December 16, 2021

The Daily Bankruptcy News

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Law:

Elite Litigation Boutique Offers Mind-Blowing Bonuses That Blow Away The Market
(DBN)

Litigation Boutiques Nearly Double Cravath, Davis Polk Bonuses
(DBN)

Boutique Law Firm's Bonuses Pack A Biglaw Punch
(DBN)

Cahill Beats The Market On Special Bonuses For All Associates -- Even The Class Of 2021
(DBN)

Year-End And Special Bonuses To Covet At Another Biglaw Firm
(DBN)

Incredibly Insecure Biglaw Firms
(DBN)

Law Firms Shouldn't Lay Off Workers Around The Holidays
(DBN)

Big Law Sportsbook: Setting Odds on Industry Trends Ahead
(DBN)

Top 50 Biglaw Firm Announces Bonuses, With Huge Rewards For High Billers
(DBN)

Partner Quits Law Firm Over Vaccine Requirement -- His Farewell Email Is Something To Behold
(DBN)

Kirkland & Ellis Cancels Holiday Party Set For Tomorrow
(DBN)

Cybersquatters are using Debevoise’s name to steal personal information, suit alleges
(DBN)

Law School Pulls Plug On In-Person Exams This Morning
(DBN)

Does The Bar Exam Protect the Public?
(DBN)

Law School Rankings By Fall 2021 Median LSAT Scores
(DBN)

ABA Releases Data On Law School Admissions And Tuition
(DBN)

Overall, law schools see increase in 1Ls and decrease in non-JD students
(DBN)

ABA Ethics Opinion Cracks Open Door to ABS
(DBN)

Trump Fraud Inquiry’s Focus: Did He Mislead His Own Accountants?
(DBN)

Judge scraps Trump lawsuit to shield tax returns from Congress • Trump Continues Years-Long Battle to Block Release of Tax Returns, Appeals Dismissal of Lawsuit to D.C. Circuit • Trump Appointee Body Slams Former President's Privilege Claims In Tax Return Dispute
(DBN)

Trump under investigation for golf club tax scheme that forced 'honest taxpayers' to pay him refunds
(DBN)

DA’s last big decision: Whether to charge Trump
(DBN)

Top Fox hosts lobbied Trump to act on Jan. 6, texts show • Texts show top Trump defenders’ private alarm on Jan. 6 • Biden says Meadows 'worthy of being held in contempt' • Jim Jordan texted Mark Meadows argument for Mike Pence to reject Biden electoral votes • Stunning texts offer new window into Jan. 6 • Hannity, Ingraham knock Jan. 6 panel after revelation of texts to Meadows • Fireworks erupt on Fox News after Geraldo blames Trump for inciting Capitol riots • Jan. 6 panel to identify lawmakers who sent texts to Mark Meadows 'probably very soon': House Dem • The January 6 committee’s showdown with Mark Meadows, explained • Texas Man Who Stormed Capitol Argues Federal Obstruction Charge Violates His Constitutional Rights • John Eastman And Rally Organizers File LOLsuits To Block Cell Subpoenas • 'Legal Equivalent of Flop Sweat': Lawyers Savage John Eastman Lawsuit Against Verizon Over Phone Records Related to Jan. 6 • The Jan. 6 puzzle piece that's going largely ignored
(DBN)

No, Trump did not order 10,000 troops to secure the Capitol on Jan. 6
(DBN)

Congress votes to let Capitol Police chief directly call on National Guard, law enforcement after Jan. 6 riot
(DBN)

Appeals court upholds admission of inmate’s Comedy Central interview at his death penalty trial
(DBN)

AP finds fewer than 475 cases of potential voter fraud in six 2020 battleground states
(DBN)

Ex-Police Captain Indicted for Holding Man at Gunpoint Under False Belief That 'Hispanic Children' Signed 750,000 Fake Ballots
(DBN)

Greg Abbott’s Promise to Eliminate Rape Is Holding Up About as Well as You’d Expect
(DBN)

Chauvin pleads guilty to federal charges in Floyd’s death
(DBN)

At Kim Potter trial, jurors get 2 views of former officer • Testimony: Potter extensively trained on proper Taser use
(DBN)

San Francisco mayor pledges more police, safety measures • SF Mayor London Breed Announces Crime Crackdown; ‘Less Tolerant Of All The B------- That Has Destroyed Our City’
(DBN)

Smash-and-grab robbery rings organize on social media, Bonta says
(DBN)

Ghislaine Maxwell's lawyers to focus her defense on 'memory, manipulation and money' • The Ghislaine Maxwell Case: An Interview With Mitch Epner • Ghislaine Maxwell's trial resumes Thursday. A key question: Are enablers criminally liable? • 'They Went Through So Much Agony': Celebrity Attorney for 8 Jeffrey Epstein Victims Gives Clients' Perspective on Ghislaine Maxwell Trial
(DBN)

Prince Andrew’s Team Celebrates as Judge Orders Release of Virginia Giuffre’s Settlement With Epstein
(DBN)

Family of man who said who couldn't breathe during arrest to receive $5 million from Texas county
(DBN)

O.J. Simpson no longer on parole, discharged early in robbery case
(DBN)

Harvey Weinstein May Have Conviction Tossed
(DBN)

Here Are the Juiciest Bits From the Secret JFK Document Dump
(DBN)

Instacart driver ran over groceries with car, left derogatory note over pro-police sign, couple says
(DBN)

Mom Who Executed Her Kids with Shotgun, Called 911, and Waited on Front Porch While Covered in Blood Is Sentenced to Prison
(DBN)

'Dangerous Cold-Blooded Killer' Sentenced to Rot in Prison for Hanging a Black Man and Burning Body in a Ditch
(DBN)

World's Worst Bank Robber Is Apprehended
(DBN)

After Mom 'Awoke' to 'Play Video Games,' Texas Toddler Found Dead in Home with Makeshift 'Cage' Where 'Handprints Were Visible in the Feces'
(DBN)

NYPD: Man Wanted For Spray Painting Swastikas Across Lower Manhattan
(DBN)

'Quite hopeful': Abortion pill decision could reshape reproductive health war
(DBN)

______________

Judges:

Judge was among Kentucky tornado victims; courthouse and law offices are damaged
(DBN)

Louisiana Judge Is Sorry Her Family Had a Blast Calling a Burglar the N-Word • Louisiana judge to take unpaid leave after home video captures racial slurs
(DBN)

SCOTUS justices who look to ‘advocacy history’ find reasons to undermine precedent
(DBN)

Judge says she was on a sedative when N-word was used in video showing suspect’s capture • 'I Was Given a Sedative': Judge Claims to Have 'Zero Recollection' of Video at Her Home Where 'Mom' Calls Black Suspect the N-Word
(DBN)

Judge is accidentally tased in his own courtroom
(DBN)

On This Week's Episode Of Judicial Misconduct: Percocet Slurs?
(DBN)

President Biden Names Eleventh Round of Judicial Nominees
(DBN)

______________

Wall Street:

Dow futures up nearly 200 points following Fed decision to aggressively wind down asset purchases
(DBN)

______________

Healthcare:

Federal judge confirms Sharity's liquidation plan
(DBN)

U.S. Covid death toll hits 800,000, a year into vaccine drive
(DBN)

COVID cases rising with Christmas — and Omicron — around the corner
(DBN)

New research offers a clearer picture of the omicron variant's threat. Here's what we know • The good and bad news about the omicron variant
(DBN)

US faces a double coronavirus surge as omicron advances
(DBN)

How omicron is changing the rules of the covid-19 pandemic
(DBN)

CDC estimates 13% of all cases in NY and NJ could be omicron infections
(DBN)

WHO expects severe omicron cases, warns against treating variant as mild disease
(DBN)

Fox News doctor calls for unvaxxed to get Covid-19: 'It's' time to allow this mild infection to circulate'
(DBN)

Surgery delays grow at hospitals dealing with COVID-19
(DBN)

Contradicting the CDC, Twitter to Penalize Users Who Claim Vaccinated People Can Spread Covid-19
(DBN)

How a Kennedy built an anti-vaccine juggernaut amid COVID-19
(DBN)

Omicron to be dominant variant in EU by mid-January
(DBN)

Current Covid boosters are enough to fight the omicron variant, Fauci says
(DBN)

L.A. County falls far behind Bay Area in vaccinating Black, Latino residents
(DBN)

Philadelphia officials urge against inter-household Christmas gatherings amid COVID-19 case spike
(DBN)

White House unveils plan to replace every lead pipe in the U.S.
(DBN)

____________


Economy:

Fed will tighten credit faster and sees 3 rate hikes in 2022 • FOMC Statement: Accelerate Taper • FOMC Projections and Press Conference • Fed sees three interest rate hikes in 2022 as inflation fight begins • Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year • Here’s what changed in the new Fed statement • Fed pivots toward tackling inflation, forecasting three rate hikes in 2022
(DBN)

The 2022 economy will be hotter and pricier than the Fed expected just three months ago
(DBN)

IMF warns of interest rate risks as global debt hits $226 trillion
(DBN)

Gen Zers and millennials would take a pay cut to move to a cheaper part of the US
(DBN)

Producer prices rise at fastest pace on record
(DBN)

U.S. business inventories increase strongly in October
(DBN)


How millions of jobless Americans can afford to ditch work
(DBN)

Companies' return-to-office orders may be fueling the Great Resignation — and hurting the middle class, says a law professor who runs a hotline for workers
(DBN)

Medical experts: Here’s what ‘normal’ post-Covid life could look like in 2022
(DBN)

The "powerful forces" that will help lower long-term inflation
(DBN)

Federal Debt Equals About $287,859 Per Income-Tax-Paying Household
(DBN)

‘They’re sick of masks’: Democratic governors fight Covid fatigue
(DBN)

New California rules to end distinction for vaccinated workers
(DBN)

New indoor mask mandate begins for Orange County, Inland Empire, San Diego
(DBN)

States plan challenges to federal vaccine mandates
(DBN)

Percentage of workers facing vaccine mandates stalls at 36 percent: Gallup
(DBN)

Booster mandates begin
(DBN)

Biden's vaccine-or-testing policy for private companies will be reviewed by three-judge panel
(DBN)

JPMorgan moves annual health-care conference to virtual after attendees drop out on omicron fear
(DBN)

Seattle's Space Needle cancels in-person New Year's Eve fireworks third year in a row; replaced by virtual celebration
(DBN)

Five governors ask Pentagon to reconsider National Guard vaccine mandate
(DBN)

Growing number of companies suspend vaccine mandates, including hospitals and Amtrak
(DBN)

Apple pushes back its return-to-office indefinitely, temporarily closes 3 stores over Omicron variant: reports
(DBN)

Navy starts kicking out sailors for refusing Covid vaccine as Republicans rage over mandate • Navy to Start Ejecting Unvaccinated Sailors
(DBN)

California Population Loss Accelerated During Pandemic
(WSJ)

Amid drought, conflict and rocketing prices, a global food crisis could be approaching, top expert warns
(DBN)

Musk hits back after Warren accuses him of 'freeloading' • Elon Musk calls Elizabeth Warren 'Senator Karen' in spat over taxes • 'The world's richest freeloader has a very thin skin': Elizabeth Warren hits back at Elon Musk for calling her 'Senator Karen'
(DBN)

Last child tax credit money goes out Wednesday as advocates plead to extend it • Allowing the expanded child tax credit to expire would be a major mistake
(DBN)

The striking race gap in corporate America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

End of moratoriums means the return of the 10-minute eviction
(DBN)

Homebuilder confidence ends the year on a high even as costs rise • NAHB: Builder Confidence Increased to 84 in December
(DBN)

Wall Street Created and Cashed In on Foreclosure Crisis
(DBN)

Most American homeowners are 'house poor' — and 40% of them have taken second jobs to afford a mortgage, survey says
(DBN)

Troubled Brooklyn landlord All Year files for Chapter 11
(DBN)

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

This block used to be for first-time homebuyers. Then global investors bought in.
(DBN)

$2.8 million loan leads to federal fraud convictions for Augusta apartment building owner
(DBN)

Metros with the most unoccupied homes in America
(DBN)

____________

Municipalities:

Puerto Rico Bankruptcy-Exit Plan Offers Island a Fresh Start
(DBN)

Judge questions preemption of pension laws in Oversight Board's debt plan
(DBN)

Harvey, Illinois, working to meet June deadline on debt restructuring
(DBN)

Is Nashville the next hot spot in the Bay Area exodus?
(DBN)

____________

Oil/Gas:

Elizabeth Warren asks SEC to investigate compensation at fossil fuel giants
(DBN)

Texas pipeline company charged in California oil spill faces millions in fines
(DBN)

____________

Retailing:

Retail Sales Increased 0.3% in November • Retail sales disappoint in November, raising concerns that inflation is tamping down on spending • Shortages, inflation restrain U.S. retail sales
(DBN)

November retail sales soar 16% year over year and 27% from 2019
(DBN)

Retailers add 7.5% fewer seasonal jobs than last year: report
(DBN)

The retail theft 'crisis' isn't what you think it is
(DBN)

Sears, Struggling to Sell Goods, Markets a Valuable Asset: Real Estate
(DBN)

Shifting priorities, space needs behind decision to sell former Sears campus, company says
(DBN)

Retailers face rising holiday return costs this year, a new report says
(DBN)

____________

Cruise Lines:

On Cruise Ships, Omicron Puts Safety Protocols to the Test
(DBN)

____________

Politics:

The Global Decline of Democracy
(DBN)

One year of ‘President Manchin’: For the Democratic agenda, all roads go through West Virginia • Democrats divided over how hard to push Manchin • Democrats push Manchin on 'nuclear option' for voting rights • 'Going very poorly': Biden can't nail Manchin down on Dems' bill
(DBN)

Biden's big spending bill is being partly held up by Democrats squabbling over tax cuts for the rich
(DBN)

'Know when to hold and know when to fold': Progressives accept limits of their power
(DBN)

Democrats' hopes dim that Build Back Better will pass before New Year • Democrats' $2 trillion spending plan in political peril as talks between Biden, Manchin appear to hit snag • Democrats are unlikely to pass Biden’s social spending plan this year — here’s what it means
(DBN)

Biden can't pay for his 'Build Back Better' plan by going after tax cheats
(DBN)

Blinken cuts foreign trip short over Covid concerns
(DBN)

Amid caustic rhetoric, House votes to combat Islamophobia
(DBN)

Official: License for Noem’s daughter got unusual treatment
(DBN)

Trump endorses Lauren Boebert within 24 hours of Congress tacitly rebuking her for making Islamophobic comments
(DBN)

Bill O'Reilly: 'Diminishing the Capitol riot could never have happened' while he was at Fox News
(DBN)

Pelosi rejects stock-trading ban for members of Congress: 'We are free market economy. They should be able to participate in that' • Congress and top Capitol Hill staff have violated the STOCK Act hundreds of times. But the consequences are minimal, inconsistent, and not recorded publicly.
(DBN)

Critics call out Paul for his record opposing disaster bills
(DBN)

The military-intelligence veterans who helped lead Trump’s campaign of disinformation
(DBN)

Texas attorney general cannot unilaterally prosecute election cases, state's highest criminal court rules
(DBN)

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

Agency overseeing Trump's D.C. hotel lease failed to examine ethical, constitutional conflicts, report says
(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 (6 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)

______________

Aviation:

Airline CEOs face Senate panel over flight cancellations after taking $54 billion in taxpayer aid
(DBN)

Airlines place their bets, looking past pandemic to renew fleets
(DBN)

Airline executive says masks 'don't add much' on flights
(DBN)

____________

Insurance:

Bankrupt insurance companies making Hurricane Ida rebuilding hard for many
(DBN)

____________

Coal:

White House seeks to assuage concerns from coal communities
(DBN)

____________

Fraud:

Ex-Queen Mary operators ordered by judge to pay daily $250 fine in alleged PPP loan fraud
(DBN)

Ex-McKinsey partner pleads guilty to insider trading in Goldman Sachs deal
(DBN)

____________

Sports:

The NFL and NBA lead new Covid outbreaks in sports, spurring fines and delays
(DBN)

The NFL Is a COVID Superspreader Right Now
(DBN)

Covid battering NBA, NFL and NHL, sidelining key players and postponing games
(DBN)

Doctor and ex-NBA executive says sports Covid cases ‘bad sign’ for holidays
(DBN)

____________

Student Debt:

A majority of voters agreed with student-loan borrowers in a survey: Payments should not resume in 48 days while the pandemic is still ongoing
(DBN)

Biden appears unlikely to extend the student loan pause—here’s how borrowers can prepare right now
(DBN)

Do’s And Don’ts On Getting Ready For The End Of The Student Loan Forbearance
(DBN)

Staggering student-loan debt burdens hundreds of congressional staffers
(DBN)

Biden is making it easier for student-loan borrowers to repay debt based on their income when payments resume next year
(DBN)

____________

Celebs:

Inside the ACE Family's new luxury mansion which they showed off after their last $10 million home was foreclosed on
(DBN)

____________

Hotels:

All Year Files for Bankruptcy to Stave Off Insolvency Lawsuits
(DBN)

____________

Hedge Funds:

Hedge funds set to end 2021 with inflows for first time in three years
(DBN)

____________

Mass Torts:

Tort Claimants' Committee for Boy Scouts of America Bankruptcy Rejects Proposed Settlements
(DBN)

____________

Movie Theaters:

Cineworld shares tumble after damages over scrapped Cineplex deal
(DBN)

____________

Climate:

Biden visiting Kentucky to console tornado victims, give aid
(DBN)

Is the factory liable if workers felt pressured to stay during a tornado?
(DBN)

Powerful storm brings damaging winds, record warmth, tornado risk • Around 100 million Americans under weather alerts including tornadoes, wildifires and wind gusts up to 100 mph
(DBN)

California storm brings much-needed snow and rain during drought
(DBN)

Alex Jones blames Joe Biden's imaginary weather weapons for fatal tornados
(DBN)

Antarctic ice shelf could crack, raise seas by feet within decade, scientists warn
(DBN)

Five children killed after heavy winds send bouncy castle flying in Australia
(DBN)

Powerful typhoon hits Philippines, nearly 100,000 evacuated
(DBN)

____________

Education:

Colleges go back to drawing board — again — to fight COVID
(DBN)

As parents protest critical race theory, students demand end to classmates' racial slurs
(DBN)

Gov. Ron DeSantis quotes Martin Luther King Jr. while proposing a Florida bill allowing parents to sue schools that teach critical race theory
(DBN)

Cal State expected to drop SAT, ACT admissions requirement
(DBN)

New York University is the latest school to cancel events over a coronavirus surge.
(DBN)

LA school board votes to delay student vaccine mandate as thousands remain non-compliant
(DBN)

____________

UK:

The Bank of England just hiked interest rates in a bid to tame decade-high inflation
(DBN)

Covid pass starts in England despite biggest rebellion of Johnson era
(DBN)

World watches on as UK sees ‘staggering’ omicron surge, races to deploy boosters
(DBN)

France bans all non-essential travel from the UK as Omicron cases surge there
(DBN)

UK reports highest number of daily Covid cases since the pandemic began • Highest ever daily Covid cases reported as 78k infected & Omicron cases soar 90%
(DBN)

UK health official labels omicron the 'most significant threat' since start of pandemic
(DBN)

Eight in ten small business owners losing sleep over continued impact of Covid on business
(DBN)

'It's like another job!' Meet the homeowner with a £70k cladding repair bill who spends two hours every day fighting for justice
(DBN)

____________

Canada:

Canadian financial firms gradually bring employees back to offices
(DBN)

____________

France:

Over-65s in France without Covid booster shot to lose health pass benefits
(DBN)

Facing new COVID wave, staff at a French hospital say: 'We're exhausted'
(DBN)

____________

Germany:

German police foil 'anti-vaxxer murder plot' against state premier
(DBN)

____________

Greece:

Group handcuffs principal in Greece, suggests he be arrested for enforcing COVID-19 measures
(DBN)

____________

Poland:

'Shameful': Auschwitz-Style Banner at Polish COVID Vaccine Protest Condemned
(DBN)

____________

Australia:

Australia reopens borders closed since March 2020 to vaccinated non-citizens
(DBN)

____________

Singapore:

Rhodium insolvency fears sparked by loss of US$580mn insurance cover
(DBN)

____________

Russia:

EU warns Russia: If you invade Ukraine, there will be a high price to pay
(DBN)

____________

China:

China Puts More Troops on Border with India
(DBN)

___________


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