November 5, 2020

The Daily Bankruptcy News

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Law:

As Votes Are Tallied, 'Less Work Will Get Done' but 'Business Goes On' at Law Firms
(DBN)

Former client acknowledges spying on BigLaw partner but says it’s a common tactic
(DBN)

'Make Me Feel Human': Cole Schotz Allegedly Under Attack by Ex-Bankruptcy Associate Targeting Big Law
(DBN)

Baker Botts Rolls Back COVID Cuts, And Makes Another Round Of Special Bonuses
(DBN)

Taylor Wessing ends flexi-working scheme early
(DBN)

Associates Saved From 2008 - 2009 Fallout, Scooped into Talent Wars
(DBN)

Are Women Leaving Big Law Because Of COVID-19?
(DBN)

Western Michigan University To Vote Today On Ending Thomas Cooley Law School Affiliation
(DBN)

Teaching teenagers is harder than studying law at Harvard, says ex-English teacher in viral TikTok
(DBN)

Younger Lawyers Should Argue More Appeals And Motions
(DBN)

Exploring Ways To Bring Legal Advice To More People During The Pandemic
(DBN)

Donald Trump, Not Suing, And The Streisand Effect
(DBN)

Dear God, Don’t Put The Election In The Hands Of Lawyers
(DBN)

Trump sues in Pennsylvania, Michigan; asks for Wis. recount
(DBN)

What You Need to Know About the Recount Laws of the Remaining Battleground States
(DBN)

Trump's Lawyers Are 'Wasting Time' Going to Court, Biden Legal Adviser Asserts Columbia Law School adjunct lecturer explains why the Trump campaign’s legal challenges ‘lack merit’ Trump’s Election Lawsuits Are Legally Hollow
(DBN)

Trump campaign mounts legal barrage in 3 states as narrow margins raise stakes for battles over which ballots will count
(DBN)

Trump Election Claims Unlikely to Score Him a ‘Bush v. Gore’ Win
(DBN)

A far different look between pre-Election Day and post-Election Day legal disputes
(DBN)

Trump's Supreme Court vow was what he planned all along
(DBN)

Trump asks Supreme Court to block late-arriving Pennsylvania ballots
(DBN)

Trump’s Supreme Court Threat Will Backfire in a Legal Battle
(DBN)

Trump can't just ask the Supreme Court to stop ballot counting, GOP election lawyer tells CNN
(DBN)

Prominent Election Lawyer Stunned By Trump’s Legally Incoherent Plan To Win Election 2020
(DBN)

New Trump campaign lawsuit targets late-arriving Georgia mail ballots
(DBN)

Pennsylvania governor calls Trump campaign lawsuit to stop counting ballots 'simply wrong'
(DBN)

Military ballots among those left to be counted
(DBN)

No new wave of election lawsuits emerged Tuesday; which pending cases could make a difference?
(DBN)

Pennsylvania Republicans’ Ballot Lawsuit Met by Skeptical Judge
(DBN)

Suing to Win an Election: What Happens
(DBN)

Trump campaign asks to enter SCOTUS Pennsylvania mail-in ballot challenge
(DBN)

Whether the GOP Can Stop Voters From Legally Fixing Rejected Mail-In Ballots Could Decide the Election
(DBN)

House Democrats withdrawing appeal in case over Trump's New York tax returns
(DBN)

The Real Winner Of The Election? Drugs Oregon becomes first state to legalize magic mushrooms as states ease drug laws Oregon decriminalizes possession of hard drugs, as four other states legalize recreational marijuana Election Day was a major rejection of the war on drugs Mississippi just voted to legalize medical marijuana, and it's another sign that even deep-red states back cannabis reform Here Is a Rolling List of Drugs U.S. States Just Voted to Decriminalize or Legalize U.S. Cannabis Industry Celebrates Big Night for Marijuana Legalization South Dakota? Conservative state surprises with pot passage
(DBN

Oregon Activates National Guard Amid ‘Widespread Violence’, 11 Arrested In Portland As Police Declare Riots
(DBN)

Police: Dozens of arrests at post-election protest in NYC
(DBN)

Despite Demonstrations In Some Cities, There Was No Widespread Election Unrest
(DBN)

Cops Release Body Cam Footage Showing Police Shooting of Walter Wallace Jr.
(DBN)

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Judges:

BK NV: Bankruptcy Bugle News letter
(DBN)

Trump’s Road to Supreme Court Is Neither Fast Nor Certain
(DBN)

Huh? You Can’t Just Ignore Court Orders?
(DBN)

Trump’s Best Bet to Get SCOTUS’s Help Right Now Is to Convince the Justices That RBG Was Right
(DBN)

Will Trump's legal challenge succeed at the Supreme Court? Here's what experts say
(DBN)

Barrett, Supreme Court Weigh Broadening of Religious Rights
(DBN)

Justice Barrett Leans Against LGBTQ Protections During Oral Arguments in Foster Care Case
(DBN)

Latest clash between religious beliefs and gay rights divides Supreme Court
(DBN)

Argument analysis: Justices sympathetic to faith-based foster-care agency in anti-discrimination dispute
(DBN)

Supreme Court grapples over Catholic organization's fight against nondiscrimination law
(DBN)

______________

Wall Street:

Stock futures jump as potential Washington gridlock signals less regulatory risk Dow futures jump 400 points, extending post-election rally
(DBN)

Dow skyrockets 750 points amid tech surge as investors digest election uncertainty Stocks jump as Wall Street thinks tight U.S. election means gridlock
(DBN)

Unclear US presidential election is a problem for investors betting on a bigger stimulus package, JPMorgan says Wall Street worries tight U.S. election clouds pandemic fight, stimulus
(DBN)

The no-wave rally begins
(DBN)

______________

Layoffs:

Lloyds Cuts 730 More Tech, Retail Jobs as Restructuring Deepens
(DBN)

John Lewis to Cut Up to 1,500 More Jobs
(DBN)

Sainsbury Plans 3,000 Job Cuts as U.K. Retail Toll Grows
(DBN)

Nike layoffs to total 700 at Oregon headquarters
(DBN)

Austin’s National Instruments to cut global staff by about 650
(DBN)

______________

Politics:

Preliminary Data Suggests Highest U.S. Election Turnout Since 1900
(DBN)

Win or lose, Trump was the mirror America needed
(DBN)

Here are Trump's and Biden's paths to victory based on where the election stands The election is close, but Biden’s prospects look better than Trump’s Biden Takes Narrow Lead in Key States as Trump Suggests Fraud Presidency hinges on tight races in battleground states Republicans have condemned Trump's false claim to have already won the election Nation awakes to uncertainty as Biden urges patience Trump-Biden election fight may be too close to call for days Here's why Biden still has the inside track to victory even though Trump scored early must-wins Ryanair, one of the world's biggest airlines, says that 'Trump declaring victory this early is like disembarking before the plane has landed' Many Trump voters skeptical of vote count Trump says he wants to stop ‘all voting’, but only vote counting remains Trump Backers Enter Detroit Vote-Count Center, Bypassing Police
(DBN)

US Facing Four Years of Paralysis Biden looks screwed even if he wins GOP Senate wins wreak havoc on Biden transition plans
(DBN)

Election reveals deeper divides between red and blue America Trump, Biden coalitions show race, class divide
(DBN)

House sees largest, most diverse group of openly LGBTQ candidates elected in 2020, group finds
(DBN)

GOP holds line in state legislatures, dealing blow to Democrats
(DBN)

Democrats' hopes fell far short in Texas. Here's why the state remains a Republican stronghold.
(DBN)

Centrist Democrats talk leadership changes after negative election results
(DBN)

Furious Donald Trump called Rupert Murdoch to scream at him after Fox called Arizona for Joe Biden - but the media mogul refused to back down
(DBN)

Aides tried to get Trump to stop attacking McCain in hopes of clinching Arizona: report
(DBN)

Biden rebuilding ‘blue wall’ in race for the White House
(DBN)

Biden lawyer prematurely declares victory
(DBN)

States still in play and what makes them that way
(DBN)

Polling at all levels takes a beating Polling failed. It's time to kick the addiction Luntz: Polling Profession is Finished
(DBN)

Democrats raised more than $315 million to decisively lose 6 Senate races GOP retains Senate seats despite record-breaking Democratic fundraising
(DBN)

Trump’s relationship with Fox grows icy amid election
(DBN)

Biden has now received more votes for president than any other candidate in U.S. history
(DBN)

Jittery public awaits fate of race in bitterly divided US
(DBN)

The Disunited States
(DBN)

Cities Prepare for Civil Unrest That Election Night Spared Them
(DBN)

Close Election Reveals a Nation Still Divided
(DBN)

Biden May Be Winning, But America’s Future Isn’t
(DBN)

Trump continues push to undermine legitimate vote-counting process
(DBN)

Pelosi’s Power Takes a Hit With Diminished U.S. House Majority
(DBN)

With presidency in reach, Dems grapple with disappointment
(DBN)

Trump's premature claim of victory stokes confusion and conflict online After a night of red and blue mirages, TV anchors and pundits push back on Trump's false claim of election victory
(DBN)

Biden Now an Overwhelming Favorite in the Betting Markets After a Night of Wild Odds Swings
(DBN)

Biden wins Wisconsin, presidency still hangs in balance Trump campaign plans to "immediately" request recount in Wisconsin Here’s What Wisconsin’s Recount Law Says and What It Means for Trump What happens next in Wisconsin
(DBN)

Biden wins Michigan as battleground state swings against Trump
(DBN)

Trump, allies boost conspiracy theories in bid to undermine vote count
(DBN)

Election officials in Arizona rebut claims that ballots marked with Sharpies were disqualified
(DBN)

Trump Supporters Protest At Key Arizona Vote Counting Center As Biden's Lead Erodes
(DBN)

Biden Pulls Within A Point Of Trump In Georgia
(DBN)

Biden Cutting Into Trump’s Lead In Pennsylvania As Mail-In Votes Tallied
(DBN)

Trump campaign falsely claims victory in Pennsylvania with hundreds of thousands of ballots not yet counted
(DBN)

Trump Wanted to Know Why Mail-in Ballot Returns Were ‘Devastating.' Attorneys Had Answers.
(DBN)

Georgia election official: Machine glitch caused by last-minute vendor upload
(DBN)

Bush-Appointed Judge Savages GOP Case Against Pa. Mail-in Ballots: Election Code Is Not Meant to Disenfranchise Voters
(DBN)

The president's cries of 'fraud' strike at the heart of free elections
(DBN)

I Just Got Off A 14-Hour-Plus Shift As An Election Judge: Let Me Tell You How Fair The Process Is
(DBN)

Democrats’ increasingly narrow path for winning back the Senate, explained Democrats' Senate drive halted by GOP, but control teeters
(DBN)

What Happened To The Blue Wave The Pollsters And Celebrities Promised Us?
(DBN)

Republicans have condemned Trump's false claim to have already won the election
(DBN)

Postal data shows poor mail-in ballot delivery rate in key states
(DBN)

Mike Bloomberg takes big losses after spending over $100 million in Florida, Ohio and Texas
(DBN)

Biden and Trump campaigns both claim to be winning the election
(DBN)

2020 election sees record high turnout with at least 159.8 million votes projected
(DBN)

Trump critic Barry Diller feels humbled by close election
(DBN)

North Dakota Republican who died of Covid-19 wins seat in state legislature
(DBN)

GOP pollster says Trump must win Pennsylvania to have a chance at beating Biden
(DBN)

Trump says he's going to court. He has absolutely no basis to sue.
(DBN)

Mississippi swaps Confederate flag for magnolia
(DBN)

Rhode Island voters drop 'Providence Plantations' from state name
(DBN)

____________


Economy:

US companies added 365,000 jobs in October, missing economist estimates, ADP says Private payroll growth slows in October, well below expectations
(DBN)

U.S. employment, services industry data point to slowing economic recovery
(DBN)

The US is barreling towards the worst-case scenario for more stimulus relief — and the stock market could pay the price
(DBN)

U.S. needs ‘really big’ relief package to keep economy afloat, says Paul Krugman
(DBN)

Amid U.S. election uncertainty, Fed likely to lay low this week
(DBN)

Fed wants low profile but may repeat that the economy needs stimulus
(DBN)

Gridlocked Washington Would Force Fed to Do More for Economy
(DBN)

As hopes fade for a major stimulus, here’s what it means for the fragile economy
(DBN)

Kudlow says unclear if COVID-19 aid would be part of government funding bill
(DBN)

McConnell says reaching an economic stimulus deal is ‘job one’ when Senate returns
(DBN)

U.S. Service Industries Expand at Slowest Pace in Five Months
(DBN)

Democrats Lose Leverage on Stimulus, With Smaller Bill Likely
(DBN)

Workers “get a lot of hope” as Florida votes to hike minimum wage to $15/hour
(DBN)

Voters Ignore Business Protests in Approving Pro-Worker Measures
(DBN)

U.S. trade deficit narrows for first time in three months Trade Deficit Decreased to $63.9 Billion in September
(DBN)

Connected offices could have big role to play as firms adapt to the coronavirus
(DBN)

Chatbots, automation and home offices? Experts weigh in on our post-Covid future
(DBN)

How Silicon Valley salary adjustments could redefine remote worker earnings
(DBN)

How Do You Know When Society Is About to Fall Apart?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Biden or Trump, Mortgage Prepayments Look Set to Remain Robust
(DBN)

Turning Dead Malls Into Community Assets
(DBN)

____________

Municipalities:

Illinois Rejects Higher Taxes on Rich, Raising Junk Rating Risk
(DBN)

Puerto Rico Voters Declare They Want U.S. Statehood. Now What?
(DBN)

In Puerto Rico, pro-statehood Pedro Pierluisi leads governor's race
(DBN)

____________

Oil/Gas:

FTS Ch. 11 Plan OK'd After Fracking Sand Supplier Deal
(DBN)

Transocean Is Moving Closer To Bankruptcy Quarter After Quarter
(DBN)

BP Close to Selling London HQ to cut Costs
(DBN)

Biden Win Could Accelerate Energy Bankruptcy Filings
(DBN)

Oil and gas groups buoyed by fading fears of US ‘blue wave’
(DBN)

Volvo to Launch Full Line of Electric Trucks
(DBN)

Electric Car Sales Rise in Germany
(DBN)

____________

Healthcare:

U.S. reports second-highest daily number of Covid cases on Election Day US records over 100,000 COVID-19 cases in a single day for first time Day After Election, U.S. Records All-Time High Of 103,000 New Covid-19 Cases
(DBN)

Coronavirus cases are rising in 35 states
(DBN)

Face Masks Are Again in Short Supply as Covid-19 Cases Surge
(DBN)

Scientists say New York City likely had COVID-19 infections in February, weeks earlier than official data suggests
(DBN)

Public health may be US election loser as coronavirus surges
(DBN)

Covid vaccine maker AstraZeneca expects to release trial data by year-end
(DBN)

Australia has almost eliminated coronavirus - by putting faith in science
(DBN)

____________

Gig Economy:

California voters sided with Uber, denying drivers benefits by classifying them as contractors
(DBN)

California Allows Uber's Gig Economy to Live Another Day
(DBN)

Uber, gig economy companies see California win as national model
(DBN)

Uber and Lyft’s Proposition 22 Win Is a Warning Shot to Democrats
(DBN)

____________

Autos:

October Vehicles Sales decreased to 16.2 Million SAAR
(DBN)

____________

Cruise Lines:

U.S. cruise industry will extend suspension through December 31
(DBN)

____________

Fitness:

NY Sports Clubs Gets Judge's OK For $80M Sale In Ch. 11
(DBN)

____________

Pharma:

McKesson says states seek $21 billion from drug distributors in opioid settlement
(DBN)

____________

Food/Beverage:

The restaurant chain bankruptcy wave is far from over
(DBN)

Two Years After Mike Isabella’s French Restaurant Closed, Workers Say He Still Owes Them Wages
(DBN)

Chuck E. Cheese OK'd to solicit creditor votes for restructuring
(DBN)

____________

Celebs:

Inside Katie Price’s £800-a-night Maldives resort with spa room looking out over the sea after bankruptcy hearing
(DBN)

____________

Religion:

Update on Churches Filing Chapter 11 Bankruptcy
(DBN)

2 accused predator priests may be deposed despite New Orleans church's bankruptcy case
(DBN)

____________

Education:

Retirement Wave Hits College Presidents Amid Pandemic
(DBN)

____________

Sports:

MLB's bleak short-term future
(DBN)

____________

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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:

BK WD NY: Updated Filing Statistics
(DBN)

Pandemic, oil crash trigger bankruptcies in Corporate America
(DBN)

Puerto Rico bankruptcy filings -31% year-over-year in October
(DBN)

______________

Miscellaneous:

Recent Developments in Bankruptcy Law, October 2020
(DBN)

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Small Business:

Small Business Chapter 11 update: Where are we 8 months in?
(DBN)

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Trustees:

Political Contributions: National Assn of Bankruptcy Trustees
(DBN)

____________

Litigation:

Using litigation finance for intercreditor litigation
(DBN)

Court Rejects Privilege and Orders Deposition of Lawyer Doubling as HR Officer
(DBN)

____________

Bonds:

Marblegate Under Attack! Or Not? Out-of-Court Bond Restructurings in Light of NY Court of Appeals Decision in CNH Diversified
(DBN)

____________

Aviation:

Sorry, Boeing, the Yacht Had to Go
(DBN)

Airlines Cull U.K. Flights, While Last-Minute Private Jet Bookings Spike
(DBN)

Aeromexico seeks approval to fire 1,830 workers, eyeing $44 million in annual savings
(DBN)

Airline Industry Leaders Face Grim Future Without Government Aid
(DBN)

Thai Airways Sends 5000 Employees Into Early Retirement, Financial Reserves To Run Out By December
(DBN)

Lufthansa warns of higher cash drain, restructuring costs in fourth quarter
(DBN)

____________

Travel:

Doubts about cleanliness plague travel's recovery
(DBN)

____________

Mass Torts:

Johnson & Johnson fails to overturn $2.12 billion baby powder verdict, plans Supreme Court appeal
(DBN)

____________

Retailing:

Pet Valu to wind down U.S. operations, joining list of retailers shuttered by pandemic
(DBN)

____________

Mail:

'A Price to Pay': Judge Fumes Over USPS Failure to Comply with Election Day Order Federal Judge Skewers USPS During Hearings That Offered Few Answers on Untraced Ballots USPS Officials Ordered to Appear in Court
(DBN)

Judge Says USPS Chief DeJoy May Have to Testify About Failures
(DBN)

USPS Says It Completed Election Day Sweep for Mail-In Ballots
(DBN)

USPS Election Manager Says ‘No Excuse’ For Late Vote Deliveries
(DBN)

____________

UK:

British Banks Denied Pandemic Loans to Over 150,000 Companies
(DBN)

Brits flock to the pubs for £1 pints before second lockdown begins
(DBN)

EU's Barnier says 'very serious' gaps still in Brexit trade talks
(DBN)

Failure to win £20m Brexit bid for Portsmouth port would lead to 'bankruptcy' for council
(DBN)

Boris' Failures Add Up to Eroding Trust
(DBN)

____________

EU:

European nations impose new lockdown orders as Covid cases soar
(DBN)

European Economy Faces Deeper Scars Amid New Virus Restrictions
(DBN)

Europe's grim lesson about COVID lockdowns
(DBN)

____________

PIIGS:

Italy imposes regional lockdown as coronavirus cases spike
(DBN)

Italy Faces Prospect Debt Will Spiral Out of Control Next Year
(DBN)

____________

Canada:

How this Supreme Court ruling impacts contractor insolvency risk
(DBN)

____________

Brazil:

Brazil Congress Overturns Bolsonaro Tax Veto in Jab at Austerity
(DBN)

Brazil Industry Posts Longest Streak of Monthly Gains Since 2012
(DBN)

____________

France:

With France on Lockdown Again, Can Its Culinary Legacy Survive?
(DBN)

____________

Kenya:

Kenya Suspends Political Rallies After ‘Most Tragic’ Virus Month
(DBN)

____________

Ukraine:

Ukraine Breaches Covid Benchmark as UN Agency Warns on Capacity
(DBN)

____________

Australia:

National Australia Bank Profit Slumps as Bad-Debt Charges Swell
(DBN)

____________

Singapore:

Schemes of Arrangement in Singapore: Empirical and Comparative Analyses
(DBN)

Concerns over eligibility criteria raised during debate over Covid-19 and Insolvency Bills
(DBN)

Singapore's banks ease provisioning for bad loans as pandemic abates
(DBN)

____________

Thailand:

Bankruptcy Proceedings and Business Reorganization in Thailand
(DBN)

____________

Sweden:

Swedish Economy Grew Less Than Expected During Summer Lull
(DBN)

____________

India:

Coronavirus adds to woes of India’s property developers
(DBN)

____________

Indonesia:

Pandemic puts Indonesia into recession; 1st time in 20 years
(DBN)

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