August 10, 2021

The Daily Bankruptcy News

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Law:

Another Biglaw Firm Delays Opening -- Thanks Delta
(DBN)

All The Biglaw Firms That Will Require Vaccination For Lawyers, Staff
(DBN)

Boies Schiller Becomes Latest Big Law Firm to Require Vaccines
(DBN)

When creating return-to-work policies, consider groups hardest-hit by pandemic
(DBN)

Super Smarties Applying To Law School In Droves
(DBN)

Take A Tour Of This Biglaw Office -- Complete With Swimming Pool, Bar, And Salon
(DBN)

Lawyers have been flexible with change, but more can be done, ABA President Refo says
(DBN)

What does it mean for a lawyer to retire?
(DBN)

Biggest Companies Lost Black Legal Chiefs in 2020, Survey Says
(DBN)

With End in Sight to Bankruptcy Slowdown, Big Law Draws Restructuring Laterals
(DBN)

Robots are coming for the lawyers – which may be bad for tomorrow’s attorneys but great for anyone in need of cheap legal assistance
(DBN)

Police want to speak with disgruntled client after divorce lawyer is killed • Arrest made in murder of NYC divorce attorney stabbed to death in office
(DBN)

My boyfriend earns $230,000. I'm in law school and make nothing. He wants a prenup. Is this a dealbreaker?
(DBN)

Alexandria Ocasio-Cortez was afraid she was going to be raped during the Capitol riot: 'I didn't think I was just going to be killed'
(DBN)

Brown University Accused of Neglecting ‘Endemic’ Sexual Violence
(DBN)

Police Department Permitted 911 Supervisor to Sexually Assault and Harass Dispatchers During Nearly Two-Decade 'Reign of Terror': Lawsuit
(DBN)

Experts question viral video of San Diego deputy's fentanyl encounter
(DBN)

Ohio Court Sentences Black Woman to 18 Months in Prison the Day After Giving White Woman Probation for Same Crime
(DBN)

Jeffrey Epstein Victims Fund Has Paid Out Almost $125 Million
(DBN)

One of Jeffrey Epstein’s Most Prominent Alleged Victims Just Filed a Lawsuit Accusing Prince Andrew of Sexual Assault
(DBN)

Prosecutors offer plea deal to Cowboys for Trump founder
(DBN)

Judge asks why Capitol rioters are paying just $1.5 million for attack, while taxpayers will pay more than $500 million • Ashli Babbit's Family Threatens $10 Million Lawsuit After Normal Tourist Visit Goes Horribly Wrong • Two More Accused Militia Members Added to Growing Oath Keepers Indictment. One of Them Was in a 'Leadership Only' Chat • The Challenges and Potential Pitfalls of Seating a Jury in Jan. 6 Cases
(DBN)

'Official Day of Mourning for Our City': Police Officer Was Shot and Killed by Passenger During Traffic Stop, Cops Say • 1 Chicago officer killed, 1 wounded in traffic stop shooting
(DBN)

Man alleges van ride to jail left him paralyzed

New York prosecutors have evidence that Allen Weisselberg's son also avoided taxes by living rent-free in Trump's apartment, report says
(DBN)

Lawyers who filed election lawsuit must pay rivals' fees
(DBN)

New revelations expose future threat Trump poses
(DBN)

Giuliani has been exiled from Trumpworld as he struggles to raise money for legal costs: 'This will end badly for Rudy' • No One In The Trump Camp Is Retweeting Links To Rudy Giuliani’s Legal Defense Fund, Which Has Raised Next To Nothing
(DBN)

Tesla was told to pay $1 million to a Black former employee who said supervisors called him the N-word and made him push a heavier cart after he confronted them
(DBN)

Why there are so many undocumented immigrants in the US
(DBN)

Lawsuit: Migrant teens in U.S. custody face "deplorable conditions" at Texas sites
(DBN)

Budget package includes plan for pathway to citizenship, green cards for millions
(DBN)

'I Want Him to Die': Ohio Woman Accused of Leaving Her Pit Bull to Die in a Hot Car as Punishment
(DBN)

This Man Was Cellmates with Sister's Convicted Rapist. He Beat Him to Death.
(DBN)

Teacher on trial in suspected cannibalism case
(DBN)

Man Accused of Beheading Girlfriend in Broad Daylight Appeared in Court for the First Time — Here’s What Happened
(DBN)

Driver Sends a Man Flying After Appearing to Purposefully Hit Him with Car in Road Rage Incident (VIDEO)
(DBN)

Federal Appeals Court Upholds City’s Ban on Topless Women at Beach as Non-Discriminatory and 'Protecting the Public Sensibilities'
(DBN)

ABA House votes to oppose laws that ban transgender student athletes
(DBN)

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Judges:

COVID-19 Vaccination or Twice Weekly Testing to be Required for Employees of the U.S. District and Bankruptcy Courts Southern District of Texas

Federal judge questions $1.5M Capitol riot restitution cap
(DBN)

Ohio judge orders man to get a COVID-19 vaccine as part of his sentence
(DBN)

Historic First Nominated To The Second Circuit
(DBN)

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Wall Street:

U.S. stock futures are little changed after Dow, S&P 500 fall from their highs
(DBN)

Jefferies Matches Goldman With $110,000 Pay for Junior Bankers
(DBN)

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Layoffs:

Xsolla fires 150 employees following AI-based productivity audit
(DBN)

______________

Cannabis:

Colombia Gets a Leg Up in Global Marijuana Export Market
(DBN)

Canadian cannabis companies are still not profitable almost three years into full legalization, earnings show
(DBN)

____________

Crypto:

Senators Reach Bipartisan Agreement on Cryptocurrency Reporting • Senators have a deal on the crypto amendment, and Treasury won’t oppose it
(DBN)

You could be racking up tax bills by using a crypto credit card
(DBN)

____________

Autos:

Cars are back to being depreciating assets
(DBN)

____________

Education:

Head of national teachers union now backs vaccination mandate for educators: ‘The circumstances have changed’
(DBN)

UT-Austin will require negative COVID-19 test for students living on campus
(DBN)

'It's been a while since we've had this many vacancies': Education is one category where the July jobs report still gets a tough grade
(DBN)

Fixing America's $1.6 trillion student debt crisis is going to take a serious crackdown on wasteful schools and unnecessary loans, not quick fixes
(DBN)

Free college could become a reality under Democrats’ budget plan
(DBN)

It’s time to accept that school won’t be normal in the fall
(DBN)

Fake COVID-19 vaccination cards worry college officials
(DBN)

Overcrowded colleges are giving students $5,000 to live off campus as Delta surges
(DBN)

Delta derailing plans for normalcy as schools reopen
(DBN)

____________

Healthcare:

Democrats’ $3.5 trillion budget plan calls for Medicare expansion
(DBN)

August 9th COVID-19: New Cases, Hospitalizations, Vaccinations
(DBN)

??Physicians who post COVID-19 vaccine misinformation may lose license, medical panel says
(DBN)

Pediatric COVID hospitalizations soar
(DBN)

Health experts share what they're doing to stay safe amid Delta's threat: They're still traveling but avoiding indoor dining
(DBN)

Dr. Scott Gottlieb says the Covid delta surge may be the ‘final wave’ in U.S. • The world is nowhere near the end of the Covid pandemic, says famed epidemiologist Larry Brilliant
(DBN)

Fully vaccinated people are still getting infected with Covid. Here’s why
(DBN)

The signs you have the delta variant are different than original COVID-19
(DBN)

Governor of State Leading Nation in Kids Hospitalized with Covid Fights to Ban School Mask Mandates
(DBN)

‘Goldilocks virus’: Delta vanquishes all variant rivals as scientists race to understand its tricks
(DBN)

I just went clubbing in Vegas, where new COVID-19 mandates put 'performative masking' on full display
(DBN)

Arkansas: Just 8 ICU Beds Left
(DBN)

Study of least vaccinated places in US reveals why they are falling behind
(DBN)

A 15-year-old described what it was like to have long COVID, from completely forgetting the previous day's schoolwork to having to sit in the shower to avoid fainting • ‘This is really scary’: Kids struggle with long COVID
(DBN

Children's hospitals see spike in COVID-19 cases in high-transmission areas
(DBN)

As Delta Variant Spreads, Florida Hospitals Race to Find Open Beds
(WSJ)

Florida church reeling after six members die within 10 days amid spike in cases
(DBN)

Austin warns of ‘catastrophe’ as Texas again becomes center of pandemic
(DBN)

Texas Gov. Abbott calls on hospitals to delay elective procedures as COVID cases surge
(DBN)

Abbott Begs for Out of State Covid Help
(DBN)

Fauci calls for vaccine mandates for teachers even as the largest teachers' union speaks out against it
(DBN)

Vaccination Status Has Americans Picking Sides
(WSJ)

SC Gov. McMaster doubles down on no school mask mandates, urges vaccinations
(DBN)

Whistleblower scientist settles complaint over Trump COVID-19 response
(DBN)

Pentagon will require all troops to get COVID vaccine by Sept. 15
(DBN)

Dallas schools to require masks in defiance of Gov. Abbott's order • Austin ISD Defies Abbott
(DBN)

Charts show Covid is hitting parts of Asia harder than beginning of pandemic • Asian countries’ new strategy to get people on board with vaccines: Free prizes
(DBN)

____________


Economy:

U.S. Job Openings Hit New Record in June, Surpassing 10 Million • The US economy keeps setting new records for job openings • Job openings surge above 10 million for first time ever, Labor Department says • North Texas Real Estate in July: Sales Down 16% YoY, Inventory Down 33% YoY
(DBN)

Fed watch: July jobs report means talking about tapering sooner
(DBN)

The US economy has more open jobs than people looking for work
(DBN)

Almost 80 percent of U.S. workers now earn at least $15 an hour, a 'major shift from pre-pandemic norms'
(DBN)

‘Buy now, pay later’ trend could be next hidden source of debt, analysts warn
(DBN)

Why it's too early to celebrate July's jobs report
(DBN)

The record number of workers quitting is now in its third month, and it looks here to stay • Workers quit at historic clip
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

‘We’re putting a lot of families at risk’: 7.5 million Americans to lose unemployment benefits soon
(DBN)

Here’s when the eviction ban, student loan pause and other Covid programs expire
(DBN)

The vaccinated are angry. That's understandable but unproductive, health experts say
(DBN)

Los Angeles County considers requiring proof of vaccination at some venues
(DBN)

New Haven: Citywide Mask Mandate Takes Effect
(DBN)

Infrastructure Bill Moves Closer to Senate Passage After Delays • Infrastructure senators brush off criticism from left, right
(DBN)

Consumer Inflation Expectations Hit Eight-Year High in Fed Study
(DBN)

S&P 500 firms have discussed inflation a record number of times this quarter amid a 900% surge in mentions, BofA says
(DBN)

Mohamed El-Erian says the Fed should be tapering already amid inflationary signals
(DBN)

Earnings estimates have recovered to pre-pandemic levels
(DBN)

Covid vaccine mandates hit corporate America as delta variant spurs action
(DBN)

U.S. Risks Fiscal Cliff in Fall as Partisan Lines Drawn on Debt • Yellen Urges Lawmakers to Take Bipartisan Approach to Debt Limit • Yellen urges Congress to raise debt limit with GOP support • Janet Yellen warns of 'irreparable harm' and a potential federal government shutdown if Congress doesn't raise the debt limit • McConnell doubles down on debt ceiling fight
(DBN)

Corporate America Is Ponying Up for Workers Suddenly in Demand
(DBN)

Democrats Release Budget Resolution Teeing Up $3.5 Trillion Plan • Democrats’ massive spending plan, explained • Senate Democrats just laid out their $3.5 trillion plan to hike taxes on the wealthy and begin fighting climate change - without any Republican votes • Dems leave debt ceiling out of budget plan, setting Congress up for showdown • Dems release sprawling budget plan as Senate moves to pass infrastructure bill • Families With Children Could Get a Windfall if Democrats' $3.5 Trillion Budget Goes Through
(DBN)

Elizabeth Warren wants to jack up taxes on Amazon, Microsoft and other companies making over $100 million in profits
(DBN)

Dallas Fed President Rob Kaplan on the Economy and Monetary Policy Right Now
(DBN)

Fed’s Bostic Urges Faster Bond Taper as U.S. Economy Strengthens
(DBN)

Tesla is reportedly requiring masks at a battery factory in Nevada amid a threatened mask mandate from the state government
(DBN)

It's time to end the US steel and aluminum tariffs
(DBN)

National mile-driven tax pilot program tucked into $1.2 trillion infrastructure bill
(DBN)

Remote Working: Office politics move into the home - who gets the corner office?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

New Eviction Ban Reflects Government ‘Gamesmanship,’ Judge Says • Federal judge suggests 'gamesmanship' at play in Biden administration eviction freeze
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.40%"
(DBN)

Fannie and Freddie: REO inventory declined in Q2, Down 49% Year-over-year
(DBN)

Has the pandemic put property rights in the crosshairs?
(DBN)

Biden Eviction Moratorium Isn't Illegal No Matter How Many Law School Professors Whine About It
(DBN)

Bankruptcy Claims of Illinois Tax Purchasers After Expiration of the Redemption Period and Before Recording of the Tax Deed
(DBN)

A Black real estate agent wanted to show a house to Black clients. They ended up handcuffed at gunpoint.
(DBN)

Fannie and Freddie: REO inventory declined in Q2, Down 49% Year-over-year
(DBN)

Texas Firm Hines Raises $625 Million for U.S. Real Estate Bets
(DBN)

Soaring home prices are spooking buyers
(DBN)

North Texas Real Estate in July: Sales Down 16% YoY, Inventory Down 33% YoY
(DBN)

Housing Inventory August 9th Update: Inventory Increased Slightly Week-over-week, Up 34% from Low in early April
(DBN)

'Most successful squatter' has lived in home 20 years
(DBN)

____________

Municipalities:

Analysts question integrity of new Puerto Rico bonds without legislative OK
(DBN)

____________

Oil/Gas:

Seadrill clears the way for Chapter 11 filing
(DBN)

At Least Two-Thirds of Global Car Sales Will Be Electric by 2040
(DBN)

Electric vehicles forecast to overtake gas engines within a decade
(DBN)

Permian Basin Gets Vote of Confidence With Infrastructure Plan
(DBN)

____________

Coal:

Major New Climate Report Puts Pressure on COP26 to ‘Consign Coal to History’
(DBN)

____________

Movies:

Earnings Day Matters for AMC Even If Its Actual Results Don’t • AMC Beats Analyst Estimates Even with Movie Attendance Slow
(DBN)

AMC Adds Several New Theaters This Year, With Most Being Previous Arclight Leases
(DBN)

AMC losses improve but are still rated R
(DBN)

Moviegoers Can Soon Pay For AMC Tickets Using Bitcoin
(DBN)

AMC Theatres and Warner Bros. Agree to Shorten Theatrical Window
(DBN)

____________

Water:

Water Cutbacks Coming to Arizona
(DBN)

CA: Russian River Water Rights Curtailed
(DBN)

____________

Student Debt:

Unlike free college, discharging student loans in bankruptcy is a great idea
(DBN)

Biden unleashes state regulators on student-loan abuses, reversing Trump-era policy
(DBN)

____________

Mining:

Centerra Gold Swings to 2Q Loss After Kyrgyzstan's Seizure of Kumtor Mine
(DBN)

____________

Pharma:

Purdue Pharma Defends Releasing Sacklers in Bankruptcy Plan
(DBN)

Protesters before Purdue bankruptcy hearing • A Protest Against Purdue Settlement Transforms Courthouse Landscape Into a Graveyard
(DBN)

Democrats' high-stakes fight against pharma
(DBN)

____________

Television:

Tokyo Olympics ratings spiral, spelling trouble for traditional TV
(DBN)

____________

Debt Collection:

Debt-Collection Reforms Draw Congressional Focus Post-COVID
(DBN)

____________

Politics:

Cuomo’s Fate Rests With N.Y. Lawmakers Considering Impeachment • Time’s Up chair resigns after reportedly aiding Cuomo effort to discredit accuser • Time's Up Chairwoman, a Prominent Lawyer Suing Trump on Multiple Fronts, Resigns After Report Shows Role in Efforts to Discredit Gov. Cuomo's Accuser • ‘Not normal.’ Ex-Cuomo aide details groping allegations • Cuomo impeachment committee expects to finish reviewing evidence within ‘several weeks’
(DBN)

Texas Democrats win restraining order preventing arrest, begin to return home
(DBN)

White House grapples with COVID-19 resurgence
(DBN)

"Where the hell are the data?": Biden officials grow frustrated with lack of CDC visibility
(DBN)

Partisan fight over vaccine mandates moves to House
(DBN)

Louisiana governor fasting, praying over virus
(DBN)

Texas governor faces legal challenges on mask mandate ban as hospitalizations soar
(DBN)


McAuliffe campaign to require staff to get coronavirus vaccine
(DBN)

Survey: Fox News only network to see increase in trust among viewers since February
(DBN)

Virginia contends with Confederate names on side streets
(DBN)

‘They Can’t Arrest All of Us’: Rand Paul Implores Defiance of Covid Mandates from ‘Petty Tyrants’ in Wild Rant
(DBN)

White extremism is winning in my Vermont town. I'm selling my animal sanctuary and moving.
(DBN)

____________

 
New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (6 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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)

______________

Obits:

In Remembrance of Barbara M. Barron
(DBN)

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Statutory Interpretation:

Shall We Consider the Use of the Word "Shall" Again?
(DBN)

____________

Automatic Stay:

False advertising & bankruptcy law: $18 million for deceptive campaign in violation of automatic stay
(DBN)

____________

Aviation:

Why is vacation so expensive? Blame business travel (or lack of it)
(DBN)

Flight attendants grapple with ‘unprecedented rise’ in unruly passengers
(DBN)

Hawaiian Airlines is the latest carrier to mandate Covid vaccinations for staff
(DBN)

US airline JetBlue takes a gamble with budget-flight plans
(DBN)

Chinese Air Travel Posts Biggest Drop Since Start of Pandemic
(DBN)

Travel spending softens
(DBN)

Vaccines are required for travel. Here’s how unvaccinated people feel about that
(DBN)

I traveled overseas as the delta variant of COVID-19 surged. Here's what I wish I knew before my trip
(DBN)

LATAM Airlines posts $770 mln loss as pandemic travel restrictions linger
(DBN)

Etihad Airways expects surge of demand as H1 losses halve to $400 million
(DBN)

State airlines shy away from HNA restructuring, which is postponed for three months
(DBN)

PAL’s Chapter 11 hit by further delay as bank backs out: sources
(DBN)

____________

Retailing:

New York’s Iconic ABC Carpet & Home Faces Takeover by Lenders
(DBN)

Amazon lets consumers file complaints for faulty goods from third-party sellers
(DBN)

____________

Taxi:

Longtime San Antonio taxi company bought by Uber-type service after bankruptcy
(DBN)

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Personal Finance:

How much workers need to save to feel financially secure in retirement
(DBN)

If your employer fires you because you won't get the COVID vaccine, don't expect to collect unemployment
(DBN)

____________

Sports:

Immigrants' pivotal role in TeamUSA's Olympic success
(DBN)

____________

Fitness:

Will gyms go the way of arcades and movie rental stores?
(DBN)

____________

Celebs:

Erika Girardi Drops Objection To Transfer Of Girardi Keese's Mesh, NFL Concussion Cases
(DBN)

Judge Denies Britney Spears' Request To Toss Father Off Conservatorship • Britney Spears Rebuffed In Efforts To Speed Up Tossing Her Father Off Conservatorship; Singer Could Try Again
(DBN)

____________

Climate:

Climate Scientists Reach ‘Unequivocal’ Consensus on Human-Made Warming in Landmark Report
(DBN)

Climate crisis: world is at its hottest for at least 12,000 years – study • IPCC climate report: Earth is warmer than it’s been in 125,000 years
(DBN)

IPCC: Loss of Entire Countries This Century
(DBN)

Much of Climate Change is Irreversible
(DBN)

There’s Already Enough Greenhouse Gas in the Air to Heat the Planet by 1.5°C
(DBN)

Heat wave engulfs much of U.S., as wildfires rage in West
(DBN)

Thousands of Californians under evacuation orders as Dixie Fire nears 500,000 acres
(DBN)

Wildfire menaces second California town as dry heat fuels blazes
(DBN)

Aircraft help fight California wildfire as smoke clears
(DBN)

A California survivor trapped by the Dixie Fire said he was ready to shoot himself and his dog if he couldn't escape

As the Dixie Fire and Others Burn, the U.S. Struggles to Find Enough Firefighters
(WSJ)

Germany to Allocate 30 Billion Euros to Repair Flooding Damage
(DBN)

“Unprecedented’: Massive forest fire ravages Greek island
(DBN)

U.K. Heat Strategy Pushed to September as Climate Pressure Grows
(DBN)

Five Key Takeaways From the Latest IPCC Report on Climate Change • Today's climate reality was predicted by IPCC 30 years ago — now what?
(DBN)

The devastating new UN report on climate change, explained
(DBN)

Scientific advances narrow range of scenarios for projected global warming
(DBN)

____________

Cruise Lines:

Ron DeSantis Took On Cruise Lines And Ran Right Into An Iceberg
(DBN)

____________

Agribusiness:

Historic drought threatens California farms supplying much US food
(DBN)

____________

Sovereigns:

The New-Old Sovereign-Debt Challenge
(DBN)

____________

UK:

Provident scheme is blot-free
(DBN)

U.K. Says Business Closures Surged 43% in Second Quarter
(DBN)

Covid Travel Tests Probed by U.K. Competition Watchdog
(DBN)

Anti-vaccine protesters try to storm BBC and ITV studios as they clash with cops during rally
(DBN)

____________

Canada:

Canada opens borders to vaccinated Americans • ??Take a look at the 6-mile lines going into Canada, where drivers are waiting up to 7 hours to enter after the US travel ban lifted
(DBN)

Canadian wildfires could intensify from a looming heat wave.
(DBN)

____________

Mexico:

Mexican president plans to ask Harris for southern border to reopen 'completely'
(DBN)

____________

Ireland:

Ireland stares down major changes to its tax system
(DBN)

____________

Indonesia:

Indonesia Readies for Life With Virus as Jakarta Curbs Eased
(DBN)

Stalled Stimulus Leaves Indonesia’s Small Firms With No Lifeline
(DBN)

____________

China:

Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors
(DBN)

China Punishes Dozens of Officials as Delta Outbreaks Spread • Goldman Lowers China Growth Forecast on Delta Virus Outbreak
(DBN)

China’s Factory Inflation Surges Again on High Commodity Prices
(DBN)

China’s Covid lockdown could have economic costs to the world, says strategist
(DBN)

____________

Belarus:

Belarus faces flood of new sanctions on anniversary of rigged election
(DBN)

____________

Hong Kong:

Closing down an insolvent company without going to court
(DBN)

____________

France:

France’s virus pass now required in restaurants, trains
(DBN)

____________

India:

Bankrupt companies’ prior conduct under lens
(DBN)

NCLAT ruling on spectrum could make resolution tough if Vodafone Idea files for bankruptcy
(DBN)

____________

Japan:

Support measures push Japanese corporate bankruptcies to 50-year low
(DBN)

____________

Vietnam:

Hotels up for sale as tourism market struggles due to pandemic
(DBN)

____________


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