July 15, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Inside Jones Day's $210,000 Myth
(DBN)

Signing Bonuses for Supreme Court Clerks Are Set for Another Jump • Elite Biglaw Firms Likely To Offer $450K In Signing Bonuses To Supreme Court Clerks
(DBN)

Associate Pay Raises Prompt More In-House Concerns Over Attracting Talent
(DBN)

Davis Polk's Reopening Plan Includes 3-4 In-Office Days, And Floating Remote Workweeks
(DBN)

Biglaw Partner Takes To Begging Associates To Come To The Office
(DBN)

Gibson Dunn's Flexible Work Policy Hands Autonomy to Attorneys
(DBN)

Paul Hastings, After Internal Pushback, Clarifies Office Return Stance in Second Memo
(DBN)

Ever Wonder What It Takes To Make A Good Lawyer?
(DBN)

The Trump DOJ tried to seize 3 Washington Post journalists' communications the day before Attorney General William Barr stepped down, new documents show
(DBN)

Trump Sons Are Left in Charge With Weisselberg Stripped of Roles
(DBN)

Rudy Giuliani's Terrible, Horrible, No Good, Very Bad Election 2020 Fix: 'Just Say We Won'
(DBN)

Family of five charged for allegedly storming the Capitol after tipster provides social media screenshots • FactCheck: “There were no guns whatsoever” at the Capitol riot on Jan. 6. • Man Who Dangled from Balcony, Sat in Pence's Chair During Capitol Siege Quibbles over 'Boogaloo' Facebook Post While Pleading Guilty to Obstruction • Woman Who Was Busted for Jan. 6 by Oklahoma City Thunder Employees Pleads Guilty to Parading Inside Capitol • Capitol Rioter Takes a Plea Deal • House select committee on Jan. 6 riot to hold first hearing July 27
(DBN)

Judge tosses Roy Moore's $95 million defamation suit against Sacha Baron Cohen: 'Clearly a joke' • Court Tosses Roy Moore Lawsuit Against Sacha Baron Cohen For Tortious Hilarity
(DBN)

‘Go back to Africa’: Racist insists he was standing his ground after pulling knife on Black family at rest stop
(DBN)

Woman charged with hate crime for stepping on pro-police 'Back the Blue' sign in Utah
(DBN)

Quinn Emanuel Delivers The 'Find Out' To Ron DeSantis's 'F Around'
(DBN)

Florida man tried to blame BLM in foiled murder-for-hire plot: feds
(DBN)

U.S. Appeals Court orders resentencing for ‘Joe Exotic,’ affirms conviction • Federal Appeals Court Rules Joe Exotic’s Prison Sentence Was Miscalculated. Here's What It Means for His Prison Time.
(DBN)

‘God opened the door’: Mystery surrounds US asylum picks
(DBN)

Items found in Surfside rubble could bring legal challenges upon trying to return them
(DBN)

Judge Rules Against Parents of Toddler Who Tragically Fell to Her Death from Cruise Ship Window
(DBN)

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Judges:

BK ED MI: Notice of Recall of Judge Thomas J. Tucker
(DBN)

By the numbers: Supreme court ideologies
(DBN)

Supreme Court liberal Stephen Breyer says he has no plans to retire
(DBN)

Wisconsin judge suspended for ‘undignified’ speech, showing off handgun
(DBN)

Proposal to Shield Judges’ Personal Data Online Rebooted on Hill
(DBN)

Voting Rights Tension Spills Into Second Circuit Pick Hearing
(DBN)

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Wall Street:

 

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Layoffs:

John Lewis Plans to Cut 1,000 Jobs as U.K. Retail Woes Worsen
(DBN)

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Movie Theaters:

AMC share price gets cut in half as reality sets in for meme stock investors
(DBN)

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Cannabis:

Schumer proposes federal decriminalization of marijuana
(DBN)

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Food/Beverage:

Sticker shock on the menu
(DBN)

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Sports:

Experts fear Olympics could be a superspreader event
(DBN)

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Celebs:

What to know about Britney Spears's court battle over her conservatorship • Britney Spears Can Hire Her Own Attorney
(DBN)

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Cruise Lines:

Nearly 3,000 disembark cruise in Singapore after positive Covid case
(DBN)

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Banking:

Top U.S. banks smash profit estimates on rebounding economy
(DBN)

Wells Fargo’s Lending Stalls as Customers Avoid Borrowing
(DBN)

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Coal:

EIA says U.S. 2020 coal output lowest since 1965
(DBN)

Report: Appalachian states face billions in mining cleanup
(DBN)

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Dams:

Boyce Hydro bankruptcy fund has $3 million to $4 million, but 6,000 claims
(DBN)

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Horse Racing:

Zayat Bankruptcy Trustee Alleges 'Ongoing Pattern of Delay, Obstruction, and Gamesmanship' • Trustee In Zayat Bankruptcy Cites Potential Assets in Egypt
(DBN)

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Education:

New York City and California are sticking with their mask rules in schools.
(DBN)

'I shouldn't be forced': Colleges face pushback over Covid vaccination mandates
(DBN)

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Pharma:

This Is What Billionaire Justice Looks Like
(DBN)

The infrastructure drug deal
(DBN)

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Magazines:

The Atlantic thrived through Trump and the pandemic. The future is harder.
(DBN)

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Healthcare:

Delta variant now accounts for about 58% of COVID-19 cases in US, CDC says
(DBN)

COVID-19 cases and hospitalizations rebound in O.C., other SoCal suburbs
(DBN)

July 14th COVID-19, New Cases, Hospitalizations, Vaccinations
(DBN)

Summer setback: COVID deaths and cases rising again globally
(DBN)

Delta Variant Widens Gulf Between ‘Two Americas’: Vaccinated and Unvaccinated
(DBN)

8 fully vaccinated healthcare workers who went to a Vegas pool party got COVID-19 with mild symptoms - and at least 7 caught the Delta variant, a report said
(DBN)

Here’s why some vaccine skeptics changed their minds and got COVID shots, poll says
(DBN)

Experts: Getting a third dose of Covid vaccine is a ‘dangerous trend’—here’s why
(DBN)

CDC says drug overdose deaths hit record 93,300 in 2020
(DBN)

30% of immigrants in ICE custody have refused a coronavirus vaccine
(DBN)

Alabama military base 1st in U.S. to require troops show COVID vaccine proof
(DBN)

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Economy:

Wholesale prices rose 7.3% in June from a year ago for record surge • U.S. producer inflation posts biggest annual gain in more than 10-1/2 years
(DBN)

People are accumulating less debt post-pandemic
(DBN)

1.8 Million Turned Down Jobs Due to Benefits
(DBN)

Blackrock: The Silent US Retirement Crisis
(DBN)

Powell says the Fed is still a ways off from altering policy, expects inflation to moderate
(DBN)

Parts Of US Seeing 'Robust' Growth Despite Shortages, Inflation: Fed
(DBN)

CEOs made 299 times more than their average workers last year
(DBN)

BlackRock's Larry Fink doesn't believe inflation is going to be transitory - and says bitcoin demand from his clients is very low
(DBN)

BlackRock Closes In on the Once Unthinkable, $10 Trillion in Assets
(WSJ)

Inflation that can't be ignored
(DBN)

Prices Pop Again, and Fed and White House Seek to Ease Inflation Fears
(DBN)

Social Security recipients may get biggest cost-of-living bump in almost 40 years
(DBN)

Powell says inflation, though elevated, will likely moderate • Powell says inflation will be 'elevated' in coming months • Fed's Powell Stays Focused on Jobs Recovery, Says Inflation to Ease
(DBN)

CEOs sound the alarm on inflation
(DBN)

Why cars are driving inflation
(DBN)

Manchin ‘Open’ to Democrats’ Budget Plan But Not Yet on Board
(DBN)

White House says $3.5 trln spending bill's framework reflects Biden's priorities • Senate Democrats unveil details of $3.5 trillion budget deal
(DBN)

McKinsey: Hybrid work will be messier than anyone realizes
(DBN)

RBC CEO David McKay hints at hybrid work model
(DBN)

TUI says UK staff need to work from office just once a month
(DBN)

Citi Watching Delta Variant Closely as It Maps Office Return
(DBN)

The CEO of a freight-booking company explains the reason behind shipping delays: 'It's simple, Americans are buying more stuff'
(DBN)

Biden targets high shipping costs as pandemic ravages global supply chains
(DBN)

The junk bond market is on fire this year as yields hit a record low
(DBN)

Panama Canal Transits Rise as World Trade Recovers From Pandemic
(DBN)

America’s 40-Year Experiment With Big Business Is Over
(DBN)

Reopening of U.S.-Canada border may come too late for hundreds of businesses
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

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

Preliminary Existing Home Inventory June: Local Markets
(DBN)

Full-time minimum wage workers can’t afford rent anywhere in the US
(DBN)

Rhode Island Real Estate in June: Sales Up 31% YoY, Inventory Down 33% YoY
(DBN)

Houston Real Estate in June: Sales Up 17% YoY, Inventory Down 31% YoY
(DBN)

Maryland Real Estate in June: Sales Up 24% YoY, Inventory Down 45% YoY
(DBN)

Manhattan’s Apartment Rebound Means Sweet Deals Are Fading Fast
(DBN)

____________

Municipalities:

FOMB Files Amended Support Agreement With Certain Bondholders • Puerto Rico nets 'verbal' deal with bond insurers as legal fees near $1 billion • PR Board reaches key agreements with insurers, bondholders • Puerto Rico Plan Vote Ruling Waiting On Bond Insurer Deal
(DBN)

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Oil/Gas:

St. Croix refinery files for bankruptcy amid mounting complaints from residents
(DBN)

U.S. crude stockpiles fall for eighth week in a row - EIA
(DBN)

OPEC reportedly reaches compromise on oil production after dispute with UAE
(DBN)

UK government plans to slash transport emissions by decarbonizing aviation, trucks and rail
(DBN)

Europe Rolls Out Plan to Shift From Fossil Fuels, an Effort That Could Impact Trade
(DBN)

____________

Religion:

Diocese of Rochester Bankruptcy Proposal Met with Skepticism of $35 Million Proposal
(DBN)

____________

Biofuels:

Bipartisan U.S. bill aims to expand sales of ethanol after court ruling
(DBN)

____________

Student Debt:

23 Democrats are worried about 'plunging' student-loan borrowers back into repayment in October without a long-term plan for protecting their wages and credit scores
(DBN)

Student-loan companies aren't prepared to restart payments in October, which could be a 'financial catastrophe' for borrowers
(DBN)

‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off
(WSJ)

Biden Has Now Cancelled $40 Billion Of Student Loans This Way
(DBN)

Justices Should Have Resolved Student Loan Discharge Issue
(DBN)

____________

Retailing:

Retailers are bedeviled by rampant shoplifting. City leaders say otherwise.
(DBN)

____________

Crypto:

Crypto Trader Can't File For Bankruptcy Amid SEC Suit
(DBN)

How the IRS is trying to nail crypto tax dodgers
(DBN)

____________

Autos:

How cars — new, used and rental — are putting inflation into high gear
(DBN)

____________

Climate:

Yet another major heat wave is set to roast the western U.S. and Canada by the weekend
(DBN)

Wildfire explodes near site of most destructive blaze in Californian history
(DBN)

Numbers explain how and why West bakes, burns and dries out
(DBN)

Last month was the fifth-warmest June on record
(DBN)

Democrats' $3.5 trillion budget deal sets up next phase of climate push
(DBN)

European Commission proposes ambitious climate change policies, urging U.S. and other nations to follow • The Seven Elements of the EU Green Deal You Should Care About • World’s Top Carbon Market to Get Bigger With EU Climate Plan • Europe Is Proposing a Border Carbon Tax. What Is It and How Will It Work?
(DBN)

Airlines and Automakers Brace for EU’s Momentous CO2 Clampdown
(DBN)

'This is just another low-paying job' say overtaxed U.S. firefighters
(DBN)

Germany Hit with Massive Flooding
(DBN)

At least 20 dead after parts of Europe get 2 months of rain in 2 days
(DBN)

NASA: Brace for a Decade of Record Floods
(DBN)

Amazon rainforest now emitting more CO2 than it absorbs
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

BK MN: Updated Case Filing Statistics
(DBN)

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Property:

Other People’s Property in Bankruptcy
(DBN)

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Mediation:

What is Mediation and Why Mediate?
(DBN)

____________

Solvent Debtors:

18th-Century Patent Law Doctrine and the Ultra Petroleum Make-Whole and Post-Petition Interest Dispute
(DBN)

____________

Aviation:

American Leads Airlines Higher as Travel Outlook Brightens
(DBN)

Delta CEO says delta Covid variant has had no impact on bookings • Delta Sees Second-Half Profit as Business Travel Picks Up • Delta reports first profit since 2019 thanks to federal aid, improving revenue as travelers return
(DBN)

____________

Politics:

Dems' House hopes hang on two states
(DBN)

Toddler in tow, Texas Democrats face hurdles in flight to fight voter law • Behind the partisan drama lies a profoundly serious struggle over who gets shut out under Texas voting laws
(DBN)

Texas Has Broken My Heart
(DBN)

Biden Is Speaking to an America That Doesn’t Exist
(DBN)

Massive trust gap splits America
(DBN)

How Tucker Carlson became the voice of White grievance
(DBN)

Can the Black Rifle Coffee Company Become the Starbucks of the Right?
(DBN)

Georgia County Agrees to Voter Purge Reforms to End NAACP Suit
(DBN)

Starbucks, Coke Join Call for Congress to Protect Voting Rights • 150 Corporations Back Update to Voting Rights Act
(DBN)

Mike Lindell backs off Trump's August reinstatement: 'I didn't say everything is going to change'
(DBN)

3 New Books on Trump
(DBN)

“There Was No Plan. He Is Deranged”
(DBN)

Gen. Milley Likened Trump to Hitler
(DBN)

Nikki Haley Says ‘We Look So Ridiculous in the Eyes of the World’ Despite Polls Showing U.S. Standing Has Rebounded Post-Trump
(DBN)

____________

Hotels:

San Jose hotel bankruptcy lawsuit pits downtown hotel owner against manager
(DBN)

____________

Mass Torts:

Watchdog: FBI Mishandled Nassar Case
(DBN)

____________

Rail:

Commission proposes $117 bln to remake U.S. train corridor, cut travel times
(DBN)

____________

UK:

UK Business Viability: Our Guide To Director Duties, Managing HMRC and Financial Support
(DBN)

British retailer John Lewis Partnership to cut another 1,000 jobs
(DBN)

Face Mask Row Isolates Johnson as U.K. Covid Strategy Fractures
(DBN)

Systemic Racism in England Affects Health to Wealth, Report Says
(DBN)

____________

France:

Macron to the French: Vaccinate or Else
(DBN)

Video shows French police using tear gas to break up anti-vaccine protests
(DBN)

____________

Spain:

Spain’s top court rules pandemic lockdown unconstitutional • Spain's COVID lockdown measures partly unconstitutional, top court rules
(DBN)

____________

China:

U.S. to Extend Trump-Era Halt to Economic Dialogue With China
(DBN)

Senate passes bill to ban all products from Xinjiang over China rights abuse
(DBN)

____________

Italy:

Italy Seeks Options for Paschi as UniCredit Deal in Doubt
(DBN)

____________

Mexico:

Is commercial bankruptcy the end of Mexico's Altán Redes?

____________

Indonesia:

Indonesia reports 54,000 virus cases, becomes Asian hotspot • The caseload in Indonesia has been skyrocketing, setting daily records.
(DBN)

____________

Malaysia:

Malaysia’s new six-month loan ‘moratorium’: All you need to know before you say ‘yes’
(DBN)

Malaysia May Ease Curbs in More States as Vaccination Ramps Up
(DBN)

____________

MENA:

Risk of ‘catastrophic’ coronavirus surge in Middle East- WHO
(DBN)

____________

Cuba:

Worst Economy Since the Soviet Union’s Collapse Fans Cuba Unrest • ‘Everyone Has a Tipping Point’: Hunger Fuels Cuba’s Protests
(DBN)

____________

Argentina:

Argentine court provisionally suspends bankruptcy of Macri family’s Argentine Post
(DBN)

____________

India:

Mutual fund holders cannot be equated with creditors, home buyers: SC
(DBN)

____________

South Africa:

In a looted S. African mall, a man lies dead as the poor pick over scraps
(DBN)

____________

Venezuela:

Fleeing hardship at home, bias abroad, Venezuelans flock to U.S.
(DBN)

____________

Australia:

Melbourne Joins Sydney in Lockdown
(DBN)

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