October 15, 2020

The Daily Bankruptcy News

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Law:

The Biglaw Firm On A Lateral Bankruptcy Partner Hiring Spree
(DBN)

Ropes & Gray Leaves Associates Empty-Handed When It Comes To Fall Bonuses
(DBN)

Biglaw Bonuses Belong In Associate Pockets, Not Partner Coffers
(DBN)

COVID Outbreak Reportedly At Jones Day, But An Insider Says Not Everyone Was Told About It
(DBN)

Greenberg Traurig Continues Strategic Expansion of Restructuring & Bankruptcy Capabilities, Adds Kevin J. Walsh in Boston
(DBN)

Berkshire Hathaway Claims Top Law Firm Aided $756 Million Fraud
(DBN)

Law Firm Power Struggles Are Now Starting in Law School
(DBN)

Firms of the future: COVID-19 prompts more law firms to pursue real estate downsizing
(DBN)

Reflecting On My First In-Person Deposition Since The Shutdown
(DBN)

Filing For Bankruptcy With Upsolve – No Lawyers Involved
(DBN)

Law School Dean Accidentally Emails List Of Graduates Who Passed/Failed The Bar Exam To All Students Law school dean ‘devastated’ about flubbed email with bar exam grades
(DBN)

This Law School Professor Is A Real ‘Genius’
(DBN)

July 2020 bar test-takers down significantly from recent years, but much smaller drop in those who passed
(DBN)

Why lawyers will love the iPhone 12
(DBN)

Kirkland & Ellis chopping boards are actually a thing
(DBN)

DOJ Sues Former Melania BFF For Tortious Tea Spillage And Breach Of Fiduciary Friendship Obligations
(DBN)

Amy Cooper made second 911 call about Black birdwatcher, prosecutors say Prosecutors Charge 'Central Park Karen,' Say There Was Previously Unreported Second 911 Call
(DBN)

Attorney urges other lawyers to use outrage over George Floyd’s death to demand policing reforms
(DBN)

Indicted St. Louis Lawyers Left Pancake House Employee a Signed Photo of Themselves Pointing Guns at Protesters
(DBN)

The Breonna Taylor case proves that prosecutors have too much power
(DBN)

Federal Appeals Court Strikes Down Texas Abortion Law: It ‘Unduly Burdens a Woman’s Constitutionally-Protected Right’
(DBN)

Nationwide coalition of prosecutors, attorneys general vow not to enforce antiabortion laws
(DBN)

Supreme Court Has Already Teed Up an Abortion Case for Amy Coney Barrett to Consider Amy Coney Barrett’s Refusal to Label Landmark Contraception Case a ‘Super-Precedent’ Seen as ‘Major Tell’
(DBN)

A ‘Perfect Storm’: The Election And Voter Rights During The Pandemic
(DBN)

DOJ Admits to Federal Court That Trump Lied to His Supporters on Twitter About Declassifying All Russia Docs
(DBN)

Michael Cohen writing book about DOJ and Trump world
(DBN)

Republicans Said Obama Admin ‘Unmasking’ Story Was ‘Worse Than Watergate.’ The DOJ Didn't Bother Issuing a Public Report on Prosecutor's Findings.
(DBN)

U.S. attorney in New York announces push to bring down 'alarming' gun violence spike, bypass state system with lenient bail laws
(DBN)

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Judges:

Jil Mazer-Marino appointed as a United States Bankruptcy Judge for the Eastern District of New York in Brooklyn Mazer-Marino to become new U.S. bankruptcy judge in Brooklyn
(DBN)

Ginsburg statue in Brooklyn to be unveiled on her birthday
(DBN)

Twitter reacts to Barrett misspeaking about approaching cases with an 'open wine': 'Me too, girl'
(DBN)

Following the 'Ginsburg Rule': Why Barrett Can't Comment on the Issues
(DBN)

‘I hope that you aren’t suggesting that I don’t have my own mind,’ Barrett tells senator
(DBN)

4 takeaways from Supreme Court nominee Amy Coney Barrett's final day of questioning
(DBN)

Senate Judiciary to consider Barrett ahead of vote next week
(DBN)

Barrett won’t give her opinion on ‘contentious matter’ of climate change
(DBN)

Is Barrett an adequate Ginsburg replacement? Debate over philosophy is appropriate, she says
(DBN)

Barrett, Confirmation Near, Pressed to Answer for Trump’s Claims
(DBN)

With Catholic vote in mind, Democrats steer around Barrett's faith
(DBN)

SCOTUS nominee says she’d keep an open mind about cameras in the high court
(DBN)

Barrett: Can't Force Presidents to Obey Laws
(DBN)

Barrett: No one is above the law, but Supreme Court can’t force other branches to comply with judgments
(DBN)

Barrett: Sharing Scalia’s philosophy doesn’t mean I agree with every sentence he said
(DBN)

Amy Barrett's Legal Philosophy is a Lie
(DBN)

Trump nominee declines to say whether it's wrong to separate migrant children from parents
(DBN)

Republicans: Supreme Court won't toss ObamaCare Barrett signals ObamaCare could survive mandate being struck down
(DBN)

Liberals Upset That Dianne Feinstein Said She Was 'Really Impressed' by Amy Coney Barrett's Severability Answer
(DBN)

New York Court Officials to Review Cases Handled by Judge With Alzheimer’s
(DBN)

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Wall Street:

Dow falls as banks signal cautious recovery, Washington negotiates over pandemic stimulus
(DBN)

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Layoffs:

Eastern District of Pennsylvania Bankruptcy Conference Case Problem Series: Eagle Technologies
(DBN)

Tropicana Las Vegas laying off more than 800 employees
(DBN)

Pub group Marston's could cut 2,150 jobs after new UK virus curbs
(DBN)

Jefferson University cutting 500 jobs
(DBN)

Dave & Busters set to lay off more than 300 Michigan workers in November
(DBN)

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Politics:

US militias forge alliances with conspiracy theorists ahead of election
(DBN)

Trump headed for trouble -- and not changing course Trump is doing the exact opposite of what he should
(DBN)

Why Democrats remain nervous about Biden's chances
(DBN)

Trump to participate in NBC town hall on Thursday NBC faces backlash for booking Trump town hall against ABC's Biden talk
(DBN)

Hunter Biden email story: Computer repair store owner describes handing over laptop to FBI The Man Who Stole Hunter Biden's Laptop Biden campaign lashes out at New York Post Facebook and Twitter reducing distribution of New York Post Hunter Biden story Why Biden Ukraine Story is Blocked Online Hunter Biden story trips social media misinformation alarms Rudy Lawyer: I Have the Evidence on Hunter
(DBN)

Trump Presses Pompeo, Barr for Biden Dirt
(DBN)

Fear of Violence w/ Trump Army Poll Watchers
(DBN)

'He’s getting a bit desperate': Trump tramples government boundaries as election nears
(DBN)

Trump Promotes Baseless, QAnon-Endorsed Conspiracy Theory Alleging Obama Staged Bin Laden’s Killing Navy SEAL who says he killed bin Laden pushes back after Trump amplifies unfounded claims operation was a hoax
(DBN)

Fauci has 'high degree of confidence' Trump no longer shedding coronavirus
(DBN)

Trump’s new thing is musing about kissing his fans during a pandemic
(DBN)

14M Have Already Voted
(DBN)

Here's what could go right - or very wrong - on election night
(DBN)

Democrats dominate early voting in Florida
(DBN)

GOP Screwed Up Kansas So Badly a Democrat Might Win Senate Seat There
(DBN)

As he fights for senior votes, president mocks Joe as elderly, disabled Trump shares manipulated image of Biden in wheelchair at nursing home
(DBN)

Team Biden's new strategy: Run out the clock
(DBN)

Biden up by 7 points in Georgia: survey Trump, Tillis trail Democratic challengers in North Carolina: poll
(DBN)

Anti-Trump Lincoln Project raised $39.4 million in third quarter
(DBN)

Survey shows Biden has overwhelming support of Indian Americans
(DBN)

How the White House will be won: The 8 states that will decide the election
(DBN)

Michigan’s Macomb County is crucial blue-collar battleground for Trump and Biden
(DBN)

Supreme Court battle acts as lifeline for Lindsey Graham
(DBN)

GOP injects new chaos into election
(DBN)

Pennsylvania's mail-in voting free-for-all
(DBN)

Deep Divisions in Views of the Election Process – and Whether It Will Be Clear Who Won
(DBN)

Videos show closed-door sessions of conservative activists: 'Be not afraid of the accusations that you're a voter suppressor'
(DBN)

The president, not social media, is largely responsible for disinformation about mail-in voting
(DBN)

TX: GOP Loses Challenge to Drive Thru Voting
(DBN)

Harrison slams Graham over 'good old days of segregation' remark
(DBN)

Fox News portrayed it as one of the biggest scandals in American history. Then it fell apart
(DBN) America: A Nation Plagued by Misinformation
(DBN)

50% of Americans expect to know who won within a day or two of Election Day
(DBN)

5.2 million people can’t vote due to their felony record, according to a new report
(DBN)

Coronavirus isolated nursing home residents. Now it might keep them from voting.
(DBN)

Trump: UFOs are Real, Then Threatens Aliens
(DBN)

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Mass Torts:

50,000 alleged sex-abuse victims expected to sue the Boy Scouts
(DBN)


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Economy:

U.S. producer prices accelerate, but overall inflation trending softer
(DBN)

More than 100 million Americans are out of the labor force
(DBN)

Pelosi, Mnuchin continue COVID-19 talks amid dwindling odds for deal Mnuchin says COVID-19 relief before election 'would be difficult' Pelosi's over-the-top response to questions about the coronavirus stimulus Dow falls 150 points after Mnuchin throws cold water on hope for a stimulus deal before election Americans haven't received another round of COVID-19 stimulus because negotiations have dragged on for 6 months Pelosi punches back on questions about her stimulus bill strategy in contentious television interview
(DBN)

A wake-up call from the IMF IMF urges governments to borrow to fight impact of Covid-19 IMF: Further Fiscal Stimulus Would Help US Economy IMF sees turmoil as pandemic rages on
(DBN)

U.S. Treasury chief urges IMF, World Bank to be prudent fighting pandemic
(DBN)

G20 pledges to do 'whatever it takes' to support global economy
(DBN)

Trump promises economic rejuvenation in speech with few policy details
(DBN)

Capitalism is in Crisis
(DBN)

Trump's Economy in Five Charts
(DBN)

Cost of Interest on the National Debt Falls
(DBN)

Employment will not bounce back until 2024: S&P Global
(DBN)

Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
(DBN)

Conservative think tank: Biden proposals would cut taxes for most in 2021
(DBN)

Biden advisor declines to ‘litigate’ timing of a potential corporate tax hike
(DBN)

Rich kids could get hundreds of billions from their parents if Biden wins
(DBN)

Forget the election. This is the top threat to the economy, survey finds
(DBN)

More tech companies plan to let workers stay remote post-pandemic
(DBN)

Ships wait to unload at Port of Los Angeles as imports boom
(DBN)

Biden Plan Spares Incomes Under $400,000, Taxes Corporations And The Super Rich, Lowers National Debt
(DBN)

NM Gov. Renews Some COVID Restrictions Michigan safety officials issue new COVID-19 rules for employers More emergency rules for Michigan workplaces replace defunct Whitmer executive orders
(DBN)

At work while at home: The new paradigm
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Landlords, lobbyists launch legal war against federal eviction moratorium, aiming to unwind renter protections
(DBN)

Real estate prices are about to drop 10%
(DBN)

Houston Real Estate in September: Sales Up 32% YoY, Inventory Down 25% YoY
(DBN)

Troubled mall owner PREIT says it could have to file for bankruptcy to borrow $150M PREIT Reaches Agreement with Approximately 80% of its Lenders to Recapitalize Business
(DBN)

WeWork Cuts Rents To Keep Clients
(DBN)

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Municipalities:

State Governments Are Trying To Increase Taxes On Millionaires
(DBN)

Puerto Rico board asks court to reject debt proposal deadlines
(DBN)

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Oil/Gas:

Bankrupt Chesapeake Energy Shareholders Need A Reality Check Because They Still Are Getting No Recovery
(DBN)

As Oil Bankruptcies Surge, Vulture Investors Start Their Long Feast
(DBN)

The Great American Oil & Gas Massacre: Bankruptcies Hit New Milestone as Bigger Companies Let Go
(DBN)

The Shale Patch Bankruptcy Crisis Isn’t Over Yet
(DBN)

Chaparral Energy exits bankruptcy as private operator
(DBN)

HighPoint Resources: At Significant Risk Of Restructuring
(DBN)

Big Oil Faces Long Term Reckoning
(DBN)

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Healthcare:

Shaky U.S. Hospitals Risk Bankruptcy in Latest Covid Wave New covid wave threatens hospitals Pandemic Squeezing Hospital Budgets, Pushing Many Into The Red
(DBN)

Calais hospital no longer needs watchdog after patient care improves, bankruptcy judge rules
(DBN)

Medicaid enrollment projected to spike
(DBN)

How a conservative Supreme Court could save the ACA
(DBN)

Covid deaths in Europe, US exceed official tallies
(DBN)

Which states had the best pandemic response?
(DBN)

Trump wants to try for herd immunity. Without a vaccine, it could kill millions.
(DBN)

From Wuhan to the White House: A timeline of COVID-19’s spread
(DBN)

Covid-19 Hits the Old Hardest, But the Healthy Longest
(DBN)

Bill Gates defends Dr. Fauci, blasts the U.S. coronavirus response as ‘among the worst of any country’
(DBN)

Nevada county offers $20 incentive to get tested for COVID-19
(DBN)

CDC Chief: Thanksgiving Gatherings Could Send COVID-19 Cases Soaring
(DBN)

Small gatherings causing new COVID-19 infections, CDC director warns
(DBN)

Healthy young people may not get the coronavirus vaccine until 2022, WHO says
(DBN)

CDC may not recommend coronavirus vaccine for children at first
(DBN)

When will the COVD-19 pandemic end? History offers a sobering message
(DBN)

61 people who went to Canadian spin studio get coronavirus despite adhering to public health guidelines
(DBN)

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Hotels:

The Future of Hotel Design
(DBN)

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Banking:

Big U.S. banks offer muddled outlook on how bad coronavirus losses might get
(DBN)

High costs haunt Wells Fargo results years after scandal
(DBN)

Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
(DBN)

What bank results tell us about the US economy ahead of the election
(DBN)

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Retailing:

J.C. Penney Sale Talks Ongoing as Due Dates Loom
(DBN)

Acme Posts High Bid in Kings/Balducci’s Bankruptcy Auction
(DBN)

These Bankrupt Grocery Chain Locations Are Getting a Second Chance
(DBN)

Bankrupt Ascena Finds Buyer for Justice Brand Justice brand to survive Ascena bankruptcy
(DBN)

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Golf:

Bankrupt Sea Oaks Golf Resort Looks for Buyer
(DBN)

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Transit:

Las Vegas Monorail Bankruptcy Begins, as Government Agency Pursues Acquisition
(DBN)

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Student Debt:

Here’s How To Get Student Loan Forgiveness
(DBN)

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Climate:

Number of global methane hot spots soars despite economic slowdown
(DBN)

Earth has warmest September on record, and 2020 may clinch hottest year
(DBN)

Phoenix has hit 100 degrees on record-setting half of the days in 2020
(DBN)

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Telecoms:

Teleworking in a parking lot, school on a flash drive: Pandemic prompts new urgency for rural internet access.
(DBN)

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Fashion:

Unsuited to new era? Fate of formal fashion hangs by a thread
(DBN)

A Proposal For The Fashion Industry: Could Demand Side Innovation Save Us?
(DBN)

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Hotels:

China, Japan hotel demand rebounding towards normal -Hilton executive
(DBN)

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Environmental:

At federal hearing, community outrage over plan to abandon Exide battery plant
(DBN)

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Maritime:

Bankrupt Hermitage Offshore Auctions Off Fleet
(DBN)

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Credit Reporting:

Wave of Federal Lawsuits Slam Furnishers for “Inaccurate” Credit Reporting of Accounts in Bankruptcy
(DBN)

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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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (94 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)

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Jurisdiction:

FERC seeking vehicle to gain national ruling on role in bankruptcy cases
(DBN)

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SCOTUS:

Supreme Court considers impounded cars in bankruptcy
(DBN)

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Litigation:

Litigation Finance Court Disclosure Remains a Risk
(DBN)

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LLCs:

LLC in Chapter 7 Bankruptcy Not Obligated to Remit State Taxes on Behalf of Out-of-State Members
(DBN)

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Aviation:

Here’s how airplanes are really cleaned during the pandemic
(DBN)

These U.S. airlines are offering pre-flight covid-19 testing - for a price
(DBN)

United Airlines Loses $2.4Bn in Q3
(DBN)

Aviation Firms Took Bailout, Laid Off Workers
(DBN)

Class Actions Seeking Refunds for Flights Canceled Due to COVID Hit Turbulence
(DBN)

Vietnam Airlines reports huge losses
(DBN)

U.S. offers tariff truce if Airbus repays billions in aid -sources
(DBN)

Ryanair cuts winter capacity by a third on new COVID-19 restrictions
(DBN)

Khazanah to liquidate Malaysia Airlines as last resort, turn Firefly into new national carrier
(DBN)

Virgin Australia CEO Paul Scurrah to step down when Bain deal completed
(DBN)

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Mail:

Trash bags of undelivered mail found outside a postal worker's home in Pennsylvania USPS Special Agents Raided Home of QAnon-aligned Mail Carrier Who Allegedly Hoarded and Threw Out Several Bags of Undelivered Mail
(DBN)

Postal Service agrees to reverse service changes
(DBN)

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Utilities:

PG&E to Cut Power to 159,000 Californians as Fire Risk Returns
(DBN)

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Sports:

Barred from attending football games, Nebraska fans to gather indoors for watch party
(DBN)

Florida-LSU game is postponed after Gators' coronavirus outbreak
(DBN)

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Education:

Southern Vermont College in bankruptcy court
(DBN)

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Tech:

YouTube preps for Covid vaccine misinformation with new policies
(DBN)

Trump team makes a suspicious effort to swing the election with purported Hunter Biden emails
(DBN)

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Movie Theaters:

AMC shares tumble as company raises funds, faces cash crunch at year’s end
(DBN)

AMC Entertainment Considers Potential Chapter 11 Filing Amid Increasing Liquidity Needs; Ad Hoc Term Loan Lender Group Contemplates DIP Financing
(DBN)

After Regal, COVID-19 Forces AMC Theater Chain To Consider Bankruptcy: Report
(DBN)

Global Cinema Chains Beg NY Gov. Andrew Cuomo To Open Theaters: “We Understand It’s Difficult”, Press Secretary Says
(DBN)

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Pharma:

U.S. states oppose settlement being negotiated by OxyContin maker Purdue and Justice Department - letter
(DBN)

U.S. Bankruptcy Court authorizes Mallinckrodt's 'First Day' motions under Chapter 11
(DBN)

Old drug becomes "cash cow" after company boosts price to $40,000 per vial, emails show
(DBN)

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Sovereigns:

Will Zambia be first African nation to default during pandemic? Zambia's bonds slump as key payment deadline looms Zambia warns it is preparing for default
(DBN)

Obscenely rich creditors draining poor countries of funds during pandemic
(DBN)

IMF, World Bank marshall forces to push for aid for poorest
(DBN)

G-20 Extends Debt Relief Plan Amid Warnings It’s Not Enough
(DBN)

G-20 Falls Short of Hopes as Poor Nations Offered 6-Month Debt Relief Extension
(DBN)

IMF's Georgieva says private creditors, China need to fully participate in debt relief
(DBN)

Kyrgyzstan in talks with 11 creditors on debt restructuring
(DBN)

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UK:

Potential Personal Liability of UK Directors for Company Debts
(DBN)

English High Court Grants an Anti-Suit Injunction in Favor of Arbitration in Respect of Proceedings Under Foreign Insolvency Legislation
(DBN)

UK firms say 9% of workforce furloughed as end of scheme nears
(DBN)

UK lenders expect rise in mortgage and loan defaults
(DBN)

London stocks slump on lockdown worries, Brexit uncertainty
(DBN)

Frustrated EU to keep pressing for British trade deal EU to continue talks with Britain on trade deal in 'coming weeks' - draft UK needs to make a Brexit call soon: deal or no-deal?
(DBN)

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EU:

Italy and U.K report record coronavirus surges
(DBN)

EU's Second Wave Worse Than the First
(DBN)

European countries push to combat coronavirus second wave without lockdowns
(DBN)

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Canada:

Mind Your Appeal Route: Insolvency Rules Likely to Prevail over Provincial Legislation
(DBN)

WHO warns Canada is facing a ‘second wave’ of coronavirus cases
(DBN)

Canadian Economy’s ‘K-Shaped Recovery’: Lower Earners Face Insolvency While Homeowners' Wealth Soars
(DBN)

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China:

China’s virus response seems to be ‘magic recipe’ for growth, Standard Chartered CEO says
(DBN)

China Thinks America is Losing
(DBN)

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North Korea:

What Trump got right — and wrong — with North Korea, explained by a former intel official
(DBN)

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Germany:

Germany banks brace for post-pandemic bankruptcies
(DBN)

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India:

Bankruptcy framework needs to be made more efficient for developing stressed asset market: CEA
(DBN)

An Indian jewelry brand made a touching ad about an interfaith marriage. Outrage ensued.
(DBN)

Bankruptcy framework needs to be made more efficient, says CEA
(DBN)

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Thailand:

Thailand issues emergency decree to ban gatherings amid huge protests
(DBN)

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France:

Macron announces Paris curfew as covid-19 rises in France
(DBN)

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Asia:

Millions of Middle Class Southeast Asians Are Falling Into Poverty
(DBN)

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Switzerland:

No extension of main relief under COVID-19 Insolvency Ordinance Swiss won't extend pandemic-linked emergency bankruptcy steps
(DBN)

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MENA:

Israel: Government-funded Zombies: Pandemic Grants Keeping Defunct Businesses Afloat
(DBN)

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