August 17, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Even Biglaw Associates Struggle To Pay Their Massive Student Loans
(DBN)

Top Biglaw Firm Issues Vaccine And Universal Masking Mandates For All
(DBN)

This Biglaw Firm's Hiring The Most Lateral Associates
(DBN)

Pro-Trump Lawyer Erased by Firm
(DBN)

Deloitte is monitoring changes to law firm ownership rules, but isn’t planning to begin law practice here • Deloitte Not Ready to Practice Law in U.S., Tax Unit Chief Says
(DBN)

These 10 law schools are the choosiest
(DBN)

Law School Really Wants Things To Go Back To Normal -- Delta Variant Be Damned
(DBN)

A ‘Full-Service Law Firm’: Robert Durst’s Masked and Face-Shielded Lawyers Bizarrely Reenact Morris Black Shooting on Courtroom Floor • Robert Durst Admits He Was Lying When He Denied Writing 'Cadaver' Note. He Once Said Only Susan Berman’s Killer Could Have Written It.
(DBN)

Biglaw Partner Out Of A Job After Video Of Office Canoodling Makes The Rounds
(DBN)

The Way Back: How Law Firms Are Planning for Post-COVID Office Life
(DBN)

Staffer from major law firm sentenced to prison after spending $425,000 on designer clothes, other luxuries
(DBN)

Rudy Giuliani Gets Honorary Law Degree Revoked For Unlawyerly Behavior • Giuliani Should be Disbarred Nationally
(DBN)

Paul, Weiss Touts Anti-Death Penalty Reputation... So Why Is The Firm Helping Oklahoma Kill A Man?
(DBN)

How Quickly We Forget The Rule Of Law
(DBN)

Actor arrested in connection with Capitol riot; FBI cites evidence from his Instagram
(DBN)

Border Patrol agents have seized thousands of fake covid vaccine cards destined for locations across the U.S.
(DBN)

Two women claimed to be a dead man's wife. A lawsuit says the funeral home deceived one with an empty urn.
(DBN)

Police training programs fostering ‘warrior mindset’ face increasing scrutiny
(DBN)

Minnesota Man Indicted for Murder of Older Sister Shot 18 Times in Wave of Gunfire that Left 'Hundreds of Spent Rifle Casings' in Family Home
(DBN)

County Employee Allegedly Spray-Painted Swastika on Memorial for Black Man Who Died by Suicide
(DBN)

Man Allegedly Beat 11-Year-Old Autistic Boy's Head into Wall as 'Form of Discipline'
(DBN)

Woman Alleges Bob Dylan Repeatedly Molested Her at Age 12 After 'Grooming' Her With Drugs and Alcohol in 1965
(DBN)

Man Threatened to Blow Up Disney Executives’ Homes, Ranted About Activision, Sent 186 Tweets in Three Hours: Deputies
(DBN)

Mexican Grill in Texas Loses $5.5 Million Lawsuit for Over-serving
(DBN)

Father of Four Allegedly Crashed Head-on into Big Rig on Purpose While Entire Family Was in SUV
(DBN)

Charges dropped for man who crashed autopilot TESLA into cop car while watching movie
(DBN)

TX Gov Throws Back To School Party For Covid, State Supreme Court Hocks Celebratory Spit Glob In Punch Bowl
(DBN)

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Judges:

Judiciary Renews Calls for Security Funding
(DBN)

Magistrate judge suspended after he reacts to COVID-19 safety plan with ‘disruptive behavior’
(DBN)

Justice Breyer Roasted In Devastatingly Honest Book Review
(DBN)

Former Judge, Lawyer and Democratic Party County Chair Pleads Guilty to Child Sex Crimes in North Carolina
(DBN)

Authorities Arrest Tennessee Judge's Son Who Was Sought in Connection with Murder of GOP State Lawmaker’s 22-Year-Old Nephew
(DBN)

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Wall Street:

Dow futures fall more than 200 points ahead of key retail sales data, Home Depot shares decline
(DBN)

Global stocks pull back as wary investors monitor the spread of COVID-19 and unrest in Afghanistan
(DBN)

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Festivals:

Madison Street Festival canceled due to rising uncertainty of COVID
(DBN)

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Travel:

The passport backlog is tearing families apart
(DBN)

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Climate:

Will Climate Transform the Economy?
(DBN)

In the climate crisis, it’s possible to live in the same place but inhabit different worlds
(DBN)

What does it mean when a community runs out of water? Many in California are finding out
(DBN)

Experts say record-setting heat and wildfires just a taste what's coming in our future
(DBN)

Climate change becomes key theme in Q2 corporate earning calls
(DBN)

Feds declare first Colorado River shortage, order water cuts for 2022 • Satellite images show historic drought's impact on Colorado River in 1 year
(DBN)

Siberia: 10 Million Acres on Fire
(DBN)

Israel requests international aid amid largest fire since Carmel blaze
(DBN)

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Education:

Dallas school district maintains mask mandate despite state Supreme Court ruling
(DBN)

Over 5,000 students quarantine or isolate because of Covid in Florida school district
(DBN)

A Colorado school district brought more cops in on the first day of classes due to 'tensions' over its mask mandate
(DBN)

S. Carolina school district back to virtual classes
(DBN)

COVID cases in kids are rising just as schools are coming back
(DBN)

Schools paying parents to drive their own children due to shortage of bus drivers, rattled economy: report
(DBN)

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Healthcare:

U.S. expected to recommend Covid booster eight months after second dose
(DBN)

August 16th COVID-19: Data reported on Monday is always low, and is revised up as data is received
(DBN)

Cardinal hospitalized with COVID, breathing with ventilator
(DBN)

Florida seniors hospitalized with covid as much as in January
(DBN)

How Ron DeSantis’s Covid response became the model of what not to do
(DBN)

South Dakota governor calls the Sturgis rally with hundreds of thousands of attendees 'a fantastic event' as COVID-19 cases spike
(DBN)

Why it’s so hard to be a nurse in America, according to two nurses
(DBN)

Rich countries pull a reverse Robin Hood on COVID-19 vaccines
(DBN)

It might be time for a mask upgrade
(DBN)

___________

Economy:

61% of small businesses think Delta stopped the economic recovery in its tracks
(DBN)

Fund managers are getting more defensive as worries about economy grow, survey finds
(DBN)

U.S. consumer sentiment nosedives as Delta variant spikes
(DBN)

September unemployment cliff looms for 7 million Americans
(DBN)

Rosengren backs tapering this fall but no rate hikes until job market improves
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Democrats eye budget reconciliation to aid Afghan refugees
(DBN)

3.7 million more people would have quit their jobs by now if not for the pandemic
(DBN)

Nearly a third of U.S. workers under 40 considered changing careers during the pandemic
(DBN)

One-Third of American Workers Are Leaving Free Money on the Table
(DBN)

New York City to require vaccination for museums, cultural institutions • The full list of indoor venues where NYC will require proof of vaccination
(DBN)

America's failure to pay workers time off undermines vaccine campaign, according to surveys, policy experts
(DBN)

Biden is dead wrong about the Trump tax cuts, spending and debt
(DBN)

Rubio: Biden's new child allowance is 'first step toward a universal basic income'
(DBN)

Vaccine mandates sweep Corporate America
(DBN)

Axios-Ipsos poll: Most Americans favor mandates
(DBN)

‘We work non-stop’: LA garment workers toil for top brands and earn paltry rate
(DBN)

Afghanistan is a ‘disaster,’ but these two risks are higher on Invesco’s radar
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.26%"
(DBN)

Housing Inventory August 16th Update: Inventory Increased Week-over-week, Up 38% from Low in early April
(DBN)

Judge keeps federal eviction moratorium in place after SCOTUS partly blocks New York’s
(DBN)

Eviction Moratorium Faced... Third Amendment Challenge?!?
(DBN)

Boston Real Estate in July: Sales Up 14% YoY, Inventory Down 23% YoY
(DBN)

Bankrupt Winick being forced to sell stake in brokerage
(DBN)

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Municipalities:

Bondholders vs. Retirees in Municipal Bankruptcies: The Political Economy of Chapter 9
(DBN)

The Fastest Shrinking City in America
(DBN)

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Oil/Gas:

Oil industry sues Biden administration over drilling auction pause
(DBN)

Is this the beginning of the end of the American gas station?
(DBN)

U.S. oil refiner Citgo Petroleum posts first profit in seven quarters
(DBN)

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Utilities:

PG&E may cut power to thousands to prevent new blazes as Dixie Fire spreads • Thousands of Californians likely to lose power amid powerful winds, wildfire threat
(DBN)

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Sports:

Raiders will require all fans to get vaccinated if they want to attend games
(DBN)

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Religion:

Conservative cardinal who criticized the vaccine is on a ventilator days after testing positive for covid
(DBN)

Local Churches Offer Religious Exemption For Parishioners Who Don’t Want Vaccine
(DBN)

Many Bible Belt preachers silent on shots as COVID-19 surges
(DBN)

Buffalo Diocese hit with 900 abuse claims in bankruptcy court, more than any diocese
(DBN)

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Fraud:

Feds still need to identify who gets $20 million in payroll fraud case
(DBN)

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Hotels:

Bankrupt San Jose Hotel, Accor Reach Agreement on Reorganization
(DBN)

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Autos:

Biden is Pro-Car, Pro Gasoline, Pro-EV
(DBN)

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Retailing:

Walmart earnings top estimates fueled by strong grocery sales and back-to-school spending
(DBN)

Home Depot shares tumble despite earnings beat as DIY trends weaken
(DBN)

Report on July retail sales will show the Delta variant’s impact on spending.
(DBN)

____________

Politics:

Biden, Trump battle over who's to blame for Afghanistan • Biden Was Right to Bail • Biden officials: Trump left bare cupboard on Afghanistan • Kinzinger: Trump was naive on Afghanistan, Biden acted without a plan • Cheney: Biden ignored military commanders' advice on Afghanistan • Biden, Harris, Psaki AWOL amid Kabul chaos under Taliban • Jake Sullivan: Biden didn't think it was "inevitable" Taliban would take control • How Republicans are slamming Biden on Afghanistan • Even Biden allies question execution of Afghanistan exit • Republicans blame Biden for the US's chaotic withdrawal but are glossing over how Trump's Taliban deal set up the disaster • The Soviets Left Afghanistan Too • Taliban Leader Was Freed From Jail by US Peace Deal
(DBN)

'Dunkirk moment': U.S. has obligation to Afghans it abandoned, Congress says
(DBN)

George W. Bush expresses "deep sadness" over Taliban takeover of Afghanistan
(DBN)

Behind Biden's Falling Approval Rating
(DBN)

Senate campaign chairman floats 25th Amendment, probe against Biden
(DBN)

New York lawmakers to continue investigation into Cuomo after resignation • New York Assembly to release report on Cuomo investigation
(DBN)

The GOP waves white flag in the same-sex marriage wars, evangelicals fume
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (5 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

Miscellaneous:

Key bankruptcy trends in the first half of 2021
(DBN)

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Sanctions:

When Potentially Violating “Gatekeeping” Orders, Asking for Permission May Be Easier (And Cheaper!) Than Begging for Forgiveness
(DBN)

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Ombudsmen:

An Alternative to the Appointment of a Patient Care Ombudsman for Skilled Nursing Facilities During a Pandemic and Beyond
(DBN)

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Private Equity:

A Blow to Private Equity Leveraged Buyouts? A Delaware Law Perspective on the Groundbreaking New York Case, In re Nine West LBO Securities Litigation
(DBN)

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Bankruptcy Crimes:

Illinois Attorney Found Guilty Of Bankruptcy Fraud
(DBN)

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Aviation:

A Turkish Airlines Boeing 777 was able to land in and take off from Kabul on Monday despite chaos at the airport
(DBN)

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Cannabis:

How Marijuana Is Both Legal and Illegal
(DBN)

Nearly Half of U.S. Adults Have Tried Marijuana
(DBN)

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Pharma:

Bankruptcy odyssey for opioid giant Purdue Pharma at its zenith
(DBN)

David Sackler To Testify In Purdue Pharma's Bankruptcy Trial
(DBN)

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Celebs:

Tom Girardi’s law firm auctioning Erika Jayne memorabilia to pay back creditors amid bankruptcy case
(DBN)

Inside RHOBH star Erika Jayne’s ex Tom Girardi’s $1.2M La Quinta mansion that he ‘HID from her for years before divorce’
(DBN)

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Metals:

Aluminum Shapes seeks protection from creditors, seeks buyer
(DBN)

____________

Mass Torts:

Boy Scouts defend sex abuse deal, deny undue influence
(DBN)

What’s at Stake in $850M Boy Scouts Bankruptcy Plan Opposed by Insurers
(DBN)

Bayer Takes Roundup Ban to SCOTUS
(DBN)

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UK:

Monthly Insolvency Statistics
(DBN)

Mis-selling victims are being pushed to bankruptcy and suicide while rich promoters face no action, Loan Charge Action Group tells Sir Keir Starmer
(DBN)

UK job vacancies climb above 1 million for the first time ever as labor shortage intensifies
(DBN)

Collapsed Robin Hood Energy owes £62 million to 400 creditors
(DBN)

____________

India:

SBI recovers paltry 5% of bad debt under lBC's liquidation process
(DBN)

____________

MENA:

How the Taliban Overran the Afghan Army, Built by the U.S. Over 20 Years
(WSJ)

How wrong the Biden administration was about Afghanistan • Why Afghan Forces Refused to Fight • Taliban Checkpoints Blocking Access to Kabul Airport for U.S. Residents and Allies • Why the Afghan Forces Folded • Biden blames Afghan leadership, says forces lacked 'will to fight' in his first public comments since Kabul fell to the Taliban • Where Did the Taliban Get Their Money? • Billions spent ultimately benefited Taliban • Kabul’s collapse followed string of intel failures, defense officials say • The US Carefully Documented Its Total Failure in Afghanistan for 12 Years • Gov't Watchdog Slammed Afghan War • The rapid fall of Afghanistan to Taliban forces, explained • System failure in Afghanistan • The Afghan War Was Always a Lie • 'Some people won't get back': Britain's defense secretary breaks down over those left behind in Afghanistan • Afghan President Fled with Cars and Helicopter Full of Cash • US forces reportedly fatally shoot at least 2 armed men at perimeter of Kabul airport • Kabul evacuations stall amid airport chaos, criticism of U.S. pullout • US reaches deal with Taliban on evacuations: report • Panicked people cling to US plane taking off from Kabul • Shocking video shows 3 people falling off plane mid-air in Kabul • US sending 1,000 more troops to Kabul as chaos reigns at airport • European countries scramble to rescue staff as Taliban takes Afghanistan • The shocking speed of the Taliban's advance • Scene of deadly chaos unfold at Kabul airport after Taliban's return • Taliban takeover scrambles U.S. evacuation efforts • Afghan security forces' wholesale collapse was years in the making • The U.S. failed to learn the lesson of Vietnam. Will it learn from Afghanistan? • National security adviser: Afghan army lacked 'will' to defend its country • Taliban fighters gathering weapons from civilians in Kabul: report • China ready for 'friendly' relations with Afghanistan after Taliban takes control • Kabul’s collapse followed string of intel failures, defense officials say • Taliban's lightning-fast takeover of Afghanistan raises big questions for U.S. security chiefs • Taliban announce 'amnesty,' urge women to join government • Female mayor in Afghanistan says she's waiting for Taliban to 'come ... and kill me' • Taliban tells CNN reporter in Kabul to stand to the side because she's a woman as life changes overnight in Afghan capital • He spent years trying to modernize Afghanistan. It took weeks for his state to collapse •China Recognizes Taliban Government • Saudis Tell Taliban to Protect Lives • Taliban reign of terror begins as fighters go door to door in Kabul with ‘kill list’ as women face torture & execution • Surreal videos show armed Taliban soldiers riding bumper cars and a merry-go-round at a Kabul amusement park following their takeover of the capital
(DBN)

The Department of Defense could be housing 30,000 Afghan refugees in locations like Fort McCoy in Wisconsin and Fort Bliss in Texas: report • 'Cut the bureaucratic b.s.': Inundated lawmakers call for speeding up Afghanistan evacuations
(DBN

UK's Boris Johnson to host virtual G7 meeting on Afghanistan
(DBN)

Afghanistan's neighbors watch warily as Taliban completes its dramatic takeover
(DBN)

As Lebanon’s Electric Grid Collapses, Dozens Of Hospital Patients Could Die Due To Lack Of Power
(DBN)

____________

China:

China kills almost 300 partnerships with elite foreign universities in places like New York, London and HK, after private tutoring ban
(DBN)

The billionaire founder of China’s most indebted developer resigns as chairman of its real estate arm.
(DBN)

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New Zealand:

New Zealand to enter nationwide lockdown after 1 local COVID case
(DBN)

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Netherlands:

Dutch economy booms as coronavirus restrictions ease
(DBN)

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