August 11, 2021

The Daily Bankruptcy News

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Law:

Biglaw Heavy Hitters Add Vaccine Mandates To Their Reopening Policies
(DBN)

Biglaw Firms Continue To Roll Out Vaccine Mandates, Delay Reopenings
(DBN)

Why Didn’t Remote Work Change Law Firm Billings?
(DBN)

Biden Picks Williams as First Black Manhattan U.S. Attorney
(DBN)

Elizabeth Prelogar Picked by Biden to Be Solicitor General
(DBN)

Wanna Be General Counsel? These Biglaw Firms Are The Best For Getting Attorneys Directly Into That Role
(DBN)

Law Firms Get Noncommittal on Return Dates as Delta Variant Spreads
(DBN)

Gunner Plans To Be So Ethical It's Literally Unfair
(DBN)

Attorneys not as safe from robots taking their jobs as previously believed, researchers find
(DBN)

Man charged in Capitol riot assault can be released on bond Man charged in Jan. 6 assault on Capitol police officer Brian Sicknick ordered released West Virginia Sandwich Shop Owner Who Allegedly Attacked Officer Sicknick on Jan. 6th Just Beat the Feds on Bail. Here's How He Did It. No trials before January for 'Oath Keepers' facing Jan 6 riot charges 'We're Just Taking Over the Capitol': Husband and Wife Charged in Jan. 6 Pro-Trump Siege Abundance of Jan. 6 Evidence Collides With Suspects’ Right to Speedy Trials
(DBN)

Ex-DOJ Official’s Reported Plot to Subvert the 2020 Election for Trump Raises Expert’s Alarm About 'Insider Threat'
(DBN)

Dominion Voting Systems Sues Newsmax, OAN Over Election Claims Dominion Voting Sues Newsmax, OAN, The Overstock Weirdo For $1.6 Billion Dominion Sues Right-Wing Networks OAN and Newsmax Over 'Race to the Bottom' Election Fraud Conspiracy Theories
(DBN)

An off-duty officer shot a man with an intellectual disability at Costco. He has been charged with manslaughter.
(DBN)

Twenty-Fold Surge in Migrants Seeking the U.S. Alarms Panama
(DBN)

Migrant encounters at U.S.-Mexico border are at a 21-year high
(DBN)

Biden’s Challenge at the Border
(DBN)

Gov. Newsom Allows Parole for Man Who Brutally Murdered a Disabled Person in 1980. The Convicted Killer Was Considered a 'Danger to Society' as Recently as Last Year.
(DBN)

California Foster Mother Refused to Help as Dying, Severely Disabled Girl Suffered for Hours
(DBN)

‘We Don’t Know What They Could Have Been’: Pa. Man Set Fire to Kill His Own Son and Two Grandchildren, Coroner Finds
(DBN)

Driver Charged With Manslaughter After Alcohol-Fueled Road Rage Crash Left a Pregnant Woman and Her Unborn Child Dead: Police
(DBN)

Private prisons are a failed experiment with ‘perverse and immoral incentives,’ ABA House says in calling for their end
(DBN)

School dress codes mandating skirts for girls may violate Title IX, 4th Circuit rules
(DBN)

Congress should study slavery reparations and address racial disparities in incarceration, ABA House says
(DBN)

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Judges:

Abortion opponents cite Justice Ginsburg in arguments to overturn Roe v. Wade Like Salt In A Wound, Anti-Choice Advocates Cite RBG In Briefing
(DBN)

Will He Or Won't He? Supreme Court Watchers Wonder If/When Breyer Will Retire
(DBN)

What prior public-health scares can teach us about the court’s response to COVID-19
(DBN)

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Wall Street:

Stock futures little changed after Dow, S&P close at all-time highs
(DBN)

Dow rises 160 points to close at a record after Senate passes $1 trillion infrastructure bill
(DBN)

Goldman Women Say ‘Overwhelming’ Bias Proof Merits Quick Ruling
(DBN)

How much junior investment bankers are getting paid at 13 Wall Street firms after a frenzy of salary hikes
(DBN)

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Gambling:

In-person gamblers lifting US casino market to its best year
(DBN)

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Personal Finance:

If you're the remote worker in a meeting you're more likely to be overlooked - here's how to stay visible
(DBN)

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Movies:

AMC's meme status cannot fix the movie theater business
(DBN)

Jim Chanos Says AMC Entertainment’s Fundamentals Have Gotten Worse Legendary short-seller Jim Chanos lambasts AMC day-traders, and says the company's deteriorating fundamentals made him put on a small short position
(DBN)

AMC CEO Adam Aron says theater chain is going ‘on offense’
(DBN)

AMC is hoping sales at the box office reach $5.2 billion, here’s why that’s a big ask
(DBN)

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Tech:

Chip Delivery Time Surpasses 20 Weeks in No Sign Shortage Easing
(DBN)

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Retailing:

Retailer ABC Carpet & Home Facing Takeover by Lender
(DBN)

Amazon to Pay Up to $1,000 For Injuries Caused by Sellers’ Goods
(DBN)

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Student Debt:

ABA will press Congress to ease student loan discharge in bankruptcy 'Undue hardship' is too strict a standard to discharge student loans in bankruptcy, ABA argues
(DBN)

Student loan borrowers have 6 months before payments restart. What to know now
(DBN)

Progressives turn up heat on Biden over student loans
(DBN)

Durbin Files Legislation That Would Allow Student Loans To Be Discharged in Bankruptcy
(DBN)

Student-loan debt 'follows you to your grave,' a top Democrat says. Here's how his new bill would prevent that.
(DBN)

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Celebs:

'RHOBH' Star Erika Jayne Drops Fight Over Bankrupt Husband Thomas Girardi's Stake In NFL Concussion Lawsuits Which She Believed Could Net $20 Million
(DBN)

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Insurance:

Former Trinity Healthshare Ministry Files For Bankruptcy
(DBN)

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Autos:

Hertz saw second-quarter revenue surge to $1.9 billion amid travel rebound
(DBN)

Tenn. Nissan plant to close for 2 weeks due to chip shortage
(DBN)

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History:

The mandatory vaccinations that triggered a riot in Montreal in 1885
(DBN)

Residential schools were a key tool in America's long history of Native genocide Human rights violations at American Indian boarding schools must be investigated, ABA House says
(DBN)

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Construction:

Bankrupt modular builder Katerra sells factories to rivals
(DBN)

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Fraud:

Tech-savvy teens falling prey to online scams faster than their grandparents
(DBN)

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Healthcare:

Vermont hospital struggles to recover from bankruptcy
(DBN)

Medicare has become more of a private marketplace — and it's costly
(DBN)

Missouri court rules Medicaid expansion must begin immediately
(DBN)

Delta variant pushes U.S. cases, hospitalizations to 6-month high Delta Strains Hospitals Across U.S. as Unvaccinated Fill ICUs Nearly 94,000 Kids Got COVID-19 Last Week. They Were 15% Of All New Cases August 10th COVID-19: New Cases, Hospitalizations, Vaccinations
(DBN)

New data on coronavirus vaccine effectiveness may be "a wakeup call"
(DBN)

About One in Five Americans Remain Vaccine-Resistant
(DBN)

Some Republicans Blame Migrants For COVID-19 Surges. Doctors Say They're Scapegoating
(DBN)

Arkansas reports new record for hospitalizations
(DBN)

Schools go against DeSantis, require masks
(DBN)

Trump's Surgeon General slammed Florida's ban on mask mandates: 'We're letting politics get in the way of protecting our youth'
(DBN)

FactCheck: The Centers for Disease Control and Prevention’s recent guidance on students and masking “lacks a well-grounded scientific justification.”
(DBN)

Ambulances wait outside hospitals as COVID infections spread
(DBN)

Florida requests 300 ventilators from federal government as COVID cases keep rising
(DBN)

Texas Hospitals are Out of ICU Beds
(DBN)

Florida Gov. DeSantis threatens to withhold school leaders' pay if they require masks
(DBN)

Governor Abbott faces legal challenges on mask mandate ban as hospitalizations soar
(DBN)

Texas County Wins Court Order Overriding Governor’s Mask Ban
(DBN)

Biden Says He Doesn’t Think He Can Overrule Governors on Masks
(DBN)

Former surgeon general: 'Unconscionable' for states to ban mask mandates
(DBN)

Amid delta surge, confusion again reigns
(DBN)

Covid Shots’ Benefits Outweigh Side-Effect Risk, CDC Report Says
(DBN)

High trust in doctors, nurses in US, AP-NORC poll finds
(DBN)

US turns to social media influencers to boost vaccine rates
(DBN)

COVID-19 burden leading to more violence at protests, distrust in government
(DBN)

Some worry the Johnson & Johnson shot isn't enough. New study offers answers - and questions.
(DBN)

France, Italy Impose Strict Covid-19 Vaccine Mandate
(WSJ)

COVID-19 boosters: Some in US getting extra shot without FDA approval
(DBN)

Delta plus variant of the coronavirus reported in California — what we know so far
(DBN)

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Economy:

Senate passes $1.2 trillion bipartisan infrastructure package McConnell joins Dems in voting to pass $1 trillion infrastructure bill The 19 GOP senators who voted for the $1T infrastructure bill Trump is having little sway over Senate Republicans’ infrastructure votes What's in the $1.2 trillion Senate infrastructure package Biden's $1.2 trillion infrastructure bill could take years to transform U.S. Senate Passes Boost for Infrastructure in Victory for Biden Cornyn, Cruz vote against infrastructure bill that could give Texas more than $30 billion Dow, S&P 500 scale new peaks as $1 trln infrastructure bill passes How the $1 trillion infrastructure bill will direct billions toward tech spending Here’s what’s next for the $1 trillion bipartisan infrastructure bill
(DBN)

Senate votes to begin debate on Democrats' $3.5 trillion budget resolution Democrats take first step toward $3.5T spending plan Senate passes framework of $3.5 trillion budget plan that would expand Medicare Senate Democrats Pass $3.5 Trillion Blueprint for Biden’s Agenda
(DBN)

Democrats gamble on GOP caving in debt ceiling fight
(DBN)

U.S. Productivity Rose Less Than Forecast in Second Quarter
(DBN)

World's Economic Outlook Negative for First Time in 2020
(DBN)

The Global Economy Is Shrugging Off the Delta Variant, For Now
(DBN)

Corporate profit margins at record high despite rising costs
(DBN)

Workers Gaining Leverage To Take On Corporate Power
(DBN)

3 explanations for the labor shortage, according to Morgan Stanley
(DBN)

3.9 million people quit their jobs in June, and many are earning more money
(DBN)

3.4 million Americans are still long-term unemployed
(DBN)

Jobless Oklahomans just won back unemployment benefits - at least the 3rd GOP-governed state where that's happened
(DBN)

Pandemic unemployment benefits end in September—here’s who loses aid
(DBN)

AmEx Delays Employees’ Return to Office Until at Least Oct. 11
(DBN)

Only a Quarter of Office Crowd Now Working From Home
(DBN)

D.C. employees must get coronavirus vaccine or be tested weekly, mayor says DC Mask Mandate May Be in Effect Through Thanksgiving If Vaccinations Don't Increase
(DBN)

Oregon the latest state to resume indoor mask mandate as COVID surges
(DBN)

Citigroup Requires Vaccines for Employees Returning to Offices
(DBN)

Ted Cruz calls for 'zero' covid-19 mandates, while Rand Paul urges defiance amid delta variant surge
(DBN)

U.S. Inflation to Stay Hot in July as Sellers Flex Pricing Power Consumer inflation likely to be another scorcher in July, economists say
(DBN)

4 ways the US economy is 'mutating,' according to JPMorgan
(DBN)

All population growth in U.S. driven by minorities, upcoming census data likely to reveal
(DBN)

The Delta variant is pushing working moms to their breaking point. It's up to companies to make sure they don't burn out.
(DBN)

The Restructuring Landscape in Emerging Markets One Year into the Pandemic
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

New CDC Moratorium Won’t Stop Majority of Residential Evictions, Eviction Lawyers Say
(DBN)

NYC landlord fears bankruptcy amid eviction moratorium extension
(DBN)

With tenants who won’t pay or leave, small landlords face struggles of their own
(DBN)

Forbearance numbers fall, delinquency rates rise
(DBN)

3 signs that the housing market is starting to get better after a historic affordability crisis
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey Weekly mortgage demand hints at return of the first-time homebuyer
(DBN)

Home Builders Are Restricting Sales, Pushing Up New Home Prices
(WSJ)

To Sell Fast, Homeowners Are Making Their Mansions Move-In Ready
(DBN)

Miami orders residents to evacuate "unsafe" 8-story condo building
(DBN)

Second Home Market: South Lake Tahoe in July
(DBN)

Atlanta Real Estate in July: Sales Down 6% YoY, Inventory Down 44% YoY
(DBN)

New Hampshire Real Estate in July: Sales Down 15% YoY, Inventory Down 37% YoY
(DBN)

Sacramento Real Estate in July: Sales down 11% YoY, Active Inventory UP 27% YoY
(DBN)

Portland Real Estate in July: Sales Up 1% YoY, Inventory Down 23% YoY
(DBN)

The 7 best suburbs to move to are all in the South and Midwest, where people earn more and homes are cheaper
(DBN)

Where America's developed areas are growing: 'Way off into the horizon'
(DBN)

Lower Manhattan shows high demand for residential properties near office buildings, report finds
(DBN)

10 Cities Where Renters Can Afford to Live Alone
(DBN)

____________

Oil/Gas:

Shale’s Prudence Wins Over Debt Market With $42 Billion of Bonds
(DBN)

White House to call on OPEC to boost oil production as gasoline prices rise
(DBN)

Oil & Gas Advisory: 2021 Oil and Gas M&A Trends
(DBN)

Climate Report Exposes Fault Lines Within Fossil Fuel Industry
(DBN)

Oil Groups Comment on IPCC Report
(DBN)

Big Oil’s cognitive dissonance on climate change
(DBN)

How to Sell ‘Carbon Neutral’ Fossil Fuel That Doesn’t Exist
(DBN)

U.S. natgas output to rise, demand to fall in 2021 -EIA
(DBN)

U.S. EIA leaves 2021 world oil demand growth unchanged
(DBN)

U.S. crude output to fall less in 2021 than previously forecast -EIA
(DBN)

EV Sales Booming Everywhere but the US
(DBN)


Exxon launches U.S. shale gas sale to kick-start stalled divestitures
(DBN)

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Maritime:

Bouchard Bankruptcy Case: Not Yet At the Dock
(DBN)

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Festivals:

Bonnaroo Will Require Vaccination Or Negative Test As Live Music Adapts To Delta
(DBN)

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Pharma:

As Purdue Pharma Bankruptcy Nears Approval, Family Members Write About The Human Toll
(DBN)

Groups make own drugs to fight high drug prices, shortages
(DBN)

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Education:

Teachers Should Be Required to Get Covid Vaccines, Fauci Says
(DBN)

Why I’m Suing My Employer Over My University’s Faculty Meeting Mandate
(DBN)

Florida and Texas schools defy governors' orders banning mask mandates
(DBN)

Former CDC official expects schools 'will be forced to shut down' this year more than last over COVID-19
(DBN)

Pandemic prompts changes in how future teachers are trained
(DBN)

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Mass Torts:

Bankruptcy Judge Questions CertainTeed's Asbestos Maneuver
(DBN)

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Food/Beverage:

More in U.S. Grocery Shopping Online, Fewer Dining Out
(DBN)

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Mail:

Proposed Surcharges May Mean Mail Will Cost More this Holiday
(DBN)

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Politics:

New York Gov. Andrew Cuomo resigns in effort to head off likely impeachment in wake of report on his conduct Andrew Cuomo Resigns as New York Governor After Harassment Allegations New York Gov. Andrew Cuomo resigns over sexual harassment scandal, will leave office in 2 weeks Cuomo Creates Political Vacuum With Exit From State He Dominated Cuomo May Still Face N.Y. Impeachment to Keep Him From Running Cuomo Dynasty Sputters Out in Dramatic Fall, Lonely Resignation New York AG James Says Cuomo Resignation ‘Closes a Sad Chapter’ Why Andrew Cuomo Had to Resign Cuomo Not the First Governor Forced to Quit Why Cuomo Resigned but Trump Didn't
(DBN)

N.Y.’s First Female Governor Must Clean Up After Cuomo Fallout Who is New York Lt. Gov. Kathy Hochul?
(DBN)

NSA watchdog to investigate Tucker Carlson's allegations he was spied on
(DBN)

Texas Democrats are in their fifth week of exile, and grappling with the toll of an endless summer on the run Abbott asks Texas Supreme Court to overturn judge's decision on arrests of Democrats Texas Supreme Court Says Republicans Can Order Arrests of Democrats Who Fled the State to Stop Conservative Agenda Texas GOP state House speaker signs warrants to arrest 52 Democrats
(DBN)

Marjorie Taylor Greene suspended from Twitter for a week over misleading comments on coronavirus vaccines
(DBN)

Wisconsin governor vetoes GOP bills restricting absentee ballots Wisconsin governor vetoes restrictions on absentee ballots
(DBN)

Claims of voter suppression in newly enacted state laws don't all hold up under closer review
(DBN)

Raphael Warnock’s plan to neutralize a GOP takeover of Georgia elections, explained
(DBN)

Fox News blames Biden for vaccine hesitancy
(DBN)

Voting Machine Tampering Is Coming From Inside The MAGA House
(DBN)

Democratic Senators Prepare for Battle on Voting-Rights Bill
(DBN)

Wyoming GOP leaders will no longer recognize Liz Cheney over Trump vote
(DBN)

How The Rise Of White Identity Politics Explains The Fight Over Critical Race Theory
(DBN)

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New Bankruptcy Opinions
(9 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 (3 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:

Specter of consumer bankruptcies clouds outlook as business filings decline
(DBN)

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Automatic Stay:

The Precarious Plight of Corporate and Partnership Debtors under Section 362(h) of the Bankruptcy Code
(DBN)

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Fiduciary Duty:

Seventh Circuit Revives State Law Claims Against Executives Acting As “Dual-Hat” Fiduciaries
(DBN)

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Subordination:

Once a Shareholder, Always a Shareholder: Subordination of Appraisal Rights under Section 510(b)
(DBN)

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Discharge:

Testing the Limits of Congressional Intent: Divorce Obligations in Bankruptcy after the 1994 Reform Act
(DBN)

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Subchapter V:

Applying Pre-Petition Retainer To Pre-Petition Fees After Bankruptcy Filing: Subchapter V (In re Ozcelebi)
(DBN)

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Ch. 13:

6th Circ rejects bankruptcy shield for 401(k) contributions, in certain cases
(DBN)

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Aviation:

New COVID restrictions could slow air travel
(DBN)

3 major airlines won't make workers get COVID vax
(DBN)

The FAA's new weapon in the fight against unruly passengers: Memes
(DBN)

Spirit Airlines stabilizes after more than a week of travel chaos
(DBN)

Head-Slamming Turbulence on Jetliners Eludes Easy Safety Fix
(DBN)

U.S. weighs 2050 target in bid to wean airlines off fossil fuels
(DBN)

Etihad Trims First-Half Loss With Costs Cuts as Travel Returns
(DBN)

SA court places Mango in immediate bankruptcy protection
(DBN)

Cathay Pacific’s Dire Run Eases as First-Half Losses Narrow
(DBN)

Dubai Airports Sees Rise in Traffic After 41% First-Half Drop
(DBN)

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Fraud:

Elizabeth Holmes Judge Weighs Unsealing Mental Evaluation in Criminal Case
(DBN)

____________

Crypto:

Change to Crypto Provision in Infrastructure Bill Blocked Outgunned Crypto Lobbyists Falter in Bid to Fix Broad Tax Rules
(DBN)

$611 Million in Cryptocurrencies Stolen in Massive Hack
(DBN)

Crypto gets captured
(DBN)

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Religion:

Bankruptcy forces Archdiocese of Santa Fe to sell properties
(DBN)

Does respect for human life mean vaccine mandates? Among religious groups, there is wide disagreement.
(DBN)

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Climate:

Charted: How we know humans cause global warming
(DBN)

IPCC's journey from "probable" to "unequivocal" on human-caused warming
(DBN)

UN climate report is our ‘final wake-up call,’ say environmental experts
(DBN)

3 Things To Know About What Scientists Say About Our Future Climate
(DBN)

When Climate Scientists Speak With Certainty, History Is Made
(DBN)

Climate scientists want you to know it's not too late
(DBN)

The Far-Right View on Climate Politics
(DBN)

U.S. Energy Emissions Set to Surge Most in More Than 30 Years
(DBN)

Dry California tourist town to guests: ‘Please conserve’
(DBN)

New Yorkers to Wilt Under Oppressive Heat as Power Demand Soars
(DBN)

Massive wildfire on Greek island of Evia devours forests Greeks battle to protect town from ferocious blaze
(DBN)

Algerian wildfires kill 42 people, including 25 soldiers
(DBN)

You May Live In A Fire-Prone Area But Not Know It. Wildfire Risk Is Growing Everywhere In The U.S.
(DBN)

How China Plans to Become Carbon-Neutral by 2060
(DBN)

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Coal:

Brazil Offers Lifeline to Coal After UN Calls for ‘Death Knell’
(DBN)

South Africa Outlines Timeline to Cut Energy Reliance on Coal
(DBN)

____________

Sovereigns:

Qatar Bank Asks U.S. Court to Order Eritrea to Pay $300 Million Debt
(DBN)

Is Africa Headed for a Financial Crisis?
(DBN)

____________

UK:

Experts reject ‘insolvency tsunami’ predictions but advise caution
(DBN)

What is a place of residence?
(DBN)

Alston & Bird Adds Restructuring Counsel Anna Nolan in London
(DBN)

75% of UK adults receive both doses of vaccine
(DBN)

U.K. Says Covid as a Cause of Death Reaches Three Month High
(DBN)

Anti-vaccine protesters tried to storm the BBC's offices. But they had the wrong address.
(DBN)

Report: Ex-UK leader Cameron made $10M from collapsed firm
(DBN)

____________

MENA:

NMC Health creditors meet next month to discuss 'revised' restructuring proposals
(DBN)

Deceptions and lies: What really happened in Afghanistan
(DBN)

Taliban ‘going door-to-door dragging out girls as young as 12 to make them fighters’ sex slaves’ in terrifying rampage
(DBN)

Inside the Biden administration as Afghanistan collapses
(DBN)

U.S. envoy warns Taliban of global cutoff if Afghanistan taken by force
(DBN)

____________

Japan:

Tokyo Deliberately Left Deadly Variant Out of Press Briefings During Olympics
(DBN)

Japan Reaches 100 Million Vaccine Doses as Focus Shifts to Youth
(DBN)

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Germany:

Germany Ends Free Covid Testing to Prod People to Get Vaccinated
(DBN)

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New Zealand:

New Zealand should only reopen border in early 2022, panel advises New Zealand Urged to Complete Vaccinations Before Opening Border
(DBN)

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Singapore:

Singapore’s economy rebounds in Q2 with 14.7% growth
(DBN)

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Mexico:

U.S., Mexico to discuss border reopening, agree on more vaccines Mexico Says U.S. Is Sending 8.5 Million Shots Amid Border Talks
(DBN)

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Germany:

German Investor Confidence Plunges Amid Virus Variant Concerns
(DBN)

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Kenya:

Get Vaccinated or Face Punishment, Kenya Orders State Workers
(DBN)

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Lithuania:

Thousands of Anti-Vax Protesters Block Parliament in Lithuania
(DBN)

____________

Switzerland:

Switzerland’s Housing Market May Become the Newest Property Bubble
(DBN)

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Australia:

Treasury Consults On Australian Creditors’ Schemes Of Arrangement Reforms.
(DBN)

Lockdowns May Delay Australia Growth by 6 Months, CBA Chief Says Delta’s Spread From Sydney Triggers Another Australian Lockdown Australian Consumer Confidence Drops on Delta Variant Lockdowns
(DBN)

Ashes fury as England WAGs could travel to Australia despite 38,000 stranded overseas
(DBN)

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India:

Financial creditors realized 36 per cent of their total claims under IBC: Govt
(DBN)

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