February 19, 2021

The Daily Bankruptcy News

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Law:

‘No, You Can’t Motivate Paralegals By Pointing Prop Guns At Them’ Is A Sentence I Unfortunately Have To Write
(DBN)

Katten Pulls in Top Bankruptcy Attorney Skilled at Helping Lenders
(DBN)

The Remote Versus Physical Office Debate Revisited, Post-Pandemic
(DBN)

'It's Been Horrible': Texas Lawyers Struggle With Power Outages, Burst Pipes, No Water
(DBN)

The Richest Law Firms Are Hiring More Partners After Record 2020
(DBN)

Hogan Lovells Sees Record Profits Per Equity Partner in 2020
(DBN)

The Trio Of Law Schools At The Top Of Wachtell’s Hiring List
(DBN)

Harvard Law student frustrated by quest for interview suit creates her own clothing company Undergrad’s Harvard Law School Acceptance Tweet Goes Viral
(DBN)

Harvard Law School Student Has Created The Ultimate Quarantine Blazer
(DBN)

Freezing Law Student Burns Court Cases To Stay Warm During Power Outage
(DBN)

Law School Displays Gross Lack Of Empathy During Texas Winterpocalypse
(DBN)

Texas Going Forward With Bar Exam No Matter What Plague Hits Next
(DBN)

California Won't Ditch Facial Recognition for February Bar Exam
(DBN)

The Dispositive List of Things Lawyers Need to Stop Saying
(DBN)

Avoiding Disbarment, Ex-Willkie Co-Chair Caplan Gets 2-Year Suspension Over College Admissions Scandal
(DBN)

The COVID-19 Fears Of 2020 Were Realized
(DBN)

The Department Of Justice Has Been REALLY Busy This Year
(DBN)

As The Litigation Churns
(DBN)

The 150-year-old Ku Klux Klan Act being used against Trump in Capitol attack
(DBN)

Still no action from SCOTUS on Trump’s emergency request for subpoena relief in tax records case
(DBN)

Manhattan District Attorney Escalates Investigation into Trump by Enlisting Heavy-Hitting Former Federal Prosecutor
(DBN)

Biden administration and Pelosi lawyers at odds in Donald McGahn subpoena lawsuit
(DBN)

FBI, U.S. attorney in Brooklyn probing Cuomo administration on nursing homes Federal Prosecutors Opened Criminal Investigation After Cuomo Aide Admitted Withholding Nursing Home Death Data from State Legislators: Report
(DBN)

Ghislaine Maxwell says she’s losing her hair and was abused by guard behind bars Ghislaine Maxwell admitted Jeffrey Epstein DID have tapes of Trump and the Clintons after she was tricked by 60 Minutes producer in 2016 - 'but refused to help locate them because she wanted Hillary to win'
(DBN)

D.C. Federal Judge Orders 'Zip Tie Guy' Jailed Pending Trial: 'He Poses a Clear Danger to Our Republic' 6 Capitol Police officers suspended, 29 others being investigated for alleged roles in riot Colorado man freed as US Capitol case against him proceeds
(DBN)

Here's What We Learned from Lin Wood's 1,677-Page 'Confidential' Georgia State Bar Disciplinary Grievance
(DBN)

White House announces sweeping immigration bill
(DBN)

Migrants on the move again in Mexico and Central America
(DBN)

Biden memo for ICE officers points to fewer deportations and strict oversight Biden administration unveils guidance to curb ICE enforcement
(DBN)

Democrats consider piecemeal approach to immigration reform
(DBN)

Did You Bring Home Covid? Spouse Sues Company for Infection
(DBN)

Portland police officers ‘guarding’ dumpsters as residents seek discarded food
(DBN)

South Dakota’s AG charged with 3 misdemeanors in fatal crash South Dakota’s Republican Attorney General Charged with Misdemeanors After Killing a Man on Highway Shoulder
(DBN)

Groups ask Supreme Court to declare the all-male military draft unconstitutional
(DBN)

This Kentucky city plans to build a church with public money. Objections raised.
(DBN)

South Carolina governor signs bill banning most abortions in the state
(DBN)

District attorney is accused of dropped-charges bribery, lying about fantasy statements
(DBN)

Wisconsin Official Known as the ‘Sturgeon General’ Allegedly Ate $20,000 Worth of Illegal Caviar
(DBN)

Appeals Court Begrudgingly Allows Engineer to Keep His Job Even Though He Was Caught 'Purposefully Defecating on Company Property'
(DBN)

Maskless Men Charged with Using Fake Badges, ID Cards While Threatening Arrests of Hotel Staffers Who Doubted They Were Real U.S. Marshals
(DBN)

He's Covered in Gasoline, Police Tase Him
(DBN)

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Judges:

Federal judge’s opinion in Stella Artois too-light beer case is plastered with alcohol references
(DBN)

A Conversation with a Federal Judge About the 'Serious, Serious Problems with Our Legal System'
(DBN)

As Pandemic Lingers, Courts Lean Into Virtual Technology
(DBN)

As some jury trials resume, juror shortages create problems; one court sees a 5% yield on summonses
(DBN)

Durbin On Judicial Nominations: F*** Around And Find Out
(DBN)

Supreme Court's 'Shadow Docket' Shrouds Life-and-Death Cases in Secrecy, Scholars Warn House Judiciary Committee
(DBN)

Federal Judge Urges DOJ Investigation into ‘Grave Derelictions of Prosecutorial Responsibility’ by SDNY Prosecutors
(DBN)

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Wall Street:

Stock futures little changed after Yellen pushes for more stimulus
(DBN)

Dow falls from record amid disappointing jobs data and weak Walmart forecast
(DBN)

Robinhood CEO defends actions in GameStop saga at hearing
(DBN)

Peterffy Says Markets Came Close to Breaking Amid GameStop Mess
(DBN)

Yellen: There may be parts of market where investors ‘should be very careful’
(DBN)

Goldman May Not Be Paying Its Conflict Of Interest Reviewers Enough
(DBN)

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Banking:

Citigroup Stupid Beyond Belief Legally Speaking, Can’t Have Its Half-Billion Dollars Back
(DBN)

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Politics:

Andrew Cuomo’s nursing home problem is getting worse
(DBN)

Ted Cruz Accused of Flying to Cancun Amid Texas Power Outages As Photo Goes Viral Sen. Cruz went to Mexico on vacation amid storm Sen. Ted Cruz confirms he flew to Mexico as Texas grapples with power outages, deaths caused by severe weather Repeatedly slammed other politicians for vacationing Ted Cruz Abandons Texas for Cancun as Constituents Freeze to Death Alexandria Ocasio-Cortez says 'Texans should continue to demand' Cruz's resignation over his role in the Capitol attack amid intense backlash over Cancun trip Sen. Ted Cruz arrives back in Texas with armed police escort Ted Cruz admits it was ‘a mistake’ to jet off to luxury Cancun resort as texts show wife wanted to flee ‘FREEZING’ Texas
(DBN)

AOC Raises $1M in Relief, Heading to Texas As Cruz Douses Cancun Flames
(DBN)

Politics Is Seeping Into Our Daily Life and Ruining Everything Americans are retreating to partisan and cultural corners instead of trying to solve problems
(DBN)

Massachusetts' Charlie Baker joins governors facing COVID criticism
(DBN)

Trump’s Children Lean Against 2022 Races, Muting Talk of Dynasty
(DBN)

Trump-McCain-Clinton-Obama Donor Sentenced to 12 Years in Federal Prison
(DBN)

U.S. Enemies Cry Hypocrisy as Millions in Texas Remain Without Power
(DBN)

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Economy:

Global debt soars to 356% of GDP
(DBN)

US jobless claims rise to 861,000 as layoffs stay high Weekly Initial Unemployment Claims increased to 861,000 U.S. initial jobless claims unexpectedly rise for a second week
(DBN)

Job Gains Slow to a Trickle in Long Climb Back
(DBN)

The US government must end its war on the American economy
(DBN)

Manufacturing Activity in Philly Fed's District Eases in February
(DBN)

CEO Confidence in U.S. Economic Outlook Reaches 17-Year High
(DBN)

One of Ten in U.S. May Have to Switch Occupations Post Pandemic
(DBN)

Sen. Chuck Grassley wants a "more targeted" COVID relief package
(DBN)

Yellen Says $1.9 Trillion Aid Still Needed After Strong Data Yellen makes push for big stimulus, sees bigger risk to not doing enough Yellen Warns on Cutting Stimulus as Dems Plan Vast Infrastructure Package
(DBN)

Americans still need a lifeline despite trillions in coronavirus aid
(DBN)

What's in Congress' New Stimulus Bill
(DBN)

Who won't shut up in meetings? Men say it's women. It's not.
(DBN)

Pressley Calls for a Federal Job Guarantee for All Americans
(DBN)

Hamilton Lane’s CEO Sees ‘No Chance’ of a Recession This Year
(DBN)

Biden tax hikes would likely phase in slowly, Treasury Secretary Yellen says
(DBN)

What Walmart Raises Mean for President Biden's $15 Minimum Wage Plan Walmart boosts pay to $15. It's not what you think
(DBN)

Biden To Governors: Minimum Wage Hike Out
(DBN)

Texas prices for lodging, necessities skyrocket amid storm Biden OKs Emergency Supplies for Texas Texas Food Banks are Now in Deeper Crisis
(DBN)

US, China on Path to Economic Decoupling
(DBN)

LA Area Port Traffic: Strong Imports, Weak Exports in January
(DBN)

The coming war on the hidden algorithms that trap people in poverty
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Starts decreased to 1.580 Million Annual Rate in January Comments on January Housing Starts U.S. Housing Starts Fell in January for First Time Since August
(DBN)

Relentless home-renovation boom sends lumber prices to record Lumber Prices Have Doubled in Past 3 Months
(DBN)

Mortgage rates shoot up to highest levels since mid-November
(DBN)

Phoenix Real Estate in January: Sales Up 11.8% YoY, Active Inventory Down 58% YoY
(DBN)

WeWork cuts prices an average 10% nationwide
(DBN)

Knotel locks in speedy bankruptcy sale process Knotel Extends Ch. 11 Sale Deadline To Appease Creditors
(DBN)

American Dream Mall Bonds Gain More Than 20% as Traffic Picks Up
(DBN)

New York Tax Revenue From Property Deals Jumps Most Since March
(DBN)

To stop foreclosure, Westchester condo developer files for bankruptcy
(DBN)

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Oil/Gas:

No LNG Tankers Are Loading at U.S. Export Terminals Amid Freeze
(DBN)

Natural Gas Prices Plunge 99% in Oklahoma as Supply Recovers
(DBN)

Texas Oil Patch Is Starting to Resume Operations After Cold Snap
(DBN)

____________

Tech:

Facebook blocks Australians from accessing news on platform Facebook's botched Australia news ban hits health departments, charities and its own pages In surprise move, Facebook blocks news access in Australia Australia's news law prods Google, Facebook down opposite paths
(DBN)

Uber: Bankrupt engineer Levandowski is hiding millions from creditors
(DBN)

North Dakota’s Attempt to Legislate Around Section 230 Allows ‘Nazis to Sue You if You Report Their Content to Twitter’
(DBN)

____________

Crypto:

Quinn Emanuel To Return Fee To Bankrupt Crypto Firm Cred
(DBN)

____________

Healthcare:

Covid Creeps Up in U.S. Plains States, Where Autumn Surge Began
(DBN)

Experts warn against COVID-19 variants as states reopen
(DBN)

US life expectancy drops a year in pandemic, most since WWII White Americans Average 6 Years More of Life Than Black Americans, CDC says
(DBN)

Coronavirus cases fall in 44 states
(DBN)

Doctors race to find, vaccinate vulnerable homebound people
(DBN)

Covid May Have Mutated Past Vaccine
(DBN)

Beleaguered Texas hospitals with no water evacuate patients amid winter storm power outages
(DBN)

A U.S. vaccine surge is coming, with millions of doses promised
(DBN)

Many top NBA players hesitant to promote coronavirus vaccines
(DBN)

'I just ask God to help me': Texas funeral home crushed by death as U.S. COVID toll nears 500,000
(DBN)

Massive storms, outages force tough decisions amid pandemic
(DBN)

Fauci: Some vaccine shipments slowed "to a grinding halt" due to historic winter storm
(DBN)

____________

Food/Beverage:

9 out of 10 NYC restaurants could not afford rent in December study finds
(DBN)

Owners of 70 St. Louis-area Jack in the Box restaurants file for bankruptcy
(DBN)

Pandemic takeout orders fuel strong financial results for Jack in the Box
(DBN)

____________

Tourism:

Hawaiian tourists bribed an airport screener with $3,000 to bypass covid-19 protocols, police say
(DBN)

____________

Fitness:

Gym Chain YouFit Gets New Leader and Owners Through Bankruptcy
(DBN)

____________

Climate:

World leaders applaud US formal return to Paris climate pact
(DBN)

____________

Movie Theaters:

AMC shares spike again, this time on months-old deal speculation
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Declined 29.0% Year-over-year
(DBN)

Marriott’s New CEO Will Inherit Company Battered By Pandemic
(DBN)

____________

Agribusiness:

Report: Easterday Ranches and Tyson Foods reach deal to save existing cattle at bankrupt farm
(DBN)

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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
(DBN)

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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:

I interviewed 48 bankrupt Americans - here's who they blame for their financial troubles
(DBN)

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Mootness:

Third Circuit Denies Appeal of Confirmation Order as Equitably Moot
(DBN)

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Miscellaneous:

2021 Outlook on Bankruptcy
(DBN)

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Bankruptcy Strategy:

Generating a Positive Cash Flow in Reorganization: The Central Task of a Family Business
(DBN)

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Utilities:

Texas outages below half-million but water crisis persists Winter weather moves east; power restored to millions in Texas 13 Million Texans Under Boil Water Order Texas Struggles Amid Crippling Blackouts
(DBN)

Texas Governor Blasts Grid Manager, Demands Power Plant Upgrades Texas crisis has governor facing big backer: energy industry Texas Gov. Greg Abbott says lawmakers must require weatherization of power plants - and pay for it Abbott Calls for Changes to ERCOT
(DBN)

The Real Story Behind Texas Outages
(DBN)

Who’s To Blame For The Texas Power Crisis?
(DBN)

Texas GOP Officials Keep Peddling Debunked Claim Green Energy Caused Crisis
(DBN)

Texas was "seconds and minutes" away from catastrophic monthslong blackouts, officials say
(DBN)

Texas, the go-it-alone state, is rattled by the failure to keep the lights on
(DBN)

Texas man reportedly freezes to death in his recliner
(DBN)

These are the stories of the Texas storm
(DBN)

Animals at Texas primate sanctuary freeze to death amid catastrophic power outages
(DBN)

U.S. Regulator Calls for Mandates to Avoid Another Texas Crisis
(DBN)

Failures in All Types of Power Drove Texas Outages, Says Southern CEO
(DBN)

Texas is frozen and in crisis. A furniture store owner has emerged as a hero - again.
(DBN)

In Texas, a former big league pitcher needs an oxygen machine to live. That requires power.
(DBN)

Biden Official Says Texas Crisis Shows Need for Infrastructure
(DBN)

Texas: One Electric Bill is Over $8,000 Texas Power Consumers to Pay the Price of Winter Storm
(DBN)

FirstEnergy Climbs as Icahn Plans to Take Stake in Utility
(DBN)

____________

Aviation:

The Historic Collapse of U.S. Airline Stocks In One Visual
(DBN)

Cathay Crew Face 49-Day Work Cycle on New Quarantine Rules
(DBN)

Thai Airways announces staff cuts in desperate bid to avoid bankruptcy
(DBN)

Plane Food for Thought…
(DBN)

____________

Education:

Muddled promises on schools pose political problem for Biden
(DBN)

California legislators issue their conditions for reopening schools — without governor’s backing
(DBN)

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Student Debt:

Navient Calls For Dismissal Of 'Unsupported' Ch. 11 Filing
(DBN)

____________

Sports:

NBA announces plans for Atlanta All-Star Game despite health concerns, pushback from stars
(DBN)

Toronto Blue Jays to start regular season in Florida as border remains closed by pandemic
(DBN)

Ivy League Schools Cancel Spring Sports Season Amid Pandemic
(DBN)

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Retailing:

Why January's blowout retail sales report matters
(DBN)

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Mass Torts:

Insurers question claims process in Boy Scouts bankruptcy
(DBN)

____________

UK:

Americans may be banned from entering UK and Brits returning home will have to pay to spend 10 days quarantined in a hotel if UK adds US to its 'red list' of countries
(DBN)

U.K. Risks Jobless Recovery From Covid Crisis, BOE Official Says
(DBN)

____________

EU:

Turbulent times ahead for struggling European businesses or more extensions? The upcoming spring ‘cliff edge’ or a softer landing?
(DBN)

____________

PIIGS:

‘Alone’: How Italian town with 1st known virus death fared
(DBN)

____________

Canada:

Restaurants in Canada suffer worst year in at least two decades
(DBN)

____________

MENA:

Israel: Thousands reportedly attempt to obtain easily forged vaccinated certificate
(DBN)

____________

Belgium:

444 companies declared bankruptcy in Belgium in January
(DBN)

____________

France:

France considers only one vaccine dose for people who had covid
(DBN)

____________

Zimbabwe:

Zimbabwe’s Central Bank Raises Key Interest Rate to 40%
(DBN)

____________

India:

India’s $3.5 Billion Zombie-Home Experiment Starts to Pay Off
(DBN)

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