September 25, 2020

The Daily Bankruptcy News

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Law:

Billion-Dollar Biglaw Firm Kills Its COVID Salary Cuts
(DBN)

Orrick Rolls Back All COVID-19 Salary Cuts
(DBN)

Weil Offers A New Take On Fall Bonuses — They’re Hours-Based, And They’re HUGE
(DBN)

Are You Helping Or Hindering Your Firm’s Financial Performance?
(DBN)

How Can Law Firms Thank Associates Without 'Throwing Money at Them'?
(DBN)

Morgan Lewis Litigators Share How They Tackled Bias and Won
(DBN)

Disbarred lawyer is convicted even though twin took responsibility for the crime
(DBN)

‘They’re risking our lives’ - law firm staff 'ordered' back to the office
(DBN)

UK: Council closes firm's office after 18 Covid infections
(DBN)

Biglaw Office Shut Down After COVID Outbreak
(DBN)

Seward & Kissel Establishes Commercial Lease and Loan Restructuring Task Force
(DBN)

California Bar OKs Temporary Law Licenses in Place of Bar Exam
(DBN)

Managing a firm of 600 lawyers during a global pandemic
(DBN)

Divorce lawyer Ayesha Vardag bans cardigans and blasts staff for looking like 'pretty young things'
(DBN)

Fired Casino General Counsel Alleges Bosses Told Her She Should've Spoken 'Less Harshly' to Males
(DBN)

Negotiating With A Toddler
(DBN)

Breonna Taylor family lawyer blasts 'sham proceeding' after no officers charged for her killing
(DBN)

Unrest sweeps US after verdict in Breonna Taylor case Seattle cop rolls bike over protester’s head during Breonna Taylor demonstration Seattle cop hit on head with baseball bat as 13 arrested in protests In despair, protesters take to streets for Breonna Taylor Attorneys say officers didn't ID themselves in Breonna Taylor raid
(DBN)

Kentucky AG Botched Law When Explaining Why Cops Weren't Charged for Shooting Breonna Taylor: Criminal Law Professor
(DBN)

No cops were charged with Breonna Taylor’s death. This is how the system was designed.
(DBN)

Napolitano: I Would Have Indicted Those Cops
(DBN)

Kentucky lawmaker who proposed "Breonna's Law" to end no-knock warrants statewide arrested at Louisville protest
(DBN)

Proud Boys rally on Saturday raises concerns of more violence in Portland
(DBN)

Kenosha shooter's defense portrays him as 'American patriot'
(DBN)

Officer Hit By Bullet During 'Ambush' Actually Shot Himself, Say Police
(DBN)

LA Deputies Lied About Arrest of Reporter
(DBN)

AP-NORC poll: Support for racial injustice protests declines
(DBN)

'Why the hell did I do that?': Trump 'went s---house crazy' when criminal-justice reforms failed to improve his polling with Black voters, report says
(DBN)

The Trump administration’s war on birth control
(DBN)

John Yoo: The Man Who Would Make the President King
(DBN)

Trump Calls Bloomberg ‘Criminal’ for Helping Florida Ex-Felons Vote Florida AG Threatens To LOCK HER UP Mike Bloomberg For Cutting Check To Voting Rights Non-Profit
(DBN)

Formerly incarcerated face financial obstacles to voting
(DBN)

Trump again says he may not abide by election results What if Trump loses but won't concede? How a constitutional crisis could play out
(DBN)

U.S. Attorney’s Office Rushed Inaccurate Mail-In Voting ‘Issues’ Alert That Trump Immediately Amplified
(DBN)

DOJ announcement on Pennsylvania ballot investigation baffles election experts
(DBN)

Judge in John Bolton Case Was 'Unimpressed' with NSC Official's Claim That White House Politicized Review of Tell-All Book
(DBN)

Fight over Trump tax returns goes to appeals court — again
(DBN)

Federal Judge Hands Fired FBI Deputy Director Andrew McCabe a Big Procedural Win Against Bill Barr
(DBN)

Judge says 2020 census must continue for another month
(DBN)

Graham Releases New Details on Steele Dossier
(DBN)

How 'law and order' became political code for discrimination
(DBN)

Police tase, arrest woman for refusing to wear mask at school game
(DBN)

Donald Trump Sued by Niece Alleging Fraud Over Family Wills Mary Trump claims in lawsuit that the president and his siblings "swindled" her inheritance Mary Trump sues President and his siblings for fraud, calling it the family 'way of life'
(DBN)

Wells Fargo alleges ‘gamesmanship’ by lawyer who sued after manager reportedly called him N-word
(DBN)

Lawyer for the Doobie Brothers Sent an Absolutely Amazing Legal Threat to Bill Murray
(DBN)

Woman Allegedly Tried to Sell Shotgun Near Grocery Store, Then Used It to Kidnap 80-Year-Old Woman
(DBN)

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Judges:

Passing of the Honorable Helen S. Balick
(DBN)

Trump booed at Supreme Court as he pays respects to RBG Trump made a rare public appearance in DC to pay his respects to RBG. It did not go well.
(DBN)

Democrats prepare bill limiting U.S. Supreme Court justice terms to 18 years
(DBN)

What happens to the law in a world without Ruth Bader Ginsburg?
(DBN)

The commodification of Ruth Bader Ginsburg
(DBN)

Why Amy Coney Barrett’s Religious Beliefs Aren’t Off Limits
(DBN)

FDR tried to pack the Supreme Court during the Depression. It was a disaster for him.
(DBN)

Brief thoughts on court packing
(DBN)

How Ginsburg Went From Equality Trailblazer to #NotoriousRBG
(DBN)

The case for and against filling Ginsburg's seat before the election
(DBN)

What I learned from Justice Ruth Bader Ginsburg
(DBN)

Ruth Bader Ginsburg Remembered As ‘Rock Star’ Who Changed The World For Women
(DBN)

Trump infuses politics into his choice for the Supreme Court
(DBN)

Meet Joan Larsen, a former Democratic volunteer, who is another potential SCOTUS nominee
(DBN)

Judge's faith becomes early flashpoint in Supreme Court fight
(DBN)

Idiosyncratic Originalism of Amy Barrett
(DBN)

The legal theories of Amy Coney Barrett, explained
(DBN)

Top Senate Judiciary Democrat Feinstein says she doesn't 'have the power' to block Trump's Supreme Court nominee
(DBN)

Lawyer censured for sexual innuendos in conversations with judge and judicial assistant
(DBN)

Fleeing Defendant Escapes Court After Bailiff Barely Misses Diving Tackle (VIDEO)
(DBN)

Louisiana Supreme Court Justice Sues Head of Legal Watchdog Group Dedicated to Stopping Abusive Lawsuits
(DBN)

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Wall Street:

Dow futures turn lower as market struggles to avoid losses for the week
(DBN)

S&P 500 erases 2020 gains, tumbles into correction as economic worries mount
(DBN)

Worsening Virus Trends Are Raising Alarms for Stock Investors
(DBN)

The election result the stock market is really afraid of
(DBN)

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Layoffs:

Neiman Marcus Reduces Store Workers Amid Review of Business
(DBN)

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Healthcare:

Number of Uninsured Americans on the Rebound
(DBN)

Heartbreaking Bills, Lawsuit and Bankruptcy — Even With Insurance
(DBN)

Springfield Hospital submits plan for state bailout to court
(DBN)

Trump to sign executive orders on preexisting conditions, surprise medical billing Trump lays out "vision" for health care
(DBN)

Trump Says Elderly to 'Get $200' for Drugs in Bid for Senior Vote
(DBN)

Covid Death Toll Nears 1 Million, But Real Number May Be Double
(DBN)

Herd immunity possible -- but only with horrific death toll
(DBN)

5 vaccine experts told us what they'd need to know before they'd feel comfortable taking a coronavirus shot
(DBN)

Top U.S. health officials tout coronavirus vaccine safety as concerns stir
(DBN)

“It isn’t a question of politics”: Fauci on calling out Sen. Rand Paul’s misinformation
(DBN)

Science Academics Sound Alarm on Political Interference
(DBN)

Sanofi not cutting corners for its coronavirus vaccine despite acceleration: CEO
(DBN)

If Trump bypassed the FDA on a COVID-19 vaccine it could 'upend' the traditional approval structure and erode the public's trust in the executive agency, expert says
(DBN)

AstraZeneca gets partial immunity in low-cost EU vaccine deal
(DBN)

Coronavirus continuing to mutate, study finds, as US cases rise COVID-19 mutation may be evolving to bypass mask-wearing, hand-washing
(DBN)

Men 62% More Likely To Die
(DBN)

Google Maps Now Show Covid Hotspots
(DBN)

Conspiracy theorist Trump supporter who dismissed coronavirus as ‘socialist’ hoax is killed by disease
(DBN)

US experts vow ‘no cutting corners’ as vaccine tests expand
(DBN)

Virus disrupting Rio’s Carnival for first time in a century
(DBN)

For Arab newlyweds, the party goes on until police bust in
(DBN)

Virus's unseen hot zone: The American farm
(DBN)

Iowa fines beef plant $957 after huge coronavirus outbreak
(DBN)

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Economy:

US weekly jobless claims climb to 870,000 as pace of economic recovery slows Weekly Initial Unemployment Claims increased to 870,000 U.S. jobless claims remain elevated in fits-and-starts recovery Jobless claims at 870,000 as fraud and backlogs cloud data U.S. weekly jobless claims increase; labor market recovery slowing A ‘Difficult Reality’: 870,000 Americans Filed For Unemployment Last Week
(DBN)

Unemployment rates by country during COVID-19
(DBN)

More Americans Returned to Work This Month, Census Data Show
(DBN)

Kansas City Fed: "Tenth District Manufacturing Activity Increased at a Slower Pace" in September
(DBN)

Jobless benefits for tens of millions are expiring as Washington moves on
(DBN)

Pay Cuts Become Permanent for Many Americans During Pandemic
(DBN)

'Desperation And Fear' For Millions With Congress Deadlocked Over Pandemic Assistance
(DBN)

'No One Can Live Off $240 A Week': Many Americans Struggle To Pay Rent, Bills
(DBN)

Mnuchin expects to resume talks with Pelosi on new stimulus
(DBN)

The Real Steven Mnuchin
(DBN)

Fed's Powell, Mnuchin see promise in reallocating unused aid
(DBN)

US can stage 'full recovery' by end of 2020 with blockbuster 4th quarter, St. Louis Fed president says
(DBN)

House Democrats prepare new $2.4 trillion stimulus plan with unemployment aid, direct payments U.S. Treasury yields rise as Democrats work on new fiscal stimulus
(DBN)

Stimulus standoff: What could prompt Congress to send more financial aid to Americans
(DBN)

Boosted unemployment benefits didn't incentivize Americans to stay jobless, Fed study shows — diminishing one of Republicans' key arguments against extra payments
(DBN)

Consumer Comfort in U.S. Improves to Highest Since Early April
(DBN)

Mark Cuban: Every household in America should receive a $1,000 stimulus check every 2 weeks for the next 2 months
(DBN)

BoA’s Moynihan: Provide Stimulus To Jobless Americans, Fund PPP
(DBN)

Banks and small businesses look to Congress to streamline PPP forgiveness
(DBN)

Small businesses, vital to economic recovery, are 'suffering,' former Trump adviser Gary Cohn says
(DBN)

The short-term economic impact of a Biden win
(DBN)

Citi: Racism cost U.S. economy $16 trillion
(DBN)

Fewer Bankruptcies. More Startups. One Strange Recession.
(DBN)

She lost her job in the pandemic. She can't afford the dollar store to feed her kids
(DBN)

Trump risk rises for companies
(DBN)

Fiscal effects of COVID-19
(DBN)

Has the Paycheck Protection Program succeeded?
(DBN)

Epidemiological and economic effects of lockdown
(DBN)

Economic Fallout From COVID-19 Continues To Hit Lower-Income Americans the Hardest
(DBN)

When The Office Magic Is Gone And Zoom Calls Don't Cut It
(DBN)

Department of Labor Proposes New Rule Protecting the Right To Be a Gig Worker
(DBN)

Thousands Sue to Block Trump Tariffs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Retailers have started paying rent again but are still fighting with their landlords
(DBN)

New Home Sales increased to 1,011,000 Annual Rate in August U.S. New-Home Sales Climb to 1 Million Rate, Fastest Since 2006 A few Comments on August New Home Sales US new-home sales surge to fastest pace since 2006 as housing market shines through pandemic
(DBN)

Mortgage rates rise amid positive housing news
(DBN)

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Municipalities:

The truth about violent crime in American cities, explained in 11 charts
(DBN)

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Oil/Gas:

The escalating political battle over California's plan for gas-free cars
(DBN)

The Crown Jewel of the Shale Patch Braces for a Biden Ban
(DBN)

Why U.S. oil production won't soar again soon
(DBN)

Banning Gas-Powered Cars Can't Happen Soon Enough
(DBN)

OPEC in Trouble as Oil Outlook Worsens How the Saudis Put OPEC's Future at Stake
(DBN)

Permico finds customers for pipeline, terminal system despite contentious bankruptcy
(DBN)

FTS International cut more than half its workforce ahead of bankruptcy
(DBN)

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Distressed Investing:

Investors Flee Junk ETFs as High-Yield Bonds Erase Gain for Year
(DBN)

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Religion:

Powerful Vatican Cardinal Becciu resigns amid scandal
(DBN)

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Personal Finance:

How this couple retired in their 30s with $1.3 million on a starting income of around $90,000
(DBN)

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Politics:

“We’re gonna have to see what happens”: Trump’s comments about the peaceful transfer of power, explained
(DBN)

Republicans condemn Trump's refusal to commit to peaceful transfer of power Republicans brush aside Trump’s dismissal of a peaceful transfer of power 'There will be an orderly transition': McConnell dismisses Trump's refusal to commit to peaceful transfer Republicans Vow Orderly Election Transition in Rebuke to Trump GOP senators reject Trump's implication about transfer of power without criticizing president Despite Trump attacks, both parties vow orderly election
(DBN)

Trump signals to supporters how to react if Biden wins
(DBN)

‘Everyone sees the train wreck coming’: Trump reveals his November endgame
(DBN)

Fox News Wins Lawsuit By Claiming “Convincingly” No “Reasonable Viewer” Takes Tucker Carlson Seriously
(DBN)

Trump and Melania booed, greeted with 'vote him out' and 'honor her wish' chants as they visited Ruth Bader Ginsburg's casket at the Supreme Court
(DBN)

‘You Bet Your Ass I've Got Regrets.’ As Election Day Nears, More of Trump’s Former Officials Are Speaking Out Against Him Ex-Trump administration officials all seem to agree on one thing: Their former boss is a walking disaster.
(DBN)

Over 200 Generals, Admirals Endorse Biden 489 National Security Experts Endorse Biden
(DBN)

Fox News Poll: Tight race in Ohio, Biden tops Trump in Nevada and Pennsylvania Fox News poll: Biden leads in Nevada, Pennsylvania, Ohio
(DBN)

Biden’s Scranton vs. Park Ave. appeal targets working class
(DBN)

Biden: 77% Chance of Winning
(DBN)

Trump Faces Challenges Even in Red States, Poll Shows, as Women Favor Biden
(DBN)

The Biden blowout scenario
(DBN)

Biden's battleground campaigning could be getting a Supreme Court boost
(DBN)

Biden and Cindy McCain want suburban women to remember they hate Trump
(DBN)

Democrats' mail voting pivot
(DBN)

The two Republican members of the North Carolina State Board of Elections abruptly resign
(DBN)

Trump wishes Prince Harry 'luck,' takes shot at Meghan after they tell Americans to vote
(DBN)

Arguments that mail-in balloting will undermine election are wrong
(DBN)

Courts Extend Vote by Mail in Swing States
(DBN)

Trump May Be Losing His Grip on Farm Country
(DBN)

This Billionaire Governor’s Companies Have Now Reached $140 Million in Lawsuit Settlements and Judgments Over Unpaid Bills
(DBN)

22 Retired 4-Stars Join Nearly 500 NatSec Leaders in Letter Endorsing Joe Biden
(DBN)

GOP Senator ‘More Conservative Than Attila the Hun’ Proposes Wildly Anti-Trans Legislation in Re-Election Bid
(DBN)

33 Christopher Columbus statues have been removed since June
(DBN)

Poll: Majority Want Electoral College Ended
(DBN)

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Climate:

California fire tornadoes had winds up to 125 mph
(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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Force Majeure:

Force Majeure Contract Provisions (Contrasting Court Opinions)
(DBN)

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Sales:

Final Auction Bid, Not Last Credit Bid, Establishes Value of Collateral
(DBN)

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Small Business:

How new 'Subchapter V' can keep Arizona businesses ahead of bankruptcy tsunami
(DBN)

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Aviation:

Aerospace Supplier Impressa and Affiliates File In BK DE - First Day Dec
(DBN)

Boeing Supplier's Bankruptcy Is Latest of Airplane Maker's Woes
(DBN)

Mnuchin says U.S. Treasury cannot act on own to avert airline layoffs
(DBN)

The airlines run out of bailout money in six days. Here’s what happens next
(DBN)

Flying to Hawaii? United Now Has a $250 Coronavirus Test for You
(DBN)

Airbus to hold jet output stable in face of crisis warnings - sources
(DBN)

Canceled flights strand 25 Easter Islanders for 6 months
(DBN)

Struggling Thai Airways opens simulators to public for extra cash
(DBN)

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Education:

Fewer than 1 percent of students, teachers contracted COVID-19 since reopening: study
(DBN)

U.S. colleges saw fewer undergrads enroll this fall, amid COVID-19
(DBN)

Weeks after universities reopened across much of Europe, thousands of students are in quarantine
(DBN)

Feinstein's husband influenced UC admissions in 'problematic' way, state auditor confirms
(DBN)

Telling the Truth About Slavery Is Not 'Indoctrination'
(DBN)

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Sports:

Pac-12 football will resume November 6
(DBN)

Becker pleads not guilty to a string of charges related to bankruptcy case
(DBN)

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Food/Beverage:

Olive Garden's Times Square restaurant is burning through $300,000 every week, as New York City restaurants await the return of indoor dining
(DBN)

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Mail:

Postal workers say they are ready for the mail-in voting surge
(DBN)

Internal USPS documents link changes behind mail slowdowns to top executives
(DBN)

DeJoy Tells Judge Mail-Sorting Machines Can’t Be Reassembled
(DBN)

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Retailing:

These 27 retailers could file for bankruptcy as pandemic roils the industry
(DBN)

Marble Ridge unit says Neiman Marcus can’t prove losses in bankruptcy litigation
(DBN)

The JCPenney Enigma Continues
(DBN)

'It's like being in a sci-fi nightmare film': Whole Foods employees say Amazon workers are crowding stores, ignoring virus protocols, and hounding them for help as online orders surge
(DBN)

Party City to open 91% fewer Halloween pop-ups this year
(DBN)

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Tech:

Facebook to reject political ads that prematurely claim election victory
(DBN)

Facebook issues warning about Russian 'hack-and-leak' operations ahead of the 2020 election
(DBN)

TikTok judge tells U.S. to postpone ban or file brief by Friday
(DBN)

Coronavirus Is Teaching Me What I Can’t Do Online
(DBN)

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Autos:

Garrett Motion Bondholders Said to Discuss Rival Bankruptcy Loan
(DBN)

President Trump considering intervention to help Delphi retirees who lost pensions in 2009
(DBN)

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Fraud:

Banks Report Record Spike in Fraud as U.S. Business-Aid Flows
(DBN)

Here's what life is like in the prison where Lori Loughlin will serve her 2-month sentence in the college-admissions scandal
(DBN)

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Pharma:

Trump’s Vaccine Czar Refuses to Give Up Stock in Drug Company Involved in His Government Role
(DBN)

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Utilities:

The Electrifying Cost of Going Bankrupt: A Look At PG&E's Fees
(DBN)

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UK:

Sunak Leaves the U.K. Jobs Market Facing a Harsh Reality U.K. Plc Greets Sunak Plan With Relief, Demands for More Action Wage subsidies welcome but ‘equally bold’ action needed on household costs There won't be room for everyone on Sunak's lifeboat Sunak Says Many More U.K. Jobs Will Go Despite Crisis Support
(DBN)

JPMorgan’s Blessing Signals More Brexit Moves After ‘First Wave’
(DBN)

Londoners Carry on Driving After Government Urges Work-From-Home
(DBN)

Wealthy Britons step up citizenship shopping to thwart Brexit
(DBN)

UK Rolls Out New Stimulus Plan – Wage Subsidies For Workers, Eased Loan Terms For Businesses
(DBN)

U.K. Reports Most New Coronavirus Cases Since Pandemic Started
(DBN)

Resetting UK Retail: Response to COVID-19
(DBN)

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PIIGS:

Spain says ‘tough weeks’ ahead as Madrid hit hard by virus Madrid Brushes Aside Sanchez’s Request to Lock Down
(DBN)

Migrants accuse Greece of pushing them back out to sea
(DBN)

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MENA:

Israel: Gov't approves total coronavirus lockdown starting Friday
(DBN)

Dubai-listed Arabtec Holding hires AlixPartners for debt advisory
(DBN)

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France:

Record infections in France as restrictions spark outcry
(DBN)

French restaurant owners protest new closures in COVID-19 fight
(DBN)

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Thailand:

Protests in Thailand could ‘derail’ its economic recovery, warns Nomura
(DBN)

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India:

$6 billion telecom bankruptcies left hanging in India as ministries argue
(DBN)

India Allows Extension of Bankruptcy Filings for Three Months
(DBN)

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Australia:

Australia’s Federal Government Embraces a Debtor-in-possession Mindset as Part of Its Further Insolvency Reforms Amid the Pandemic
(DBN)

Covid-19 Safe Harbour – I Just Spent Six Months In A Leaky Boat
(DBN)

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China:

Evergrande Faces Crisis of Confidence Over $120 Billion Debt
(DBN)

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