July 23, 2021

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Biglaw Firm's Hybrid Reopening Policy Will Allow Lawyers To Control Their Own Schedules
(DBN)

Sorry, Morgan Stanley: One Big Law Virtual Office Is Booming
(DBN)

These Law Firm Leaders Are Pushing Back Against the 'Back to Office' Message
(DBN)

Slaughter and May boosts NQ salary to £100,000
(DBN)

A Conversation with Jan M. Hayden: Making Dollars and Cents of a 40-Year Career in Bankruptcy and Restructuring
(DBN)

Ex-LeClairRyan General Counsel Pleads Guilty to Obstruction • Ex-LeClairRyan CLO pleads guilty to obstruction of bankruptcy embezzlement probe
(DBN)

Top 25 Biglaw Firm Will Roll Out 3-Day, In-Office Workweek Plan In September
(DBN)

Glitch causes Norton Rose Fulbright to misgender staff
(DBN)

'A Message Men Are Not Given': Why a Call on Lawyer Moms to 'Be Team Players' Missed the Mark
(DBN)

This Biglaw Firm Won't Require Attorneys To Work A Set Number Of Office Days
(DBN)

Cooley Says No Office Requirement for 2021, but Those Who Do Go In Must Be Vaccinated
(DBN)

The Biglaw Firms That General Counsel Recommended Most During The Pandemic (2021)
(DBN)

This Biglaw Firm Isn't As Prestigious As It Used To Be
(DBN)

This Biglaw Firm Had A Banger 2020, Getting Even More Prestigious During The Pandemic
(DBN)

Kossoff Can't Plead The 5th As Bankruptcy Executor • Embattled real estate lawyer Kossoff can't shield docs in bankruptcy
(DBN)

Summer Associate Hiring Was Down This Year, But Will It Make A Comeback?
(DBN)

TX Attorney General Ken Paxton Files Fake Election Suit, Gets Real Bar Complaint
(DBN)

Dentons rubbishes claim its CEO quit in response to forgery case
(DBN)

Lawyer cleared of harassment for venting fury at official
(DBN)

Questions To Ask Before Going In-House
(DBN)

Law School Sues Government For Right To Get Back To Collecting Tuition While Students Fail The Bar
(DBN)

3 murder cases are dismissed in a week partly because of absent or unprepared prosecutors • St. Louis Judge Dismisses Murder Charges, Blames No-Show Prosecutor: Kim Gardner’s Office 'Abandoned Its Duty'
(DBN)

Assistant Attorney General in Alaska Was Behind Antisemitic, Racist Right-Wing Twitter Account: Report
(DBN)

Law firms see spike in fraudulent unemployment claims
(DBN)

Lawyer tweets that minorities don’t have to feel guilty about BigLaw career, garnering over 1,200 likes
(DBN)

Top state court is second to rule that gas stations can be liable for selling fuel to drunken drivers
(DBN)

After being denied Title IV funds, Florida Coastal sues Education Department
(DBN)

Trump says he spoke to a 'loving crowd' at Jan. 6 rally • House erupts in anger over Jan. 6 and Trump's role • Pelosi says GOP antics won't stop Jan. 6 panel's work • Tucker Carlson calls Black officer attacked on Jan. 6 an 'angry left-wing political activist' • Tucker Carlson attacks Black officer who says he was called the N-word during the Capitol riot • Officials arrest man who allegedly attacked officers with a metal rod during Capitol riot • FBI Report Shows Explosive Components Allegedly Found in Home of Ex-Cop Charged in U.S. Capitol Breach • Pelosi says Jan. 6 panel to move ahead without GOP’s choices • Pelosi considers adding more Republicans to Jan. 6 committee
(DBN)

Police used him as an informant when he was 14. Now 'White Boy Rick' is suing them for $100 million.
(DBN)

Self-proclaimed 'incel' planned to kill sorority girls at an Ohio university, feds say
(DBN)

Ex-Fox News Staffer's Lawyer Tells Judge Ed Henry's Conduct Was 'Weinstein-esque, but Worse'
(DBN)

Black officers say CBP forced them to profile. A study in one state backs them up
(DBN)

Sundown Towns Are Still A Problem For Black Drivers
(DBN)

Body Cam Video Shows Colorado Police Officer Tasing Unarmed, Unclothed 75-Year-Old Man in His Apartment Before Moving a Weapon into the Hallway
(DBN)

NYC sent non-police teams to respond to mental health calls for a month. Data shows that more people got help and fewer were hospitalized.
(DBN)

White woman granted probation for spitting on Black woman
(DBN)

Trump supporter refuses judge's order to take down Biden attack banners
(DBN)

Biden administration takes aim at 'straw' purchasers of guns used in crimes • The Justice Department is tackling a rise in violent crime by launching gun trafficking 'strike forces' in five cities
(DBN)

‘I Fear Getting Hit From Behind’: Chicago Area Expressway Shootings At An All-Time High
(DBN)

FBI agent in Whitmer kidnapping case arrested after allegedly beating wife after swingers' party
(DBN)

Ransomware victim Kaseya gets master key to unlock networks
(DBN)

Targeted for his Twitter handle, man dies after 'swatting' call sends police to his home
(DBN)

Teen Who Made Fake Call to Police in Extortion Attempt for Twitter Handle Gets Sent to Prison After 60-Year-Old Man Dies
(DBN)

'Delta Variant Is on the Loose': Federal Appeals Court Questions Whether Order Blocking Pa. Lockdown Is Still Relevant as Cases Surge
(DBN)

Mississippi urges Supreme Court to toss out Roe v. Wade • With Justice Amy Coney Barrett on the Bench, Mississippi Boldly Asks the Supreme Court to Scrap Roe v. Wade
(DBN)

'She Was Sticking to the Seat’: Kentucky Man Charged with Leaving Disabled Wife in Car for Five Days
(DBN)

Federal Judge Rules Against West Virginia’s 'Save Women’s Sports Bill': Transgender Girl Must Be Allowed to Try Out for Girls' Team
(DBN)

______________

Judges:

Secretary Accuses Former Judge of Rape, Demanding Oral Sex as 'Part of Her Job' to 'Assist Him in Relieving His Stress'
(DBN)

Details on F.B.I. Inquiry Into Kavanaugh Draw Fire From Democrats • FBI Admits It Got 4,500 Tips on Brett Kavanaugh—Then Punted Them to Trump Team • Democratic senators want to know more about over 4,500 Kavanaugh tips collected by FBI
(DBN)

An Update on Courts' Pandemic Practices
(DBN)

Biden's Quiet Drive to Install Federal Judges
(DBN)

Progressives Look to Next Term to Keep Focus on Supreme Court
(DBN)

______________

Wall Street:

Dow futures rise more than 150 points as stocks go for 4-day winning streak
(DBN)

Whiff of danger as market gains lack scope
(DBN)

______________

Healthcare:

The Biden administration considers stricter mask guidance as the delta variant drives a spike in COVID-19 cases
(DBN)

July 22nd COVID-19, New Cases, Hospitalizations, Vaccinations
(DBN)

Three states are seeing about 40% of the country's new Covid-19 cases
(DBN)

Philly Hospitals To Mediate Owner Issues In Ch. 11 Case
(DBN)

Pressure mounts for DeSantis in Florida • COVID Hospitalizations Triple In South Florida Since Beginning Of July
(DBN)

Mayo Clinic expert warns delta variant will infect everyone who is not immune
(DBN)

“Don’t You Work With Old People?”: Many Elder-Care Workers Still Refuse to Get COVID-19 Vaccine
(DBN)

Delta variant is one of the most infectious respiratory diseases known, CDC director says • ‘I think people are underestimating how bad this is going to get’: Dr. Ashish Jha on the delta variant
(DBN)

Young people intubated with Covid-19 should be 'a gigantic wakeup call,' Alabama doctor says
(DBN)

New Jersey officials say nearly 50 fully vaccinated residents have died from COVID-19
(DBN)

Should you be worried about Covid if you're vaccinated? Experts explain breakthrough cases
(DBN)

Vaccinations rise in some states with soaring infections
(DBN)

C.D.C. Director Warns U.S. at ‘Another Pivotal Point’ in Pandemic
(DBN)

White House boosts funding for Covid tests as infections continue to surge
(DBN)

Las Vegas officials decide against mask mandate for tourists on Strip, in casinos
(DBN)

Nightclubs are a new battleground against Covid, but the young yearn for freedom
(DBN)

Poll: Nearly 3 in 4 support reinstating mask mandates if COVID-19 cases rise
(DBN)

China rejects WHO push for more investigation into covid origins in Wuhan
(DBN)

Fauci says vaccinated people 'might want to consider' wearing masks indoors as delta variant surges in U.S.
(DBN)

Trust in Fauci, federal health agencies strong: poll
(DBN)

Study: Pfizer vaccine 88 percent effective against delta variant
(DBN)

Death rates soar in Southeast Asia as virus wave spreads
(DBN)

___________


Economy:

Weekly Initial Unemployment Claims increase to 419,000 • US jobless claims rise to 419,000 from a pandemic low • U.S. weekly jobless claims hit two-month high; continuing claims fall • Unemployment claims jumped to 419,000 last week, a sudden increase reflecting an unsettled labor market • Unemployment benefits claims unexpectedly rose last week
(DBN)

IMF says Fed needs to be careful when communicating plans to remove easy monetary policy
(DBN)

The U.S. corporate debt market is at an inflection point
(DBN)

People didn't rush back to work when their unemployment benefits were cut early, a new study finds, despite what some GOP governors predicted
(DBN)

Biden on the worker shortage: Pay $15 an hour or 'be in a bind for a little while'
(DBN)

What to say when someone tells you 'people don't want to work right now'
(DBN)

Most Americans don't want the government to send checks to families forever, survey finds
(DBN)

Biden says he's 'tired of trickle down' leaving out the middle class: 'Just pay your fair share'
(DBN)

Here’s what’s next for the bipartisan infrastructure plan after setback in the Senate
(DBN)

GOP's Line in the Sand Over Debt Ceiling
(DBN)

NRCC poll: 70 percent of voters say they are concerned about inflation
(DBN)

Embedded as a risk, new COVID cycle could challenge Fed, recovery
(DBN)

Biden administration releases COVID funds to boost local economies
(DBN)

Why Democrats' $3.5 trillion reconciliation bill is a losing game
(DBN)

AP-NORC poll: Parties split on some infrastructure proposals
(DBN)

Report to work, quit or be fired: Our boss just gave us an ultimatum
(DBN)

Coronavirus variant imperils federal government's back-to-the-office plans
(DBN)

Spending to fight U.S. unemployment fraud brings boost, scrutiny to Alphabet-funded ID.me • Factbox-Five ways fraudsters try to claim U.S. unemployment benefits
(DBN)

Time waited for no mom in 2020
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

9th Cir. Holds Mortgagee May Challenge HOA Foreclosure Sale That Violates Bankruptcy Automatic Stay
(DBN)

U.S. existing home sales rebound moderately in June • NAR: Existing-Home Sales Increased to 5.86 million in June • Comments on June Existing Home Sales
(DBN)

One homebuilding giant is turning down orders due to red-hot demand
(DBN)

Black Knight: National Mortgage Delinquency Rate Decreased in June
(DBN)

D.R. Horton Slows Home Orders Due to Supply Constraints
(DBN)

NMHC: July Apartment Market Tightness Index Highest on Record
(DBN)

New York’s retail rents set another record low, but restaurants are starting to sign leases again
(DBN)

Americans are binging on big houses, and it's locking millennials out of the housing market
(DBN)

America’s low-income housing stock is very old
(DBN)

Another Surfside Condo Evacuated After Building Deemed Unsafe
(DBN)

Palm Beach Real Estate Is So Hot, At Least 22 Homes Sold for $40M-Plus Since Covid
(WSJ)

Most expensive Manhattan listing drops for $169M
(DBN)

Nightmare darkens for largest Brooklyn condo project of 2019
(DBN)

____________

Municipalities:

Potential Obstruction and Coverup: Top Officials' State-Issued Phones Mysteriously 'Wiped' of Data in Flint Water Crisis Probe
(DBN)

____________

Oil/Gas:

Mercedes Benz going all-electric by 2025 • Mercedes-Benz hits accelerator in e-car race with Tesla
(DBN)

No, charging an electric car doesn't produce more carbon than driving a regular one
(DBN)

Electric car sales in the US will overtake those of combustion vehicles by 2036, according to an EY report
(DBN)

____________

Sports:

NFL warns teams could forfeit games if Covid outbreaks occur among unvaccinated players • DeAndre Hopkins questions his NFL future after league announces strict COVID-19 penalties, plus more reaction
(DBN)

The new Olympic motto: Should this even be happening?
(DBN)

Tokyo Olympics teeter on the edge of being both a psychological and political drama
(DBN)

Forced to play in 'panties,' the Norwegian beach handball team decided they'd had enough
(DBN)

Tokyo new virus cases near 2,000 a day before Olympics open
(DBN)

Hours before Tokyo Olympics opening ceremony, IOC says all possible safety measures have been taken • What it's like inside the opening ceremony of the Tokyo Olympics
(DBN)

Olympics greet visitors with app chaos
(DBN)

____________

Religion:

US churches reckon with traumatic legacy of Native schools
(DBN)

N.M. lawmaker denied Communion over abortion vote
(DBN)

____________

Food/Beverage:

A 19-year-old fast food boss says he expects to lose half his staff in the next few weeks, as the labor shortage continues to hammer restaurants
(DBN)

____________

Mass Torts:

How bankruptcy could help Johnson & Johnson corral vast talc litigation
(DBN)

System failure: How federal laws shield sexual predators like Dr. Larry Nassar
(DBN)

____________

Rail:

U.S. railroad operator Union Pacific’s quarterly profit jumps 59%
(DBN)

____________

Movie Theaters:

The Damaging AMC Entertainment Data Point No One Is Paying Attention To
(DBN)

____________

Maritime:

Bouchard creditors object to designation of stalking horse bidder
(DBN)

____________

Utilities:

FirstEnergy facing federal charges in bribery scheme, fined $230 million
(DBN)

____________

Corporate Governance:

Firms take more risks when their directors face bankruptcy at another firm
(DBN)

____________

Pharma:

$35M settlement reached in Tennessee opioid lawsuit • Drugmaker Endo settles opioid claims by Tennessee counties, cities for $35 million
(DBN)

What Drug Companies Have Paid to Settle Claims Over U.S. Opioid Crisis
(DBN)

States, Municipalities Have 30 Days to Weigh $26B Opioid Deal with Major Drug Firms
(DBN)

____________

Hotels:

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

____________

Transit:

US Pedestrian Deaths at Epidemic Levels
(DBN)

____________

 
New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (5 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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 keep falling, but increase could be looming
(DBN)

______________

Cross-Border:

U.S. Bankruptcy Court Refuses to Enforce Order Approving Indonesian Debt Restructuring Plan Due to Third-Party Releases
(DBN)

U.S. Bankruptcy Code Tolling Provision Applies in Chapter 15 Case to Extend Deadlines Under Foreign Bankruptcy Law
(DBN)

Illinois Bankruptcy Court Examines Statutory Authority for Enforcing Foreign Bankruptcy Court Orders in Chapter 15 Cases
(DBN)

____________

Safe Harbors:

Setoffs Under Shari'a-Compliant Investment Contracts Not Safe Harbored in Bankruptcy
(DBN)

____________

Venue:

Bankruptcy Venue Reform Redux
(DBN)

____________

SCOTUS:

U.S. Supreme Court Declines Review of High-Profile Bankruptcy Rulings
(DBN)

____________

Standing:

Voting Right Assignment Unenforceable, But Subordinated Creditor Lacked Standing to Participate in Chapter 11 Plan Confirmation Process
(DBN)

____________

Interest:

Conflicting Rulings on Applicable Rate of Postpetition Interest Set the Stage for Hertz Post-Confirmation Interest Rate Litigation
(DBN)

____________

D&O:

Is Your D&O/Lender Liability Coverage High Danger Proof?
(DBN)

____________

Aviation:

American, Southwest post quarterly profits, boosted by travel surge, federal aid • American Airlines beats second-quarter revenue estimates as travel recovers • Southwest Airlines losses narrow as leisure travel bounces back
(DBN)

Viral video shows American Airlines agent refer booted passenger to a different carrier
(DBN)

American Airlines looking to add 1,350 pilots by next year
(DBN)

EU antitrust regulators extend deadline for IAG-Air Europa deal to Dec. 3
(DBN)

Americans Can't Travel Because State Department Employees Won't Work
(DBN)

____________

Student Debt:

What does the Homaidan case change about private student loans in bankruptcy?
(DBN)

3 people on how ending the COVID-19 student-loan forbearance will impact their lives and finances
(DBN)

____________

Retailing:

Forever 21 To Liquidate After Ch. 11 Plan Falls Through
(DBN)

U.S. retailers scramble to stock shelves as kids head back to school
(DBN)

Rue21 Sets a ‘Risk-free’ Return to Store Openings

'Murdered While Doing His Job': Calif. Rite Aid Employee Fatally Shot After Confronting Shoplifters
(DBN)

____________

Climate:

Next heat dome to build across Lower 48, aggravating drought, fires
(DBN)

In America's least air-conditioned cities, brutal heat changes some people's minds
(DBN)

Struggling global covid-19 response dims hopes for climate change action
(DBN)

Tokyo Olympics: fears athletes could face hottest Games on record
(DBN)

Extreme weather wreaks havoc worldwide as climate change bears down
(DBN)

Western wildfires grow, but better weather helps crews
(DBN)

____________

Politics:

Businesses condemned Georgia's voting law, then gave thousands to its backers
(DBN)

Senate braces for a nasty debt ceiling fight
(DBN)

Poll: Majority in key House districts back bipartisan infrastructure deal
(DBN)

Wide partisan divide on whether voting is a fundamental right or a privilege with responsibilities
(DBN)

Tom Barrack Held Forth on Trump, Real Estate Just Days Before Arrest
(DBN)

Biden pokes at Fox hosts: They've had 'altar call' on vaccines
(DBN)

As GOP supporters die of Covid, the party remains split in its vaccination message
(DBN)

Critical race theory becomes focus of midterms
(DBN)

Trump PAC has not used any of the $75M its raised this year to help fund election audits: report
(DBN)

Major Democratic Party Donor Ed Buck Played Sex Game Where He Tested How Much Meth He Could Get Homeless Black Men to Smoke and Inject Before They Died: Prosecutors
(DBN)

Almost half of DeSantis' PAC money is from out of state
(DBN)

California's recall circus
(DBN)

Florida and Texas Threaten Sanctions Against Ben & Jerry's Over Israel Boycott
(DBN)

____________

UK:

UK's Johnson urges EU to consider post-Brexit proposals seriously
(DBN)

UK’s Workspace sees some signs of recovery in demand in London
(DBN)

____________

EU:

ECB pledges low rates for longer, warns about Delta variant
(DBN)

ECB promises even longer support for euro zone economy
(DBN)

____________

Italy:

Italy to require COVID-19 ‘pass’ for many activities
(DBN)

____________

Brazil:

YouTube removes videos posted by Brazilian President Jair Bolsonaro that spread coronavirus misinformation
(DBN)

____________

Israel:

Israel to reinstate Covid-19 'Green Pass' vaccine certificates as Delta variant hits
(DBN)

____________

India:

IBBI provides more flexibility to insolvency professional eligibility criteria
(DBN)

A Post-Pandemic Assessment Of The Insolvency And Bankruptcy Code
(DBN)

What critics of Insolvency and Bankruptcy Code get wrong about the recovery model
(DBN)

5 years of IBC: Insolvency law has helped improve recoveries, but delays disappoint
(DBN)

____________

Singapore:

Singapore retailers are reeling from Covid measures as sales drop 70% for some
(DBN)

____________

France:

Anger over COVID rules gives new impetus to France's Yellow Vests
(DBN)

___________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2021