Economy:
19.5 million Americans remain on unemployment at end of 2020
(DBN)
U.S. jobless claims dip but show recovery has long way to go
(DBN)
The legacy of 2020: Riches for the wealthy and White, financial pain for others
(DBN)
Hedge funds bet on recovery in 2021
(DBN)
Judy Shelton for Fed Is Among Trump Nominations Sent to Senate
(DBN)
Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out
(DBN)
Pandemic reshapes US employment, speeding changes across industries
(DBN)
Pandemic's revolution in transportation and commerce rivals 19th-century railroad construction
(DBN)
COVID-19 shook, rattled and rolled the global economy in 2020
(DBN)
U.S. slaps tariffs on French and German wines, aircraft parts amid EU dispute
(DBN)
Why the wealthiest Americans should prepare for ‘a revolt against the unprecedented inequality’
(DBN)
McConnell rules out quick vote on House bill for $2,000 COVID-19 relief checks • McConnell: "No realistic path to quickly pass" stimulus check increase • Lindsey Graham Criticizes McConnell Over $2,000 Stimulus Checks, Says It's 'Not Socialism' • Frustrations flare as $2,000 checks blocked for fourth straight day
(DBN)
When workers can expect to receive the new $300 unemployment boost
(DBN)
America hopes 2021 will be less terrible
(DBN)
Watch out LA: Feds calculate riskiest, safest places in US
(DBN)
Fauci predicts normal life won’t return in U.S. before fall 2021
(DBN)
A program sent fresh food to struggling families. Despite demand, it may end.
(DBN)
World's richest men added billions to their fortunes last year as others struggled • World's richest people added $1.8T to their combined wealth in 2020
(DBN)
Cybersecurity firm FireEye says massive Russia hack was waged inside U.S.
(DBN)
Over 1 in 4 child-care providers nationwide still remain closed
(DBN)
Biden Plans To Fix Social Security’s Short-Fall In 2034
(DBN)
Some industries thrived in 2020, others weren’t so fortunate. Here’s a look
(DBN)
Trump Extends Freeze on Worker Visas
(DBN)
2021 Corporate Deathwatch
(DBN)
FactCheck: Presidents and Deficits
(DBN)
TX Harris County: Cancel All Gatherings
(DBN)
20 States Raise Minimum Wage
(DBN)
Yellen Made Millions for Wall Street Speeches
(DBN)
Americans Have Cut Their Debt by 30% Since 2018
(DBN)
US Debt Clock
(DBN)
World Debt Clock
(DBN)
How People Really Live
(DBN)
______________
Real Estate:
What to Do When Commercial Leases End Up in Bankruptcy
(DBN)
Manhattan Gentrifier Stumbles With Rental Apartment Bankruptcies
(DBN)
Landlord of UWS Buildings Files For Bankruptcy
(DBN)
Condo association accused of detaining couple in their home over COVID-19
(DBN)
____________
Municipalities:
New Puerto Rico Gov. Pedro Pierluisi declares "fiscal emergency"
(DBN)
New governor sworn in as a wary Puerto Rico demands changes • Struggling Puerto Rico Swears-In Pierluisi as New Governor
(DBN)
Rural Downtowns Were on the Mend. Then Came Covid.
(DBN)
____________
Oil/Gas:
How Midstream Providers Must Respond to Latest Exploration and Production Bankruptcies
(DBN)
Exxon signals up to $20 billion writedown to overwhelm 4th-qtr gains in oil, chemicals
(DBN)
Oil Rig Tally for US Ends Year at Lowest Level Since 2005
(DBN)
Oil drilling in U.S. ends fraught 2020 at pre-shale levels
(DBN)
Default warning as US energy sector’s financial woes persist
(DBN)
Seadrill Buys Time with New Forbearance Agreement with Most Creditors
(DBN)
OPEC sees oil outlook for first half of 2021 full of downside risks
(DBN)
Oil edges higher, but posts 20% annual drop in tumultuous 2020
(DBN)
Big Oil is Becoming Scared of Electric Cars
(DBN)
Massachusetts to Ban Gasoline Cars in 2035
(DBN)
‘A Slap in the Face’: The Pandemic Disrupts Young Oil Careers
(DBN)
____________
Politics:
Sasse: "Ambitious" Republicans objecting to Electoral College "are playing with fire"
(DBN)
Multiple senators oppose certifying election results • 11 Senate Republicans say they will oppose Electoral College results Wednesday • Ted Cruz to Lead Revolt Against Democracy in Senate • Cruz says people accusing him of sedition need to 'calm down' • Graham: Electoral College challenge 'a political dodge' • GOP senators threaten to object to Electoral College results if commission is not formed • NBC's Chuck Todd to GOP senator on Electoral College challenge: 'You're the arsonist here' • Tapper spars with DeWine over GOP effort to overturn election results • GOP senators face criticism in wake of challenges to Electoral College vote • GOP Wants Election Commission Like 1876
(DBN)
‘We Have Sworn An Oath’: Plan To Challenge Electoral College Certification Draws Growing Republican Opposition
(DBN)
McConnell Slaps Back Trump - Repeatedly
(DBN)
Trump’s fight to overthrow election now falls to the guy who invented the CueCat
(DBN)
The GOP Electoral College objectors who skipped interview requests
(DBN)
Pence welcomes GOP effort to delay certification of Biden victory as other Republicans oppose it • Pence "welcomes" senators' plans to challenge Biden's election win • Trump’s Last Stand on Election Gives Pence a Final Loyalty Test
(DBN)
GOP Congressman-elect Burgess Owens says 'there's no question' that Trump was reelected to a second term
(DBN)
Gohmert Says Courts are Risking ‘Riots and Violence in the Streets’ by Failing to Hear Pro-Trump Election Cases
(DBN)
Trump Posts Bizarre Year-End Victory Lap Speech, Takes Lion’s Share of Credit for Vaccine: ‘Everybody’s Calling to Thank Me’
(DBN)
Trump, the GOP arsonist
(DBN)
WSJ Knocks Trump's Election Challenges
(DBN)
GOP Rep. Forces Republicans To Affirm Legitimacy Of Elections In Six States In Which They Plan To Challenge Biden’s Win
(DBN)
Proud Boys to attend Jan. 6 DC rallies 'incognito' • D.C. becomes hotbed for violent protests
(DBN)
Former Defense Secretaries Disavow Military Involvement In Settling Election Disputes
(DBN)
Trump to attend D.C. protests against Congress certifying Biden victory
(DBN)
GOP has become the party of the primal scream
(DBN)
Trump heads back to Washington early amid showdown with Congress
(DBN)
Senate overrides Trump's veto of defense bill
(DBN)
Playbook: Trump’s final days by the numbers
(DBN)
Trump’s Lost Cause
(DBN)
Mitch McConnell's Kentucky home is vandalized with 'Weres My Money' spray painted on front door • Nancy Pelosi Home Vandalized with Pig's Head, Fake Blood • American fury invades 2021
(DBN)
Biden's plan for Inauguration Eve: Lights, church bells for COVID lives lost
(DBN)
Early voting ends with record 3M Georgia voters for US Senate runoffs
(DBN)
Trump rally divides north Georgia community hit hard by COVID-19
(DBN)
NATO is furious at Trump delaying the military handover to Biden while 'there's a significant security situation underway with Iran that could explode at any time'
(DBN)
Biden team says White House budget office not cooperating with transition • Trump budget chief refuses to direct staff to help with Biden spending plans
(DBN)
Newly elected Louisiana GOP Rep. Luke Letlow, 41, dies from coronavirus
(DBN)
In Georgia, Biden’s presidency meets early defining moment
(DBN)
Pelosi narrowly reelected speaker
(DBN)
Biden to Replace Inaugural Parade With Short Walk to White House • Joe Biden to get 'presidential escort' to White House, virtual parade instead of traditional inaugural festivities
(DBN)
Trump asks Georgia election officials to 'find' votes during call with Sec. of State • ‘The truth’s on tape.’ Reactions to leaked Trump call seeking to overturn Georgia vote • Trump's Phone Call: Six Key Points • Bernstein: In Any Other Era the President Would be Impeached
(DBN)
Trump: Georgia Runoff is Illegal, Invalid
(DBN)
Ted Cruz Pockets GA. Runoff Funds
(DBN)
Trump hotel looks to cash in on Biden inauguration
(DBN)
____________
Newspapers:
Both Salt Lake Papers End Daily Print Editions
(DBN)
Hedge fund seeks full control of Tribune Publishing, a major news chain
(DBN)
____________
Fraud:
December 2020 Ponzi Scheme Roundup
(DBN)
SEC charges New York jeweler in $200 million Ponzi scheme targeting first responders
(DBN)
____________
Agribusiness:
Federal checks salvage otherwise dreadful 2020 for US farms
(DBN)
Iowa farm bankruptcies continue to rise, despite aid
(DBN)
____________
Pharma:
Drugmakers to hike prices for 2021 as pandemic, political pressure put revenues at risk
(DBN)
____________
Utilities:
PG&E bills to rise amid electricity upgrades to combat wildfires
(DBN)
PG&E Judge Proposes Stricter Probation After Wildfires
(DBN)
____________
Fitness:
24 Hour Fitness Successfully Completes Chapter 11 Process; Emerges with Strengthened Capital Structure
(DBN)
___________
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 (25 new filings today)
(DBN)
Recent Ch. 11 Adversary Proceeding Filings (23 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 Reform:
How Does the Consolidated Appropriation Act Intersect with Bankruptcy?
(DBN)
New Stimulus Deal: Amendments to the Bankruptcy Code
(DBN)
____________
Small Business:
“Small Business Debtor” And “Subchapter V” Co-Exist As Separate Systems In Chapter 11
(DBN)
____________
Exemptions:
New law expands California’s homestead equity protection to $600,000
(DBN)
____________
Finance:
Eleventh Circuit Finds SBA Can Deny Payment Protection Program Loans to Debtors in Bankruptcy
(DBN)
The Reauthorization and Revival of the Paycheck Protection Program and Economic Injury Disaster Loan Program under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act
(DBN)
COVID-19: Economic Aid to Hard-Hit Small Businesses, Nonprofit, and Venues Act
(DBN)
It’s Back: Paycheck Protection Program 2.0
(DBN)
____________
Avoidance:
Bankruptcy Preference Alert: Bankruptcy Code Temporarily Tilts in Favor of Supplier and Landlord Preference Defendants
(DBN)
Amendments to the Bankruptcy Preference Statute in the Consolidated Appropriations Act, 2021
(DBN)
____________
Tax:
Fifth Circuit Addresses Definition Of ‘The Return’ To Start Limitations Period
(DBN)
____________
Aviation:
U.S. airlines’ 2020 losses expected to top $35 billion as pandemic threatens another difficult year
(DBN)
Coughing, sneezing, vomiting: Visibly ill people aren't being kept off planes
(DBN)
Delta Air Lines CEO expects positive cash flow by spring
(DBN)
Aeromexico continues negotiations with Unions • Mexican pilots reject alternative cost plan in Aeromexico overhaul
(DBN)
Canada will require negative COVID-19 test for air passengers
(DBN)
EU wants swift resolution of aircraft dispute with Biden
(DBN)
How airplanes are transforming to deliver the Covid-19 vaccine
(DBN)
____________
Nursing Homes:
60% of nursing home workers not electing to get vaccine
(DBN)
Profit and pain: How California's largest nursing home chain amassed millions as scrutiny mounted
(DBN)
____________
Autos:
Car buying has changed forever
(DBN)
____________
Retailing:
Mall giant Simon says yes to running a swanky Charleston retail hub
(DBN)
2020 Was a Watershed Year for Retail Bankruptcies
(DBN)
Key Execs Transition from Old to New Penney’s
(DBN)
JC Penney is Toast in 2021
(DBN)
JC Penney CEO Jill Soltau Set to Leave Retailer • J.C. Penney CEO Jill Soltau exits abruptly, as new owners say they’ll seek someone focused on ‘modern retail’ • JC Penney begins new CEO search focused on 'modern retail'
(DBN)
____________
Food/Beverage:
CEC Entertainment Successfully Completes Financial Restructuring
(DBN)
Restaurants Are Like ‘a Boat With 15 Holes in It’
(DBN)
Washington state extends ban on indoor dining
(DBN)
New York Restaurant’s Liquor License Revoked After Hosting Republican Club’s ‘COVID Conga Line’ Party
(DBN)
Relief on way to restaurants and food aid providers
(DBN)
____________
Movie Theaters:
Movie theater owners’ survival depends on studios
(DBN)
AMC hopes to raise $125 million in fresh funding round as it fights bankruptcy • AMC Set to Sell an Additional 50 Million in Shares to Avoid Bankruptcy
(DBN)
____________
Student Debt:
Stimulus bill makes it easier for companies to help workers with student loans
(DBN)
5 Student Loan Changes For 2021
(DBN)
How My Wife (And I) Paid Off $50k In Student Loans This Year
(DBN)
____________
Golf:
Trump Turnberry Course Down $61M in 6 Yrs
(DBN)
____________
Mass Torts:
Nearly 40 years later, a former Boy Scout remains haunted by alleged assault
(DBN)
____________
Construction:
After burning through $2 billion, Katerra gets a $200 million SoftBank lifeline to escape bankruptcy
(DBN)
____________
UK:
Brits ‘on the brink of Tier 5 lockdown’ as Boris Johnson warns of tougher restrictions • Johnson Faces Third Lockdown as Virus Cases Surge Across U.K. • Johnson Warns That U.K. Schools May Need to Shut Due to Virus
(DBN)
UK economists’ survey: recovery will be slower than in peer countries
(DBN)
Post-Brexit trade deal with EU signed into U.K. law • Brexit trade deal begins, ushering in a new era for the UK-EU relationship
(DBN)
UK Firms Thinking About Relocation to EU
(DBN)
Macron Takes Swipe at Brexit Lies
(DBN)
Boris Johnson's Dad to Take French Citizenship
(DBN)
How Delusions About World War II Fed Brexit Mania
(DBN)
UK Casts Off into the Brexit Unknown
(DBN)
U.K. Mortgage Approvals Surge to 13-Year High During Lockdown
(DBN)
____________
EU:
In graying Italy, the old defy biases laid bare by pandemic
(DBN)
____________
Canada:
Hotel rooms, defective masks and plexiglass: Some overlooked numbers of the pandemic
(DBN)
____________
China:
China approves state-owned Sinopharm vaccine
(DBN)
The Bill is Coming Due for China's Capitalist Experiment
(DBN)
Crowds throng Wuhan, where pandemic began, to celebrate New Year
(DBN)
____________
France:
French wine exporters say U.S. wine taxes a "sledgehammer" to sector
(DBN)
Illegal French New Year's Eve party that drew 2,500 ends after 36 hours and a failed attempt to shut it down
(DBN)
____________
Mexico:
Fleeing Lockdown, Americans Are Flocking to Mexico City
(DBN)
____________
Germany:
The New German Restructuring Regime
(DBN)
Germany to Extend Lockdown Amid Criticism Over Vaccine Rollout
(DBN)
____________
MENA:
Israel leads world in coronavirus vaccinations: Over 1M receive doses • Fast Vaccination Drive Boosts Israeli Economic Outlook This Year • Vaccination Miracle Brings Israel Back to Its Roots
(DBN)
In first, Jewish population in Israel drops below 74%
(DBN)
____________
India:
Ground ready for new options to resolve stressed assets: IBBI chief
(DBN)
Govt works on measures to handle business stress
(DBN)
Suspension of fresh IBC proceedings, pandemic woes may hit resolution pace for stressed assets
(DBN)
India approves first 2 coronavirus vaccines ahead of huge rollout
(DBN)
____________
Philippines:
US Travelers Banned from Philippines
(DBN)
____________
Australia:
Changes made to bankruptcy threshold
(DBN)
____________
Hong Kong:
Little room for rescue from edge of precipice
(DBN)
____________
South Korea:
KDB clarifies no more financing on SsangYong
(DBN)
M&M says likely to conclude deal to sell stake in Ssangyong by Feb end
(DBN)
____________
Japan:
Japan Considering Virus Emergency as Cases Surge, Suga Says
(DBN)
What Will Tokyo’s Second State of Emergency Mean?
(DBN)
____________
|