December 3, 2021

The Daily Bankruptcy News

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Law:

A higher percentage of law grads are getting hired by larger firms
(DBN)

Kirkland Shortens Partnership Track... Will Anyone Else Follow?
(DBN)

2 law firms announce merger that will bring them into the Am Law 100
(DBN)

Biglaw Firm Spreads A Little Love -- By That We Mean Money -- This Bonus Season
(DBN)

Sometimes Bonus News Isn't A Good Thing
(DBN)

Top 20 Biglaw Firm Enters The Bonus Fray
(DBN)

Counting Cravath Cash: Another Boutique Firm Makes A Match On Biglaw Bonuses
(DBN)

Hogan Lovells, Mayer Brown Match Cravath’s $115,000 Bonuses
(DBN)

This Brand New Firm Hasn't Even Reached Its One-Year Birthday And It's Offering Cravath Bonuses To Associates
(DBN)

Can This Biglaw Firm Transform Corporate Culture In America?
(DBN)

Viral post by once-rejected Perkins Coie partner leads to legal mentor nonprofit org
(DBN)

General Counsel Feel The World Getting More And More Risky
(DBN)

Can Biglaw sustain its bigness?
(DBN)

Lawyers reveal their reasons for staying at their firms
(DBN)

Mark Meadows downplays January 6 violence in new book, blaming 'a handful of fanatics' Former Trump DOJ official set to plead the Fifth before Jan. 6 committee Trump DOJ Lawyer Jeffrey Clark Plays Stupid Games With Jan. 6 Committee, Wins Stupid Contempt Referral Prize 'Eye-Gouger' Ex-Cop Who Used to Be on Mike Bloomberg’s Security Detail Intends to Argue He Beat Up Officer on Jan. 6 in Self-Defense The Capitol riot suspect who admitted to new felonies while representing himself compared himself to Jesus, new court filings show
(DBN)

Lawyer who sued Pence faces dubious D.C. Circuit panel on ethics matter
(DBN)

Attorney Sidney Powell and her team ordered to pay $175,250 in fees for Michigan election case Sidney Powell, L. Lin Wood among attorneys ordered to pay $180,000 over Michigan 'Kraken' suit
(DBN)

A man said he'd hang 6 members of Congress who didn't 'get behind' Trump, feds say. He got 33 months in prison.
(DBN)

Jussie Smollett 'wanted me to fake beat him up,' Abimbola Osundairo testifies
(DBN)

DOJ probing Andrew Cuomo sexual harassment claims, contract reveals
(DBN)

'She Looked Young': Jeffrey Epstein’s Former House Manager Backs Up Testimony by Ghislaine Maxwell’s Accusers Epstein had underage guests at Palm Beach estate, ex-employee says at Maxwell trial Maxwell Day Three: (Less Than) Total Recall Visitor logs reveal Epstein visited the Clinton at least 17 times
(DBN)

Texas Restricts Medication Abortion, Escalating War On Reproductive Rights
(DBN)

As Supreme Court weighs abortion, here's the true cost of traveling out of state to access one — or being denied altogether
(DBN)

Overturning Roe could strain abortion access even in blue states
(DBN)

Preview of 'a post-Roe world' in Texas over abortion access
(DBN)

Trump's justices look set to restrict abortion Unpacking the Supreme Court’s abortion arguments Compromise appears elusive for this court as conservatives signal little interest in middle ground on abortion
(DBN)

Training, ubiquitous in era of school shootings, appears to have saved lives in Oxford
(DBN)

Judge blocks Texas bill aimed at preventing social media companies from deplatforming people based on their 'viewpoint'
(DBN)

Mexico to Allow U.S. ‘Remain in Mexico’ Asylum Policy to Resume
(DBN)

Small percentage of migrants processed by U.S. in 2021 had access to COVID-19 vaccines
(DBN)

Did Trump’s Border Patrol Chief Make a Rape Threat? A Judge Says Yes.
(DBN)

A Former Ohio Sheriff’s Deputy Was Charged With Murder For Fatally Shooting A Black Man In The Back Ex-Ohio Deputy Charged with Murdering Man in Doorway of Home Is Also Accused in Civil Suit of Finding 'Happiness in Exercising Force'
(DBN)

New prosecutors reopen investigations into deadly police shootings
(DBN)

Attorney for 'Rust' assistant director says Alec Baldwin 'did not pull that trigger' Alec Baldwin denies responsibility for fatal shooting on movie set Emotional Alec Baldwin recalls ‘Rust’ shooting: 'If I felt that I was responsible, I might have killed myself' Alec Baldwin says he isn't responsible for 'Rust' shooting: 8 takeaways from his emotional interview Alec Baldwin Hits Back at Trump and George Clooney in Explosive Interview
(DBN)

15-Year-Old Michigan School Shooter 'Methodically and Deliberately Walked Down the Hallway Aiming the Firearm at Students': Prosecutors
(DBN)

N.H. Man Sent to Prison, Ordered to Pay Nearly $230,000 for Putting Razor Blades in Grocery Store Pizza Dough
(DBN)

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Judges:

Ninth Circuit Judge Has Had It With Trump Judge's Insulting Dissents
(DBN)

Cases this term will shape the Supreme Court far more than Biden's commission
(DBN)

More Democratic senators appear open to court changes
(DBN)

U.S. Senate panel backs 9th Circuit nominee Sanchez, deadlocks on Thomas
(DBN)

Judicial nominee apologizes for tone of social media posts; conservative group buys ads to oppose him
(DBN)

House Republicans Favorably Cite Alexander Hamilton, House Democrats Rely on Brett Kavanaugh During Explosive Oral Arguments Over Mask Mandate and 'Hefty' Fines
(DBN)

Ginsburg once defined the court's vision of women's equality. Now Barrett does.
(DBN)

7th Circuit's Hamilton to take senior status, giving Biden second vacancy
(DBN)

U.S. Senate panel advances judicial security bill after N.J. attack
(DBN)

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Wall Street:

Stock futures edge lower ahead of November jobs report
(DBN)

US stocks edge higher as investors struggle against Omicron volatility Dow surges 400 points Thursday, even as stock market grapples with omicron, interest-rate uncertainty
(DBN)

The Nasdaq and the Dow are now trading in a way that was evident just before the internet bubble burst
(DBN)

‘It’s a Trump Day’ as Stocks Tied to Ex-President Stage a Rally
(DBN)

Fed’s inflation pivot could be catastrophic for stocks, fund manager says
(DBN)

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Debt Collection:

Debt collectors can DM, email and text you about unpaid bills. Here's what you need to know.
(DBN)

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Healthcare:

Joel Freedman wanted to borrow $17.5M to keep bankrupt Hahnemann hospital intact. Not so fast, bankruptcy judge says.
(DBN)

December 2nd COVID-19: Hospitalizations Increasing
(DBN)

As the world focuses on omicron, the delta variant is overwhelming parts of America
(DBN)

Omicron lands in U.S. with hospitals already battered by Covid Biden Calls on U.S. to Expand Shots, Boosters to Combat Surge Those new covid measures Biden announced? Europe's been doing that and more for a while. Key Omicron Findings May Be Known in Days, WHO Scientist Says Another Omicron case is detected in the U.S., this time in a Minnesota resident who had traveled to N.Y.C. Omicron cases confirmed in 4 U.S. states New York officials confirm 5 cases of omicron Covid variant in NYC metro area You're Three Times More Likely to Get Reinfected by Omicron, South African Study Finds 'We are pulling out all the stops': White House details strategies to combat delta, omicron variants Fauci says changing fully vaccinated definition to include boosters 'on the table' The things we don't know about the emergence of the omicron variant How Delta and Omicron Could Emerge as Twin Outbreaks Omicron Has Lessons for Us. We Refuse to Learn Them Omicron and delta spell return of unpopular restrictions Omicron Could Overtake Delta in Europe in Months, ECDC Says How to know if omicron is as scary as it seems Coronavirus Spread Rate Measure at Record in S. Africa Epicenter
(DBN)

Delta Sends Hospital Admissions Up in 39 States as Omicron Lands Philly Hospitals Nearing Full Capacity
(DBN)

Biden says he doesn’t want lockdowns and won’t expand vaccine mandates to fight Covid this winter
(DBN)

The vast majority of Republicans don't want a booster
(DBN)

Omicron Is Here, But Fauci Says It’s Safe To Celebrate The Holidays With This Precaution
(DBN)

Omicron Accelerates Push for Second-Generation Covid Vaccines
(DBN)

U.S. rushed contracts to COVID-19 suppliers with troubled plants
(DBN)

Oslo Heads Back to Face Masks, Home Office After Omicron Cases
(DBN)

White House plans at-home COVID-19 testing blitz for winter, and Germany to lock down its unvaccinated
(DBN)

Fact-check: Are vaccinated people dying at a faster rate than unvaccinated people?
(DBN)

Surgeon fined $3,000 for amputating patient's wrong leg
(DBN)

CDC: Data suggests 1 in 44 children diagnosed with autism
(DBN)

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Economy:

Paying people more may not solve the labor shortage. Here's what companies need to do to attract more workers, according to a Wharton professor
(DBN)

Jobless claims rebound to 222,000 in second-lowest weekly read of 2021 Weekly Initial Unemployment Claims Increase to 222,000 Jobless claims jump 28,000 to 222,000, but big ups and downs around Thanksgiving raise questions U.S. Jobless Claims Remain Low Following Prior Week’s Plunge
(DBN)

Goldman November Payrolls Preview
(DBN)

November Employment Preview
(DBN)

The labor shortage is permanent, survey suggests U.S. Worker Shortage Not Likely to Ease Soon, Survey Shows
(DBN)

Hiring was likely strong and employers boosted wages in November, economists say
(DBN)

Google workers in U.S. won’t return to office as expected on Jan. 10
(DBN)

Gain in Hours Worked Gauge May Signal Upside in U.S. Jobs Report
(DBN)

Among America’s Largest Cities, 40% Have Fewer Jobs Than in 2016
(DBN)

Covid-19 Made Americans Into Super Savers. Now They’re Hoarding Cash.
(WSJ)

Omicron could cause 'significant problems' for global economy, Yellen says
(DBN)

Yellen Says It’s Fed’s Job to Avoid Any Wage-Price Spiral
(DBN)

Traders Signal Fed Overshooting Outlook for Interest-Rate Hikes
(DBN)

Gallup: Inflation Causing Hardship for 45% of Households
(DBN)

Treasury Rates Jump and Curve Flattens as Fed Taper Chorus Grows Fed Trio Echoes Powell on Faster Taper Amid Quickening Inflation
(DBN)

What’s the status of the vaccine mandate in the US
(DBN)

Red States Pay Jobless Claims if You Quit Over Vax Mandate
(DBN)

New Jersey GOP lawmakers defy statehouse COVID policy
(DBN)

Oklahoma sues Biden administration over Pentagon vaccine mandate
(DBN)

Vaccine holdouts in Navy, Marines hit 19,000 as deadline passes to comply with mandate
(DBN)

Nevada to impose insurance surcharge on unvaccinated state workers
(DBN)

Fed's outgoing top bank cop says overall level of capital in U.S. banking system 'is more than ample'
(DBN)

McConnell pushed back against the idea of a government shutdown to derail Biden's vaccine mandate, as threats by the GOP's right test his power House Releases Stopgap Spending Bill to Avert Dec. 4 Shutdown House, Senate leaders announce government funding deal as they race to avert shutdown Deal reached to keep government open through mid-February, but shutdown risk remains in Senate Senate Passes Stopgap Funding Bill Senate Clears Stopgap Government Spending, Averting Shutdown
(DBN)

Yellen says cutting some tariffs on Chinese goods could ease price pressures
(DBN)

U.S. to delay UK trade deal over post-Brexit concern U.K. Warns U.S. Not to Conflate Steel Tariffs With Brexit Row
(DBN)

Empty containers at Southern California ports can reportedly be seen 'strewn throughout the region' from 80 miles away
(DBN)

Elon Musk and Jeff Bezos have sold $20 billion of Tesla and Amazon stock this year as insider sales soared to a record high
(DBN)

The happiest retirees have at least $500,000, this financial adviser said. Here's what readers had to say about that.
(DBN)

This Working Mom Who Is In Labor Trying To Explain To Her Boss Why She Can't Come Into Work Is Shedding Light On All Sorts Of Sad Truths About The US Workforce
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Bronx landlord could lose property after filing for wrong type of bankruptcy
(DBN)

Mortgage rates hold steady despite volatility in financial markets and new covid concerns
(DBN)

Suburban NYC Home Sales Plunge Because There’s Nothing to Buy
(DBN)

Want to rent the 'Home Alone' house? It comes complete with booby traps and a tarantula
(DBN)

Rents Still Increasing Sharply
(DBN)

____________

Oil/Gas:

Failed Limetree refinery bidder calls winning bid 'disguised liquidation'
(DBN)

Exxon Plans Below-Inflation U.S. Pay Raises Despite Banner Year
(DBN)

What Will Happen To Oil And Gas Workers After The Energy Transition?
(DBN)

OPEC+ to go ahead with oil output rise, as U.S. pressure trumps virus scare OPEC+ takes unusual tack by keeping existing production policy, while keeping its meeting 'in session' OPEC Nations Boosted Oil Production More Than Pledged Last Month
(DBN)

Oil Plunges 4.8% as Russia Proposes OPEC+ Output Hike
(DBN)

Oil prices have tanked so hard traders are assuming planes won't fly for 3 months: Goldman Sachs Goldman Sees Upside Oil Price Risk Despite OPEC+ Supply Decision
(DBN)

Ford November U.S. EV sales jump more than 150%
(DBN)

Toyota Gets Ready to Sell Only Zero-Emission Cars in Europe
(DBN)

____________

Utilities:

Members of bankrupt Brazos Electric question strategy amid ERCOT dispute
(DBN)

Southern’s Georgia Nuclear Plant Could See Delays Until 2023
(DBN)

____________

Fraud:

How the Enron Scandal Changed American Business Forever Twenty years after epic bankruptcy, Enron leaves a complex legacy
(DBN)

____________

Satellites:

Intelsat bankruptcy hearings delayed
(DBN)

____________

Coal:

U.S. Coal Is Making A Transitory Comeback
(DBN)

____________

Crypto:

Crypto exchanges 'thought they could throw a fastball' by the SEC, but enforcement is coming, Chairs Gensler, Clayton warn
(DBN)

____________

Climate:

Drought Has Gripped Every Inch of California for Almost 7 Months
(DBN)

Early winter heat shatters records in U.S., Canada
(DBN)

‘Degrowth’ Is a Misguided Way to Decarbonize the Economy
(DBN)

Severe Flooding in Australia Set to Worsen, Submerging Crops
(DBN)

Farm Animals Died by the Hundreds of Thousands in Canada Floods
(DBN)

____________

Politics:

DeSantis Wants New Florida Civilian Military Force
(DBN)

Democrats look to ‘go on offense’ on abortion as Supreme Court weighs Roe v. Wade
(DBN)

Moderate House Democrats urge leaders to focus on economic issues
(DBN)

Why Mainstream Media Pros Pledged Themselves to the Oath Keepers
(DBN)

Trump could pocket $100 million in deal for money-losing D.C .hotel
(DBN)

Denver Post: Since Boebert seems incapable, we’ll apologize to Omar for her
(DBN)

Burnout, money, concern drive Harris turnover
(DBN)

Pro-Trump lawyer Lin Wood shared a screenshot on Telegram that he says proves Tucker Carlson and Hunter Biden have a 'buddy-buddy' relationship
(DBN)

More than 40 House Democrats call for Boebert to be stripped of committee assignments over anti-Muslim attacks
(DBN)

Texas' Controversial Voting Law Takes Effect
(DBN)

Republicans See Parents' Frustration With Schools as Path to Retake Congress
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (0 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)

______________

Corporate Governance:

Avoiding an Out-of-Court Restructuring May Breach Fiduciary Duties
(DBN)

____________

Preclusion:

5th Cir. Rejects Borrower’s Bankruptcy Claim Objection as Barred by Res Judicata
(DBN)

____________

History:

Debtors In Bankruptcy: The “Criminals” Of Olde (Wood v. Owings)
(DBN)

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Miscellaneous:

Insolvency 2021: Law and Practice
(DBN)

Insolvency 2021: Trends and Developments
(DBN)

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Aviation:

COVID-19 Omicron travel warning: 60 or over? Postpone your international holiday plans, WHO warns
(DBN)

WHO warns against 'blanket' travel bans
(DBN)

Boeing Rises After China Approves 737 Max for Return to Service
(DBN)

Aviation expert: Omicron border restrictions show countries haven’t learned much
(DBN)

Finland To Require Covid Certificate From All Incoming Travelers
(DBN)

Cathay Plans to Hire Hundreds of Pilots as Morale Falls
(DBN)

____________

Celebs:

Sean ‘Diddy’ Combs Seeks to Buy Namesake Brand Out of Bankruptcy
(DBN)

____________

Art:

At Miami's Art Basel, a canvas of global inequality in the pandemic age
(DBN)

____________

Education:

'Zoom-bombers' hijacked school board meeting from Black superintendent, played looped recording of racist slur
(DBN)

California school district will let unvaccinated students have in-person learning, defying state mandate
(DBN)

The religious right wants states’ tax dollars, and the Supreme Court is likely to agree
(DBN)

In a San Francisco high school, the scars of remote schooling linger
(DBN)

____________

Retailing:

Apple Warning Points to Consumer Caution in Omicron-Hit World
(DBN)

Amazon's employee surveillance fuels unionization efforts: 'It's not prison, it's work'
(DBN)

Walmart salaries revealed: from up to $200,000 for an engineering role to $74 hourly rates for pharmacists
(DBN)

Home Depot Is Spending Big to Keep Lucrative Contractors Happy
(DBN)

CEO of firm behind Kay Jewelers says anticipating early holiday shoppers paid off
(DBN)

14 arrested in connection to smash-and-grab thefts in Southern California, authorities say
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Up 5% Compared to Same Week in 2019; Record Thanksgiving Week Occupancy
(DBN)

____________

Autos:

November Vehicles Sales decreased to 12.9 million SAAR
(DBN)

A Car a Minute Used to Flow Through Here, but Chaos Now Reigns
(DBN)

Hertz Now The Only Thing Willing To Buy Hertz Shares
(DBN)

Hertz Took the Wrong Customer for a Ride A Hertz customer's Thanksgiving reservation gone awry took hours of waiting and a Twitter thread to fix
(DBN)

Musk Sell Another Billion in Tesla Stock
(DBN)

____________

Religion:

Paris archbishop asks for forgiveness, quits over relationship
(DBN)

Christian TV network founder, who discouraged vaccinations, dies after being hospitalized for Covid
(DBN)

____________

Sports:

NFL suspends Antonio Brown, 2 others for misrepresenting COVID vaccination status
(DBN)

Dallas Cowboys Ravaged By Alarming Outbreak
(DBN)

____________

Banking:

Big banks charging Americans millions in 'exploitative' overdraft fees are about to see a crackdown from Biden's top consumer watchdog
(DBN)

____________

Student Debt:

Under pressure to cancel student debt, a top federal aid official points to Biden: 'It is a decision for the White House to make'
(DBN)

____________

UK:

UK economy to outpace rest of G7 as OECD warns on China's zero-Covid policy
(DBN)

Omicron Wrecks Christmas Party Plans Across the City of London
(DBN)

U.K. Watchdog Slams ‘Inadequate’ Fraud Protection on Covid Loans
(DBN)

UK Rolling out 4th Shot
(DBN)

British Tycoon Barclay Faces Prison for Failing to Pay Ex-Wife
(DBN)

____________

Germany:

Germany announces national lockdown for the unvaccinated
(DBN)

Germany Faces ‘Long Road Ahead’ in Covid Battle, Expert Warns
(DBN)

____________

China:

Kaisa Bondholders Reject Chinese Developer’s Debt Swap Proposal
(DBN)

Mitt Romney Blasts Ray Dalio’s China Investments, Calling Them a ‘Moral Lapse’
(DBN)

Watch billionaire investor Ray Dalio defend China's move to disappear citizens from the public eye by likening it to being 'a strict parent'
(DBN)

____________

France:

France to Exempt Truck Drivers From PCR Tests to Cross Borders
(DBN)

France Detects Nine Omicron Cases as Government Eyes Tourism Hit
(DBN)

____________

Brazil:

Brazil Economy Slips Into Recession for Second Year in a Row
(DBN)

____________

Argentina:

Argentina's YPF nears loan deal to ease $400 mln debt pile next year
(DBN)

____________

Taiwan:

Inventec Solar files for bankruptcy Solar energy subsidiary of Taiwan’s Inventec files for bankruptcy
(DBN)

____________

India:

IBBI to make panel of professionals to speed up bankruptcy process IBBI empowers adjudicating authority to pick IPs from panel to curb delays
(DBN)

___________

Malaysia:

Malaysia Detects First Omicron Case as Variant Spread Widens
(DBN)

____________

South Africa:

Virus-Battered South Africa Readies Mandatory Vaccine Policy
(DBN)

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