April 28, 2021

The Daily Bankruptcy News

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Law:

World's Largest Law Firm Suspends All Meetings To Avoid Attorney Fatigue
(DBN)

Sidley Recruits DLA Piper U.S. Restructuring Chair Califano Sidley Adds Prominent Restructuring Partner Tom Califano in New York Sidley Hires DLA Piper's Global Restructuring Co-Chair Sidley Recruits DLA Piper U.S. Restructuring Chair Califano
(DBN)

Biglaw Firm Thinks Associates Should Be Happy They Have Jobs, But Begrudgingly Gives Out Special Bonuses — With An Increased Billable Requirement
(DBN)

Group of Morrison & Foerster Bankruptcy Partners Heading for Willkie
(DBN)

These Biglaw Firms Are Am Law 100 Firms No More
(DBN)

Polsinelli Says Former Bankruptcy Atty Must Arbitrate LGBT Bias Claims
(DBN)

Girardi Firm Trustee Wants Atty To Chase Celeb Wife's Assets Tom Girardi's Law Office Will Be Sold Soon, as His Home Goes on the Market, Trustee Tells Court
(DBN)

Zero L: What To Do The Summer Before Law School
(DBN)

California Considers Future of Bar Exam, Possible Test Revisions
(DBN)

The Law Schools With The Most Unemployed Graduates (2020)
(DBN)

Florida Coastal’s proposed teach-out plan dinged by ABA’s legal ed section because of lack of details
(DBN)

Survey Shows Satisfaction of Underrepresented Lawyers
(DBN)

In defense of the team: What basketball and law practice have in common
(DBN)

Prosecutor Drops Boies Schiller Partner’s Domestic Violence Case
(DBN)

Of Course A Lawyer Is Behind That Idiotic Anti-Woke Disney Rant
(DBN)

Lessons From A Lawyer On Losing A Loved One
(DBN)

Lawyer gets 5-year suspension for firing gun into colleague’s law office
(DBN)

Coca-Cola’s GC Fiasco: The Takedown of an Audacious Black Lawyer Coca-Cola’s Top Lawyer Takes Spotlight Facing Diversity Decision
(DBN)

UBS, Credit Suisse Shake Up Legal Teams in Archegos Aftermath
(DBN)

Why Law Firms' Financial Success and Culture Are Inextricably Intertwined
(DBN)

Human Rights Watch fires general counsel after she used N-word in classroom lecture
(DBN)

Judge Orders GOP District Attorney Removed for Making ‘False Representations’ After Crime Victims Said He Ignored Their Cases
(DBN)

Capitol Rioter Accused of Attacking Cops Claims Self-Defense Here's why MAGA rioters thought they'd get away with posting selfies taken at the Capitol Federal Judge Decides Not to Jail ‘Bullhorn Lady’ After Reading Her Apology for Wearing a ‘Mesh Mask’ in Public Government Fail in Capitol Siege Case Keeps Roger Stone Bodyguard and Oath Keeper Out on Bail Officer Brian Sicknick’s Accused Assailant Claims to Have Used a ‘Small Can’ That Was Something Other Than Bear Spray How Trump’s renewed election rhetoric is complicating Capitol rioters’ legal fight Capitol rioter who posed inside Pelosi’s office is released from D.C. jail Why Capitol Police offered tours to Oath Keeper lawyers Who's Dumber: Bullhorn Lady With Her Fishnet Mask, Or The Genius With His Feet On Nancy Pelosi's Desk?
(DBN)

D.C. officer who suffered heart attack on Jan. 6 calls out Trump for downplaying 'brutal, savage' riot
(DBN)

Trump Dragged Closer to Testifying in Protesters’ Suit Accusing His Guards of Assault
(DBN)

Trump backer says his threats were not serious, cites boredom
(DBN)

Reports of antisemitic incidents in the D.C. region in 2020 are highest on record, anti-bias group says
(DBN)

Andrew Brown Jr. Was Shot 5 Times, Once in the Back of the Head: Independent Autopsy FBI opens civil rights probe into killing of Andrew Brown Jr. in North Carolina NC: Andrew Brown Was Executed with Kill Shot
(DBN)

After violently arresting woman, 73, with dementia, police laughed about it, video shows: 'We crushed it'
(DBN)

Police union wants to help ex-cop who shot Tamir Rice get his job back
(DBN)

NYC corrections official watched a prisoner hang for 15 minutes without helping, DA says: 'Callous disregard'
(DBN)

With Slow Progress On Federal Level, Police Reform Remains Patchwork Across U.S.
(DBN)

Former Dallas Cop Amber Guyger, Who Shot and Killed Botham Jean in His Own Apartment, Wants a Court to Acquit Her of Murder
(DBN)

Georgia Sheriff Indicted On Federal Charges That He Used Restraint Chair To Punish
(DBN)

Minnesota Attorney General Focused On Mechanics Of Derek Chauvin Case Not Its Impact
(DBN)

States Fear Supreme Court Gun Case Will Undermine Local Control
(DBN)

1960s NY Giants player arrested on drug charges
(DBN)

N.J. vice principal tossed beer at diners as wife complained of transgender woman using bathroom
(DBN)

McConnell signals any immigration deal has to address border Texas Republican calls for Biden administration to end 'catch and release' policy Houston-area sheriff is named to lead immigration agency Trump group teams with Texas in challenge to Biden immigration policies
(DBN)

Disgraced Ex-NY AG Eric Schneiderman Admits to Abusing Former Romantic Partners, Will Get Law License Suspended for One Year
(DBN)

Montana Gov. Greg Gianforte Becomes Latest Republican to Sign Significant Abortion Restriction into Law
(DBN)

Texas Agriculture Commissioner Sid Miller alleges aid to farmers of color discriminates against white farmers in suit against Biden administration
(DBN)

Man in Viral Video Who Said He Couldn’t Be Arrested for Racist and Threatening Tirade Has Been Arrested for Racist and Threatening Tirade
(DBN)

Juvenile lifer who set precedent sentenced to life again
(DBN)

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Judges:

BK MD AL: Court News and Views Newsletter
(DBN)

Liberal push to expand Supreme Court is all but dead among Hill Dems
(DBN)

The Supreme Court’s conservatives are quaking over cancel culture
(DBN)

Schumer waiting for recommendation on Supreme Court expansion
(DBN)

Judge is accused of threatening to bust butt of traffic defendant, claiming she likes ‘to flim-flam people’
(DBN)

______________

Wall Street:

Stock futures are mixed as Big Tech earnings roll in, Fed decision looms
(DBN)

S&P 500 closes flat near a record high ahead of Big Tech earnings
(DBN)

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Layoffs:

Concern after dozens of layoffs at Saint Mary’s
(DBN)

______________

Food/Beverage:

Covid Restaurant ‘Carnage’ Shows Itself in Latest Old Country Buffet Bankruptcy
(DBN)

Posh French Winemakers Pounce on Big American Vineyard Selloff
(DBN)

Slice of Americana fades as Furr's goes bankrupt
(DBN)

Grueling China Fishery bankruptcy, asset sale process approaching endgame
(DBN)

____________

Climate:

Swift action to cut methane emissions could slow the Earth's warming by 30%, study finds
(DBN)

Democrats move to reinstate methane rules loosened by Trump
(DBN)

Biden's unlikely new ally on climate change: Corporate America
(DBN)

____________

Politics:

Joe Manchin wants to save Democrats from themselves
(DBN)

“Wokeness is a problem and we all know it”
(DBN)

Shaken U.S. Capitol on high alert for Biden's first address to Congress
(DBN)

The Hamburglar? How a story about meat limits fell apart
(DBN)

No, officials are not handing out Harris's picture book to migrant kids New York Post temporarily deletes, then edits false story that claimed Harris' book was given out in migrant 'welcome kits' NY Post Reporter Who Wrote False Story on Kamala Harris Books Resigns, Says She Was ‘Ordered’ to Write It Story about migrant kids getting copies of Veep's book borders on ridiculous
(DBN)

New Hampshire voters reject Biden second term, ’diss Trump try too
(DBN)

McCarthy won't say if Cheney is 'good fit' for his team McCarthy and Cheney worlds apart after Florida retreat
(DBN)

The top Virginia gubernatorial candidate has aligned herself with Proud Boys, Oath Keepers and other extremists
(DBN)

For the lack of 89 people, New York will lose 1 House seat
(DBN)

Sen. Hawley Complains About 'Big Tech' on His iPhone's Twitter App While Selling His New Book via Big Tech Giant Amazon
(DBN)

Tucker Carlson Urges Audience to ‘Call the Police Immediately’ if They See Kids Wearing Masks Outdoors Tucker Carlson, Unmasked
(DBN)

‘Never heard of them’: Arizona GOP audit firm unknown even in home state Judge has doubts on voter privacy in Arizona recount
(DBN)

California braces for another 'clown car' of recall candidates
(DBN)

No big backlash for states passing anti-transgender laws
(DBN)

____________


Economy:

US consumer confidence jumps to 14-month high
(DBN)

What investors should expect to hear from the Federal Reserve on Wednesday
(DBN)

A quarter of women say they are financially worse off a year into pandemic, Post-ABC poll finds
(DBN)

3 charts show how the US economy roared back to life in April
(DBN)

‘Go get the shot’: Biden highlights path back to normal
(DBN)

Federal Taxes, Spending and Deficit All Set Records in First Half of FY2021
(DBN)

Democrats press White House to make expanded child tax credit, other benefits permanent in 'families plan' House Democrats, Biden at Odds Over Enhanced Child Tax Credit Democrats signal House bill to go further than Biden proposal on child tax credit
(DBN)

Americans support Biden’s spending and want him to spend more, polls show
(DBN)

The Fed helped fuel a stock market boom that benefited wealthy Americans - and left behind everyone else
(DBN)

JPMorgan to Bring U.S. Staff Back to Office on Rotational Basis From July
(DBN)

HSBC to cut office space by 20% in 2021, halves business travel
(DBN)

Tensions rise as return-to-work plans gain steam
(DBN)

Biden eyes $80 bln boost for IRS to help fund family initiative
(DBN)

America's ultra-rich fear Biden will close their favorite tax loopholes
(DBN)

There Is Growing Segregation In Millennial Wealth
(DBN)

Biden capital gains tax plan raises $113 billion if ‘step up in basis’ is killed
(DBN)

US marks slowest population growth since the Depression What’s behind the growth slump? Takeaways from census data
(DBN)

States with Fastest Population Growth
(DBN)

Social Security COLA Not Keeping Up w/ Prices
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Rent Crisis Spirals for Landlords Awaiting $47 Billion in Relief
(DBN)

This isn’t a housing bubble — and that’s the problem
(DBN)

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

Home prices in U.S. surge most since 2006 with inventory tight Case-Shiller: Largest home price increase in 15 years Case-Shiller: National House Price Index increased 12.0% year-over-year in February
(DBN)

Zillow Case-Shiller House Price Forecast: "Red Hot", 12.8% YoY in March
(DBN)

HVS: Q1 2021 Homeownership and Vacancy Rates
(DBN)

Homebuilders' pain to spell record earnings for lumber producers
(DBN)

Lakeside Idaho City Is America's Hottest Housing Market in New WSJ/Realtor.com Index
(DBN)

The Absolute Cheapest State To Buy A House Is...
(DBN)

Rent or Own? Location is Everything
(DBN)

____________

Oil/Gas:

Chesapeake CEO Lawler to step down months after bankruptcy exit
(DBN)

Gulfport Energy nets plan confirmation following junior creditor deal
(DBN)

U.S. Truck Boom Shows Why Oil’s Demand Comeback Is Here to Stay
(DBN)

Cautious Hedging Costs U.S. Drillers Billions
(DBN)

____________

Tech:

Google Poised to Smash Sales Records, Riding Online Spending Surge Alphabet reports big earnings beat as revenue grows 34%
(DBN)

Microsoft books biggest revenue growth since 2018
(DBN)

____________

Student Debt:

Biden faces mounting pressure on forgiving student loan debt
(DBN)

____________

Education:

Miami private school says teachers who get coronavirus vaccine aren't welcome, citing debunked misinformation
(DBN)

Kids are finally returning to school. But most of them are white.
(DBN)

Biden to propose free preschool, as speech details emerge
(DBN)

____________

Pharma:

Bankrupt Purdue Pharma spending thousands to keep WV court records secret
(DBN)

Neonatal Abstinence Syndrome Ad Hoc Committee Objects To Sackler Funded Plan
(DBN)

Novartis catches chill as masks keep flu at bay
(DBN)

____________

Tourism:

Vegas tourism, airport, casinos show rebound from virus
(DBN)

Las Vegas Visitor Authority for March: No Convention Attendance, Visitor Traffic Down 40% Compared to 2019
(DBN)

____________

Agribusiness:

US farmers finally see better outlook after 2 odd years
(DBN)

____________

Mass Torts:

Asbestos Trust Worth $610 Million Forming From Ashes of Bankruptcy
(DBN)

____________

Non-Profits:

NRA Says It May Have Legal Claims Against Former CFO
(DBN)

NRA Head Doesn't Even Know How to Hunt Horrific Secret Footage of NRA CEO Wayne LaPierre Clumsily Hunting Elephants Video NRA boss Wayne LaPierre tried to hide shows him failing to kill African elephant after shooting the animal four times while his wife laughs after she kills a second elephant and cuts off its tail
(DBN)

____________

Paper Products:

Trustee to inform judge Thursday who won auction for Ponderay Newsprint
(DBN)

____________

Home Security:

Secure Home judge approves bankruptcy loan for speedy restructuring
(DBN)

____________

Hotels:

Two Silicon Valley hotels head for auction block and foreclosure
(DBN)

____________

Soccer:

Super League Dream Won’t Die for Two Arch Enemies United by Debt
(DBN)

____________

Defaults:

Loan Default Forecast Reduced to 2.5% for 2021, 2.5%-3.5% for 2022, Fitch Ratings
(DBN)

____________

Utilities:

BP Emerges as Another Big Winner From the Texas Freeze
(DBN)

____________

Fraud:

Ex-Obama Adviser Stole From Charter School Network, U.S. Says
(DBN)

____________

Healthcare:

CDC Eases Mask Guidelines for Vaccinated People Outdoors CDC: If You're Vaccinated, You Don't Need To Mask Outdoors (Unless You're In A Crowd) CDC says vaccinated people can hold small gatherings outdoors without masks Outdoor mask guidance echoes what many Americans already do
(DBN)

We Asked People From Around the World What They Think of U.S. Health Care.
(DBN)

Counties with Oregon's biggest cities moved to extreme risk
(DBN)

U.S. Investigating Two New Clotting Cases Tied to J&J Vaccine
(DBN)

"No Sign" Of Infection After Barcelona Covid Test Concert Trial: Organizers
(DBN)

West Virginia Will Pay Young People $100 To Get Vaccinated Against COVID-19
(DBN)

State mass vaccination sites to stop administering Pfizer first doses
(DBN)

Pfizer’s new at-home pill to treat Covid could be available by end of the year, CEO hopes
(DBN)

Arizona no longer requiring appointments at vaccine sites
(DBN)

White House: No decision yet on vaccine patent waiver
(DBN)

Brussels bracing for illegal festival amid fears of violence
(DBN)

____________

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (67 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 Reform:

Water Under the Bridge? A Look at the Proposal for a New Chapter 16 of the Bankruptcy Code from a Comparative Law Perspective
(DBN)

____________

Avoidance Actions:

Preference Avoidance Actions: When Late is Ordinary
(DBN)

____________

Mediation:

Mediating With Department Of Justice Of The U.S. Government: A Study
(DBN)

____________

Appeals:

The Future of Bankruptcy Appeals: Appellate Standing After Lexmark Considered
(DBN)

____________

Sovereign Immunity:

Bankrupting Tribes: An Examination of Tribal Sovereign Immunity as Reparation in the Context of Section 106(A)
(DBN)

____________

Estoppel:

List It or Lose It: The Application of Judicial Estoppel When a Debtor Fails to List a Claim
(DBN)

____________

Disability Benefits:

Disorderly and Discriminatory: The Bankruptcy Code's Treatment of Disabled Debtors
(DBN)

____________

Deceased Debtors:

Continuation of Chapter 13 Postmortem: Why Courts Should Allow Deceased Debtors' Cases to Continue Post Plan Confirmation
(DBN)

____________

Software:

Manage your bankruptcy law practice with this software
(DBN)

____________

Aviation:

Impact of the recent Gategroup decision on aviation restructurings
(DBN)

GE Burns More Cash Than Expected as Jet-Engine Unit Drags
(DBN)

Las Vegas International Showing Strong Passenger Recovery
(DBN)

Half of Jobs to Be Cut as Pakistan’s Airline Fights to Survive
(DBN)

3M, GE warn of supply chain constraints. What that means for Boeing
(DBN)

North America Key To Hawaiian Airlines After $61m Net Loss
(DBN)

Flight Attendant Reveals Reason Why the Crew Greets You as You Board
(DBN)

Real ID deadline extended again due to COVID-19. Here's what that means for travelers
(DBN)

Alaskan state lawmaker has to travel 20 hours to work after airline ban over mask
(DBN)

Pakistan International Airlines Will Drastically Cut Employee Numbers
(DBN)

Mexico’s Interjet Approves Entering Bankruptcy Proceedings Interjet investors vote in favor of commercial bankruptcy
(DBN)

____________

Retailing:

Sears Still $81M Short Of Covering Post-Ch. 11 Claims
(DBN)

Amazon to pass Walmart in U.S. retail sales in 2025: Report
(DBN)

____________

Autos:

Cramer: Tesla did not deliver ‘blowout quarter,’ Ford and GM pose a threat
(DBN)

____________

Tax:

White House seeks to make massive boost to IRS enforcement centerpiece of new spending plan
(DBN)

____________

UK:

City of London Plans for Life After Covid as Its Offices Empty
(DBN)

B*witched's Sinead O’Carroll lifts lid on coming back from 'desperation' and money woes after band success
(DBN)

____________

EU:

Recovery Plan Is 'Opportunity of the Century' for EU: Commission Head
(DBN)

Germany and France Present United Front to Reform the EU Economy
(DBN)

____________

Canada:

Ontario fiscal watchdog releasing COVID-19 pandemic insolvency report today
(DBN)

____________

Spain:

Insolvency in Spain: The Incoherence of Punishable Insolvency That Includes The Solvent Debtor
(DBN)

____________

Brazil:

Brazil rejects Russia's Sputnik V coronavirus vaccine, citing safety concerns
(DBN)

Bolsonaro Faces ‘Possibly Explosive’ Probe Into Virus Response
(DBN)

____________

India:

Medical supplies begin to reach India as COVID-19 deaths near 200,000 WHO Steps up Aid to India to Stem COVID Surge Germany to Airlift Medical Aid to India in Coming Days
(DBN)

India tops 200,000 dead as virus surge breaks health system
(DBN)

How did the covid-19 outbreak in India get so bad?
(DBN)

‘Cannon fodder’: Medical students in India feel betrayed
(DBN)

Delhi builds makeshift funeral pyres as deaths climb
(DBN)

Delhi COVID Beds Reserved for Judges, Angering City Gasping for Oxygen
(DBN)

Soaring Oxygen Demand Makes Indian Tycoon Cut Steel Output
(DBN)

____________

Turkey:

Turkey announces "full lockdown" from April 29 to curb COVID spread
(DBN)

____________

Fiji:

Fiji fears virus 'tsunami' after outbreak found to be Indian variant
(DBN)

____________

Austria:

Vienna easing lockdown cautiously, with swipe at government plans
(DBN)

____________

China:

Huarong Is Said to Get State Bank Support to Repay Offshore Debt
(DBN)

____________

France:

France Starts Vaccine-Passport Trials in Bid to Reopen Travel
(DBN)

France struggles to come to terms with fallout from Jewish pensioner’s murder
(DBN)

____________

Germany:

Germany Lifts GDP Forecast, Expects Consumer Spending Surge
(DBN)

____________

MENA:

“Brink of anarchy”: Netanyahu ignores law to appoint loyalist justice minister
(DBN)

State Department Orders Departure Of Nonessential Personnel From Kabul Embassy
(DBN)

____________

Uganda:

URSB calls for mindset change about insolvency as top companies file for liquidation
(DBN)

____________

South Korea:

Financially troubled state-run energy firms face tougher restructuring
(DBN)

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