November 2, 2020

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Cravath Makes History In Diversity With Its New Partnership Class
(DBN)

Is It Over Yet? How The 2020 Election Is Politicizing, Stressing Out Legal Professionals
(DBN)

LeClairRyan bankruptcy trustee targets $10M management insurance policy in asset hunt
(DBN)

Up To The Witching Hour: The (Almost) Lost Halloween
(DBN)

Katten Names New Bankruptcy Partner
(DBN)

Trump Admin Refuses to Release 112 Records of Federal Agency's Correspondence with Mueller About Michael Flynn
(DBN)

This Lawyer (And Former Bachelorette Contestant) Says He Was Racially Profiled While Jogging
(DBN)

This One Factor Will Determine Winners And Losers In The New Legal World
(DBN)

There’s Nothing Spooky About The Law
(DBN)

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein Investor group says Apollo director overseeing Epstein review is not independent
(DBN)

Harvey Weinstein is sued by woman he was convicted of sexually assaulting
(DBN)

More Details From Mueller Investigation
(DBN)

Judge cites Trump tweets in restricting feds at protests" President's tweets "incite improper conduct by federal officers"
(DBN)

In a first, ICE agents are poised to respond to potential Election Day unrest
(DBN)

DHS Buys Cell Geolocation Data to Track Us
(DBN)

Feds go after protesters with rarely used civil disorder law enacted in 1960s
(DBN)

Beverly Hills police declared unlawful assembly at crowded pro-Trump rally following clash between rally-goers and counterprotesters
(DBN)

Luxury apartment buildings in New York City are hiring armed security to protect wealthy residents amid fear of election day unrest
(DBN)

FBI: Iranian hackers are targeting state election websites, voter data
(DBN)

The GOP Objects To Charges Of Voter Suppression? Have They Tried *Not* Suppressing The Vote?
(DBN)

Judge Repeatedly Criticizes Jacob Wohl as His Defense Insists Racist Robocalls Were Entirely 'Truthful'
(DBN)

New Report by Office of Inspector General Suggests Kristjen Nielsen May Have Perjured Herself Before Congress
(DBN)

An Atlanta restaurant owner has apologized after a Black man was kicked out for wearing sneakers while others who violated the dress code were not
(DBN)

Now a Third Grand Juror Says They Weren't Allowed to Consider Other Charges in Breonna Taylor Raid Louisville officer involved in Breonna Taylor's death files lawsuit against her boyfriend
(DBN)

KY: Police Training Urged Ruthless Violence
(DBN)

Rittenhouse Headed for His Murder Trial
(DBN)

Hate crime against Black couple jolts beach town known for tolerance
(DBN)

You Are Too Old To Trick-Or-Treat, Like By Law
(DBN)

Shakira slams 'unimaginably cruel' U.S. family separations at border
(DBN)

Pregnant New Jersey woman killed by shooter who waited outside her home, baby survives
(DBN)

N.Y. Attorney General Letitia James developing 'long' list of Trump actions for Biden to undo
(DBN)

U.S. judge blocks Commerce Department TikTok order U.S. will 'vigorously defend' TikTok executive order despite ruling
(DBN)

Swordsman in medieval clothing kills two in Quebec
(DBN)

Armed Right-Wing Groups Aren’t ‘Militias’—We Need to Stop Calling Them That
(DBN)

Oregon May Decriminalize Heroin, Coke, LSD
(DBN)

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Judges:

Judge will be compelled to rule on 7 motions unless she acts by Nov. 3, appeals court says
(DBN)

How the Court Inverted Constitutional Protections Against Discrimination
(DBN)

How the Supreme Court is handling election cases
(DBN)

Kavanaugh corrects opinion after Vermont official complains
(DBN)

A Notoriously Supreme Haunting For Amy Coney Barrett And Senate Republicans
(DBN)

Barrett Looks Beyond Harvard, Yale in Hiring First SCOTUS Clerks
(DBN)

Court Reform Is Now Inevitable: John Roberts Can Do This The Easy Way Or The Hard Way
(DBN)

BK CO: Notice of Recruitment of Bankruptcy Clinic Project Attorney
(DBN)

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Wall Street:

Dow futures set to jump 350 points as U.S. election enters final stretch
(DBN)

Stocks suffer biggest weekly decline since March Stocks, oil tumble for the week on virus, U.S. election angst
(DBN)

Trump's stock market performance falls short of Obama's
(DBN)

With Biden bets and Trump hedges, investors prepare for U.S. Election Day
(DBN)

'All eyes on Tuesday' as even risk-hungry retail traders pause
(DBN)

Potential stock winners and losers from Tuesday's U.S. election
(DBN)

Jittery Wall Street banks 'war game' the election with drills, client calls, special pollsters
(DBN)

The next bear market will be the worst in at least 78 years, warns co-founder of Soros’s legendary Quantum Fund
(DBN)

______________

Layoffs:

White Collar Layoffs are Coming
(DBN)

______________

Healthcare:

Covid-19 antibodies diminish over time, but experts say there's no reason to be alarmed
(DBN)

How Are Americans Catching the Virus? Increasingly, ‘They Have No Idea’
(DBN)

The coronavirus is becoming impossible to track
(DBN)

White House lashes out at Fauci, accuses him of 'playing politics' after he offered a bleak assessment of the US coronavirus response A once restrained Fauci unleashes on White House coronavirus approach days before election Fauci Unloads on US Covid Response in Candid New Interview: ‘You Could Not Possibly Be Positioned More Poorly’
(DBN)

FactCheck: Paid More if Patient Dies of Covid
(DBN)

Trump’s Dismissal of Covid Risk Paved Way to White House Outbreak
(DBN)

Fauci: COVID-19 hotspots have materialized across "the entire country"
(DBN)

Trump threatens to fire Fauci in rift with disease expert
(DBN)

Dr. Scott Atlas, White House Coronavirus Task Force adviser, apologizes for interview with Russian propaganda network
(DBN)

U.S. CDC reports 229,109 deaths from coronavirus
(DBN)

Texas Overtakes California for Virus Infections
(DBN)

CDC officials are considering a plan to distribute COVID-19 vaccines to the most vulnerable first — including people of color
(DBN)

Buttigieg calls Trump Jr. 'so out of touch that you just don't care anymore' for saying coronavirus deaths are down to 'almost nothing'
(DBN)

Trump says 'the great American Comeback is underway' as COVID-19 cases surge to record highs As Trump downplays Covid-19, the US sets a world record for cases
(DBN)

Pre-election virus spike creates concerns for polling places
(DBN)

Study: Trump campaign rallies likely led to over 700 COVID-related deaths
(DBN)

Trump admin funds plasma company based in owner’s condo
(DBN)

Georgia Gov. Brian Kemp, wife quarantining after potential COVID-19 exposure
(DBN)

U.S. reports record 99,321 new coronavirus cases as scientists warn latest surge just beginning 98,000 new Covid-19 cases. And the worst may be yet to come.
(DBN)

Former FDA head: Thanksgiving will be a COVID "inflection point"
(DBN)

U.S. only at ‘the beginning of the steep part’ of the coronavirus pandemic, Dr. Scott Gottlieb says
(DBN)

Fully at-home rapid COVID test to move forward
(DBN)

Illegal Halloween party with nearly 400 people shut down by deputies in NYC
(DBN)

US public-health experts say they're staying home this Thanksgiving — but some will still gather with family
(DBN)

Pope Criticizes People Who Complain About Pandemic Restrictions
(DBN)

Analysis: Bidencare or Trumpcare? Health plans will affect the U.S. economy differently
(DBN)

German researchers find 'glimmers of hope' after inviting thousands to indoor concert amid pandemic
(DBN)

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Cruise Lines:

CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order"
(DBN)

____________

Banking:

Unofficial Problem Bank list Decreased to 64 Institutions
(DBN)

____________

Trucking:

Class 8 big Rig Orders Jumped to 32,000
(DBN)

____________

Autos:

Garrett Motion Catches Seth Klarman's Interest
(DBN)

____________

Retailing:

Mall Owner CBL Properties Files for Bankruptcy in Bid to Survive
(DBN)

Mall owner PREIT files for chapter 11 petition to implement restructuring plan PREIT Commences Process to Implement Prepackaged Plan to Strengthen the Business and Enhance Financial Flexibility
(DBN)

Walmart Reverses Course on Gun and Ammo Displays
(DBN)

People are calling to boycott Home Depot after its co-founder said he was voting for Trump and encouraged others to do the same
(DBN)

Pandemic reinvents holiday hiring for retailers
(DBN)

____________

Economy:

U.S. consumer spending beats expectations in September Personal Income increased 0.9% in September, Spending increased 1.4% U.S. consumer spending beats forecasts; worries over decreasing government money
(DBN)

Days before election, economic data reveals gradual improvement, gloomy outlook
(DBN)

Here’s where the economy stands as the U.S. chooses between Trump and Biden
(DBN)

Fed Interest Rate Suppression Doesn't Work
(DBN)

Fed Could Face More Pressure to Act
(DBN)

Economists Struggle to Figure Out a World That's Unraveled
(DBN)

The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others
(DBN)

A new round of coronavirus shutdowns hits the U.S. and Europe
(DBN)

Did Trump ‘Make America Great Again’? Six big takeaways on his legacy
(DBN)

McConnell expects to get out a coronavirus stimulus package in 2021, giving a much later timeline for the bill's passing than Trump and Pelosi Congress hasn't approved a coronavirus relief bill, putting the US at risk of repeating a critical mistake from Obama's 2009 stimulus. Democrats want to avoid it The $600 federal unemployment benefit expired 3 months ago. But millions of Americans will lose all of their jobless aid by year-end if Congress doesn't step in ‘It’s a grim cut off’: Washington abandoned a stimulus deal, so much of America’s temporary financial safety net will expire Unemployment money and more: These 5 benefits could go up in smoke with stimulus delay
(DBN)

Biden's high bar Biden eyeing two relief efforts if elected, adviser says
(DBN)

New York ends coronavirus quarantine list and will require travelers to get tested instead Must Show Proof of Negative to Enter State
(DBN)

Trump's Foxconn Deal Another Gov't Debacle
(DBN)

NACM’s October Credit Managers’ Index Hits 15-Year High
(DBN)

The wealthy rush to shield their assets from Biden
(DBN)

The Economic Incompetence of Republican Presidents
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Can a Lease Terminated Under State Law be Revived in the Tenant's Bankruptcy?
(DBN)

Fannie Mae: Mortgage Serious Delinquency Rate Decreased in September
(DBN)

Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Increased Slightly
(DBN)

Q3 2020 GDP Details on Residential and Commercial Real Estate
(DBN)

Covid-19 brings unexpected boom to small Colorado town
(DBN)

Quirky SC timeshare bankruptcy ends on a financial high note
(DBN)

What To Do With All Those Empty Storefronts
(DBN)

____________

Municipalities:

Leaving New York: High earners in finance and tech explain why they left NYC
(DBN)

Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 51% YoY in September
(DBN)

Leaving New York: High earners in finance and tech explain why they left the ‘world’s greatest city’
(DBN)

Puerto Rico debt restructuring hits snag in public clash
(DBN)

____________

Oil/Gas:

Rig giant Pacific Drilling in new Chapter 11 bankruptcy filing Pacific Drilling Commences Voluntary Chapter 11 Proceedings; Restructuring Support Agreement to Eliminate All $1.1 Billion of Bond Debt; World-wide Operations Expected to Continue as Usual
(DBN)

“Parties’ Words Matter” – New Houston Bankruptcy Court Decision in Chesapeake-ETC Dispute Provides Alternative Paths for Challenging Midstream Contracts
(DBN)

Chesapeake Energy restructuring moves forward as creditors challenge valuation
(DBN)

The fall of an empire
(DBN)

Chevron posts profit on deep cost cuts, improved oil prices
(DBN)

Chevron, Exxon shrink spending as coronavirus cuts demand
(DBN)

Vitol, Trafigura see further oil demand destruction from second virus wave
(DBN)

Big Oil and the Last Nine Presidents
(DBN)

The Electric Vehicles are Coming
(DBN)

____________

Politics:

Campaign draws to a close with US facing a crossroads Bruised and haunted, US holds tight as 2020 campaigns close
(DBN)

Why Trump Can’t Afford to Lose
(DBN)

Trump Plans to Declare Premature Victory
(DBN)

Intel committee senators fear constitutional crisis
(DBN)

'People are scared': Politics pit neighbor against neighbor Over half of Americans believe Nov. 3 will be most stressful day of their lives Signs Get Snatched, Kicked, Burned as Political Battle Reaches the Front Lawn How Trump’s Presidency Opened the Door to Armed Electoral Interference From Chasing A Bus To Blocking Roads, Trump-Supported Caravans Wreak Havoc Ahead Of Election Election Day becomes doomsday scenario for militia groups Fears of Election Night Violence Get Out the Vote March Gets Pepper Sprayed
(DBN)

Trump: 'Under Biden, there will be no school, no graduations, no weddings, no Thanksgiving, no Easter, no Christmas, no Fourth of July, no nothing'
(DBN)

‘Trump Train’ Trucks Harass Biden-Harris Bus on Highway, Sideswiping One Campaign Volunteer Biden camp cancels multiple Texas events after a "Trump Train" surrounded a campaign bus Trump on supporters' caravan surrounding Biden campaign bus: "I love Texas!" FBI Is Investigating 'Trump Train' That Surrounded Biden Campaign Bus in Texas: Report Trump rebukes FBI for investigating
(DBN)

Trump’s plan to win by invalidating votes, explained
(DBN)

'We need you': GOP hunts for new voters in Trump territory
(DBN)

Crews building non-scalable fence to secure White House, Ellipse and Lafayette Square
(DBN)

President Trump has a plan to continue holding rallies after Election Day, says report
(DBN)

Trump Camp Uses Online Gimmick to Fuel Donations into December
(DBN)

NOT AGAIN! Trump Rally In PA Ends in Chaos With Attendees Left In Cold For Almost 2 Hours Waiting For Buses
(DBN)

Biden leads Trump by 10 points in final days before election: NBC/WSJ poll The latest batch of swing state polls shows a healthy Biden lead Florida Final Poll By Scott Rasmussen: Biden 51% Trump 47% The 2020 election race remains tight between Trump and Biden
(DBN)

Top Biden adviser sees ‘reasonable chance’ results of election will be known by Wednesday
(DBN)

Economist: Joe Biden is very likely to beat Donald Trump in the electoral college
(DBN)

Three Words That Haunt Joe Biden: ‘Dewey Defeats Truman’ How Trump Could Shock the World Again Trump Can Still Win—Here Are His Possible Paths To Victory
(DBN)

Poll: Biden bests Trump with Latino voters by a 2-1 margin
(DBN)

Joe Biden has finally disclosed who is raising him big money just days before Election Day
(DBN)

93 Million Already Voted
(DBN)

9 questions about 2020’s record-breaking early vote, answered
(DBN)

Texas smashed early-voting records. Which party will benefit?
(DBN)

America is moving to Texas, and it could reshape the political map
(DBN)

In Georgia, record turnout, Black voters fuel Biden's push to expand electoral map
(DBN)

At least 92 million people have already voted
(DBN)

How Joe Biden got to the threshold of the presidency
(DBN)

Trump adviser falsely claims Democrats could "steal" electoral votes
(DBN)

Trump and Biden crack schoolboy taunts about beating each other up while campaigning
(DBN)

Pennsylvania secretary of state: "Elections have never been called on election night" Seven Pennsylvania counties will wait until after Election Day to process mail-in ballots
(DBN)

Pennsylvania's small-town Trump defectors: Rare — but possibly decisive
(DBN)

GOP Sen. Rick Scott: Election results "should not be dealt with through the court system"
(DBN)

Republicans gear up for day-of and post-Election Day litigation
(DBN)

Pittsburgh Post-Gazette backs Trump in first GOP endorsement since 1972
(DBN)

Nate Silver: "Without Pennsylvania, Biden becomes an underdog"
(DBN)

Final NYT poll before election shows Biden leading in 4 key swing states
(DBN)

North Carolina police pepper-spray protesters marching to the polls
(DBN)

Cities board up, activists mobilize ahead of Election Day
(DBN)

Obama rips Trump's 'obsession' with crowd sizes during rally for Biden: 'Did no one come to his birthday party as a kid?'
(DBN)

Texas Supreme Court denies effort to invalidate over 126,000 ballots in Harris County ‘Ultra-Conservative’ Judge Assigned to Texas Republicans' Federal Court Lawsuit, Which Seeks to Toss Out 117,000 Ballots in Harris County
(DBN)

Why Are Republicans So Afraid of Voters?
(DBN)

Ronald Reagan and George W. Bush-Appointed Circuit Judges Rule Against Mask Requirements at Texas Polling Locations
(DBN)

Support for Trump is tearing apart Vietnamese American families
(DBN)

Berlin's Madame Tussauds put its wax Trump statue in a garbage bin just days before US election
(DBN)

South Carolina Resident Attempted to Register Dead People as Democratic Voters in Florida
(DBN)

Here's what happened when NBC News tried to report on the alleged Hunter Biden emails
(DBN)

How Trump Has Quietly Paid Down $67 Million In Debt While In Office All the president's debts: To whom Donald Trump owes money
(DBN)

Jeffress: Evangelicals That Don't Vote is a Sin Against God
(DBN)

Voter Fraud Claims Fueled by Bad Science
(DBN)

The Swamp That Birthed Trump
(DBN)

____________

New Bankruptcy Opinions
(13 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (125 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (28 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

What’s Disrupting Bankruptcy Trends Predicted in the Pandemic?
(DBN)

______________

Advisers:

Lazard snaps up PJT restructuring banker as COVID second wave hits
(DBN)

____________

Litigation:

Yield-Hungry Investors Brave Risks as Litigation Finance Expands
(DBN)

____________

Bankruptcy Reform:

Change The Bankruptcy System To Help End Cycle Of Poverty
(DBN)

____________

Appeals:

Time to Appeal Under Bankruptcy Rule 8002(a)(1): What the Right Hand Giveth, the Left Hand Taketh Away
(DBN)

____________

Aviation:

These are the airlines teetering on the brink of Covid ruin, shows data from Z-score bankruptcy gauge
(DBN)

Boeing is too big to fail — but that doesn’t mean pain isn’t ahead
(DBN)

Guidelines for COVID-19 tests for airline passengers could set global bar for reliability, sources say
(DBN)

Netherlands puts KLM bailout on hold after pilots reject wage freeze
(DBN)

Easyjet looking at financing options, not against state aid
(DBN)

Is the COVID-19 risk on airplanes really that low? Here's what experts say
(DBN)

Delta’s Last Boeing 777 Flies Off Into The Sunset As 20-Year Experiment Ends
(DBN)

Near 5,000 THAI staff to retire early
(DBN)

What's in store for the airline industry this winter?
(DBN)

____________

Climate:

Climate Change is Creating Ghost Towns
(DBN)

Most surprising thing about a new report showing climate change imperils the US financial system is that the report even exists
(DBN)

‘I lost everything’: In hurricane-ravaged Louisiana, residents struggle to rebuild
(DBN)

Federal wildland firefighters say they're burned out after years of low pay, little job stability
(DBN)

First wave of ships explore green hydrogen as route to net zero
(DBN)

Yet another hurricane taking shape, as Eta gains strength in Caribbean
(DBN)

____________

Firearms:

Town built on guns ponders future after Remington plant sale
(DBN)

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Personal Finance:

Here’s how a Biden or Trump presidency would affect your personal finances
(DBN)

____________

Tech:

Tech earnings took a dark turn with warnings about the coronavirus and election
(DBN)

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Utilities:

PG&E May Face $166 Million Penalty for Mismanaging Blackouts
(DBN)

Two Consultants Set to Plead Guilty in Boosted Rate Scheme To Bail Out Ohio Nuclear Plants
(DBN)

FirstEnergy fights against disclosing more details about alleged HB 6 bribery cases
(DBN)

Ohio utility at center of $60 million bribery case fires CEO
(DBN)

____________

Debt Collection:

Here’s why your next text or DM may soon be from a debt collector
(DBN)

____________

Student Debt:

Discharging student loans in bankruptcy—could it soon get easier?
(DBN)

Consumer Protection Agency Recommends Extending Student Loan Relief
(DBN)

____________

Food/Beverage:

Friendly's Files In BK DE - First Day Dec Iconic Restaurant Chain Friendly’s Files for Bankruptcy Friendly’s Restaurant Files for Bankruptcy, Expect Many More Friendly’s Restaurants Enters Into Sale Agreement Friendly’s to sell restaurant locations, file for bankruptcy
(DBN)

How a Michelin-starred restaurant became a pandemic takeout joint
(DBN)

____________

Fraud:

Full House Actress Lori Loughlin Reports to Big House
(DBN)

A Doctor was Duped Into Buying a Wish-Granting ‘Aladdin’s Magic Lamp’ for Over a Quarter of a Million Dollars
(DBN)

Fraudster's Car Collection Sells for $44 Million
(DBN)

____________

Movie Theaters:

Why Cinema Will Survive The Coronavirus Pandemic
(DBN)

COVID-19 And SCOTUS Will Change Movie Theaters Forever
(DBN)

____________

Education:

‘They All Got Careless’: How Falwell Kept His Grip on Liberty Amid Sexual ‘Games,’ Self-Dealing
(DBN)

____________

Celebs:

Thought you were broke, Boris! Bankruptcy-storm Becker drives a £40,000 Mercedes and lives in £5m penthouse overlooking the Thames
(DBN)

____________

Fitness:

How Planet Fitness could survive Covid-19 while other gyms go bankrupt
(DBN)

____________

UK:

HMRC’s move up creditor ladder will ‘increase insolvencies’
(DBN)

UK regulator finds ‘unacceptable’ rate of failures in council audits
(DBN)

Credit Bidding: A US import that will be a key part of a UK lender’s toolkit in the current distressed market
(DBN)

Prime Minister Boris Johnson imposes stay-at-home order in England as coronavirus cases surge
(DBN)

Individual Insolvency Statistics Releases
(DBN)

UK says 4-week coronavirus lockdown may have to last longer
(DBN)

Furlough extended during new lockdown and workers will get 80% of wages paid
(DBN)

Transport for London secures emergency £1.8bn bailout
(DBN)

____________

EU:

In photos: Coronavirus restrictions grow across Europe
(DBN)

In recovery race, Europe's wealthy north spend big
(DBN)

New coronavirus curbs spark exasperation, anger Spain rocked by second night of clashes over coronavirus measures Clashes in Rome as Italy weighs new lockdowns
(DBN)

____________

France:

Hardline politicians ramp up rhetoric after French church killings
(DBN)

Amazon drops French Black Friday ad campaign as lockdown starts
(DBN)

As France Mourns, Malaysia's Former Leader Says Muslims Have Right to 'Kill Millions of French People'
(DBN)

____________

Germany:

Germany launches 4-week partial shutdown to curb virus
(DBN)

____________

Brazil:

Brazil protesters oppose vaccine mandate
(DBN)

____________

MENA:

Israel’s Second Lockdown Seems to Be Working Better Than Its First
(WSJ)

____________

Australia:

Australia records no new COVID-19 cases for first time in five months
(DBN)

The love rat, the hooded stranger and the missing millions
(DBN)

____________

China:

China: Nothing Will Stop Our Advance
(DBN)

____________

Singapore:

Small firms to get help with debt under new schemes
(DBN)

____________

Sweden:

Sweden’s Top Banker Weighs In on Controversial Covid Plan
(DBN)

____________

India:

Ex-Central Bank Chiefs Say Bad Debt Will Hinder India’s Recovery
(DBN)

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