April 30, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The World's Best-Known Law Firms Are Still in Search of Brand Recognition
(DBN)

UK: Shearman & Sterling puts NQs on £135k as Slaughter and May and Linklaters increase pay
(DBN)

New SEC enforcement chief abruptly resigns after judge questions ‘unhinged’ claim in BigLaw case
(DBN)

The Law Schools Where The Most Graduates Got Jobs At Large Firms (2020)
(DBN)

2020 employment figures show big swings at some law schools 2020 bar exam saw major swings in pass rates at some institutions
(DBN)

Second-Class Biglaw Partnership Is Growing
(DBN)

How Much Are In-House Counsel Making?
(DBN)

Which Is More Difficult: The CPA Exam Or The Bar Exam?
(DBN)

Race Becomes Crisis Point At University Of Memphis Law School
(DBN)

Irwin Mitchell tells staff to work where they like as Slater and Gordon hides offices
(DBN)

Clifford Chance allows 50-50 UK split between office and remote working
(DBN)

NCAA Legal Chief Remy Prepares to Depart as Legal Bills Rise
(DBN)

Bryan Cave names first inclusion and diversity client relationship partner
(DBN)

UK litigation funding market doubles in three years as pipeline of cases builds up
(DBN)

Mishcon de Reya gears up for record £750m London stock listing Mishcon de Reya poised for stock market flotation in move which would see trainees and junior lawyers become shareholders
(DBN)

Skadden, Wilmer, Dechert to Give Up Some Purdue Legal Fees Purdue Pharma law firms relinquishing $1M in fees to settle concerns about disclosures 3 Firms Give Back $1M From Purdue Ch. 11 Fees Law firms for Purdue Pharma ordered to pay $1M in fees over disclosure issues Law firms representing Purdue Pharma to pay U.S. $1 million -U.S. Justice Dept Law Firms Representing Purdue Pharma Agree to Relinquish $1 Million in Settlement with U.S. Trustee Program
(DBN)

MoFo Makes Bold Decision To Spy On Its Attorneys
(DBN)

New Report Explains That No Matter How Objectionable You Thought Jones Day Was, It's Worse
(DBN)

Jones Day Couple Right on ‘Equal Work,’ Pay Bias Claim Revived
(DBN)

Mendes & Mount Settles Paralegal’s Suit Over Client Harassment
(DBN)

Ghislaine Maxwell Pictured Behind Bars for the First Time Since Her Arrest — with a Black Eye
(DBN)

One of New York's Busiest Real Estate Lawyers Has Gone Missing, Owing Millions. Even His 94-Year-Old Mother Claims He Forged Her Signature.
(DBN)

Second Circuit Rules Harvard Grad with Anxiety Who Failed Bar Exam Twice Can’t Sue Board for Denying Her Extra Time
(DBN)

Lessons In Teen Parenting And Law Firm Management: Survival Skills From The Trenches
(DBN)

Thinking Caps For Sale
(DBN)

6 Hard Don'ts For Retainer Agreements
(DBN)

The Fate Of Midsize Firms In A Post-Pandemic World
(DBN)

Texas House authorizes public universities in Rio Grande Valley and El Paso to establish up to two new law schools
(DBN)

Revealed! Your worst (and best) dates with lawyers
(DBN)

Law School Diversity And Inclusion Award To White Conservative Law Professor Sparks Backlash Among Students
(DBN)

White Law Professor Claims Black School Paid Him Less Because Of His Race
(DBN)

The Right Wing Dream of a New Constitution
(DBN)

A grand jury has been impaneled in the federal investigation into Rudy Giuliani Superlawyer Rudy Giuliani Heading To Hannity To Confess Some More Crimes Rudy Giuliani spreads nonsense conspiracy theories about the DOJ and the Bidens in Fox News appearance following FBI raids Trump slams Giuliani raid as 'very, very unfair' Conservative Lawyer and Legal Commentator Victoria Toensing Caught Up in Giuliani Dragnet: Report Joe Biden Had 'No Idea' Rudy Was Getting Raided Giuliani Says Feds Raided His iCloud as Well as Apartment
(DBN)

Ex-GA deputy bragged to extremist group about beating Black man in custody, FBI says Former Georgia deputy bragged he'd charge Black people with fake felonies to strip them of voting rights: FBI
(DBN)

North Carolina sheriff identifies deputies involved in Andrew Brown Jr. shooting, returns 4 to duty
(DBN)

Doctrine protecting officers for split-second decisions is blamed for more police killings
(DBN)

Cops under siege with rising waves of violence
(DBN)

Attorney for Ashli Babbitt’s Family Threatens $10M Lawsuit, Says Capitol Police Opened Fire for ‘No Legitimate Law Enforcement Purpose’ Trump supporter found guilty of threatening to kill members of Congress after Jan. 6 insurrection Man Accused of Assaulting Metropolitan Police Officer Michael Fanone 'Bear Hugged' and Pretended to Help Him, Feds Say New videos show assault on Capitol Police Officer Brian Sicknick
(DBN)

Woman charged in death of NYPD officer said 'f--- the police' on video before incident
(DBN)

Texas AG’s Request For $3,800 Per Hour Outside Attorneys Is Thwarted By Lawmakers
(DBN)

'I'm a State Rep!': Democratic Lawmaker Charged with Drunk Driving, Resisting Arrest After Authorities Catch Him with His Pants Down
(DBN)

Three More Officers on Leave After Video Showed Colorado Police Laughing About Arrest of 73-Year-Old Woman with Dementia
(DBN)

White farmers sue seeking government loan forgiveness
(DBN)

Two Sheriff's Deputies, One Gunman, and Two Relatives Dead in 13-Hour North Carolina Standoff
(DBN)

‘19 Kids and Counting’ Star and Conservative Activist Josh Duggar Has Been Arrested on Unspecified Federal Allegations
(DBN)

Eight Former Students Charged in Alcohol-Fueled Bowling Green Fraternity Death
(DBN)

Five Defendants Arrested in Shooting of Lady Gaga's Dog Walker and Dognapping of Two French Bulldogs
(DBN)

Hilarious transcript of lawyer’s argument with witness over definition of a photocopier is turned into a short film
(DBN)

In Oklahoma and Texas, Parents Who Let Their Kids Play Outside Will No Longer Fear Neglect Charges
(DBN)

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Judges:

Federal Bankruptcy Judge Mark Randon to Keynote Pulse Forum on Poverty and Bankruptcy
(DBN)

BK FL MD: Court Connection Newsletter
(DBN)

An unusual coalition as Supreme Court rules for immigrant
(DBN)

Judges Focus on Diversity in Clerkship, Internship Hiring
(DBN)

Biden Announces Three New Nominees for Lifetime Federal Judgeships — What We Know About Them
(DBN)

Evidence supports RICO conviction of man who said his gun ‘burst out’ before shooting judge, appeals court says
(DBN)

______________

Wall Street:

Stock futures dip even after Amazon reports profit surge
(DBN)

Asian markets decline amid uncertainty about global recovery
(DBN)

Stocks Are Off to Best Start to a Presidential Term Since Great Depression
(WSJ)

______________

Politics:

Florida Republicans unexpectedly pass bill restricting trans athletes
(DBN)

Florida passes voting law that includes restrictions on vote-by-mail and drop boxes
(DBN)

'A lot of confusion': Virginia Republicans stumble over their own voter ID requirement
(DBN)

Why Democrats have to win large majorities in order to govern while Republicans don’t need majorities at all
(DBN)

GOP Risks Purging Eligible Voters in Drive to Cull States’ Rolls
(DBN)

Census: 70% Cast Votes Early or by Mail
(DBN)

FactCheck: “You didn't see Republicans when we had control of the Senate try to rig the game.”
(DBN)

Trump drama divides GOP, muddling message
(DBN)

Father of Transgender Child Was Arrested in Arkansas Statehouse After Testimony Opposing Bill Went 30 Seconds Over Allotted Time
(DBN)

Ethics panel: Lawmaker accused of rape should be censured
(DBN)

Joe Biden is proving progressives wrong. And they're loving it.
(DBN)

By the numbers: How do 100 days of Biden and Trump (and Obama) compare?
(DBN)

Covid, immigration and policing: Checking in on Biden's promises at 100 days
(DBN)

Matt Gaetz and Marjorie Taylor Greene are hitting the road together on a national 'America First Tour'
(DBN)

Gaetz Wingman: He Paid for Sex with Minor
(DBN)

Why Won't Kris Kobach Go Away?
(DBN)

____________

Economy:

Companies sound alarm over commodity price hikes
(DBN)

US sells debt at 0% yield for first time since early pandemic
(DBN)

The resurgent U.S. economy grew 6.4% in first quarter Economy grew by 1.6% in first quarter, showing potential for boom
(DBN)

How the US won the economic recovery
(DBN)

Affluent Americans Rush to Retire in New ‘Life-Is-Short’ Mindset
(DBN)

Consumer-fueled economy pushes GDP to 6.4% first-quarter gain BEA: Real GDP increased at 6.4% Annualized Rate in Q1
(DBN)

NYC Plans for Full Reopening on July 1, Mayor Says: ‘We Are Ready'
(DBN)

Jobless claims drop 13,000 to 553,000 as economy heals Weekly Initial Unemployment Claims at 553,000
(DBN)

In Georgia for his 100th day in office, Biden kicks off tour to sell his roughly $4T plans
(DBN)

How Biden's taxes hit the richest but skip the suburban base
(DBN)

Biden Says Tax Hikes on Rich Will Fund Cuts for Many More
(DBN)

If Joe Biden is America's Robin Hood, this is his merry band
(DBN)

Corporate Taxes: Rates Down, Revenues Up
(DBN)

Newsom signs $6 billion tax break for pandemic small business loans
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

NAR: Pending Home Sales Increased 1.9% in March
(DBN)

Are U.S. real estate commissions illegal? The future of U.S. real estate commissions
(DBN)

____________

Oil/Gas:

Valaris Looks Forward to Soon Emerging from Chapter 11 Valaris books first-quarter loss, looks to emerge from Chapter 11
(DBN)

Hurricane Energy Shares Crash 49.3% on Restructuring Plans as Creditors Take Over
(DBN)

US' OPEC Imports Lowest Since 1973
(DBN)

Chevron Posts Bumper Cash Flow After Oil Rally Meets Cuts
(DBN)

Global electric vehicles sales grew 41% in 2020
(DBN)

Chesapeake Seeks to Sell South Texas Shale Assets for $2 Billion
(DBN)

____________

Non-Profits:

'The Elephant in the Room': Wayne LaPierre Grilled on Botched Botswana Hunt in U.S. Bankruptcy Court
(DBN)

NRA Trial Day 11: After LaPierre Testimony, NRA Rests Their Case But Isn’t Resting Easy
(DBN)

____________

Autos:

Many auto lenders offered deferrals to borrowers during Covid. The country's biggest subprime lender did not.
(DBN)

____________

Food/Beverage:

US-based Tribe 9 Foods buys Carla’s Pasta out of bankruptcy
(DBN)

Le Cirque Auction Puts New York’s Socialite History on the Block
(DBN)

____________

Nursing Homes:

Black and Latino Covid-related nursing home deaths linked to overcrowding
(DBN)

____________

Movie Theaters:

Alamo Drafthouse to reopen 15 locations this summer
(DBN)

____________

Maritime:

Navios Maritime Acquisition: Dividends Gone As Expected And Bankruptcy Risk Looms
(DBN)

____________

Student Debt:

Student Loan Debtors Seek High Court Standard in Debt Discharge
(DBN)

Approaching Student Loan Relief Piecemeal: The Biden Administration Extends CARES Relief to Defaulted FFELP Student Loan Borrowers; Weighs Options for Further Measures
(DBN)

____________

Pharma:

California Counties Accuse Opioid Manufacturers of Misleading Marketing on First Day of Orange County Bench Trial; Defendants Suggest No Opioid Crisis Exists in California, Argue Plaintiffs Seek to Override FDA Policy
(DBN)

____________

Banking:

Bank of America, Citigroup restrict loans to the gun industry so Texas is taking aim at their bottom line
(DBN)

Credit Suisse CEO Gottstein Vows to Restore Calm After Archegos
(DBN)

____________

Retailing:

Maximizing Distressed Situations to Business Advantage
(DBN)

Amazon smashes earnings expectations amid 44% sales increase
(DBN)

____________

Education:

No way universities will return to jam-packed lecture halls, Canadian researcher says
(DBN)

60% Of Colleges Won't Require The SAT Or ACT Next Year
(DBN)

Why Are There So Few Women Full Professors?
(DBN)

____________

Healthcare:

Lonely nation: 2 in 3 Americans feel more alone than ever before, many admit to crying for first time in years
(DBN)

Pro-Trump web forums are abuzz with directions to forge Covid vaccine cards
(DBN)

As vacation season nears, unvaccinated people could grow resentful, poll shows
(DBN)

'There is not ... period': Doctor tells official there's no tracking device in Covid shot
(DBN)

Astra to seek U.S. vaccine clearance after missing target
(DBN)

Cook's Children Has Spent $24 Million on Toddler's Life Support
(DBN)

Flu Disappeared Worldwide with Covid
(DBN)

____________

Bankruptcy Crimes:

O'Fallon Man Pleads Guilty to PPP Loan Fraud
(DBN)

____________

Religion:

More than 40 people die in stampede at religious festival in northern Israel 44 Killed, 150 Wounded at Israel Religious Festival
(DBN)

____________

Gig Economy:

U.S. Labor Secretary says most gig workers should be classified as employees
(DBN)

____________

Utilities:

Texas enabled the worst carbon monoxide poisoning catastrophe in recent U.S. history
(DBN)

Texas set to ban Griddy-like power plans after blackouts
(DBN)

____________

Climate:

Carbon Taxes Cut Emissions, Not Jobs or Economic Growth
(DBN)

Report: Net-zero emissions targets will have real effects
(DBN)

Court: Germany must share climate burden between young, old
(DBN)

Corporate secrecy over climate change targeted by Washington and California
(DBN)

Wildfire survivors, experts urge congressional action ahead of fire season
(DBN)

____________

Tech:

Apple Has Chips for iPhones, Automakers Don't
(DBN)

Global Chip Shortage Going from Bad to Worse
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (150 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:

Failure Is Not an Option: The SBRA in a Time of COVID
(DBN)

____________

Sealing:

You Shall Not Pass – Bankruptcy Court in Intelsat Grants Debtors’ Motion to Seal Hearing
(DBN)

____________

Special Purpose Entities:

What’s So Special about Special Purpose Entities?
(DBN)

____________

Notice:

The Third Circuit Affirms the Sufficiency of Publication Notice to Discharge Prepetition Claims of Unknown Creditors
(DBN)

____________

Subchapter V:

Subchapter V Eligibility: “Engaged In” is NOT Modified By “Petition Date”!
(DBN)

____________

Aviation:

Airline Gives Surprise Profit Outlook Even as Planes Remain Grounded
(DBN)

Boeing Faces FAA Audit of 737 Max Latest Manufacturing Flaw
(DBN)

Norwegian Air Shuttle : eyes pre-pandemic European travel demand in 2023-24
(DBN)

China's Juneyao Air setting up firm to invest in HNA airline assets - Caixin
(DBN)

Steep impairment costs drag troubled Hainan Airlines to record full-year loss
(DBN)

Hainan Airlines, hit by Covid-19 and HNA Group restructuring, posts biggest-ever annual loss for a listed Chinese company
(DBN)

Private jet charter company VistaJet targets carbon neutrality by 2025
(DBN)

Virgin Atlantic Banks on U.K. Travel Plan to Revive Network
(DBN)

____________

Tourism:

Las Vegas is seeing a surge of visitors again: ‘It’s like somebody turned on a light switch’
(DBN)

____________

Distressed Investing:

Irrational World of Distressed Debt Leaves $15 Billion Idle
(DBN)

____________

Newspapers:

Hotel billionaire willing to plunk down more of his own cash in bid for Tribune Publishing
(DBN)

____________

Fraud:

DOJ Targets PPP Fraud and Abuse
(DBN)

Pharma Bro's Former Lawyer Disbarred and Banned from Practicing After Voluntarily Resigning Law License
(DBN)

SEC Accuses Florida Man Of Running $17 Million "Lead Generation" Ponzi Scheme
(DBN)

____________

History:

19th Century American Partisan Warfare
(DBN)

____________

UK:

Individual Insolvency Statistics Releases
(DBN)

Number of people going financially insolvent fell by 5% in early 2021
(DBN)

Scottish firms facing insolvency set to rise
(DBN

Debt Respite (Breathing Space) Scheme: creditors’ responsibilities to the court
(DBN)

Grenfell survivors and bereaved families condemn ‘indefensible’ Fire Safety Bill
(DBN)

FCA secures triple bankruptcy over unauthorized share scheme
(DBN)

U.K. House Prices Surge Most in 17 Years as Lockdown Eases
(DBN)

Young Workers Are Drifting Away From London as Jobs Dry Up
(DBN)

____________

EU:

Euro zone economy slips into another recession as Covid lockdowns bite Eurozone crisis: Bloc crashing into double-dip recession as bungled jabs rollout hits hard Euro Area Seeks Rebound as Recession Shows Cost of Vaccine Delay
(DBN)

Europe Companies Seen Splurging $180 Billion on Buyback Bonanza
(DBN)

____________

Canada:

The New Bankruptcy 'Detective Agency'? The Origins of the Superintendent of Bankruptcy in Great Depression Canada
(DBN)

GYMVMT to file for bankruptcy as COVID-19 restrictions continue for fitness sector
(DBN)

____________

Belgium:

Business rescue: navigating Belgium’s bankruptcy bubble
(DBN)

____________

Australia:

Intellectual property and insolvency practitioners: when ‘ip’ worlds collide
(DBN)

____________

India:

Applicability of Section 29A to Pre-Packaged Insolvency Resolution of MSMEs
(DBN)

U.S. Tells Citizens to Leave India as Covid Crisis Deepens
(DBN)

The world could be doing much more to help India
(DBN)

Indians turn to black market, unproven drugs as virus surges
(DBN)

India reports record Covid cases again — with over 386,000 new infections
(DBN)

The death of dignity: Sons have to squeeze the corpse of their mother between them on a motorbike to take her to crematorium amid claims government is covering up scale of India's covid crisis
(DBN)

India's COVID-19 crisis is only getting worse
(DBN)

Airlines Add Flights Out of Ravaged India to Bring Citizens Home
(DBN)

Lockdowns Worsen India’s Fiscal Woes Fueled by Weak Auctions
(DBN)

____________

Brazil:

Reorganization of Corporate Groups in Brazil: Substantive Consolidation and the Limited Liability Tale
(DBN)

____________

Turkey:

Turkish Stores Defy Government Attempt to Suspend Alcohol Sale
(DBN)

____________

Japan:

Japanese Frustrated Over Vaccine Rollout After Learning of EU Exports
(DBN)

____________

France:

French Economy Returned to Growth Before New Curbs: GDP Update
(DBN)

Macron Bets Vaccines Will Kick In Soon in Rush to Reopen France
(DBN)

____________

China:

China’s Factory Outlook Eases as Economic Recovery Moderates
(DBN)

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