July 17, 2024

The Daily Bankruptcy News

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Law:

Kirkland Giving Associates $50K For Successful Referrals
(DBN)

Wife of Trump’s VP pick, who clerked for Roberts and Kavanaugh, leaves her firm Usha Vance Leaves Prestigious Biglaw Firm After Her Husband Is Chosen As Trump's VP
(DBN)

Retired NFL player’s lead counsel removed for attempting to ‘manufacture discord,’ judge says
(DBN)

The Best Professors In Law School
(DBN)

Bankruptcy Attorney Joel Newell Joins Ballard Spahr in Phoenix
(DBN)

Lawyer once named most eligible bachelor sentenced to at least 5 years in prison for rape
(DBN)

After Exiting Bankruptcy, Joann Crafts Expanded Role for GC
(DBN)

Former US attorney: Cannon’s dismissal ‘blessing in disguise’ for Jack Smith Lawyer who drafted special counsel regs predicts fate of 'cuckoo' dismissal of Trump case Mar-a-Lago judge's obliteration of Jack Smith's authority sets up 11th Circuit showdown Harvard Professor: Aileen Cannon Took a Sledgehammer to the Rule of Law Cannon Ruling Leaves Legal Experts Stunned Clarence Thomas signaled how he might rule on a challenge to Trump special counsel. Would other justices follow?
(DBN)

Trump attorney: Manhattan trial, DC indictment must be dismissed after immunity, documents rulings
(DBN)

Georgia Appeals Court to hear arguments in December in Trump effort to disqualify Fani Willis
(DBN)

Rudy Giuliani bashes 'onerous, punitive' request to drain 'all funds' in his bank accounts 'Old man had too much wine': Rudy Giuliani laughed at as he topples over at RNC Giuliani has ‘no regrets’ about defaming 2020 election workers
(DBN)

Prosecutor of Trump Protesters Accused of Ethics Violations Federal prosecutor allegedly lied and used edited videos to charge anti-Trump protesters
(DBN)

Christopher Steele's company says Trump is abusing the legal process in Clinton RICO case
(DBN)

Democratic Sen. Bob Menendez found guilty in corruption trial From Gold Bars To Behind Bars: The Bob Menendez Story Menendez convicted on bribery, foreign agent charges Schumer calls on Menendez to resign after conviction Bob Menendez is guilty. Here’s what happens next New Jersey senator convicted of 16 felonies in corruption trial
(DBN)

Man allegedly threatens to 'slit Joe Biden's throat,' kill federal agents
(DBN)

Women ‘fed to the sharks’ under Texas Senate sexual harassment policy, Texas Monthly reporting finds
(DBN)

Minnesota cannot bar adults under 21 from carrying guns, court rules
(DBN)

Trump Adviser Eyes Loosening Gun Laws Even More: “The Team’s Complete”
(DBN)

Trump sues Whitmer for making VA medical centers a designated voter registration site
(DBN)

Mother killed son after he got 'upset' about helping her with stuck lawn mower
(DBN)

Fight over $100 leaves mother of 2 dead after man runs her, friend over with truck: Police
(DBN)

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Judges:

Bankruptcy Court Likely to Pare Back Probe into Ex-Judge Romance
(DBN)

Biden set to announce support for major Supreme Court changes Sources: Biden to push for Supreme Court reform, term limits and amendment to overturn immunity ruling
(DBN)

Federal judges weigh need for new guidance after clerk accused of racist statements
(DBN)

Double-Check To Make Sure Your Judge Isn't One Half Of A Power Couple
(DBN)

Prosecutors Eye Conflicts in 23 Cases in Alaska Judge Fallout
(DBN)

Exposing The Originalism Lie
(DBN)

Why AOC’s Effort to Impeach Alito and Thomas Isn’t Going Anywhere
(DBN)

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Wall Street:

S&P 500 futures fall nearly 1% as investors continue to dump tech winners like Nvidia
(DBN)

Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3%
(DBN)

A reliable stock market indicator is flashing its first warning sign since 1999
(DBN)

One of investors' biggest fears about the stock market is fading
(DBN)

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Layoffs:

Warner Bros. Starts New Round of Firings
(DBN)

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Utilities:

4 things to know about the Houston power crisis 'This Storm Has Broken People': After Beryl, Residents Consider Leaving Houston Less than 100k still without power as Abbott says CenterPoint 'has lost the faith and trust of Texans'
(DBN)

CenterPoint's $2.3B plan is supposed to protect against extreme weather. Houston is skeptical.
(DBN)

Millions of Poor Face Power Cutoffs Amid Heat
(DBN)

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Healthcare:

Kids' vaccination stalls globally, WHO finds
(DBN)

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Fraud:

China Tycoon Who Angered Beijing Found Guilty of Fraud in New York
(DBN)

Ozy Media founder Carlos Watson convicted in fraud trial
(DBN)

Bankruptcy judge says Burt Marshall ran a Ponzi scheme for years
(DBN)

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Retailing:

Retail Sales Unchanged in June
(DBN)

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Crypto:

Ontario's 'Crypto King' allegedly still hiding online income ahead of bankruptcy discharge hearing
(DBN)

Celsius Pursuit of Mashinsky Highlights Crypto Customer Fortunes
(DBN)

FTX and CFTC agree to $12.7 billion settlement following months of negotiations
(DBN)

Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
(DBN)

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Economy:

Migrant Influx to Keep Cooling US Job Market, SF Fed Study Says
(DBN)

Trump says he would let Fed Chair Powell finish his term if he wins in November
(DBN)

IMF: Get Used to High Interest Rates
(DBN)

Trump's Economic Plans: Tariffs, Tax Cuts and Few Details
(DBN)

Why you're going to be hearing a lot about tariffs on China for the next 4 months
(DBN)

Slamming China with tariffs is a mistake, and the US can do one big thing to support key industries, Yale economist says
(DBN)

Amazon wants employees to stop checking in, grabbing coffee, and leaving
(DBN)

Dell employees used the company's signature corporate survey to tell bosses how they feel after its RTO push
(DBN)

Americans' retail spending flat in June as gas prices, auto sales dip
(DBN)

Can We ‘Make America Affordable Again’? Should We?
(DBN)

The Overreaction to the End of Chevron Deference
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

NAHB: Builder Confidence Declined in July
(DBN)

Mortgage refinance demand jumps to a 2-year high, as interest rates drop
(DBN)

MBA: Mortgage Applications Increased in Weekly Survey
(DBN)

Monthly housing costs have almost doubled in swing states since the last election
(DBN)

New homes are getting smaller. Here's what homebuyers can expect
(DBN)

3rd Look at Local Housing Markets in June
(DBN)

NV: Henderson high-rise declares bankruptcy
(DBN)

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Corporate Governance:

Elon Musk Says He Will Move X and SpaceX Headquarters to Texas Elon Musk says SpaceX and X headquarters moving to Texas, blames California trans student privacy law
(DBN)

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Personal Finance:

Gym Bags, Trunks, Back Doors: How Stealth Shoppers Hide Purchases
(DBN)

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Politics:

80% of Voters Say 'Country Spiraling Out of Control'
(DBN)

JD Vance, Trump’s VP pick, once called him a ‘moral disaster,’ and possibly ‘America’s Hitler’ ‘One Handsome Son-of-a-Bitch’: How Donald Trump Fell for J.D. Vance Democrats have found their first big attack line against J.D. Vance Wall Street donors sour on JD Vance... Economic views likely to alarm corporate class JD Vance's Yale Law School Classmates Trying To Derail His Political Career J.D. Vance on Elizabeth Warren, Steve Bannon and What’s Wrong With the GOP Labels UK 'first truly Islamist country to get nuclear weapon' Why Europe looks at Trump’s VP pick with anxiety The Trump-Vance Ticket is a Repudiation of Free-Market Conservatism Scaramucci: Vance ‘first obvious error’ of Trump campaign since winning nomination J.D. Vance: Winners and losers from Trump's VP pick Peter Thiel plays kingmaker again as Trump picks JD Vance for veep Are Republican Voters Ready for the Nerdy Radicalness of J.D. Vance? J.D. Vance's short career in venture capital JD Vance has some ideas on how to get Americans to have more babies "Reprehensible": J.D. Vance's journey from "Never Trump" to VP nominee Inside J.D. Vance's Washington life ‘Fire every single mid-level bureaucrat’: Vance on federal employees JD Vance's history shows how he splits from Republicans on some key issues Advocacy groups criticize JD Vance’s ‘cruel’ record on LGBTQ issues The billionaire who fueled JD Vance's rapid rise to the Trump VP spot
(DBN)

What Trump rally gunman did before the attack Neighbors say suspect's home recently had MAGA signs outside Gunman's Family Had Been Tagged MAGA Fans Investigators still searching for motive after accessing shooter’s phone Cops Alerted Secret Service Before Shooting Conspiracy theories spread wildly after the first assassination attempt on a US president in the social media age ‘Not impossible’: Some Dems consider conspiracies after Trump shooting Jack Black’s band cancels tour after backlash to bandmate’s comment on Trump assassination attempt Secret Service faces fresh scrutiny over Trump assassination attempt Donald Trump Does Not Get Post-Shooting Poll Boost Trump shooting investigation gives FBI chance to dig itself out of deep hole with Republicans Trump Jr.'s biggest question for Secret Service after assassination attempt USA received intel of Iran plot to assassinate Trump... No known connection to shooting Alleged Iranian plot to kill Trump led Secret Service to increase security around him in recent weeks Videos Show Secret Service Snipers Were Focused Toward Gunman at Trump Rally Sniper took picture of Trump rally shooter, saw him use rangefinder before assassination attempt, source says Local official says blaming Butler police for Trump rally security failure 'couldn't be more wrong' Small-town officer who confronted Trump gunman praised by local official Violence plagued all levels of American politics long before the attempt on Trump’s life
(DBN)

Trump shares discredited anti-vaccine theories on call with RFK Jr. in since-deleted video RFK Jr. apologizes after call with Trump was leaked Kennedy and West third-party ballot drives are pushed by secretive groups and Republican donors
(DBN)

Musk is going all-in on Trump Musk Turbocharges Silicon Valley Support for Trump - WSJ Billionaires Take Sides as Turbulent Presidential Race Heats Up Investors Marc Andreessen and Ben Horowitz will donate to Trump
(DBN)

Trump Seizes on Crypto as ‘Wedge Issue’ as Donors Cheer Him On
(DBN)

Latino enthusiasm gap favors Trump
(DBN)

A new kind of Republican Party is forming at the RNC Fact-checking night 1 of the RNC Fact-checking night 2 of the Republican National Convention 5 takeaways from Day 2 of RNC Van Jones: Amber Rose RNC speech ‘most dangerous’ for Democrats Conservatives Slam RNC For ‘Giving a Primetime Speaking Slot to a Pro-Abortion Feminist’ Who ‘Praised Satanism’ Haley and DeSantis complete U-turns with fawning pro-Trump speeches Embarrassing moment Rudy Giuliani takes a tumble at RNC as aides rush to help recently disbarred lawyer & Trump ally up Rivals’ tributes fuel Trump’s demands for loyalty
(DBN)

Biden eyes reset in wake of Trump assassination attempt 5 notable moments from Biden’s interview with NBC’s Lester Holt Biden's 2 interviews proved exactly why Democrats are still worried Private efforts to nudge Biden to step aside continue Biden rebellion resurfaces on Capitol Hill More Democrats revolt against Biden’s upcoming virtual nomination Biden campaign defends virtual nomination ahead of DNC House Democrats warn DNC against moving ahead with virtual roll call to nominate Biden House Dems plot last-ditch effort to delay Biden nomination Bet on Nancy Pelosi to show Joe Biden the door ‘They Don’t Want to Let It Go’: A Reagan Aide on Biden’s Inner Circle US Rep. Schiff warns of big Democratic losses with Biden atop ticket D.N.C. Aims to Push Biden Toward Nomination Next Week, Despite Doubts
(DBN)

Fact check: Biden makes false claims about Israel, immigration and his administration’s spending
(DBN)

Trump leading Biden in all 7 major swing states: Polling
(DBN)

Teamsters leader on not automatically choosing Biden: Union must do ‘due diligence’ The Teamsters president teases the union's 2024 endorsement Teamsters president Sean O'Brien savages big business in RNC speech
(DBN)

Trump follows Biden remarks with 2-word post
(DBN)

Donald Trump Jr. says he's been blacklisted by Fox News Donald Trump Jr. warns election is "not in the bag" Trump Jr. claims only "cheating" can stop a GOP win in 2024
(DBN)

Biden teases Kamala Harris ‘could be president of the United States’ in Trump-bashing NAACP speech
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (33 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

The SBA approved millions of loans during Covid. It now sits at the center of a bankruptcy wave
(DBN)

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Mass Torts:

Now Liquidate Purdue
(DBN)

Strategies for permanently resolving mass tort claims
(DBN)

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Discharge:

Individual Debtor Discharge v. Corporate Debtor Discharge
(DBN)

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Aviation:

Spirit Airlines forecasts wider quarterly loss as revenue falls short of expectations
(DBN)

Pan Am launches comeback with $65K exclusive trip allowing passengers to relive 'golden days of travel'
(DBN)

Go First heads towards liquidation after failed EaseMyTrip, SpiceJet bids
(DBN)

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Education:

Officials increasingly ban students' cellphones, reversing trend
(DBN)

Mike Miles Moved Texas School Funds to Colorado Through a Possible Shell Corporation Without a Paper Trail
(DBN)

School Vouchers Blew Hole in Arizona Budget
(DBN)

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Movie Theaters:

Cineworld in talks to axe a quarter of UK sites two years after debt crisis Is Cineworld closing down? Full list of UK cinemas
(DBN)

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Autos:

Fisker cleared to sell North American EVs for $46.25 million
(DBN)

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Media:

Strapped for resources, local coverage of Trump shooting all looked the same
(DBN)

Newsmax CEO Uses Trump Assassination Attempt to Raise Money For Embattled Network
(DBN)

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Fintech:

Is the Synapse bankruptcy the Titanic or the iceberg?
(DBN)

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Nursing Homes:

Christian Horizon files for bankruptcy under Chapter 11, will continue operations during restructuring
(DBN)

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Tech:

Gen Z's love affair with tech jobs is over
(DBN)

Sam Altman says society may decide we need AI-client privilege similar to confidentiality with lawyers or doctors
(DBN)

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Celebs:

Elon Musk says the Trump assassination attempt is making him want to build a flying metal suit of armor
(DBN)

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Climate:

"Potentially deadly" heat wave envelops East Coast
(DBN)

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Buses:

Bus Carrier Coach USA Must Change Rules for Auction, Judge Says
(DBN)

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Sovereigns:

African Bond Creditors form its own version of “Paris Club” in response to Ghana's Eurobond default
(DBN)

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UK:

The Legal 500’s Restructuring & Insolvency Comparative Guide
(DBN)

Ex-PM Boris Johnson speaks to almost empty room
(DBN)

London is slowly turning into an unlivable nightmare
(DBN)

UK inflation holds steady at Bank of England’s 2% target, above expectations
(DBN)

123-year-old golf club sold and avoids insolvency
(DBN)

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Canada:

Delta 9 tries to fend off creditors by selling off retail cannabis stores, seeking creditor protection
(DBN)

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China:

China's money problem: Consumers aren't spending enough
(DBN)

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MENA:

Israel's military says it will begin sending draft notices to ultra-Orthodox men next week
(DBN)

Israeli Airstrikes Kill Over 20, Gazans Say, and Hit Another U.N. Building Israel continues Gaza strikes as US condemns toll
(DBN)

Netanyahu actively sabotaging hostage deal, sources say
(DBN)

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India:

Byju’s crisis: Edtech firm to appeal against insolvency proceedings
(DBN)

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Taiwan:

Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall
(DBN)

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