September 28, 2020

The Daily Bankruptcy News

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Law:

Divided DC appeals court announces bar exam waiver as 1 option for licensing
(DBN)

California Approves Temporary Law Licenses Which, With $3, Will Get You A Cup Of Coffee
(DBN)

Cooley Got The Bonus Party Started But Doesn’t Sound Like They’ll Be Following The Leader
(DBN)

Winston & Strawn Strengthens Bankruptcy and Restructuring Capabilities with Addition of James T. Bentley
(DBN)

 Big Law's Associate Bonus Battle Started Early This Year—but the Casualties May Not Be Worth It
(DBN)

How to empower working moms during the coronavirus pandemic
(DBN)

The U.S. Dominates At The Richest Law Firms In The World
(DBN)

The Global 100: The Richest Law Firms In The World (2020)
(DBN)

Law Firm Culture Will Determine Whether Younger Attorneys Sink, Swim or Simply Float Away
(DBN)

Southern Nevada attorney on a mission to destigmatize bankruptcy
(DBN)

'Law Firms Simply Do Not Need the Physical Space They Currently Occupy'
(DBN)

Arizona Firms Quietly Explore Opportunities From Ownership Rules Change
(DBN)

Demand grows for Kentucky AG to release the grand jury report in the Breonna Taylor case Witness Changed Story on Whether He Heard Police Announce Themselves in Breonna Taylor Raid: Report Attorney for Sgt. Jon Mattingly Releases Body Cam Video Recorded After Breonna Taylor Shooting Video Shows Pickup Truck Driver Ramming into Protester During Breonna Taylor Demonstrations in Hollywood Ballistics Doesn't Support Taylor Case Claims
(DBN)

Affluent Orange County town roiled by police killing of Black homeless man
(DBN)

Kenosha Cop on Why He Shot Jacob Blake
(DBN)

'Not by accident': False 'thug' narratives have long been used to discredit civil rights movements
(DBN)

The Giant Proud Boys Rally That Wasn't
(DBN)

Car drives through dueling demonstrations between Black Lives Matter protesters, counter-protesters in Yorba Linda
(DBN)

Video shows NYPD charge at, arrest protesters amid outdoor diners in NYC
(DBN)

America on edge as unrest rises
(DBN)

Bill Barr Intervened to Overrule Federal Prosecutor Who Said D.C. Police Arrested Protesters Without Any Evidence of Wrongdoing
(DBN)

Sitting Federal Prosecutor Says Bill Barr’s ‘Unprecedented Politicization’ of AG’s Office Has ‘Brought Shame’ on the DOJ
(DBN)

Attorney General Bill Barr Directly Implicated in Discarded Ballot Chaos Amplified by Trump and White House
(DBN)

Neal Katyal Calls Out Justice Department's 'Incredibly Ugly' Politicization as Election Nears: DOJ Should be Renamed 'Barr and Trump LLP'
(DBN)

Circuit Judges Treat Trump's Arguments Against Manhattan DA's Subpoena for Tax Returns Like Nonsense
(DBN)

Emails Show Rod Rosenstein's Fingerprints Were All Over Secret DOJ Memo Against Charging Trump with Obstruction
(DBN)

Federal Judge Refuses to Dismiss Peter Strzok and Lisa Page's Lawsuits Against DOJ Over Release of Texts: 'Pour Yourself Another Cup of Coffee...'
(DBN)

Fired Deputies Claimed They Didn't Know It Was Illegal to Lie on Reports: Transcripts
(DBN)

Quarterback Joe Montana and Wife Jennifer Wrestled Grandchild Away from Alleged Kidnapper: Report
(DBN)

Lawmakers Say It’s ‘Clear’ Detainees at ICE Facility Had ‘Unnecessary Medical Procedures Done Without Their Knowledge or Consent’
(DBN)

Suspect Grabbed Officer's Gun in Police Lobby, and Shot at Him: Cops
(DBN)

NY Times Trump Tax Story Has Enough Information to Justify New Special Counsel, Says Former Prosecutor
(DBN)

Federal Judge Removes Trump’s Public Lands Chief, Ruling Appointment Was ‘Unlawful’ Attempt to Avoid ‘Constitutional Requirements’
(DBN)

'That Turns the Constitutional Order Upside Down': Appeals Court Resurrects Lawsuit to Stop Trump from Diverting Funds to Border Wall
(DBN)

Chaos and gunfire erupts at haunted house near Charlotte amid multiple fights, NC cops say
(DBN)

Donald Trump, facing financial ruin, sought control of his elderly father's estate - leading to an epic family fight
(DBN)

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Judges:

A GOP group accused of disrespecting the memory of RBG, hijacking her nickname and selling 'Notorious ACB' t-shirts supporting Amy Coney Barrett
(DBN)

Revisiting Amy Coney Barrett Statements About Abortion Rights What Amy Coney Barrett on the Supreme Court would mean for abortion rights
(DBN)

How Amy Coney Barrett on the Supreme Court could affect LGBTQ rights
(DBN)

Amy Coney Barrett pays homage to mentor Antonin Scalia — ‘His judicial philosophy is mine too’
(DBN)

Koch network launches campaign to confirm Trump Supreme Court nominee Amy Coney Barrett in Senate
(DBN)

Amy Coney Barrett: A New Feminist Icon
(DBN)

Barrett Signaled Willingness to Go Farther on Guns Than Scalia
(DBN)

Amy Coney Barrett, Supreme Court Nominee, in Her Own Words
(DBN)

How it happened: From law professor to high court in 4 years
(DBN)

Conservative Trump Critic George Conway Says New Supreme Court Nominee is 'Eminently Qualified'
(DBN)

Trump praises Judge Amy Coney Barrett’s ‘sterling credentials’ as he nominates her to the Supreme Court Amy Coney Barrett Picked by Trump to Push Court to Right Who is Amy Coney Barrett, Trump’s nominee to the Supreme Court?
(DBN)

The false link between Amy Coney Barrett and The Handmaid’s Tale, explained
(DBN)

Barrett could be Ginsburg’s polar opposite on Supreme Court
(DBN)

Barrett’s Husband Faces Career Quandary After Top Court Pick
(DBN)

Sen. Lindsey Graham lays out a swift schedule for confirming Trump’s Supreme Court nominee
(DBN)

Political Groups Begin Dueling Over Barrett in a Costly Clash
(DBN)

How losing RBG could shape criminal justice for years to come
(DBN)

The Senate could confirm Amy Coney Barrett to Supreme Court just days before Election Day, with hearings beginning Oct. 12
(DBN)

Ruth Bader Ginsburg’s Personal Trainer Does Push-Ups In Front Of Her Casket
(DBN)

The Power Of Stories: RBG’s Legacy And The Lawyer Mom Owner Virtual Summit
(DBN)

Congress Introduces First Supreme Court Term Limits Bill!
(DBN)

Liberals in Limbo as RBG Death Leaves No Successor, Few Options
(DBN)

Waco Minister Retracts Claim That His Prayer Killed RBG
(DBN)

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Wall Street:

Dow futures surge more than 350 points following a 4-week losing streak
(DBN)

Stocks rally to end bitter week; dollar up the most since April
(DBN)

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Layoffs:

Workers furloughed at Remington Arms ahead of bankruptcy sale
(DBN)

Neiman Marcus is notifying employees of a new round of staff cuts
(DBN)

Mitsubishi Motors to cut 500-600 jobs to reduce costs: sources
(DBN)

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Telecoms:

Analysts upbeat over Windstream bankruptcy exit, Uniti dispute's end
(DBN)

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Cruise Lines:

Barclays Foolishly Upgrades Cruise Stocks, Even With Bankruptcy Risk
(DBN)

____________

Celebs:

Tennis Star Boris Becker Could Face 7 Years in Jail Over Bankruptcy Charges Boris Becker pleads not guilty to criminal bankruptcy claims in London
(DBN)

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Agribusiness:

Under weight of debt and lower sales, Chester County mushroom grower files Chapter 11 bankruptcy
(DBN)

____________

Solar:

Assets from big Hawaii solar company gone bankrupt hit auction block
(DBN)

____________

Utilities:

Nearly 200,000 Californians in the dark as more wildfires erupt
(DBN)

Can PG&E Keep The Lights On?
(DBN)

California utility implements preemptive blackouts. Should more Oregon utilities have done the same?
(DBN)

___________


Economy:

Q3 GDP Forecasts
(DBN)

U.S. business spending digging out of deep hole; outlook uncertain
(DBN)

Poll: Half of Americans who lost their job during the pandemic still don’t have one
(DBN)

Google's CEO says the future of work involves a 'hybrid model' and that the company is already reconfiguring its offices for employee 'on-sites'
(DBN)

Most executives seek work-life balance after experiencing pandemic blues: survey
(DBN)

U.S. imports surge as pandemic worries have retailers stockpiling
(DBN)

Moody's: Economy Would Do Better with Biden
(DBN)

Mnuchin, Powell say some $380 billion in unused aid could help U.S. economy
(DBN)

Pelosi believes coronavirus stimulus deal still possible as Democrats prepare new package
(DBN)

Louisiana seeking federal loan as unemployment fund runs dry
(DBN)

Most Realize Trump May Kill Social Security
(DBN)

Now 3,500 US Firms Sue Over China Tariffs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

In God We Trust, All Others Pay Cash Collateral: Can Chapter 11 Bankruptcy Debtors Use Assigned Rents for Business Reorganizations Under Ohio Law?
(DBN)

How 2020 broke the housing market: So many homes are selling that we could run out of new houses in months
(DBN)

Commercial Real Estate Scarring
(DBN)

Freddie Mac: Mortgage Serious Delinquency Rate increased in August, Highest Since January 2013
(DBN)

Lawler: Serious Delinquency Rate on FHA-Insured SF Loans Up Again in August
(DBN)

'That's a slap in our face': Homeowners face bankruptcy after Sally. Why won't FEMA help?
(DBN)

Multiple closings. Bankruptcy. One Wilmington shopping center has a plan to recover stronger than ever.
(DBN)

Metronomic files for Chapter 11 bankruptcy
(DBN)

Mall Of America Extends A Hand Of Unity To Challenged Local Retailers
(DBN)

Housing Crisis Coming for These 10 Cities
(DBN)

____________

Municipalities:

New York stays ahead of London in top financial centres survey
(DBN)

Puerto Rico’s Bond Prices Are Falling Sharply, Foreshadowing U.S. Problems
(DBN)

Puerto Rico gears up to vote in statehood referendum this Nov
(DBN)

The birth of a ghost town: Point Roberts has lost 80% of its business, hundreds of its residents
(DBN)

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Oil/Gas:

Court approves frac sand co. Hi-Crush's bankruptcy plan
(DBN)

Arena Energy Gets OK For $1B Ch. 11 Sale
(DBN)

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

Oil falls as surging virus cases cloud demand outlook
(DBN)

First Mack Electric Truck Enters Service
(DBN)

The Unintended Consequences Of Fossil Fuel Divestment
(DBN)

____________

Transit:

New York's transit system is in a financial crisis — but saving it is vital to the US economy, experts say
(DBN)

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Firearms:

Remington Auctioned Off to Seven Bidders in Bankruptcy Court New Details of Remington Bankruptcy Has Ilion Worried Upstate town's heritage and 700 jobs await day in bankruptcy court Remington Buyers Revealed – The Cards have Fallen & are Divvied Up Details On Remington Auction Coming Out
(DBN)

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Food/Beverage:

NPC International pushes back deadline to bid on bankrupt franchising giant's 900 Pizza Hut stores Sale of 900 Pizza Hut restaurants delayed due to hedge fund concerns
(DBN)

Chuck E. Cheese Is Bankrupt, but Plans Animated Series and Live-Action Film
(DBN)

One Of America's Largest Bakery Chains Could Be Headed for Bankruptcy
(DBN)

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Retailing:

Neiman Leaves Bankruptcy With Less Debt to Face Retail’s Turmoil Neiman Marcus Emerges From Bankruptcy — Here’s How Its Business Is Different Texas luxury Dept. store chain Neiman Marcus emerges from bankruptcy
(DBN)

Does Sycamore Partners Want to Buy Ann Taylor, Loft and Lane Bryant From Bankrupt Ascena? Sycamore Partners Bids for Ascena-Owned Ann Taylor
(DBN)

J.C Penney isn’t ‘hopelessly insolvent,’ adviser says, giving shareholders hope
(DBN)

Marble Ridge Reaches Agreement With Neiman Marcus — but a Texas Judge Has Sharp Words for the Hedge Fund
(DBN)

____________

Politics:

New York Times publishes Donald Trump's tax returns in election bombshell 18 Revelations From a Trove of Trump Tax Records Report says Trump paid no income tax for 11 years We now know what Trump was trying to hide by holding back his tax returns 5 takeaways from NY Times report on Trump’s tax returns Charting an Empire: A Timeline of Trump’s Finances Trump’s taxes show chronic losses and years of income tax avoidance Trump’s Financial Records Show Long History of Tax Avoidance Trump spent more than $70,000 to style his hair when he was on 'The Apprentice' and wrote it off as a business expense: NYT NYT: Trump has paid no federal income taxes for much of past two decades The Ordinary Taxpayer’s Guide To The Extraordinary Story Of Trump’s Tax Returns Is Trump Broke? New Report Details Decades Of President’s Taxes And Financial Failures Trump’s tax revelation could tarnish image that fueled rise Trump pushes back on NYT report that he paid $750 in income tax for 2016 Trump Lashes Out at New York Times
(DBN)

 

Trump “Strongly Demanding” Biden Is Drug Tested as He Tries to Lower Debate Expectations Biden Has Upper Hand Over Trump in Debate Expectations Game Trump, Biden will not shake hands at first debate due to COVID-19
(DBN)

Trump says he won’t commit to leaving office if he loses the election because of a “ballot scam”
(DBN)

Historians on Trump's Threats to Democracy
(DBN)

Trump: Media Hides My Two Nobel Prizes
(DBN)

Joe Biden maintains a steady lead over Donald Trump in national polling Between the economy and coronavirus pandemic, Biden keeps his advantage nationally: POLL
(DBN)

I was a Republican governor of Pa. I’m voting for Joe Biden
(DBN)

White men backing Trump say they can't be swayed
(DBN)

Harris FactCheck: “Only one” Black-owned restaurant in Michigan received a loan through the Paycheck Protection Program
(DBN)

Biden FactCheck: Donald Trump is “the worst jobs president in recorded history."
(DBN)

Brad Parscale, former Trump campaign manager, hospitalised after self-harm threats
(DBN)

Former Pence aide says there were private meetings about the possibility of Trump refusing to accept election results
(DBN)

Supreme Court fight pushes Senate toward brink
(DBN)

Bernie Sanders says there are a 'number of plans' to force Trump from office if he refuses to peacefully transfer power
(DBN)

Pennsylvania's election is in uncharted territory with a new rule that rejects 'naked' ballots
(DBN)

Dec. 8 ‘safe harbor’ deadline is a critical date in nightmare election scenarios
(DBN)

FL Senator Rick Scott Will ‘Fix’ Elections By Tossing Out All Those Pesky ‘Votes’
(DBN)

Another top Democrat signals openness to abolishing the filibuster
(DBN)

Pandemic overwhelms Trump’s message in critical N. Carolina
(DBN)

McGahn: Trump Deserves Four More Years
(DBN)

The Truth About Hunter Biden
(DBN)

The Private Trump Angst of a Republican Icon
(DBN)

Trump: I'll Make Juneteenth a Federal Holiday
(DBN)

Federal judge blocks Texas’ elimination of straight-ticket voting
(DBN)

____________

Satellites:

U.S. judge sends OneWeb’s rescue plan to vote and okays financing
(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 (Temporarily Unavailable)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

 

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Aviation:

Airlines face worst crisis since 9/11 as funding ends
(DBN)

737 MAX parts manufacturer Impresa files for bankruptcy protection
(DBN)

FAA chief set to conduct 737 MAX evaluation flight next week
(DBN)

Europe regulator sees November lifting of Boeing 737 MAX flight ban
(DBN)

Main creditor mulls selling Asiana Airlines at 'right time'
(DBN)

The death of the business trip?
(DBN)

Delta expects jet retirement charges of up to $2.5 billion in third-quarter
(DBN)

American Airlines secures $5.5 billion Treasury loan, could tap more
(DBN)

Italy's watchdog investigates airlines over canceled flights
(DBN)

Air New Zealand begins drawing down government debt facility, flags future capital raising
(DBN)

____________

Pharma:

Drugmaker Mallinckrodt Nears Bankruptcy Filing Over Opioid Lawsuits
(DBN)

____________

Tax:

IRS: Easier and Cheaper to Audit the Poor
(DBN)

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Mail:

Third Judge to Post Office Head: Stop It
(DBN)

____________

Healthcare:

What people routinely get wrong about herd immunity
(DBN)

'Everything he says is false': CDC chief voices alarm over influence of Trump's new coronavirus adviser
(DBN)

‘It’s like every red flag’: Trump-ordered HHS ad blitz raises alarms
(DBN)

10 of Donald Trump’s big falsehoods about COVID-19
(DBN)

Fewer than 10% of Americans show signs of past coronavirus infection, study finds
(DBN)

Positive COVID-19 test rates top 25% in some U.S. Midwest states
(DBN)

NYC Virus Spike Continues in Jewish Areas of Brooklyn, Queens
(DBN)

Rabbis ponder COVID-19 queries of ultra-Orthodox Jewish life
(DBN)

'Take home' lawsuits over COVID infections could be costly for U.S. employers
(DBN)

Rise in virus cases adds to economic uncertainty ahead of U.S. election
(DBN)

Nearly 1M who died of COVID-19 also illuminated treatment
(DBN)

Coronavirus weakening? Viral loads carried by patients on the decline, along with death rate
(DBN)

Military Suicides Are Up 20% in Covid Era
(DBN)

Why kids get less severe coronavirus infections
(DBN)

____________

Education:

New York City principals call for state to take over control of schools
(DBN)

If you want a college tuition refund, the window is closing fast
(DBN)

____________

Autos:

Bankrupt Hertz Could Get $400 Million To Buy New Cars
(DBN)

September Vehicle Sales Forecast: 5% Year-over-year Decline U.S. auto sales gain pace in September as demand recovers: JD Power, LMC
(DBN)

____________

Hotels:

Johnstown Comfort Suites files for bankruptcy after foreclosure notice
(DBN)

____________

Nursing Homes:

2 Former Administrators of Veterans Home Charged After 76 Residents Died in COVID-19 Outbreak
(DBN)

____________

Student Debt:

New Poll Shows Substantial, Bipartisan Support For Student Loan Forgiveness And Other Relief For Borrowers
(DBN)

____________

Tech:

Google to block U.S. election ads after polls close
(DBN)

Facebook suspends fake Russian accounts, warns of U.S. election hack-and-leak threat
(DBN)

____________

Climate:

Fast-moving wildfire in Northern California's wine country prompts evacuations
(DBN)

____________

Sovereigns:

Zambia’s call for debt relief triggers fear of domino effect across Africa
(DBN)

____________

UK:

Government gives businesses much-needed breathing space with extension of insolvency measures
(DBN)

Cineworld swings to huge loss after virus closures
(DBN)

'Disorder, debacle, rebellion': backers turn on Britain's PM
(DBN)

Final UK-EU trade talks begin this week as officials race to seal a Brexit deal
(DBN)

What's Going on with Brexit?
(DBN)

British Firms are Pleading for Brexit Deal
(DBN)

____________

EU:

Rise of the zombies? Europe faces insolvency balancing act
(DBN)

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Australia:

Insolvency Relief in A Changed Business Environment
(DBN)

The Geography of Bankruptcy in Australia
(DBN)

New "debtor in possession" corporate insolvency regime to commence from 1 January 2021
(DBN)

____________

India:

As Covid-19 Closes Schools, the World’s Children Go to Work
(DBN)

India’s confirmed coronavirus tally reaches 6 million cases today
(DBN)

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Malaysia:

Scale of corporate default, restructuring will rise
(DBN)

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MENA:

Alvarez & Marsal appointed administrator of NMC Healthcare in the UAE
(DBN)

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China:

China's industrial profits grow for fourth straight month
(DBN)

China Evergrande shares, bonds suffer sell-off on cash-crunch concern
(DBN)

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