December 28, 2021

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Latham Rocks The Bonus Market With A Very Special Bonus Announcement
(DBN)

Not All Law Firms Think They Need To Hand Out Big Raises And Bonuses To Attract The Best Talent
(DBN)

Two Firms Opened Up The Bonus Coffers Right Before The Holiday
(DBN)

Yet Another Boutique Firm Matches Market For Biglaw Bonuses
(DBN)

Some Advice From My Friend, The GC!
(DBN)

Prosecutors Drop Murder Case Against California Divorce Attorney Previously Convicted of Killing Stepdaughter’s Husband
(DBN)

Cleveland State Law School Seeks Comments On Removing Chief Justice John Marshall From Its Name
(DBN)

Breaking the Glass Ceiling in the Legal World
(DBN)

Timeline of the coup: How Trump tried to weaponize the Justice Department to overturn the 2020 election Capitol panel to investigate Trump call to Willard hotel in hours before attack How the Capitol Riot Turned a Partisan Congress ‘Toxic’ Republicans plan to shut down the Jan 6 committee and harass Democrats with subpoenas and hearings if they take power Trump Says He Didn’t Owe ‘Duty of Care’ to Rivals on Jan. 6 Beverly Hills Beautician Who Yelled 'You Are Not Going to Take Away Our Trumpy Bear' on Jan. 6 Is Now Cooperating with Feds
(DBN)

Trump Adviser Peter Navarro Lays Out How He and Bannon Planned to Overturn Biden’s Electoral Win
(DBN)

Federal Appeals Court in D.C. Fast-Tracks Trump Tax Return Dispute
(DBN)

US No Longer Viewed as Democracy Role Model
(DBN)

Justice Dept. Extracts New Promise From Bank Not To Break The Law As Punishment For Failure To Live Up To Old Promise Not To Break The Law
(DBN)

Why the Police Believe They’re Not to Blame for Deaths in Custody
(DBN)

Police officer on-duty deaths hit record high in 2021
(DBN)

Sarah Weddington, lawyer who argued Roe v. Wade, dies at 76 Respects Paid to Sarah Weddington, Roe v. Wade Lawyer: ‘A Texas Giant’
(DBN)

'Rarely Apart': Ghislaine Maxwell on Relationship With Epstein Ghislaine Maxwell trial: Jurors seem some way from a verdict as they ask for stationery to help deliberations Jury signals verdict not near at Ghislaine Maxwell trial Maxwell Jury Asks for More Testimony Transcripts, Post-It Notes Jurors Weighing Fate of Ghislaine Maxwell Scrutinize Reams of Evidence as Deliberations Stretch into Second Week Judge tells jury deliberating Ghislaine fate to prepare to stay late until verdict reached
(DBN)

Jurors Set to Deliberate for Fourth Day in the Elizabeth Holmes Trial
(DBN)

Idaho Sheriff Is Accused of Pointing Gun at Woman Who Delivered a Thank-You Card
(DBN)

Man Strangles Neighbor's Kangaroo To Death For Allegedly Attacking His Wife
(DBN)

An Actress Ended Her Life After She Was Blackmailed By Fake Narcotics Officers
(DBN)

Your DNA Test Could Send a Relative to Jail
(DBN)

He Went to Jail on Minor Charges. He Left in a Coma.
(DBN)

N.C. Man Indicted for Allegedly Shooting Neighbor's 5-Year-Old Son in the Head While the Boy Rode His Bike
(DBN)

______________

Judges:

Chief Justice Roberts receives highest approval rating among federal leaders
(DBN)

With the Supreme Court lurching right, state courts offer liberals hope
(DBN)

Just how much is Trump’s judiciary sabotaging the Biden presidency?
(DBN)

State Judge Rewrites First Amendment With 'But I Don't Like The NY Times' Exception
(DBN)

Dissent Takes Aim at Fifth Circuit's 'Impermissible Delay' in Review of 'Mutinous' Abortion Law
(DBN)

______________

Wall Street:

Stock futures turn higher after the S&P 500 hits another record
(DBN)

S&P 500 Closes at Record
(DBN)

Markets see rate hikes coming sooner with still-raging inflation
(DBN)

It’s December 1999 Based on the NYSE Shares Touching New Lows
(DBN)

______________

Student Debt:

Here’s everything Biden has done so far to address the $1.7 trillion student debt crisis
(DBN)

____________

Media:

Outlets hurt by dwindling public interest in news in 2021
(DBN)

____________

Retailing:

Assignment of Sears’ Former Mall of America Lease Upheld by Second Circuit
(DBN)

Apple Closes Its New York City Stores to Shoppers After Covid Spike
(DBN)

Here's why Americans spent a ton for the holidays
(DBN)

Holiday sales soared, with e-commerce notching huge gains, a report says.
(DBN)

A Lonely Walk Thru the Last Illinois Sears Store as it Closed
(DBN)

Returns are the new growth strategy
(DBN)

Why are some stores banning customers from returning gifts?
(DBN)

____________

Live Performances:

NYC entertainment industry workers worry about future amid show cancellations
(DBN)

____________

Ride Hailing:

Nationwide rideshare and delivery scam put thousands of unqualified Uber and Lyft drivers onto the road with stolen identities
(DBN)

____________

Environmental:

Hidden drains and secret pumps: How a Seattle company evaded the EPA to dump toxic water into Puget Sound for years
(DBN)

____________

Movie Theaters:

What Disney’s Bob Iger thinks about the future of the movie theater experience
(DBN)

____________

Healthcare:

World Hits Record Daily Covid Cases as Omicron Mars Christmas
(DBN)

Nearly 50,000 new COVID cases in NY New York City sees four-fold increase in children hospitalised with Covid-19
(DBN)

D.C., Maryland and Virginia emerge from Christmas weekend with record coronavirus case numbers
(DBN)

Florida adds 39,000 new COVID cases from Christmas weekend
(DBN)

No 'panic,' but Covid to 'overrun' some US hospitals: Biden
(DBN)

CDC Cuts in Half Recommended Isolation Period for Covid Patients
(DBN)

Experts warn COVID cases still climbing amid rise in child hospitalizations and college disruptions
(DBN)

The Omicron surge is just getting started
(DBN)

Experts say COVID-19 cases don't tell whole story
(DBN)

'I would stay away from that,' Fauci warns of large New Year's Eve gatherings
(DBN)

Texas Out of Antibody Treatment for Omicron
(DBN)

FDA authorization of Merck COVID pill called "worst decision in its history"
(DBN)

Pandemic battle is now primarily a state-level fight, Biden tells governors
(DBN)

As People Struggle to Find Covid Tests, Biden Pledges Support for Solutions ‘at a State Level’
(DBN)

New York State to Hand Out Millions of Covid Tests for School Kids
(DBN)

An I.C.U. Doctor’s Message of Hope Amid Omicron
(DBN)

Biden says US has 'more work to do' on COVID-19 testing
(DBN)

Biden Seeks to Expand Covid Testing as Demand Surges
(DBN)

Biden looks to reassure governors amid Omicron surge and long lines for tests
(DBN)

Tardy Covid Vaccine Makers Under Fire for Trials in Developing Nations
(DBN)

New study finds booster protection against Omicron drops at 10 weeks
(DBN)

Price tag to vaccinate the world: $7 billion. And the U.S. is already coming up short.
(DBN)

Welcome to Covid-19’s “junior year.” It’s not pretty
(DBN)

Coronavirus Can Persist for Months After Traversing Body
(DBN)

Covid vaccine and mask mandates expose Christian hypocrisy
(DBN)

Fauci Says Domestic Travel Vaccination Rule Should Be Considered
(DBN)

Fauci on Trump getting booed: 'Poisoning the well' on vaccines has 'lingering effect'
(DBN)

Fauci Warns of Complacency With Omicron Poised to Fill Hospitals
(DBN)

It’s only a matter of time before omicron spreads through immigration detention
(DBN)

A Plant That Sterilizes Medical Equipment Spews Cancer-Causing Pollution on Tens of Thousands of Schoolchildren
(DBN)

___________


Economy:

Seven High Frequency Indicators for the Economy
(DBN)

Biden anti-inflation strategy could make things worse, Larry Summers says
(DBN)

Food prices expected to rise again in January: report
(DBN)

'Lazy' Millennials Not Main Cause of Labor Shortage
(DBN)

Economic Confidence in U.S. Matches Early Pandemic Low
(DBN)

World Economy Now Set to Surpass $100 Trillion in 2022
(DBN)

5 GOP-led states extend unemployment aid to workers who lose jobs over vaccine mandates
(DBN)

On the relationship between unemployment and late credit card payments
(DBN)

Many U.S. workers are seeing bigger paychecks in pandemic era, but gains aren’t spread evenly
(DBN)

Omicron triggers business outcry for Washington lifeline
(DBN)

The pandemic pushed nearly 100 million people into poverty
(DBN)

Small Businesses Set For A Perfect Storm In 2022
(DBN)

New York City's new vaccine rules go into effect for businesses and kids' activities Get ready. New COVID rules for private employers start in the country’s largest city today NYC restaurateurs have mixed reactions to the COVID-19 vaccine mandate
(DBN)

Goldman Will Require Covid Boosters, More Tests as It Sticks to Office Return
(DBN)

Fauci says CDC cut isolation time so people return to work faster
(DBN)

Omicron spreads global gloom over New Year’s celebrations
(DBN)

Fearing the Ax in 2022, CEOs Sweat Supply Chain More Than Covid
(DBN)

New supply chain crisis: medical supplies
(DBN)

NYC’s Covid Surge Overtakes Broadway Shows, Museums Trying to Stay Open
(DBN)

Microsoft joins Google, GM in not attending CES tech conference in person over Omicron surge
(DBN)

Expect More Shipping Chaos as Omicron Forces Transport Workers to Quit
(DBN)

The Year Basic Income Programs Went Mainstream
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing Inventory December 27th Update: Inventory Down 4.8% Week-over-week; Near Record Low
(DBN)

COVID-19 Update-Status of Tenant Evictions and Foreclosures
(DBN)

'The One' heads for February auction. But Nile Niami hatches a crypto counterplan
(DBN)

____________

Municipalities:

Puerto Rico bankruptcy parties object to Oversight Board deal
(DBN)

____________

Oil/Gas:

Oil futures shake off early losses to end sharply higher Monday Oil rises to monthly high as markets withstand rising infections
(DBN)

Japan Offers Oil from Strategic Reserves Amid Coordinated Effort
(DBN)

Biden is gambling that clean hydrogen could be the next Tesla
(DBN)

13 Battery Gigafactories Coming to America
(DBN)

____________

Transit:

New York City subway services are set to run less frequently this week as COVID-19 cases soar
(DBN)

____________

Fitness:

New York Gyms Are Sweating Over New Covid-19 Mask Mandate
(WSJ)

____________

Nursing Homes:

As Omicron Spreads, Some Nursing Homes Struggle to Boost Residents
(DBN)

____________

Cruise Lines:

Carnival cruise ship returns to Miami with ‘small number’ of coronavirus cases.
(DBN)

More COVID Outbreaks On Cruise Ships: Crew Infection Forces Ship Back To San Diego
(DBN)

4 cruise ships report virus outbreaks
(DBN)

U.S. CDC investigating nearly 70 cruise ships hit by COVID-19 cases
(DBN)

____________

Sports:

NBA COVID-19 cases still rising as expanded testing begins
(DBN)

Injuries and covid complicate NBA all-star voting
(DBN)

2 more college football bowl games canceled because of Covid-19 Miami cites coronavirus outbreak in pulling out of Sun Bowl Military Bowl canceled after spike in coronavirus cases among Boston College players
(DBN)

COVID-19 means teams battle 2 opponents weekly
(DBN)

Shiffrin is latest elite skier to test positive for COVID-19
(DBN)

____________

Mass Torts:

The Sacklers should pay dearly, but will they?
(DBN)

____________

Education:

L.A. schools tried to mandate vaccines. Then they faced having to send 30,000 students home
(DBN)

____________

Crypto:

Washington grapples with how to expand crypto oversight
(DBN)

____________

Food/Beverage:

Danny Meyer temporarily closes some restaurants, mandates boosters amid COVID surge
(DBN)

____________

Trucking:

Truckers: This Used to be a Great Job
(DBN)

____________

Yachts:

Italian Sea Group Buys Bankrupt Yacht Builder for $91 Million
(DBN)

____________

Autos:

UK Inches Towards Ending Private Car Ownership
(DBN)

Hyundai Closes Its ICE Development Dept.
(DBN)

____________

Agribusiness:

Record Beef Prices, but Ranchers Aren’t Cashing In
(DBN)

____________

Religion:

How Religious Are Americans?
(DBN)

____________

Politics:

Harris: U.S. democracy role model status at risk over voting rights law
(DBN)

No, the Build Back Better Act Isn’t Dead Yet
(DBN)

Trump's 2020 fixation is putting him at odds with some of his biggest fans
(DBN)

Trump: 5,000 Dead Voted (No, It Was Just 4)
(DBN)

Joe Rogan Predicts Michelle Obama Would Beat Trump In 2024: ‘If She Runs She Wins’
(DBN)

52% of Republicans disapprove of Mitch McConnell as Trump ramps up his pressure campaign to topple him: poll
(DBN)

GOP governor thanks Biden for efforts to 'depoliticize' pandemic response
(DBN)

GOP optimism grows over possible red wave in 2022
(DBN)

The 10 races that will decide the Senate majority
(DBN)

Conservatives and Liberals Are Wrong About Each Other
(DBN)

These 7 culture wars dominated 2021 and will haunt the years ahead
(DBN)

Alex Jones Downloads on Trump for Pushing Vax: Either 'Ignorant' or 'Most Evil Man Who Has Ever Lived'
(DBN)

Military is cracking down on ‘questionable tattoos’ to combat extremism. Here’s how
(DBN)

To grow its ranks, House MAGA squad is backing challenges to GOP peers
(DBN)

Mark Milley Should Be Executed on Live TV, Says GOP Congressional Candidate Noah Malgeri
(DBN)

Man who told Biden 'let's go Brandon' goes on Bannon's podcast, touts Trump
(DBN)

____________

 


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)

______________

Bankruptcy Statistics:

Bankruptcy Filing Rate Is Lowest Since Bankruptcy Code's Enactment--The Question Is Why
(DBN)

Purdue, NRA and Boy Scouts: Bankruptcies that defined 2021
(DBN)

______________

Executory Contracts:

In Bankruptcy, Rejection of Prepetition Contracts Is Not Automatic
(DBN)

____________

Cross-Border:

Clearing a Runway to Litigating Claims: The Principle of Comity and Pre-Litigation Discovery in Chapter 15 Cases
(DBN)

____________

Bankruptcy Crimes:

Lawyer convicted of using fraud to get $8 million loans
(DBN)

____________

Bankruptcy Rules:

Advisory Committee on Bankruptcy Rules; Meeting of the Judicial Conference
(DBN)

____________

Litigation:

Do federal jurors still care whether a witness is caught in a lie? Not as much, say 2 veteran litigators
(DBN)

____________

Aviation:

Airlines canceled more than 2,000 flights on Monday as rising Omicron cases wreak havoc on the travel industry The 3 reasons travel ground to a halt this Christmas A travel nightmare is setting up from coast to coast as holiday travelers return home ‘Guess I’m not going home’: Thousands more flights canceled Monday as omicron affects airline staffing
(DBN)

Travel stocks fall as Omicron spurs mass flight cancellations for fourth day
(DBN)

American Airlines, Saddled With Debt and Growing Pains, Turns to New CEO
(WSJ)

Delta Air Lines blames new cleaning rules in Shanghai for the midair turnaround of a flight from Seattle.
(DBN)

Fauci: Removing masks on airplanes 'not something we should even be considering'
(DBN)

A nightmare after Christmas: Omicron outbreak, severe storms spark travel chaos
(DBN)

Fauci signals support for domestic air travel vaccine mandate as 'extraordinarily contagious' Omicron spreads Fauci says U.S. should consider adding a vaccine requirement for domestic flights Fauci: 'I doubt we'll see' a domestic flight vaccine mandate
(DBN)

____________

Hotels:

Distressed Hotels: Financial Restructurings and Bankruptcy
(DBN)

____________

Advisors:

Is McKinsey China’s Weapon Against America?
(DBN)

____________

Climate:

Warren Urges Crackdown on Wall Street Over Climate Change
(DBN)

Study: 10 biggest climate disasters of 2021 cost $170 billion
(DBN)

'We're failing terribly': Colorado's revered slopes face a major threat
(DBN)

Effects of climate change taking root in the wine industry 17H AGO
(DBN)

____________

UK:

London Exodus Sees Record Spend on Homes Outside City
(DBN)

U.K. Rules Out Tighter Covid Restrictions Before New Year
(DBN)

U.K.’s Daily Covid Cases Slip Back Below 100,000
(DBN)

Trump Golf Course Got $4M in British Aid
(DBN)

____________

EU:

EU seeks emergency powers on supply chains
(DBN)

____________

Canada:

'Perfect storm' ahead for some independent stores, but niche retailers will shine
(DBN)

____________

Italy:

Covid Added 5,000 Euros to Italy’s Per Capita Public Debt
(DBN)

____________

Greece:

Greece Reinstates Work-From-Home Mandate, Curbs on Nightlife
(DBN)

____________

France:

France reports record 100,000 daily COVID-19 cases
(DBN)

France considers new Covid restrictions ahead of expected Omicron surge
(DBN)

France to Send Workers Home Three Days a Week as Covid Cases Surge
(DBN)

____________

Italy:

Health experts say Italy faces paralysis under quarantine rules
(DBN)

____________

Belgium:

Belgium’s prime minister considers mandatory vaccination
(DBN)

____________

Hong Kong:

The Hong Kong Court Refuses to Stay ‘Keepwell’ Claims
(DBN)

Bond defaults - Hong Kong court tells mainland administrators: we recognise you, but you can't “stay” here
(DBN)

Hong Kong regime on liquidators
(DBN)

____________

Australia:

Australia COVID numbers surge as Omicron outbreak strains domestic politics
(DBN)

____________

MENA:

Bankruptcy, Insolvency & Rehabilitation Proceedings in Israel
(DBN)

Israeli Hospital to Start Fourth Covid Jab Efficacy Study
(DBN)

No long-distance travel for women without male relative: Taliban
(DBN)

Man banned from leaving Israel for 8,000 years over child support payments
(DBN)

____________

China:

Evergrande Races to Restart Projects as Debt Repayments Loom Evergrande Vows to Ensure Delivery of 39,000 Apartments in Dec. Evergrande Faces First Big Post-Default Dollar Bond Coupon Test Debt ridden Evergrande races to finish building homes
(DBN)

Chinese city of 13 million in strict Covid lockdown
(DBN)

China Begins City-Wide Disinfection of Xi’an to Fight Outbreak
(DBN)

China to jail drivers in brutal 'zero Covid' lockdown as Omicron spreads worldwide
(DBN)

China’s strict ‘zero Covid’ policy with harsh lockdowns failing to defeat Omicron as variant takes a grip
(DBN)

Hong Kong is clinging to 'zero covid' and extreme quarantine. Talent is leaving in droves.
(DBN)

China’s Industrial Firms’ Profits Slow on High Commodity Prices
(DBN)

China develops AI 'prosecutor' that can identify 'dissent' and press charges for common crimes 'with 97% accuracy'
(DBN)

____________

Japan:

Japan Retail Sales Rise for Third Month as Shoppers Catch Up
(DBN)

____________

Singapore:

US Court Approves Bankruptcy of Singapore’s EHT and More Asia Real Estate Headlines
(DBN)

Singapore to Require Vaccinations for Foreigners Working in City
(DBN)

____________

India:

Proposed changes to IBC evokes mixed reactions from insolvency law experts
(DBN)

Facing order cancellations, exporters seek to be spared from refunding export benefits
(DBN)

COVID in India: School closures, digital divide affect millions
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2021