December 15, 2021

The Daily Bankruptcy News

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Law:

Associates Taking Home Big Bonuses At Top 50 Biglaw Firm
(DBN)

This Firm Continues To Beat The Market Rate On Bonuses!
(DBN)

Top 50 Biglaw Firm Rolls Out Generous Bonuses, And Eligibility Includes Time Billed For 'Unplugging'
(DBN)

Top 50 Biglaw Firm Offers Market Bonuses, Depending On Office
(DBN)

All Hail These Bonuses
(DBN)

Early Mover In Biglaw Bonus War Makes Another Announcement
(DBN)

Biglaw Firm Is Cooking Up Some Big Bonuses For Associates
(DBN)

Matching Isn't Just For Socks And Belts This Bonus Season
(DBN)

Guess Who's Back? Back Again. With Money!
(DBN)

As a slew of BigLaw firms match bonuses, some boutique firms join the pack
(DBN)

The Most Prestigious Biglaw Firms In The Country
(DBN)

Litigation Boutique Revises Its Hybrid Return-To-Office Plan Due To Omicron Variant
(DBN)

Bankruptcy Group Elects Nicolette Corso Vilmos as President
(DBN)

Law Professors On Twitter
(DBN)

July 2021 California Bar Exam Results
(DBN)

More On The Jason Kilborn Controversy At The University Of Illinois-Chicago Law School
(DBN)

Can A Student Sue His Law School For $750,000 When It Profits Off His Name, Image, And Likeness?
(DBN)

Lawyers in Illinois experienced this type of incivility most often, new survey says
(DBN)

Kim Kardashian says she finally passed the ‘baby bar’ exam after her apprenticeship studies
(DBN)

The Pandemic Law Firm Holiday Party: Festive Fun Or Superspreader Nightmare?
(DBN)

U.S. court rejects bid to end Trump-era 'Remain in Mexico' border policy
(DBN)

Eager for new border model, Biden officials look to Europe's reception centers
(DBN)

Derek Chauvin to change not guilty plea on charges of violating George Floyd's civil rights
(DBN)

Black woman handcuffed naked during raid at wrong home set to get $2.9 million from Chicago
(DBN)

Hoyer pushes to limit firearms in Capitol after gun arrest • House Majority Leader Hoyer requests clarity on gun rules on Capitol grounds
(DBN)

The one good thing that could come from Gavin Newsom trolling the Supreme Court
(DBN)

House poised to vote on Meadows contempt charge for refusing to comply with the Jan. 6 committee subpoena • What crime might Trump have committed on Jan. 6? Liz Cheney points to one • House finds Mark Meadows in contempt over defiance of Jan. 6 committee subpoena • Meadows: 'Leaked' text messages from Fox News hosts have been 'weaponized' by committee • The dirty little secret the Mark Meadows texts reveal • On Jan. 6 itself, Trump's allies understood that he was the catalyst • ‘He Is Destroying His Legacy:’ Read Highlights From the Text Messages to Mark Meadows • Newly revealed text messages to Meadows undercut GOP whitewashing of the insurrection • Two Jan. 6 Organizers Are Coming Forward and Naming Names: ‘We’re Turning It All Over’ • Georgia Man Who Said He Was Thinking About 'Putting a Bullet' in Pelosi's 'Noggin' After Jan. 6 Is Sentenced to Prison • Man who threatened to shoot Pelosi sentenced to more than two years in prison • Capitol rioter claims she's being silenced after getting backlash for tweet that said she wouldn't be jailed because she's white and blond • DC attorney general sues far-right groups over Jan. 6 attack • Meadows falsely claims that Trump 'acted quickly' to quell Jan. 6 riot • Jan. 6 investigators hear from ex-Pence aide, conservative activist • Mark Meadows’ Personal Cell Is Becoming a Personal Hell • A man accused of smoking weed inside the Capitol during the insurrection says 'I know we took it too far' • Fox hosts target 1/6 committee
(DBN)

Release Trump's financial records to House like Jan. 6 records, Congress urges appeals court
(DBN)

Trump Suit to Block Release of Taxes Dismissed by Judge
(DBN)

Trump's longtime accountant testifies to N.Y. grand jury in criminal probe
(DBN)

Trump Advisor Eastman Sues to Block Release of His Phone Records
(DBN)

'Entirely subjective': How Texas' abortion ban defines emergencies could decide life or death for some
(DBN)

Michigan School Shooter’s Parents Turn to Larry Nassar’s Lawyer • Alleged School Shooter's Parents Vow to Fight $500,000 Cash Bond as They Await Trial in Michigan Massacre
(DBN)

A married man was extorted for having an affair. So he hired a crew that killed his blackmailer, feds say.
(DBN)

Texas Auto Magnate Accused of Hiring Self-Proclaimed Former Israeli Soldier, Former Marines to Murder Ex-Girlfriend
(DBN)

'Why Did I Survive That Accident?': Trucker Sentenced to 110 Years in Prison for Killing Four People in Highway Crash
(DBN)

Ninth Circuit Sides with Seminary, Rules It Can Use 'Religious Exemption' to Expel Grad Students in Same-Sex Marriages
(DBN)

NYPD expected to be led by female commissioner for first time
(DBN)

Is Ghislaine Maxwell winning?
(DBN)

Woman Said She Killed Her Mother Because She Believed Mom Was Another Relative in Disguise: Deputies
(DBN)

Sister of Missing 5-Year-Old Girl Told School Principal's Daughter 'Oakley is No More,' Said She 'Had Been Eaten by Wolves': Sheriff
(DBN)

Ex-NFL Player Who Murdered Six People in S.C. Had 'Unusually Severe' Case of CTE, Similar to Aaron Hernandez: Doctor
(DBN)

Pa. Mom Said She 'Set Free' Her 11-Year-Old Adopted Son with Disability by Feeding Him Lethal Dose of Windshield Washer Fluid: Police
(DBN)

Women ask US Supreme Court to allow topless sunbathing
(DBN)

______________

Judges:

Job Vacancy – Temporary Term Law Clerk to Chief U.S. Bankruptcy Judge – Harrisburg, PA
(DBN)

Chief Justice Roberts warns the Court, the bar and the country
(DBN)

What Brett Kavanaugh Didn’t Mention when He Talked About Reversing Roe
(DBN)

Furor Over Conservative Judges. Silence Over Left-Leaning Law Schools.
(DBN)

U.S. Senate confirms first Korean American woman as federal appeals court judge
(DBN)

Lawyer accused of threat to release judge’s nude photos can be sued for punitive damages, court rules
(DBN)

Latest Ninth Circuit Judge's Biglaw Past
(DBN)

______________

Wall Street:

Dow futures edge higher ahead of key Fed decision
(DBN)

AMC, GameStop short sellers make a comeback as meme stocks buckle • AMC Shares Swing Wildly as Investors Try Exiting 2021 Favorites
(DBN)

Goldman Sachs, JPMorgan plan bonus boosts after deal-making boom • Goldman, JPMorgan Plan Bumper Bonuses to Get Edge in Deal Boom
(DBN)

______________

Retailing:

Retailers are having a foot traffic problem
(DBN)

Why This Retailer Is Losing Millions in Holiday Sales
(DBN)

Gen Zers relied on buy now, pay later during the holidays. It's time to pay up.
(DBN)

____________

Student Debt:

U.S. Student Borrowers Spark Social Media Outcry for Loan Pause
(DBN)

The White House says it's time to pay up on your student loans again starting February 1, but they're watching to see how much Omicron could hit the economy
(DBN)

Her student loans were forgiven. Then the government refunded her $20,000
(DBN)

My student loan horror story shows Biden is making a grave mistake
(DBN)

____________

Movie Theaters:

Judge Hands Cineworld $965 Million Defeat After Failed Takeover
(DBN)

____________

Ch. 7:

BK MN: Amended En Banc Order Re: Post-Petition Attorney's Fees Arrangements in Chapter 7 Cases
(DBN)

____________

Politics:

Three Residents of Pro-Trump Community in Florida Charged With Voting Multiple Times in 2020 Presidential Election
(DBN)

The 2021 Lie of the Year: Lies about the Jan. 6 Capitol attack and its significance
(DBN)

The filibuster debate is (maybe) coming to a head on voting rights. Here's what could happen.
(DBN)

Senator sees debt limit increase as model to pass voting legislation
(DBN)

Manchin convenes bipartisan group to talk Senate rules reform
(DBN)

Democrats' Build Back Better plan could boost inflation, BofA says. It's exactly what Joe Manchin is worried about.
(DBN)

Manchin keeps Dems guessing on their megabill
(DBN)

Democrats might lose the House because they didn't embrace gerrymandering
(DBN)

Fox News host Laura Ingraham told Mark Meadows on January 6 that 'the president needs to tell people in the Capitol to go home' but suggested Antifa was to blame hours later on her show • Fox News stars privately blamed Donald Trump for prolonging the Capitol riot, then took a different position on their shows • Former White House press secretary Stephanie Grisham says 'Trump's anger level' with Mark Meadows 'has got to be through the roof right now'
(DBN)

One in 4 Latino voters worried about socialism, pollsters find
(DBN)

Key official to testify in Noem-daughter licensing inquiry
(DBN)

January 6 texts from Fox hosts reveal the lie at the heart of the conservative movement
(DBN)

Trump-appointed FDIC chair blocks Democratic bid to undercut her
(DBN)

Biden’s rural investments run up against the culture wars in Wisconsin
(DBN)

Cuomo ordered to return $5.1M pandemic book profits to state
(DBN)

Sen. Elizabeth Warren blasts 'brazenness' of lawmakers who flouted a federal law meant to stop congressional insider trading
(DBN)

____________


Economy:

Services, goods boost U.S. producer prices in November • U.S. Producer Prices Post the Biggest Annual Gain Since 2010, Fanning Inflation
(DBN)

A key inflation measure just hit its highest level on record
(DBN)

The Fed Meets Amid Faster Inflation and Prepares to React • The Federal Reserve is expected to take a very big step toward its first rate hike
(DBN)

Why economists think inflation could drop in the new year
(DBN)

U.S. Investor Optimism Down as Economic Outlook Worsens
(DBN)

Missing Workers by Age Group
(DBN)

Almost half of small-business owners are taking out loans because of inflation
(DBN)

Kroger is no longer offering paid emergency leave to unvaccinated workers who catch COVID-19
(DBN)

JPMorgan to Require Vaccines at Nine Manhattan Office Buildings • JPMorgan bans unvaccinated staff and guests from Manhattan offices
(DBN)

Most employers say they won’t require vaccines if courts block Biden’s mandate
(DBN)

JPMorgan tells unvaccinated Manhattan staff to work from home
(DBN)

U.S. Judge Again Declines to Block NYC Teachers Vaccine Mandate
(DBN)

Supreme Court doesn’t interfere with New York COVID-19 vaccine mandate, despite lack of religious exemption
(DBN)

Federal Appeals Court Rejects Challenge to the United Airlines Vaccine Mandate
(DBN)

Apple will require masks for customers at all U.S. stores, citing rising Covid cases
(DBN)

Google tells employees they’ll eventually be fired if they don’t follow vaccination rules
(DBN)

Millions of children could slip into poverty if the expanded child tax credit ends • The Child Tax Credit Is Ending Just as Inflation Hits New Highs
(DBN)

Oil Is Pricing In Omicron Impact, Stock Market Should Be Next
(DBN)

Supply-Chain Hell Ignites Economic Boom Along U.S.-Mexico Border
(DBN)

This Is America's Best City For Business
(DBN)

219 Economists & Law Professors Urge Congress To Include The 'Billionaires Income Tax' In Build Back Better Act
(DBN)

Senate moves forward on raising debt ceiling by $2.5T
(DBN)

The Future of Work Is a 60-Year Career
(DBN)

Social Security cost-of-living adjustment will be reduced by inflation, Medicare
(DBN)

House votes to raise debt ceiling by $2.5 trillion, sends bill to Biden to avoid default
(DBN)

Post-pandemic work is still a mystery
(DBN)

Tesla’s Musk Berates Warren on Twitter Again in Spat Over Taxes
(DBN)

The United States is finally taking big steps to close the loopholes that make America a money laundering haven
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Biden Taps Sandra Thompson to Lead Fannie-Freddie Regulator
(DBN)

Millennials Are Supercharging the Housing Market
(WSJ)

Even 6-figure earners are being shoved out of the housing market
(DBN)

NYC's comeback has made luxury apartments more expensive than ever
(DBN)

____________

Municipalities:

My Family's Hometown Was Destroyed by a Tornado But For Many It Had Already Been Lost
(DBN)

____________

Oil/Gas:

Omicron won't reverse oil demand recovery, IEA says
(DBN)

Omicron Variant Poses a Demand Puzzle for Oil Forecasters
(DBN)

Oil Slides on Global Surplus as Omicron Stokes Demand Fears
(DBN)

A Shale Comeback Could Be On The Cards In 2022
(DBN)

Middle East Oil Giants Are Battling For Hydrogen Supremacy
(DBN)

EVs to Account for 30% of China Market Next Year, Lotus CEO Says
(DBN)

____________

Climate:

How climate change is increasing business solvency risk
(DBN)

Manchin FactCheck: The United States had 589 coal-fired plants 10 years ago, and “we're down to 504. … We are the only nation that has reduced our reliance (on) coal energy."
(DBN)

74 dead, more than 100 still unaccounted in Kentucky tornado disaster • 1 Kentucky Street with 7 Dead Children • The record-breaking tornadoes that swept the United States, by the numbers • Disbelief in Kentucky as death toll rises and residents survey tornado damage • Factory bosses to workers before tornado: 'If you leave, you're more than likely to be fired' • State to probe Kentucky candle factory where workers say they were threatened with firing
(DBN)

How Many Tornadoes Hit the US Each Year Since 1950
(DBN)

Three loud climate warning signals
(DBN)

Businesses face mounting flood risks
(DBN)

Climate change has destabilized the Earth's poles, putting the rest of the planet in peril
(DBN)

U.S. has world's highest tornado risk, here's why
(DBN)

In disaster's wake, Biden walks a careful line on climate
(DBN)

Arctic temperature soared to an unprecedented 100 degrees in 2020, scientists confirm
(DBN)

California Battering by High Winds and Heavy Snow to Persist
(DBN)

____________

Mass Torts:

Opioid Verdict Puts Health Systems Next in Line for Lawsuits
(DBN)

Boy Scouts of America bankruptcy updates: What we know about settlements, payouts, more
(DBN)

Attorney General James Concludes New York’s Opioid Trial
(DBN)

____________

Autos:

Automakers to Battle Chip Crisis for Years, Consultancy Says
(DBN)

Toyota says it will build record 800,000 vehicles in January
(DBN)

____________

Healthcare:

Major study finds omicron more vaccine resistant, causes milder illness in South Africa
(DBN)

Biden official warns: COVID explosion imminent
(DBN)

Omicron spreading rapidly in U.S. and could bring punishing wave as soon as January, CDC warns
(DBN)

Omicron is spreading faster than any other Covid variant, WHO warns
(DBN)

Omicron to Become Dominant in Europe by Mid-January, EU Warns
(DBN)

J&J Shot Loses Antibody Protection Against Omicron in Study • J&J Shot Loses Antibody Protection Against Omicron in Study
(DBN)

Cleveland Clinic Nears Capacity Due to Surge in Unvaccinated
(DBN)

YLE has reached 126 countries. What's next? Survey results
(DBN)

Omicron may be no worse than flu, says government adviser
(DBN)

White House decides against lavish Christmas parties with Omicron spreading
(DBN)

COVID booster gap traps millions of Americans
(DBN)

More than 40% of people with COVID-19 never show symptoms, study finds. What experts have learned about these cases.
(DBN)

Hospitals worry rising case counts will push them past breaking point
(DBN)

Will Omicron Oust Delta Is a Question Facing Virus Scientists
(DBN)

Banner Health warns Arizona hospitals stretched to limit
(DBN)

Omicron Accounts for 3% of U.S. Covid Cases as Delta Reigns
(DBN)

Is Omicron as infectious as it gets? Scientists lay out their best and worst scenarios for the virus' future
(DBN)

As U.S. Nears 800,000 Virus Deaths, 1 of Every 100 Older Americans Has Perished
(DBN)

California brings back mask mandate as virus cases rise
(DBN)

WHO: Africa may not hit 70% vaccination target until late 2024
(DBN)

Africa CDC Says Few Covid-19 Cases Are Identified on Continent
(DBN)

Wealthy nations rush boosters to counter omicron as poorer nations await first doses
(DBN)

Some hospitals cancel worker vaccine requirements with Biden rule tied up in courts
(DBN)

N.Y. Hospitalizations Rise 70% Since Thanksgiving, Hochul Says
(DBN)

Pfizer Covid Pill Stops Hospitalizations, Not Milder Symptoms
(DBN)

Women doctors earn $2 million less than men in their careers. They want to know: 'Why is nothing being done?'
(DBN)

These Are the Highest Paid Doctors in America
(DBN)

Retail pharmacists say they are overworked and burned out due to short-staffing and the increased demand for COVID-19 shots
(DBN)

Increased Avoidance of Care, Drugs Due to Cost Amid Pandemic
(DBN)

Heart Risk From Vaccines Is Lower Than With Covid, Study Shows
(DBN)

____________

 
New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (97 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)

______________

Bankruptcy Statistics:

U.S. Bankruptcy Tracker: New Cases Scarce as Troubled Debt Falls
(DBN)

______________

UCC:

UCC Financing Statements and Debtor Name Errors: The Litigation Continues
(DBN)

____________

Venue:

“Confessions” of a Forum Shopper, Part II – Debtors Without Borders
(DBN)

____________

Eligibility:

Chapter 13 – Analysis of the Debt Limit under Section 109(e) of the Bankruptcy Code
(DBN)

____________

ADR:

Three JAMS neutrals share their perspectives on business interruption and the impact COVID-19 has had on bankruptcy courts
(DBN)

Mediation Privilege For A Proposed (But Not Actual) Mediator? (In re Boy Scouts)
(DBN)

____________

Aviation:

Taxpayers spent billions bailing out airlines. Did the industry hold up its end of the deal?
(DBN)

The travel industry is getting hit again. Can it take it?
(DBN)

4 charts show what the travel industry looks like 2 years into the Covid pandemic
(DBN)

Italy to Require Covid Testing for EU Travelers From Dec. 15
(DBN)

American Airlines plans to hire 18,000 people next year for travel rebound
(DBN)

UK to remove all countries from COVID travel red list on Wednesday
(DBN)

UK airlines seek government aid after Omicron-led travel restrictions
(DBN)

____________

Fraud:

Judge fines ex-Queen Mary operators $250 per day in alleged PPP loan scam
(DBN)

Theranos No. 2 Wants to Tell His Jury of Mother’s Blood Test
(DBN)

____________

Pharma:

FTC takes 'Pharma Bro' Martin Shkreli to trial over drug price hike
(DBN)

____________

Food/Beverage:

Restaurant menu price inflation hit a 39-year high in November
(DBN)

An Arkansas waitress served a party that tipped $4,400. It led to her getting fired.
(DBN)

____________

Sports:

Omicron threatens to massively disrupt sports world
(DBN)

Covid-19 cases hit a daily record in the NFL, cause game postponements in other sports
(DBN)

____________

Education:

Cornell University shuts down Ithaca campus after surge of nearly 500 Covid-19 cases detected
(DBN)

This Alabama Sorority Is in Chaos Over Leaked Racist Texts
(DBN)

____________

Ride Hailing:

Driven to Disaster: Why Major Cities Must Abolish the Paid Taxicab Medallion System
(DBN)

Uber Sees Its Best Week During Pandemic Despite Omicron Variant
(DBN)

____________

Religion:

About Three-in-Ten U.S. Adults Are Now Religiously Unaffiliated • The fastest growing US religious affiliation? 'None,' poll says
(DBN)

____________

Agribusiness:

Iowa's average farmland values rise to an 80-year high, an Iowa State University report says
(DBN)

____________

Telecoms:

White House wants universal broadband by 2030, but funding could take years to deliver
(DBN)

____________

Cruise Lines:

Why Norwegian Cruise, Carnival Corporation, and Royal Caribbean Stocks Just Crashed
(DBN)

____________

Coal:

Elizabeth Warren blasts equity firms, supports striking Alabama miners: ‘We can make change’
(DBN)

____________

Sovereigns:

Argentina’s Central Bank Weighs Rate Hike Amid IMF Talks
(DBN)

____________

UK:

IMF warns Bank of England not to be too slow to raise interest rates
(DBN)

U.K. to Start Financial Stress Tests for Energy Suppliers
(DBN)

IMF tells UK to plug gaps in fast growing ‘non-bank’ sector
(DBN)

U.K. court date set for American accused in fatal crash that led to a diplomatic standoff
(DBN)

U.K. to Scrap Hotel Quarantines for Southern Africa Arrivals
(DBN)

Scotland to Tighten Covid Restrictions and Wants to Go Further
(DBN)

Business warnings over impact of tougher coronavirus restrictions
(DBN)

UK needs mini-furlough if Omicron hits economy, says IMF
(DBN)

Pubs, shops and restaurants could be forced to shut in January as Omicron rips through Britain sparking staff shortages
(DBN)

IMF Says U.K. Faces More Covid Curbs Unless People Vaccinate
(DBN)

UK financial system strong enough to withstand even cataclysmic recession - Bank of England
(DBN)

UK inflation hits 10-year high ahead of key Bank of England meeting • U.K. Inflation Tops 5%, Fastest Pace in a Decade as BOE Meets
(DBN)

Currys Says Market Softening, Warns Against Further Covid Curbs
(DBN)

____________

MENA:

Directors Duties: a stark reality following the recent ‘Marka Ruling’ and subsequent amendments to the UAE Bankruptcy Law
(DBN)

Israel's evangelical allies shocked by Trump's outburst on Netanyahu
(DBN)

____________

China:

China Audits Evergrande, Chairman's Assets, No Fire Sale for Now
(DBN)

Offshore Kaisa bondholders look to buy its China bad loans
(DBN)

China Property Plunge Worsens as Shimao Deal Raises ‘Red Flag’
(DBN)

China Home Market Slump Deepens as Prices Fall for Third Month
(DBN)

China reports its first omicron variant cases as health experts say zero-covid policy remains effective
(DBN)

China’s retail sales grow by 3.9% in November — slower than expected
(DBN)

China’s Economy Slows in November as Property Slump Deepens
(DBN)

____________

Kenya:

Kenya Virus-Infection Rate Jumps, Court Halts Vaccination Order
(DBN)

____________

Cuba:

Cuba Sees Economy Expanding 4% in 2022 With Tourism Recovery
(DBN)

____________

South Africa:

South African Covid Hospitalizations Approach 7,000
(DBN)

____________

Germany:

Europe's biggest economy is on the brink of a winter recession
(DBN)

____________

Brazil:

Brazilian Politicians Are Now Settling Disputes With MMA Fighting
(DBN)

____________

South Korea:

South Korea sees deadliest day of pandemic after attempt to return to normalcy
(DBN)

____________

South Africa:

South Africa Inflation Reaches 5.5%, Highest in Almost Five Years
(DBN)

____________

Germany:

Germany Reveals Covid-19 Vaccine Shortage
(DBN)

____________

Australia:

Australia Consumer Sentiment Declines as Virus Fears Resurface
(DBN)

____________

India:

Strict Timeline for Filing an Appeal Under the IBC Regime
(DBN)

Applicability of Insolvency Laws On Personal Guarantors
(DBN)

____________


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