Daily Bankruptcy News
January 15, 2021


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Due to the MLK holiday, The Daily Bankruptcy News will not publish on Monday, January 18, 2021



Law:

Law Prof Who Spoke at White House Rally Abruptly Retires Amid Calls for His Firing Law School Splits With Trump Insurrection Rally Professor Law professor John Eastman spoke at rally before Capitol riots. Facing outrage, he won't return to his university.
(DBN)

Texas A&M Professor Fired After Saying He Would 'Hang Trump By Biden's Entrails' and 'Play Soccer' With 'Jeff Sessions' Head'
(DBN)

Just How How Much Did 2020 Suck For Law Firms?
(DBN)

Big Law’s Windfall Profits May Lead to Prolonged Rate Pressure
(DBN)

Associate Compensation Scorecard: Biglaw’s 2020 Bonus Bonanza
(DBN)

Still Influenced by COVID, Law Firm IT Budgets Survive Cuts—for Now
(DBN)

The Big-Ticket Cases Possibly Subject to the Girardi Keese Bankruptcy Estate
(DBN)

Girardi Is ‘Incompetent,’ His Brother Tells Bankruptcy Court Girardi, firm forced into Chapter 7 liquidation as judge weighs appointing guardian
(DBN)

First Trump, Then His Businesses: Some Firms Flee, While Others Lay Low
(DBN)

How To Compete In A Crowded Market
(DBN)

California Bar Panel Weighs Legal Service Delivery Experiments
(DBN)

The Grace To Handle Law School While Raising 3 Kids
(DBN)

Winter OCI Is Coming — Let’s Keep It That Way
(DBN)

Trump's speech is probably defensible in every court — except perhaps the Senate Columbia's Free Speech Institute Backs Blocking Trump on Social Media Could Trump face charges for speech before Capitol riot? Experts differ on Brandenburg impact
(DBN)

Trump could be sued for damages under the federal Ku Klux Klan Act
(DBN)

The Massive Gap Between Impeachment And Removal
(DBN)

Trump struggles to build legal team as impeachment trial nears With Real Lawyers Steering Clear, Trump May Have to Settle For Rep. Jim Jordan as Impeachment ‘Attorney’
(DBN)

John Bolton Can Move Forward With Discovery in Book Lawsuit
(DBN)

Trump Stiffs Rudy For All His Amazing Legal Services Giuliani Calls ‘Game of Thrones’ a ‘Documentary’ About ‘Fictitious Medieval England’ In Attempt to Duck Blame for Capitol Violence Rudy Giuliani and Sidney Powell have disappeared from Fox airwaves
(DBN)

Cohen: Trump faces political, legal and financial purgatory – and deserves it
(DBN)

Law School Alums Looking To Distance Themselves As Much As Humanly Possible From Matt Gaetz
(DBN)

Gov’t watchdog: DOJ failed ‘zero tolerance’ management Sessions, top DOJ officials knew 'zero tolerance' would separate families, watchdog finds
(DBN)

Pro-Trump rioters plan second act — but not in Washington D.C. Legislatures boost security after insurrection, FBI warnings
(DBN)

Lawmakers warned police of possible attack ahead of siege
(DBN)

Proud Boys member arrested after allegedly threatening to kill Warnock
(DBN)

The Capitol riot, anti-Semitism and what Joe Biden can do
(DBN)

A Former Marine Stormed the Capitol as Part of a Far-Right Militia U.S. Military, Watchdog Reviewing Extremism in Ranks After Riot Dozens of people on FBI terrorist watch list came to D.C. the day of Capitol riot FBI arrests former school therapist who reached VP's chair in Capitol riot Man accused of throwing fire extinguisher at police during Capitol riot arrested in Pennsylvania Retired Firefighter Charged with Beating Three Capitol Police with Extinguisher During Capitol Insurrection No Bail for QAnon Believer Who Texted 'War Time' and Threatened to Kill House Speaker Nancy Pelosi Man Charged with Using American Flag to Beat Capitol Police Officer During Capitol Insurrection Man Seen Walking Through Capitol Building with Confederate Flag Has Been Arrested: DOJ Woman Who Proudly Admitted to Storming Nancy Pelosi's Office Is Charged in D.C. Insurrection Trump Supporter Called Out Sick from Work to Go to the Nation's Capital. Now He’s Facing a Federal Charge Two-Time Olympic Gold Medalist Charged with Obstructing Police During Capitol Riots Arrested Capitol rioters had guns and bombs, everyday careers and Olympic medals Planned Parenthood Bomber a Capitol Rioter Cop: "Entitled Rioters" Thought We'd Help Judge frees North Texan who faces charges in the Capitol riot, despite warnings from the FBI
(DBN)

U.S. says Capitol rioters meant to 'capture and assassinate' officials - filing
(DBN)

Man Who Shot Video of Ashli Babbitt’s Death Gets Arrested After Telling Officers to Abandon Their Posts
(DBN)

National Guard at Capitol Authorized to Use Lethal Force in Aftermath of Mob
(DBN)

Far-right extremists recruiting in military: Pentagon
(DBN)

Capitol investigators try to sort real tips from noise
(DBN)

Large bitcoin payments to right-wing activists a month before Capitol riot linked to foreign account
(DBN)

FBI Washington field office got an F for fighting domestic terrorism from bureau officials
(DBN)

Police Three Times More Likely to Use Force Against Left-wing Protesters
(DBN)

Long-withheld Pentagon survey shows widespread racial discrimination, harassment
(DBN)

Trump is a 'flight risk' if criminal charges are brought over the deadly Capitol riot, legal experts say
(DBN)

Years of white supremacy threats culminated in Capitol riots
(DBN)

Legal Expert: QAnon Republican Rep. Boebert Should Not Be Allowed Into the U.S. Capitol With a Gun
(DBN)

Democrats Introduce Resolution to Permanently Ban Trump from Stepping Foot on U.S. Capitol Grounds
(DBN)

New York AG sues NYC police for excessive force against protesters
(DBN)

Is it defamatory to falsely claim someone is gay? N.Y. court weighs in
(DBN)

Weinstein Lawyer Loses Attempt to Dismiss Gagging Order Case
(DBN)

Kyle Rittenhouse’s Bar Visit with His Mom Leads Prosecutors to Seek to Clamp Down On His Freedoms
(DBN)

Hundreds of Central Americans gather for caravan aiming to reach United States
(DBN)

Nuclear lawyer's horny tweets spark national security probe
(DBN)

Secret Santa delivers 'stress willy' to female partner
(DBN)

______________

Judges:

United States Bankruptcy Judgeship, Eastern District of Tennessee, Notice of Vacancy (Extended Deadline to January 29, 2021)
(DBN)

Business as usual for high court, despite riot, impeachment
(DBN)

Courts discuss security after warning of potential protest threats
(DBN)

Lawyer shocked with stun gun at courthouse cites racial bias, says he will appeal conviction
(DBN)

Important Life Advice For Lawyers From Ruth Bader Ginsburg
(DBN)

On guns, abortion and voting rights, Trump leaves lasting mark on U.S. judiciary Interactive: Trump's transformation of the federal judiciary
(DBN)

______________

Wall Street:

Stock futures slide as earnings season kicks off, Biden unveils $1.9 trillion stimulus plan Futures inch lower ahead of results from Wall Street lenders
(DBN)

Shares falter as U.S. stimulus buzz fades
(DBN)

______________

Layoffs:

Norwegian Air will axe 1,100 Gatwick-based pilots and cabin crew
(DBN)

______________

Retailing:

Nordstrom focused too much on cocktail dresses and ball gowns, driving holiday sales down 22%, analyst says
(DBN)

Christopher & Banks files for bankruptcy; in talks with buyers Christopher & Banks files for bankruptcy, could close all stores
(DBN)

By the numbers: Holiday retail sales in 2020
(DBN)

As shoppers buy more of their clothes online, fewer retailers stand to win
(DBN)

____________

 

Education:

Calls to reopen classrooms grow as teachers get vaccinated
(DBN)

____________

Autos:

Garrett Motion bankruptcy judge denies equity group's fee request
(DBN)

Trump's China tech war backfires on automakers as chips run short
(DBN)

Ghosn hid scale of Nissan salary, fearing dismissal from Renault, Tokyo court told
(DBN)

Daimler to cut production over chip shortage: Handelsblatt
(DBN)

____________

Tourism:

New COVID-19 test rules create logistical hurdles for the Caribbean
(DBN)


____________

Climate:

Hot again: 2020 sets yet another global temperature record U.S. government scientists say 2020 was second-hottest year on record
(DBN)

Earth On Course For 'Catastrophic' Warming, UN Says
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Declined 28.3% Year-over-year
(DBN)

Hotels, Battered by Virus, Want to Be Vaccine Distribution Sites
(DBN)

Hotel Company Mired in Pandemic Loan Controversy Shows It Didn’t Need Federal Money Anyway
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims increased to 965,000 Weekly initial jobless claims soar to 965,000 Unemployment filings explode again as pandemic slams job market
(DBN)

22 Million Jobs Lost in Pandemic Likely Won't Come Back Till 2023
(DBN)

Faith in coming 'boom' persists despite dire Q1
(DBN)

U.S. Consumer Comfort Drops to Six-Month Low on Finances Concern
(DBN)

Powell: US economy may hit pre-coronavirus strength 'much sooner' than expected
(DBN)

Fed chair: No interest rate hike coming any time soon
(DBN)

Biden pandemic plan: control virus and stabilize the economy Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy What Joe Biden's Stimulus Plan Is Likely to Include Here's what's in Biden's $1.9 trillion economic rescue package Biden's $1.9 trillion rescue package offers bridge for hard-hit economy Biden Stimulus: $1,400 Checks And $20 Billion For Vaccines Biden's COVID package also progressive wish list Joe Biden’s $1.9 trillion Covid-19 stimulus plan, explained Pelosi and Schumer pledge quick action on Biden stimulus package Wall Street cheers on Biden stimulus plan but worries about the cost Fact-checking Biden's speech on his coronavirus economic relief plan
(DBN)

Biden's radical economic agenda
(DBN)

Federal Spending Sets Record Through December Under Donald Trump's Watch, the National Debt Increased by $7.8 Trillion
(DBN)

All eyes on Powell as interest rates creep higher
(DBN)

IMF urges continued strong fiscal, monetary support given uncertainty
(DBN)

Bond Market’s Scariest Gauge Is Worse Than Ever
(DBN)

Fed's Powell: "Not the time" to discuss any change to bond purchases
(DBN)

U.S. business formation tumbles 28.5% in fourth quarter
(DBN)

Busiest U.S. Port Had Fourth-Best Year in 2020 Despite Covid-19
(DBN)

Debt collectors, payday lenders collected over $500 million in federal pandemic relief
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Leading Index for Commercial Real Estate Increased in December
(DBN)

Rent-stabilized tenants owe landlords more than $1B
(DBN)

U.S. Mortgage Rates Surge, Hitting Highest Level in Two Months
(DBN)

New York Girl Scouts Look to Exit Lease at Trump’s 40 Wall St.
(DBN)

Staten Island Couple Says Tenants Who Haven’t Paid Rent Since May 2019 Can’t Be Kicked Out Due To Eviction Moratorium
(DBN)

____________

Municipalities:

2 ex-health officials charged with manslaughter in Flint 8 former Michigan officials criminally charged along with ex-governor in Flint water crisis Michigan Ex-Governor, Other Officials Face Jail Over Flint Water Former Michigan governor is charged in Flint water crisis; is conviction a longshot? Former Mike Pence Director of Communications Charged with Felony Perjury in Flint Water Crisis
(DBN)

Puerto Rico’s Deposed Governor Describes His Family’s Panicked Flight From the Island
(DBN)

____________

Oil/Gas:

Oil majors deepen push into offshore wind
(DBN)

Oil optimism could be derailed by coronavirus risks, Dan Yergin says
(DBN)

U.S. shale producers lock in future sales as oil prices rise to one-year high
(DBN)

___________

Politics:

Trump Rants in Near-Empty White House: I’ll ‘Never’ Say Biden Won Inside Trump’s final days: Aides struggle to contain an angry, isolated president Trump won’t say the one thing that could really calm down his followers Trump isolated, angry at aides for not defending him
(DBN)

Moving day approaching at the Trump White House
(DBN)

For charismatic Christians, the Capitol riot and Trump's impeachment can't stop prophesies that say he will win
(DBN)

Republicans and Democrats agree — the country is falling apart
(DBN)

Republicans face rage from both sides
(DBN)

The post-Trump GOP, gutted
(DBN)

National Mall could be closed on Inauguration Day House Democrats request cots for National Guard troops stationed in Capitol
Expecting trouble, DC locks down a week before inauguration
(DBN)

Congress Casts Wary Eye Inward for Answers on Capitol Riot
(DBN)

Trust between lawmakers reaches all-time low after Capitol riots
(DBN)

Trump impeachment trial could begin on Inauguration Day Unclear who presides at Trump trial if he’s out of office Barring Trump from holding office again U.S. in uncharted waters in unprecedented second impeachment of Trump Handful of GOP senators signal support for convicting Trump. Persuading enough will be a high bar Trump’s Impeachment Trial in Limbo as Pelosi, McConnell Remain Silent How Trump Wins Impeachment, Again Why Trump Can Be Convicted Even as an Ex-President With partial blame for the Capitol attack, majority favors barring Trump from office Eyes on Pelosi as Trump impeachment trial timing up in the air Democrats call on Schumer for speedy Trump impeachment trial What comes next for Trump’s impeachment in the Senate GOP Who Voted to Impeach Get Death Threats
(DBN)

McCarthy won't back effort to oust Cheney
(DBN)

Murkowski blasts Trump's election claims, calls House impeachment appropriate
(DBN)

Trump races to rehabilitate his brand in final days in office
(DBN)

Large corporations cut off political donations after Capitol siege
(DBN)

Widow of GOP congressman-elect who died of COVID-19 will run to fill his seat
(DBN)

Secret Service renting $3K a month apartment because Ivanka and Jared won't let them use their bathrooms: report
(DBN)

Georgia state senators who backed attempts to overturn presidential election stripped of committee assignments
(DBN)

Georgia Officials Expect to Certify Senate Wins by Inauguration
(DBN)

Disney, Other Trusted Brands Funded Misinformation that Fueled Capitol Riot
(DBN)

Dan Crenshaw Once Called Proxy Voting 'Cowardly' But Did So for Impeachment
(DBN)

Trump Ignites a War Within the Church
(DBN)

Deutsche Bank Bids ‘Auf Wiedersehen’ To The Least Illustrious German-American In History
(DBN)

A major business ally called for Trump's removal. It's also a problem for the GOP.
(DBN)

____________

Healthcare:

Provision Proton Therapy files for Chapter 11 bankruptcy
(DBN)

Women's health care jobs aren't coming back as fast as men's
(DBN)

Still going to the grocery store? With new virus variants spreading, it’s probably time to stop.
(DBN)

Texas Trauma Surgeon Says ‘Post-COVID Lungs Look Worse Than Any Type Of Terrible Smokers Lung We’ve Ever Seen’
(DBN)

U.S. case tally climbs to 23 million — or a quarter of the global tally — amid surge in new infections
(DBN)

CDC forecast: Over 90,000 Americans could die of COVID-19 in next 3 weeks
(DBN)

Coronavirus deaths climbing while country deals with political unrest
(DBN)

Los Angeles becomes largest Covid hot spot in U.S.
(DBN)

SoCal on the brink
(DBN)

1 in 3 people in L.A. County has had Covid-19 since the start of the pandemic
(DBN)

A perfect storm: How L.A. became the place where Covid kills 1 person every 6 minutes
(DBN)

N.Y. Leads Region’s Covid Hospitalizations as Neighbors See Drop
(DBN)

Wisconsin pharmacist accused of spoiling Covid-19 vaccine has license suspended
(DBN)

Ex-CDC chief: Mandating Covid vaccine passports may add to fears of getting a shot
(DBN)


Latino, Black children twice as likely to endure multiple Covid-related hardships
(DBN)

Companies push incentives to get workers vaccinated
(DBN)

EXPLAINER: What is WHO team in Wuhan looking for
(DBN)

Fourth U.S. lawmaker tests positive for COVID-19 after U.S. Capitol attack
(DBN)

New York Congressman Who Got Vaccine Diagnosed With Covid
(DBN)

COVID-19 mutations spark global concerns
(DBN)

U.S. potentially facing ‘perpetual infection’ of Covid, warns Dr. Gottlieb
(DBN)

____________

Utilities:

Ohio AG files to block FirstEnergy $102 million payout
(DBN)

____________

Transit:

Cuomo Proposes $306 Billion New York Transit Overhaul
(DBN)

____________

Religion:

Leaked transcript shows NY church’s attempt to block Child Victims Act
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Buffalo: Bankruptcy filings drop 39% amid pandemic
(DBN)

Toledo: Bankruptcy filings down for 2020
(DBN)

______________

Automatic Stay:

Supreme Court Decides Chicago v. Fulton Justices Say Ch. 13 Stay Doesn't Force Return Of Seized Property Chicago wins in SCOTUS bankruptcy case over impounded vehicles Supreme Court Holds That Retaining Impounded Vehicles Does Not Violate Automatic Stay Chicago doesn’t have to return impounded cars to bankrupt owners, U.S. Supreme Court rules City of Chicago can keep impounded cars even when owners file for bankruptcy, Supreme Court rules Bankruptcy Stay Allows Holding Impounded Cars, Justices Say Impound Isn’t in the Wrong, High Court Says, When Debtors Go Bankrupt United States Supreme Court Resolves Circuit Split in Creditors’ Favor Supreme Court Rules That Passive Retention Does Not Violate Stay
(DBN)

Judge Wilkie D Ferguson, Jr.
(DBN)

____________

Bankruptcy Rules:

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

____________

Avoidance Actions:

New Bankruptcy Preference Defense for Commercial Landlords and Vendors
(DBN)

____________

Insurance:

UK Supreme Court hands businesses victory in COVID-19 insurance ruling
(DBN)

____________

Subchapter V:

Bankruptcy Court Decision Could Change Threshold for Removal of DIP in Subchapter V Chapter 11 Bankruptcies
(DBN)

____________

Aviation:

Delta won't allow DC-bound passengers to check guns ahead of Biden's inauguration
(DBN)

Delta calls 2021 year of recovery after first loss in 11 years Delta: cleared for take-off Delta remains cautious after massive $12.4bn loss in 2020
(DBN)

American tells pilots to take vaccine on own time but plans airport-based rollout
(DBN)

Eastar Jet Files for Court Receivership
(DBN)

____________

Sports:

Why the struggling restaurant industry may have played a role in the Rockets trading James Harden
(DBN)

____________

Tech:

Trump’s Twitter, Facebook Bans Go a Step Too Far
(DBN)

Trump backers seek online refuges after big tech backlash
(DBN)

Amazon and Parler Were Chummy Up Until the Capitol Riots, Parler's Lawyer Says
(DBN)

Parler Judge Balks at Moving Fast to Restore Site on Amazon
(DBN)

Trump's Family, Aides Tweeting on Behalf of President Could Be Banned Too
(DBN)

Twitter says White House Twitter accounts will be transferred to Biden admin
(DBN)

____________

History:

Why should the Senate convict Trump this time? Just ask Benjamin Franklin
(DBN)

____________

Golf:

Losing PGA Championship a Blow to Trump's Bid to Stop Golf Course Losses
(DBN)

____________

Travel:

Airbnb CEO says travel never going back to the way it was before pandemic
(DBN)

____________

Telecoms:

Federal Communications Commission Approves Frontier’s Chapter 11 Restructuring
(DBN)

____________

Sovereigns:

The Argentine 2020 Restructuring Drama: An Insider's Perspective
(DBN)

____________

UK:

U.K. bans travel from all of South America and Portugal over Covid variant
(DBN)

UK economy shrinks but might avoid double-dip recession
(DBN)

No jab, no job? UK plumbing firm exploring vaccine rules for staff
(DBN)

UK Fisherman Wanted Brexit, Then Got It Good and Hard
(DBN)

____________

EU:

‘At 6 p.m., life stops’: Europe uses curfews to fight virus
(DBN)

Europe Braces for Curfews and Lockdowns as Vaccines Awaited
(DBN)

Second Wave of Coronavirus Wears on in Europe
(DBN)

____________

PIIGS:

Italy police seize health ministry documents in probe into virus response
(DBN)

Italy’s Embattled Conte Doubles Down on Bid for More Crisis Debt
(DBN)

Spain: New insolvency and restructuring measures due to COVID-19 pandemic
(DBN)

____________

Canada:

Younger Canadians moving away from big cities at record levels
(DBN)

____________

MENA:

At virus tipping point, Lebanon imposes all-day curfew
(DBN)

Israel is launching Covid immunity passports. Here’s what they allow you to do
(DBN)

Why Israel is leading the world in vaccinating its population
(DBN)

____________

Germany:

The new German restructuring regime
(DBN)

German lockdown loopholes criticized as deaths hit new high
(DBN)

Record daily German COVID deaths spark Merkel 'mega-lockdown' plan - Bild Merkel Mulls Tougher German Lockdown Amid Coronavirus Mutation
(DBN)

Germany Targets Pandemic Recovery Without Massive Stimulus Push
(DBN)

____________

France:

France tightens coronavirus border controls, imposes earlier curfew
(DBN)

____________

Turkey:

Istanbul is set to run out of water in 45 days
(DBN)

____________

China:

A Year After Covid Began, China’s Economy Is Beating the World
(DBN)

Covid outbreak near Beijing still not close to a turning point, hospital director says
(DBN)

____________

India:

India’s banks face their biggest test
(DBN)

____________

Hong Kong:

Hong Kong To Introduce Corporate Rescue Bill In Early 2021.
(DBN)

Recent Developments In Cross-Border Insolvency Law.
(DBN)

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