June 1, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Some Biglaw Firms Will Still Be Holding Their Summer Associate Programs Virtually
(DBN)

Paul Hastings to Bring Lawyers, Staff Into Office in September
(DBN)

The Great Law Firm Reopening Tracker: Flexibility Is The Way Of The Future
(DBN)

Elliott, Apollo, Caesar's Palace and a Bunch of Bankruptcy Law Professors
(DBN)

16 BigLaw firms have no Black partners, including firm ranked No. 1 for diversity
(DBN)

Making The Most Of Your Working From Home Legal Practice
(DBN)

Who Is Better Compensated: Elite Biglaw Partners Or Top General Counsel?
(DBN)

The Bottom Half Of Biglaw Is Plugging Along
(DBN)

The Gap Between Growing Law Firms And Stagnant Ones Is All About Marketing
(DBN)

Always Mind Your Surroundings
(DBN)

New York Prosecutors Zero In On Trump’s Real-Life Wayne Manor
(DBN)

Watchdog pushes back on DOJ effort to block release of Trump obstruction memo
(DBN)

Attorney Admits D.C. Police Used Tear Gas on Protesters Near Trump's Controversial Church Photo Op DOJ Asks Judge to Dismiss Lawsuits Against Trump for Violent Clearing of Lafayette Square
(DBN)

Accused U.S. Capitol Rioter Charged With Spraying and Prodding Police, Then Taunting Them About the Second Amendment ‘2 If By Sea’: Oath Keepers Messages Shed New Light on Alleged Plot to Storm D.C. With Guns by Way of Potomac DOJ adds four defendants to Oath Keepers conspiracy case Lawyers for alleged Capitol rioters to blame election misinformation, conspiracy theories Defense for some Capitol rioters: election misinformation 70% of people charged in the Capitol riot were granted pretrial release
(DBN)

Supreme Court decision in major LGBT rights case seen as bellwether
(DBN)

Stephen Miller’s Legal Group Wins Injunction to Halt Race and Sex-Based Discrimination in Distribution of COVID Relief Funds
(DBN)

Since the nose doesn’t know pot is now legal, K-9s retire
(DBN)

‘I Could Make Up a Fake Arrest and Put You in Jail’: Police Chief Agrees to Plead Guilty to Threatening Arrest Over Negative Facebook Post
(DBN)

Tulsa marks race massacre centennial as US grapples with racial injustice Tulsa pastors honor ‘holy ground’ 100 years after massacre The Tulsa Race Massacre at 100 Black fear of Tulsa police lingers 100 years after massacre How Tulsa massacre spent most of last century unremembered Why it took 100 years for America to learn about the Tulsa massacre Nearly Two Dozen Black Massacres in History The true costs of the Tulsa race massacre, 100 years later Tulsa 1921: Thousands Lost Everything
(DBN)

New Oklahoma Law Sparks Debate Over Teaching About Tulsa Massacre
(WSJ)

100 Years Ago Racist Mobs Were Everywhere
(DBN)

Poll: Plurality says relations between police, people of color have gotten worse in last year
(DBN)

An off-duty Texas cop has been charged with shooting a woman during a roadside dispute
(DBN)

In wine country, a newspaper war brings down a mayoral 'prince' accused of sex abuse
(DBN)

Investigation underway after vandal hurls concrete slab at West L.A. synagogue
(DBN)

Tennessee Hat Shop Blasted for Selling Nazi-Style Jewish Stars Proclaiming 'Not Vaccinated'
(DBN)

Justice faces pressure for action on civil rights post-Trump
(DBN)

An Arms Race in America: Gun Buying Spiked During the Pandemic. It’s Still Up.
(DBN)

Police arrest Texas man over plot to carryout mass shooting at a Walmart
(DBN)

Total of 22 people shot, 2 killed outside Northwest Miami-Dade banquet hall In South Florida, shootings usher in bloody holiday weekend
(DBN)

Miami police chief predicts 'more bloodshed' and 'a long summer' without action on gun violence
(DBN)

Miami Police Chief: Texas Open Carry is Nuts
(DBN)

In Portland, shootings and homicides soar, and activists take to the streets to protest the violence
(DBN)

Washington Square Park ‘drug den’ horrifies Greenwich Village neighbors
(DBN)

Iowa Woman Who Hit Black, Latina Kids With Car Sentenced to 25 Years
(DBN)

Retired FBI Agent Convinced Woman She Was on ‘Secret Probation,’ Scammed Her into Paying for His House, Mercedes, and Pickup Truck: Feds
(DBN)

Fan charged with assault and battery after throwing water bottle at Kyrie Irving
(DBN)

He Robbed a Taco Joint With a Toy Water Gun for $264. He Got Life in Prison.
(DBN)

Arizona bringing back gas chamber with chemical favored by Nazis
(DBN)

Biden aims to speed review for families seeking asylum in US America’s asylum system is broken. Here’s how Biden could fix it.
(DBN)

Biden might make it easier to swiftly deport migrant families
(DBN)

______________

Judges:

Federal judges call for more security amid spike in threats
(DBN)

The Trajectory Of Civil Cases In Federal Court
(DBN)

Sotomayor sees challenging world for today’s law graduates
(DBN)

Justice Breyer’s new warning for Democrats couldn’t have come at a worse time
(DBN)

California judge gathers signatures of internment survivors on 48-star flag
(DBN)

Judge Amy Berman Jackson strikes again
(DBN)

As COVID-19 Cases Fall, Juries Get Back to Work
(DBN)

______________

Wall Street:

Dow futures jump 180 points, S&P 500 approaches record as June begins
(DBN)

World stocks hit another record, crude up in big data week
(DBN)

______________

Layoffs:

Layoffs Watch ’21: Deutsche Bank
(DBN)

______________

Healthcare:

Mercy Hospital Buyer Agrees To Keep Chicago Facility Open
(DBN)

U.S. Covid cases near pandemic low as travel picks up for Memorial Day weekend
(DBN)

Poll: Lack of trust in vaccine top reason among unvaccinated voters
(DBN)

WHO agrees to study major reforms, meet again on pandemic treaty
(DBN)

Find Covid-19 Origin or Face Covid-26 and Covid-32, Warn US Experts Biden walks fine line with probe into coronavirus origins Senate passes resolution urging probe into COVID-19 origins
(DBN)

Gottlieb: Lab leaks happen all the time Damning revelation about controversial Covid lab leak theory
(DBN)

Where the next coronavirus could emerge, in one map
(DBN)

Moderna Scientists And Execs Warn That New Viral Variants Of Covid-19 Coming
(DBN)

10 serious COVID patients given Israeli drug, leave hospital in one day
(DBN)

World anxiously waits to see where Biden will send America's vaccines
(DBN)

Vietnam identifies new, highly transmissible variant of coronavirus
(DBN)

Employees Sue Hospital over Vaccine Mandate by Claiming They're ‘Human Guinea Pigs’ in an ‘Experimental Vaccine Trial’ Over 100 staff sue Houston Methodist over COVID-19 vaccine requirement
(DBN)

Covid has made it harder to work in health care, many are thinking of quitting
(DBN)

For the health and sanity of workers, the federal government needs to stop issuing head-scratching COVID work guidelines
(DBN)

Peru revises pandemic death toll, now worst in the world per capita
(DBN)

____________

Food/Beverage:

Restaurants nationwide raise prices amid soaring costs, labor shortage
(DBN)

Keith McNally on Nearly Dying, Graydon Carter, Defending Woody Allen, and Saving His Restaurant Empire
(DBN)

Restaurant Performance Index rose 1.2% in April
(DBN)

____________

Student Debt:

What $50K federal student loan forgiveness means to 5 Americans
(DBN)

The young lawyer who became the 'Don Quixote' of canceling student debt
(DBN)

Student debt rises as the future of loan forgiveness remains uncertain
(DBN)

____________

Coal:

Striking coalminers in Alabama energize support across the south
(DBN)

Eight kids and a nun may have doomed coal's future: Russell
(DBN)

____________

Transit:

Buttigieg defends mask mandates on public transportation as a matter of 'safety' and 'respect'
(DBN)

____________

Movie Theaters:

AMC surges past $30 Friday amid blistering five-day rally bolstered by Reddit AMC rides "meme stock" highs as movie industry looks to recover
(DBN)

AMC Entertainment Holdings, Inc. Raises $230.5 Million of New Equity From Mudrick Capital
(DBN)

AMC, Regal, and Cinemark No Longer Require Masks If You’re Vaccinated
(DBN)

A Quiet Place Part II becomes biggest pandemic-era US box office hit
(DBN)

Movies make Memorial Day comeback
(DBN)

____________

Autos:

Ex-VW boss to pay 10 mln euros in dieselgate damages
(DBN)

French judges to start Carlos Ghosn questioning in Beirut
(DBN)

Elon Musk says Tesla prices are increasing because of supply chain disruptions across the auto industry
(DBN)

____________

Religion:

Santa Fe archdiocese continues to list hundreds of unused pieces of land for sale
(DBN)

____________

Economy:

Bosses are acting like the pandemic never happened
(DBN)

Biden to announce new efforts to narrow the racial wealth gap
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

More states ease lingering virus rules as vaccine rates rise
(DBN)

U.S. Chamber of Commerce: Worker shortage is "urgent crisis"
(DBN)

The truth behind America's labor shortage is we're not ready to rethink work
(DBN)

If it's not enhanced unemployment benefits, why are people turning down jobs?
(DBN)

'Contagious unemployment' — a controversial theory why companies have difficulty hiring workers
(DBN)

Fed GDPNow latest estimate: 9.3 percent
(DBN)

The US economy is set to grow at the fastest pace since 1984 thanks to stimulus and the rapid vaccine rollout, the OECD said
(DBN)

A resurgent world economy is seen leaving many behind
(DBN)

Statistics on the State of Retirement in US
(DBN)

Seven countries are back to their pre-pandemic GDP per capita
(DBN)

Do deficits matter anymore? Biden’s first budget signals they don’t. Progressives rebuff criticism of Biden's budget
(DBN)

Biden’s $6 trillion budget proposal would rebuild America’s social safety net
(DBN)

White House gives GOP 1 week to reach deal on infrastructure GOP senators hint they're looking for infrastructure deal
(DBN)

CEO pay climbed 5 percent last year: report
(DBN)

The Great American Reunion
(DBN)

Even in the face of surging grocery prices, retail beef and pork prices cause sticker shock
(DBN)

How To Compare Your Bosses To The Brutal, Genocidal Former Head Of The KGB And Thrive
(DBN)

Our Worst Kept Secret: Inflation is Back
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Millions of Americans could face eviction as housing protection expires in June
(DBN)

Housing Inventory May 31st Update: Inventory Increased Week-over-week
(DBN)

Lumber Futures Drop 22% in Three Weeks
(DBN)

Bye-bye burbs. More full-time residents are flocking to the Jersey Shore.
(DBN)

Only 13% of Natwest staff to return to full-time office working
(DBN)

The Atlantic: "Why You Should Wait Out the Wild Housing Market"
(DBN)

____________

Municipalities:

The Municipal Bond Cases Revisited
(DBN)

____________

Oil/Gas:

Moody’s: Credit Risk Is Growing For Big Oil
(DBN)

Exxon May Be Corporate America’s Canary in the Coal Mine
(DBN)


Biden budget aims to raise $35B from cutting fossil fuel tax benefits
(DBN)

Memorial Day weekend gas prices at 7-year high
(DBN)

BP invests $220 million in U.S. solar development projects
(DBN)

EVs to Take Over Sooner Than You Think
(DBN)

____________

Pharma:

7 Insurers Sue CVS For Allegedly Inflating Drug Prices
(DBN)

____________

Gambling:

Las Vegas is betting on the gamblers and tourists returning. Will lost jobs come back?
(DBN)

____________

Cruise Lines:

Your guide to when the major cruise lines are starting up again
(DBN)

Cruise lines and Florida Gov. DeSantis square off over vaccine passports
(DBN)

____________

Climate:

Experts warn US needs to better prepare for hurricane season
(DBN)

California Facing Another Super Drought California faces another drought as lake beds turn to dust – a photo essay 'Big risk': California farmers hit by drought change planting plans
(DBN)

Climate Change Responsible for 37% of Heat-Related Deaths: Study
(DBN)

____________

Mass Torts:

Johnson & Johnson ask Supreme Court to review $2B talc product verdict
(DBN)

____________

Utilities:

'Unacceptable, Egregious:' Lawmakers Seek Probe of PG&E Fire Victim Trust
(DBN)

Consumers Attribute Failure Of The Texas Power Grid To Flaw In Texas Laws
(DBN)

Electricity bills in legislature push weatherization, aid to companies — but not financial help for ratepayers
(DBN)

Texas' fix after blackout doesn't dwell on climate change
(DBN)

____________

Theme Parks:

As theme parks look to rebound, travel advisors share trip tips
(DBN)

____________

Finance:

West Virginia Gov. Jim Justice is reportedly on the hook for $700 million in loans from collapsed lender Greensill
(DBN)

____________

Crypto:

Bitcoin is in Free Fall The Rise and Fall and Rise and Fall of Bitcoin
(DBN)

Switzerland: Enabling Bankruptcy-Remote Custody of Crypto Assets
(DBN)

Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'
(DBN)

Treatment of Crypto-Assets in Insolvency: Lessons from Other Jurisdictions
(DBN)

Mt Gox Bankruptcy Trustee Says Creditors Can Vote for a Rehabilitation Plan
(DBN)

A key US watchdog wants officials to set up a 'regulatory perimeter' for cryptocurrencies US Plans Cryptocurrency Crackdown
(DBN)

____________

Retailing:

Turmoil at Sequential Brands amid late financials, strategic review
(DBN)

The most — and least — reputable U.S. retailers are…
(DBN)

____________

Hotels:

San Jose, San Mateo hotels mired in bankruptcy find buyers
(DBN)

____________

Fraud:

Congress opens investigation into BlueVine and Kabbage after reports of PPP fraud
(DBN)

____________

Ride Hailing:

Uber and Lyft fares surge by up to 40% as the ride-hailing apps struggle to find enough drivers
(DBN)

____________

Politics:

A bipartisan January 6 commission is probably dead. Democrats have a backup plan Family of fallen Capitol Police officer Brian Sicknick slams GOP lawmakers who blocked Jan. 6 commission as 'not backing the blue'
(DBN)

Roundup of 2021 Restrictive Voting Laws
(DBN)

How Texas Republicans aim to make voting harder Texas is already the hardest place to vote in the US President Joe Biden says Texas voting bill is “part of an assault on democracy” Dems walk, stop Texas GOP’s sweeping voting restrictions After defeating restrictive voting bill, Texas Democrats send loud message: 'We need Congress to do their part' The Texas governor said he plans to strip the Legislature's pay after Democrats staged a walkout to prevent restrictive voting laws from passing
(DBN)

Republicans who embraced Trump’s big lie run to become election officials
(DBN)

How Hollywood’s ‘Jesus’ Jim Caviezel Went Full QAnon
(DBN)

Republican Rep. Louie Gohmert downplayed the Capitol riot at a major QAnon conference and posed for photos with a conspiracy theorist influencer
(DBN)

Ex-Trump lawyer Sidney Powell showed up to a QAnon conference in a biker vest and falsely claimed Trump could be 'reinstated' as president
(DBN)

In Rural Northern California, a Town Fights Over Jim Crow Road
(DBN)

Democrats aim to make Greene their foil ahead of midterms
(DBN)

9 Republicans not named Trump who could run in 2024
(DBN)

Facebook to resume political donations, but not for GOP who voted against certifying election
(DBN)

Flynn Calls for a Presidential Coup in US Michael Flynn denies suggesting a Myanmar-style military coup should happen in the US
(DBN)

Poll: 28% of GOP Think Violence May be Needed
(DBN)

QAnon conspiracy theories infect American churches QAnon Now as Popular in U.S. as Some Major Religions, Poll Suggests
(DBN)

Poll: 3 in 4 Republicans Believe Trump Supporters Are NOT to Blame for January 6th Capitol Attack
(DBN)

Republican presidential hopefuls are contesting 'shadow primaries' to avoid angering Trump, report says
(DBN)

Idaho's governor lifted a ban on mask mandates that was issued by his number 2, without his knowledge, while he was out of state
(DBN)

____________

Sports:

Indianapolis 500 to return with biggest sporting event crowd since pandemic
(DBN)

Tokyo Olympics Fans to Need Coronavirus Vaccination or Virus Test
(DBN)

NHL-Fans allowed in for Leafs v Canadiens decider despite stay-at-home order
(DBN)

____________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (46 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)

______________

Ch. 13:

Bankruptcy Court Allows Voluntary Retirement Contributions In Chapter 13 Plan
(DBN)

____________

History:

An Olde Argument For Bankruptcy Laws (From 1775): A Lesson For Today
(DBN)

____________

Aviation:

TSA screens 2 million travelers heading into Memorial Day weekend Highest Air Traffic Since Pandemic Began
(DBN)

U.S. travelers on the road again with Memorial Day holiday still subdued by pandemic
(DBN)

American, Southwest put off plans to serve alcohol after passenger disruptions, assault on board
(DBN)

'It Was All Bad': After Woman Recorded Knocking Southwest Flight Attendant's Teeth Out, Witness Claims 'the Argument Went Both Ways'
(DBN)

Biden administration to reimpose sanctions on Belarus over diverted flight
(DBN)

‘Our flag carrier must be saved’: Garuda Indonesia faces real threat of bankruptcy Garuda Confirms Debt Restructuring Plans as Covid Hit Cashflows
(DBN)

Pandemic-hit Portuguese airline TAP posts quarterly loss
(DBN)

It’s ‘preposterous’ – Chaudhry: Of what use will a bankrupt airline be to FNPF
(DBN)

Air France cancels flights as Russia withholds clearance
(DBN)

Aer Lingus says it to burn cash for months despite Irish travel plan
(DBN)

____________

Tech:

Intel reiterates chip supply shortages could last several years
(DBN)

____________

Financial Literacy:

Yellen says financial literacy can help create a 'more equitable economy' — and Americans appear to be listening
(DBN)

____________

Sovereigns:

Visualizing the Snowball of Government Debt
(DBN)

Argentina hopeful of Paris Club debt extension, local media says
(DBN)

____________

UK:

A Parting of The Ways? the Recent Decision in Gategroup Puts Schemes and Restructuring Plans on Different Roads to Recognition
(DBN)

Covid cases and hospitalizations rise in UK as variant from India takes hold
(DBN)

UK government borrowing at highest rate in decades
(DBN)

The UK government should abandon plans to lift COVID-19 restrictions in mid-June to avoid a potential 'wave' of new cases, 2 scientists who advise officials say
(DBN)

British exports worth billions have faced EU tariffs since Brexit
(DBN)

UK growth forecast upgraded but pandemic economic 'scar' will be worst of all G7 nations, says OECD
(DBN)

Customers are desperate to dine, but restaurants and pubs are facing a recruitment crisis
(DBN)

Metal, money, mystery: How Sanjeev Gupta built his empire
(DBN)

'Embarrassing Bodies' star Christian Jessen facing bankruptcy due to 'a stupid tweet'
(DBN)

London's transport operator to receive $1.5 billion support package
(DBN)

UK house prices jump by 10.9%, could speed up further- Nationwide
(DBN)

Amigo Loans facing insolvency after rescue plan rejected by high court UK lender Amigo says faces insolvency, won't appeal court ruling
(DBN)

____________

EU:

EU executive urges reopening in summer to vaccinated tourists
(DBN)

New euro zone business loans plunge in April
(DBN)

In post-pandemic Europe, migrants will face digital fortress
(DBN)

Euro zone inflation surges past ECB target in May
(DBN)

Euro zone factory growth, input costs hit record highs in May -PMI
(DBN)

____________

Canada:

Canada's Centerra Gold says Kyrgyz units seek bankruptcy after mine seizure
(DBN)


Banks seek about $100M as insolvent Laurentian University prepares claims process
(DBN)

Catholic Children's School Mass Grave Renewed calls for Catholic Church apology after mass grave of Indigenous children found in Canada
(DBN)

____________

Greece:

What changes today with the premiere of the new bankruptcy law
(DBN)

____________

Singapore:

Singapore’s Covid restrictions may be relaxed after June 13 if situation improves
(DBN)

____________

Germany:

German manufacturing hums along in May despite supply bottlenecks - PMI
(DBN)

Germany Lowers Virus-Risk Level as Pandemic Threat Recedes
(DBN)

____________

France:

France in double-dip recession as figures show first quarter worse than thought
(DBN)

____________

Russia:

Russian factory activity rises at fastest pace in over two years in May -PMI
(DBN)

____________

China:

Lackluster hiring in China as economy struggles to reach full recovery, data shows
(DBN)

China May Official Manufacturing PMI Slipped to 51.0
(DBN)

Uptick in coronavirus cases prompts Chinese city to lock down neighborhood China reports sudden surge in COVID-19 cases causing flight cancellations China's strict travel restrictions in Guangzhou show the country is taking extreme measures to control its COVID numbers and avoid the fate of other Asian nations
(DBN)

China allows couples to have three children in major policy shift China's new three-child policy draws skepticism, cost questions China's 'three-child' policy and the new age of demographic anxiety China wants couples to have more kids. Chinese people are less enthusiastic Chinese working women will rue three-child policy China's pivot to a 3-child policy won't make a dent in its declining birth rate because the country's young couples don't want kids
(DBN)

____________

Mexico:

For political candidates in Mexico, the stakes can be life or death ‘Huge incentives to kill’: Mexico crime groups target election candidates
(DBN)

In Mexico, cartels are hunting down police at their homes
(DBN)

____________

India:

Operational creditors file most of bankruptcy cases below ?1 cr
(DBN)

Why ex-promoters are stuck on their bankrupt firms
(DBN)

Half the cases closed under IBC end in liquidation, only 13% resolved
(DBN)

India’s Covid-19 Surge to Hamper Economic Recovery
(DBN)

India's factory activity growth slipped in May as demand fell-PMI
(DBN)

Indian economy, hit by COVID-19, shrinks by 7.3% in 2020-21
(DBN)

____________

South Africa:

South Africa returns to stricter lockdown, virus ‘surging’ South Africa races to halt third Covid wave as its economic outlook improves
(DBN)

____________

Japan:

Japan's May factory activity growth slows as emergency weighs -PMI
(DBN)

Japan needs new schemes to help pandemic-hit firms, says LDP official
(DBN)

____________

Malaysia:

Malaysia stocks trade lower as country heads for ‘total’ Covid lockdown
(DBN)

____________

Brazil:

Brazil in Worst Drought in 100 Years
(DBN)

____________

South Korea:

S.Korea's factory activity expands for 8th month on sustained demand - PMI
(DBN)

Meet the 'kangaroo tribe': South Korea's 30- and 40-somethings living with mom and dad
(DBN)

____________

Australia:

Australia's home prices surge
(DBN)

____________

MENA:

Gallup: Americans' Religion and Their Sympathies in the Middle East
(DBN)

____________


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