July 16, 2021

The Daily Bankruptcy News

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Law:

Top Biglaw Firm Will Allow Associates To Control Their Own Office Schedules, Work Remotely 'Whenever ... Appropriate'
(DBN)

Biglaw Firm That Said Lawyers Should Be In Office 'By Default' Casually Takes It Back
(DBN)

Slaughter and May lets associates choose whether to work part-time
(DBN)

And They Say The Perfect Path To Law School Doesn't Exist
(DBN)

Ex LeClairRyan General Counsel Charged By Virginia Prosecutors
(DBN)

The Big Law career guide for law school students and young lawyers looking to land a job at an elite firms
(DBN)

Associates in These Practices Are Most Likely to Make a Move in 2021
(DBN)

UK: Firms claim huge amounts of furlough cash despite raking in profits
(DBN)

Hogan Lovells and Macfarlanes boost NQ packages to over £100k
(DBN)

My Empty Cup: Changing The Definition Of Success As A Lawyer Mom
(DBN)

ABA submits response to Florida Supreme Court’s ban on ‘quotas’ in CLE panels
(DBN)

Plenty Of Law Firm Partners And Associates Are Using Marijuana
(DBN)

In the World of Big Law Dealmaking, Black Lawyers Are Scarce
(DBN)

Three BigLaw attorneys share stories about their TikTok personas
(DBN)

Litigation Funder Says DQ'd NFL Concussion Firm Owes $30M
(DBN)

It's Greenberg Traurig, Bitch! Britney Spears Hires A Biglaw Partner • Britney Spears’ new attorney says father must step aside • Britney Spears’s New Lawyer Is a Hollywood Heavy Hitter
(DBN)

‘Technoking’ Versus ‘Bad Human Being’
(DBN)

FBI Failures Allowed Larry Nassar an Extra Year to Sexually Abuse Dozens of Gymnasts: IG Report
(DBN)

The Ken Starr Trainwreck Goes Supernova
(DBN)

Sexual Assault Victim Held Captive for Weeks Freed After Leaving Notes in Public Bathrooms Begging for Help: Police
(DBN)

Was Jeffrey Epstein a Spy?
(DBN)

Federal Judge in Michigan Rejects 'Kraken' Lawyers' Request to Release Video from Sanctions Hearing • Kraken Lawyers Demand Judge Post Video Of Sanctions Hearing So We'll All Quit Laughing At Them • ‘Kraken’ Lawyer Replaces Winston & Strawn Partner After One Week • Judge Orders Lin Wood to Explain Why He Shouldn't Be Disciplined for Posting Video of His Sanctions Hearing Online • Lin Wood Tells Crowd 'It Doesn't Matter Whether Q Is True'
(DBN)

Dad Charged with Beating 6-Year-Old Son to Death Was Allegedly 'Disciplining' Boy for Wetting His Pants, Interrupting Video Game
(DBN)

Murder by Minivan: Pennsylvania Woman Who 'Felt Disrespected' Gets Life in Prison for Running Over and Dragging Boyfriend
(DBN)

Poll: 44 percent want more police in their community; 7 percent say less
(DBN)

Prosecutors move to drop charges against protester identified by facial recognition software • U.S. seeks prison term for first felony defendant to be sentenced in Capitol breach, citing domestic terror threat • Pence refused to leave the Capitol during the January 6 riot despite Secret Service agents urging him to evacuate, saying, 'I'm not getting in the car': book • Trump to Pence on Jan. 6: 'You don't have the courage' • Accused Capitol rioter's bail revoked after leaving lewd voicemails for probation officer • Man Who Allegedly Dressed as Book of Mormon Figure Who Raised Armies Against Tyrants Arrested Over Jan. 6 Attack
(DBN)

Alan Dershowitz Says Evidence Suggests 2020 Election 'Wasn't Stolen' from Trump
(DBN)

Texas Arrest of Black Man Over Voting Is to Intimidate, AGs Say
(DBN)

Police speak to Black drivers with less respect than white drivers, study finds
(DBN)

In U.S., Black Confidence in Police Recovers From 2020 Low
(DBN)

Minneapolis Police Destroyed Case Files Amid George Floyd Protests
(DBN)

A Wyoming bar sold a shirt promoting violence against gay people miles from Matthew Shepard's murder site
(DBN)

Biden's ICE nominee praises immigrants, pledges to uphold 'rule of law' • Biden's nominees to lead ICE and Border Patrol signal sharp departure from Trump era
(DBN)

The Biden administration is ramping up efforts to trace crypto used in cyberattacks and will offer bounties of up to $10 million for info
(DBN)

Bill Gross Ordered Back to Court on Neighbor’s Noise Complaint
(DBN)

Illinois bans police from lying to minors during interrogations
(DBN)

Arrest made after mom shot dead during trip to take son to Naval Academy
(DBN)

'Vampire' serial killer admits murdering 10 children and sucking one victim's blood
(DBN)

______________

Judges:

In Most Obvious Interview Ever, Justice Breyer Says He Hasn't Decided Whether To Retire • Supreme Court Justice Stephen Breyer has not decided when he will retire
(DBN)

Why Aren't All Judicial Recusal Lists Public?
(DBN)

Major Supreme Court reform is unlikely. But these changes would be a good start.
(DBN)

Federal judiciary supports legislation to prevent access to judges’ information
(DBN)

Judge With A Habit Of Showing Off His Gun -- In Court -- Suspended
(DBN)

Family court judge sacked for offering 12-year-old daughter to swingers
(DBN)

______________

Wall Street:

Stock futures inch higher as Wall Street wraps up the first week of second-quarter earnings reports
(DBN)

Wall St falls as growth stocks slip, value plays rise on falling jobless claims • US stocks end mixed as Fed Chair Powell's continued backing of stimulus raises economic questions
(DBN)

AMC shares attempt a comeback, GameStop falls • AMC rebounds after falling. Why one trader says ‘stay away’
(DBN)

PJ Solomon Raises Bankers’ Salaries Amid Wall Street Bidding War
(DBN)

Wall Street Itches for Office Return as Variants Muddy Recovery
(DBN)

______________

Layoffs:

Autonomous trucks wow Wall Street
(DBN)

______________

Food/Beverage:

Taco Bell, McDonald's, and Dunkin' and are raising prices. Here's how much more you're paying for coffee and food
(DBN)

After customers drove staff to tears, a restaurant closed to give employees a 'day of kindness'
(DBN)

Why salad bars may never come back
(DBN)

____________

Sports:

Too much, too soon? USA Gymnastics in midst of culture shift
(DBN)

Athletes go it alone in Tokyo as families watch from afar
(DBN)

Why some athletes at the Tokyo Olympics won't be vaccinated
(DBN)

Olympic athlete, staff member test positive for COVID
(DBN)

No manager, not enough players: how Swindon Town were left to fall apart
(DBN)

Multiple Yankees test positive for coronavirus, forcing game vs. Red Sox to be postponed
(DBN)

____________

Entertainment:

Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal
(DBN)

____________

Pharma:

The Sacklers Try to Strong Arm the Non-Consenting States with a Threat of Sanctions
(DBN)

____________

Debt Collection:

The Hunstein Effect: Examining the Eleventh Circuit’s Ruling and What’s Next for Debt Collectors and Their Third-Party Service Providers the Reach of Its Creditors
(DBN)

____________

Politics:

American Airlines, other companies resume donations to Republicans who objected to election results
(DBN)

Trump opines on coup while rejecting fears about his actions • Top general feared Trump would attempt a coup after losing the election, book claims • "They're not going to f**king succeed': Top generals feared Trump would attempt a coup after election, according to new book
(DBN)

To Trump's hardcore supporters, his rallies weren't politics. They were life.
(DBN)

GA secretary of state calls for Fulton County elections officials to be fired
(DBN)

The long, ‘surreal’ days of the runaway Texas legislators • Clear eyes, fully entrenched base: Why Texas Democrats think they can't lose by fleeing the state • Texas Democrats find voting rights are a tough sell as Capitol Hill turns its focus to Biden's economic agenda
(DBN)

The new playbook for partisan gerrymandering
(DBN)

FactCheck: Are state legislators really seeking power to overrule the voters?
(DBN)

Swing voters fear crime
(DBN)

'I Alone Can Fix It' book excerpt: The inside story of Trump's defiance and inaction on Jan. 6
(DBN)

Liz Cheney smacked GOP Rep. Jim Jordan's hand away when he tried to escort her during the Capitol riot, telling him 'You f---ing did this,' book says
(DBN)

Kremlin papers appear to show Putin’s plot to put Trump in White House • Leaked Kremlin documents reportedly show Putin wanted to sow chaos in the US by supporting Trump. He succeeded • Leaked Kremlin documents support claim that Russia has compromising material on Trump, report says • Kremlin Docs: Trump Will Weaken America
(DBN)

Jared Kushner searched 'how do you caucus' when Trump fans approached him and Ivanka for help at the 2016 Iowa caucus, book says
(DBN)

Matt Gaetz's campaign paid $25K to a Manhattan criminal defense lawyer who represented Jeffrey Epstein, new records show • Gaetz reaches for Trump lifeline
(DBN)

Manchin Says No Filibuster Exception for Voting Rights Bill
(DBN)

Cuomo to be questioned in sexual harassment investigation
(DBN)

Two in Three Southern Republicans Want to Secede From the United States
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims decrease to 360,000
(DBN)

13.8M Americans Receiving Unemployment Benefits, 850K Jobs Added in June
(DBN)

Fed's Powell rapped on inflation, regulations in Senate hearing • Warren Signals Powell Skepticism by Blasting Fed on Bank Rules
(DBN)

Yellen sees ‘several more months of rapid inflation’ before easing, worries about housing impact
(DBN)

Why Big Central Banks Are Becoming Climate Warriors
(DBN)

Gundlach says the dollar is ‘doomed’ over the long term because of rising U.S. deficits
(DBN)

America’s CEOs couldn’t say it any louder: We’re about to charge you more
(DBN)

Economists are divided about how bad inflation is going to get. Here are the 14 loudest voices on both sides of the issue.
(DBN)

Inflation Is Still High. Used Car Prices Could Help Explain What Happens Next
(DBN)

Fed's Evans: taper bar could be met later this year
(DBN)

Meet the typical 40-year-old millennial, who has $128,000 in debt, is not nearly as wealthy as their parents were, and is known as 'geriatric'
(DBN)

Why Remote Work Might Not Revolutionize Where We Work
(DBN)

Industrial Production Increased 0.4 Percent in June
(DBN)

Schumer sets new infrastructure deal deadline as IRS provision faces strong blowback • Schumer Sets Up Deadline to Push Infrastructure Negotiations • GOP fumes over Schumer hardball strategy • Schumer's bomb
(DBN)

Biden 'supremely confident' on passing bipartisan infrastructure deal (DBN)

Ocasio-Cortez Warns Progressives Can ‘Tank’ Infrastructure Bill
(DBN)

Pelosi Says House Will Tweak Senate’s $3.5 Trillion Budget Plan
(DBN)

IRS begins sending monthly checks to millions of American parents in crucial test for Biden • 'I can breathe a little bit more.' Millions receive first child tax credit payments • Biden sees U.S. child tax credit as 'giant step' to counter poverty • Biden to tout program likened to universal basic income for kids • Biden hails 'transformative' child tax credit payments • Economist: Child tax credit payments are one of the best forms of government spending
(DBN)

California Approves First of Its Kind Guaranteed Income Program
(DBN)

Google engineers say they're just as productive at home as in the office, but the h:h giant wants them back on site anyway
(DBN)

LA Area Port Traffic: Solid Imports, Weak Exports in June
(DBN)

Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens
(DBN)

U.S. Debt Limit Timing Tough to Pinpoint, Treasury Official Says
(DBN)

Here’s how Zoom is helping create the new world of hybrid work
(DBN)

America’s monopoly problem stretches far beyond Big Tech
(DBN)

The G-20’s global crackdown could create a new kind of tax haven(DBN)

The pandemic-fueled decline of cash
(DBN)

Interactive: How the U.S. Population Has Changed in 10 Years, by State
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Amendments to the Bankruptcy Code Impact Lessors Post COVID-19
(DBN)

11th Circuit upholds CDC freeze on evictions due to COVID-19
(DBN)

Make the CARES Act Eviction Moratorium Fair to Landlords
(DBN)

Yellen says concerned about housing prices but inflation to calm
(DBN)

Search for Florida condo collapse victims nears end as more bodies are identified • 911 recordings show panic, disbelief when Florida condo fell • 'There's people in the rubble yelling': 911 calls capture chaos of Surfside condo collapse
(DBN)

US 30-year mortgage rate falls for 3rd week to average 2.88% • Mortgage rates continue to drift downward
(DBN)

Sacramento Real Estate in June: Sales up 14% YoY, Active Inventory down 13% YoY
(DBN)

U.S. Home Sales Stall as Buyer Stampede Leaves Scant Inventory
(DBN)

Pandemic fuels a boom for vacation homes
(DBN)

Palm Beach is running out of mansions for sale
(DBN)

____________

Oil/Gas:

Investors balk as bankrupt St. Croix refinery needs $1 billion to be viable
(DBN)

Judge Challenges Attorneys with Deadlines in Limetree Class Action Suit
(DBN)

Biden Promised To End New Drilling On Federal Land, But Approvals Are Up
(DBN)

EU Wants to Kill Gas, Diesel Cars by 2035
(DBN)

Greenland Scraps All Future Oil Exploration on Climate Concerns
(DBN)

____________

Climate:

Over 60 dead, dozens missing as severe floods strike Europe
(DBN)

These cities have the most stifling heat islands in the United States
(DBN)

NYC Subway Seen Likely to Flood as Storms Rise on Climate Change
(DBN)

Democrats Eye Penalties for Utilities That Miss Climate Targets
(DBN)

Powell Says Fed Likely to Require Banks to Test for Climate Risk
(DBN)

Historic Drought in U.S. West Will Persist Through October
(DBN)

Heat wave to send temperatures in northern Rockies, Canada soaring 40 degrees above average
(DBN)

Large wildfires have burned more than 1 million acres in a dozen states
(DBN)

2,000 people displaced in southern Oregon as wildfires ravage West • Evacuations expand in Oregon as fire spreads erratically
(DBN)

Officials warn heat wave could kill nearly all young endangered salmon in Sacramento River
(DBN)

More than 1,000 people missing after devastating German floods • Thousands Left in the Dark in Germany as Floods Cut Power Supply
(DBN)

Why Climate Change Threatens Your Retirement Savings
(DBN)

Europe's climate plans could provoke friction with U.S. • European Union’s Massive Climate Overhaul Is Just the Beginning
(DBN)

____________

Religion:

Bishop: Roman Catholic Diocese of Norwich files bankruptcy petition • Connecticut diocese files for bankruptcy amid abuse claims • Diocese of Norwich files for bankruptcy as dozens of pending lawsuits allege student abuse
(DBN)

____________

Cruise Lines:

Canada to conditionally allow return of cruise ships in November
(DBN)

Carnival Said to Prep Bond Sale for Next Week to Buy Back Debt
(DBN)

What cruising is like right now, according to 7 people who spent weeks at sea
(DBN)

____________

Mass Torts:

Former Woodstock camp sold as Boy Scouts settle sexual abuse claims
(DBN)

____________

Healthcare:

Another longtail of COVID-19: medical debt
(DBN)

Nursing homes have startlingly low COVID vaccination rates
(DBN)

America's covid-19 death toll is about to surpass nearly all our wartime deaths • Hundreds of thousands of white flags to be placed on the National Mall to honor lives lost to covid
(DBN)

July 15th COVID-19, New Cases, Hospitalizations, Vaccinations
(DBN)

U.S. COVID-19 cases more than double in two weeks as delta variant spreads fast, and WHO warns ‘pandemic nowhere near finished’
(DBN)

Top health expert says delta variant will surge in US for months
(DBN)

Surgeon general urges US fight against COVID misinformation • Surgeon general says he's lost 10 family members to coronavirus
(DBN)

Half of Covid Hospital Patients Develop Complication, Study Says
(DBN)

Vaccine hesitancy morphs into hostility
(DBN)

GOP Utah Governor Blames Right-Wing Media for Vaccine Hesitancy: 'It's Killing People'
(DBN)

Tennessee has one of the lowest vax rates. Republicans are working to keep it that way.
(DBN)

GOP vaccine resistance poses growing challenge in pandemic fight
(DBN)

Disbelief in election results and distrust of the vaccines are connected
(DBN)

LA to Require Masks for Everyone Indoors as Delta Variant Rages • Sacramento County Recommends That Fully Vaccinated People Mask Up Again As Cases And Delta Variant Surge
(DBN)

The delta variant is ravaging this Missouri city. Many residents are still wary of vaccines.
(DBN)

CDC chief: Tennessee’s move to halt vaccine outreach to teens ‘incredibly disturbing’
(DBN)

White House slams Facebook as conduit for COVID-19 misinformation
(DBN)

Delta Engulfs Southeast Asia With World’s Fastest-Growing Deaths • Goldman: Covid delta variant could ‘significantly’ hit growth in Southeast Asia
(DBN)

COVID-19 takes toll on Catholic clergy in hard-hit countries
(DBN)

WHO chief: 'Premature' to rule out COVID-19 lab leak theory
(DBN)


____________

 
New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Crypto:

The Need for Clarity Regarding the Classification and Valuation of Cryptocurrency in Bankruptcy Cases
(DBN)

____________

Advisors:

Association of Insolvency and Restructuring Advisors Inducts 2021 Distinguished Fellows
(DBN)

____________

Consumer Bankruptcy:

Consumer Bankruptcy in the Age of COVID-19
(DBN)

____________

Miscellaneous:

Global bankruptcy financial restructuring and insolvency group releases the Q3 2021 issue of International Restructuring Newswire
(DBN)

____________

Subchapter V:

Subchapter V: Early Termination Of A Trustee’s Services Under A Consensual Plan (§ 1183(c))
(DBN)

____________

UST:

Director Addresses 2021 Annual Seminar of the National Association of Chapter 13 Trustees (NACTT)
(DBN)

____________

Student Debt:

Private student loans can be tossed in bankruptcy, appeals court rules • 2nd Circ. Deals Blow To Navient's Student Loan Collections • Appeals Court Rules Private Loans Dischargeable in Bankruptcy
(DBN)

Consensus Builds That Some Private Student Loans Can Be Wiped Out in Bankruptcy
(WSJ)

Another Bankruptcy Court Rules in Favor of Discharging Student Loan Debt.
(DBN)

Almost nobody is repaying their student loans
(DBN)

Student loan forgiveness: Biden promise to forgive $10,000 in debt remains unfulfilled
(DBN)

Biden administration drops appeal of legal decision granting former Corinthian Colleges students debt relief
(DBN)

____________

Tax:

Protecting Net Operating Losses in Distressed Investments
(DBN)

Democratic Senators Call for Investigation of Tax Avoidance by the Ultrawealthy
(DBN)

Mapped: The World’s Biggest Private Tax Havens
(DBN)

____________

Agribusiness:

$210 million sale of prime Washington farmland to LDS church approved
(DBN)

____________

Aviation:

American Airlines cancels flight attendants' voluntary leaves, plans to hire 800 to meet travel demand • American Airlines asks crew on voluntary leave to return by December - letter
(DBN)

FAA orders checks on 9,300 Boeing 737 planes for possible switch failures
(DBN)

Biden Says His Covid Team is Weighing Lifting Europe Travel Ban
(DBN)

Delta Seeks to Cut Pandemic Debt Burden With Bond Buyback
(DBN)

The European Commission approves a fifth aid to Alitalia
(DBN)

EU probes 3.2 billion euro restructuring aid for airline TAP
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 9% Compared to Same Week in 2019
(DBN)

Accor Impeded Ch. 11 Case, Calif. Hotel Says
(DBN)

____________

Fraud:

Scammers stole record $4.2 billion in 2020: report
(DBN)

____________

Education:

Many Americans embrace falsehoods about critical race theory • Contrary to reports, most Americans not worked up over Critical Race Theory
(DBN)

____________

Celebs:

Girardi Keese Bankruptcy Trustee Sues Erika Girardi Over Lottery Payments • Erika Jayne Accused of Conspiring to Conceal Assets, Owing $25 Million to Tom Girardi's Law Firm
(DBN)

____________

Healthcare:

'Naturopathic Doctor' Charged in Fake Vaccine Card Scheme Told Customers That Pellets with COVID-19 Inside Would Yield 'Lifelong Immunity': DOJ
(DBN)

____________

Cannabis:

Illegal pot invades California’s deserts, bringing violence, fear and ecological destruction
(DBN)

____________

Sovereigns:

IMF says talks with Argentina aimed at new loan program
(DBN)

Paris Club creditors to cancel $14 bln owed by Sudan
(DBN)

____________

UK:

London Lags Rest of the U.K. in Creating Post-Pandemic Jobs
(DBN)

____________

Australia:

Australia was a pandemic hero, but now mixed messages and rising cases are muddying the picture
(DBN)

____________

Canada:

Considerations if you want a claim grounded in fraud to survive a debtor’s bankruptcy
(DBN)

Hunt for indigenous children's unmarked graves in Canada 'barely scratched the surface' -researcher
(DBN)

Wealth tax proposed for Canada's 'ultra rich'
(DBN)

____________

Spain:

As Spain's beaches fill up, a seaside resort sends in the drones
(DBN)

____________

Haiti:

Colombian Ex-Soldiers Implicated in Haiti Assassination Received U.S. Military Training • Miami security firm faces questions in Haiti assassination • Suspects in Haitian President’s Killing Met to Plan a Future Without Him • Biden: US will protect Haiti embassy, won’t send troops • Records reveal how Haitian American held in assassination probe financed a 'personal security' team • The man suspected of masterminding the Haiti assassination told police he didn't know anything about the attack, report says, as his brother claims he was framed
(DBN)

____________

Cuba:

Cuba Eases Food and Drug Import Restrictions After Mass Protests • Cuba’s leader lays some blame for protests on his government • Artists laid the foundation for Cuba’s protests. An economy in free fall and the pandemic ignited it • "No more lies": What drove Cubans to the streets • Biden Considering U.S. Intervention in Cuba As Anti-Government Protests Spread • Alexandria Ocasio-Cortez Calls for End to 'Absurdly Cruel' Cuban Embargo
(DBN)

____________

MENA:

U.S. point person on Israel-Palestine says PA facing dangerous economic crisis
(DBN)

Israel has denied certain married couples the right to live together. Some hide. Others break up.
(DBN)

Gen. Milley Talked Trump Out of Hitting Iran
(DBN)

____________

Brazil:

Creditors in Brazil miner Samarco oppose restructuring plan
(DBN)

____________

China:

How Defaults in China Are Reshaping Its Credit Market
(DBN)

____________

India:

New IBBI rule restricts bankruptcy administrators’ assignments
(DBN)

____________

France:

France Considering Fining Businesses Over $53K for COVID Violations
(DBN)

____________

Indonesia:

Indonesia Passes Brazil With Most New Covid Cases in World
(DBN)

____________

Singapore:

Singapore to Reimpose Some Restrictions Amid Karaoke Cluster
(DBN)

____________


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