October 22, 2020

The Daily Bankruptcy News

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Law:

Akin Gump Surprises Associates With ‘Good News’: Fall Bonuses!
(DBN)

Not Surprising, But Still Disappointing: Another Biglaw Firms Denies Associates Fall Bonuses
(DBN)

It’s Time For A Serious Inquiry Into State Bar Examiner Behavior
(DBN)

Florida Law Firm’s Deception Claims Against Bankruptcy Co-Counsel Revived
(DBN)

Fox Rothschild Shakes Off Sex Bias Claims From Former Assistant
(DBN)

Harvard Law School Says No To In-Person Classes For The Spring • Harvard Law Will Remain Online in the Spring. Will Others Follow?
(DBN)

Knowing when to tell your client no and discussing other ethical dilemmas
(DBN)

Suit by California law grad alleges school had ‘policy of indifference’ to rampant sexual misconduct
(DBN)

Law School Grads See Best Job Outcomes In 12 Years — But Not Black Grads
(DBN)

Black and Native American Law Grads Left Behind on Employment • Black law grads trail in employment overall and in bar-passage-required jobs, new NALP report finds
(DBN)

New Data on Racial Disparities in Lawyer Hiring Is 'Wake-Up Call' for the Profession
(DBN)

BigLaw partner settles suit alleging rape by bartender
(DBN)

Is Jeffrey Toobin’s Career Over Thanks To His Zoom M----------- Incident?
(DBN)

Attorneys at Trump Campaign's Law Firm Have Donated $90,000 to Joe Biden, Almost Nothing to the President
(DBN)

Meadows tempers expectations of Hunter Biden probe
(DBN)

Job on the line, FBI director Wray threads needle on controversial issues
(DBN)

Trump Weighs Firing Wray, Barr After Election
(DBN)

Rudy Giuliani’s Initial Claim That He 'Foiled' Sacha Baron Cohen's 'Borat' Prank Appears to Have Fallen Apart • Rudy Giuliani faces questions after compromising scene in new Borat film • Giuliani Claims ‘Borat’ Fabrication Ahead of Film’s Release
(DBN)

Giuliani Decides To Turn Alleged Kiddie P--- Over To Cops After All
(DBN)

Embarrassing DOJ Quarantine Screw-Up Throws Wrench into Hostile Takeover of E. Jean Carroll’s Lawsuit Against Trump
(DBN)

19 women have accused Trump of sexual misconduct. Here's what their stories have in common.
(DBN)

Apollo CEO Leon Black seeks outside review of his ties with Epstein • Leon Black’s Ties To Noted Sex Criminal Totally Innocent And Definitely Not Problematic, But Apollo Global Will Have A Look-See Anyway
(DBN)

Lawsuit Targets Trump and AG Barr Over Allegedly Illegal and 'Violent' Efforts to Sway the 2020 Election
(DBN)

‘Smells Like Classic Whistleblower Retaliation’: Texas AG Fires Top Aide Who Accused Him of Bribery and Abuse of Office
(DBN)

Officer Who Returned Fire in Breonna Taylor Shooting Reveals What He Would Have Done Differently • Louisville Cop: Breonna Didn't Deserve to Die
(DBN)

Threatening emails sent to Dem voters in three swing states, sparking investigations
(DBN)

U.S. Says Russia And Iran Obtained Voter Registration Data To Interfere With Election • U.S. says Iran behind threatening emails sent to Florida Democrats
(DBN)

Maryland Man Faces Federal Charge For Threatening Former VP Joe Biden, Sen. Kamala Harris With Kidnapping, Sexual Assault, Murder • Man Made Graphic Threats Against Joe Biden, Kamala Harris in Letter Dropped Off on Supporter's Doorstep: DOJ
(DBN)

Lawyer accused of threat to have opposing counsel’s ‘rear end sanctioned’ faces ethics complaint
(DBN)

U.S. Support for Same-Sex Marriage Matches Record High
(DBN)

______________

Judges:

9 ways to reform the Supreme Court besides court-packing
(DBN)

House Majority Whip Says Amy Coney Barrett Will Bring Supreme Court Back to Segregation Era, Dred Scott Decision
(DBN)

Quinn Emanuel Leads Investigation of Faith Group Tied to Amy Coney Barrett
(DBN)

Revealed: ex-members of Amy Coney Barrett faith group tell of trauma and sexual abuse
(DBN)

Republicans Poised to Move Barrett Onto Supreme Court in Days
(DBN)

Trump-Allied Groups Pour $30 Million Into Barrett Confirmation
(DBN)

Democrats to boycott committee vote on Barrett nomination to the Supreme Court
(DBN)

High court split in Pennsylvania case portends Barrett's pivotal role
(DBN)

Plaintiff and defendant from Obergefell v. Hodges unite to oppose Barrett's confirmation
(DBN)

______________

Wall Street:

Stock futures fall slightly amid stimulus and election uncertainty
(DBN)

S&P ends choppy session lower as U.S. stimulus talks drag on
(DBN)

As U.S. election odds narrow, market analysts factor in higher risks
(DBN)

______________

Layoffs:

HSBC to cut up to 300 jobs in UK commercial banking overhaul, source says
(DBN)

Exxon Mobil to workers: Job cuts are coming
(DBN)

______________

Retailing:

Holiday shoppers are crossing themselves off of the gift list, trade group says
(DBN)

Ann Taylor Parent Gets Higher Bid for Tween Brand Justice
(WSJ)

NJ Judge Gives Nod To Sur La Table's Ch. 11 Plan
(DBN)

A&G Completes Bankruptcy Sale of Stage Stores' Texas Distribution Center and Other Real Estate Assets
(DBN)

Hermes Sees Luxury Demand Recover From Pandemic Freeze
(DBN)

Bloomingdale’s Tries to Keep Covid From Stealing Christmas
(DBN)

____________

Publishing:

Former owner of Riverfront Times, St. Louis Magazine files for bankruptcy
(DBN)

____________

Fraud:

Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal
(DBN)

____________

Healthcare:

Bankruptcy judge authorizes sale of Astria Regional, medical office building in Yakima
(DBN)

Doubling of debt in 2009 sowed seeds of bankruptcy for LRGHealthcare
(DBN)

“We just don’t know what’s happening in our bodies”: Covid-19 long-haulers are still suffering
(DBN)

Older Covid Patients Battle Brain Fog
(DBN)

CDC shortens window of exposure for contact with Covid-19 patients • The CDC Just Changed The Definition Of ‘Close Contact’ To Someone With Covid-19
(DBN)

CDC says nearly 300,000 excess American deaths have occurred during pandemic
(DBN)

Many U.S. coronavirus deaths were avoidable
(DBN)

Why optimism could be unhelpful in a pandemic, according to behavioural experts
(DBN)

CDC warns of 'distressing trend' in Covid-19 cases as country heads into fall
(DBN)

Only 24% of Trump supporters view the coronavirus outbreak as a ‘very important’ voting issue
(DBN)

Global COVID-19 Cases Surge to Unprecedented Highs
(DBN)

CDC: 75 percent of US seeing increases in COVID-19 cases in 'critical phase' of pandemic
(DBN)

Chris Christie: Wear a mask "or you may regret it — as I did"
(DBN)

Virus spikes have officials looking to shore up hospitals
(DBN)

Minorities’ Covid Risk Unlikely Due to Genetics, Report Says
(DBN)

America’s third Covid-19 surge is here. It was predictable — and preventable.
(DBN)

Covid infection rates will rise in NY and U.S. as state fights ‘microclusters’
(DBN)

What “home for the holidays” means during a pandemic
(DBN)

Trump’s new attack: Biden “wants to listen to Fauci”
(DBN)

Trump Presented CBS With Book On His Health Care Record – Opened To A Blank Page
(DBN)

AstraZeneca shares turn negative after Brazilian health authority says volunteer in Covid vaccine study dies • AstraZeneca close to restarting Covid-19 vaccine trial in U.S.
(DBN)

Next up in hunt for COVID-19 vaccine: Testing shots in kids
(DBN)

Coronavirus vaccine could be widely available by June 2021, head of Operation Warp Speed says
(DBN)

Gov. Andrew Cuomo on Covid: ‘You can feel fear, but acting on it is different’
(DBN)

More than 7 in 10 Gen-Zers report symptoms of depression during pandemic
(DBN)

Coronavirus likely to become as ‘endemic’ as the flu and a vaccine might not be able to stop it, top UK scientist says
(DBN)

‘I wish there were more and better protections’: Do you feel unsafe going to work because of COVID-19? Here are your options
(DBN)

Why the U.S. doesn’t have an at-home coronavirus test yet
(DBN)

The EPA Refuses to Reduce Pollutants Linked to Coronavirus Deaths
(DBN)

____________

Religion:

"I stood up for that": Pope Francis voices support for same-sex civil unions • Pope Francis endorses same-sex civil unions for the first time ever
(DBN)

____________

Rail:

Amtrak Warns of Layoffs and Project Delays Without Billions in Assistance
(DBN)

____________

Museums:

A $4 Million Ford Foundation Gift Is One Museum’s ‘Survival’
(DBN)

____________


Economy:

Insana: Kudlow is wrong, this is not a V-shaped recovery
(DBN)

Fed's Beige Book: "Slight to modest" Growth in Economic Activity
(DBN)

Tracking America's Economic Recovery
(DBN)

Dr. Zeke Emanuel says this is what it will take to fully reopen the U.S.
(DBN)

U.S. economy recovering slowly, but some sectors struggling: Fed survey
(DBN)

Fed Saved Economy at Expense of Retirees
(DBN)

Covid Forced the World to Change in Ways We May Keep
(DBN)

‘I felt so afraid’: Young people adjust to a new reality as job prospects fade
(DBN)

A Fed official who could be Biden’s Treasury secretary says Congress needs to pass stimulus • Senate Democrats block GOP’s $500 billion coronavirus aid bill as Pelosi-Mnuchin talks continue • Trump slams Democratic leaders as hopes for pre-election stimulus deal fizzle • Why a Senate vote on stimulus has failed, again • Stimulus package is unlikely to get through Congress before the election, Goldman Sachs says • Pandemic relief faces uncertainty in postelection session • Hope for a Covid relief deal lives on • White House pushing for stimulus deal within next 48 hours • Mnuchin is a man alone as Senate Republicans dig in against stimulus deal • Pelosi, Mnuchin to talk stimulus again as Trump hints at failure
(DBN)

With no stimulus in sight, much of America’s temporary financial safety net is set to expire Dec. 31
(DBN)

Recovery may slow as ‘steroid of fiscal stimulus’ fades: JPMorgan Asset Management
(DBN)

Kevin O’Leary: give stimulus to the people who need it, not ‘zombie companies’
(DBN)

Nearly 1 million people have run out of unemployment payments: analysis
(DBN)

Fed’s Brainard says failure of Congress on another fiscal stimulus bill would lead to ‘slower and weaker recovery’
(DBN)

How Trump and Biden economic and tax plans differ in ways that could impact Main Street
(DBN)

Two months later, some states still haven’t paid $300 unemployment boost
(DBN)

‘Every recession, there’s a massive bailout given to corporations and CEOs’: Stockton mayor Michael Tubbs says basic income payments can help bail out Americans
(DBN)

Universal basic income is the wrong answer for workers hurt by a changing job market
(DBN)

Working from home is corroding our mental health — and it’s getting worse
(DBN)

IMF Says Asia Faces Long Recovery Slog Even as China Grows • Asia's Worst Recession in Living Memory
(DBN)

LA Area Port Traffic: Strong Imports, Weak Exports in September
(DBN)

Trump's Trade War: The Results so Far
(DBN)

Foxconn's Wisconsin Factory Isn't Real
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Banks Sue Over Oregon’s Foreclosure Moratorium
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Will remote work change central business districts?
(DBN)

AIA: "Architectural billings slowdown moderated in September"
(DBN)

Can my landlord still try to evict me? 4 lingering questions about the CDC’s eviction moratorium
(DBN)

Trump’s failed Atlantic City development is being demolished
(DBN)

Hamptons Home Prices Soar to a Record in Rush for Beach Retreats
(DBN)

____________

Municipalities:

"COVID’s Impact on State and Local Governments"
(DBN)

____________

Oil/Gas:

GM dives full-throttle into electric
(DBN)

Are You Ready for $6 a Gallon Gasoline?
(DBN)

GM launches $113,000 electric Hummer — which sells out in 10 minutes
(DBN)

Oil Holds Near $40 After Falling on Surprise Fuel Stockpile Gain
(DBN)

____________

Politics:

How Biden — or Trump — could win 270 electoral votes
(DBN)

Biden is winning the Catholic vote by 12 points, EWTN-RealClear Opinion poll finds
(DBN)

How Biden’s war chest has exceeded Trump’s — in one chart • Trump Reportedly Donated Just $8K to His Own Campaign as Biden Holds Massive Cash Advantage • Trump Campaign Has Just $63 Million Left
(DBN)

Six former secretaries of Commerce endorse Joe Biden
(DBN)

Trump Job Rating Steady; Other Mood Indicators Tick Up
(DBN)

56% of U.S. Voters Say Trump Does Not Deserve Reelection
(DBN)

Wall Street donors keep their distance from cash-strapped Trump in campaign’s final days
(DBN)

How remote work has changed discussing politics in the virtual office
(DBN)

Dallas County Democratic Party Says Campaign Signs Were Set On Fire At HQ
(DBN)

Poll: 92% of battleground state voters are "extremely motivated to vote"
(DBN)

SurveyMonkey poll: Young voters' red-state blue wall
(DBN)

Large Shares of Voters Plan To Vote a Straight Party Ticket for President, Senate and House
(DBN)

Key facts about Black eligible voters in 2020 battleground states
(DBN)

West Virginia residents pack polling places for early voting • More than 75,000 voted in-person in Wisconsin on 1st day
(DBN)

Poll: Biden, Trump locked in tight race for Iowa • Polls show Biden and Trump deadlocked in Texas, Biden up by 8 in Pennsylvania • Where Texas Could Actually Turn Blue in 2020 • Biden up 10 points in Pennsylvania, neck-and-neck with Trump in Florida: poll • A Biden Landslide? Some Democrats Can’t Help but Whisper • Kansas GOP frustrated as money rolls in for Democrat; Senate race tightens
(DBN)

Shouting matches, rallies, guns: Tensions high at polling sites
(DBN)

What’s the same and what’s different about the polls this time
(DBN)

Is it safe to vote in person? Experts say yes — with a few conditions •  Actually, Americans Do Want to Wear Masks to Vote
(DBN)

President blames Hillary for his microphone cutting out at MAGA
(DBN)

Obama goes full throttle • In rare gloves-off moment, Obama calls on voters to hand Trump a clear defeat • Obama Calls Trump Presidency A Failure In Fiery Speech
(DBN)

Mitt Romney did not vote for Trump in 2020 election
(DBN)

Trump the dancer? His moves to ‘YMCA’ at rallies are a hit
(DBN)

U.S. weighs labeling leading human rights groups ‘anti-Semitic’
(DBN)

Signed, Sealed, Delivered—Then Discarded
(DBN)

Michigan GOP Scores Appellate Win Against Voter Transportation
(DBN)

U.S. Supreme Court Stops Alabama Counties From Using Curbside Voting
(DBN)

Iowa Supreme Court sides with GOP in absentee ballot requests ruling
(DBN)

Pennsylvania’s New Vote-by-Mail Law Expands Access for Everyone Except the Poor
(DBN)

Why Does President Trump Have a Chinese Bank Account?
(DBN)

“America First” Will Leave America Behind
(DBN)

____________

Climate:

Retrofitting homes could be vital if governments want to hit emissions targets
(DBN)

Poll shows strong backing for Biden's $2 trillion climate plan
(DBN)

Scientists: Capitalism to Ruin Earth by 2050
(DBN)

____________

Fitness:

Equinox Taps Kirkland & Ellis, Centerview for Debt Advice
(DBN)

____________

Pharma:

OxyContin maker Purdue Pharma to plead guilty to 3 criminal charges • Justice Department Announces Global Resolution of Criminal and Civil Investigations with Opioid Manufacturer Purdue Pharma and Civil Settlement with Members of the Sackler Family • Purdue Pharma admits to crimes for its OxyContin marketing. But no one is going to prison. • 'The DOJ Sold Victims Out': Experts Criticize Purdue Pharma Settlement as State AGs Promise More Action • Critics Rage as Purdue Pharma Settlement Won’t Send Sacklers to Jail • DOJ Lets Opioid Ghouls at Purdue Pharma Off With a Slap on the Wrist • Remarks by Deputy Attorney General Jeffrey A. Rosen on the Resolution of Civil and Criminal Investigations into Purdue Pharma and the Sackler Family
(DBN)

Purdue Pharma Plea Offers Little Solace to Survivors of Opioid Crisis
(DBN)

Purdue Pharma Reaches $8B Opioid Deal With Justice Department Over OxyContin Sales • OxyContin maker Purdue Pharma may settle legal claims with a new ‘public trust’ that would still be dedicated to profit
(DBN)

In emails, Sacklers fret over wealth, opioid business
(DBN)

Pharmaceutical Giant Mallinckrodt Bankruptcy Threatens Lawsuit Filed by Local Unions and Delaware Valley Health Care Coalition, Worth Hundreds of Millions of Dollars
(DBN)

____________

Navigation:

Troubled ELD provider Rand McNally sold out of bankruptcy
(DBN)

____________

Agribusiness:

West Coast Farmers Had a Hellish Summer. It Might Not Be an Aberration.
(DBN)

____________

Gig Economy:

Survey reveals pandemic's toll on gig workers
(DBN)

____________

 
New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (60 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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:

Asia defies dire predictions of a massive spike in corporate bankruptcies
(DBN)

______________

DIP Finance:

Bankruptcy Court Denies Proposed DIP Financing Despite Entire Fairness of Process and Price
(DBN)

____________

Aviation:

American Airlines reports $2.4 billion net loss in third quarter, cuts cash burn
(DBN)

Southwest Airlines posts biggest-ever loss as coronavirus slams demand
(DBN)

British Airways Owner IAG To Operate Just 30% Of Flights For The Rest Of 2020
(DBN)

Europe's Airlines Barely Surviving, Recovery Hopes Fading
(DBN)

Mideast air traffic to fly back to 45% of pre-Covid levels in 2021
(DBN)

Potential owners of Jet Airways are looking at a 90% plus stake, offer remnants to lenders
(DBN)

IATA Sounds Alarms over Africa and Middle East
(DBN)

____________

Education:

San Francisco public schools likely won't reopen before the end of the year
(DBN)

Boston and Chicago send students back home for online learning
(DBN)

____________

Student Debt:

Almost all school loan forgiveness claims rejected
(DBN)

Billionaire Who Promised To Pay Off Morehouse Grads’ Student Loans Avoided Prosecution For Tax Crimes
(DBN)

8 Leading Student Loan Forgiveness Proposals If Democrats Win In November
(DBN)

____________

Sports:

Pandemic World Series draws smallest crowd in over century
(DBN)

NFL could push back Super Bowl 'as far as 4 weeks' if necessary, Packers CEO says
(DBN)

Manchester United loss widens as COVID hits sales
(DBN)

____________

Tech:

Apple’s services success story relies on massive payments from Google
(DBN)

Judge Says Injury ‘Speculative’ in Trump’s Bid to Crack Down on Social Media
(DBN)

____________

Theme Parks:

Disneyland Closure Extended for Months; Businesses Face Bankruptcy
(DBN)

____________

Food/Beverage:

Band of Bohemia, the nation’s only Michelin-starred brewpub, files for bankruptcy
(DBN)

Chipotle profit falls on higher coronavirus-related expenses
(DBN)

Famed Chef Stephanie Izard Is Combating Pandemic Losses With Packaged Goods
(DBN)

____________

Movie Theaters:

Regal shuttered 500 theaters two weeks ago, now it’s opening up 11 in New York
(DBN)

____________

Mail:

Government watchdog knocks Postal Service for operational changes
(DBN)

____________

Banking:

U.S. banks sweat regulatory exposure from pandemic loans
(DBN)

Key player in Bridgeport bank case seeks to exhume bank prez’s body, is locked up for contacting widow
(DBN)

____________

Sovereigns:

S&P Cuts Zambia to Default After Eurobond Payment Missed
(DBN)

____________

UK:

Bank of Mum and Dad at growing risk of default
(DBN)

Covid Drags 2 Million More U.K. Adults Into Financial Troubles
(DBN)

U.K.’s Sunak to Give More Help to Businesses in Virus-Hit Areas
(DBN)

Wales to Nationalize Rail Network Hit by Covid Effects
(DBN)

Sir Philip Green gave his 'word as a billionaire and knight of the realm' that he would sort out £571million BHS pension deficit when he sold chain for £1, court hears
(DBN)

Daily UK Covid-19 cases
(DBN)

Brexit trade talks resume but Britain warns a deal is far from certain
(DBN)

____________

EU:

Europe’s new Covid-19 wave, explained
(DBN)

Europe Facing Dearth of Medical Staff in Test of Virus Readiness
(DBN)

Half of Europe’s Smaller Businesses Risk Bankruptcy Within Year
(DBN)

The State of the Unions
(DBN)

____________

PIIGS:

Pandemic Out Of Control in Parts of Spain, Health Minister Says
(DBN)

____________

Canada:

Quebec business owners anxious to know if they can reopen after Oct. 28
(DBN)

____________

Hong Kong:

Hong Kong Consumer Prices in Worst Deflation Run Since 2009
(DBN)

____________

Sweden:

Sweden Faces Economic Risk of Spending Too Little Now
(DBN)

____________

MENA:

UAE amends bankruptcy law to cover pandemic situations
(DBN)

Countries waiting to see if Trump wins before moving on Israel normalization
(DBN)

____________

Germany:

Germany’s New Coronavirus Cases Jump to a Record of 12,331
(DBN)

Why Germany’s coronavirus strategy might come back to haunt it
(DBN)

____________

France:

France becomes 2nd Western European country to top 1M coronavirus cases
(DBN)

____________

Switzerland:

Swiss fear rise in COVID-19 cases could overburden hospitals
(DBN)

____________

China:

China and U.S. economies diverge over coronavirus response
(DBN)

What Life Looks Like in an (Almost) COVID-Free Country
(DBN)

____________

South Africa:

South Africa Sounds Alarm Over Resurgence in Virus Cases
(DBN)

____________

Indonesia:

Indonesia Considers Opening Its Borders to Foreign Travelers
(DBN)

____________

Australia:

How will the COVID-19 Extension of Temporary Changes to Insolvency Laws Impact Your Business?
(DBN)

Lygon Street overtaken by 'For lease' signs amid Melbourne's coronavirus lockdown
(DBN)

Alternative Option for Creditors – Impact of The “Temporary Insolvency and Bankruptcy Protections” Under the Coronavirus Economic Response Package Omnibus Act 2020 (CTH)
(DBN)

____________

India:

India Has Set Aside $7 Billion to Vaccinate the World’s Second Biggest Population
(DBN)

India to Restore Most Visas as Modi Opens Up Economy
(DBN)

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