March 11, 20201

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Neither Of These Top Biglaw Firms Will Require Attorneys To Return To The Office In 2021
(DBN)

Lawyering Through Covid-19: Key Practice Changes One Year Later
(DBN)

Mayer Brown continues New York office expansion with the arrival of restructuring partner Lucy F. Kweskin
(DBN)

Ex-Boies Schiller lawyer was ousted from new firm in ‘deplorable scheme’ to keep cryptocurrency fees, suit says
(DBN)

Tom Girardi has Alzheimer's disease, psychiatrist tells L.A. court
(DBN)

Georgetown law professor under fire for comments on Black students' performance
(DBN)

Do clients care more about a lawyer seeming smart or likable?
(DBN)

Pointing The Finger At The California Bar After Major Legal Scandal
(DBN)

New ABA ethics opinion addresses professional responsibilities of virtual practice
(DBN)

Consumer bankruptcy firm refunds Montana clients to settle misconduct claims
(DBN)

The Majority Of Columbia Law School Grads Start Their Career In Biglaw
(DBN)

Schulte Roth & Zabel Announces Promotions
(DBN)

Prosecutor’s suspicion during assault defendant’s Zoom hearing leads to arrest
(DBN)

AWKWARD! Counsel On Opposing Sides Of Cuomo Investigation Share Office
(DBN)

Lawyer Who Bragged About Storming Capitol Asks Judge If He Can Get a Drink with His Steak Tonight
(DBN)

Battle for the West Terrace: Capitol riot charges reveal details of Jan. 6 attacks on police US narrows in on organized extremists in Capitol siege probe FBI arrests 2 brothers from Southern California in Capitol riot case Youngest Trump Supporter Charged in Attack on Capitol Granted Release from Jail After Testing Positive for COVID-19 'I’m the Guy Who Got You in This Building': Capitol Rioter from Tennessee Who Identified Himself by Name on Video Has Been Arrested Prosecutors Claim Accused Capitol Rioter Gave an 'Audiotaped, Mirandized Confession' That He Assaulted Police. He Was Just Released from Jail. 'Very Brazen' Former Trump State Department Employee Ordered Jailed Pending Trial in U.S. Capitol Breach Justice Department unseals charges against 2nd Oath Keeper seen with Roger Stone US narrows in on organized extremists in Capitol siege probe
(DBN)

A pro-Trump Capitol rioter asked 'Where's the big Jew?' while searching for Chuck Schumer in the Senate
(DBN)

Manhattan prosecutors intensifying probe into Trump's New York estate
(DBN)

Michael Cohen's 7th Meeting with NYC DA
(DBN)

State court tosses Trump defamation suit against NYT
(DBN)

Trump insists 'something bad happened' with Ga. election in call with investigator
(DBN)

'Hypocrisy At Its Finest' — How Greg Abbott's Stance On Immigration Changed In 20 Years
(DBN)

Iowa reporter acquitted in a trial that shocked press freedom advocates
(DBN)

At the heart of Derek Chauvin's trial is this question: What killed George Floyd? Judge Allows MMA Fighter to Testify at Trial About Derek Chauvin's Use of a 'Blood Choke' Hold on George Floyd ‘I’m Angry’: Man Once Shot by Derek Chauvin Speaks Out as Murder Trial in George Floyd’s Death Begins Minnesota Supreme Court Just Denied Derek Chauvin’s Petition to Resolve Whether He’ll Face Another Charge — Here’s What It Means
(DBN)

New York AG’s Office Sues Former Ice Cream Shop Owner Accused of Brandishing Air Rifle While Hurling Racial Slurs at Black Protesters
(DBN)

Retired Aurora Police Officer Accused of Aiding Suspected Pipe Bomber
(DBN)

Merrick Garland confirmed as attorney general Merrick Garland Finally Gets His Confirmation
(DBN)

Lawyer who once brought loaded gun to court should be disbarred partly for deportation threats, opinion says
(DBN)

'People Are Trying to Target Me Because I'm a Trump Supporter': Video Shows Drunk Johnny Damon Arguing with Police During Wild DUI Arrest in Florida
(DBN)

Amtrak worker accused of stealing, selling 77 chain saws
(DBN)

TX: Man Drives Dealer Loaner to Rob Bank
(DBN)

Banned Uber Attacker Says She’ll Take Lyft. Then Lyft Bans Her. Goes Online in Bra to Defend Coughing on Uber
(DBN)

The saga of a 'pistol-packing cheer mom' and the murder-for-hire plot that imploded
(DBN)

Biden Revives Obama's Child Migrant Program to Slow Border Scramble
(DBN)

Michigan man sues Hertz over receipt that would have cleared him of murder
(DBN)

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Judges:

BK WD NC Says Farewell to the Charlotte Bankruptcy Courtrooms
(DBN)

A COVID-19 year in review: Courts, juries and technology
(DBN)

Accused Murderer Told a Judge to ‘S--- My D---’ in Court and Somehow That Led to 'Erroneous Discharge' from Jail
(DBN)

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Wall Street:

Nasdaq futures jump as tech shares gain, Dow looks set to add to record
(DBN)

Stocks mostly climb, except tech, as inflation worries ease
(DBN)

GameStop shares close in on $350, then nosedive in seesaw trading GameStop drops by 40% in 25 minutes
(DBN)

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Layoffs:

American, United cancel 27,000 furloughs
(DBN)

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Agribusiness:

Graham on COVID-19 aid to Black farmers: 'That's reparations' Clyburn condemns Graham for calling COVID aid to Black farmers "reparations"
(DBN)

____________

Utilities:

Climate change will have 'far-reaching' impacts on electric grid, watchdog says
(DBN)

How a Winter Storm in Texas Hammered the State and its Energy Market, Potentially Causing Greater Economic Loss than Hurricane Harvey
(DBN)

Texas power regulator, under pressure to roll back storm prices, huddles with Wall Street
(DBN)

Rich are Now Buying Their Own Power Grids
(DBN)

One way or another, Texans will get the bill for fixing the electric grid
(DBN)

____________

Recycling:

Case Profile: CarbonLite enters Chapter 11 to pursue sale process backed by four DIPs
(DBN)

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Climate:

Biden administration sharpens focus on climate risks to financial system
(DBN)

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Performing Arts:

Entertainers discuss disbelief and despair that took over when covid-19 shut down their world
(DBN)

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Economy:

Cleveland Fed: Key Measures Show Inflation Soft in February
(DBN)

BLS: CPI increased 0.4% in February, Core CPI increased 0.1%
(DBN)

Treasury yield trend suggests no relief from higher rates, backs up inflation jitters
(DBN)

A year after the pandemic struck, the U.S. economy is still struggling but coming around quickly
(DBN)

America's nightmarish year is finally ending
(DBN)

CEO outlook improves dramatically as vaccines roll out
(DBN)

Most developing countries still haven't administered a single vaccine dose ‘A very, very slippery slope’: How rising vaccine nationalism could worsen the pandemic
(DBN)

Biden prepares to stake his presidency and Democratic majority on big infrastructure Infrastructure: The U.S. Is Falling Short On Investment
(DBN)

Senate cuts reduced COVID-19 package's cost by $66 billion Here’s what the stimulus bill headed to Biden’s desk includes for unemployment Congress sends $1.9 trillion stimulus to Biden, his first major win Biden to sign coronavirus relief bill on Friday Biden's $1.9 Trillion Stimulus Bill Supported by Majority of Republicans Who will pay for the stimulus? If you’re 25, the new plan will strap you with $1,750 in annual interest by age 35
(DBN)

Here’s who qualifies for the new $3,000 child tax credit
(DBN)

$60 Billion in Tax Hikes in Covid Bill
(DBN)

Federal Taxes, Spending and Deficit All Set Records Through February
(DBN)

Biden's $1.9tn Covid relief bill marks an end to four decades of Reaganism
(DBN)

Poll: 68 percent support passage of $1.9 trillion relief bill 75 percent back key parts of coronavirus package: poll
(DBN)

Senators who voted against a $15 minimum wage represent three-quarters of the workers who would benefit, study says
(DBN)

Adult dependents are finally eligible for stimulus payments
(DBN)

Congress extends SNAP benefits, provides for additional food assistance
(DBN)

The US economy will grow 7.9% in 2021 as stimulus juices consumer spending, UBS says
(DBN)

A majority of the upcoming $1,400 stimulus checks will go towards savings rather than spending, according to BofA survey
(DBN)

Marianne Williamson: Refusal to hike minimum wage is part of 'rigged economy'
(DBN)

Democrats' messaging shifts from economic crisis rescue to poverty relief as they pass Biden relief bill
(DBN)

Four Surprising Ways COVID Changed the World a Year Into the Pandemic One year later: 15 ways life has changed since the onset of the COVID pandemic
(DBN)

Masked up but recovering: How COVID-19 changed American businesses
(DBN)

The Richest People in the World in 2021
(DBN)

Where Americans are Moving and Why
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

House hunters are snapping up multigenerational homes, and it's reshaping how the typical American family looks
(DBN)

NYC landlords are sitting on apartments because rent is getting too cheap. They'd rather keep them empty.
(DBN)

Atlanta Real Estate in February: Sales Up 5% YoY, Inventory Down 57% YoY
(DBN)

Houston Real Estate in February: Sales Up 2% YoY, Inventory Down 38% YoY
(DBN)

Colorado Real Estate in February: Sales Up 5% YoY, Inventory Down 64% YoY
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

____________

Oil/Gas:

Oklahoma Strengthens Lead Over Texas in First Purchaser Protection Matchup in In re First River Energy, LLC
(DBN)

Case Profile: Sundance Energy prepack plan sets up debt-for-equity swap, 45-day Chapter 11 case Sundance Energy Takes Action to Strengthen Balance Sheet and Position Business for Sustained Future Success, Commences Financial Restructuring With Lender Support
(DBN)

The big choices for oil and gas in navigating the energy transition
(DBN)

What's next for Biden's freeze on new oil drilling leases
(DBN)

As Oil Prices Rise, Executives Aim to Keep Them High
(DBN)

____________

Movie Theaters:

AMC Entertainment Q4 Sales Plunged 90%, Losses Ballooned Amid Pandemic; CEO Adam Aron Cites “Most Challenging Market Conditions” In 100 Years
(DBN)

Wait, Maybe Alamo Drafthouse’s Bankruptcy Is Actually a Good Thing
(DBN)

Movie theaters in Los Angeles could reopen as soon as Saturday, Gov. Newsom says
(DBN)

____________

Healthcare:

Biden to announce purchase of additional 100 million J&J vaccine doses
(DBN)

Can we get rid of Covid-19 forever?
(DBN)

Variants account for 51% of new COVID cases in NYC
(DBN)

New Coronavirus Cases Ebbing in Big Outbreak Centers
(DBN)

Spring, summer and back again: How a year of pandemic unfolded season by season
(DBN)

Eli Lilly says antibody cuts COVID-19 deaths, hospitalizations by 87 percent
(DBN)

Fauci: Texas inviting another virus surge by lifting mask mandate States lift Covid restrictions, end mask mandates and reopen despite warnings Texas opens Covid vaccines to people 50 and older as it lifts mask mandate TX AG Threatens Austin with Lawsuit Over Masks Travis County Judge: Paxton is Confused About the Law Austin officials say they'll continue requiring masks in public — but it's unclear how they'll be able to enforce the rule
(DBN)

Spring Break Photos Show Huge Maskless Crowds Partying in Florida
(DBN)

24 Hour Fitness made masks optional in Texas. At one location, most opted to go without
(DBN)

Vaccinated Americans Making Less Effort to Social Distance
(DBN)

Texas Rangers to allow full stadium at home opener after governor lifts restrictions
(DBN)

Before thousands died in Nevada, he was 'Patient Zero'
(DBN)

Denmark suspends use of AstraZeneca Covid vaccine over reports of blood clots
(DBN)

All Vaccines Are Not Created Equal in the Eyes of the Public
(DBN)

Every living former president has urged Americans to get vaccinated in a new ad series - apart from Trump who is demanding credit for the vaccine
(DBN)

Gov. DeSantis: Florida close to offering vaccines to everyone
(DBN)

'Hoping for a flood': States prepare for a surge in vaccine supply
(DBN)

100 million Americans will be vaccinated by early April, Gottlieb says
(DBN)

Here are the states with the longest and shortest life expectancies, according to the CDC
(DBN)

____________

New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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)

______________

Finance:

PPP Loans and Small Business Debtors in Bankruptcy
(DBN)

____________

Automatic Stay:

Supreme Court Holds that “Mere Retention” of Estate Property After Bankruptcy Filing Doesn't Violate the Automatic Stay
(DBN)

Unanimous Court Applies “Plain Meaning” Approach in Bankruptcy Decision
(DBN)

____________

Privacy:

Unmasking the Consumer Privacy Ombudsman
(DBN)

____________

Corporate Governance:

Director Fiduciary Duties After In re Nine West LBO Securities Litigation
(DBN)

____________

Aviation:

What covid-19 did to travel - and what it will do
(DBN)

The CDC said it won't change its travel rules for vaccinated people until more people get their shots
(DBN)

Airlines, travel groups 'urge' White House to develop COVID passports
(DBN)

One year in, these grounded frequent fliers want back up in the air
(DBN)

Boeing close to deal with Southwest for 737 Max order, sources say
(DBN)

New CDC guidelines a blow for ailing airline industry
(DBN)

One year in, these grounded frequent fliers want back up in the air
(DBN)

Norwegian Air makes final restructuring offer to creditors
(DBN)

____________

Greeting Cards:

Paper Source’s Bankruptcy Leaves Female Cardmakers Feeling Burned
(DBN)

____________

Education:

Los Angeles schools reach agreement with teachers union to reopen classrooms
(DBN)

Scarce attendance reported as Puerto Rico reopens schools
(DBN)

The stimulus bill gives nearly $40 billion to higher education
(DBN)

University of Tampa students revolt to throw their own graduation
(DBN)

New report urges reopening of schools
(DBN)

Coronavirus relief bill includes $7.6 billion to target the 'homework gap'
(DBN)

____________

Tech:

YouTube removed 30,000 videos with COVID misinformation
(DBN)

____________

Nursing Homes:

Federal officials relax guidance on nursing home visits, citing vaccines and slowing infections
(DBN)

____________

Student Debt:

Congress makes student debt forgiveness tax-free, limits revenue that for-profit colleges get from enrolling veterans
(DBN)

Here’s the average interest rate on private and federal student loans—plus what to look out for
(DBN)

____________

Child-Care:

Congress greenlights a $40 billion bailout for the child-care industry
(DBN)


____________

Politics:

40 Republicans vote against Greene motion Georgia freshman Rep. Greene says she won't back down from deliberate obstruction in House
(DBN)

Trump doubles down on calls to donate directly to him
(DBN)

Editor at conservative journal: Trumpism has become something 'between a business and a racket'
(DBN)

‘It’s a Kill Shot’: How Tish James Holds Cuomo’s Future In Her Hands
(DBN)

Chicago suburb to become first city to give Black residents reparations
(DBN)

Far Right Fueling Secession Fantasies
(DBN)

Trump's Long Con is Coming to an End
(DBN)

Trump Votes by Mail Again
(DBN)

____________

Religion:

How Politics Replaced Religion in America
(DBN)

____________

UK:

First Review of the Insolvency (England and Wales) Rules 2016: Call for evidence
(DBN)

Global economic recovery reliant on vaccination rollout and fiscal support
(DBN)

Meghan and Harry called the British tabloids racist. A lot of U.K. journalists agree. QAnon Followers Think Meghan Markle's Oprah Interview Was CGI Fact check: No, Oprah did not wear an ankle monitor during interview with Harry and Meghan Meghan and Harry Will Never Be This Interesting Again Prince William says royals 'not a racist family' after Harry and Meghan's Oprah interview
(DBN)

Business interruption insurance: A lifeline for financially distressed businesses potentially facing insolvency?
(DBN)

Brexit Tariffs are a Ticking Time Bomb
(DBN)

England's Brexit Gamble Backfiring
(DBN)

____________

Australia:

Hard bump ahead? Drop in insolvencies and bankruptcies is a ticking time bomb
(DBN)

____________

Brazil:

Brazil Covid deaths top 2,000 in 24 hours
(DBN)

____________

India:

Understanding the proposed Pre-packaged Insolvency Resolution Process and its implications
(DBN)

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