July 30, 2021

The Daily Bankruptcy News

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Law:

Hogan Lovells Delays Office Return Date, Requires Vaccinations
(DBN)

The Thing That Matters The Most In The Associate Lateral Market • Prestige Still Beats ‘Quality of Life’ in Big Law Talent War
(DBN)

2021 state of the profession report shows how COVID-19 affected older lawyers’ retirement plans
(DBN)

Covington & Burling hikes associate salaries to £225,000
(DBN)

Should Vaccines Be Mandatory To Protect The Public? New York State Bar Seems To Thinks So
(DBN)

At These Remote-Flexible Firms, Associate Development Takes a Front Seat
(DBN)

Reed Smith agrees to repay furlough cash after public shaming
(DBN)

Legal powerhouse Fried, Frank signals faith in FiDi with lease renewal
(DBN)

There Are More Women Lawyers Than Ever, and They're Not Pleased With Legal Industry Norms
(DBN)

Closing a Sale? The No. 1 Rule to Remember
(DBN)

Firm seeks work on National O Day
(DBN)

Woman went to law school so she could help fight for her transgender daughter’s rights
(DBN)

A Judge Questioned If Capitol Rioters Are Getting Off Too Easy For “Terrorizing Members Of Congress” • A former New York Senate candidate stormed the Capitol, then asked friends to delete video evidence, feds say • Jan. 6 select-panel Dems confident they can corral ex-Trump aides • After police rip Trump for Jan. 6, McCarthy again blames Pelosi • Trump: Jan. 6 Cops Who Spoke to Congress Are ‘Pussies’ • Gaetz, Greene and Gohmert turned away from jail to visit Jan. 6 defendants • Laura Ingraham says Capitol police beaten by Trump mob have ‘nobody to blame but themselves’
(DBN)

Attorney Who Sought to Sideline Joe Biden, Install Pro-Trump Lord of the Rings 'Stewards' Drops Similar Election Lawsuit
(DBN)

Detroit Flays Kraken Lawyers In Newest Sanctions Filing
(DBN)

A Texas deputy attorney general called Simone Biles a 'national embarrassment.' His boss publicly disagreed.
(DBN)

U.S. expected to keep border expulsions policy as Delta variant cases surge
(DBN)

Biden is turning back Haitian migrants at sea
(DBN)

Is Merrick Garland letting Trump’s people off the hook?
(DBN)

Capitol Police asked to arrest the maskless
(DBN)

Harvey Weinstein wins dismissal of one sexual assault charge in Los Angeles
(DBN)

A Texas GOP Bill Would Make It Harder For Nonprofits To Bail People Out Of Jail
(DBN)

11th Circuit rules for Southern Poverty Law Center in defamation suit over hate group designation
(DBN)

‘Making a Murderer’ subject Steven Avery loses appellate bid for new-trial hearing; his lawyer is undeterred
(DBN)

Star sommelier arrested after video captures him setting fires at New York restaurants
(DBN)

As violent crimes surge, Californians' faith in gun control slips in new poll
(DBN)

Remington's offer to settle suit with 9 Sandy Hook families is not the end of the case: Here's why
(DBN)

What Philadelphia Reveals About America’s Homicide Surge
(DBN)

228 GOP lawmakers call on Supreme Court to overturn Roe v. Wade • DeSantis signs onto Supreme Court brief supporting Mississippi effort to toss out Roe v. Wade
(DBN)

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Judges:

BK FL ND: Masks Required in Public Spaces for Vaccinated and Unvaccinated Persons
(DBN)

Federal judge bashes Kramer Levin lawyers, even as he denies sanctions for their conduct
(DBN)

Judge Cautions Joe Biden And The State Of Texas To Bring Pants To Scheduling Conference
(DBN)

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Wall Street:

Nasdaq futures fall more than 1% as stocks try to round out strong July
(DBN)

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Food/Beverage:

Danny Meyer restaurants will require vaccine proof for diners and employees • Danny Meyer: If you want to be unvaccinated, 'you can dine somewhere else'
(DBN)

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Religion:

Ex-Cardinal Theodore McCarrick charged with molesting teen boy in 1974 • Ex-Cardinal Theodore McCarrick Criminally Charged with Sexually Assaulting Teenager During a Wedding Reception in the '70s
(DBN)

Catholic Priest Accused Residential School Survivors of Lying About Sex Abuse for Compensation
(DBN)

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Healthcare:

Medical debt was cut nearly in half in states that expanded Medicaid
(DBN)

South leads surge of hospitalizations • Florida Covid Cases Soaring
(DBN)

U.S. Doctors Lose Patience as They Confront Vaccine Hesitancy
(DBN)

Vaccine mandates are popular
(DBN)

The Republicans' mixed mandate message
(DBN)

What if the Unvaccinated Can’t Be Persuaded?
(DBN)

Biden calls on states to offer $100 vaccine incentives
(DBN)

The 4 main fault lines that divide the vaccinated and the unvaccinated
(DBN)

Ravages of COVID surge evident inside Missouri hospital
(DBN)

Some U.S. Hot Spots Near Point Where U.K.’s Delta Surge Reversed
(DBN)

3 Questions That Must Be Answered for Mask Mandates to Work
(DBN)

CDC mask decision followed stunning findings from Cape Cod beach outbreak • Unraveling the Mysterious Mutations That Make Delta the Most Transmissible Covid Virus Yet • CDC internal report calls delta variant as contagious as chickenpox
(DBN)

Masks should be worn in 70 percent of US counties: CDC
(DBN)

America's new approach to masks is even more scattershot than before
(DBN)

World races to contain Delta variant, US steps up anti-virus plan
(DBN)

How contagious is the delta variant? It isn’t easy to quantify
(DBN)

Broward Mayor Steve Geller Says There Will Be A Mask Mandate • Florida officials defy DeSantis as infections spike
(DBN)

Texas governor threatens to fine local officials who enforce new mask mandates
(DBN)

DC brings back indoor mask mandate starting Saturday • DC Mayor's new mask mandate sparks immediate backlash
(DBN)

Biden to announce federal employees must get vaccinated or face repeated testing • Biden federal worker vaccination push to affect millions • Biden pushing federal workers — hard — to get vaccinated • Biden's vaccine rule draws both cheers and resistance from federal workers
(DBN)

Biden Orders Military to Move Toward Mandatory COVID Vaccine
(DBN)

Biden’s COVID-19 strategy thwarted by anti-vaxxers, Delta variant
(DBN)

St. Louis public health leader said a mob called him racist slurs for promoting masks: 'We are not the enemy'
(DBN)

U.S. pole vaulter Sam Kendricks out of Tokyo Olympics after positive coronavirus test
(DBN)

Smithsonian to require all visitors to wear masks indoors starting Friday, even if they're vaccinated
(DBN)

Dozens of cases across US linked to Christian summer camp
(DBN)

Man with double insurance still owes nearly $150,000 in medical bills after bike crash • A Cyclist's Olympic Dream Becomes A $200,000 Medical Bill Nightmare
(DBN)

Blinken says US supports WHO probe into COVID origins
(DBN)

Covid Misinformation Comes From the Top, Too
(DBN)

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Politics:

Charlie Kirk's pro-Trump youth group stokes vaccine resistance as covid surges again
(DBN)

GOP Rep. Adam Kinzinger says most Republicans in Congress privately don’t believe Trump’s election-fraud claims but repeat them in public anyway
(DBN)

Trump takes two punches from GOP
(DBN)

Trump's Republican critics rake in cash
(DBN)

CDC mask guidance met with hostility by leading Republicans • GOP lawmaker challenges McCarthy over 'bulls---' mask mandate enforcement • Yelling, Throwing, Tweeting: The Day Masks Returned to Congress • Capitol Police ordered to arrest staff and visitors not wearing masks after new House mandate
(DBN)

The pandemic leads to another summer of anger
(DBN)

Texas Gov. Abbott issues executive order prohibiting cities from requiring masks, vaccines
(DBN)

Abbott Uses Covid to Restrict Migrant Travel • DOJ Threatens Abbott Over Migrant Travel
(DBN)

Masks on. Masks off. Masks on again at the White House as Delta threat grows
(DBN)

Texas Dems to huddle with Clintons, Abrams as they bid to regain momentum
(DBN)

Arizona vote review is being financed by Trump supporters • Republican-led Arizona ballot review grinds to rocky conclusion, with results expected next month
(DBN)

Simone Biles and the MAGAverse’s Fetish of Toughness
(DBN)

Pennsylvania Republican: Election audit happening without 'credible evidence of fraud'
(DBN)

MyPillow CEO to pull ads from Fox News
(DBN)

COVID-19 is crushing red states. Why isn’t Trump turning his rallies into mass vaccination sites?
(DBN)

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Economy:

BEA: Real GDP increased at 6.5% Annualized Rate in Q2 • U.S. economy grew annual 6.5% between April and June, marking full recovery from the pandemic • U.S. economy grows solidly in second quarter; labor market healing • A Few Comments on Q2 GDP • Consumers were a big factor in the second-quarter G.D.P. expansion • U.S. GDP Trails Forecast Even as Consumer Spending Surges • Economy is now bigger than pre-pandemic, but virus could still be factor
(DBN)

Economist James Glassman says economy springing back to life quickly
(DBN)

Powell: “Ground to cover” before tapering asset purchases • Fed's Powell bets economy will navigate new coronavirus surge
(DBN)

Poll: 60 percent say child tax credits are too expensive and not needed anymore
(DBN)

If we want kids back in school and the economy to prosper, more of the US needs to get vaccinated, expert says
(DBN)

U.S. Corporate Profit Growth Revised Higher in Annual GDP Update
(DBN)

Weekly Initial Unemployment Claims decrease to 400,000 • US jobless claims down 24,000 to 400,000 as economy recovers
(DBN)

Growth Is Strong, but the Obstacles to Full Recovery Are Big
(DBN)

Schumer says he has votes for moving $3.5 trillion package
(DBN)

Biden ignores the ‘shiny objects’ and nears a bipartisan win • How a Coalition of Business and Labor Groups Helped Save the Infrastructure Bill • What’s in the new infrastructure bill — and why it’s a big deal • Trump blows fuse over GOP moving forward on infrastructure deal • Top Democrat: 'A lot of spin' coming from White House on infrastructure • These could be the biggest beneficiaries of the infrastructure bill
(DBN)

Democrats warn shrinking Biden's spending plan could backfire • Pelosi and Sanders brace for Democratic upheaval over Biden agenda
(DBN)

NYC Mayor Sees More Businesses Barring Unvaccinated Customers • NYC’s Top Dining Rooms Will Start Requiring Proof of Vaccination • De Blasio: New Mask Guidance In NYC May Come Monday As More Places Require Vaccinations Or Weekly Testing
(DBN)

New CDC indoor mask rule may threaten economic momentum and upend return-to-work plans
(DBN)

Virus surge upends plans for getting workers back to offices
(DBN)

LinkedIn allows employees to work fully remote, removes in-office expectation
(DBN)

Twitter closes its New York and San Francisco offices as virus resurges
(DBN)

Google and Facebook lead the way with Covid-19 vaccine mandates. Will corporate America follow?
(DBN)

Citi Reinstates Mask Requirement in Offices After CDC Update
(DBN)

Uber will require vaccines for returning U.S. workers
(DBN)

Surprising inequities in compensation
(DBN)

Job Applicants With ‘Black Names’ Still Less Likely to Get Interviews
(DBN)

No end to global chip shortage before H1 2023, STMicro CEO says
(DBN)

A California city raised essential worker pay — and their expectations
(DBN)

Is McKinsey wrong about the financial benefits of diversity?
(DBN)

House passes sprawling spending bill ahead of fall shutdown fight
(DBN)

Biden backs effort to include immigration in budget package
(DBN)

Here's how countries around the world have approached vaccine mandates
(DBN)

Caterpillar earnings soar as global recovery boosts equipment demand
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

NAR: Pending Home Sales Decreased 1.9% in June • U.S. Pending Home Sales Decline Unexpectedly on Record Prices • Pending home sales drop in June — more evidence of a housing turnaround
(DBN)

Held in place by opposing forces, mortgage rates take a pause
(DBN)

Biden, Democrats mount last-minute effort to extend eviction moratorium • Biden urges Congress to extend eviction moratorium, saying his hands are tied by Supreme Court ruling • Biden Calls on Congress to Extend Moratorium on Home Evictions • Biden will let eviction ban expire as millions may lose homes • Biden to allow eviction moratorium to expire Saturday
(DBN)

The US eviction moratorium ends on July 31. Here’s what you need to know
(DBN)

Houston has the second most homes under threat of foreclosure, study finds
(DBN)

These states will still ban evictions after national moratorium lifts
(DBN)

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Municipalities:

Some of America’s shrinking towns are trying to lure remote workers with cash. It’s not going so great.
(DBN)

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Oil/Gas:

Big Oil back to boom after pandemic bust, aiding climate push • Big Oil Shows Confidence That the Era of Large Profits Is Back
(DBN)

Chevron tops estimates and announces buyback plan amid recovery in oil prices
(DBN)

Virus variant threatens to cool oil demand recovery: Reuters poll
(DBN)

Ex-Yukos Unit Wins New $5 Billion Court Judgment Against Russia
(DBN)

Chevron Taps Permian Chief to Run New Low-Carbon Division
(DBN)

Forgotten oil and gas wells linger, leaking toxic chemicals
(DBN)

Automakers to join Biden in 40 percent electric vehicle pledge: report
(DBN)

A Florida city wanted to move away from fossil fuels. The state just made sure it couldn’t.
(DBN)

____________

Pharma:

Attorney: $35M settlement was opioid firm's best, last offer
(DBN)

How Do You Solve a Problem Like the Sacklers?
(DBN)

____________

Theme Parks:

Masks are back at Disney World amid political tensions over coronavirus restrictions in Florida
(DBN)

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Utilities:

PG&E disputes plan for criminal charges in 2020 wildfire
(DBN)

Georgia nuclear plant cost tops $27B as more delays unveiled
(DBN)

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Celebs:

Erika Jayne's Husband Thomas Girardi Loses Signed Julia Roberts Erin Brockovich Movie Poster In Bankruptcy, Trustee Selling Off His Prized Possessions As Part Of Auction
(DBN)

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Movies:

Hollywood Productions Halted as Covid-19 Emerges on Sets Again
(WSJ)

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Hotels:

Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019
(DBN)

A TripAdvisor reviewer left a scathing one-star rating for a Marriott resort after witnessing a crocodile drag a guest into the ocean. The hotel apologized for an 'unpleasant experience.'
(DBN)

____________

Sports:

NFL QB Says He Only Got Vaccinated Because of League Pressure: ‘If You Don’t Fall In Line’ They’ll ‘Make Your Life Miserable’
(DBN)

Athletes face heatstroke, dehydration and exhaustion at the Tokyo Olympic Games
(DBN)

Sponsors praise Simone Biles after withdrawal • Simone Biles Got The 'Twisties' At The Tokyo Olympics. Here's What That Means
(DBN)

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Student Debt:

White House thinks extending student loan pause is a 'bad look'
(DBN)

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Hedge Funds:

Hear no evil, see no evil: How Credit Suisse ignored Archegos warnings • Credit Suisse Ignored Lesson From Hedge-Fund Hit Before Archegos • How Credit Suisse failed at basic risk management
(DBN)

____________

Retailing:

Shopping center CEO says foot traffic is back to pre-Covid levels as retail evolves
(DBN)

Amazon Maintains Profit Run, but Sales Miss Expectations in Pandemic First
(DBN)

Amazon Given Record $888 Million EU Fine for Data Privacy Breach
(DBN)

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Childcare:

Child-care centers struggle to staff up, fanning fears workers have left industry
(DBN)

____________

History:

Before the anti-CRT activists, there were White Citizens' Councils
(DBN)

____________

 
New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (17 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)

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Subchapter V:

Historical Prejudices Against Formerly-Successful Entrepreneurs Remain (In re Offer Space)
(DBN)

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Miscellaneous:

July 2021 - Recent Developments in Bankruptcy Law Update
(DBN)

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Venue:

Purdue Continues to Peddle Malarkey About Why It's in White Plains
(DBN)

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Bankruptcy Reforms:

Bankruptcy reform debate targets bad corporate actors, popular judges
(DBN)

Women Cancer Victims Opposed to Johnson & Johnson’s ‘Texas Two-Step’ Bankruptcy Ploy Urge Passage of Reforms Introduced by Warren, Durbin, Nadler, Blumenthal, and Maloney
(DBN)

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UST:

Paragon Offshore, plc: US Trustee Denied Quarterly Fees Based on Litigation Trust’s Payments to Its Beneficiaries
(DBN)

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Advisors:

The Consulting Business Booms Just as Consultants Disappear
(DBN)

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Valuation:

8th Cir. BAP Reverses Chapter 12 Plan Confirmation for Lack of Evidentiary Hearing on Disputed Collateral Values
(DBN)

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Aviation:

85% of flight attendants have dealt with an unruly passenger in 2021: Survey • In-flight tensions at historic high
(DBN)

Flight Attendants Want Jail Time for Abusive Passengers
(DBN)

BA-owner IAG more cautious on recovery than competitors
(DBN)

Air France-KLM narrows losses as bookings begin recovery
(DBN)

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Fraud:

Founder of embattled electric truck startup Nikola charged with fraud • ‘Do Something’: Nikola Chief Urged Executives to Keep Shares Up • Nikola Founder Trevor Milton Freed on $100 Million Bail
(DBN)

Notorious Los Angeles Art Dealer Douglas Chrismas Has Been Charged With Embezzling $260,000 From His Former Gallery
(DBN)

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Mass Torts:

Proof of Claim Bankruptcy Documents Ruled Discoverable with Redaction of Settlement Amounts and Sensitive Medical Information
(DBN)

Bayer posts extra $4.5 billion provision for Roundup litigation
(DBN)

More Cases Are Filed Against BSA Councils
(DBN)

____________

Education:

Florida county to require masks in schools, defying DeSantis
(DBN)

LAUSD To Require Students, Staff Be Tested Weekly For COVID When In-Person Instruction Resumes
(DBN)

Biden: 'Every school should be open' in the fall
(DBN)

As new school year looms, debates over mask mandates stir anger and confusion
(DBN)

William & Mary will require coronavirus vaccine before start of fall semester
(DBN)

____________

Climate:

Beetles, drought, and fires are a ticking time bomb in the West
(DBN)

‘Trying to survive’: Wells dry up amid Oregon water woes
(DBN)

Survivors of California’s deadliest wildfire haunted as new blaze nears: ‘I can’t do it again’
(DBN)

Heat dome sends temperatures soaring from Oregon to Louisiana
(DBN)

Investors overseeing $14 trln call for vote on company climate plans
(DBN)

____________

UK:

London's latest tourist attraction, a $3 million pile of mud, forced to close after just two days
(DBN)

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EU:

Eurozone Economy Showed Stronger-Than-Expected 2Q Rebound • Euro zone economy expands 2% in second quarter, rebounding from recession
(DBN)

Covid Vaccine Effort in Europe Confronts Anger, Disinformation and Suspicion
(DBN)

____________

Canada:

Bel-Habitat bankruptcy: ‘It sounds a lot like a Ponzi’
(DBN)

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Germany:

German inflation hits 13-yr high as Bundesbank frets about low ECB rates
(DBN)

Germany's Economy Expands Less Than Expected in Second Quarter
(DBN)

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Spain:

Spain's economy grows faster than expected in Q2
(DBN)

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Japan:

Japan set to extend coronavirus state of emergency in Tokyo, casting shadow over Olympics • Officials in Tokyo alarmed as virus cases hit record highs
(DBN)

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Thailand:

Thailand has sealed off the island of Phuket from the rest of the country just 30 days after opening it to tourists without quarantine
(DBN)

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Brazil:

Brazil registers strongest formal job growth in first half of year since 2010
(DBN)

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Israel:

Israel to give Covid booster shots to some as efficacy appears to wane
(DBN)

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Netherlands:

Facing predicted flow of bankruptcies
(DBN)

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Latin America:

A 36% Pay Cut Shows Pain for Millions of Latin American Workers
(DBN)

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Philippines:

Duterte Orders 13M Filipinos Into Lockdown
(DBN)

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China:

The First Test Case of the Cross-Border Arrangement Between Hong Kong and Mainland China on Insolvency and Restructuring Matters
(DBN)

Evergrande Shares, Bonds Slump Again on New Asset Freeze
(DBN)

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Hong Kong:

Another Million-Dollar Hong Kong Home Dangled to Boost Vaccinations
(DBN)

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India:

Hefty fine notified for bankruptcy agents
(DBN)

Why India's economy cannot afford another lockdown
(DBN)

____________

Australia:

Fines for breaching Sydney's lockdown are doubled and police are given extra powers to shut down businesses and worksites that don't follow the rules
(DBN)

Australia Sets 70% Covid Vaccination Target to Start Reopening
(DBN)

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North Korea:

North Korea's economy in crisis because of COVID-19, sanctions
(DBN)

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Israel:

Most Americans, including half of young Democrats, disapprove of Biden’s handling of recent Gaza crisis
(DBN)

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