June 18, 2024

The Daily Bankruptcy News

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Due to the Juneteenth holiday, The Daily Bankruptcy News will not publish on Wednesday, June 19, 2024



Law:

Has litigation ended between Littler and ex-associate? Settlement cited, but resolution unclear
(DBN)

This Biglaw Firm Is Shooting Up The Rankings
(DBN)

'Hot-tubbing' and more. New terms in Black’s Law Dictionary
(DBN)

Why Senior In-House Lawyers Make Great Corporate Directors
(DBN)

The Goldilocks Solution to Law Firm Growth: Large Group Liftouts Prove 'Just Right'
(DBN)

Big Law's Favorite (And Least Favorite) Cities
(DBN)

‘Am I some punching bag?’ Lawyer says he put ex-client’s girlfriend in headlock after attack
(DBN)

Stanford Law Review Write-On Competition Hit With Cheating Scandal
(DBN)

Lawyer: Buster Murdaugh’s Defamation Lawsuit Will Blow Up in His Face
(DBN)

Carl Maughan, Kansas lawmaker arrested in March, has law license suspended over conflicts of interest in murder case
(DBN)

Bill Barr ripped for previous waffling on Trump plan to execute staffers after new report
(DBN)

Trump hints he'll prosecute Biden 'for any reason' if Supreme Court doesn't grant immunity
(DBN)

How the Supreme Court could decide Trump's fight for immunity
(DBN)

Fani Willis' Case 'Could Offer Hints' of Strategy Against Donald Trump
(DBN)

Judge Cannon rejects bid by pro-Trump AGs to weigh in on Jack Smith gag order demand
(DBN)

‘Not at All What Bannon Was Hoping For’: Ex-Trump Adviser Will Reportedly Serve Prison Sentence Alongside Violent Criminals – and May End Up at Rikers Bannon to serve term in prison that inspired 'Orange is the New Black': report
(DBN)

'Reasons to be very concerned': Judge ends hearing with ominous words for Rudy Giuliani Pressure Grows on Giuliani Over Incomplete Bankruptcy Filings Bankruptcy judge weighs stripping Giuliani’s control of his finances More Problems for Rudy Giuliani After Fiery Bankruptcy Hearing Giuliani faces angry judge and creditors seeking accurate account of his finances Judge slams bankrupt Giuliani for ‘troubling fact’ that he can’t keep an accountant Rudy Giuliani Makes Urgent Bankruptcy Extension Request
(DBN)

Trump Claims Sacred Right To Call In Troll Storms On FBI Agents
(DBN)

The System Isn’t Built for Jan. 6, and Neither Are We
(DBN)

Georgia race is latest test for GOP over Jan. 6 candidates
(DBN)

Hunter Biden files motion for new trial in federal gun case — then mysteriously cancels it seconds later
(DBN)

GOP Rep says House sergeant-at-arms should take Garland into custody
(DBN)

U.S. faces "serious threat" of terror attack, expert and former CIA chief warn
(DBN)

Biden to Give Legal Protections to Undocumented Spouses of U.S. Citizens Biden moves to help half a million undocumented people married to citizens Biden issues massive immigration relief, seeking balance after border crackdown Republicans Handed New Immigration Legal Loss Greg Abbott Stops Busing Migrants to 3 Cities
(DBN)

Senate Democrat: Supreme Court 'readying to fundamentally rewrite' Second Amendment
(DBN)

George Norcross, Democratic Power Broker, Is Charged With Racketeering New Jersey AG charges Democratic power broker George Norcross in bombshell indictment Who Is George Norcross? An ‘atomic bomb’ just fell on one of America's most powerful party bosses New Jersey’s top political boss stared down the AG at press conference announcing his indictment
(DBN)

9 people hurt in Indianapolis stabbings outside strip mall
(DBN)

Senate Dems line up behind Heinrich, Schumer's bump stock ban
(DBN)

Bump Stock Ruling May Presage Loper—and Clearer Answers to Immigration and Bankruptcy Questions
(DBN)

Why the Covenant School Shooter’s Writings Have Not Yet Been Released
(DBN)

Biden’s Title IX rule blocked by judge in 6 additional states 'What Is the Driving Force Behind a Change to Such a Successful and Inclusive Rule?': Federal Judge Blocks New Title IX Rules in Some States
(DBN)

Maxine Waters tells judge of 'nightmares' after Texas man threatened to cut her throat Texas man sentenced for threatening calls to Rep. Maxine Waters
(DBN)

Secret Service member robbed at gunpoint during Biden’s trip to California
(DBN)

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Judges:

A retired federal judge says Judge Cannon appears to show 'favoritism' toward Trump
(DBN)

Texas Court to Delay Transfers of Cases Out of Fifth Circuit
(DBN)

The secret recording of Alito reveals something — but not about Alito
(DBN)

The greatest nothingburger: Rolling Stone’s hilarious Alito ‘scoop’
(DBN)

Joe Biden Calls Out Samuel Alito's Upside-Down Flag-Flying Shenanigans During Campaign Event Samuel Alito's Whole 'Christian Theocracy' Thing Is A Real Problem For Jewish Senators
(DBN)

Judge who cut bail for man linked to later fatal arson had cited his right to counsel
(DBN)

Are More Federal Judgeships on the Horizon?
(DBN)

North Carolina Supreme Court Secretly Squashed Discipline of Two GOP Judges Who Admitted to Violating Judicial Code
(DBN)

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Wall Street:

 

Wall Street stocks end at fresh records
(DBN)

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Layoffs:

 

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Newspapers:

Washington Post reporters probe their own bosses amid newsroom uproar Billionaires, Secrets, Zegnas: Will Lewis’ Thirst for Power New 'Washington Post' chiefs can’t shake their past in London
(DBN)

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Politics:

Fox’s Howie Kurtz Criticizes ‘Misleading’ Coverage Of Biden Cheapfake Video — Including Fox News
(DBN)

Donald Trump's Fortunes Reversed in Two Battleground States
(DBN)

What Donald Trump Learned From Don King
(DBN)

MAGA civil war reaches climax in Bob Good primary
(DBN)

Top Trump VP contender wants to deport 20 million people
(DBN)

James Carville Says He Wouldn’t Bet on Trump Appearing at Next Week’s Debate: ‘If You Gave Me Even Money, I’d Say He’s a No-Show’ Trump ramps up debate prep: ‘Policy discussions’ instead of mock debate
(DBN)

J.D. Vance for Trump's VP? Here are the pros and cons of the 8 candidates on his shortlist
(DBN)

21 percent of independents less likely to back Trump: Poll
(DBN)

Black Farmers in Georgia Cool to Biden, Reflecting a Bigger Challenge
(DBN)

Republicans now want to rename the oceans after Donald Trump
(DBN)

How Crypto Money Is Poised to Influence the Election
(DBN)

Paper caper: Red state voting ballots aren’t what Republicans expected
(DBN)

Mike Lindell claims he tried to 'get arrested' for Jan. 6 — even though he wasn't there
(DBN)

'Civil War primary': Rift over controversial Trump snub threatens to tear MAGA apart
(DBN)

House Republicans say they 'desperately need a place to smoke cigars'
(DBN)

Birth control, IVF and SCOTUS: Democrats target GOP vulnerabilities
(DBN)

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Vitamins:

Care/of is shutting down
(DBN)

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Personal Finance:

My neighbors expect me to pay for half of the garden between our homes. How do I get them to stop asking?
(DBN)

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Mining:

Nevada Copper Provides Update on Chapter 11 Bankruptcy Process and Management Appointments Nevada Copper initiates sales process amid Chapter 11 bankruptcy
(DBN)

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Furniture:

Struggling furniture chain files Chapter 11 bankruptcy
(DBN)

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Economy:

Commutes are getting longer as hybrid workers make trade-offs
(DBN)

How immigrants are helping to keep job growth hot while inflation cools
(DBN)

Goldman Sees US Jobs at Inflection Point, Sticks to Two Cut Call
(DBN)

Global rate-cut juggernaut is struggling to start
(DBN)

The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says
(DBN)

California's Exodus Could Get Even Worse
(DBN)

Elizabeth Warren warns Dems to stand firm on tax hikes as fight looms over Trump-era cuts
(DBN)

Universal Income: Texas Plan To Give People $9,000 Stopped by Supreme Court
(DBN)

Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn Trump’s Tariff Is a Scheme to Shift the Tax Burden to the Non-Rich
(DBN)

From ALICEs to geriatric millennials: Your complete guide to America's weird new tribes
(DBN)

'I Live in Hell': Anti-Growth Fervor Grips US South After Pandemic Boom
(DBN)

Firms Lure Workers Back to Office With Promise of Their Own Desk
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Rent Increases for 1 Million N.Y.C. Apartments Likely to Be Approved
(DBN)

Economist: Austin rent decline gives clues about home price direction
(DBN)

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Oil/Gas:

Texas producing fossil fuels at record levels amid heat wave
(DBN)

States sue US to block rule that oil firms guarantee payment to dismantle old wells
(DBN)

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Autos:

Fisker Group Inc. Files for Chapter 11 It's Game Over for Fisker: The Embattled EV Startup Files for Bankruptcy, Sells All Assets Troubled Electric Vehicle Maker Fisker Files for Bankruptcy Fisker files for U.S. bankruptcy after cash burn, quality issues with Ocean crossover EV startup files for bankruptcy U.S. electric vehicle maker Fisker files for bankruptcy Fisker goes bust, plans to sell off assets Troubled EV Startup Fisker Files For Bankruptcy, Joining Lordstown And Arrival: Elon Musk Says 'Default State Of A Car Company Is Dead' EV startup Fisker files for bankruptcy, second Henrik Fisker car company to do so
(DBN)

Nvidia Beware: Bankruptcy at Tesla Rival Fisker Highlights This Risk for Chip Makers. And 4 Other Things to Know Today.
(DBN)

As Fisker Goes Under, Is Lucid Next?
(DBN)

Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says
(DBN)

Tesla Has a Trade-In Problem. It’s Going to Last Awhile.
(DBN)

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Retailing:

Express, Bonobos bought out of bankruptcy for $174M Bankruptcy judge approves sale of Express Inc to group led by WHP Global
(DBN)

JPMorgan says Big Lots’ struggles could benefit this closeout-retail rival
(DBN)

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Travel:

Travel agents are back
(DBN)

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Tech:

Court will hear challenges to TikTok ban on Sept. 16
(DBN)

Adobe steered consumers to pricey services and made it hard to cancel, feds say
(DBN)

Global audiences suspicious of AI-powered newsrooms, report finds
(DBN)

Generative AI could power the next wave of self-driving cars
(DBN)

McDonald's kills AI drive-thru ordering after snafus
(DBN)

Leading chatbots are spreading Russian propaganda
(DBN)

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Entertainment:

'Unprecedented time': Hollywood slowdown brings peril for talent agencies, managers
(DBN)

How is Paramount still alive
(DBN)

Ailing Redbox Owner Chicken Soup For The Soul Entertainment Removes Entire Board Of Directors Except For Chairman And CEO Bill Rouhana
(DBN)

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Gig Economy:

Uber and Lyft are fighting minimum wage laws. But in this state, the drivers won
(DBN)

How home swapping became the trendy alternative to Airbnb
(DBN)

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Climate:

Wildfires across California spread as hot, gusty winds hit Monday Homes now threatened as LA wildfire grows to 15,000 acres and 1,200 are evacuated
(DBN)

Evacuations ordered in New Mexico village due to fast-moving wildfire
(DBN)

Air quality hit as 20 large fires burn across western U.S.
(DBN)

Extreme temperatures are coming this week to cities that haven’t seen heat like it in three decades What makes U.S. heat wave so dangerous
(DBN)

First tropical storm watch of hurricane season issued as storm takes shape
(DBN)

China’s Surge in Solar and Hydro Point to Early Carbon Peak
(DBN)

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Food/Beverage:

A Regional Chain Known For Its Thick Burgers Is Filing For Bankruptcy
(DBN)

'Devastating to businesses': Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow
(DBN)

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Healthcare:

Steward Health Care executives are mired in trouble at home. In Malta, it’s much worse.
(DBN)

Majority of Americans favor forgiving medical debt, AP-NORC poll finds
(DBN)

Uninsured Americans Dropped by One-Quarter Over Five Years
(DBN)

U.S. surgeon general wants mental health warning label on social media
(DBN)

Texas surgeon charged with obtaining personal information of pediatric patients
(DBN)

Half of U.S. military bases in the country are in 'health care deserts'
(DBN)

State Department freezes new visas for foreign nurses
(DBN)

A Bird-Flu Pandemic in People? Here’s What It Might Look Like U.S. faces mounting criticism over bird flu response
(DBN)

Even Doctors Like Me Are Falling Into This Medical Bill Trap
(DBN)

Staff at Amazon's One Medical miss urgent issues like blood pressure spikes and clots, according to new report
(DBN)

Few Medicare patients get opioid treatment after overdose
(DBN)

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History:

Mexico was a destination for escaped slaves — one woman risked everything to get them there
(DBN)

A Proud Texan Reckons With Her State’s Complicated Past
(DBN)

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Sports:

Texas A&M fans kicked out of stadium after taunting Florida coach over double-murder and suicide involving batboy
(DBN)

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Rail:

BNSF Railway ordered to pay Washington tribe nearly $400 million for trespassing with oil trains
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11/9/12/15 Adversary Proceeding Filings (18 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says
(DBN)

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Mass Torts:

Attorneys for Future Talc Claimants File Medical Monitoring Class Action Against J&J J&J Talc Users Want Cancer Monitoring Even If It Cost Billions
(DBN)

J&J’s Talc Litigation Saga Gets Attorney-Client Privilege Twist
(DBN)

Alex Jones’ Infowars survived a judge’s order, but the conspiracy outlet could still be shut down
(DBN)

Insurer’s Supreme Court win may draw out bankruptcy settlements
(DBN)

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Awards:

The 2024 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers
(DBN)

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Aviation:

Boeing likely put questionable parts in planes and hid them from regulators, new whistleblower alleges Boeing Lost Track of Up to 400 Bad 737 Parts, Whistleblower Says
(DBN)

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Education:

LAUSD, fed up with kids distracted by social media, to consider cellphone ban
(DBN)

The professors turned p--- stars
(DBN)

California May Ban Legacy Admissions at Universities
(DBN)

New dean at Columbia Law brings free expression experience
(DBN)

Columbia prof told students not to watch mainstream media because ‘it is owned by Jews’: report
(DBN)

131 college scholarships put on hold or modified due to Texas DEI ban, documents show
(DBN)

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Media:

Newsmax Lost $42 Million Last Year. Can an IPO Save The Network From Death By Dominion?
(DBN)

70% of Unionized Daily Beast Staffers Take Buyouts as Layoffs Loom
(DBN)

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Banking:

Citigroup facing new regulatory knock on its living will, source says
(DBN)

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Crypto:

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
(DBN)

Crypto Exchange with Concentrated Loans in Alameda Research Reaches 8-Figure Settlement
(DBN)

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Sports:

Comcast Has Reportedly Ended Talks with Bally Sports, Forcing An Emergency Bankruptcy Court Hearing Today
(DBN)

"it Is a Mess. He Has Lost Everything, Absolutely Everything" - Sir Bradley Wiggins Homeless After Filing for Bankruptcy
(DBN)

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Utilities:

A Court Just Restored $8.5 Billion in Claims in This Massive Bankruptcy Case
(DBN)

Puerto Rico Board Seeks Hearing to Revise Utility’s Debt Plan
(DBN)

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Tax:

IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy
(DBN)

Vulnerable Dems press Schumer for pre-election tax vote
(DBN)

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UK:

Individual Insolvency Statistics, May 2024
(DBN)

London could become the European capital of state-owned asset seizure
(DBN)

Tories brace for brutal civil war
(DBN)

Conservatives Plumb Fresh Depths, Poll of Polls Shows
(DBN)

BOE Losses on QE Over Three Times Greater Than Fed, Analyst Says
(DBN)

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EU:

British tourists may face ‘lie detector’ tests when trying to enter EU
(DBN)

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China:

China's Xi accused the US of trying to trick him into invading Taiwan, but said he won't take the bait, report says
(DBN)

China now has 500 warheads and is building its nuclear arsenal faster than any other country, think tank says
(DBN)

China's broken recovery: New data shows drag on its economy
(DBN)

China pursuing ‘significant’ expansion of nuclear arsenal, report says
(DBN)

China places timers above toilets at key tourist site
(DBN)

China's Massive Military Buildup Is Worrying Americans
(DBN)

China’s 10-Year Bond Futures See Record Close
(DBN)

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Russia:

A Russian soldier says his unit was almost wiped out by Ukrainian fire and drones, with half killed on their first night in Kharkiv
(DBN)

Putin to Visit North Korea, a Newly Crucial Ally as Ukraine War Drags On In Need of Munitions, Putin to Visit North Korea
(DBN)

Vlad’s online bot army spewing fake quotes from Lionel Messi, Jennifer Aniston & other celebs in new propaganda campaign
(DBN)

Blast Shelters and Radar Jamming: A Russian City Adapts to War
(DBN)

'If we stop, we die': Ukraine's struggling soldiers emboldened by renewed U.S. support
(DBN)

Fewer Ukrainians Oppose Compromises in Talks with Russia, Survey Shows
(DBN)

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MENA:

‘A Hellscape’: Dire Conditions in Gaza Leave a Multitude of Amputees
(DBN)

China Is Waging a Proxy War on Israel
(DBN)

Gaza reporter who harbored Israeli hostages at his home wrote for US-based The Palestine Chronicle
(DBN)

After Delay, Top Democrats in Congress Sign Off on Sale of F-15 Jets to Israel
(DBN)

Israeli military knew how Hamas planned to take hostages weeks before October 7: report
(DBN)

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Germany:

The Germans are worshipping the God of War once more
(DBN)

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France:

Forget the far right. It’s the left that may squeeze Macron out of power France's far right seeks majority in snap poll Le Pen’s Party Says It Needs Absolute Majority to Govern France
(DBN)

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Mexico:

Mayor-elect pulled off bus and assassinated near resort city of Acapulco
(DBN)

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Australia:

RBA Seen Holding Key Rate at 12-Year High as Inflation Stays Hot
(DBN)

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India:

Landmark Supreme Court ruling clarifies set-offs under the Insolvency and Bankruptcy Code (IBC)
(DBN)

Changing Landscape Of Insolvency Resolution In India
(DBN)

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