February 20, 2024

The Daily Bankruptcy News

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Law:

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100
(DBN)

The Game Isn’t Over for Associates Who Fall Off the Partner Track
(DBN)

Should a bar license function like a driver’s license? Advocates say multi-jurisdictional practice rules should change
(DBN)

Law Firm Managing Partner Shares Her Journey To The Top
(DBN)

Golden Gate University sued over canceled JD program
(DBN)

Baker McKenzie's Verein Structure Heavily Scrutinized in US Malpractice Case
(DBN)

FTX Investors Claim Sullivan & Cromwell 'Aided' and Encouraged Fraud
(DBN)

Online law graduates get pathway to take Indiana bar exam
(DBN)

'FOMO' In Biglaw Recruiting: Will More Law Schools Switch Their Dates For On-Campus Recruiting?
(DBN)

How automation can make or break your law firm
(DBN)

Biglaw Firm Built On Top Of An Ancient Burial Ground?
(DBN)

Murder suspect paid $120,000 to his lawyer who relied on Google during trial
(DBN)

Judge fines Donald Trump more than $350 million, bars him from running businesses in N.Y. for three years Trump avoids ‘corporate death penalty’ in civil fraud case, but his business will still get slammed Donald Trump faces potentially crippling $450 million in fines as trouble stacks up Habba: Trump Can Post $400M Appeal Bond Trump Q&A: How much does he owe and how fast is the $355M tab growing? Trump’s finances take massive hit from ‘double whammy’ of legal blows The Trump fraud trial verdict goes well beyond ordering the ex-president to pay $355 million. Here's what the ruling means. Trump’s hubris has brought about the downfall of his family’s business empire Judge cites history of Trump Org. in $355 million ruling Judge Engoron Takes Parting Shot at Ivanka Trump Trump Trial Judge Slams ‘See No Evil, Hear No Evil’ Testimony Judge pulls back from dissolving Trump’s businesses in fraud ruling Melania, Ivanka Could Save Donald Trump's Businesses Judge: Trump Org defendants’ ‘complete’ lack of contrition ‘borders on pathological’ Trump reacts to verdict in New York civil fraud case, vows to appeal Fraud like nobody's watching: Trump was probed for 5 years, and still wouldn't clean up his act Turner claims Trump’s NY fraud verdict is ‘threat’ to all businesses Hochul tells NY businesses not to fear about Trump verdict: ‘Nothing to worry about’ Kevin O’Leary says he will no longer invest in ‘loser’ New York after Trump verdict Truckers threaten boycott for Trump Trump lawyer Alina Habba on NY fraud verdict: ‘They will not get away with it’
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N.Y.'s crusading attorney general tackles big targets: Trump, Cuomo and now the NRA
(DBN)

Ex-President Faces Potential 'Fire Sale' of Prized Assets Cohen predicts Trump will have to liquidate assets after fraud verdict Michael Cohen suggests Trump’s mounting legal fees make him ‘thoroughly compromised’: ‘He is for sale’
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Sean Spicer: Trump verdict is ‘what happens if insanity and outrage had a baby’
(DBN)

Meet the former organized-crime prosecutor now overseeing the Trump Organization
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Time for a Refresher on Trump’s Hush-Money Case
(DBN)

Vote Fraud Hype Group 'True The Vote' Admits In Court Filings It Has ZERO Proof
(DBN)

Fate of Fulton County DA's role in Trump case uncertain after testimony concludes Fani Willis’ testimony evokes long-standing frustrations for Black women leaders The stakes of Georgia's case against Trump Step Aside, Fani Willis Judge questions 'credibility' of Fani Willis' father for violating sequestration rule
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Jack Smith pushes Mar-a-Lago judge to bar Trump from releasing names of witnesses
(DBN)

Trump opts against appealing civil immunity claim in Jan. 6 lawsuits to Supreme Court
(DBN)

Haley says she’d pardon Trump if he’s convicted
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An Explosive Indictment of a Star GOP Informant Indictment of FBI informant could spell trouble for key GOP impeachment claim GOP Declares Victory After Impeachment Source Indicted For Lying About Biden Bribes
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Looming testimony of Biden relatives has high stakes for both sides
(DBN)

Cohen after Trump fraud verdict: His only out from fines, incarceration is winning the election
(DBN)

$355M GoFundMe launched to help pay Trump’s legal judgments
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Former federal prosecutor: ‘Chutzpah doesn’t begin to describe’ Trump legal claims
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The 'bank shot' Trump has pinned his hopes on at the Supreme Court
(DBN)

Man who predicted Jan. 6 insurrection and stormed U.S. Capitol sentenced to prison: Cops Man seen in video smashing Nancy Pelosi's sign on Jan. 6 is arrested, feds say Man who took group selfie in Capitol building on Jan. 6 faces felony charges: Feds Man who faced off with armed guards on Jan. 6 faces felony charge Man who authorities say bragged of ‘kinda’ breaking Pelosi sign on Jan. 6 arrested
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Rudy Giuliani vows to fight sexual harassment lawsuit filed by aide who says he wanted to 'own her'
(DBN)

Many believe the founders wanted a Christian America. Some want the government to declare one now
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Alabama Supreme Court rules frozen embryos are ‘children’
(DBN)

Ohio Law Forces Transgender Candidate to Use Deadname on Ballot
(DBN)

Border deal collapse raises pressure on DHS funding talks A Family Ranch, Swallowed Up in the Madness of the Border Most Americans believe Biden admin doing a bad job handling influx of migrants: Pew
(DBN)

Neo-Nazis seen performing Hitler salutes on march through Nashville
(DBN)

Maine shooter signaled to police during check in that fellow reservists were afraid of him
(DBN)

Former FBI spy hunter sentenced to more than 2 years in prison for lying about cash payment
(DBN)

Louisiana gov. declares state of emergency due to severe police officer shortage
(DBN)

Blinken’s Family Is the Latest Target of Ugliest Protest Trend
(DBN)

Mayorkas impeachment sparks new Senate GOP fight
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Utah’s new ‘Sovereignty Act’
(DBN)

2 Police Officers and 1 Firefighter Killed in Minnesota Shooting, Officials Say
(DBN)

IN: 1 Dead, 5 Wounded at Waffle House Shooting
(DBN)

Will SCOTUS Allow Citizens to Own Machine Guns
(DBN)

Mother claimed there 'wasn't a law' against her using taser on 10-year-old son: Police
(DBN)

Former Rep. George Santos sues Jimmy Kimmel, accuses him of misusing Cameo videos
(DBN)

Julian Assange’s moment of truth has arrived – and the stakes are high Assange Makes Last Ditch UK Appeal Against US Extradition
(DBN)

Man takes off in stolen tow truck on highway. See what happens next
(DBN)

Arizona man just released from prison steals truck hauling Corvettes because he needed a ride home : sheriff
(DBN)

Burglars Hit Movie Director’s Home, Then Deliver a Cinematic Plot Twist
(DBN)

Kilt-Wearing Texan, 60, Busted For Vile Acts
(DBN)

Pizza Hut employee kills co-worker over inheritance, left trail of blood to dumpster: Cops
(DBN)

Immunity Denied To Cop Who Ticketed A Man For Telling The Cop To Turn On His Headlights
(DBN)

Sleepy Connecticut town rocked by alleged drug-dealing pastor
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Two tragic Keys boat crashes, two vastly different charges. State denies special treatment
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A popular gun influencer conspired to illegally import machine guns. He still has a home on YouTube.
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Judges:

John Oliver just made Clarence Thomas an offer he thinks the SCOTUS judge can't refuse
(DBN)

California judge charged with 19 counts of judicial misconduct
(DBN)

Pa. judge charged with shooting ex-boyfriend in the head; tried convincing victim he shot himself, police say
(DBN)

The Supreme Court will decide if the government can seize control of YouTube and Twitter
(DBN)

The Circuit Barrage: The Justices’ Divergent Votes Based On Lower Courts
(DBN)

Trump rails against NY judge who slapped him with $355M fine in fraud case
(DBN)

Where is courtroom technology heading? It’s complicated
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Wall Street:

 

Dow slides more than 100 points Friday, major averages end 5-week winning run
(DBN)

Companies Scramble to Reduce Expectations as Stocks Ignore Risks
(DBN)

Record US Stock Rally Is Under Threat From a World in Turmoil
(DBN)

For Barclays Bankers, Bonuses Got a Lot Smaller Last Year
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Layoffs:

Mark Zuckerberg explains why so many tech companies are doing layoffs right now
(DBN)

Germany's Continental to Fire 7,150
(DBN)

Finance Layoffs Watch ’24: Morgan Stanley
(DBN)

US steel worker sounds off as WV tin plant shuts its doors, putting 900 jobs on the line: 'Total travesty'
(DBN)

A major auto supplier for Tesla, VW, Ford to slash 10K jobs
(DBN)

Mesa Public Schools planning 385 job cuts
(DBN)

Mercy Health layoffs to impact nearly 300
(DBN)

Legal News Service Law360 Lays Off 10%
(DBN)

Saint Rose says college's closure will cost 646 jobs
(DBN)

West Liberty Foods announces 260 layoffs
(DBN)

Google Lays Off Thousands More Employees Despite Record Profits One Year After Laying off 12,000 Employees As Workers Begin Worrying AI is Slowly Replacing Them
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History:

Documents reveal Abraham Lincoln pardoned Biden’s great-great-grandfather
(DBN)

Japanese internment camp Day of Remembrance a time to ‘reckon with imperfections’
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Crypto:

FTX Investors Sue Sullivan & Cromwell Claiming Firm Aided Fraud FTX Investors Sue Sullivan & Cromwell, Say Firm Aided Fraud FTX creditors file class action against bankruptcy lawyers over ties to FTX prior to its collapse
(DBN)

Bahamas Bank Deltec Accused of Giving Bankman-Fried ‘Secret’ Credit to Buy Tether
(DBN)

US Prosecutors in Binance Case Urge Judge to Accept Plea Deal
(DBN)

A crypto influencer has posted what she says is the first photo of Sam Bankman-Fried hanging out with his fellow inmates
(DBN)

Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
(DBN)

Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure
(DBN)

FTX Bankruptcy: Bahamian Bank Indicted Over Secret SBF Credits
(DBN)

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Healthcare:

Senior Living Firm Petersen Health Care Plans Bankruptcy Filing Senior living firm with 100 nursing homes set to file for bankruptcy after $50m battle & CEO braces for ‘minimal impact’
(DBN)

Hundreds of rural hospitals are in danger of shutting down, study finds: ‘At risk of closure'
(DBN)

Biden’s brother used his name to promote a hospital chain. Then it collapsed Biden's $200K payment from brother receives renewed scrutiny after report detailing failed hospital venture James Biden said Joe was present for call about now-bankrupt hospital firm prez’s bro allegedly fleeced: report
(DBN)

Largest multicountry COVID study links vaccines to potential adverse effects
(DBN)

The loneliest generation: Inside the Gen Z mental health crisis
(DBN)

Florida health officials investigate measles outbreak at school
(DBN)

Idaho asks Supreme Court to allow enforcement of gender-affirming care ban
(DBN)

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Autos:

What the U.S. can learn from Norway when it comes to EV adoption
(DBN)

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Retailing:

Analyst: Beloved mall retailer facing Chapter 11 bankruptcy Express Inc ‘mulls’ debt restructuring, possible bankruptcy
(DBN)

What the bankruptcy of biotech darling Amyris means for the beauty industry
(DBN)

No more free ride
(DBN)

U.S. retail sales drop by most in nearly a year after holidays
(DBN)

Walmart to Give Key Signal With Shoppers ‘Spending Begrudgingly’
(DBN)

Home Depot Sales Drop for Fifth Straight Quarter on Weak Demand
(DBN)

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Economy:

The Fed has a very strong case to keep rates higher for longer There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
(DBN)

Markets Start to Speculate If the Next Fed Move Is Up, Not Down
(DBN)

Fed’s ‘Golden Path’ to Soft Landing Aided by Productivity Boom
(DBN)

US dollar dominance not under threat, despite risks: Fed official
(DBN)

US Producer Prices Increased by More Than Forecast in January
(DBN)

Global Factory Check-Up Is About to Reveal Extent of Nascent Recovery
(DBN)

Young adults are getting used to living on a financial cliff
(DBN)

This college professor turned out to be an economic oracle last year. Here's her outlook for 2024.
(DBN)

What remote-first Gen Zers want at work
(DBN)

The outdated concept that’s biasing managers against remote work
(DBN)

Leaving ‘Mr. Mom’ Behind
(DBN)

Liberals Dreamed of This Economy. What If Voters Don’t Like It?
(DBN)

The ‘low-tax’ lie: States hyped for low taxes are low-tax only for the rich
(DBN)

The stock market is not the economy, U.K. and Japan edition
(DBN)

Texas Now Rivals New York as Financial Hub
(DBN)

Congress Skips Town as Shutdown Looms
(DBN)

Germany Says Failure to Back Ukraine Aid Could Hurt US Economy
(DBN)

Gen Z faces more pressure at work than previous generations because technology has eliminated work-life boundaries, a psychology professor says
(DBN)

Gen Z are treating employers like bad dates: 93% ghost interviews and 87% have not even shown up for their first day of work
(DBN)

Libraries are on the front lines of America's problems
(DBN)

Elon Musk has 'game plan' to send one million people to Mars – starting in 2029
(DBN)

CFOs will be challenged by shrinking EBITDA margins, according to new research
(DBN)

"Silver tsunami": Record number of Americans set to turn 65 this year Retirements spike again as stock market booms
(DBN)

Billionaires’ Survivalist Bunkers Go Absolutely Bonkers With Fiery Moats and Water Cannons
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Housing-market activity stalls in January amid uncertain rate outlook
(DBN)

U.S. housing starts drop to slowest pace in five months
(DBN)

The Great Compression
(DBN)

3rd Look at Local Housing Markets in January; California Home Sales Up 5.9% YoY in January
(DBN)

CRE Market Woes Mount as Assets Get ‘Stranded’ by New CO2 Rules
(DBN)

Systemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause Turmoil
(DBN)

These Small Towns Have a Big City Problem: The Rent Is Way Too High
(DBN)

Woman’s corpse and 30 cremated remains found after ex-funeral home owner gets evicted from house
(DBN)

Silicon Valley's next big thing: A new city
(DBN)

The 10 U.S. cities where renters’ incomes go the furthest—No. 1 is in California
(DBN)

DOJ disses proposed deal in New England commissions suit
(DBN)

In New York, the Trump Brand Is Costing Some Condo Owners
(DBN)

Virginia bank delays plans to auction land at resort owned by West Virginia governor's family
(DBN)

Contractor says owners of LA's ‘Graffiti Towers' owe them, sub-contractors around $200 million
(DBN)

The Banker Who Brought Signa to Julius Baer Is Leaving Firm
(DBN)

New WeWork Suitor Emerges
(DBN)

L.A. Oceanwide Plaza Faces $240M Mountain of Construction Claims
(DBN)

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Oil/Gas:

The death of oil demand has been exaggerated and supply won't be able to keep up without more investment, Morningstar says
(DBN)

America’s Oil Power Might Be Near Its Peak
(DBN)

Do natural gas exports help or hurt American prices?
(DBN)

The War Over Burying Nuclear Waste in America’s Busiest Oil Field - WSJ
(DBN)

Switch to EVs Was Always Going to be a Slog
(DBN)

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Education:

Oldest US boarding school, Maryland’s West Nottingham Academy, has plan to emerge from bankruptcy
(DBN)

St. Andrew's had a plan to stay open. It ran into the same problem as other Catholic schools
(DBN)

Texas ban on university diversity efforts provides a glimpse of the future across GOP-led states
(DBN)

Colleges Are Cracking Down on Free Speech in the Name of ‘Inclusion’
(DBN)

How dropping the kids off at school became the norm
(DBN)

Brockton school officials asking for National Guard support to prevent ‘potential tragedy’
(DBN)

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Climate:

Wall Street giants like JPMorgan and Pimco are walking back their environmental pledges after years of outspoken support for fighting climate change
(DBN)

The water cycle that sustains the Amazon faces collapse, scientists say
(DBN)

Solar power could drive more than half of new electricity generated in the US this year, EIA says
(DBN)

New feedbacks speed up the demise of Arctic sea ice
(DBN)

Shell Closes Its Hydrogen Stations In California
(DBN)

Storm-hit California faces fresh atmospheric river flood threat
(DBN)

Biden administration considering delaying switch to electric vehicles: Report
(DBN)

Once melting glaciers shut down the Gulf Stream, we will see extreme climate change within decades, study shows
(DBN)

Biden’s climate law fines oil companies for methane pollution. The bill is coming due.
(DBN)

‘100%' Sustainable Claims Pose Mounting Legal Risk for Companies
(DBN)

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Student Debt:

What Are the Revised Department of Justice Guidelines for Discharging Student Loan Debt?
(DBN)

Over 8,000 student-loan borrowers are getting $10.9 million in payments in the mail after a federal watchdog accused a debt-relief company of charging them 'illegal upfront fees'
(DBN)

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Agribusiness:

‘We have reached the end of our rope.’ Why farmers around the world are protesting
(DBN)

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Labor:

Amazon joins companies arguing U.S. labor board is unconstitutional
(DBN)

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Newspapers:

‘The Investment Firms Leave Behind a Barren Wasteland’
(DBN)

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Food/Beverage:

Ozempic Users Cut Grocery Spending by Up to 9%, Survey Finds Ozempic Means Junk-Food Makers Need Course Correction
(DBN)

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Maritime:

Houthis sink British ship in Red Sea Yemen's Houthis say they attacked two US ships in Gulf of Aden Houthis could attack Britain’s underwater internet cables Oil Holds Near Three-Month High After Another Red Sea Attack
(DBN)

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Celebs:

Huge blow for Katie Price as her favorite horse ‘taken by bailiffs’ from Mucky Mansion amid bankruptcy battle
(DBN)

Actor Danny Trejo Sells Off Los Angeles Home For $770k to Help Pay Off Massive Tax Debt
(DBN)

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Debt Collection:

Third Circuit finds Pennsylvania lending law does not regulate collection of charged-off debt
(DBN)

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Politics:

Feds Deliver Stark Warnings to State Election Officials Ahead of November
(DBN)

Haley warns Trump could try to use RNC as ‘piggy bank’ if reelected Haley blasts Trump’s praise for Putin in wake of Navalny death Haley presses Trump to call out Putin amid silence after Navalny death Haley on RNC focus on electing Trump: ‘We don’t anoint kings’ Trump falsely claims Haley supported Obama over Romney Haley declines to affirm she will support Trump if he wins nomination
(DBN)

Joe Manchin announces he will not run for president
(DBN)

Wisconsin Trump elector on 2020 election docs: "It was not a safe time" Wisconsin ‘fake elector’ Andrew Hitt says he was tricked into signing document claiming Trump won in 2020 Ex-Wisconsin GOP Chairman Admits He Went Along With Trump Fake Electors Plot Because He ‘Was Scared to Death’
(DBN)

Handwringing over Biden's age has Democrats worried about a repeat of Ruth Bader Ginsberg's refusal to step down Inside the plot to replace elderly Joe Biden Biden's reset moment Nate Silver urges Biden: Reassure voters or ‘stand down’ NY Times publisher: White House ‘extremely upset’ about coverage of Biden age
(DBN)

Inside Kamala Harris’ quiet effort to break through the Biden campaign’s information bubble
(DBN)

Biden's colossal cash advantage Biden campaign raises $42 million in January
(DBN)

Donald Trump's cognitive decline 'more apparent' than Joe Biden's after 'slurred speech'
(DBN)

Trump speaks of new ‘N-word,’ compares himself to Al Capone in off-script moment at rally in wake of legal woes
(DBN)

Trump’s first remarks about Navalny compare Russian’s death to his legal situation Navalny vs. Trump Haley calls Trump ‘weak in the knees’ on Putin after Navalny death
(DBN)

Sharp Elbows, Even Sharper Knives in Trump Inner Sanctums
(DBN)

AI Ad Commotion
(DBN)

High-profile Republicans head for the exits amid House GOP dysfunction Gaetz: ‘I love’ CNN article on cause of ‘brain drain’ in Congress
(DBN)

House Republicans’ majority is falling apart A guide to the 5 GOP factions roiling the House
(DBN)

Cheney says it’s ‘worth’ Johnson losing Speakership over passing Ukraine aid bill Cheney warns of a ‘Putin wing of the Republican party’ Lindsey Graham gives nod of support to House foreign aid bill Graham’s U-turns have Senate colleagues fed up: ‘Annoying,’ ‘tiresome’ 'There’s only Plan A': Defense leaders fear failure in Ukraine Biden: House Republicans 'walking away from the threat of Russia' John Bolton: ‘If Trump is elected, there will be celebrations in the Kremlin’
(DBN)

Trump hawks $399 branded shoes at ‘Sneaker Con,’ a day after a $355 million ruling against him Trump's high-top sneakers sell out hours after launch Trump Hawks Gold, Self-Branded $399 Sneaker as Legal Fees Mount ‘Wow! Lot of Emotion!’ Loud Booing and Cheering, Rowdy Shouting, and ‘F*** Joe Biden’ Chants Engulf Trump On Sneaker Con Stage Trump receives mixed reception as he launches $400 gold sneakers day after $355 million court ruling The Staggering Amount of Shoes Trump Would Need to Sell to Pay Off NY Fine
(DBN)

Right Wing Megadonors Drift Back to Trump
(DBN)

UFC Fighter Vows to ‘Beat the Mouth Off’ His MAGA Opponent and Drag Him ‘In Front of Trump’
(DBN)

Presidential experts rank Biden 14th among presidents in survey, Trump comes in last Biden campaign hammers Trump for finishing last in presidential survey Presidential Greatness Survey: Full List
(DBN)

AOC's questions years ago helped spark the investigation into Trump's business. Now, he's been ordered to pay $355 million.
(DBN)

A chaotic US House is losing three Republican committee chairs to retirement in the span of a week
(DBN)

GOP House chair: Johnson has no way out of Ukraine floor vote
(DBN)

Trump Privately Expresses Support for a 16-Week Abortion Ban
(DBN)

Michigan’s G.O.P. Nominating Process Appears Headed For Chaos
(DBN)

Political gender gap grows as young women move left
(DBN)

Congressman’s campaign site suffers X-rated hack
(DBN)

‘No one’s coming to save us’: Abortion campaigns scramble for limited cash
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Mass Torts:

US Supreme Court's Alito pauses Boy Scouts $2.46 billion abuse settlement Supreme Court Hits the Brakes on Boy Scouts Chapter 11 Plan
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Lawsuit claims fertility doctor used his sperm for insemination, 22 half-siblings found
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Cross-Border:

A Brief Defense of COMI
(DBN)

1MDB-linked firms' liquidators seek to recover assets by filing petition under US bankruptcy code
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Standing:

Committee Standing
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Discharge:

Fourth Circuit Holds That Settlement of Nondischargeable Debt and Resulting Interest and Fees Owed Thereunder Are Both Nondischargeable Debts in Bankruptcy
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Ch. 13:

Idaho Bankruptcy Court Holds that Later-Recovered Assets Revert to Borrower Absent Plan Provision to the Contrary
(DBN)

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Aviation:

Facial Recognition: Coming Soon to an Airport Near You
(DBN)

Air Canada must pay refund promised by AI chatbot, tribunal rules
(DBN)

SpiceJet's Ajay Singh along with Busy Bee Airways bid for bankrupt Go First
(DBN)

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Corporate Governance:

Meet the Delaware judge who keeps foiling Elon Musk
(DBN)

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Finance:

Why Private Credit Is Booming and Banks Are Fighting Back
(DBN)

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Consumer Debt:

The Consumer Debt Default Judgments Act
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Insurance:

Chaucer, Vesttoo creditors settle over $18.9m funds & segregated cell ownership
(DBN)

The Insurance Part of the Massive Trump Civil Fraud Verdict
(DBN)

Car Insurance Prices Soar
(DBN)

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Guns:

Mexico’s Lawsuit Against US Gunmakers Could Drive Manufacturers Into Bankruptcy
(DBN)

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Labor:

To avoid bankruptcy, ILWU pays $20.5 million to replace a shipper’s lost profits
(DBN)

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Sovereigns:

Think Tank Says Pakistan Debt Unsustainable, Urges Climate Swaps
(DBN)

African countries to spend $74bn on debt service in 2024; negotiating new terms with private creditors failing – AfDB
(DBN)

Maldives at high risk of external and overall debt distress: IMF amid China’s growing influence in the island nation Maldives sitting on a debt pile, but not bankrupt yet
(DBN)

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UK:

Monthly Insolvency Statistics, January 2024
(DBN)

PI firm went bust after creditors stopped writing off debts
(DBN)

Bankruptcy in the UK: Do Managers Talk the Talk before Walking the Walk?
(DBN)

‘Bankrupt’ Birmingham City Council reveals details of budget savings Average £103 bill hike warning for almost every home in England Households face council tax hikes as cash-strapped local authorities increase levy Maximum council tax rise in nearly all areas, analysis finds UK charities warn of ‘devastating’ council cuts to women’s services Havering Council: Children left at risk by council services - report Birmingham Pride loses £15k council sponsorship Failure to fix council funding crisis threatens Tory election pledge, adviser warns Damning Ofsted report finds children put 'at risk' in London borough on verge of bankruptcy Council leader challenged over budget cuts and says 'We will now move on from fantasy to reality' ‘I don’t have a magic wand’ - Mayor reacts as Birmingham City Council announces Budget cuts 'Bankrupt' council must sell £1.25bn of assets
(DBN)

FCA secures bankruptcy of Avacade directors
(DBN)

National LGBTQ+ charity announces closure due to insolvency
(DBN)

U.K. voters deliver double blow to beleaguered Rishi Sunak
(DBN)

Thames Water Woes May Prompt a £5 Billion Rescue Plan
(DBN)

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EU:

Russia’s war in Ukraine is igniting an old debate in Brussels over debt
(DBN)

Imam recites Quran at Belgian parliament, calling for killing, kidnapping of Jews
(DBN)

At least four police hurt in Hague riots after rival Eritrean mobs torched cars, trashed buildings and hurled bricks at cops - turning Dutch city into a war zone
(DBN)

Europe worries U.S. isolationism is back
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Canada:

Nygård’s Impact: A Deep Dive into Substantive Consolidation in Canadian Insolvency Cases
(DBN)

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MENA:

Israel's Economy Fell 20% in Last Quarter of 2023
(DBN)

Top UN court rejects request to prevent Israel’s further advance into Rafah US Pushes UN to Support Gaza Ceasefire
(DBN)

ICJ begins historic hearings on Israel's occupation of Palestine
(DBN)

Displaced Gazans Brace for Possible Ground Assault on Border Town Israel strikes Gaza as US says it will veto additional UN cease-fire resolution Israel strikes across Gaza Israel says over 100 arrests made in Gaza hospital raid Inside Gaza’s health crisis Gaza Doctor: It's Not a War, It's Annihilation UN experts demand investigation into claims Israeli forces killed, raped and sexually assaulted Palestinian women and girls Israel pounds Gaza, formally rejects ‘unilateral recognition’ of Palestinian statehood Top Biden adviser to visit Egypt, Israel as fears over Bibi's Rafah threats grow US Pushing Israel Not to Attack Rafah
(DBN)

Hezbollah Vows to Escalate Israel Fight After Civilian Attacks
(DBN)

Israel Weighs Eichmann-Style Public Trials for Oct. 7 Attackers
(DBN)

Talks at an impasse as Netahyahu calls Hamas demands 'delusional' Qatar Says Negotiations Over Gaza Cease-Fire Are ‘Not Positive’
(DBN)

Rep. Jim Clyburn: Biden ‘feels about the way I feel’ that Benjamin Netanyahu’s ‘leadership is not good for Israel’
(DBN)

Israel’s government formally rejects the unilateral recognition of a Palestinian state Palestinian diplomat asks UN court to declare Israel's occupation illegal
(DBN)

‘Our people are here to stay’: Hearing on Israeli occupation of Palestinian-claimed land begins
(DBN)

As Thousands Protest in Tel Aviv, Netanyahu Dismisses Calls for Early Elections
(DBN)

Al-Qaeda resurfaces in Afghanistan with new training camps, Islamic schools
(DBN)

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Russia:

Russia Loses Bid to Overturn $50 Billion Award in Yukos Case
(DBN)

Zelenskiy Invites Trump to Experience ‘Real War’ at Frontlines
(DBN)

Kremlin threatens to unleash Armageddon on the West if it loses in Ukraine
(DBN)

Biden Blames Putin for Navalny’s Death as Western Outrage Grows Alexei Family Prevented From Retrieving Body - WSJ Navalny’s wife says Russian authorities are hiding his body so poison can disappear Navalny aide says his body won’t be released for 14 days Alexei Navalny died in 'end of world torture pit' of tear gas and half-naked humiliation White House weighs next steps after Navalny’s death Navalny Team Says Family Prevented From Retrieving His Body Alexei Navalny's body 'is "found" and shows signs of bruising caused by being held down while suffering convulsions' Putin Kills Off the Handsome Princes Floral tributes to opposition leader Alexei Navalny pulled down and mourners detained in Russian cities More than 400 detained in Russia at events in memory of Navalny, rights group says ‘I Have to Say Goodbye. But I Don’t Want to Go to Jail.’ Tucker Carlson: ‘No decent person would defend’ what happened to Navalny Mystery spies seen at prison Outrage Over Navalny's Death Now a Rallying Cry Russian opposition leader Alexei Navalny’s death, explained Navalny death ratchets up pressure on GOP to move Ukraine aid The US is almost out of options to make Russia pay for Navalny's death Nerve agents, poison and window falls. Kremlin foes have been attacked or killed over the years Alexei Navalny's widow says she will continue his Russian opposition work
(DBN)

As Putin Threatens, Despair and Hedging at Munich Conference
(DBN)

The Death Throes of a Ukrainian City 'The road to Avdiivka is filled with Ukrainian corpses' Ukraine’s Zelenskyy warns of an ‘artificial deficit’ of weapons after withdrawal from Avdiivka Russia raises its flag in Avdiivka, then presses the advantage on a vulnerable Ukraine Russia's Staggering Avdiivka Losses Laid Bare by Ukraine Ukraine withdraws from key city after months outgunned and outmanned by Russian forces Ukrainian troops withdraw from Avdiivka as ammunition shortage bites Biden Says Ukrainian City’s Fall Shows Impact of Aid Delays City’s Fall Leaves Ukraine With an Even Tougher Fight Ahead Ukraine’s defeat at Avdiivka darkens the mood in the West
(DBN)

Denmark to send its ‘entire artillery’ to Ukraine, the country’s prime minister says
(DBN)

Sweden to Send Ukraine $680 Million Military Aid Package
(DBN)

The Ukraine war grinds on — 4 ways the conflict with Russia could end
(DBN)

Trump will quit NATO, Hillary Clinton says, as anxiety mounts over the U.S.′ commitment
(DBN)

Germany’s defense minister says spending 2% on defense ‘can only be the start’ Germany Says Its Defense Spending Could Increase to 3.5% of GDP Donald Trump 'Right' in NATO Criticism, Allied Official Says
(DBN)

Last Holdout Hungary May Vote This Month on Sweden’s NATO Bid Hungary to Approve Sweden’s NATO Accession Bid on Feb. 26
(DBN)

Lindsey Graham: Time to designate Russia a state sponsor of terrorism
(DBN)

DOJ: Confiscated Russian funds will support Ukraine — via Estonia
(DBN)

Company That Makes Oreos Is Strong as Ever in Russia as War Drags On
(DBN)

The Kremlin has never been richer, thanks to a US partner
(DBN)

Russia’s Seaborne Crude Flows at Risk as India Shuns Key Grade
(DBN)

____________

China:

Foreign Direct Investment Into China Slumps to Worst in 30 Years
(DBN)

China rolled out a new measure of youth unemployment. It shows the nation's labor market is still a mess, think tank says
(DBN)

‘It’s legalized robbery’: anger grows at China’s struggling shadow banks
(DBN)

Chinese EV maker Xpeng unveils capex blitz as it sees no let-up in market bloodbath
(DBN)

Chinese Banks Cut Mortgage Reference Rate by Most on Record
(DBN)

____________

India:

Personal guarantors face more insolvency heat
(DBN)

Thousands of debtors resolving cases before admission under insolvency law: IBBI
(DBN)

Each homebuyer vote matters when voting on resolutions to withdraw CIRP: NCLAT
(DBN)

Boosting real estate recovery: IBBI launches ‘project-wise resolution’ initiative
(DBN)

Out-of-court insolvency fix for larger firms soon
(DBN)

____________

Argentina:

Poverty in Argentina hits 20-year high at 57.4%, study says
(DBN)

____________

Australia:

Aussie tech firms under increasing insolvency threat, data shows
(DBN)

____________

Haiti:

Widow of assassinated Haitian president indicted over his killing
(DBN)

____________

Sweden:

Swedish Landlord Oscar Properties’ CEO, CFO Suddenly Step Down
(DBN)

____________

Australia:

Australia unveils plan for largest navy buildup since World War II
(DBN)

____________


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