February 10, 20201

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Lateral Partner Moves Are (Probably) The Path To Riches
(DBN)

Partner Compensation By Rank Of Law School Attended
(DBN)

At graduation employment figures for law school graduates in 2018
(DBN)

Lawyer’s Zoom hearing is a purr-fect storm tech glitch ‘I’m Not A Cat’: The Best Zoom Court Mishap Yet The Internet Couldn’t Get Enough After Lawyer’s Accidental Kitten Filter Took Over Zoom Hearing
(DBN)

Greenberg Traurig Posts $1.73 Billion in Revenue for 2020
(DBN)

Top Law School Announces On-Campus Interviews Will Return To The Summer
(DBN)

Findings From The 13th Annual Law Department Operations Survey
(DBN)

Coca-Cola GC Bradley Gayton On His Dramatic Demand for Diversity The Coca-Cola Effect: New Diversity Guidelines Intrigue In-House Leaders
(DBN)

Jones Day Faces Likely Trial Over Pro Bono Claim in California
(DBN)

Biden Cleans House At DOJ
(DBN)

A Gap Persists Between Law Firm Pricing Staff and In-House Legal Ops Teams
(DBN)

Senate readies Trump impeachment trial for a divided nation Democrats say they have 'devastating' NEW evidence against Trump Jamie Raskin Gives Emotional Account of Riots at Trump Trial: My Daughter Told Me ‘Dad, I Don’t Want to Come Back to the Capitol’ Would the Founders Convict Trump and Bar Him From Office? Trump’s 2nd trial to start with vote over constitutionality Trump’s Trial Moves Forward After Vote on Constitutionality Senate votes trial constitutional; six Republicans vote 'yes' Trump Defense Lawyer Baffles Viewers With Confounding, Meandering Opening Argument: ‘Just… Ad-Libbing?’ Fox News hosts rounded on Trump's impeachment lawyer, joining a growing chorus of condemnation from the right GOP senators 'perplexed' by 'unfocused' and 'weaker' Trump legal defense Cassidy calls Trump attorneys 'disorganized' after surprise vote Alan Dershowitz Had 'No Idea' What Trump Impeachment Lawyer Bruce Castor Was Doing Absolutely No One Seems to Think Trump’s Impeachment Lawyer Did a Good Job David Schoen Defends Trump Legal Team After Republican Criticism Trump's Impeachment Lawyers Had a Pretty Rough Start to His Second Senate Trial The debate over whether the Senate can hear Trump's impeachment: An explainer Majority says they favor conviction as Trump impeachment trial begins: poll Trump's impeachment argument: A defeated president can do whatever he wants What’s ahead as Trump impeachment trial begins After suffering personal tragedy, Rep. Raskin steps up to lead prosecution of Trump Out of office and on trial Trump's impeachment trial begins with graphic video of Jan. 6 riot interspersed with Trump Managers present dramatic new video of Capitol mob at Trump impeachment trial House impeachment managers remain undecided on witnesses Democrats respond to Trump, seeking to pick apart his arguments Trump's lawyers say he was immediately 'horrified' by the Capitol attack. Here's what his allies and aides said really happened that day. Trump incited Capitol riot further after it began, impeachment trial to claim Trump was 'loving watching the Capitol mob,' former White House official tells CNN White House says Biden won't opine on trial Senate Republicans could unite the nation by convicting Donald Trump Security ramped up at the Capitol for a post-insurrection impeachment trial GOP senators send clear signal: Trump's getting acquitted Vivid impeachment case falls on deaf ears Senate Denies 'January Exception' to Donald Trump as Six Republicans Break Ranks to Let Trial Proceed
(DBN)

Democrats have a back-up plan in case the Senate doesn’t convict Trump on impeachment Can We Prevent Another Trump Presidency Without a Senate Conviction on Impeachment? Disqualifying Trump wouldn't necessarily remove him from the political stage
(DBN)

Lawyer Who Recently Joined Trump’s Impeachment Defense Team Previously Sued Him for Repeatedly Making Voter Fraud Claims ‘Despite Having No Evidence’
(DBN)

Trump Unhappy with His Lawyer's Performance
(DBN)

'Because President Trump said to': Over a dozen Capitol rioters say they were following Trump's guidance Georgia Man Believed Trump’s Tweets Were Calls to ‘FIGHT’ on Jan. 6, Saying ‘Nothing Is More Important’: FBI Judge agrees to release prominent Proud Boys leader facing Capitol riot charges The feds say he’s an extremist leader who directed rioters. He also had top-secret clearance and worked for the FBI, attorney says Americans watched the Capitol riot in 'horror.' Man Who Posted Video of ‘Us Storming’ the Capitol Now Claims He Wasn’t There Due to ‘Extremely Painful’ Disabilities 'Smoke out' at the Capitol results in latest riot arrest A Georgia teenager shoved a police officer and incited people to 'fight' in the Capitol riots, FBI says Chief Federal Judge in D.C. Overrules Magistrate, Orders Proud Boys Leader Held in Custody — For Now
(DBN)

Military struggles to answer how many extremists are in ranks
(DBN)

Will Capitol Police fully investigate its own?
(DBN)

Alan Dershowitz played a role in at least 12 of Trump’s clemency grants
(DBN)

Trump Is One Step Closer to a Possible Criminal Case for That Georgia Phone Call
(DBN)


In Lawsuit Against MSNBC Anchor, Lin Wood Claims He Has Evidence Mike Pence Is a 'Traitor' and Will Provide It If Necessary
(DBN)

Sidney Powell Stars In Process Server Edition Of ‘Catch Me If You Can’ Dominion: We Had to Hire 'Private Investigators' and Pursue Sidney Powell 'Across State Lines' to Serve Her with Defamation Lawsuit
(DBN)

Ukraine Releases Shock Call with Crazy Rudy
(DBN)

Fox Tells Judge Election Fraud Remarks Were Free Speech How Fox News Will Fight a $2.7 Billion Suit About the 2020 Election
(DBN)

New York Appellate Court: Double Jeopardy Rule Bars Manhattan DA's Case Against Pardoned Paul Manafort
(DBN)

Prosecutor is accused of making secret sex videos with 2 women, including a criminal defendant
(DBN)

Ghislaine Maxwell Fails to Keep Parts of Deposition Hidden from Public as Sex-Trafficking Trial Looms
(DBN)

Animal rights lawyer is accused of trying to hire a hit man to kill her husband’s girlfriend
(DBN)

Officer Shoots and Kills Man in Backyard After Mistaking Him for Fleeing Suspect: Police
(DBN)

State Troopers in Louisiana Kept Turning Off Their Bodycams and Allegedly Beating People
(DBN)

How the Police Bank Millions Through Their Union Contracts
(DBN)

Federal Judge Extends Temporary Restraining Order Against Biden's Deportation Pause
(DBN)

A-Rod's bid to dismiss racketeering and embezzlement claims against him is denied
(DBN)

Drove into Protesters, Gets 3 Years
(DBN)

Swastikas Painted Onto Washington Synagogue and Holocaust Memorial
(DBN)

Here’s Why Tessica Brown May Have a Viable Lawsuit Against Gorilla Glue After Using It to Style Her Hair
(DBN)

______________

Judges:

No federal appeals court has more female than male judges; which one is evenly balanced?
(DBN)

Mitch McConnell Called Dred Scott Author ‘Most Outstanding Of American Jurists’ Because Of Course He Did
(DBN)

How Can Biden Get More Federal Judges On The Bench? Make Senior Status More Appealing
(DBN)

Federal judges are announcing future vacancies as an extremely high rate
(DBN)

California Judges Can’t Ethically Hire Law Firm Attorneys
(DBN)

Judge admits she presided in court while ineligible to practice law
(DBN)

LA Judge Sued Over 'Super-Spreader' Hearings Amid Virus
(DBN)

______________

Wall Street:

Dow futures rebound 100 points as stocks look to resume their February rally
(DBN)

He died by suicide thinking he owed $730,000. Now his family is suing Robinhood
(DBN)

Robinhood or Sheriff of Nottingham? Conflicts of interest in the GameStop affair
(DBN)

GameStop extends drop, erases US$30B in value from peak
(DBN)

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Layoffs:

Schwab Cuts 200 Jobs as It Combines Business With TD Ameritrade
(DBN)

American Airlines to furlough nearly 1,200 St. Louis employees
(DBN)

Fact check: 9,000 Shell layoffs were announced prior to U.S. general election and Biden taking office
(DBN)

Heineken cuts 8,000 jobs as virus crisis takes toll on earnings
(DBN)

______________

Politics:

Investment in COVID-19 response by Biden’s son-in-law could raise questions
(DBN)

Centrist Democrats pose major problem for progressives
(DBN)

GOP on defense as Democrats harness party's ties to extremism
(DBN)

How the GOP Aligned Itself with Militants
(DBN)

How Widespread Is Belief In QAnon?
(DBN)

The Republican Party must cast out its demons
(DBN)

Punished by Democrats, Greene consolidates support at home
(DBN)

Republican Rep. Nancy Mace on the Capitol insurrection: 'We need to rebuild our party'
(DBN)

Shelby becomes fourth departing GOP senator
(DBN)

Poll: 64 percent of GOP voters say they would join a Trump-led new party
(DBN)

Poll: Majority say filibuster is an important tool to protect the Senate minority
(DBN)

Intel officials walk tightrope on Trump briefings
(DBN)

Dozens of states see new voter suppression proposals
(DBN)

____________

Student Debt:

These borrowers plan a 'debt strike'
(DBN)

Student loan servicer agrees to borrower relief in Massachusetts settlement
(DBN)

Student loan borrowers hit Navient with involuntary bankruptcy petition
(DBN)

____________

Mail:

U.S. Postal Service swings to a profit as revenue rises, boosted by record holiday package deliveries
(DBN)

____________

Maritime:

Four years into voyage and metres from land, tanker crew still stuck aboard
(DBN)

____________

Coal:

Judge to Rule on Blackjewel Settlement for Wyoming Miners
(DBN)

Closures, more volume declines hitting Powder River Basin coal region in US
(DBN)

____________

Hotels:

Amid fight over pandemic loans, Wilton hotel and buffet file for bankruptcy
(DBN)

____________

Economy:

BLS: Job Openings "Little Changed" at 6.6 Million in December U.S. Job Openings Unexpectedly Increase to a Five-Month High U.S. job openings rise in December; small businesses desperate for workers Job openings increased toward the end of 2020, but a big employment gap remains
(DBN)

A million American mothers are out of work
(DBN)

Pandemic job pain fell unevenly on minorities and the poor, Fed researchers found
(DBN)

Visualizing the Sharp Decline in Credit Card Debt Around the U.S.
(DBN)

Hiring sank in December to cap off worst year for U.S. labor market since 2009
(DBN)

Small Business Optimism Decreased in January
(DBN)

Gallup editor: Americans optimistic despite worsening view of personal finances
(DBN)

Fed’s Aid Program for Midsize Businesses Spent Only 3% of Its Total
(DBN)

Fed’s Kaplan Expects Temporary Inflation Spikes During Recovery
(DBN)

Dems propose $1,400 payments as part of Biden virus relief Here's who is likely to get a third stimulus check under the latest relief package Here’s How Democrats Will Cap Relief Checks at $200,000 Income
(DBN)

Democrats advance short-term $3,000 child tax credit, but some seek lasting hike 'It's not going to solve the problem': Democrats unveil ambitious child-care tax credit, but will it be enough?
(DBN)

Schumer vows Democrats will dual-track coronavirus bill with impeachment trial Senate trial seen as obstacle to bipartisan COVID-19 deal Jamie Dimon, other CEOs to meet with President Biden at White House as relief plan advances Biden, Yellen to discuss $1.9 trillion COVID relief plan with JPMorgan, Walmart, Gap CEOs In meeting with business leaders, Biden backs stricter income limits for stimulus checks
(DBN)

68% of Americans Say They Need Another Stimulus Check
(DBN)

Biden's claim that with a $15 minimum wage, 'the whole economy rises' Senate Democrats attempting to get minimum wage hike in U.S. COVID-19 aid
(DBN)

Axios-Ipsos poll: No shared path back to normal
(DBN)

Biden Team Fears: No COVID Herd Immunity Until Thanksgiving
(DBN)

Dissonance on Returning to Normal Gatherings
(DBN)

The winter COVID surge has reversed progress on economic inequality
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

New Legislation Allows Small Businesses to Defer Rent Up to Four Months in Bankruptcy
(DBN)

NMHC: Rent Payment Tracker Shows Households Paying Rent Decreased 1.9% YoY in Early February
(DBN)

Covid-19 Mortgage Relief Ends Soon for Millions of Homeowners
(WSJ)

MBA Survey: "Share of Mortgage Loans in Forbearance Declines to 5.35%"
(DBN)

Mortgage delinquencies sink to pandemic low, but distress is far from over
(DBN)

Housing Inventory Weekly Update: At Record Lows
(DBN)

It’s still really difficult to get a mortgage, but getting easier
(DBN)

'Palm Beach to decide if Trump stays at Mar-a-Lago Trump Goes from President of the United States to President of Mar-a-Lago, Possibly Thwarting Angry Neighbors’ Legal Threats
(DBN)

Trump Partner Exploring Ways to End Relationship With Ex-President's Company
(DBN)

Buyers have their eyes on Jeffrey Epstein’s infamous islands
(DBN)

Denver Real Estate in January: Sales Down 10% YoY, Active Inventory Down 53%
(DBN)

Condé Nast Withholds $2.4 Million in Rent at One World Trade
(WSJ)

Simon Property’s 2020 retail acquisitions are already paying off
(DBN)

Simon CEO: The suburbs will be ‘hot’
(DBN)

5 creative ways malls are repurposing their space
(DBN)

Housing Prices Are Booming in U.S. Cities — Just Not San Francisco or New York
(DBN)

Told to Demolish His Illegal French Chateau
(DBN)

____________

Municipalities:

Pierluisi’s First Budget is 6.6 Percent Higher Than the FOMB’s
(DBN)

Ending Bankruptcy on a Positive Note
(DBN)

The Biden Administration and Puerto Rico: A Proposal for a Beneficial Relationship
(DBN)

____________

Oil/Gas:

Chesapeake Energy clears bankruptcy, officially Chesapeake Emerges From Bankruptcy Vowing ‘New Era for Shale’ Chesapeake Energy emerges from bankruptcy and shifts back to natural gas
(DBN)

Manchin urges Biden to reverse on Keystone pipeline
(DBN)

U.S. Sees Oil Drilling Picking Up With Crude Firming Above $50
(DBN)

Oil prices surge for seventh straight day of gains
(DBN)

The Auto Revolution Is Here
(DBN)

____________

Autos:

GM Extends Production Cuts Through Mid-March on Chip Shortage GM warns chip shortage could cut 2021 earnings by up to $2 billion
(DBN)

____________

Food/Beverage:

Maryland's most populous county allows indoor dining to resume
(DBN)

____________

Healthcare:

White House to ship COVID vaccines directly to community health centers White House announces boost in vaccine shipments, new sites White House Tells Governors It’ll Boost Vaccine Allocation Another 5%
(DBN)

Where the pandemic has been deadliest in the US
(DBN)

California set to top New York as state with most COVID deaths
(DBN)

Covid Deaths Soar in Hispanic Counties Even as U.S. Cases Fall
(DBN)

With AstraZeneca rollout suspended, South Africa scrambles for a vaccine plan — a ‘preview’ of new fight against variants
(DBN)

Scientists, including Fauci, are facing off over whether to delay 2nd vaccine doses. Here's why the risk of more mutations from delaying shots may ultimately be worth it.
(DBN)

WHO team: Coronavirus unlikely to have leaked from China lab What we know about how the coronavirus started, and why it matters
(DBN)

California uses ZIP codes, outreach to boost vaccine equity
(DBN)

DeSantis on going maskless at Super Bowl: 'I had to watch the Bucs win'
(DBN)

CDC Survey Shows Some Vaccine Reluctance Among Americans Nearly half of adult Americans say they want the Covid vaccine, CDC study finds
(DBN)

Obama calls for Americans to get vaccinated in tweet addressing misinformation
(DBN)

How a federal effort to help low-income Americans pay their phone bills failed amid the pandemic
(DBN)

Anger grows at Israel's ultra-Orthodox virus scofflaws, threatening rupture with secular Jews
(DBN)

Walgreens Vaccine Signup Page Falters Amid Heavy Volume
(DBN)

People With Dementia Are Twice as Likely to Get Covid, Huge Study Finds
(DBN)

Gum disease patients 9 TIMES more likely to die from COVID-19!
(DBN)

J&J CEO says people may need annual Covid vaccine shots for the next several years
(DBN)

Democrats eye big ACA changes in COVID relief bill
(DBN)

____________

Cannabis:

South Dakota judge strikes down voter-passed marijuana measure
(DBN)

____________

Cruise Lines:

Carnival Eyes Another Junk Bond Sale in Fifth Deal of Covid Era
(DBN)

____________

Agribusiness:

Eastern WA 'Cattlegate' Continues: Bankruptcy Complicates Creditors' Claims To Easterday Empire Easterday Farms files for bankruptcy week after Easterday Ranches
(DBN)

____________

Pensions:

House panel to weigh multiemployer pension reform bill Teamsters Laud House Committee For Including Pension Reform In Stimulus Bill
(DBN)

____________

Radio:

Rush Limbaugh is ailing. And so is the conservative talk-radio industry.
(DBN)

____________

Entertainment:

Attorneys challenge Weinstein Co. bankruptcy plan approval Four Weinstein Accusers Seek to Block $35 Million Bankruptcy Payout
(DBN)

____________

Private Equity:

Private equity turns to fund restructurings in COVID-19 slowdown
(DBN)

____________

Distressed Investing:

America’s Troubled Companies Storm Junk Market Yielding Under 4%
(DBN)

____________

Tourism:

Covid leaves French’s cozy islands bankrupt
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Uptick in Restructurings May Outlast COVID-19 Pandemic
(DBN)

Experts get creative to describe January bankruptcy metrics
(DBN)

______________

Discharge:

Engineer can't discharge judgment over noncompete breach in bankruptcy
(DBN)

____________

Make-Whole:

Make-Whole Premiums — “What Is in a Name?”
(DBN)

____________

Avoidance Actions:

Protecting Your Company Against Revenue Clawbacks: Preference Actions (Part 2 of 3)
(DBN)

____________

Mediation:

Hellenic Union of Mediators — Doing Excellent Work!
(DBN)

____________

Aviation:

$15 billion for airline industry called 'first surprise' in Democratic aid plan
(DBN)

Travel’s Biggest Problem Isn’t Covid, Says Virtuoso CEO
(DBN)

Buttigieg: Officials consider negative COVID-19 test requirement on domestic flights
(DBN)

Boeing board let CEO mislead on 737 Max crash causes, suit says
(DBN)

Boeing delivers 26 planes in January as cancellations outpace new sales
(DBN)

Thai Airways lays off hundreds of pilots under debt rehabilitation plan Thai Airways rehab plan on the way
(DBN)

Orix sees HNA bankruptcy as net positive
(DBN)

____________

Fraud:

Owner of fraud-busting business gets prison in Giuliani-related fraud case
(DBN)

NY money manager pleads not guilty to $1.8 billion Ponzi-like fraud
(DBN)

____________

Climate:

Himalayan glacier disaster highlights climate change risks Himalayan Glaciers in Distress
(DBN)

California's rainy season now starts nearly a month later, increasing wildfire risks
(DBN)

Fossil fuel emissions responsible for 1 in 5 deaths: Harvard report
(DBN)

____________

Tech:

House Democrats Demand Parler Hand Over List of Investors, Creditors
(DBN)

How the Covid-19 pandemic broke Nextdoor
(DBN)

____________

Sports:

NHL postpones Capitals-Flyers game amid coronavirus issues with Philadelphia
(DBN)

Super Bowl Viewership Drops To Multi-Decade Low
(DBN)

Howard cancels men's basketball season because of covid concerns
(DBN)

MLB, players' union agree to health and safety protocols, clearing way for spring training to start
(DBN)

NFL begins an uncertain offseason, with questions about vaccines, the salary cap and more
(DBN)

Countries must ramp up climate pledges by 80 percent to hit key Paris target, study finds
(DBN)

No hugs or high-fives: Olympic organisers unveil athlete rulebook
(DBN)

SOS from the French League to the Government to avoid bankruptcy
(DBN)


____________

Education:

America is learning the devastating power of teacher unions
(DBN)

Fights to reopen classrooms reach a head in several school districts
(DBN)

Jill Biden Wants Free Community Colleges
(DBN)

Chicago Teachers Union approves deal to reopen schools
(DBN)

Colleges run into COVID-19 variants
(DBN)

____________

UK:

More than half a million employers at risk of bankruptcy without further support
(DBN)

10 years in prison and huge fines for breaking new travel rules Britain tightens travel restrictions with hotel quarantine and prison threat
(DBN)

How has the pandemic changed the insolvency landscape of retail and hospitality
(DBN)

The Power Balance Is Shifting in London’s Commercial Real Estate
(DBN)

U.K.-EU Relations ‘More Than Bumpy’ Since Brexit, Frost Says
(DBN)

UK says it's not yet at 'gin and tonic' stage with EU after Brexit
(DBN)

Brexit Red Tape Forces Retailer JD Sports to Open EU Warehouse
(DBN)

Controversial U.K. Coal Mine Under Review Over Climate Backlash
(DBN)

Cladding crisis: Flat owners 'exploring bankruptcy and facing bills of over £100,000' One in six cladding leaseholders exploring bankruptcy options, survey reveals
(DBN)

Zombie nation: UK risks creating unviable firms, think-tank warns
(DBN)

____________

EU:

Countdown to 'catastrophe:' Inside Europe's fight for COVID shots
(DBN)

____________

PIIGS:

Greece Imposes Stricter Lockdown in Athens to Halt Virus Spread
(DBN)

EU warned future hangs in balance as Greece 'more bankrupt than it has ever been'
(DBN)

____________

Canada:

COVID has shifted insolvency woe back towards older Canadians
(DBN)

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Cuba:

After a long wait, Cuba opens the door to more capitalism
(DBN)

____________

Russia:

Russia deaths much higher than reported toll, official statistics say
(DBN)

____________

Mexico:

Mexico Now Has the Most Deadly Covid Outbreak in Latin America
(DBN)

____________

Venezuela:

Maduro touts miracle cure to mask massive problem: Venezuela can't (or won't) get vaccines
(DBN)

____________

MENA:

Israel Says 97% of Virus Deaths in Past Month Weren’t Vaccinated
(DBN)

____________

Germany:

Merkel Proposes Gradual Opening of Shops, Hotels From Next Month
(DBN)

Merkel wants German lockdown to continue until March: sources
(DBN)

____________

Austria:

Austria Orders Domestic Border Checks to Halt Mutation’s Spread
(DBN)

____________

France:

French mayor defies COVID curbs to open city's museums
(DBN)

____________

China:

China's restaurants, hotels eye gloomy Lunar New Year as virus worries re-ignite
(DBN)

____________

India:

Pre-packed and Ready to Deploy
(DBN)

Modern Corporate Insolvency Regime in India: A Review
(DBN)

____________

Argentina:

YPF Ad Hoc group creditors won't swap debt beyond 2021 bonds, says source
(DBN)

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