February 12, 2021

The Daily Bankruptcy News

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Due to the Presidents' Day holiday, The Daily Bankruptcy News will not publish on Monday, February 15, 2021



Law:

Greenberg Traurig adds NY practice chief as bankruptcy partners play musical chairs Greenberg Traurig Taps Oscar Pinkas to Chair New York Restructuring & Bankruptcy Practice
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Top 5 Biglaw Firm Raises The Bar On Billable Diversity & Inclusion Hours
(DBN)

Please, we just want to enjoy the video of a lawyer who turned into a cat on Zoom Judge On The Zoom Cat Lawyer Case Says What Everyone Was Really Thinking
(DBN)

Is Alexandria Ocasio-Cortez Heading To Law School?
(DBN)

Rumbled! Dentons lawyers hid relationship from firm by zooming from different rooms of their house
(DBN)

Inequalities In Lawyer Discipline Demand Action
(DBN)

Black Twin Brothers Working Together As Partners At Quinn Emanuel
(DBN)

Alternative legal service providers continue to increase their market share, survey finds
(DBN)

California gets demand letter to stop using facial recognition technology with remote bar exam
(DBN)

Has The Legal Profession Reached A Tech Adoption Tipping Point?
(DBN)

Accused of ‘outrageous and unfounded attacks’ on SCOTUS chief justice, pro-Trump lawyer stands by claims
(DBN)

Impeachment Managers Etching Names In History Democrats Close Their Case Using Trump’s Words Against Him Democrats say Michigan protest was 'dress rehearsal' for riot Rioters acted on Trump's 'orders,' Democrats say in trial Trump trial video shows vast scope, danger of Capitol riot Computer programmer downloaded key impeachment videos as Parler went offline Dramatic new footage reveals Mike Pence being rushed to safety with his wife, daughter and the nuclear football Tuberville says he told Trump about Pence's evacuation during Capitol riot Democrats will wrap prosecution with Trump’s 'lack of remorse' after Capitol attack The GOP senators likely to vote for Trump's conviction Pro-Trump rioters intended to kill Pelosi, impeachment prosecutors say Democrats argue Trump will incite violence again McConnell not pressuring GOP to acquit Trump Impeachment trial descends into chaos over Lee objection After Democrats’ visceral presentation, Trump team on stage Trump Defense to Wrap Up in Under Four Hours Inside Trump's impeachment defense
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Justice Department says an Oath Keepers leader waited for Trump's direction before Capitol attack Some Capitol rioters believed they answered God's call, not just Trump's Feds charge 5 with conspiracy in Capitol riot, several marched with Proud Boys Prosecutors Use ‘Weapons Are OK Now’ Line Against Oath Keeper Charged in Conspiracy Against U.S. Capitol Rioter's Lawyer Tells Judge That Detained Client ‘No Longer Cares About Politics of Who Is President’ FBI arrests another Florida man in Capitol insurrection Lawyer Fired After Recording Himself in D.C. on Jan. 6 Finally Corrects Rookie Legal Mistake, Asks Judge for Do-Over of 2020 Election
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Pelosi: Officers who protected Capitol will get Congressional Gold Medal
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Lawyer found with AR-15 in his car is charged with threatening to kill Democratic senators
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Ted Cruz Pens Op-Ed Contradicting His Vote on Whether Senate Has Jurisdiction Over Trump’s Impeachment
(DBN)

Jewish tradition may explain why Trump's lawyer covered his head when taking a drink
(DBN)

Kyle Rittenhouse returns to court as prosecutors seek his re-arrest for allegedly violating bond Judge declines new arrest warrant for Kyle Rittenhouse Judge Sides with Kyle Rittenhouse in Defense Request for Secret ‘Safe House’ Address, Refuses to Issue Warrant for Re-Arrest or Increase Bail
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Officials: Barr blocked officer plea deal in George Floyd death
(DBN)

Justice Department leaders repeatedly stymied requests for search of Giuliani's records
(DBN)

A Million-Dollar Pardon Offer at the Trump Hotel
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Mexico president warns against false claims of open US doors
(DBN)

Desperation grows in battered Honduras, fueling migration
(DBN)

Biden terminates Trump emergency order used to construct border wall
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Undocumented Immigrants Rarely Flee Upon Release, U.S. Data Show
(DBN)

Inside the Virgin Islands AG Complaint Charging Executors of Jeffrey Epstein's Estate as 'Indispensable Captains' of His Sex-Trafficking Scheme
(DBN)

‘I am a child!’ Police pepper spray shows kids not exempt New video captures pepper-sprayed girl’s wait for EMTs
(DBN)

Enraged Texas Mom Perfectly Tackles a Man She Says Was Looking Through 15-Year-Old Daughter’s Bedroom Window
(DBN)

HBO Max’s ‘Perry Mason’ and the benefits of practicing law as a second career
(DBN)

Hogan Lovells' ex-Moscow Managing Partner releases a trailer for her new business
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Spokane synagogue vandalized with swastikas, Holocaust memorial damaged
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Judges:

BK ED WI: Appointment of Bankruptcy Judge Rachel M. Blise Milwaukee lawyer named as bankruptcy judge
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New York Judge Calls It Quits After Admitting To Keying A Car
(DBN)

Family Court Judge Warns Attorneys To Wear Pants In Hilarious Parody Video
(DBN)

‘I’m Not a Cat’ Takeaways: Judges Give 5 Virtual Court Tips
(DBN)

‘An Embarrassment to the Party’: Insiders Say Cuomo Cleared Way for Daughter of New York’s Top Judge to Secure State Supreme Court Seat
(DBN)

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Wall Street:

Stock futures dip in overnight trading after S&P 500 ekes out record close
(DBN)

European markets fall; UK economy falls to record 9.9% slump in 2020
(DBN)

Angry customers show up at Robinhood’s headquarters in the wake of trading chaos
(DBN)

Wall Street Set for New Prosecutor as Schumer Vets Biden Pick
(DBN)

Wall Street Gets Shorter SEC Leash in Repeat-Offender Crackdown
(DBN)

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Layoffs:

Bloomberg News Lays Off Staffers Including Longtime Editors
(DBN)

Houston-based Oil Producer Marathon Oil Confirms Layoffs
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Politics:

Biden hopes infrastructure can bridge partisan divide
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A 'Scary' Survey Finding: 4 In 10 Republicans Say Political Violence May Be Necessary
(DBN)

State and local GOP committees attack any Republicans who dare turn on Trump
(DBN)

Pompeo’s taxpayer-funded gifts to dinner guests: $10,000 in engraved pens from China
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Autos:

Autoworkers face uncertain future in an era of electric cars
(DBN)

Biden to sign executive order addressing chip shortage
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Economy:

Weekly Initial Unemployment Claims at 793,000 Jobless claims worse than expected as pandemic-related filings surge US jobless claims fall slightly to 793,000 with layoffs high
(DBN)

Pelosi expects Covid relief will be signed into law before unemployment programs expire Democrats pushing Biden’s COVID-19 bill through House panels Radio host Dave Ramsey slammed stimulus checks, and said you're 'already screwed' if $600 or $1,400 changes your life
(DBN)

U.S. federal debt to exceed size of economy even before Biden stimulus is approved, CBO says $1,923,752,000,000: Federal Spending Sets Record Through January Budget office expects $2.3T deficit before Biden relief plan
(DBN)

Fed’s Harker says inflation won’t be posing a threat anytime soon
(DBN)

CBO Sees Wider 2021 Budget Gap But Smaller Deficits Over Decade
(DBN)

Biden meets with bipartisan senators to discuss potential infrastructure bill Biden says China will ‘eat our lunch’ if U.S. doesn’t move on infrastructure
(DBN)

US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

U.S. Home Prices Post 14.9% Jump in Pandemic Real Estate Rally
(DBN)

MBA: "Mortgage Delinquencies Decrease in the Fourth Quarter of 2020"
(DBN)

Mortgage Delinquencies and Foreclosures by Period Past Due, 2002-2020
(DBN)

Mortgage rates stuck in neutral amid economic uncertainty
(DBN)

How wild lumber prices have crippled homebuilders
(DBN)

Houston Real Estate in January: Sales Up 27.5% YoY, Inventory Down 31% YoY
(DBN)

3rd Circ. Won't Revive Challenge To WaMu Ch. 11 Deal
(DBN)

Cheap old homes draw millennials escaping pandemic cages
(DBN)

Amid a pandemic, a revived market for new homes
(DBN)

Remote Workers Spur an Affordable Housing Crunch in Montana
(DBN)

Trump Lawyer Says He’s An ‘Employee’ At Florida Club, Dutifully Inspecting Golf Course And Omelet Station
(DBN)

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Municipalities:

Puerto Rico Would Reportedly Run Out of Cash by 2029 Over Debt Payment Plan
(DBN)

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Oil/Gas:

Red River Statutory Rivalry: Texas Lien Statute is Fatal to Texas Producers’ Security Interests
(DBN)

Oil, gas deal tracker: 2021 starts with billion-dollar M&A
(DBN)

Greener pastures: Shell plans steady drop in oil business
(DBN)

Exxon’s Rating Lowered by One Notch After $20 Billion Loss
(DBN)

Thousands of oil-field services jobs added in January
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Climate:

From icy Texas to snowy Seattle, frigid weather blankets huge swath of U.S. Relentless wintry weather to bombard much of US into next week
(DBN)

At Least 5 Dead After Pileup Involving 100+ Cars & Trucks Traps Drivers, Shuts Down I-35W In Fort Worth
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Healthcare:

Mercy Hospital, denied approval to close in Bronzeville, files for bankruptcy. Mayor Lightfoot calls it ‘devastating for that community.’ Trinity Health dumps unwanted Chicago hospital into Chapter 11
(DBN)

White House: 'No decisions' made on domestic travel restrictions
(DBN)

Elderly Bear the Brunt of U.S. Covid Death Toll Despite Vaccines
(DBN)

DC health says UK, South African COVID strains detected
(DBN)

Healthy young people grabbing vaccine doses may look unfair, but it's fine
(DBN)

Texas Doctor, Wrongly Charged for Giving Extra Vaccine to Sick and Elderly, May Have a Case for Malicious Prosecution
(DBN)

How CVS and other retailers will dole out any surplus Covid vaccine doses
(DBN)

Why vaccine production is taking so long
(DBN)

Biden says US is securing 600 million vaccine doses by July
(DBN)

Pfizer vaccine found to give strong immune response to new Covid variants
(DBN)

Former FDA chief: vaccine ramp up alone probably won’t be enough to manage variant
(DBN)

Fauci predicts 'open season' for vaccinations by April
(DBN)

Biden to announce his administration has secured 200 million additional vaccine doses U.S. Clinches Deal With Moderna for Another 100 Million Doses
(DBN)

Biden says Trump 'did not do his job' on coronavirus vaccination program, urges patience
(DBN)

The Second COVID-19 Shot Is a Rude Reawakening for Immune Cells
(DBN)

Race to vaccinate older Americans advances in many states
(DBN)

Among Latino immigrants, false vaccine claims are spreading as fast as the virus
(DBN)

CDC: Fully vaccinated people don't need to quarantine after COVID exposure
(DBN)

DeSantis defends maskless crowds after Buccaneers win amid COVID concerns
(DBN)

Is spring break travel safe this year?
(DBN)

Researchers identify social factors inoculating some communities against covid-19
(DBN)

Trump Was Sicker Than Acknowledged With Covid-19
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Gambling:

Las Vegas to get £614million no-gambling hotel with gym and spa replacing casino
(DBN)

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Personal Finance:

Money Woes Lead To Romantic Rows, AICPA Study Finds
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Theme Parks:

Disney said Covid-related costs shaved $2.6 billion from parks’ income
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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings (12 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (25 new filings today)
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Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
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Seminars - (Contact us to list your seminar)

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Bankruptcy Reform:

Congress Pushes Bankruptcy Aid for Those Suffering Financially from COVID-19
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Plan Confirmation:

Third Circuit Establishes New Analysis for Cramdown Cases
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Non-Competes:

Bankrupt employee’s judgment debt to former employer due to ‘willful and malicious’ contract breach was non-dischargeable
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Venue:

Does § 1409(b) Require Filing A Preference Claim For <$25,000 In Defendant's Home District?
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Aviation:

Airlines Withdraw Planes From Service in Reversal of Recovery
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Airlines are starting to take flight with fully vaccinated crews
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Big US loan fund stumbled in 2020 on airline and shale bets
(DBN)

Frosty Trudeau, empty airports await incoming Air Canada CEO
(DBN)

Reports Suggest Thai Airways Will Retire All A380, A330 And 747
(DBN)

Air Namibia goes into voluntary liquidation
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Agribusiness:

Wisconsin Leads Nation in Farm Bankruptcies By Wide Margin
(DBN)

Corn Boom Sends Farmland Value Up Most Since 2012 in Midwest
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Education:

CDC to share school reopening guidelines on Friday
(DBN)

Is one day a week enough? Biden’s school goal draws blowback
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Nursing Homes:

AP: Over 9,000 virus patients sent into NY nursing homes
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Music:

A racist slur, a groundbreaking coming out and country music's future hanging in the balance
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Sports:

‘Clearly Unconstitutional’ Bill Requiring National Anthem to Be Played at All Public Events Is a ‘Legislative Priority’ for Texas Lt. Governor
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Religion:

New York's Catholic church leaders control billions outside the reach of abuse survivors
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After $21.5M settlement, diocese files plan of reorganization
(DBN)

Law firm details sexual misconduct by global ministry leader
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Hotels:

NYC Hotels Seek Relief From Penalty for Late Property-Tax Bills
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Guns:

Czech gunmaker CZG buys Colt in cash and stock deal
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UK:

Changes for the UK Restructuring and Insolvency Market- predictions for 2021
(DBN)

Azets: Drop in personal insolvencies welcome but will be short lived
(DBN)

GPs could charge holidaymakers £30 for vaccine certificates – as experts says vax passports are ‘inevitable’
(DBN)

Pandemic takes a toll on exhausted UK funeral directors
(DBN)

UK economy shrank by 9.9% in 2020, its largest contraction on record
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EU:

Brussels lifts forecasts for eurozone’s economic recovery
(DBN)

2021 Looks Like a Black Hole for Battered European Tourism
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Canada:

Alberta Court of Appeal vindicates trustee in the latest Perpetual Energy decision
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France:

As Germany extends its lockdown over covid-19 fears, France surprises with a more upbeat tone
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Germany:

Germany to reinstate border controls over virus variant
(DBN)

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Mexico:

Mexico’s Cinemex Shutters Theaters, Works on Restructuring Deal
(DBN)

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Australia:

A closer look at the small business restructuring reforms
(DBN)

Australian city Melbourne begins 3rd lockdown due to cluster
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