September 16, 2024

The Daily Bankruptcy News

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Law:

Top Biglaw Firm Closing 3 Offices, Laying Off Attorneys And Staff
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The 15 Most Expensive Law Schools (2023-2024)
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Pashman Stein Walder Hayden P.C. Welcomes Bankruptcy, Restructuring & Creditors’ Rights Partner Leah M. Eisenberg, and Associates David E. Sklar and Dwij Patel
(DBN)

Government Says It May Drop Charges Against Thomas Girardi
(DBN)

One Of America's Most Consequential Lawyers Officially Endorses Kamala Harris For President
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Winning Business With Legal Tech: Pitching Tips For Law Firms
(DBN)

Trump Loses Appeal to Block Sentencing
(DBN)

Felonious Former President Has A Mixed Day In Three Courts
(DBN)

Alina Habba Gets Her Own Hush Money Agreement
(DBN)

Smartmatic’s suit against Newsmax over 2020 election reporting appears headed for trial
(DBN)

Judge strikes down North Dakota’s ban on abortion
(DBN)

TX: Far Right Wants to End Out of State Abortions
(DBN)

Ninth Circuit: No Immunity For Officer Who Shot Peaceful Protester In The Groin
(DBN)

NYC’s chief legal counsel steps down from Adams’ office week after FBI raids homes of mayor’s top aides, top cop’s resignation What a Mayor in Crisis Means for New York City New York City Mayor Eric Adams’s administration is in chaos as federal probes target his inner circle
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Officer in Tyreek Hill’s detainment had 6 suspensions and numerous reprimands, records show
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Mountain state's fears over unexplained surge in unnatural deaths - with accidents, murders and suicide 'through the roof'
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A Minnesota man gets 33 years for fatally stabbing his wife during Bible study
(DBN)

NC Waffle House employee shot dead by hangry customer: police
(DBN)

Justin Timberlake Pleads Guilty to Lesser Charge
(DBN)

Their protest stopped traffic for 4 days. Now they’re in prison for 4 years
(DBN)

4 shot at Brooklyn train station when officers open fire at knife-wielding man
(DBN)

Murdoch family succession battle will remain confidential, judge rules Why the Murdoch family is secretly battling over succession in an obscure Nevada court
(DBN)

Bryan Kohberger moved to Boise ahead of Idaho college murder trial
(DBN)

Elon Musk’s Secret Effort to Oust a Soros-Backed Prosecutor - WSJ
(DBN)

Dark web expert warned Columbus, Ohio, a hack was bigger than mayor said. The city is suing him
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Judge frees Colorado paramedic convicted in death of Elijah McClain from prison
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Man in handcuffs flees courthouse
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Louis Vuitton Sued for Allegedly Banning Customers for 'Shopping While Black'
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Judges:

Honorable Michele Kim Named Chief Judge of Southern District GA Bankruptcy Court
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Most Americans back term limits for Supreme Court: poll Poll: Americans favor Supreme Court term limits, oppose more justices
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How Roberts Shaped Trump’s Supreme Court Winning Streak
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Liz Cheney Blocked Jan. 6 Probe of Ginni Thomas
(DBN)

Congress asked to weigh impeaching ex-judge for alleged sexual misconduct
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The princess and the judge: Samuel Alito’s ties to a German aristocrat who defends the far right
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Wall Street:

Stock futures are little changed as investors await major Fed decision Global stocks are mixed as data show China's economy slowing further
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S&P 500 rallies back to old highs, setting up Fed meeting to be make or break moment
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S&P 500 notches 5-day streak of gains ahead of Fed meeting
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Wall Street Refuses to Kick Risk Addiction in Big Bet on the Fed
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Single-Stock ETF Boom Intensifies With 18 Bets on Overseas Firms
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The stock market risks keeping Wall Street's biggest bulls up at night
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Trump and Harris Platforms Both Negative for Stocks, Citi Says
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Wall Street Strategists Say US Economy Tops Fed for Stock Rally
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Layoffs:

Charles River Labs to lay off 650 employees
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Sibanye Stillwater plans 680 layoffs at Montana operations
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Verizon to eliminate almost 5,000 employees in nearly $2 billion cost-cutting move
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Tech:

Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X after taking fines Elon's Brazilian Corporate Law Surprise
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Sam Altman may be in his villain era, but no one seems to care
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'We're only in 1996': Why the AI boom is still in its earliest days, according to Bank of America
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We asked OpenAI's new o1 model what it thought about its own name. It didn't hold back.
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The new followup to ChatGPT is scarily good at deception
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This is the breakthrough that may lead to superhuman AI
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Trump Can Only Watch as His Media Stake Takes $4 Billion Dive Trump Media Shares Soar After Trump Says ‘I’m Not Selling’ Trump lashes out at Nasdaq over routine trading halt of Truth Social Trump is days away from being able to dump his Trump Media stock for a massive payday
(DBN)

Twitter flies off to Austin
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Data centers set to spike U.S. electricity demand Tech giants fight plan to make them pay more for electric grid upgrades Data Center Emissions Likely 662% Higher Than Big Tech Claims AI Boom Is Driving a Surprise Resurgence of US Gas-Fired Power
(DBN)

JPMorgan Chase to equip 140K workers with genAI tool
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Google dodged a jury trial in its big adtech case with a $2,289,751 check
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TikTok says it's not spreading Chinese propaganda. The U.S. says there's a real risk. What's the truth?
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Healthcare:

Murphy: Prospect Medical is 'making a disgusting fortune' at patients' expense
(DBN)

When he couldn't pay for cancer treatment, the hospital sued
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Trump Aide Says ‘Bleeding Out’ Due to Abortion Bans Is Not Real. She Lived It: ‘I’m Right Here, Jerk’
(DBN)

‘That’s Something That You Won’t Recover From as a Doctor’
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Beware 'deepfakes' of famous doctors promoting scams: experts
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Arkansas’ gov says Medicaid extension for new moms isn’t needed. Advisers disagree
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Retailing:

I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
(DBN)

Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
(DBN)

Home Depot to pay almost $2 million for false advertising, unfair competition
(DBN)

America’s stores are winning the war on shoplifting
(DBN)

A&G to Sell 296 Big Lots Store Leases in Connection with Bankruptcy Proceedings
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Personal Finance:

The 'Shark Tank' star Kevin O'Leary warns couples not to combine finances: 'I don't care how in love you are'
(DBN)

A millennial moved to the Netherlands from Texas and traded a 6-day workweek for a 4-day one. He earns less but says he is happier.
(DBN)

'Living death' was my dad's nickname for office work. Now I'm in my 40s — and I can see why.
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A boomer lives on $1,768 monthly Social Security and says she's a few hundred dollars away from losing access to necessities
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Sports:

NFL’s Private Equity Deals Begin With Dolphins, Chargers Talks
(DBN)

WNBA commissioner's quote exposes tensions behind league's rapid rise
(DBN)

TikToker’s death after running scorching Disneyland half marathon comes as heat-related fatalities soar in US
(DBN)

Get out your old antenna, sports fans. Chicago Sports Network to launch Oct. 1 on DirecTV and free TV.
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Healthcare:

How hospitals are preparing for ransomware attacks
(DBN)

Bomb Threats Lock Down Hospitals In Springfield, Ohio, at Center of Trump Pet-Eating Rants
(DBN)

Hollywood Struggles With Ozempic Shame: Why Hardly Anyone Admits to Taking the Trendy Weight-Loss Drug
(DBN)

Therapy Can Be a Financial Burden. Try Telling Your Therapist That.
(DBN)

FDA OKs Some Apple AirPods for Hearing Aids
(DBN)

Keto warning: Low-carb, high-fat diets significantly boost diabetes risk
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DIY medicine draws frustrated patients to online forums
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Food/Beverage:

BurgerFi International blames rising costs for its bankruptcy filing
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Commercial real estate and the restaurant industry: Two spaces hit hard by current economic trends
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Why Are All These Pizza Chain Restaurants Filing For Bankruptcy?
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Mary’s Pizza Shack joins the growing list of chain restaurant bankruptcies in 2024
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Boar's Head to Close Troubled Plant Indefinitely
(DBN)

Black-Owned Coffee Chain In Oakland Files For Bankruptcy Amid Multiple Lawsuits
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I went to Red Lobster and saw why the chain has struggled — and what it could change
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Beloved Chain Restaurants That Are Making a Comeback After Filing for Bankruptcy
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Climate:

A polluting, coal-fired power plant found the key to solving America’s biggest clean energy challenge
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Los Angeles Wildfires Slow
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Extreme Weather to Hit 70% of Humans by 2044
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The remarkable reason why these bugs are seeking out devastating wildfires
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Central, Eastern Europe Prepare for Worst Flooding in Decades Pictures show floods ravaging Central and Eastern Europe as death toll rises Flood Death Toll Rises in Europe as More Heavy Rain Forecast
(DBN)

Typhoon Bebinca lashes Shanghai in strongest storm to hit city since 1949
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COP29 to Call for Sixfold Increase in Global Energy Storage
(DBN)

Hawaii Probe Finds No Single Factor Led to Maui Wildfire Losses
(DBN)

World’s Poor Nations Need $500 Billion of Climate Cash Per Year
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Surviving a Climate Disaster Isn’t Likely to Change How You Vote
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Education:

Philadelphia College Files Bankruptcy After Shock Closure UArts files for bankruptcy after Temple merger talks collapse UArts has filed for Chapter 7 bankruptcy to liquidate its assets
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The impact of the Supreme Court’s reversal of affirmative action, explained in one chart
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What happens in Disney stays in Disney: NYC educrats took own kids to Magic Kingdom on trips meant for homeless students
(DBN)

Why schools are ripping up playgrounds across the U.S.
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As families searched, a Texas medical school cut up their loved ones
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Steel:

US Steel Surges on Report Decision May Come After Election
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China’s Steel Crisis Sends August Output to Lowest Since 2017
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Crypto:

Sam Bankman-Fried Seeks New Trial, Blaming Federal Judge for Ridiculing Him Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial
(DBN)

Bitcoin network hits record level of power, but falling profits push miners to AI
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Gambling:

US Election Betting Again on Hold as CFTC Seeks to Block Kalshi
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Convenience Stores:

Joseph Blake Smith Denies $624K Loan Signature in SQRL Bankruptcy Hearing
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Economy:

World Braces for Fed Easing Amid 36-Hour Rate Rollercoaster
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Americans Are Falling Behind on Their Bills. Wall Street Is Alarmed - WSJ
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FOMC Preview: Fed to Cut Rates
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Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans The Fed is finally about to cut interest rates. What took so long?
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Gold Climbs to Another Record With Fed Rate Cut Expected in Days
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Mapped: How far $100 goes in each US state
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US Consumer Sentiment Rises as Inflation Expectations Retreat Consumer Sentiment Up 40% Since 2020
(DBN)

Atlanta Fed chief violated trading rules, OIG finds
(DBN)

Americans are the richest they've ever been thanks to soaring real estate and stock prices
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5 warning signs the economy is spiraling toward recession — and why there's 'major disconnect' between stocks and the job market
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Q3 GDP Tracking: Mid 2% Range
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Why finding a job is so awful right now
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Rich Americans Prep Fail-Safe Estate Plans Ahead of Election
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6 Wall Street experts share why investors could be overestimating how much the Fed will cut rates after August's inflation report
(DBN)

Elon Musk's ideas about government efficiency are all wrong, political scientists say
(DBN)

Kamala Harris once again touts Goldman Sachs’ review of her economic plan – after firm’s CEO dismissed it Kamala Harris Gets Good News From Economists: New Survey
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Why Trump's trade hero turned away from tariffs
(DBN)

GOP plays blame game after funding bill failure 5 Republican factions to watch in the government funding fight Divided House GOP struggles to avoid a government shutdown All eyes on Speaker Johnson for next move on government funding Speaker Johnson navigates Trump and a narrow majority in government funding fight
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Why the conservative push to increase the birth rate looks doomed
(DBN)

CBO Lowers Expected Lifespan for Social Security
(DBN)

‘Go woke, go broke’ not true for brands, says global advertising study
(DBN)

America’s institutions retreat from activism
(DBN)

The Big Winners From Private Credit’s Boom Are Becoming Clear
(DBN)

Map Reveals the Nations Growing Faster Than the US
(DBN)

The illegal maneuvers the rich use to get richer
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US Debt Clock
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World Debt Clock
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Real Estate:

Mortgage rates reach new low for 2024 before expected Fed cut
(DBN)

Why people are souring on one of the country's hottest housing markets
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2nd Look at Local Housing Markets in August
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The states where rent is going up the fastest — and the slowest
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Part 1: Current State of the Housing Market; Overview for mid-September 2024
(DBN)

It looks like the commercial-real-estate market has finally bottomed out — and experts say it's time to invest
(DBN)

LeFever Mattson and dozens of associated corporations declare bankruptcy
(DBN)

Bankrupt Tacoma developer’s apartment property goes to lender in $5 million credit bid
(DBN)

Success Village hearing moved up as heating season nears for co-op’s Bridgeport, Stratford residents
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Municipalities:

There are 2 kinds of cities right now. It explains why you hate your downtown.
(DBN)

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Oil/Gas:

Gas prices could drop below $3 a gallon
(DBN)

Oil Net Short For First Time in History
(DBN)

Peak Oil: A Looming Threat to Economic Stability
(DBN)

Hedge Funds Have Never Been This Bearish on Brent Crude Before
(DBN)

Wall Street Sees Flaws in ‘Drill, Baby, Drill’ Trump Trade Logic
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Why No Major Oil Company Is Rushing To Drill Pakistan's Huge Oil Reserves
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Politics:

Trump safe after suspect in apparent assassination attempt is arrested; officials say he had AR-style rifle, scope and GoPro Trump golf club shooting: what we know so far about apparent assassination attempt Golf courses — in particular Trump’s — have long proved a difficult assignment for Secret Service Former president uninjured after shots fired in West Palm Beach Authorities release pictures of potential evidence taken from bushes near Trump’s golf course Florida investigating apparent assassination attempt on Trump, DeSantis says Gunman 'armed with assault rifle' 400 yards away Suspect arrested for Trump assassination attempt in Florida In 2023 interview, alleged Trump plotter decried Ukrainian obstacles for foreign soldiers Man detained in Trump assassination attempt went on social media to weigh in on politics Man in custody after Trump golf club incident was once convicted of possessing a machine gun What we know about the suspect in the Trump golf club shooting incident Trump shooting task force seeks briefing on new assassination attempt "We live in danger times": Secret Service after Trump apparent assassination attempt Suspected Trump Gunman Had Criminal Record Conspiracy theories abound on Chinese social media after second apparent attempt on Trump’s life Trump shooting incident sparks bipartisan push to boost his security Top Republicans and Democrats react to apparent assassination attempt on Trump Harris expresses relief Trump safe after gunshots
(DBN)

Control of House heads toward another cliffhanger election
(DBN)

Raskin plots House Dems’ 2025 probes
(DBN)

Cook Political Predicts Senate Goes to GOP
(DBN)

Trump and Harris voters have a big confidence gap in electoral system: poll
(DBN)

Too much? Many Americans feel the need to limit their political news, AP-NORC/USAFacts poll finds
(DBN)

Trump's debate fumble let Harris redefine the race Trump loses 'Electric Avenue' lawsuit as judge finds he has zero defense for tweeting the song Trump's swing-state plan targets "sometimes" voters The Trump campaign's big bet on a new GOTV strategy worries some Republicans Think of Donald Trump as Robin Hood in reverse Trump Adopts Strong-Arm Approach to a Second Term - WSJ Why these 7 Republican senators still aren’t endorsing Trump Trump threatens to withhold fire aid over political differences with Newsom Donald Trump Gets Positive Sign From 'Cookie Poll' in Critical Swing State Harris pulls closer to Trump in Iowa: Poll Trump’s own version of reality continues to confound political actors and observers The anti-abortion activist urging followers not to support Trump Democrats look to put Republicans in a bind on IVF ‘The Apprentice’ Producers Were Shocked by Trump’s ‘Musty Carpet’ Mary Trump on debate: Winners don’t ‘turn down’ the chance to ‘win again’ Maher predicts ‘it’s over’ for Trump Melania Trump Issues New 'Warning' About FBI Melania Doesn't Understand the Law Either Far-right activist Laura Loomer's access to Trump reveals a crisis in his campaign Trump Thanks Laura Loomer For Claiming She’s Single Because She Loves Him Too Much What to know about Laura Loomer, Trump's conspiracy theorist ally Laura Loomer, a Social-Media Instigator, Is Back at Trump’s Side Laura Loomer, Trump’s new favorite conspiracy theorist, explained Trump refuses to criticize Laura Loomer amid concerns from Republican allies about her influence Why Can’t Laura Loomer Own A Gun? Laura Loomer and Trump Sitting in a Tree, K-I-S-S-I-N-G When Laura Loomer said she would 'gladly' become Trump's press secretary Greene, Loomer get into back-and-forth over ‘racist’ Harris attack Trump allies worry his ties to far-right activist Laura Loomer could cost him Georgia and North Carolina Loomer Rages After Bill Maher Suggests She's Having an Affair With Trump Tillis, Graham, Greene unite against Loomer’s comments Trump ally Laura Loomer called herself ‘white advocate’, audio reveals Trump praises ‘terrific’ white supremacist conspiracy theorist Laura Loomer and Neo-Nazi Nick Fuentes Toast to ‘the Hostile Takeover of the Republican Party’
(DBN)

JD Vance says it would be 'very hard' for Trump to win without North Carolina JD Vance's childcare plan ticked off some parents and grandparents. There's a way to fix it J.D. Vance hints at tension between him and Donald Trump: 'I've learned my lesson' ‘If I Have to Create Stories…’ JD Vance Defends Pushing Baseless Migrant Pet Eating Smear in Jaw-Dropping, Trainwreck CNN Interview ‘Remarkable Confession!’ JD Vance Absolutely Floors Observers With Comment That He’s Been ‘Creating’ Stories About Migrant Pet Eating 'I don't like those comments': Vance responds to Laura Loomer's attack on Harris' Indian heritage
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North Carolina and Georgia shift toward toss-up status for Harris
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Ex-RNC Chair Tells MAGA to 'Shut the Hell Up' With Taylor Swift Criticism Donald Trump Rages at Taylor Swift After Singer Endorses Kamala Harris: ‘I Hate Taylor Swift!’ JD Vance responds to Taylor Swift, flunks test of self-awareness Liz Cheney references Taylor Swift song in response to Trump posting he hates her Harris campaign mocks Trump after his ‘I hate Taylor Swift’ post Taylor Swift endorsed Kamala Harris for president. Donald Trump can't shake it off.
(DBN)

Harris is promoting her resume and her goals rather than race as she courts Black voters What Undecided Voters Might Be Thinking After debate, Harris surges to 5-point lead among registered voters Trump's Iowa lead shrinks significantly as Kamala Harris replaces Biden, Iowa Poll shows Kamala Harris Leads Donald Trump In Six Post-Debate National Polls Kamala Harris' Surprisingly Strong Polling in State Dems Lost for 60 Years Harris campaign targets Latinos in boxing and baseball ad blitz Harris sits for first solo interview as nominee Warren warns of ‘profoundly serious consequences’ of a Trump victory Harris organizer objects to subpoena from Republican House Judiciary Committee Chair Jordan FactCheck: Harris campaign social media account has repeatedly deceived with misleading edits and captions Pete Buttigieg defends Kamala Harris over flip-flops on issues like fracking, health care Inside Harris' strategy for shaping her personal story "¿Y que?" Latinos in Arizona and Nevada lean to Harris but want more Black women in entertainment leverage their power to back Harris Over half of Americans say Harris won debate against Trump: Poll
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Pope Francis: U.S. presidential election a choice between ‘the lesser evil’ Pope Francis says both Trump and Harris are "against life"
(DBN)

Trump’s Lie Is Another Test for Christian America
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Don Jr. Piles On With Racist Comments About Haitians Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants Ohio Gov. Mike DeWine says baseless claims about Haitian immigrants are 'garbage' Ohio's Republican governor is fed up with lies about pet-eating in Springfield: 'This discussion just has to stop' Trump says he would deport Haitian migrants in Springfield, Ohio, "back to Venezuela"??? ‘Clearly chicken you weirdo’: People respond to JD Vance sharing video he claims shows migrants grilling cats JD Vance defends amplifying false claims about immigrants, saying "you're never going to get this stuff perfect" Vance, Bash get into heated back-and-forth over Springfield Now Vance Says They're Eating Pets in Dayton Ohio police dispute new allegations immigrants are eating pets in Dayton Why Thousands of Haitians Have Settled in Springfield, Ohio 'It just exploded': Springfield woman claims she never meant to spark false rumors about Haitians Woman whose post ignited false Springfield cat claim says it was based on rumor The twisted political logic behind Trump’s attacks on Haitian immigrant FBI examining threats targeting Haitians at Springfield, Ohio, college Most Republicans Think Trump's 'Eating the Pets' Debate Remarks Are 'Weird' John Legend, a Springfield, Ohio native, denounces false claims about migrants and pets, asks grace for our "Haitian brothers and sisters" In Springfield, Ohio, Threats Leave Haitian Residents Shaken How AI images of cats and ducks powered the pet-eating rumor mill For Haitians, disparaging tropes are an opportunity to share 'the beauty of our country and people' Life feels darker in Springfield, Ohio, since Trump made it his wildest debate talking point, locals say Even Fox News Knows Haitian Story Isn't True Ad launched in swing New York district highlighting Trump's lie about Haitian immigrants Before Trump, neo-Nazis pushed false claims about Haitians as part of hate campaign Ohio town at center of GOP pet-eating conspiracy has multiple school evacuations More threats in Springfield, Ohio: 'We need help, not hate,' mayor says Haitians in Ohio find solidarity at church after chaotic week of false pet-eating claims Ohio officials reveal why man in viral photo was holding two geese
(DBN)

House Republicans break with Trump in vow to accept 2024 results
(DBN)

The Right Is Defending the Nazis -- Again
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Democrats build momentum in Texas Senate race
(DBN)

Stormy Daniels fears Donald Trump will have her tried for treason if he wins election
(DBN)

It was ‘tough on China’ week in Congress, one of the few issues both parties agree on
(DBN)

RFK Jr. says he is being investigated for collecting whale specimen
(DBN)

GOP efforts to crack down on noncitizen voting extend to state ballot measures
(DBN)

Advocacy groups sue Alabama over voter roll purge
(DBN)

GOP Lawmaker: Make It Hard to Vote & We Win
(DBN)

Pennsylvania court reverses ruling allowing misdated mail-in ballots
(DBN)

3 Georgia Women, Caught Up in a Flood of Suspicion About Voting
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Republicans sued three battleground states this week. Here’s what you need to know
(DBN)

Former National Security Advisor H.R. McMaster adds to UFO speculation
(DBN)

Lynda Carter’s Sister Is Running in a Key Arizona Race. Wonder Woman Is Sounding the Alarm.
(DBN)

Microsoft's Ballmer: Arm the Public with Facts
(DBN)

The first graders who survived Sandy Hook will vote in their first presidential election
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Auto Racing:

IndyCar’s Nashville Race Faces Bankruptcy; Venue Change Saves Event
(DBN)

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Student Debt:

Navient accepts US student loan ban, pays $120 million in CFPB settlement
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Advertising:

Digital Media Solutions Files for Chapter 11 Bankruptcy
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Tourism:

How a Tourist Paradise Became a Drug-Trafficking Magnet
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Insurance:

State Farm’s ‘unprecedented’ rate request in California gives new insight into plans to avoid insolvency
(DBN)


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Radio:

Lake Tahoe Properties Sold Following Bankruptcy Filing
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Maritime:

Executives indicted for allegedly plotting South Korean shipyard's bankruptcy
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Agribusiness:

US Soy Is So Cheap That Even Rival Argentina Is Buying It
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Ride Hailing:

Uber, Waymo Expand Driverless Rides to Austin, Atlanta
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"Self-Driving" Cars Have a Dirty Secret
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Looming Insurance Crisis Threatens Taxis and Ubers in New York City
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (15 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Statistics:

The States With the Most Personal Debt in 2024
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Cross-Border:

Byju’s Bankruptcy Ruling in US Catches Indian Official Off Guard US Lenders Counter Byju's Claim on Debt, Says Edtech Obligated to Repay Full $ 1.2 billion Term Loan B
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Third Party Releases:

Terraform Bankruptcy Protections Draw Justice Department Rebuke
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Standing:

Creditors Have Standing to Bring Derivative Actions Against Delaware LLCs in Bankruptcy
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Assumption:

Ability to assume a contract over the objections of third party beneficiaries or counterparty that is not subject to U.S. personal jurisdiction.
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Subchapter V:

Date for Determining Subchapter V Eligibility
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Dismissal:

Delaware District Court sheds light on standards for dismissal of chapter 11 case based on bad faith
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Reclamation:

Whether Electricity is a "Good" Under 11 U.S.C. § 503(b)(9)
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Avoidance Actions:

Fraudulent Transfer In A Ponzi Scheme: A Mens Rea Requirement Of Actual Fraud? (Kirland v. Rund)
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Mass Torts:

New Orleans Catholic church offers $62.5m after abuse victims seek $1bn Archdiocese files Reorganization Plan in Bankruptcy Court
(DBN)

SF Archbishop responds to clergy abuse survivors in bankruptcy court
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Interest:

Interest Rate Determination Methods in Bankruptcy Chapters 11, 12, and 13
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Aviation:

Boeing workers strike after rejecting contract offer Why Boeing Workers are on Strike Strike delivers another blow to Boeing's turnaround effort Boeing Risks Being Cut to Junk as Strike Hurts Production
(DBN)

Why NASA is Sticking with Boeing
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Stranded Nasa astronauts break silence on 'disappointment' and make 'difficult' admission
(DBN)

The FAA has hit 'unruly' flyers with $20 million in fines since the pandemic — a huge increase compared to pre-2020
(DBN)

California man choked, attacked Frontier Airlines flight attendants after weekend at Disneyland, DOJ says
(DBN)

Air Canada reaches last-minute agreement with pilots union, averting strike
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Celebs:

Inside Elon Musk’s Mushrooming Security Apparatus
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Elon Musk's battle for free speech is getting expensive
(DBN)

How Elon Musk fumbled his purchase of Twitter — and apparently gave Grimes' baby name to his other child
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Autos:

Fisker Ocean Owners Continue To Suffer, They Must Now Pay for Recalls
(DBN)

Auto borrowers missing car payments is latest sign of consumer stress
(DBN)

Tesla's New Full Self Driving Failed
(DBN)

Jeep CEO enacts turnaround plan after significant sales declines
(DBN)

Why the European Union’s tariffs on Chinese automakers may not work
(DBN)

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Fraud:

BMO’s $564M Ponzi verdict tossed by appeals court
(DBN)

Ex-Jefferies Fund Manager Faces Criminal Probe of Alleged Fraud
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Entertainment:

White-Collar Workers Are Getting Squeezed. Even Oscar-Winning Producers.
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History:

Before There Was Kamala Harris...
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Trucking:

Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
(DBN)

It took 50,000 gallons of water to put out Tesla Semi fire in California, US agency says
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Religion:

Catholic Priest Is Indicted on Sexual Assault Charges
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Fitness:

Blink Fitness bankruptcy: PureGym makes $105M bid for NJ, NY gyms Blink Fitness bankruptcy filing: List of NY locations at risk of closing
(DBN)

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Sovereigns:

EM Junk Bonds Are Having the Best Year So Far Since 2016
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UK:

Debt 'rescue' boss slammed as firms told they could 'go bust without consequence'
(DBN)

Thames Water Hires Restructuring Expert to Restore Credit Rating
(DBN)

Why Scottish golf clubs should be fearful after Hirsel’s sudden closure
(DBN)

Harland and Wolff to go into administration What’s gone wrong at Harland & Wolff? Harland and Wolff: Titanic shipbuilder to enter administration as job losses loom
(DBN)

Insolvencies are returning to ‘pre-Covid norms’ in Scotland
(DBN)

____________

EU:

Europe’s Stock Leaders Are Fading in Bad Sign for Future Returns
(DBN)

EU Plans Sept. 25 Vote on Raising Tariffs on EVs From China
(DBN)

Barclays and Danske Say ECB Will Disappoint Market Rate-Cut Bets ECB to Almost Certainly Await December for Cut, Kazimir Says
(DBN)

Threatened Audi Plant Closure Sparks Broad Brussels Protest
(DBN)

____________

Canada:

Sudbury film’s insolvency ‘gives our fledgling industry a bad name’
(DBN)

____________

Russia:

NATO military committee chair, others back Ukraine’s use of long range weapons to hit Russia Putin threatens war as Western allies near deal on missile strikes in Russia Russia says response won’t ‘be pretty’ if Ukraine starts long-range strikes Russia’s Medvedev threatens to turn Kyiv into ‘giant melted spot’ Moscow threatens to ‘Melt’ Kyiv if Ukraine uses British missiles to strike Russia as Putin urged to detonate nuke bomb
(DBN)

Peace plan should not be imposed on Ukraine from the outside, US’s Sullivan says
(DBN)

DOJ shines a light on Russian use of conservative influencers
(DBN)

Alarm in UK and US over possible Iran-Russia nuclear deal Russia may have shared nuclear secrets with Iran in exchange for missiles
(DBN)

US Scrambles Fighter Jets To Intercept Russian Military Planes
(DBN)

Russia attempts to expel Ukraine from Kursk — but its focus remains elsewhere Ukraine Crushes Massive Russian Counteroffensive Operation In Kursk
(DBN)

US Is Securing More Air Defense for Ukraine, NSA Sullivan Says
(DBN)

N. Korean Weapons Sales to Russia Called Ukraine’s Biggest Worry
(DBN)

US hits Russian state media with sanctions for raising money for Moscow’s troops in Ukraine
(DBN)

Russia, Ukraine exchange 206 prisoners in second swap in two days Ukraine and Russia swap prisoners amid standoff over missile restrictions
(DBN)

Never mind the war, the French Riviera still loves oligarchs
(DBN)

NATO could have done more to avert Ukraine war: Stoltenberg
(DBN)

EU Eyes Sanctions Extension to Unlock $50 Billion in Ukraine Aid
(DBN)

Russia Signals More Tightening After Hiking Rate to 19%
(DBN)

Despite Relentless Russian Attack, Life in Kharkiv Endures Underground
(DBN)

____________

MENA:

Missile fired from Yemen lands in open area in central Israel and sets off air raid sirens Houthis say fired new hypersonic missile at Tel Aviv target Netanyahu: Israel to exact heavy price from Houthis for attack
(DBN)

Israel Markets Drop on Reports Netanyahu May Fire Defense Chief Israel Revises Down Second Quarter Growth as War Clouds Economy
(DBN)

Israeli airstrikes kill 14 people in Gaza
(DBN)

3 hostages were likely mistakenly killed in military airstrike, IDF investigation confirms
(DBN)

Tunnels under children's bedrooms and silent streets - Flattened city in Gaza
(DBN)

IDF ordered to prepare for military campaign in Lebanon
(DBN)

Iran says it successfully launched satellite with rocket that officials fear may advance ballistic missile program
(DBN)

____________

Venezuela:

Venezuela says it arrested 6 foreigners allegedly involved in a plot to kill President Maduro US rejects claims of CIA involvement in alleged plot to kill Maduro after Venezuela arrests six Venezuela says US Navy SEAL among foreigners arrested over alleged CIA ‘operation’ to assassinate Maduro 3 U.S. citizens, 2 Spaniards held over alleged plot to "destabilize" Venezuela
(DBN)

____________

Mexico:

After over a month of living in black sewage waters, residents of Mexico’s Chalco remain anxious
(DBN)

Mexican city of Culiacan is near a standstill over fears of cartel clashes
(DBN)

____________

Cuba:

Hundreds of thousands in Cuba without water
(DBN)

____________

China:

China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
(DBN)

Bond Trustee Appeals Court Dismissal of XJ’s Wind-Up Petition
(DBN)

Chinese Stock Traders Ponder Just How Bad the Economy Can Get
(DBN)

German warships ignored China's complaints and sailed through the Taiwan Strait for the first time in over 2 decades
(DBN)

Pets, sports, and Disney might end up rescuing China's ailing consumer economy
(DBN)

China frees American pastor after almost 20 years in detention
(DBN)

____________

Australia:

Australian Boomers Retiring With Less Than Half the Money Needed
(DBN)

____________

Peru:

Peru to Take Over Petroperu’s Remaining Debt Payments This Year
(DBN)

____________

France:

Why so many French teachers are calling it quits
(DBN)

____________

India:

Facing Himalayan Debt, Himachal Pradesh Rethinks Freebies
(DBN)

‘In our culture there is no place for a woman’: How India’s institutions are failing rape victims
(DBN)

____________

Hong Kong:

Man who wore ‘seditious’ T-shirt is first to be convicted under new Hong Kong law
(DBN)

____________

Netherlands:

Bankruptcies fell 18% in August compared to July, but bankruptcies up 40% this year
(DBN)

____________

Australia:

As more Australian builders go bust contractors and families are being left substantially out of pocket
(DBN)

Renowned insolvency expert Michael Makridakis joins Taylor David
(DBN)

____________


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