August 12, 2021

The Daily Bankruptcy News

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Law:

Skadden Mandates Vaccines For All, Sidley Remains Mum On Vaccination But Pushes Back Reopening Date
(DBN)

These Law Firms Boast Near 90% Vaccination Rates—Many Without a Mandate
(DBN)

Never Underestimate Big Law’s Ability to Raise Billing Rates
(DBN)

Akerman LLP Expands Bankruptcy and Reorganization Practice Group with Partner John Thompson in Washington, D.C.
(DBN)

5th Circuit warns of ‘cautionary tale for every attorney’ as it refuses to revive lawsuit
(DBN)

Maybe We Don't Talk About Our Erotica Preferences In A Summer Associate Interview
(DBN)

Judge denies Florida Coastal’s motion to reinstate federal aid
(DBN)

It’s Always The Law Professors You Think It’s Going To Be
(DBN)

Criminal Justice Professor Charged With Setting Series of Fires Around Massive Dixie Fire in California
(DBN)

Andrew Cuomo: Coming To A Biglaw Firm Near You?
(DBN)

Cybersecurity Incident and Litigation Review 2021
(DBN)

Rudy Giuliani joins Cameo • Rudy Giuliani Tries To Pay Mounting Legal Fees One Awkward Birthday Greeting At A Time
(DBN)

Federal Judge Hands Dominion Procedural Win: Defamation Lawsuit to Move Forward Against Giuliani, Sidney Powell, and MyPillow
(DBN)

What Excuse Will Mark Meadows Use To Avoid Telling Congress About Italian Space Lasers?
(DBN)

Arrest is made in fatal stabbing of lawyer in his New York City office
(DBN)

Why Are Former Lawyers So Bitter Sometimes?
(DBN)

Trump asked his AG about legal strategy to overturn election, Rosen tells senators
(DBN)

Trump faces legal hurdles in keeping tax returns private • U.S. judge says some Trump financial records should be turned over to House panel
(DBN)

Former U.S. Attorney in Georgia Told Senate He Resigned Because Trump Would Have Fired Him for Not Backing Fraud Claims: Report
(DBN)

Man bit off motorist’s nipple during road rage clash
(DBN)

Attorneys for Parkland massacre suspect want media, public barred from hearings
(DBN)

Officers who detained Black real estate agent, clients acted appropriately, department says
(DBN)

Trump slams officer who fatally shot rioter Ashli Babbitt
(DBN)

Massachusetts Issues First 3-Parent Birth Certificate
(DBN)

Prince Andrew faces no good choice in Epstein accuser case • Prince Andrew Cannot Ignore US Court Case
(DBN)

California dad murdered his toddler, infant over fears they had ‘serpent DNA’: FBI
(DBN)

Ex-Prosecutor Gets Five Years for Covering Up Police Chief’s Assault of Prisoner Who Allegedly Stole Bag of Porn and Sex Toys From His Car
(DBN)

Prosecutor Portrayed as 'Villain' in Central Park Five Series When They See Us Can Pursue Defamation Claims — But She Already Lost on More Than Half of the Scenes
(DBN)

Basketball Coaches Indicted for Murder After Allegedly Making 16-Year-Old Girl Practice in Extreme Temperature
(DBN)

White Man Attacked Black Driver in Road Rage Incident, Performed Nazi Salute, and Threatened Mass Shooting: Deputies
(DBN)

Man fined $620 for gender reveal explosion
(DBN)

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Judges:

Some Texas courts agree to courthouse mask mandates despite governor’s contrary order
(DBN)

Biden’s Solicitor General Nominee Previously Served as Assistant Special Counsel to Robert Mueller, Clerked for Two SCOTUS Justices—Including RBG
(DBN)

It's Not Who You Know, It's Who You Clerk For
(DBN)

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Wall Street:

U.S. stock futures mixed as market shrugs off inflation report
(DBN)

Economy-linked stocks boost Dow to new highs as inflation growth slows
(DBN)

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Layoffs:

Robots are the new farmhands
(DBN)

Apogee laying off 400 workers, closing two glass plants
(DBN)

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Education:

Surging Covid cases in kids drove U.S. teachers union to back vaccine mandates
(DBN)

Newsom to announce nation's first vax-or-test rules for teachers
(DBN)

America, This Is You. Grow the Hell Up.
(DBN)

Oregon Gov Kate Brown scraps need for high school students to prove proficiency in math, reading and writing to get diploma in bid to bolster minority students who 'don't test well'
(DBN)

Black mother condemns her daughter's black Atlanta elementary school principal for segregating classes by race to give African-American kids 'the services that they need'
(DBN)

____________

Crypto:

SEC Chair Gensler tells Sen Warren the SEC needs more crypto regs
(DBN)

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Taxis:

Lack of drivers, NYC workers leads to yellow cab shortage during COVID pandemic
(DBN)

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Healthcare:

More than a million Americans have already cheated to get unauthorized vaccine boosters
(DBN)

Colonoscopies reveal vast price discrepancies at America's hospitals
(DBN)

August 11th COVID-19: Over 132 Thousand New Cases, 664 Deaths Reported Today
(DBN)

WHO: Global Covid cases on track to add 100 million by early next year
(DBN)

CDC recommends pregnant women get COVID-19 vaccine
(DBN)

Scores of police officers are refusing the COVID vaccine
(DBN)

New study finds one vaccine may be superior against delta variant
(DBN)

The developer of the AstraZeneca shot says the Delta variant has made herd immunity impossible because vaccinated people can still transmit the virus
(DBN)

Only 2 pediatric ICU beds open in Dallas area
(DBN)

Texas governor's ban on mask mandates dealt second legal blow • Judge Destroys Abbott's Ban on Mask Mandates
(DBN)

Abbott Threatens to Sue School Districts Who Require Masks
(DBN)

Hospitals run low on nurses as they get swamped with COVID
(DBN)

DeSantis faces new resistance over mask rules
(DBN)

DeSantis says he doubts reports of Florida ventilators request • Federal government sends ventilators to Florida, but DeSantis says he's unaware • Florida to receive hundreds of ventilators from U.S. government to help state's record hospitalizations
(DBN)

This map shows the risk COVID poses to every single US state. It puts Arkansas, Louisiana, Mississippi, and Florida at 'severe'.
(DBN)

Mississippi health official says state will see a lot of Covid deaths
(DBN)

Oregon governor warns hospitals could be overwhelmed
(DBN)

Florida covid hospitalizations new peak
(DBN)

'Where are you?' Miss. governor blasted as hospital clears out parking garage to house COVID-19 patients
(DBN)

Millions of coronavirus vaccine doses around the world face expiration
(DBN)

What it feels like to get Covid-19 after being vaccinated
(DBN)

A scientist who came out of retirement to help fight covid loses his own battle
(DBN)

Anti-vax radio host Marc Bernier hospitalized with COVID-19
(DBN)

____________


Economy:

July consumer prices jump 5.4%, but core inflation rises less than expected • Cleveland Fed: Key Measures of Inflation in July • Prices rise 5.4% in July over last year as the economy claws back from pandemic depths • BLS: CPI increased 0.5% in July, Core CPI increased 0.3% • U.S. consumer price increases slow in July, signs inflation peaked • Faith in Fed may lead inflation forecasters astray
(DBN)

Investors renew focus on Fed following signs inflation may have peaked
(DBN)

Biden White House jammed on gas prices • Biden Calls for Probe of Gasoline Prices
(DBN)

Fed officials grapple over timeline for tapering asset purchases
(DBN)

Biden says he trusts Fed to take action on inflation if needed
(DBN)

U.S. July budget deficit hits $302 billion as spending remains high
(DBN)

A New Study Says 3.5 Million California Households Can’t Cover Basic Needs
(DBN)

U.S. Democratic Senator Manchin objects to $3.5 trln spending bill • GOP prays Sinema and Manchin pare back Dems’ big spending bill • Manchin sends warning shot over 'serious concerns' about $3.5T spending plan • Top Dem sees tough pathway for $3.5T social, climate plans • As Senate debates Dems’ $3.5T budget, GOP launches attacks • Here Are 5 Hurdles That Democrats Face For Their $3.5 Trillion Budget
(DBN)

Rocky road ahead for infrastructure, budget plans
(DBN)

It's now Pelosi's move on bipartisan roads bill • McConnell stresses infrastructure's popularity with Republicans after Trump criticism
(DBN)

GOP, industry signal fight over potential Biden vaccine ‘threat’
(DBN)

Biden Meets With Leaders Who Required Employees to Get Vaccines
(DBN)

L.A. moves toward requiring proof of COVID vaccine indoors at restaurants, bars, gyms, stores
(DBN)

McDonald’s delays return to work for office workers, will require vaccination
(DBN)

The NYSE will require Covid vaccines for access to trading floor as of Sept. 13
(DBN)

Labor shortage gives retail and restaurant workers the upper hand—for now
(DBN)

A Black Market in COVID-19 Vaccination Cards Was Inevitable
(DBN)

Google employees who work from home indefinitely may face pay cut
(DBN)

U.S. railroad Amtrak to require employee vaccinations or testing, memo says • Amtrak Gives Workers Until Nov. 1 to Be Vaccinated Against Covid
(DBN)

The big drop in American poverty during the pandemic, explained
(DBN)

Secret IRS Files Reveal How Much the Ultrawealthy Gained by Shaping Trump’s “Big, Beautiful Tax Cut”
(DBN)

Where People From California Are Moving to the Most
(DBN)

Pilot Program In Virginia City Will Give $500 A Month To Low-Income Families
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

The Eviction Moratorium Won’t Save Renters — or Landlords
(DBN)

NYC landlord fears bankruptcy amid eviction moratorium extension
(DBN)

Federal rental assistance still isn’t reaching people
(DBN)

A GoFundMe topped $200K after a woman said she and her kids faced eviction. Then their real mom came forward.
(DBN)

Colorado Real Estate in July: Sales Down 13% YoY, Inventory Down 49% YoY
(DBN)

Houston Real Estate in July: Sales Down 4% YoY, Inventory Down 21% YoY
(DBN)

Charlotte Region Real Estate in July: Sales Down 10% YoY, Inventory Down 42% YoY
(DBN)

Des Moines Real Estate in July: Sales Down 9% YoY, Inventory Down 25% YoY
(DBN)

Wall Street doesn't want millennials to have affordable houses — it's intentionally underselling
(DBN)

Repeal of the cap on state and local tax deduction still in play
(DBN)

____________

Oil/Gas:

Bankrupt Limetree Bay refinery gets $10 mln debtor-in-possession funds to unwind
(DBN)

Exxon, Chevron look to make renewable fuels without costly refinery upgrades -sources
(DBN)

Oil prices steady as IEA warns of demand recovery slowdown
(DBN)

Chesapeake doubles down on U.S. shale gas with Vine Energy buy • A Decade After Aubrey McClendon Caught The ‘Tiger By The Tail’ — Chesapeake Energy Returns To Haynesville Shale With Big Acquisition
(DBN)

U.S. House Democrats seek at least $160 billion in new EV funding • No EV tax credit if you earn more than $100,000, says US Senate
(DBN)

Chesapeake to Buy Blackstone-Controlled Shale Gas Driller
(DBN)

____________

Retailing:

Famed New York City store may be considering bankruptcy
(DBN)

Survey: Intoxicated online shopping is soberingly big business
(DBN)

Placer.ai: Mall resurgence begins!
(DBN)

Family Dollar employees at Nebraska store walk off job, cite low pay and long shifts
(DBN)

____________

Movies:

Cineworld eyes U.S. listing to bolster pandemic-strained finances
(DBN)

____________

Tech:

Bipartisan bill targets Apple and Google’s ability to profit from app stores
(DBN)

____________

Agribusiness:

In blistering drought, California farmers rip up precious almond trees
(DBN)

____________

Distressed Investing:

Victor Khosla Warns Distressed-Debt Hedge Funds Are Losing Their Edge
(DBN)

____________

Politics

McConnell Credits Biden for Infrastructure Breakthrough, Dismisses Trump Criticism
(WSJ)

A look back at the rise and spectacular fall of the Cuomo brothers • The Tragedy of the Cuomos • Chris Cuomo's ratings among female viewers take a nosedive • Cuomo Critics Push for Impeachment So He Can’t Hold Office • 'He's a fighter': Rudy Giuliani says Cuomo will 'resurrect himself' • 'Blood money': Disgraced Creep Cuomo still eligible for $50K annual pension • Cuomo Confronts Post-Albany Future Clouded by ‘Toxic’ Reputation Later • Hochul vows change from ‘toxic’ Cuomo administration
(DBN)

Rand Paul cut off from YouTube for a week following criticism of face masks • Rand Paul calls YouTube suspension over coronavirus mask skepticism a 'badge of honor' • Rand Paul discloses wife's investment in remdesivir parent company, 16 months later
(DBN)

Poll: Majorities support vaccine, mask mandates — but not Republicans
(DBN)

Senate Democrats set up post-recess clash on voting rights bill
(DBN)

Utah governor responds to constituent demanding he change 'obscene' last name
(DBN)

The Great GOP Mask Wars
(DBN)

Religion and politics — the younger generation isn't having it
(DBN)

Trump was 'in pain and afraid' from COVID-19, says niece Mary Trump
(DBN)

'This Is a Mistake': Steve Bannon Slams Mike Lindell's Symposium for Not Proving Voter Fraud
(DBN)

Census data spurred GOP’s largest partisan edge in decades
(DBN)

The Coming War Over Redistricting
(DBN)

____________

 
New Bankruptcy Opinions
(6 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 (2 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:

BK MN: Updated Case Filing Statistics
(DBN)

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Bankruptcy Reform:

Congress Proposes Significant Bankruptcy Code Changes to Protect Tort Claimants and Creditors, But What are the Real Consequences?
(DBN)

____________

UST:

Delaware Bankruptcy Court Rebuffs U.S. Trustee Effort to Collect Statutory Fees from Litigation Trust Distributions
(DBN)

____________

Aviation:

Flight attendant union sends blistering response to Spirit's request for airport volunteers amid cancellation chaos
(DBN)

Airlines begin to see drop in travel demand as virus numbers rise • Demand for air travel flatlines amid COVID surge
(DBN)

Vaccine passports gain traction as delta variant threatens travel recovery
(DBN)

Southwest Airlines cuts outlook, warns on delta Covid variant hurting bookings • Southwest warns on profits as Delta variant spurs cancellations
(DBN)

Hawaii to reimpose COVID-19 restrictions as Delta variant surges
(DBN)

Caught On Camera: Teenage Passenger Restrained On Flight From Maui To Los Angeles • Watch American Airlines staff use duct tape to restrain a 13-year-old boy accused of trying to kick out a window
(DBN)

So much for 'post-pandemic' travel. E.U. weighs restrictions on American tourists, while U.S. says avoid Europe.
(DBN)

____________

Food/Beverage:

Are restaurant owners brave or stupid for turning away the unvaxxed?
(DBN)

People are starting to shun restaurants as the Delta variant spreads - especially in states where the virus risk is high
(DBN)

____________

Mass Torts:

Insurers Misuse Proof of Claim Forms in Mass Tort Bankruptcy Cases
(DBN)

Judge set to begin key hearing in Boy Scouts bankruptcy case • Explainer: What's at stake in Boy Scouts bankruptcy case • Boy Scouts Taking Bankruptcy Plan Before Judge For Approval
(DBN)

____________

Climate:

Coast-to-Coast Heat Will Break Records and Steam New York City • 200 Million in US Under Heat Advisories
(DBN)

Huge California fire grows; Montana blaze threatens towns
(DBN)

Pacific Northwest braces for another multiday heat wave
(DBN)

What does extreme weather tell us about climate change?
(DBN)

Firefighters tackling 105 blazes face threat of more fires as heat wave looms
(DBN)

Countries That Could Go Extinct from Climate
(DBN)

EU's All Time Heat Record Set in Sicily
(DBN)

Study of Earth's Deep Past Reveals Terrifying Global Warming Warning
(DBN)

____________

Utilities:

PG&E Wildfire Victims Still Unpaid as New California Fires Weigh on Company’s Stock
(WSJ)

PG&E Faces Growing Risk of State Oversight as Fire Spreads
(DBN)

California Expects Power Supply Shortfall to Worsen in 2022
(DBN)

Texas Power Grid is Holding on By Its Fingernails
(DBN)

____________

Pharma:

Purdue Pharma bankruptcy trial begins with opponents eyeing Sackler shields
(DBN)

OxyContin Maker Purdue’s Chapter 11 Trial to Test Limits of Bankruptcy Powers
(WSJ)

____________

Student Debt:

Bipartisan bankruptcy reform bill proposes alternative to forgiveness hope or lifelong debt
(DBN)

____________

UK:

Rangers’ administration ‘fiasco’ as insolvency expert David Whitehouse claims final deal wasted millions of public money
(DBN)

Diners and doctors help UK economy to extend recovery
(DBN)

Scotland could pursue a money-laundering investigation into Trump's golf courses, a judge ruled after lawyers cited the Trump Organization criminal cases in New York • A Judge Just Granted a Review of Decision Not to Seek So-Called 'McMafia' Order on Millions of Dollars Trump Poured into Scottish Golf Courses
(DBN)

____________

Australia:

Bankruptcy & Insolvency - AFSA highlights regulatory priorities for 2021-22
(DBN)

Devastated Melbourne businesses close their doors as furious bosses blast Dan Andrews for pushing them to the brink of bankruptcy before giving them any support
(DBN)

New Zealand to gradually reopen to the world next year
(DBN)

____________

MENA:

Kuwait’s economic makeover under threat as small businesses fight for life
(DBN

UAE hospital group NMC begins process to exit administration
(DBN)

In Iran, slow vaccinations fuel anger in unending pandemic
(DBN)

____________

Germany

A German nurse injected patients with saline instead of coronavirus vaccines, sparking fury
(DBN)

____________

Caribbean:

WHO official pleads with Caribbean islanders to ‘wake up’ and get vaccinated
(DBN)

____________

Hong Kong:

Hong Kong forger Peter Chan bankrupt after failing to pay legal fees owed to late tycoon Nina Wang’s foundation in faked will case
(DBN)

____________

Japan:

Japan wholesale inflation hits 13-year high as import costs rise
(DBN)

____________

India:

Treatment of Intellectual Property License in Insolvency: Analyzing Indian law in comparison with the U.S. and U K
(DBN)

Liability of Personal Guarantors Under IBC
(DBN)

____________

Jamaica:

Mystic Mountain bankruptcy heads to court
(DBN)

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