December 1, 2021

The Daily Bankruptcy News

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Law:

Jurors rule against associate who sued King & Spalding for alleged ethical retaliation Jury verdict guts lawsuit by ex-King & Spalding associate
(DBN)

Law school applicants are down, for now, for the first time since 2018 Law School Applications Are Down? Not So Fast...
(DBN)

SCOTUS asked to nix mandatory bar association dues in two petitions
(DBN)

What's Going On At Boies Schiller Flexner? (Redux)
(DBN)

Is The Law School Pandemic Boom Finally Over?
(DBN)

Starting now, the GRE can replace the LSAT in law school admissions
(DBN)

Imposter lawyer who filed document in Cosby case wins reversal of his conviction
(DBN)

Ways To Stay Motivated In Your Career During The Holidays
(DBN)

The Law Firm Of The Future – What A Law Firm Should Be: What Is A Law Firm?
(DBN)

The Battle For The Soul Of This Country Will Be Fought In RomCom Parody Videos
(DBN)

Driver injured in collision with fortified mailbox can’t sue owners, top Ohio court says
(DBN)

No Injunction Pending Appeal For Mass General Brigham Employees Denied COVID Vaccine Exemption Requests
(DBN)

2 federal judges temporarily block Biden vaccine mandates
(DBN)

Judge Finds It 'Puzzling' That Biden Admin Didn't Consider 'Natural Immunity' for Healthcare Workers; Blocks Mandates to Protect 'Liberty Interests of the Unvaccinated'
(DBN)

Japan's prince decries 'terrible' comments about daughter's decision to marry commoner lawyer
(DBN)

Trump called aides at command center hours before Capitol riot Former White House chief of staff Mark Meadows cooperating with Jan. 6 committee Jan. 6 panel to vote on contempt against former DOJ official History's lessons for the Jan. 6 committee The Georgia election official who refused Trump's request to find him 'more votes' in the 2020 election was interviewed for 4 hours by the January 6 select committee Florida Nurse Who Posted 'Right Before Stormed in' Picture to Instagram Pleads Not Guilty to Breaking Through Capitol Police Line Broadway Actor Charged in Jan. 6 Riot Nearly Ends Up Jailed After ‘Gobbledygook’ Court Comments Piss Off Judge Former Army Captain Who Taunted Speaker Pelosi in 'Nancy Come Out and Play' Video on Jan. 6 Wants Plea Deal for Misdemeanors Only, Lawyer Says 'QAnon Shaman' Files Notice of Appeal After Being Sentenced to 41 Months in Prison Convicted Florida Man Who Gleefully Carried Nancy Pelosi's Podium in Capitol on Jan. 6 Wants to Travel for Christmas
(DBN)

Appeals court orders release of some Mueller report passages
(DBN)

How Steve Bannon Has Exploited Google Ads to Monetize Extremism
(DBN)

Trump's lawyers fumble as judges grill them about whether Trump has the right to dictate which Jan. 6 documents Congress gets Trump Archives Case Gets Tepid Reception At DC Circuit Lawyers for Trump, Jan. 6 panel spar in federal court over records fight What’s next for Trump’s privilege fight?
(DBN)

Prosecutors demanded records of Sidney Powell's fundraising groups as part of criminal probe
(DBN)

Anonymous Accuser 'Jane' Testifies That Ghislaine Maxwell and Jeffrey Epstein Sexually Abused Her When She Was 14 Epstein's Pilot Testified at Maxwell Trial 1st of 4 accusers takes stand at Ghislaine Maxwell trial Accuser testifies Ghislaine Maxwell was present while she was abused by Jeffrey Epstein
(DBN)

Kenosha Police Release Bodycam Video of Kyle Rittenhouse Jury Bus Incident That Led to MSNBC Ban from Courthouse
(DBN)

How Mississippi ended up with one abortion clinic and why it matters Abortions could require 200-mile trips if Roe is overturned Abortion debate epicenter: Mississippi clinic stays open
(DBN)

Chemerinsky: Ruling in abortion cases will greatly affect women’s lives but won’t end controversy
(DBN)

Jussie Smollett is back in court for his hate crime case Jussie Smollett Was Caught on Video Staging 'Dry Run' of Alleged Hoax Hate Crime Attack: Prosecutors Case against Jussie Smollett focuses on how ‘hoax’ unraveled Detective: Brothers detailed how Jussie Smollett staged hoax
(DBN)

'Troubled' Mennonite boys were trafficked, forced into physical labor and abused at farm, lawsuit says
(DBN)

She 'Was a Co-Conspirator': Wife of 'Ruthless and Bloodthirsty' Kingpin 'El Chapo' Gets Sent to Prison for Drug Trafficking, Money Laundering
(DBN)

Minnesota Mom Accused of Murdering Infant Demonstrated to Detectives How She ‘Cut’ the Child ‘Across the Throat’: Police
(DBN)

S.C. Mom Returned Home from Hunting and Allegedly Used Deer Rifle to Kill 6-Year-Old Son on Thanksgiving, 'Wanted to Send' Victim to 'Heaven'
(DBN)

'Very Hard to Watch': Michigan Woman Filmed Viciously Punching and Kicking Middle School Student in the Face
(DBN)

Fort Worth Oil Exec Gets 10 Years for Sexual Assault of Daughter
(DBN)

‘I Hope and Pray that You Die Alone and Scared’: Family Members of Victim Slam Restaurant Boss for Brutal Murder of Employee
(DBN)

Live-in Health Aide Murdered Elderly New York Man Found Dead with 'I Touch Little Girls' Written on His Chest: Police
(DBN)

Shooting at Michigan high school leaves 3 dead, 8 wounded 15-Year-Old Suspected of Killing at Least Three Students, Injuring Several Others in Michigan High School Shooting Deadly Michigan school shooting baffles police as young suspect keeps silent
(DBN)

Investigators track ammunition in fatal film set shooting
(DBN)

Court upholds California ban on high-capacity magazines
(DBN)

______________

Judges:

How a Half-Century Abortion Battle Has Roe v. Wade on the Ropes Mike Pence is fundraising off a SCOTUS challenge to Roe v. Wade after calling for the law to be sent to the 'ash heap of history' Abortion rights at stake in historic Supreme Court arguments Conservatives eagerly await Supreme Court abortion arguments 3 lawyers readying arguments in high court abortion case Rallies Planned as U.S. Supreme Court Hears High-Stakes Abortion Challenge
(DBN)

The Judge Who Told the Truth About the Mississippi Abortion Ban
(DBN)

______________

Wall Street:

Stock futures jump ahead of first trading day of December after omicron fears dent markets
(DBN)

European markets attempt recovery amid tumultuous week due to omicron Covid variant
(DBN)

US stocks extend losses as new tapering comments from Fed Chair Powell stoke rate-hike concern
(DBN)

Markets are shrugging off omicron worries. But the variant offers a lesson investors should heed.
(DBN)

Stocks are vulnerable to a 10% to 15% pullback, long-time bull Jim Paulsen warns
(DBN)

______________

Layoffs:

470 refinery employees face layoffs in January
(DBN)

_____________


Economy:

Fed signals it could yank economic support quicker as inflation sticks around
(DBN)

Omicron variant: Employers in 'wait and see' mode on returning to the office
(DBN)

Powell warns inflation into 2022, Yellen says BBB won't worsen trend
(DBN)

Powell’s warning: Fed to tighten credit faster than expected
(DBN)

November delivers another hit to sinking consumer confidence
(DBN)

Top Republican senator trolls Democrats on inflation by getting existential: 'Everything is transitory. Life is transitory.'
(DBN)

The Omicron variant could throw the booming economic recovery off the rails, Fed Chair Powell says
(DBN)

A growing number of shoppers are 'bracketing' their online purchases, creating a logistical nightmare for retailers
(DBN)

Coffee prices are at 10-year highs, and analysts say they have further to go
(DBN)

Supply chain problems hit charities’ holiday gifts for kids
(DBN)

CEOs from Walmart and other major retailers just told Biden the supply-chain crisis is getting better. His antitrust watchdog doesn't believe them.
(DBN)

Here are all the states providing unemployment benefits for people who quit or were fired because they're refusing to get vaccinated
(DBN)

Why the Government is Always Shutting Down
(DBN)

Democrats pushing Biden to suspend federal gas tax
(DBN)

Elon Musk has a $2.5 billion reason to move to Texas: avoiding California capital gains tax
(DBN)

How rich people are using cheap loans to cash out without taking a big tax hit
(DBN)

Most Americans support CEOs speaking out on inequality, racism, and diversity, new survey shows
(DBN)

UN report: Pandemic set to cost global tourism $2 trillion in 2021
(DBN)

State Income Tax Rankings
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

A color-coded map shows why Austin is fast becoming one of the least affordable cities in the US: Boomers have zoned most of the city like an exclusive suburb
(DBN)

US home prices register 19.1% annual gain in September Home Prices Up 19.5% in Past Year
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

____________

Municipalities:

This is now the world’s most expensive city to live in, study says
(DBN)

____________

Oil/Gas:

Oil could hit $150 when the world fully reopens, says Jefferies
(DBN)

Ford is on track to sell more electric cars than GM this year as the two giants scramble to catch up with Tesla
(DBN)

Auto Execs: EVs Will be Half of Sales by 2030
(DBN)

Renewable power installations set for record year: IEA
(DBN)

Shale Output Discipline Begins to Pay Off
(DBN)

____________

Retailing:

Fewer Americans shopped during Thanksgiving weekend than last year
(DBN)

Forget Black Friday. A flood of bargains is coming in January.
(DBN)

Walmart turned an empty lot into a pop-up container yard as retailers scramble to combat the supply-chain crisis
(DBN)

Gap could take $650M sales hit from supply chain woes
(DBN)

Supply Chain Problems Have Small Retailers Gambling on Hoarding
(DBN)

____________

Politics:

In one California city, rising prices overshadow economy's strength, spelling trouble for Democrats
(DBN)

There's a GOP push in Wisconsin to take over the state's election system
(DBN)

CNN Suspends Chris Cuomo ‘Indefinitely’ CNN has suspended Chris Cuomo indefinitely after new transcripts revealed the extent to which he helped his brother, Andrew Cuomo
(DBN)

Biden's 'aggressive' use of a tax loophole he's trying to shut down
(DBN)

Chris Christie says Trump broke his policy promises: 'The wall isn't built. Obamacare is still there. We didn't get an infrastructure package.'
(DBN)

Trump launches lie-filled attack on Ilhan Omar calling on her to apologize for 'abandoning her former country' Somalia, which she fled as a young girl
(DBN)

Dr. Oz touted Trump's Operation Warp Speed vaccine program in his US Senate campaign announcement Don't Elect Dr. Oz, He's a Disgrace to Medicine
(DBN)

Omar releases profanity-laced voicemail Rep. Omar urges House GOP to address ‘anti-Muslim hatred’
(DBN)

Clinton Foundation donations plummet 75%
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (15 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)

______________

Forfeiture:

The Intersection of the Bankruptcy Code with Criminal and Civil Forfeiture
(DBN)

____________

Mediation:

Over-Estimating The Persuasive Value Of Electronic Communications
(DBN)

____________

Aviation:

Elon Musk Responds to Leaked Email Where He Warns SpaceX Faces Bankruptcy Elon Musk says bankruptcy at SpaceX 'unlikely’ but not impossible
(DBN)

A private jet charter firm says it's seen more than 600 searches for flights out of South Africa since Omicron was identified
(DBN)

Omicron unravels travel industry’s plans for a comeback
(DBN)

Japan suspends new flight reservations as omicron spreads
(DBN)

US moving to toughen testing requirement for travelers
(DBN)

Aeromexico Creditors Lobby Airline’s Backer Delta Over Bankruptcy Exit Plan
(WSJ)

Hainan Airlines plans to raise US$7.9 billion via a stock sale to slash debt
(DBN)

____________

Mass Torts:

States: Sackler family members abusing bankruptcy process
(DBN)

Sackler Family May Have ‘Abused’ Bankruptcy Process, Purdue Pharma Judge Says U.S. judge asks if owners of opioid maker Purdue abused bankruptcy to shield assets
(DBN)

As sex abuse lawsuit window closes, long road for victims
(DBN)

____________

Corporate Reform:

Biden administration considering Richard Cordray for the Fed's top banking cop GOP warns Biden about Fed pick
(DBN)

____________

Religion:

Nearly Two Decades After 'Spotlight' Investigation, Key Lawyer in Clergy Sexual Abuse Litigation Is Still Fighting
(DBN)

____________

Food/Beverage:

Food delivery "ghost kitchens" face major obstacles
(DBN)

Investors hit casual dining stocks amid concerns about the omicron variant
(DBN)

____________

Fraud:

Elizabeth Holmes to face cross-examination from prosecutors Elizabeth Holmes admits she went to Rupert Murdoch to try and kill WSJ Theranos story Elizabeth Holmes gets emotional under fire by prosecutors
(DBN)

____________

Museums:

Gift from Stuart Weitzman allows Jewish history museum, fresh out of bankruptcy, to buy its own building
(DBN)

____________

Sports:

Lakers' LeBron James placed in NBA's COVID-19 health and safety protocols, could miss several games
(DBN)

____________

Healthcare:

As omicron variant alarm spreads, countries mull a radical 'pandemic treaty' White House aides search for available contingency funding as they monitor omicron risks Netherlands says omicron was present there before S. Africa detected it Existing vaccines might not be effective against omicron variant right away, Moderna CEO says Pfizer CEO is 'very confident' the company's oral COVID-19 pill will be effective against the new variant U.S. on the lookout for Omicron cases Omicron variant detected in Brazil and Japan Omicron dashboard Dr. Anthony Fauci says we should do 8 things to deal with the Omicron variant Dr. Eric Topol: Covid vaccines likely protect against severe disease from omicron
(DBN)

Vaccine inequality is to blame for omicron variant: Rockefeller Foundation president
(DBN)

Biden says Omicron demands that countries share vaccines as China donates 1 billion doses to Africa
(DBN)

Nursing unions around the world file U.N. complaint as debate over vaccine patent waivers stalls
(DBN)

When comparing coronavirus deaths under Biden and Trump, context is crucial
(DBN)

FDA panel backs Merck's antiviral COVID pill
(DBN)

Regeneron warns its antibody cocktail may be less effective against Omicron variant
(DBN)

____________

Greece:

Greece imposes monthly fines on the over-60s who refuse a Covid vaccine
(DBN)

____________

France:

Podcast – the New Restructuring Regime in France and How It Compares to the UK Restructuring Plan
(DBN)

____________

MENA:

Searching for the Nexis: Intellectual Property and Bankruptcy Regimes in Arab Countries
(DBN)

____________

Spain:

Spain extends voluntary debt write-offs for firms to cope with pandemic
(DBN)

____________


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