August 18, 2021

The Daily Bankruptcy News

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Law:

Former BigLaw office manager is sentenced for embezzling $425K via corporate credit card • Former MoFo Staffer Gets Prison Time for Defrauding Law Firm
(DBN)

LegalZoom Asks to Employ Lawyers Under New Arizona Rules
(DBN)

With End to Pandemic Restrictions in Sight, Bankruptcy Attorneys Don’t Know What to Expect Next
(DBN)

Top 4 unexpected culture killers for post-COVID-19 hybrid work
(DBN)

The Future Of Work After COVID-19: What This Means For The Legal Profession
(DBN)

The First CLE Provider To Require Vaccinations For In-Person Program Attendance
(DBN)

Law Firms’ Financial Confidence Catapults in 2021
(DBN)

Indictment threat, bankruptcy can't save lawyer from civil suit, judge rules
(DBN)

CNN Anchor Announces She's Stepping Away from Show to Pursue Masters Degree in Law
(DBN)

ExamSoft ‘Deeply Sorry’ For Malfunctions That Crashed Bar Exams
(DBN)

The Churn Of Associates Is Real At This Biglaw Firm
(DBN)

Top Massachusetts court rules potential jurors can’t be removed based on sexual orientation
(DBN)

Orrick thumbs nose at Jones Day in fight over subpoenas in partner arbitration
(DBN)

Remembering two Harvard Law grads killed in Afghanistan
(DBN)

Judge Blocks HHS From Requiring Religious Providers To Perform Gender-Transition, Abortion Procedures
(DBN)

Lawyer Sentenced to 10 Years for Attempting to Hire Hitman to Kill Estranged Husband’s Girlfriend
(DBN)

BigLaw partner resigns after video shot through firm window shows his romantic escapade
(DBN)

DEA Seizes Life Savings of New Orleans Grandfather Without Charging Him With a Crime
(DBN)

In Attempt to Deflect and Dismiss Lawsuit Accusing Him of Inciting Jan. 6, Trump Says: What About Bernie Sanders, Chuck Schumer, and Cori Bush? • A bodybuilding Trump fan photographed dragging a police officer during the Capitol riot has been arrested after a months-long hunt by internet sleuths
(DBN)

Proud Boys supporter pleads guilty to threatening Democratic Sen. Raphael Warnock: 'Dead men can't pass laws'
(DBN)

Rejecting 'Baseless' Election Fraud Theories, Mayer Brown Challenges Arizona's New Voting Restrictions
(DBN)

CNN's Toobin hit with backlash for column arguing against prosecuting Trump
(DBN)

Assistant District Attorney Who Allegedly Left Scene of Hit-and-Run on the Water After Crashing into Three Children Arrested in Louisiana
(DBN)

OAN loses appeal in defamation lawsuit against Rachel Maddow • One America News Network Gets SLAPPed By Ninth Circuit In MSNBC Defamation Suit • OAN Must Cover Rachel Maddow's $250,000 Legal Bill Following MSNBC Host's Court of Appeals Victory Over Right-Wing Channel
(DBN)

Judge questions Fox News bid to shake $2.7 billion Smartmatic election suit • Fox News Asks Skeptical Judge to Toss $2.7 Billion Election Suit • Judge grills lawyers for Fox News, Powell, Giuliani about election claims in Smartmatic suit
(DBN)

Prince Andrew 'a person of interest' in Epstein probe - source
(DBN)

Two Years After Jeffrey Epstein’s Death, 'Perversion of Justice' Author Says Courts 'Under Pressure' to Keep Files 'Under Wraps and Heavily Redacted'
(DBN)

After years of suspicion, reckoning for high-flying R. Kelly
(DBN)

Robert Durst testifies he would lie to get out of trouble • Prosecutor exposes lies, questions Durst’s credibility
(DBN)

Chicago Pharmacist Faces Federal Charges for Allegedly Selling COVID Vaccination Cards on eBay
(DBN)

New York Woman Accused of Hiding Roommate's Corpse in Bedroom, Hosting Several Parties in the Next Week: Police
(DBN)

Black Couple Forgives, Fist Bumps 'Overly Politicized' White Man Who Shot at Their Home over Black Lives Matter Sign
(DBN)

Tony Buzbee says FBI has contacted him regarding Deshaun Watson case
(DBN)

Hobby Lobby Must Pay $220,000 to Transgender Employee the Company Banned from Using the Women's Restroom, Appeals Court Affirms
(DBN)

ACLU Sues Over Arizona Law That Bans Abortions in Cases of 'Genetic Abnormality,' Grants 'Personhood' to Fertilized Eggs
(DBN)

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Wall Street:

The Dow is set to fall for a second day as futures decline slightly
(DBN)

Dow snaps 5-day winning streak, falls more than 280 points • Dow tumbles 282 points amid concerns the economic recovery is losing steam
(DBN)

Goldman Masks, Scrutiny at Morgan Stanley as Delta Spreads
(DBN)

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Utilities:

Solar could provide 40 percent of US power generation by 2035, Biden administration says
(DBN)

FirstEnergy’s admissions feed critics’ call for big-picture regulatory oversight and review
(DBN)

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Sports:

Atlanta Falcons first NFL team to reach 100 percent vaccinations
(DBN)

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Climate:

Growing Caldor Fire prompts evacuation orders in California • Fire Risk Rises Across California and the West as Dry Winds Blow • Fueled by winds, largest wildfire moves near California city • California's worsening wildfires spark fresh evacuation orders • Wildfires explode again in the West fanned by turbulent winds •Wildfires Burn in France and Spain After Scorching Heatwaves
(DBN)

Amid worsening drought, Southern California water district declares supply alert
(DBN)

Colorado River at All Time Record Low
(DBN)

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Non-Profits:

NRA Must Be Dissolved After Failing to Clean Up Misconduct, N.Y. Says
(DBN)

New NY AG Complaint Alleges NRA Spent Shocking $10M On Private Jet Travel, $75M On Lawyers, Building On NRA Failed Bankruptcy Attempt Revelations
(DBN)

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Mass Torts:

Judge mulls key rulings in Boy Scouts of America bankruptcy
(DBN)

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Maritime:

Three Unusual Bidders Line Up to Buy Bankrupt Pipavav Shipyard
(DBN)

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Cannabis:

Dispensing Justice: The Case for Legalizing Cannabis Nationally
(DBN)


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Healthcare:

August 17th COVID-19: Wave Still Increasing • US Back Over 1,000 Covid Deaths a Day
(DBN)

AL: Hospitals Start No Visitor Policy
(DBN)

AL: Doctor Won't Treat the Unvaccinated
(DBN)

U.S. Covid Vaccinations Rise to Levels Not Seen Since the Spring
(DBN)

Texas requests five mortuary trailers from FEMA, bracing for more covid-19 deaths
(DBN)

Texas Gov. Abbott, who banned mask mandates, tests positive for Covid

‘We are on fire’: Five U.S. states set new records for Covid cases as hospitalizations rise
(DBN)

Biden admin to internationally ship first of pledged 500 million Pfizer doses
(DBN)

Amid new virus surge, Florida skeptics reconsider vaccines
(DBN)

NIH director says Israeli data builds case for COVID-19 boosters • Boosters to be expanded to most vaccinated Americans: reports
(DBN)

WHO says some data suggests increased risk of hospitalization from delta
(DBN)

Covid May Evolving to Become More Airborne
(DBN)

A vaccine expert said she was mailed a muzzle before being fired. It was bought with her credit card, agents say.
(DBN)

At Midwest state fairs no masks required, vaccines are free
(DBN)

As Delta surges, 4 states reach new pandemic peaks for daily COVID-19 cases - but in the states with higher vaccine rates and mask mandates, ICUs are less busy
(DBN)

Biden Poised to Unleash Boosters Amid First-Shot Shortage Abroad
(DBN)

Extreme heat exposes new vulnerabilities for Pacific Northwest hospitals
(DBN)

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Economy:

Industrial Production Increased 0.9 Percent in July • US factory production rebounds at fastest pace in 4 months • U.S. Factory Output Rose by Most in Four Months, Lifted by Autos
(DBN)

U.S. business inventories climb 0.8% in June
(DBN)

15% of PPP Loans May be Fraudulent
(DBN)

Fed's Powell: Not certain Delta outbreak will dent recovery • Fed’s Powell Says Pandemic Is Molding ‘Extraordinary Generation’ • Fed’s Powell: There’s no returning to pre-pandemic economy
(DBN)

Fed minutes likely to detail bond-buying taper talks, inflation worries
(DBN)

Janet Yellen has 3 reasons why Biden's trillions in spending won't destroy the economy • Yellen Rejects ‘Overinvesting’ Tag for Two-Track Economy Plan
(DBN)

Democrats play game of chicken over Biden agenda • House Democratic leaders press for party unity on passing infrastructure plan • Democrats splinter over how best to move forward with Biden’s economic agenda • Pelosi, White House officials plot infrastructure path
(DBN)

Meh Economy? Americans Aren’t Sure What to Make of the Recovery
(DBN)

Tax Cheats Cost U.S. At Least Four Times As Much As Welfare Fraud, And Biden Wants That Revenue
(DBN)

Arizona governor issues order banning cities, counties from enacting vaccine mandates
(DBN)

San Diego officials recommend companies require employees to be vaccinated
(DBN)

Unvaccinated California Assembly employees risk losing jobs, speaker says
(DBN)

N.Y.C. begins requiring proof of vaccination at eateries, gyms
(DBN)

‘This is turning into a circus’: Amazon employees blast the company’s latest return-to-office plans internally, calling for permanent remote work
(DBN)

U.S. National Parks Require Masks ‘Regardless of Vaccination Status’
(DBN)

Morgan Stanley will require employees to prove vaccination status
(DBN)

Economic case for U.S. Afghanistan exit is clear
(DBN)

Biden keeps many Trump tariffs in place, confounding businesses hoping for reprieve
(DBN)

A community about secretly working 2 full-time jobs has exploded as users swap advice on hacking their way to a $700,000 salary
(DBN)

6-figure earning millennials developed better savings habits during the pandemic, but many still feel broke
(DBN)

LA Area Port Traffic: Solid Imports, Weak Exports in July
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Tenant Bankruptcies in Shopping Centers: Risks and Opportunities
(DBN)

U.S. mortgage applications drop as mortgage rates edge above 3% -MBA
(DBN)

Servicer phones are ringing as forbearance decreases
(DBN)

I'm a landlord with 24 properties. We're suffering during Biden's eviction ban, too, and no one is helping • A Tax Company CEO Is Getting Roasted For Posing Next To His Private Jet While Complaining That Landlords Like Him Are ‘Suffering’
(DBN)

NAHB: Builder Confidence Declined to 75 in August • Home-builder confidence sinks to lowest level in over a year as home prices soar
(DBN)

Even renters can't escape the housing crisis. Prices just spiked at the fastest rate in 16 years • U.S. Single-Family Rents Soar 7.5% in June, Accelerating Pace
(DBN)

The Long, Slow Drowning of the New Jersey Shore
(DBN)

How We Made Affordable Housing Illegal
(DBN)

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Municipalities:

N.Y.’s Sales-Tax Collections Up 21% From Last Year, Comptroller Says
(DBN)

Puerto Rico Oversight Board FY2021 revenue projection off by 33%
(DBN)

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Oil/Gas:

Biden Admin to Resume Selling Drilling Rights
(DBN)

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Agribusiness:

Climate Change Is Threatening The World's Top Almond Producer
(DBN)

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Firearms:

Is Smith & Wesson Facing the Same Risk That Helped Bankrupt Remington?
(DBN)

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Celebs:

Erika Jayne goes for a workout while memorabilia is auctioned to pay for estranged husband's bankruptcy case
(DBN)

RHOBH fans think Erika Jayne’s ex Tom Girardi is selling her sexy red lingerie as law firm auctions off possessions
(DBN)

Erika Jayne 'Doesn't Have A Say' In Memorabilia Auction To Pay Back Creditors In Tom Girardi Bankruptcy Case But Wants It Settled So 'She Can Just Move On,' Source Says
(DBN)

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Religion:

Historic American church set to integrate its slavery ties
(DBN)

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Autos:

Chrysler Admits Paying Off UAW Officials
(DBN)

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Education:

This school district had an opt-out policy for masks - but not the dress code. One mom fought back.
(DBN)

Texas school district makes masks part of dress code to get around Gov. Abbott's order
(DBN)

Florida Parents Suing DeSantis Say Masks Fall Under School Board
(DBN)

2 Florida school districts sanctioned for mandating masks
(DBN)

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Politics:

‘They were sitting on their hands’: Insiders say Biden’s team wasted precious time on evacuating Afghans • U.K. foreign minister on diplomacy with Taliban: “We’re going to have to be pragmatic” • Biden framed U.S. options in Afghanistan as binary. Even some of his allies don't buy it • Biden faces the most perilous moment of his presidency so far • 72 hours at Camp David: Inside Biden's lagging response to the fall of Afghanistan • Democratic Sen. Menendez vows hearings on ‘flawed’ U.S. pullout from Afghanistan • Biden administration embroiled in internal blame-shifting amid Afghanistan chaos • Biden has not spoken to US allies since Kabul fell, national security adviser says
(DBN)

Generals, Top Advisers Raised Objections and Doubts
(WSJ)

Trump calls the Taliban 'good fighters' who are 'really smart,' and erroneously claims the group has been around for 1,000 years
(DBN)

Intelligence Warned of Afghan Military Collapse, Despite Biden’s Assurances • CIA Warned of Rapid Afghanistan Collapse
(DBN)

Trump Gushed About Handing Afghanistan Over to the Taliban, Who Would Then ‘Kill Terrorists’
(DBN)

Afghanistan only the latest US war to be driven by deceit and delusion
(DBN)

Biden was barreling toward perilous political waters. Then Afghanistan happened.
(DBN)

House Democrat on Afghanistan pullout: 'This is a catastrophe'
(DBN)

Biden, Trump and Afghanistan: Statements that haven't aged well
(DBN)

As Afghans scramble to escape the Taliban, Fox News hosts lean into anti-refugee rhetoric
(DBN)

Utah governor tells Biden state is "eager" to resettle Afghan refugees
(DBN)

Democrats stunned by prospect of losing 2 biggest governors within weeks
(DBN)

After Cuomo's fall, donations to Lt. Gov. Kathy Hochul picked up • Gov. Cuomo grants five pardons, five commutations
(DBN)

Progressives eye shift in strategy after high-profile losses
(DBN)

CNN's Chris Cuomo says he urged his brother to resign as New York governor
(DBN)

Federal lawsuit challenges California recall as unconstitutional
(DBN)

Republicans have been railing against mask mandates. Trump, not so much • As COVID spreads across the US, some Trump properties are actually requiring guests and staff to mask up
(DBN)

House Democrats tee up second voting-rights measure
(DBN)

DeSantis top donor invests in COVID drug governor promotes
(DBN)

Texas Supreme Court: GOP can have Dems absent from state Capitol arrested
(DBN)

No prison time for NC politician who took almost $400,000 from donors for personal use
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 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)

______________

Bankruptcy Statistics:

BK NV: Updated Filing Statistics
(DBN)

Business bankruptcies: 'Calm before the storm' in Texas
(DBN)

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Litigation:

Roundtable: Corporate bankruptcy & insolvency litigation
(DBN)

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Equity Interests:

The Disappearing Outperformance of Post-reorg Equity
(DBN)

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Aviation:

Biden administration set to extend mask mandate for travel through mid-January
(DBN)

Spirit Airlines says canceled flights cost $50M, hurt bookings
(DBN)

Travelers are canceling trips with COVID numbers rising again: "It was really kind of heartbreaking"
(DBN)

Germany to sell its Lufthansa shares acquired during the pandemic
(DBN)

FBI No Fly Watchlist Leaked Online
(DBN)

Mango to host first creditors meeting with business rescue practitioner
(DBN)

____________

Retailing

Retail Sales Decreased 1.1% in July • Retail sales slide more than expected in July as delta variant worries grow
(DBN)

Weak Retail Sales Offer Preview of Coming Attractions as Delta Variant Spreads
(WSJ)

When Kmart Moved Out, Churches and Flea Markets Moved In
(DBN)

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Crypto:

‘Massive wake-up call’: Crypto faces growing legal crackdown
(DBN)

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Fraud:

An employee embezzled $12.8 million from a medical school's nonprofit. He spent most of it at one adult site.
(DBN)

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Pharma:

Purdue's Sackler: family has 'responsibility' to help curb opioid crisis but wants liability shields • Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield • David Sackler calls family’s duty in opioid crisis a moral, not legal, one • Sacklers Threaten to Pull Out of Opioid Settlement Without Broad Legal Immunity • Sackler family won’t settle unless off the hook from opioid suits, court told
(DBN)

David Sackler Defends Family’s Role in Opioid Crisis and Pledges Help
(DBN)

Sackler family: We won't settle unless freed from opioid suits
(DBN)

Plaintiffs' lawyer Cabraser tapped to lead McKinsey opioid litigation
(DBN)

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Food/Beverage:

Burger King Parent Sees Labor Crunch Driving Up U.S. Beef Costs
(DBN)

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Student Debt:

Brief of Amici Curiae Consumer Bankruptcy and Student Loan Academics in Support of Petitioner
(DBN)

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Hotels:

Bankrupt downtown San Jose hotel, manager strike crucial deal
(DBN)

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UK:

The future of pre-pack sales after insolvency reform
(DBN)

Cross-border restructurings and insolvencies in a post-Brexit world
(DBN)

U.K. Labor Market Tightens, Pushing Up Wages as Economy Reopens
(DBN)

'Berserk' UK house prices rise at fastest rate since 2004
(DBN)

Top earning bankers moved to EU from Britain ahead of Brexit-report
(DBN)

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EU:

After a Year Without Rowdy Tourists, European Cities Want to Keep It That Way
(DBN)

Europe fears a repeat of 2015 refugee crisis as Afghanistan collapses
(DBN)

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Canada:

Ontario to offer third COVID-19 vaccine doses to high-risk people
(DBN)

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MENA:

The imminent danger for Afghanistan's women and minorities • Taliban Say Women Can Work, Shifting From Stance Before 9/11 • Taliban vow to respect women, despite history of oppression • The Taliban Claim They'll Respect Women's Rights — Within Their Interpretation Of Religious Law • Who Are the Taliban and What Do They Want? • Taliban Wants a Rebranding • Afghanistan evacuations pick up pace as Taliban claim women, press will have rights • Taliban steps forward after overtaking Afghanistan • The Taliban knocked on her door 3 times. The fourth time, they killed her • US botched Afghanistan reconstruction with 'staggering' mistakes, scathing inspector general report finds • US reconstruction mission in Afghanistan 'marked by too many failures,' watchdog says • Inspector general report paints a ‘bleak’ portrait of 20 years in Afghanistan • Man films himself clinging to US plane as it leaves Afghanistan • Body of dead Afghan found in landing gear of military jet leaving Kabul airport • Pentagon defends Kabul evacuation chaos: "No plan is perfect" • Over 700 evacuated by US from Afghanistan in past 24 hours • 8 Paradoxes That Sum Up America's 20-Year Mission In Afghanistan • 4 Reasons A Taliban Takeover In Afghanistan Matters To The World • The Afghan Military Was Built Over 20 Years. How Did It Collapse So Quickly? • The Mystery of Afghanistan’s Missing Military Leaders U.S. leaders have spent the last month asking Afghan leaders to step up and fight—something they’ve known for years wasn’t going to happen • American newspapers call on White House to evacuate journalists from Kabul • U.S. military to pick up pace of evacuation flights out of Afghanistan • Disbelief and betrayal: Europe reacts to Biden's Afghanistan 'miscalculation' • Afghanistan's fall renews terrorism fears for US • US will not be harmed from Afghan soil, Taliban spokesman says • McMaster: Rapid Taliban takeover 'should not have come as a surprise' • Biden administration freezes Afghan government reserves in US banks: report • Biden administration freezes billions of dollars in Afghan reserves, depriving Taliban of cash •Taliban accumulate massive amounts of U.S.-supplied firepower • Gorbachev, who pulled Soviets from Afghanistan, says U.S. campaign was doomed from start • US agencies scrub websites to protect Afghans left behind • More than 600 Afghans cram into one U.S. transport flight, as thousands flee the Taliban • Eerie tension settles over Kabul as Taliban patrols the streets and U.S. reasserts control at the airport following chaotic scenes • Taliban Pledges Safe Passage to Kabul Airport, Top Biden Aide Says • The Washington Post publisher asks Biden administration to help evacuate 204 journalists, support staff and families from Kabul • A Taliban commander who helped seize the Afghan presidential palace spent nearly 6 years at Guantanamo, where he told a guard 'we will get you on the outside' • Al-Qaeda mocks US withdrawal from Afghanistan, as Taliban continues to advance • Taliban destroy statue of foe, stoking fear over their rule • Taliban encounter Afghan cities remade in their absence • In Taliban’s 7-day march to power, a stunning string of wins • ‘Do not give up’: Americans help Afghans in new homeland • Taliban allowing ‘safe passage’ from Kabul in US airlift • Afghanistan on edge • Afghanistan: 20 Years of Lying to the American Public • US Give Taliban Conditions for Recognition • Afghans evacuated to Germany describe terrifying scenes at Kabul airport
(DBN)

Taliban Consolidate Control in Afghanistan’s Capital as Thousands Remain Stranded
(WSJ)

U.S. Dropped From Abu Dhabi Travel Green List as Cases Spike
(DBN)

New COVID variant could push Israel into lockdown, health official warns
(DBN)

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South Africa:

South Africa Sees Covid-19 Fourth Wave Starting in Early December
(DBN)

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Bahamas:

The Possibilities and Pitfalls of Asset Recovery in The Bahamas
(DBN)

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New Zealand:

New Zealand's growing COVID cluster linked to Sydney Delta outbreak
(DBN)

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Australia:

Where to from here for unfair preference claims? - Lessons for creditors and liquidators
(DBN)

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India:

Insolvency Law Newsletter for July 2021
(DBN)

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