March 17, 2021

The Daily Bankruptcy News

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Law:

More Fallout From The Racial Scandal At Georgetown Law
(DBN)

2022 U.S. News Law School Rankings Predictions: A New T14?
(DBN)

Who’s Zooming who in the lateral partner market?
(DBN)

Stopping Racism In Law Schools: A First Step
(DBN)

Florida Law Firms Eager for Return to Office, Citing In-Person Associate Mentorship as Top Priority
(DBN)

Nonlawyer-Owned Law Firm Advising Small Businesses Has National Ambitions
(DBN)

Rudy Giuliani Scores Razzie Nomination For, Ahem, Touching Performance
(DBN)

Judge Rejects State Bar's Challenge to Tom Girardi's Conservatorship
(DBN)

Army initially pushed to deny District's request for National Guard before Jan. 6 • Judge Releases Two Videos Showing Jacob 'QAnon Shaman' Chansley 'Blatantly Lied' to 60 Minutes+ • Momentum of Capitol riot inquiries stalls • The hypocrisy of alleged Capitol rioters being released on their own recognizance • ‘I Was Personally Tear Gassed 8 Times’: Capitol Siege Suspect Who Complained that ‘Women and Children’ Were Repelled by Cops Now Faces Charges • Capitol rioter who allegedly buried cop's badge in backyard ordered to jail • Hundreds of Rioters May Not be Charged
(DBN)

Ex-Trump lawyer Alan Dershowitz advising MyPillow CEO Lindell in Dominion suit
(DBN)

Ammon Bundy refused to wear a mask to his trial. A judge ordered him arrested. • 'You Make Your Choice': Ammon Bundy Arrested in Idaho After Refusing to Wear Mask Inside Courthouse
(DBN)

Ex-officer on trial for George Floyd's death asks to show jury an earlier arrest
(DBN)

Man charged with spitting at Disney guard who asked for mask
(DBN)

Inside new Texas migrant facility already 700% over-capacity after only three weeks - and where 'children are going hungry and sleeping on the floor' • Democrats join Republicans with border questions • Southwest border crossings on pace for highest levels in 20 years, Biden admin says • DHS chief: U.S. pacing for more border encounters than in the last 20 years • Border upheaval looms as threat for Biden • Democrats question Rep. Kevin McCarthy’s claim that terrorists are crossing the border: ‘He is either wrong or lying’ • Four people matching terror watchlist arrested at border • Manchin calls border situation a 'crisis' • Cornyn, Cruz to lead Senate delegation to border next week • Desperation on border as thousands of unaccompanied minors cross into the U.S.: "It's heartbreaking" • Biden’s border policies are under scrutiny. His administration is racing to find solutions • Immigration challenges mount for Biden amid migrant influx • As Republicans attack Biden on immigration, poll shows support from their voters • Biden tells migrants 'don't come over' amid surge at the border
(DBN)

Immigration talk and deeds, visualized
(DBN)

Man charged in murder of 75-year-old has history of anti-Asian violence, CA cops say
(DBN)

White supremacist propaganda distribution doubled in 2020, report finds
(DBN)

A Dominion exec forced into hiding due to death threats from Trump fans is beefing up his defamation lawsuit over election conspiracy theories • MyPillow Guy Suing Dominion For THE RICO
(DBN)

Trump's children won't be able to run in 2024 because they'll be stuck in court, his niece Mary predicts
(DBN)

Trump's major problem in Georgia election probe • Trump WaPo Phone Call Correction, Explained
(DBN)

Biden Justice Department wields controversial Trump-era legal tools
(DBN)

Republican Majority Leader of Kansas Senate Arrested on Suspicion of DUI After Driving the Wrong Way on an Interstate
(DBN)

Judge Orders Plaintiff To Pay Attorneys Fees In Arizona Election Case -- This Is Why You Don't File Loser Lawsuits
(DBN)

Minneapolis Will Tap City Budget to Pay Record Floyd Settlement
(DBN)

Judge Grants Trump Extension to Respond to Congressman’s KKK Act Lawsuit After Someone Named ‘Ricky’ Signed for Summons and Complaint at Mar-a-Lago
(DBN)

Stimulus check argument led to quadruple murder, family claims
(DBN)

Comedian’s podcast remarks during jury duty spur appeal by convicted defendant
(DBN)

California man pleads guilty to firebombing Republican club
(DBN)

‘If We Tase Him, He Is Going to Light on Fire’: ACLU, Libertarians Oppose Qualified Immunity for Cops Who Set Man on Fire to Stop Him from Setting Himself on Fire
(DBN)

Suspect, 21, is arrested following chase after eight people are shot dead at three Asian massage parlors in Atlanta • Massage Parlor Massacres Suspect Said He Loved Guns & God
(DBN)

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Judges:

Judge Wedoff: On Representing Respondents At Supreme Court In Chicago v. Fulton (An Interview)
(DBN)

Judiciary Releases Annual Report and Judicial Business 2020
(DBN)

Judiciary Seeks New Judgeships, Reaffirms Need for Enhanced Security
(DBN)

FBI facing allegation that its 2018 background check of Brett Kavanaugh was ‘fake’
(DBN)

Judge accuses Arizona GOP of ‘gaslighting’ him, orders $18K payment for ‘flimsy excuses for a lawsuit’
(DBN)

Justice Breyer Should Retire Right Now • It's Time For Stephen Breyer To Retire • Justice Breyer should retire immediately, law prof writes; Senate could flip with 1 senator’s death or departure
(DBN)

Breyer, Kavanaugh, Kennedy and RBG: Everyone Is Talking About the Supreme Court
(DBN)

U.S. Judiciary Reduces New Ninth Circuit Judgeships Request
(DBN)

Presidents’ First Judicial Picks Capture Theme for Nominations
(DBN)

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Wall Street:

Stock futures dip slightly ahead of Fed verdict
(DBN)

Caution prevails in world markets ahead of Fed
(DBN)

Bill Gross says he made US$10M betting against GameStop
(DBN)

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Layoffs:

Baylor Scott & White to cut 145 jobs in Central Texas as it reduces costs
(DBN)

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Pharma:

Purdue Moves to Unload Opioid Claims Via $10 Billion Plan
(DBN)

Opioid victims could get up to $48,000 in Purdue’s bankruptcy
(DBN)

Sackler family members offer to pay $4.3bn in bankruptcy settlement
(DBN)

Joint Statement From 23 AGs on Purdue Pharma Bankruptcy Plan
(DBN)

Healey blasts Purdue Pharma bankruptcy deal
(DBN)

Purdue, family should see no profit from OxyContin
(DBN)

Advocates, some AGs wary of Purdue Pharma bankruptcy plan
(DBN)

Cramer on OxyContin maker Purdue filing $10 billion plan to exit bankruptcy
(DBN)

David Faber’s interview with Purdue Pharma chairman Steve Miller on $10 billion plan to exit bankruptcy
(DBN)

Purdue's Bankruptcy Plan Offers "Easy Pay" Option for OxyContin Users at the Expense of Babies Born Addicted to Opioids
(DBN)

Mallinckrodt battles activist shareholders to preserve RSA negotiations
(DBN)

____________

Fitness:

NYC Fitness Studios Protest to Lift Ban on Group Workout Classes
(DBN)

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Healthcare:

U.S. COVID-19 deaths fall 22% last week, daily vaccinations set record
(DBN)

After weeks of declining cases, echoes of hot spots emerge in Upper Midwest, New York City area
(DBN)

House Democrats bring back Medicare-for-all, seeking to push Biden left
(DBN)

Open and Unashamed in an Era of Consumer Protection: Unconscionable Hospital Billing Practices and the Chargemaster Racket
(DBN)

Moderna begins testing next-generation coronavirus vaccine
(DBN)

CDC says large employers can set up temporary vaccination sites
(DBN)

Birx: Trump's disinfectant injection moment was 'extraordinarily uncomfortable'
(DBN)

Trump Says He Would Recommend Getting Coronavirus Vaccine
(DBN)

A number of Republican lawmakers are saying no to COVID-19 vaccines
(DBN)

White House Covid advisor is optimistic 89% of U.S. seniors will take Covid vaccine
(DBN)

Spring Break Sends Late-Night Miami Club Scene Over the Edge • Florida spring breakers 'have forgotten that there's a pandemic,' Miami Beach mayor says
(DBN)

UFC announces next fight in Florida will have no capacity limits on fans
(DBN)

EU regulator ‘convinced’ AstraZeneca benefit outweighs risk • Even countries suspending AstraZeneca's COVID-19 vaccine say there's no proof of blood clot risk • France, Italy will allow AstraZenca vaccine if EU regulator says it's safe
(DBN)

CDC urges against spring break festivities as beachfront culture wars heat up • CDC chief warns of another Covid surge as Americans travel for spring break
(DBN)

A concerning variant is about to become dominant in the US, experts say, and how Americans act could help fuel or curb a surge
(DBN)

Why the decline in US Covid-19 testing is so alarming
(DBN)

Biden says local doctors, clergy better than Trump at persuading skeptical Republicans to get vaccinated • WH details outreach to Republicans who are hesitant to take COVID-19 vaccine
(DBN)

Most Americans who got first COVID-19 vaccine dose also got final shot - CDC
(DBN)

Duke frats disaffiliated from university to host rush. Now, the campus is on lockdown.
(DBN)

Vaccine Nationalism Threatens WHO’s 2021 Goal of 2 Billion Doses
(DBN)

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Entertainment:

Objectors Denied Emergency Bid To Halt Weinstein Co. Ch. 11
(DBN)

____________

Student Debt:

COVID tax break could open door to student loan forgiveness. Here's how it would work
(DBN)

____________

Taxis:

How Covid exacerbated NYC taxi drivers' long-standing debt from inflated fees
(DBN)

____________


Economy:

The Fed must walk a fine line Wednesday as financial markets hang in the balance
(DBN)

Back to the '70s as Fed fuels boom and hopes for no Burns marks
(DBN)

Fed GDPNow latest estimate: 5.9 percent
(DBN)

The Financial Crisis the World Forgot
(DBN)

2 new studies show rebounding incomes & optimism
(DBN)

BlackRock, Lombard Say Calls for Faster Inflation Are Premature
(DBN)

Factory production just fell for the first time since last April - it had been the healthiest part of the economy • Industrial Production Decreased 2.2 Percent in February
(DBN)

Extra $300 unemployment pay may not arrive until April or later, government says
(DBN)

Here’s how the $10,200 unemployment tax break works
(DBN)

Tens of millions will receive third stimulus payments on March 17
(DBN)

House Extends Small-Business Rescue, With $93 Billion Still Left
(DBN)

Republican attorneys general threaten key element of stimulus law
(DBN)

$1,400 stimulus checks can fall prey to private debt collectors. Democrats want to prevent that.
(DBN)

Huge fight looms over raising taxes • Wealthy Americans, corporations about to learn Biden's definition of 'fair share' of taxes
(DBN)

Biden Wants Higher Corporate Tax, Relief for Families Making $110,000, Aide Says
(DBN)

Sequencing the Post-COVID Recovery
(DBN)

Sanders signals he expects to use reconciliation for infrastructure • Why an Infrastructure Deal Everyone Wants May Fail • Biden plots tax hikes on corporations and high-earners to fund ambitious infrastructure plan
(DBN)

McConnell Rules Out GOP Support for Tax Hikes for Infrastructure
(DBN)

Democratic senators pressure Biden to cut some taxes for rich people in infrastructure bill
(DBN)

PPP paid over 4,000 businesses twice, government watchdog says - and it has to be paid back
(DBN)

Small Business Administration gets a new boss, as Covid recovery heats up
(DBN)

80% of Americans think the federal minimum wage is too low, new poll finds • Hopes and fears raised in rural West Virginia by push for $15 minimum wage
(DBN)

Apollo to Test Partial Remote Work After Vaccinations Increase
(DBN)

Evercore Co-CEO Wants Young Bankers Back in the Office by Summer
(DBN)

A year into the pandemic, Florida is booming and Republican Gov. DeSantis is taking credit
(DBN)

Retail Sales Decreased 3.0% in February • Retail sales fall in February amid winter storms; quick rebound expected
(DBN)

The case for going back to the office
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

NAHB: Builder Confidence Decreased to 82 in March
(DBN)

Homebuyers Cancel Contracts as Costs Soar
(DBN)

Median U.S. Home Prices and Housing Affordability by State
(DBN)

Landlords Struggling To Stay Afloat See Lifeline In COVID-19 Relief For Renters
(DBN)

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

Trump’s Ailing Empire
(DBN)

Phoenix Real Estate in February: Sales Up 5% YoY, Active Inventory Down 61% YoY
(DBN)

CAR on California February Housing: Sales up 10% YoY, Active Listings down 53% YoY
(DBN)

Manafort Sued by Bank Which Lent Mortgage on His Hamptons Home
(DBN)

Ex-Goldman Executive Bought Jeffrey Epstein’s Manhattan Mansion
(DBN)

Washington Prime Group signs agreement to hold off debts as bankruptcy looms • Washington Prime Misses Loan Payment, Negotiating Possible Chapter 11
(DBN)

Former redlined neighborhoods at massive flood risk
(DBN)

Homebuilders struggle with supply-side bottlenecks
(DBN)

____________

Municipalities:

Biden's stimulus may have just saved NYC - and countless state and local governments
(DBN)

Puerto Rico cracks down on tourists behaving badly as travelers return to island
(DBN)

At odds with national Republicans, GOP mayors welcome COVID relief
(DBN)

____________

Oil/Gas:

Matter of First River Energy: Some State-Specific Liens May be no More than “Amazing Disappearing Security Interests”
(DBN)

HighPoint Files for Chapter 11, but Bonanza Creek Merger Still Proceeding
(DBN)

OGUK Maintains 30,000 Job Cut Prediction
(DBN)

Volkswagen is going huge in batteries to slash the price of electric cars
(DBN)

Toyota warns rivals' gasoline engine phase-out goals must overcome huge challenges
(DBN)

Audi Will Stop Developing Internal Combustion Engines
(DBN)

From Amazon To FedEx, The Delivery Truck Is Going Electric
(DBN)

____________

Education:

Schools weighing whether to seat students closer together
(DBN)

Almost a third of children have COVID-19 antibodies in Texas study
(DBN)

Poll: 79 percent of parents want a return to in-person schooling
(DBN)

Florida Schools Reopened Without Becoming Covid-19 Superspreaders
(WSJ)

____________

Fitness:

The Gym Is Open, but Everything’s Different
(WSJ)

____________

Gambling:

Tourists take a gamble on going back to Las Vegas as casinos reopen at half capacity
(DBN)

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Pensions:

Democrats saved union pensions after Hoffa's long campaign
(DBN)

Struggling Multiemployer Pension Plans Receive a Lifeline Under the American Rescue Plan Act of 2021
(DBN)

____________

Retailing:

Tailored Brands' $75M emergency loan under scrutiny
(DBN)

Pandemic Unleashes New Big-Box Era
(DBN)

Some 2020 Retail Bankruptcies Strategic Rather Than Pandemic-Driven
(DBN)

Cold weather chills U.S. retail sales in February
(DBN)

New Toys "R" Us Owners Are Planning To Reopen Physical Stores in the U.S.
(DBN)

Who's the 'department store' now?
(DBN)

What would retailers do without the government's pandemic relief?
(DBN)

____________

Autos:

Restructuring in the automotive sector
(DBN)

____________

Utilities:

Advisers Hit Texas as Generators Fall
(DBN)

Texas energy provider Griddy files for bankruptcy after sending massive bills to customers • Griddy Energy customers may be off the hook for exorbitant energy bills after company files bankruptcy
(DBN)

Brilliant Energy Files for Bankruptcy After Texas Power Crisis
(DBN)

Griddy Offers to Cancel Texas Power Bills If Customers Don’t Sue
(DBN)

Texas House leader signals opposition to retroactive power price cuts • Texas House speaker: No ‘error’ in ERCOT’s $16 billion charges; decision may have saved lives
(DBN)

Texas Senate Fast-Tracks Rollback of Winter Storm Electricity Prices
(DBN)

Texas’ Last Power Regulator Resigns After Crippling Blackouts • Texas' sole utility regulator resigns
(DBN)

Texas officials say $29 million in electric bills to be forgiven
(DBN)

S&P podcast: The mess with Texas
(DBN)

____________

Cruise Lines:

A US-based cruise line just announced fully vaccinated Bahamas-only cruises starting in July
(DBN)


____________

Tobacco:

Smoking Headed for Extinction in U.S. by 2050, Report Says
(DBN)

____________

Sports:

How the NCAA tournament built its 'bubble' in Indianapolis
(DBN)

“Grand start” Olympics to kick off next week
(DBN)

____________

Agribusiness:

State completes audit of disputed herd; records show no discrepancies at Easterday operation
(DBN)

____________

Lehman:

Lehman Brothers Holdings Inc. Files New Adversary Proceedings Against Mortgage Brokers
(DBN)

____________

 
New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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:

Retail and Other Bankruptcies Could Rise in Second Half of 2021
(DBN)

Restructuring Corporate Debt – A Different Kind of Cycle
(DBN)

Las Vegas, Reno and Annual Bankruptcy Case Filing Statistics
(DBN)

Pandemic measures have prevented bankruptcy filings in Arizona, but a flood may be on the horizon
(DBN)

______________

Jurisdiction:

Litigation that tests FERC, bankruptcy court boundaries teed up in 5th Circuit
(DBN)

____________

Means Test:

Updated Means Test Information for Cases Filed on and After April 1, 2021
(DBN)

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Bankruptcy Reform:

Chairman Nadler Floor Statement in Support of H.R. 1651, the COVID-19 Bankruptcy Relief Extension Act of 2021
(DBN)

____________

Private Equity:

Did a New York Federal Court Just Burst a Private Equity Bubble?
(DBN)

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D&O:

Bankruptcy and D&O Insurance: 10 Issues to Consider One Year into the COVID-19 Pandemic
(DBN)

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Avoidance Actions:

Maryland Court of Appeals: Change of Beneficiary of Insurance Policy Is “Conveyance” Under Uniform Fraudulent Conveyance Act
(DBN)

____________

Aviation:

JetBlue is calling flight attendants back to work to handle increase in travel demand
(DBN)

Were the Airline Bailouts Really Needed?
(DBN)

FAA to extend ‘zero-tolerance’ policy for bad behavior while federal mask mandate is in place
(DBN)

Spirit Airlines kicks four-year-old boy with autism off flight for not wearing mask
(DBN)

Apollo-Backed Sun Country Airlines Said to Price IPO at $24 • Sun Country's next takeoff is on the stock market
(DBN)

Budget airline stocks are running circles around the big guys — here’s why
(DBN)

Adults get the vaccine. Kids have to wait. So when can families travel safely?
(DBN)

US airports have over $115B in infrastructure needs, report finds
(DBN)

Ticket? Passport? Add a Covid Vaccination Card to the List of Must-Have Travel Documents
(WSJ)

____________

Religion:

Rebel priests defy Vatican, vow to bless same-sex couples
(DBN)

____________

Climate:

Here's what young conservatives think about climate change
(DBN)

Biggest total from record-shattering snowstorm tops 50 inches
(DBN)

‘There’s no alternative’: Louisiana’s ambitious plan to stay above water
(DBN)

____________

Gig Economy:

Uber to reclassify 70,000 U.K. drivers as workers after ruling • Uber under pressure on UK minimum wage in test of gig economy
(DBN)

Posed as Uber Driver to Hunt, Rape Women
(DBN)

____________

Politics:

Democrats loved bankruptcy professor Katie Porter when she bashed Trump. Now she is making them squirm
(DBN)

Special election a bellwether for Texas Democrats
(DBN)

McConnell Warns Democrats of ‘Scorched-Earth Senate’ If Filibuster Is Removed • McConnell warns of GOP retribution if Democrats eliminate filibuster • McConnell threatens a 'scorched-earth' Senate if filibuster is axed. Time to test him.
(DBN)

Biden Says Senate Rules Should Change to Make Filibuster Harder • Biden, for first time, says he backs a filibuster overhaul • Biden says he supports return to 'talking filibuster'
(DBN)

Poll: Almost half say filibuster should remain in place
(DBN)

Trump says election 'should have been overturned' • Trump: Supreme Court should be 'ashamed' for not reversing Biden win
(DBN)

Kissing the ring: Inside the GOP courtship of Trump's endorsement
(DBN)

Senate centrists weigh brokering deals on immigration, minimum wage
(DBN)

Biden to Hold First Formal News Conference on March 25
(DBN)

Senior Democrat caught on hot mic suggests bypassing Republicans on infrastructure
(DBN)

New York Democrats don't necessarily think Cuomo should resign, but they may be done voting for him • Cuomo accuser Karen Hinton says he was ‘aroused’ when he hugged her • Biden Says Cuomo Would Have to Resign If Allegations Confirmed • Inside the New York Democrats' messy fight over whether to impeach Andrew Cuomo • President Joe Biden finds allegations about Gov. Andrew Cuomo 'hard to read,' White House says
(DBN)

Catholic order commits to making $100 million in U.S. slavery reparations
(DBN)

Democrats, progressives fight California governor recall • Gavin Newsom and Democrats are dragging Donald Trump into the recall fight • Newsom: Recall effort 'appears to have the requisite signatures' • Gavin Newsom Admits on The View That He’s Spooked By the Push to Recall Him: ‘Of Course I’m Worried’ • California's surprising recall effort highlights failures of America's top governors
(DBN)

New poll shows Cuban-American voters align with GOP
(DBN)

Twitter suspended over 150,000 QAnon-related accounts
(DBN)

Russia and Iran tried to interfere with 2020 election, U.S. intelligence agencies say • U.S. Spy Agencies Reject Trump Claim of China Election Meddling • New U.S. Intelligence Community Report Confirms 2020 Election Was Secure, Despite Campaigns by Putin's Russia and Iran
(DBN)

HBO Thinks They Know Who "Q" Is
(DBN)

The Covid Queen of South Dakota
(DBN)

Virginia Gov. Ralph Northam restores voting rights for ex-felons
(DBN)

Russia targeted people close to Trump in bid to influence 2020 election, U.S. intelligence says
(DBN)

____________

EU:

European Nations Told to Speed Vaccinations to End Lockdowns
(DBN)

Tourism-starved Europe charts course for summer travel
(DBN)

‘I Have No Money for Food’: Among the Young, Hunger Is Rising
(DBN)

____________

Norway:

Norway's capital introduces tightest restrictions of pandemic
(DBN)

____________

France:

Lower French SME Insolvencies
(DBN)

France Weighs Implementing a Weekend Lockdown for Paris
(DBN)

____________

Germany:

German economic advisers expect GDP to shrink by 2% in first quarter
(DBN)

____________

Philippines:

Manila orders anyone below 18 to stay indoors as virus cases surge
(DBN)

____________

China:

Ex-PBOC Official Warns of ‘Huge’ Losses With Monetary Tightening
(DBN)

____________

Australia:

Australia Small Business Failures Expected to Rise
(DBN)

Big trouble in small business restructuring
(DBN)

Mistaken identity or fraud? Bankruptcy and the use of an alias
(DBN)

____________

Hong Kong:

Heralding a New and Healthy Era of Cross-Border Insolvency Recognition in Hong Kong
(DBN)

____________

MENA:

'We are hungry': Lebanese protest worsening economic crisis
(DBN)

____________

Mexico:

Mexican Drug Cartels Have Turned Once-Thriving Guadalajara Into a War Zone
(DBN)

____________


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