July 1, 2021

The Daily Bankruptcy News

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Law:

Elite Litigation Powerhouse Beats The Market On Associate Compensation
(DBN)

Student Staff Resign After Duke Law School Faculty Try To Force Anti-Trans Article Into Journal
(DBN)

Yet Another Biglaw Firm Bites The Dust When It Comes To Matching DPW Salaries
(DBN)

Jones Day Raises Salaries But Remains A Black Box
(DBN)

Former CLO And Biglaw Partner Joins Virtual Law Firm As Managing Partner
(DBN)

Kelley Drye Names New Bankruptcy Special Counsel
(DBN)

Survey finds decline in lawyer well-being, particularly for early-career respondents
(DBN)

Paul Hammer Joins Barron & Newburger
(DBN)

So, You’re Saying Billing To Non-Existent Matters Is Frowned Upon?
(DBN)

Unvaccinated Lawyers Will Not Be Allowed To Enter This Biglaw Firm
(DBN)

Can Solo Lawyers Operate A Profitable General Practice?
(DBN)

Lawyers Should Still Hire Other Lawyers To Perform Their Legal Work
(DBN)

Top Wisconsin court narrowly approves bar admission of woman convicted in pot plot
(DBN)

Law School Students Were NOT Pleased With The Quality Of Pandemic Learning
(DBN)

LegalZoom Takes Over Times Square As It Debuts On NASDAQ
(DBN)

Sex-trafficking victims can sue Facebook for allegedly facilitating their recruitment, top Texas court says
(DBN)

Trump headed to Texas border to assail Biden immigration policies • Trump-loving billionaire rants about migrants 'killing and raping' after he’s revealed as private funder of South Dakota's border deployment
(DBN)

Fentanyl seizures at U.S. southern border surged 4,000 percent in last 3 years
(DBN)

Manhattan prosecutors will charge the Trump Organization and its CFO with tax-related crimes on Thursday, report says • Trump Organization and its CFO indicted by Manhattan grand jury • Trump Organization and Its Chief Financial Officer Have Been Indicted: Reports • Trump Organization CFO expected in court after indictment • Top Trump Executive Allen Weisselberg Surrenders to Face Charges
(DBN)

Michael Cohen on Trump legal drama: "They have documents to prove more than you know"
(DBN)

Microsoft exec: Targeting of Americans' records 'routine'
(DBN)

This law helped the Capitol riot happen. So why does nobody want to change it? • Feds identify MAGA rioter after he signed his name on camera on January 6th • House approves select committee to investigate Jan. 6 Capitol riot • Cheney, Kinzinger are sole GOP votes for Jan. 6 select committee • House to probe Capitol riot — over Republican opposition • Oath Keeper Who Raced Golf Carts Through the U.S. Capitol Pleads Guilty to Conspiracy, Will Cooperate With Feds • Lawyer for 'Q Shaman' asked a judge to release him from jail, insisting his spear wasn't a danger to anyone • Misinformation and the Jan. 6 insurrection: When ‘patriot warriors’ were fed lies
(DBN)

A TV news crew was reporting on a crime spike. Then robbers demanded they hand over their camera.
(DBN)

FBI Turns to Offense to Thwart Growing Threat of Cyberattacks
(DBN)

Native American women face an epidemic of violence. A legal loophole prevents prosecutions.
(DBN)

Teen Allegedly Drowned Father, Claiming to Baptize Him to Exorcise Demon Named 'Dirty Dan'
(DBN)

Car Break-Ins Skyrocket As Thieves Target Unsuspecting Tourists In San Francisco
(DBN)

Man Posing as Police Officer Pulled Over Off-Duty Deputy Who Recognized Him As Imposter From Earlier 'Domestic Incident': Sheriff
(DBN)

Man Out on Bond After Allegedly Cutting Power to Ex-Wife’s Home, Breaking In, and Shooting Her Four Times on Day of Child Custody Hearing
(DBN)

Leader of Troubled Summer Camp Retires Following Allegations of Rape and Sexual Abuse
(DBN)

In California, anti-Asian hate crime rose 107% in 2020
(DBN)

Federal judge blocks Indiana's "abortion reversal" law
(DBN)

Federal judge blocks Florida social media law
(DBN)

Bill Cosby to be released from prison after court overturns conviction • Explainer: Why Bill Cosby’s conviction was overturned • Cosby is Free Because of Power Hungry DA • The court decision freeing Bill Cosby, explained as best we can • Bill Cosby released from prison as sex assault conviction overturned due to ‘unfair trial’ – despite being a ‘risk’ • 35 Women Tell of Being Raped by Bill Cosby • Bill Cosby’s sexual assault conviction is overturned because of initial district attorney’s decision • Cosby release infuriates survivors; lawyers hail win for Constitution • Phylicia Rashad Comes Out Swinging for Bill Cosby: “A terrible wrong is being righted- a miscarriage of justice is corrected!” • Bill Cosby is free; Ghislaine Maxwell should be, too
(DBN)

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Judges:

The Bankruptcy Court family extends congratulations and best wishes to Judge Robert J. Kressel, as he retires after 38½ years of service as a bankruptcy judge for the District of Minnesota
(DBN)

BK CO: Chief Judge Transition
(DBN)

Availability of a Bankruptcy Judgeship Position in the Middle District of Florida at Jacksonville
(DBN)

Judge Demands COVID Vaccination Cards from Everyone Present at Sentencing Hearing for Actress Allison Mack
(DBN)

Louisiana High Court Censures One of Its Own
(DBN)

Stephen Breyer is making a strong case for Supreme Court term limits
(DBN)

Biden announces 5th wave of judicial nominees as Democrats aim to maintain quick pace of confirmations to federal bench
(DBN)

Supreme Court expansion push starts to fizzle
(DBN)

______________

Wall Street:

Stock futures are up as Wall Street gets set to kick off second half of 2021
(DBN)

US stocks close mostly higher to finish one of the strongest first halves of the year since 1998
(DBN)

As Hertz Exits Bankruptcy, the Reddit Crowd Pockets a Big Score
(DBN)

Robinhood to pay $70M for false information and trading outages, in largest-ever regulatory fine
(DBN)

______________

Layoffs:

Michigan Democrat Seeks Severance Law Inspired by Art Van Demise
(DBN)

Fourth Circuit Provides Guidance on Counting Employees for Purposes of WARN Act Coverage
(DBN)

______________

Climate:

White House Sets Red Line Around Climate Goals in Reconciliation
(DBN)

Pacific Northwest heat wave has no historical precedent • Portland, Ore., soared to 116 degrees — hotter than Dallas, Miami and L.A. have ever been • Pacific Northwest heat wave, Canada temperature record shock experts • Deaths surge in Pacific Northwest as temperatures hit all-time highs • At least 486 dead in British Columbia amid historic heat wave • Historic Northwest heat wave may have killed hundreds
(DBN)

Oregon governor invokes Emergency Conflagration Act to combat wildfire
(DBN)

It's the climate change, stupid
(DBN)

Grocery stores are pulling perishable food, covering aisles in plastic sheets, and running sprinklers on store roofs as they battle the record heat wave
(DBN)

US cities are suffocating in the heat. Now they want retribution
(DBN)

Democrats Have a Year to Save the Planet
(DBN)

British Columbia reports 'significant' increase in deaths thought to be linked to heat wave
(DBN)

Running out of water: how climate change fuels a crisis in the US west
(DBN)

Biden to Confront Perils Posed by Heat Wave Gripping U.S. West
(DBN)

Newsom urges people to "believe your own damn eyes" on climate science
(DBN)

Amazon’s carbon emissions rose 19% in 2020 despite Covid-19
(DBN)

Tropical Storm Elsa forms, shatters record
(DBN)

____________

Healthcare:

Joel Freedman fires managers, throwing Hahnemann bankruptcy into chaos
(DBN)

So Many Troubled California Health Care Districts, So Many Have Filed Chapter 9—Lessons To Be Learned
(DBN)

12 Holdout States Haven't Expanded Medicaid, Leaving 2 Million People In Limbo
(DBN)

The highly infectious Delta variant may already be dominant in the US, says leading coronavirus test lab
(DBN)

The delta variant, explained • Delta variant gains ground in U.S., men do worse with COVID-19
(DBN)

Arkansas has biggest one-day virus case spike in 4 months
(DBN)

June 30th COVID-19 New Cases, Vaccinations, Hospitalizations
(DBN)

Patient Drug Prices Can Vary by $50 a Pill Among U.S. Hospitals
(DBN)

Dr. Gottlieb: U.S. unlikely to have ‘raging epidemic’ from Covid delta variant
(DBN)

Moderna says vaccine works against delta variant, as WHO warns of global spread
(DBN)

Los Angeles urges everyone to mask up because of delta variant - even the vaccinated • Delta variant ignites new mask debate
(DBN)

New York Heat Wave Nears Its Sweaty Peak as Northwest Highs Ease
(DBN)

‘Decisive’ Decade in Climate Change Fight Needs Lending Surge
(DBN)

Fauci says he’s not going to waste his time with an antibody test, and neither should you
(DBN)

Trump said, 'yeah, okay' and hung up the phone when his health secretary warned him about the coronavirus in January 2020, a new book says
(DBN)

Historians rank Trump among worst presidents in US history, new C-SPAN survey shows
(DBN)

____________


Economy:

ADP: Private Employment increased 692,000 in June • Private payrolls rise 692,000 in June, easily topping expectations
(DBN)

Jobs report poised to boost or hinder Biden's agenda
(DBN)

U.S. dollar on track for best month in 4-1/2 years; payrolls in focus
(DBN)

Inflation Eats at Surging U.S. Wages With Biden Agenda at Stake
(DBN)

Only 10% of job seekers are rushing back to the workforce, hiring giant Indeed says
(DBN)

Unequal access to vaccines skews global recovery, says IMF chief economist
(DBN)

GOP tax attack
(DBN)

Unprocessed tax returns swell
(DBN)

The slow return to normal: Delta variant threatens lifting of restrictions
(DBN)

How the 21st century economy convinced millennial women that having kids isn't worth it
(DBN)

3 key parts of a good hybrid work plan, according to a workplace scientist
(DBN)

Citigroup Says Flexible Work Gives It an Edge Over U.S. Rivals
(DBN)

Despite employee protest, Apple is still requiring most employees to return to the office in September
(DBN)

We hate the office. We love the office. Do we want to go back?
(DBN)

Slack Unveils New Tools in Heated Competition on Hybrid Work
(DBN)

The living's not easy for worker-hungry U.S. businesses this summertime
(DBN)

Biden Plans Broad Competition Order to Tackle Market Power • Why the U.S. is so friendly to monopolies
(DBN)

How big business exploits small business
(DBN)

Democrat Murphy warns 'no path' on bipartisan infrastructure deal without additions
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Commercial tenants' strategies for avoiding or delaying rent payments
(DBN)

Negative Pledges in Commercial Real Estate Financings – Why Do We Need Them?
(DBN)

NAR: Pending Home Sales Increased 8.0% in May
(DBN)

RPT Realty ponders bankrupt mall owner Washington Prime
(DBN)

Rent Catches Up to Pre-Pandemic Estimates, Except in Big Cities
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

3 signs that American homebuyers are solving the housing crisis by refusing to pay crazy prices
(DBN)

Fannie Mae: Mortgage Serious Delinquency Rate Decreased in May
(DBN)

America's central bank helped spark the US housing boom. Now it fears it created a monster.
(DBN)

Biden's CFPB just ordered mortgage lenders to do more to help you avoid foreclosure
(DBN)

Eviction Deadline Looms for Millions of Tenants With Surging Rent Debt
(DBN)

More than $425 million promised for rental assistance didn’t make it to tenants or their landlords
(DBN)

What you should know about the eviction moratorium
(DBN)

At Least 5 Justices Seem To Think the CDC's Eviction Moratorium Is Illegal. SCOTUS Left It in Place Anyway • The Supreme Court’s latest decision could save millions from eviction — but not for long
(DBN)

Lumber prices dive more than 40% in June, biggest monthly drop on record • Framing Lumber Prices Down Sharply from Recent Peak, Up Solidly Year-over-year
(DBN)

U.S. pending home sales increase to highest reading for May since 2005
(DBN)

The building trembled, then all she saw was dust. Condo collapse survivor recounts escape in lawsuit • Florida condo tenants fled a collapsing building without their pets. Firefighters are trying to reunite them • Throwable military robots sent to assist with Florida condo collapse • Video, images and interviews deepen questions about role of pool deck in condo collapse • Death toll in Surfside condo collapse rises to 16 • Scammers are setting up fake online fundraisers in the wake of the Florida condo collapse disaster, official warns • Stories of survival keep hope alive as rescuers race clock • Theories emerge in early stages of investigation into Surfside condo collapse • Haunted by tragedy and safety fears, Surfside residents debate leaving home • Devastated condo community looks to Biden visit for comfort • Latest victims in condo tower collapse include 2 children
(DBN)

Inspector general overseeing federal housing agency resigns, months after watchdog report finds abuse of authority
(DBN)

“Housing discrimination is alive and well”: Watchdog group sues 36 realtors and landlords in New York
(DBN)

____________

Municipalities:

Five Years of Promesa
(DBN)

U.S. Territories: Public Debt Outlook
(DBN)

____________

Oil/Gas:

Big Oil Attacks the SEC Over Mandatory ESG Disclosure
(DBN)

Exxon lobbyists' unfiltered climate remarks caught on video by Greenpeace • Exxon lobbyist pressured lawmakers to remove climate measures from Biden's initial $2 trillion infrastructure plan, report says
(DBN)

Big Oil Kept Dirty Secret for Decades
(DBN)

Fossil-Fuel Systems Seen Key to Reach Net-Zero: Catalyst Update
(DBN)

Shortage of truck drivers is behind the fuel crunch at gas pumps, analyst says
(DBN)

____________

Celebs:

RHOBH’s Erika Jayne is ‘NOT happy’ with show editing after she’s slammed for ‘flaunting wealth’ on TV amid fraud claims • RHOBH star Erika Jayne’s divorce lawyer, accountant & landlord ‘ordered to hand over financial records’ in fraud lawsuit • Real Housewives Of Beverly Hills' Erika Jayne Has Suffered A Loss In Ongoing Legal Case
(DBN)

Father of Britney Spears Claims He Doesn't Have Control Over His Daughter's Uterus, Wants to Know If Her 'Testimony Was Accurate': Report • Judge denies Britney Spears' request to remove father as co-conservator • Judge Denies Britney's Request for Freedom
(DBN)

____________

Utilities:

PG&E seeks $3.6 billion in rate hikes for wildfire safety
(DBN)

California tests off-the-grid solutions to power outages
(DBN)

____________

Non-Profits:

Boy Scouts, Girl Scouts suffer huge declines in membership
(DBN)

____________

Religion:

Canadian Indigenous group says more graves found at new site
(DBN)

Milwaukee Archbishop: ‘It’s the Church That Is Continually Targeted’
(DBN)

____________

Finance:

Bankruptcy and The Breakdown of Loan Market Norms
(DBN)

____________

Hotels:

Hoteliers Struggle With Ongoing Labor Shortages
(DBN)

____________

Retailing:

J.Crew CEO lays out her comeback plan
(DBN)

____________

Politics:

In age of division, 92% of Americans say they still want to make the country better, according to a new study
(DBN)

Poll-Support for Biden erodes among Democrats as U.S. looks past pandemic
(DBN)

Behind Biden’s 2020 Victory
(DBN)

Poll: 56 percent of GOP voters say Biden won the 2020 election by voter fraud
(DBN)

N.Y. Lawmakers Probing Cuomo Amass Trove of 100,000 Documents
(DBN)

Senate hopefuls embrace nuking filibuster
(DBN)

Ballot counting in New York mayoral race takes turn for the chaotic • New York's election debacle gives an opening to 2020 deniers • Revised vote count shows Adams ahead in NYC mayoral primary • New York City released a new ranked-choice tally showing a close race
(DBN)

What should the Biden administration do about far-right military figures?
(DBN)

Joining Trump at border, GOP congressman eyes path to power
(DBN)

GOP’s Objection to Vote for Felons Imperils Its Own Supporters
(DBN)

‘Idiot’ GOP lawmaker ignites fury after wearing Star of David to protest COVID-19 vaccine rules and declaring ‘we're all Jews’
(DBN)

DeSantis feuds with Trump over Florida rally amid search for survivors in Surfside
(DBN)

How a socialist won the Buffalo mayoral primary
(DBN)

C-SPAN's New List of President Rankings
(DBN)

Toyota Defends Donations to Seditionists
(DBN)

Full List of 120 House Republicans Who Voted Against Removing Confederate Statues
(DBN)

____________

 
New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (7 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)

______________

Avoidance Actions:

3rd Circ. Tosses Bankrupt Casino's $50M License Fee Suit
(DBN)

Can Your Lien Be Avoided if Only the Debtor Will Benefit? The Courts are Split.
(DBN)

____________

Third Party Releases:

Fundamental Procedural Fairness: The Sine Qua Non for the Enforcement of Third-Party Releases Authorized in a Foreign Proceeding
(DBN)

____________

Aviation:

Overseas tourism won't rebound until 2023 - UN
(DBN)

Passengers frustrated after Southwest Airlines cancels more than a thousand flights
(DBN)

Flight attendant association chief says masks 'very critical'
(DBN)

Global Tourism Crash May Cause $4 Trillion Loss to World Economy
(DBN)

Emirates Gears Up for Summer Surge as Travel Demand Improves
(DBN)

Creditors seek consolidation of Cayman subsidiaries in LATAM’s reorganization
(DBN)

Carlyle takes over Trans Maldivian Airways from Bain Capital
(DBN)

____________

Education:

Critical race theory: What it is and what it isn't
(DBN)

UNC trustees OK tenure for journalist Nikole Hannah-Jones
(DBN)

Geffen’s $150 Million Gift Makes Yale Drama School Tuition-Free
(DBN)

____________

Gambling:

Las Vegas Visitor Authority for May: No Convention Attendance, Visitor Traffic Down 22% Compared to 2019
(DBN)

____________

Food/Beverage:

Cheers! State extends carry-out cocktails as restaurant recovery continues
(DBN)

As restaurants reopen, long wait times are becoming a common issue
(DBN)

Restaurant Performance Index remains near record levels
(DBN)

____________

Sports:

NCAA approves policy allowing athletes to profit off name, image, likeness • NCAA clears way for athlete compensation as state laws loom
(DBN)

Tour de France Spectator Arrested for Crash
(DBN)

____________

Autos:

Global light vehicle production to grow 50% in second quarter, supply woes persist - IHS
(DBN)

As Car-Lot Inventories Dwindle, Sales Take a Turn for the Worse
(DBN)

Marathon’s Richards Sees Gains on Hertz, Travel as Covid Wanes
(DBN)

Hertz emerges from bankruptcy as car-rental business booms • Car rental giant officially exits bankruptcy with one question: will it survive long-term? • Rental car company Hertz emerges from bankruptcy, with changes to board • White & Case Leads Hertz to Successful Chapter 11 Exit
(DBN)

____________

Pharma:

Opioid Suppliers Rebut Claims in First Jury Trial Over Epidemic
(DBN)

Attorney General James Applauds Signing of Bill Creating Opioid Settlement Fund Into Law
(DBN)

____________

Coal:

UK: Coal Outlawed for Electricity by 2024
(DBN)

____________

Private Equity:

Private Equity Gears Up for Last Fight to Keep Coveted Tax Break
(DBN)

____________

Fraud:

June 2021 Ponzi Scheme Roundup
(DBN)

____________

History:

Founding Fathers as Founding Debtors: How some of them used slaves as collateral
(DBN)

JFK Didn't Actually Accomplish Much
(DBN)

____________

Sovereigns:

How A Chinese-Built Highway Drove Montenegro Deep Into Debt
(DBN)

White House official urges China, private sector to step up global debt relief
(DBN)

____________

UK:

Haldane Says U.K. at ‘Dangerous Moment’ as Inflation Heads to 4%
(DBN)

UK's furlough scheme starts to wind down
(DBN)

Gap to close all stores across UK and Ireland and move online-only
(DBN)

Barclays Moves Traders to London Headquarters in Office Shake-Up
(DBN)

Working Women Suffer Again as Covid Wave Empties U.K. Classrooms
(DBN)

U.K. Consumers Add to Savings War Chest Before of Lockdown Eased
(DBN)

____________

Russia:

Bank of Russia recommends that creditors extend retail and SME loan restructuring until 1 October 2021
(DBN)

Russians press Putin on new coronavirus vaccine rules
(DBN)

____________

China:

Pew: Large Majorities Say China Does Not Respect the Personal Freedoms of Its People
(DBN)

China Evergrande Downgraded at Moody’s Despite Debt Progress
(DBN)

Satellite images show China building what appears to be over 100 new silos for its nuclear missiles, analysts say
(DBN)

____________

India:

India Curbs Ministries’ Spending as Fiscal Concerns Mount
(DBN)

Supreme Court Orders India to Compensate Families of Covid Dead
(DBN)

____________

Russia:

Putin Defends Enforced Covid Jabs as Pandemic Deaths Hit Record
(DBN)

____________

Germany:

German Unemployment Declines as Shops and Restaurants Reopen
(DBN)

____________

Indonesia:

Parts of Indonesia are running out of hospital beds, health minister says
(DBN)

Indonesia holds mass vaccination to scale up virus fight
(DBN)

Indonesia business warns risk of layoffs, bankruptcies from new COVID-19 curbs
(DBN)

____________

Mexico:

Mexico's COVID-19 death toll could be 60% higher than official count
(DBN)

____________

Israel:

Israel scrambles to curb jump in COVID infections
(DBN)

____________

Fiji:

Fiji’s outbreak surges as gov’t resists lockdown
(DBN)

____________

North Korea:

Explainer: How bad is the pandemic in North Korea?
(DBN)

____________

Australia:

All 24 unvaccinated people at birthday party in Australia contract Delta COVID
(DBN)

____________


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