June 15, 2021

The Daily Bankruptcy News

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Law:

The Biglaw Raises Continue, And This Time, They’re Going Global
(DBN)

After Milbank raises associate salaries, Davis Polk goes higher and some follow
(DBN)

Am Law 100 Firm Announces Raises To $170K-$200K, Depending On Market
(DBN)

Associate Compensation War Comes To Texas
(DBN)

Vinson & Elkins, Gunderson, Boies Schiller Boost Salaries
(DBN)

The Market Has Spoken: It's Time To Show Biglaw Associates The Money
(DBN)

More Salary Dominoes Fall at Am Law 200 Firms While Others Wait and See
(DBN)

Early Compensation Mover Proves It's Willing To Keep Playing The Salary 'Game'
(DBN)

Biglaw Salary Reports Aren't A Celebration Of Greed -- It's Kind Of The Opposite
(DBN)

Weil dishes out £8k Covid bonuses to NQ lawyers
(DBN)

The Uptick In Biglaw Partner Compensation
(DBN)

Dennis O'Donnell and Ben Winger join DLA Piper's Restructuring practice
(DBN)

Skepticism Remains Over Big Law's Remote Work Flexibility
(DBN)

Washington & Lee University Board Votes 22-6 To Keep Lee’s Name (Faculty Had Voted 188-51 To Remove It)
(DBN)

Miami Searches For Interim Dean After Controversial Firing Of Tony Varona, Who Sought To Reduce Overhead Tax Law School Pays To University
(DBN)

U.S. SEC taps law school dean to lead corporation finance unit
(DBN)

Jurors are told former law firm partner created sham creditor to help client shield assets
(DBN)

South Carolina community reeling after double murder of mother and son from legal dynasty
(DBN)

Several minutes into 9th Circuit online hearing, lawyer realizes he’s arguing the wrong case D'Oh! Lawyer Argues Wrong Case In Front Of Ninth Circuit
(DBN)

Brooklyn lawyer gains fame on Jeopardy!, for her facial expressions as well as intellectual prowess
(DBN)

Supreme Court puts off decision on reviewing Harvard race-conscious admissions system Supreme Court Wants to Hear Biden Administration’s Position on Race-Based Admissions at Harvard
(DBN)

Kim Kardashian Is 'Totally Bummed' She Failed The Baby Bar Exam -- Again
(DBN)

Biglaw Titans Locked In Legal Battle Over What It Means To 'Believe Women'
(DBN)

Heidi Alexander On Why Flexible Work Should Forever Be The Norm In Law
(DBN)

CNN's Navarro defends network keeping Toobin while mocking 'humiliating' return interview
(DBN)

Taibbi: US shifting to era where some ideas, people deemed 'too dangerous' to have 'civil liberties'
(DBN)

Family Of Alton Sterling Has Accepted $4.5 Million For His Killing By Police
(DBN)

1 Woman Is Dead, Others Injured In Minneapolis After A Driver Plows Into Protesters
(DBN)

Former NYC police commissioner warns ‘we’re in for a very long, dangerous summer’
(DBN)

Anti-Vaxxer Who Called Mike Pence a 'Traitor' and Her Husband Both Plead Guilty to Parading Inside U.S. Capitol on Jan. 6th Couple Pleads Guilty to Misdemeanor Charge in Capitol Attack Infamous Trump-loving realtor who took private jet to DC hit with new Capitol riot charges Most insurrectionists won’t get plea agreements because they don’t have anything to bargain: legal expert Capitol rioter busted after friend posts video proclaiming her as 'new speaker of the House' Capitol rioter 'refuses to leave his jail cell' to appear at virtual hearing in DC court: report A former US lawmaker known as 'Putin's favorite congressman' marched to the Capitol on January 6 New Hampshire Man Who Drank Wine Inside Capitol on Jan. 6 Is Hoping His Arrest Will 'Help' Him Win Congressional Seat Man Charged Over Capitol Riot Running for Office—But He's Not Sure Which One Instagram User Said the Feds 'Ain’t Gonna Go After Nicole' for Breaching the Capitol. They Went After Nicole.
(DBN)

FBI warns lawmakers that QAnon 'digital soldiers' may become more violent Intel Report: More Violence Coming From QAnon Followers
(DBN)

Echoes of Breonna Taylor in shooting of Black man in Georgia
(DBN)

2020 was the deadliest gun violence year in decades. So far, 2021 is worse.
(DBN)

US military guns keep vanishing, some used in street crimes
(DBN)

How misinformation overturned California's assault weapons ban Why the Second Amendment protects a ‘well-regulated militia’ but not a private citizen militia
(DBN)

Judge temporarily blocks release of Trump obstruction memo 'No Amount of Apologizing': Judge Scolds DOJ, but Pauses Release of Trump Prosecution Memo
(DBN)

Rep. Louie Gohmert Hires Former Trump Appointee Ken Cuccinelli as Attorney in Lawsuit Over New House Screening Rules
(DBN)

Forfeiture of convicted drug dealer’s Land Rover was an excessive fine, state supreme court rules
(DBN)

69-Year-Old Woman Died Fighting Gunman Who Killed Her Grandchild at Publix: Deputies Gunman in Florida Publix Shooting Did Not Know Victims, Sheriff Says
(DBN)

Police Deputy, Two Others Shot at Georgia Supermarket Following Altercation About Masks Cashier killed after face mask policy dispute in Georgia grocery store
(DBN)

As Battle Against Virus Wanes, Mayors Confront a New Challenge: Crime
(DBN)

Investigators Find Remains of 17 Victims Under A Suspected Serial Killer's House
(DBN)

S.C. Lawyer’s Son and Wife Found Shot and Killed Outside Hunting Lodge. The Son Faced Charges in a 19-Year-Old Woman’s Death.
(DBN)

Justice official resigning amid uproar over Dems’ subpoena Garland says Justice Department will strengthen policies for obtaining lawmakers' records Top Democrats say it's 'beyond belief' that Trump DOJ leaders didn't know about the secret subpoenas targeting their party's lawmakers Top DOJ national security official resigns amid fallout over seizure of Dems' records CNN's Barbara Starr calls Trump DOJ's efforts to access her emails a "sheer abuse of power"
(DBN)

Microsoft CEO: Secret Gov't Gag Orders Must Stop
(DBN)

Supreme Court Rejects Bid to Shorten Crack Cocaine Sentences Supreme Court won't extend reduced charges to low-level crack cocaine offenders
(DBN)

Supreme Court Rejects Conviction Appeals by Charlottesville Rioters High court rejects 2 Virginia white nationalist rally cases SCOTUS Declines to Hear the Cases of Charlottesville White Supremacists Who Were Convicted Under Federal Anti-Riot Law
(DBN)

Five big upcoming Supreme Court decisions
(DBN)

Jewish groups condemn Arizona's potential use of gas executions
(DBN)

Federal agents admit to falsely accusing Chinese professor of being a spy
(DBN)

By the numbers: The building migrant backlog
(DBN)

Woman Texted 'I Don’t Want to Be Civil I Want U to Die lmao' Hours Before Killing a Man She Claims Abused Her: Police
(DBN)

Mother Forced 4-Year-Old Girl to Stand for Three Days Straight as Punishment Until She Died from Exhaustion: Police
(DBN)

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Judges:

Judge Rips 'Reprehensible' Comparison Between Nazi Experiments and Hospital COVID-19 Vaccine Requirement
(DBN)

McConnell says 'highly unlikely' he'd let Biden fill SCOTUS vacancy in 2024 if GOP flips Senate McConnell says he'll block Biden's Supreme Court nominee in 2024 if GOP controls Senate - Republicans blocked Garland nomination in 2016, backed Barrett in 2020 ‘House is on fire’: Liberals message Justice Breyer in ‘fantasy land’ after McConnell says he’ll block Biden nominee Fresh calls for Justice Breyer to retire after McConnell says he won't let Biden fill SCOTUS seat if he wins majority
(DBN)

'Disgusting': Mitch McConnell ignites an enraged backlash after bragging about rigging the Supreme Court
(DBN)

ICC relations with US undergoing 'reset' with Biden, prosecutor says
(DBN)

Circuit nominee Ketanji Brown Jackson who is seen as possible Biden Supreme Court pick Senate confirms Ketanji Brown Jackson as judge on powerful appeals court
(DBN)

Biden nominated as many minority women to be judges in four months as Trump had confirmed in four years
(DBN)

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Wall Street:

Stock futures are slightly higher after Nasdaq and S&P 500 notch fresh records, Fed meeting ahead
(DBN)

Dimon Warns of Bigger Trading Revenue Drop After Covid Boom
(DBN)

AMC jumps more than 18%, other 'meme stocks' mixed
(DBN)

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Layoffs:

Largest law firm in the world trims lawyer numbers
(DBN)

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Food/Beverage:

Judges Halt Race and Gender Priority for Restaurant Relief Grants
(DBN)

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Coal:

A Fading Coal County Bets on Schools, but There’s One Big Hitch
(DBN)

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Climate:

Punishing heat for the West could smash records as experts sound alarm for wildfire conditions
(DBN)

NATO tackling climate change for first time
(DBN)

EU, U.S. sow seeds for climate cooperation, dodge coal's end date - draft
(DBN)

AZ: As Telegraph Wildfire Rages, Residents Urged to Abandon Their Homes Over Imminent Danger
(DBN)

Costly frost in France attributed to climate change
(DBN)

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Economy:

U.S. Inflation Expectations Rise to New Highs in N.Y. Fed Survey Americans’ inflation fears reach a fever pitch as consumer prices rise
(DBN)

All demand and no supply means inflation
(DBN)

Warning signs of a "Volcker Moment"
(DBN)

JPMorgan stockpiling cash, waiting for interest rates to rise -CEO Dimon says JPMorgan is hoarding cash because there’s a ‘very good chance’ inflation is here to stay
(DBN)

Fed on Hold in June, but Likely to Edge Toward a Taper Discussion
(DBN)

How inflation helps the stock market set records
(DBN)

The Fed Cannot Control Its Easy-Money Monster
(DBN)

A $42 Billion Fund in Sweden Sides With the Fed on Inflation
(DBN)

Price of Chicken Wings Jump 100%
(DBN)

The Biggest Business Risks in 2021
(DBN)

Obama: Women "found themselves in an impossible situation" during pandemic
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Survey: Americans are ready to spend on some fun
(DBN)

Pandemic Hangover: $11 Trillion in Corporate Debt
(WSJ)

Paul Tudor Jones Says Things Are ‘Bat Sh*t Crazy’ Right Now Paul Tudor Jones says ‘go all in on the inflation trades’ if Fed keeps ignoring higher prices
(DBN)

It's Personal: Zoom'd Out Workplace Ready For Face-To-Face Conversations To Return
(DBN)

Why aren't more American women and men in the labor force
(DBN)

First four states cut off federal unemployment benefits
(DBN)

America’s ‘Return’ Might Not Be Enough to Revive the West
(DBN)

Cabinet secretaries sell Biden’s ambitious agenda across US
(DBN)

A Little More Remote Work Could Change Rush Hour a Lot
(DBN)

What the rich don’t want to admit about the poor
(DBN)

It's the easiest time to find a job since just before the pandemic
(DBN)

U.S. to expand work permits for immigrants who are crime victims
(DBN)

McConnell blasts ProPublica tax leak, says whoever is responsible should be 'hunted down and thrown into jail' The ProPublica Tax Report: Return Of The IRS Scandal
(DBN)

Biden's budget would cut taxes for all low-income households but especially parents, analysis shows
(DBN)

Democrat exploring 'patriot tax' on multimillionaires' wealth
(DBN)

White, Black and Hispanic Americans retire early for different reasons
(DBN)

America and Europe will create a joint tech council to craft new rules on trade
(DBN)

American Express CEO says U.S. travel, dining spending is nearing full recovery
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Citing COVID-19, mall REIT Washington Prime Group lands in bankruptcy court Third Publicly Traded Mall REIT Files for Bankruptcy in Eight Months
(DBN)

Mortgage Equity Withdrawal in Q1 2021
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.04%"
(DBN)

Mortgage forbearance drops as expiration date nears
(DBN)

Maryland Real Estate in May: Sales Up 46% YoY, Inventory Down 57% YoY
(DBN)

Housing Inventory June 14th Update: Inventory Increased Week-over-week
(DBN)

Bank of America CEO details back-to-office plan, concentrating on Covid-vaccinated employees first
(DBN)

A pandemic-era first: Bankers return to the office
(DBN)

10 Military Families Sue Privatized Landlords
(DBN)

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Oil/Gas:

Oil Companies Rejected by Supreme Court on Moving Climate Fight
(DBN)

China’s electric car leaders predict new energy vehicles will dominate the local market by 2030
(DBN)

Gas giants risk ‘going the way of coal’ as climate push heats up
(DBN)

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Religion:

A great 'reckoning' in the Southern Baptist Convention is about to take place
(DBN)

Vatican warns bishops not to deny communion to Biden, politicians over abortion
(DBN)

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Tech:

EU court backs national data watchdog powers in blow Facebook, big tech
(DBN)

House antitrust bills take tight aim at tech giants
(DBN)

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Utilities:

California Power Grid Faces First Big Test of Year as Heat Soars
(DBN)

Power prices soar as heat wave affects California, U.S. West
(DBN)

Texans asked to reduce electric use through Friday 'Unplanned' outages hit Texas power plants in soaring temperatures ERCOT Investigating Power Plant Breakdowns as Texas Faces Blackouts
(DBN)

Searing Heat From Texas to California Strains Power Grids
(DBN)

New plant proposals on the table as power outages threaten Texas again
(DBN)

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Retailing:

Apple will reportedly let vaccinated customers go maskless in many of its stores from Tuesday
(DBN)

Washington Prime Group Files Chapter 11, Secures $100MM DIP Financing
(DBN)

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Mining:

Centerra CEO weighs 'divorce' with Kyrgyzstan over seized Kumtor mine
(DBN)

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Hedge Funds:

Archegos Capital Management blowup prompted review at Morgan Stanley
(DBN)

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Musical Instruments:

Gibson-Rescuer KKR Seeks Payout as Demand for Guitars on Rise
(DBN)

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Education:

Americans don’t know where their national landmarks are — 1 in 5 thinks Niagara Falls is in Iceland!
(DBN)

How critical race theory moved from Fox News to school boards
(DBN)

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Politics:

McConnell warns he's willing to intervene in 2022 GOP primaries
(DBN)

The GOP's increasingly blunt argument: It needs voting restrictions to win
(DBN)

Poll: 56 percent approve of Biden's handling of foreign affairs as he joins world leaders at G-7
(DBN)

‘They Need to Go Home’: Neo-Nazis Can’t Find a Warm Welcome at Texas Rallies
(DBN)

A Weekend with Mike Lindell and the MAGA Zombies
(DBN)

Exodus of election officials raises concerns of partisanship
(DBN)

How Republicans came to embrace the big lie of a stolen election
(DBN)

GOP Sen. Ron Johnson said the Capitol riot wasn't an armed insurrection because people were 'staying within the roped lines'
(DBN)

Omar, Greene face dueling censure resolutions in House for recent remarks House Republicans move to censure the Squad over Israel comments Marjorie Taylor Greene apologizes for Holocaust comments as Dems move to censure
(DBN)

White House backs repeal of 2002 war authorization
(DBN)

Rudy Giuliani extends happy birthday wishes to Trump -- and it doesn't go well
(DBN)

Several Politicians Who Have Toured Arizona’s Nonsense Audit Were Also In DC On Jan. 6
(DBN)

ALEC Behind Voting Restriction Laws
(DBN)

Boeing Back Donating to Sedition Caucus
(DBN)

Trump’s Press Secretary Says She ‘Never Lied.’ Here Are Her Biggest Whoppers.
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (7 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (103 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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Avoidance Actions:

Another Court Adopts Majority View in Approving Bankruptcy Trustee’s Use of Tax Code: Look-Back Period in Avoidance Actions
(DBN)

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Bankruptcy Crimes:

Dan Kamensky Couldn’t Go To The Office So Instead He’s Going To Jail
(DBN)

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Aviation:

Why the explosion in unruly air passengers?
(DBN)

3,000 unruly passenger reports made to FAA this year
(DBN)

What to Know About the C.D.C. Guidelines on Vaccinated Travel
(DBN)

Hydrogen planes, electric propulsion and new regulations: Aviation is changing
(DBN)

The U.S. and EU are nearing a truce on the Boeing-Airbus dispute
(DBN)

Court nod paves way for makeover of Thai Airways' $12.9 bln debt
(DBN)

Emirates airline reports $5.5 bln annual loss Emirates got $3.1 bln from Dubai govt as pandemic drove losses
(DBN)

Contest to Become Eastar Jet's New Owner Narrowed to 2-Way Race
(DBN)

Ares Is Sued by Millette’s Hudson Credit Fund Over Aircraft Loan
(DBN)

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Healthcare:

Most hospitals aren't complying with price transparency rule
(DBN)

As US COVID-19 death toll nears 600,000, racial gaps persist The origins of Covid-19’s racial disparities lie in America’s prisons As death rate slows, U.S. exceeds 600,000 COVID-19 fatalities
(DBN)

Congress members hold moment of silence for Americans who died of COVID
(DBN)

As COVID-19 cases wane, vaccine-lagging areas still see risk US COVID-19 spikes track strongly with the places where people are refusing vaccinations
(DBN)

Eight states see rise in new COVID-19 infections
(DBN)

June 14th COVID-19 New Cases, Vaccinations, Hospitalizations; NY State and D.C. Meet 70% Goal
(DBN)

Most common Covid symptoms have changed, docs warn – here’s what they are
(DBN)

New York City to hold ticker-tape parade for essential COVID-19 workers
(DBN)

The G7's billion-dose pledge, heralded by Biden, doesn't add up
(DBN)

WHO says Covid is spreading faster than the global distribution of vaccines
(DBN)

Vermont becomes first state to reach 80% vaccine threshold
(DBN)

Temp checks, digital menus and 'touchless' mustard: The maddening persistence of 'hygiene theater'
(DBN)

NYC to Launch $100 Covid-19 Vaccine Referral Bonus Program
(DBN)

Scientist Opens Up About His Early Email to Fauci on Virus Origins
(DBN)

Baltimore man steals ambulance to drive himself to hospital, police say
(DBN)

Public option plan left out of Biden budget proposal
(DBN)

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Student Debt:

What to Do About Student Debt When Covid Relief Ends
(DBN)

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Autos:

Electric truck maker Lordstown Motors says CEO and CFO resign Lordstown Motors Says CEO, CFO Resign in Abrupt Departure
(DBN)

GM, Ford are all-in on EVs. Here’s how their dealers feel about it
(DBN)

Hyundai Plant In Alabama Pauses Manufacturing Due To Car Chip Shortage
(DBN)

GM on the Way to All Time Record Profit
(DBN)

Pandemic pushes average age of American cars to record 12.1 years
(DBN)

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Sovereigns:

Belize bondholders vote to extend payment grace period
(DBN)

Suriname creditors trigger default clause
(DBN)

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UK:

UK’s Boris Johnson to extend Covid restrictions in England, reports say Boris Johnson set to postpone England's 'freedom day' as delta variant cases climb As infections rise, England braces for delay in reopenings U.K. PM Boris Johnson delays lockdown easing by a month
(DBN)

UK study finds vaccines offer high protection against hospitalization from Delta variant
(DBN)

UK payrolled employees surge by 197,000 in May
(DBN)

H&M's March-May sales surge as pandemic restrictions ease
(DBN)

Rishi Sunak rejects calls by businesses for furlough extension
(DBN)

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EU:

EU Kicks Off $1 Trillion Debt Plan That Will ‘Transform’ Europe
(DBN)

Europe's Debt Avalanche Is Just About to Start
(DBN)

Lagarde: ECB Must Adapt to New World
(DBN)

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Canada:

Enforceability of Arbitration Clauses in Insolvency Proceedings
(DBN)

The Man Accused Of Hitting A Muslim Family With His Car Is Facing Terrorism Charges Facebook Twitter Flipboard Email
(DBN)

Trudeau says no deal on lifting border restrictions after talks with Biden
(DBN)

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Israel:

Netanyahu is out, but his legal woes aren't going anywhere After more than a decade, Israelis wake up to a government without Netanyahu Israel's new government agrees on only one thing: Booting Netanyahu New Israeli coalition starts work; Netanyahu vows to oust it New Israeli government is just as bad as the last, says Palestinian PM New Israel government vows change, but not for Palestinians
(DBN)

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Lebanon:

Lebanon is running out of gas
(DBN)

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France:

France to Hit Pre-Crisis Output in Early 2022, Central Bank Says
(DBN)

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China:

NATO leaders declare China a global security challenge
(DBN)

Poll: Roughly half believe COVID-19 originated in Wuhan lab
(DBN)

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Russia:

Putin likens Russian crackdown to arresting Capitol rioters
(DBN)

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India:

Indians Face Bankruptcy for Life-saving Care
(DBN)

The darkest days of my life: Reporting on India's brutal second Covid wave
(DBN)

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Malaysia:

Court refuses to freeze order for Najib to pay RM1.69b taxes, says all taxpayers treated equally
(DBN)

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Brazil:

Cross-Border Insolvency In Brazil: The UNCITRAL Model Law Dances to A Samba Beat
(DBN)

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Belgium:

Hospitality closures tank Belgian's export of beer, supermarket sales provide some relief
(DBN)

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