March 25, 20211

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Skadden Jumps Into The Spring Bonus Wars • Top Biglaw Firm Announces New Spring Special Bonuses, And The Bonus War Is On! • Milbank, Skadden Join Bonus War With Associate Payouts
(DBN)

Debevoise to Pay Extra Bonuses in ‘Time of Exceptional Demands’
(DBN)

Paul Weiss Latest Firm to Announce Extra Associate Bonuses
(DBN)

Some Law Firms Have A Problem Keeping Up With The Joneses
(DBN)

Springtime For Biglaw Bonuses
(DBN)

Quinn Emanuel Hit With Racial Discrimination Suit
(DBN)

Kilpatrick Townsend Adds Danielle Barav-Johnson to the Firm’s Bankruptcy & Financial Restructuring Team in Atlanta
(DBN)

Hiring decisions based on first-year grades miss ‘exceptional students,’ according to new paper
(DBN)

The Former Biglaw Attorney Poised To Be The First Black U.S. Attorney At S.D.N.Y.
(DBN)

Asian American Law Student Describes Disgusting Incidents Of Racism She's Endured Due To Pandemic
(DBN)

Yale prof claims she was wrongly fired after tweeting about Trump, Dershowitz, shared psychosis
(DBN)

Law School STILL Named After Slaveholder
(DBN)

Dean At Elite Law School Apologizes For 'Offensive Characterizations'
(DBN)

The New U.S. News Law School Rankings Should Have Used Tuition As A Ranking Metric Instead Of Student Loans
(DBN)

Wall Street Law Firm Emerges as N.Y. Power Center in Biden Era
(DBN)

Federal prosecutor is removed from criminal cases after allegations of witness pressure
(DBN)

DA says she will toss 74,800 criminal cases because of lab fiasco
(DBN)

Prosecutors allege 'alliance' between Proud Boys and Oath Keepers on Jan. 6 • ‘Wait for the 6th When We Are All in DC to Insurrection’: New Communications Indicate Coordination Between Oath Keepers, Proud Boys, and Three-Percenters • New Evidence Points To Coordination Among Extremist Groups Ahead of Capitol Riot • Videos show ally of Marjorie Taylor Greene among mob inside Capitol during January 6 riot • New videos show attack on Officer Brian Sicknick during Jan. 6 riot • Outer fencing around Capitol comes down • Justice Dept. faces risks, rewards with riot sedition charges • Could Jan. 6 rioters face sedition charges? And what would that mean? • 'This Will Be a Turning Point in Our Nation': 'Relationship Strategist' Nabbed by Feds Due to Celebratory Twitter Posts About Jan. 6
(DBN)

Judge Criticizes DOJ For Talking About Capitol Riot Conspiracy Case In The Press
(DBN)

Trump and Don Jr. Lawyer Up for Eric Swalwell’s Jan. 6 Riot Lawsuit
(DBN)

Sidney Powell Dismisses Lawsuit Defense 'Fake News,' Doubles Down on Conspiracies
(DBN)

Fulton County DA Might Try to Bring Rudy Giuliani Up on Felony False Statement Charges: Report
(DBN)

Official: Colorado shooting suspect prone to rage, delusions • Colorado mass shooting suspect to make initial court appearance on Thursday • Boulder mayor says Biden called after shooting: 'Clearly pained by our losses'
(DBN)

Biden eyes executive actions and legislation on gun control: White House
(DBN)

US Appeals court rules Americans don’t have right to open carry guns in public • Ninth Circuit Goes Back to English Law in the Middle Ages, Says Pre-U.S. Law in Hawaii Allows State’s Open Carry Restrictions
(DBN)

Shootings never stopped during the pandemic: 2020 was the deadliest gun violence year in decades
(DBN)

Armed and Misogynist: How Toxic Masculinity Fuels Mass Shootings
(DBN)

Motive of Virginia Beach mass shooter remains a mystery, report says
(DBN)

Senior White House officials to visit border facility, allow one news network camera inside • Pressure Builds for Joe Biden to Visit Border as Crisis Worsens • Biden taps VP Harris to lead response to border challenges • Biden Summons Mayorkas, Becerra to Discuss Migrant Surge • Biden to use San Diego Convention Center as emergency site for child migrants • Senate Republicans fail to label migrant surge at U.S.-Mexico border a crisis • GOP strategist warns migrant surge could launch ‘blame machine’ against Biden • Migrants at Tijuana Crossing Ask Biden to 'Say Yes' to Asylum • As Texas Lawmakers Bicker About the Border Crisis, Arizona's Kyrsten Sinema, Mark Kelly Quietly Get to Work
(DBN)

U.S. Refugee Program 'On Life Support,' Facing Big Challenges
(DBN)

Real Stats on Illegals Living in America
(DBN)

Atlanta Man In Body Armor Detained After Carrying 5 Guns into Grocery Store
(DBN)

On Gun Reform, Colorado Shows This Time Might Be Different
(DBN)

Firearm Mortality Rates by State
(DBN)

Private Prison Operators Hit by Downgrades After Biden Order
(DBN)

Asian Grandmother Who Smacked Her Attacker With A Board Donates Nearly $1 Million
(DBN)

High School Coach Fired Over Team's Anti-Semitic Play Calls
(DBN)

Virginia Governor Signs Law Abolishing The Death Penalty, A 1st In The South
(DBN)

With the elderly in mind, U.S. Supreme Court wary of limiting police in home entries • Justices Appeared Pretty Pro-Cop During Oral Arguments Over Warrantless Searches of Private Homes
(DBN)

South Dakota Contemplates Outlawing Nonexistent Threat Of Forced Abortions
(DBN)

Lawyers Had Some Thoughts After Ann Coulter Claimed Washington, D.C. Can’t Constitutionally Become a State
(DBN)

Texas Man Shot and Killed 6-Year-Old Girl Because of a Clogged Toilet: Police
(DBN)

Idaho Churchgoers Sue Police, City Government After Being Arrested For Not Wearing Masks Outside
(DBN)

This is what happens when ICE asks Google for your user information
(DBN)

Murder rates rose sharply in U.S. cities in 2020
(DBN)

America's Great Crime Decline is Over
(DBN)

‘SoHo Karen’ Sued for False Imprisonment, ‘Violent Incident of Racial Profiling’ Against Jazz Musician’s Teen Son
(DBN)

Cops: Botched Order Prompted Big Mac Attack
(DBN)

'That's Not Normal': Florida Mom Allegedly Showed Up to Middle School Wearing Boxing Glove, Joined Daughter in Attacking Other Student
(DBN)

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Wall Street:

Stock futures rise slightly as pressure on tech stocks pauses
(DBN)

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Fitness:

Hundreds Of Former Boston Sports Clubs Members To Get Refunds
(DBN)

____________

Cannabis:

Deal Reached to Fast-Track Legalizing Marijuana in New York
(DBN)

____________

Steel:

U.S. Steelmakers, Industry Users Tussle Over Future of Tariffs
(DBN)

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Food/Beverage:

Hyperlocal delivery apps help lockdown-hit restaurants stay afloat
(DBN)

A pandemic year, two cafes and an abundance of doubt about the other side
(DBN)

Flynn Restaurant Group finalizes acquisition of NPC International’s Pizza Hut locations and most of its Wendy’s restaurants
(DBN)

____________

Horse Racing:

MGG to Bankruptcy Judge: 'Zayat Is a Perpetual Liar Determined to Hinder and Obstruct'
(DBN)

____________

Healthcare:

Hospitals still in "survival mode," inspector general report finds
(DBN)

Judge approves Machias hospital’s purchase of bankrupt Calais hospital
(DBN)

WA Provider Files Complaint Against Cerner in Bankruptcy Court
(DBN)

Private Equity Piles On Debt to Pull Cash From Health-Care Firms
(DBN)

One-quarter of Americans have now had at least one COVID-19 vaccine dose: CDC
(DBN)

Over 40 states set to expand vaccine eligibility to all adults by May 1
(DBN)

U.K. Variant 'Widespread' in Minnesota as State Leads U.S. For Used Shots
(DBN)

Coronavirus cases rise in 19 states
(DBN)

Covid deaths on the rise again globally amid warning 'worst yet to come' for some countries
(DBN)

'Lying Through Truth': Misleading Facts Fuel Vaccine Misinformation
(DBN)

Hundreds of migrant children detained at border have tested positive for COVID-19
(DBN)

Boris Johnson reportedly credits 'greed' and 'capitalism' for vaccine success, sparking debate
(DBN)

Reopening as covid-19 fades is not a science
(DBN)

49% of Republican men say they won't get vaccinated; these wives and daughters are on a mission to change their minds • White Texas Republicans Most Likely To Oppose COVID Vaccine—Poll
(DBN)

7 in 10 people hospitalized for Covid-19 have not fully recovered five months after discharge, study says
(DBN)

Scared to death? Doctor says patients with serious diseases are dying from fear of COVID-19
(DBN)

Some Covid-19 Patients Say They’re Left With Ringing Ears
(DBN)

AstraZeneca revises Covid vaccine data with lower efficacy rate
(DBN)

Wealthy Florida seniors got more COVID vaccines when supply was scarce
(DBN)

____________

Religion:

Pope orders salary cuts for cardinals, clerics, to save jobs of employees
(DBN)

Pope names prominent Chilean clerical abuse survivor to Vatican panel
(DBN)


____________

Economy:

IHS Markit’s U.S. Price Gauges Increase to Fresh Records
(DBN)

U.S. factory activity picks up in March; cost pressures building - IHS Markit
(DBN)

Treasury yields climb after Powell forecasts ‘strong’ economic growth
(DBN)

Trump More Than Doubled US Account Deficit
(DBN)

U.S. durable goods orders decrease for first time since April
(DBN)

7 ways America's economy could change forever under Biden, from a top economics professor
(DBN)

Powell sees 'highly desirable' gains behind modest fed jobs view
(DBN)

The fiscal policy response to the pandemic
(DBN)

Yellen Gets Testy With GOP Senator Questioning Over IMF Funding
(DBN)

BlackRock Is Target of Yellen-Warren Clash Over Tough Oversight
(DBN)

Yellen now open to U.S. bank dividend payouts, stock buybacks
(DBN)

Yellen says post-crisis plans will move to infrastructure, taxes
(DBN)

Yellen: US has space to spend despite rising debt
(DBN)

Fed's Daly says expect a 'dose of patience' on rates
(DBN)

NY Fed's Williams says time frame for raising rates will be driven by economy
(DBN)

DOT: Vehicle Miles Driven decreased 9.6% year-over-year in January
(DBN)

Biden to unveil multitrillion-dollar infrastructure plan in Pittsburgh next week
(DBN)

Manchin says Democrats should pay for infrastructure, raise corporate taxes
(DBN)

Ultra-Rich Start Bracing for Backlash
(DBN)

Corporate Tax Rate Plunged by More Than Half
(DBN)

The World Is Facing a Coffee Deficit in Supply Chain ‘Nightmare’
(DBN)

Supporting workers and families in the pandemic recession: Results in 2020 and suggestions for 2021
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Tenant's Election to Retain Possession of Rejected Lease Premises Preserves Obligations Under Related Agreements
(DBN)

Homebuyer mortgage demand inches higher, but rates hit highest level since summer
(DBN)

Millions of tenants could get evicted again in 7 days, but Biden may extend the ban through at least July
(DBN)

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

Deutsche Bank Asset Manager Cuts Office Space on Work-From-Home
(DBN)

Manhattan Residents Who Fled During Pandemic Didn’t Go Very Far
(DBN)

Mall of America spent more than half a million dollars on lobbying last year
(DBN)

NJ Mall Didn't Pay Electric Bill, May Lose Power: Reports
(DBN)

____________

Municipalities:

Yellen Says Restrictions on State Aid in Covid Relief Bill Raise ‘Thorny’ Questions
(DBN)

____________

Oil/Gas:

GOP-Led States Sue Over Biden ‘Moratorium’ on Oil and Gas Leases
(DBN)

Shale Patch Feeling the Cost Creep as Workers Return to Drilling
(DBN)

Refinery rained oil onto Virgin Islands community that awaits cleanup a month later
(DBN)

Rystad: Offshore Drilling Activity is Poised for a Rebound
(DBN)

Renault Trucks to End Fossil Fuel Use by 2040
(DBN)

____________

Education:

Gov’t data show race, region disparities in school reopening
(DBN)

____________

Mail:

For Louis DeJoy, USPS plan a reflection of hard choices and new realities
(DBN)

____________

Pharma:

Judge Blocks Lawsuits Against Sackler Family As OxyContin Bankruptcy Talks Continue Facebook Twitter Flipboard Email
(DBN)

____________

Politics:

Senators back off vow to withhold support of Biden nominees
(DBN)

QAnon pivots to spreading conspiracies about China and Jewish people
(DBN)

GOP-Led States Oppose ‘Just About Everything’ From Biden
(DBN)

Cuomo Says Critics ‘Don’t Understand the Nature of the Job’ • Cuomo goes from a rising star to an imploding one • Every Scandal to Hit Andrew Cuomo So Far This Year • Andrew Cuomo’s family members were given special access to covid testing, according to people familiar with the arrangement
(DBN)

Top Senate Republican blasts sweeping U.S. election reform bill as 'power grab' • Senate panel dukes it out over voting rights • Angus King signals he would nix filibuster for voting rights • Chuck Schumer Hints at Filibuster Reform in Push To Pass Voting Rights Act
(DBN)

Democrats plan to squeeze GOP over filibuster
(DBN)

McConnell says he and Biden aren't talking
(DBN)

Is Greed Good? Comeback Of Congressional Pork Spending Might Resurrect Compromise, Bipartisanship
(DBN)

Kamala Harris to hold discussion with Bill Clinton on 'empowering women and girls,' igniting criticism
(DBN)

____________

Celebs:

A paparazzi agency has filed for bankruptcy after losing a legal battle to Meghan Markle
(DBN)

____________

Agribusiness:

USDA Targets More Farmers With New $12 Billion Covid Aid Round
(DBN)

____________

Student Debt::

Senator Says Joe Biden Canceling $1B Student Loans 'Just the Beginning'
(DBN)

____________

Maritime:

Stranded Suez ship's owner, insurers face millions in claims
(DBN)

Ever Given, a massive cargo ship, is still stuck in the Suez Canal
(DBN)

Ship Stuck in Suez Canal Risks Blocking Key Trade Route for Days
(DBN)

Rescuers say container ship stuck in Suez could take weeks to unblock
(DBN)

Elite Salvagers Set to Tackle Massive Ship Blocking Suez Canal
(DBN)

____________

Trucking:

A Crash, A 'Nuclear' Jury Verdict: Another Trucker Heads to Bankruptcy Court
(DBN)

Rise in ‘nuclear verdicts’ in lawsuits threatens trucking industry
(DBN)

____________

Pensions:

The Multiemployer Pension Bailout Is Huge. But Here Are The Retirees Still Waiting For Theirs
(DBN)

____________

Fraud:

If You’ve Literally Written Checks Filled With Client Money To Yourself, It’s Probably Best To Come Up With A Different Defense Against The Ensuing Fraud Charges Than A Pearl-Clutching ‘I Had No Idea’
(DBN)

____________

Gambling:

Caesars sues insurance carriers for more than $2B lost to COVID-19
(DBN)

____________

Corporate Governance:

Visualizing the Rise of Women on Boards of Directors Worldwide
(DBN)

____________

History:

Ten Historians Assess the Trump Presidency
(DBN)

____________

Crypto:

Dalio: US Will Probably Outlaw Bitcoin
(DBN)

____________

Climate:

Sweden Says Global Warming Could Alter Future of Monetary Policy
(DBN)

Central bankers note costs of climate action in cautious report
(DBN)

UK proposes requiring businesses to disclose climate risks by 2022
(DBN)

California rainfall is at historic lows, water restrictions handed down this week
(DBN)

Denver is now less than 3 inches from breaking all-time snow record
(DBN)

Carbon Tax Sidelined in Biden’s Push on Climate, Taxes
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 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)

______________

Bankruptcy Statistics:

BK CD CA: February 2021 filings up slightly
(DBN)

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Claims Agents:

BK NV Issues Updated Guidelines For Claims And Noticing Agents
(DBN)

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Automatic Stay:

Mere Retention of Property Does Not Violate the Automatic Stay
(DBN)

____________

Safe Harbors:

Fairfield Sentry: A look into the application of the US safe harbor provisions and the Hague Convention to foreign claims
(DBN)

Solicitor General Recommends Denial of Cert. in Tribune Despite Perceived Errors
(DBN)

____________

Bankruptcy Reform:

Expanded Eligibility for Small Business Bankruptcy Relief Set to Expire This Week
(DBN)

____________

Exculpation:

Washington Bankruptcy Court Approves Chapter 11 Plan Exculpation and Release Provisions
(DBN)

____________

Mootness:

Third Circuit Invokes Equitable Mootness to Bar Appeal of Gifting Chapter 11 Plan
(DBN)

____________

Aviation:

Summer travelers grapple with a vaccine gap
(DBN)

United targets Midwest vacationers in summer schedule boost
(DBN)

By Sticking It To Consumers, Are U.S. Airlines Tempting Fate?
(DBN)

Ryanair Chief Touts Robust Summer for Travel, Despite Setbacks • Ignore ministers and book your holiday, Ryanair boss says
(DBN)

Travel industry bets on vaccine passports to draw Brits to Med
(DBN)

Canada's WestJet Airlines restores routes as COVID-19 shots raise hope
(DBN)

Jet Airways bid winners seek nod to discuss restoration of airport slots
(DBN)

____________

Utilities:

Regulator: Evidence suggests Texas 'absolutely' didn't follow recommendations to winterize power equipment
(DBN)

Texas officials, leaders testify to Congress about winter power failure
(DBN)

Who's Responsible for the Texas Blackouts?
(DBN)

California DAs Could Sue Utilities for Unkept Power Lines Under New Proposal
(DBN)

Americans Show Elevated Concern About Energy
(DBN)

____________

Cruise Lines:

Cruise industry pressures CDC for green light to sail by July, calling ban 'outdated' • CDC says no-sail order to remain in place until Nov. 1 despite cruise association request
(DBN)

____________

Autos:

GM further cuts production in North America due to global chip shortage
(DBN)

Global Chips Shortage Worsens
(DBN)

Tesla urges court to reinstate hike in emissions penalties
(DBN)

____________

Sovereigns:

Suriname creditors won't trigger default on foreign debt bonds, want more data access
(DBN)

A green solution to sovereign debt restructuring
(DBN)

Argentina can’t pay $45 billion IMF loan, vice president says
(DBN)

____________

UK:

Pre-Pack Administrations: How Do Administrators Evaluate the Evaluator?
(DBN)

Johnson Warns U.K. May Need Tougher Border Measures ‘Very Soon’
(DBN)

UK's Johnson mulls tougher rules for France as EU's COVID situation 'difficult'
(DBN)

John Lewis to Close More Stores With Almost 1,500 Jobs At Risk
(DBN)

Johnson Vows to Protect U.K. Steel Jobs With Liberty at Risk • Liberty Steel asks customers to pay up front
(DBN)

CEO Rents London Mansion for $69,000 a Week in Mayfair Record
(DBN)

U.K. House Prices Post Their First Monthly Decline Since April
(DBN)

Passport to pubs? UK's Johnson suggests landlords could ask drinkers for vaccine proof
(DBN)

UK stands pat on Brexit swaps trading as EU banks hurt
(DBN)

British meat industry warns of permanent loss of trade with EU
(DBN)

____________

EU:

New EU insolvency rules could underpin business rescue in the COVID-19 aftermath
(DBN)

EU moves toward stricter export controls for COVID vaccines • EU tightens curbs on vaccine exports amid third infection wave
(DBN)

EU May Want to Rethink Dosing to Speed Up Vaccinations
(DBN)

Pandemic rages in Eastern Europe leaving hospitals struggling to cope
(DBN)

Euro zone consumer confidence jumps more than expected in March
(DBN)

____________

Canada:

Trudeau Says New Mandate Isn’t Needed for Pricey Recovery Plan
(DBN)

____________

India:

IBC will be back in full force from March 25
(DBN)

Many lives were changed by India’s lockdown a year ago
(DBN)

Downgrading of India's Sovereign Rating
(DBN)

India detects 'double mutant' coronavirus variant in western state
(DBN)

India pauses vaccine exports amid surge in cases
(DBN)

____________

Brazil:

Under Pressure, Bolsonaro Pivots on Pandemic Response in Brazil • Brazil set to pass 300,000 deaths as Bolsonaro pledges more COVID-19 coordination
(DBN)

Brazil Is Looking Like The Worst Place On Earth For COVID-19
(DBN)

____________

Mexico:

Mexico to speed up vaccine rollout, fearing risk of new COVID-19 wave
(DBN)

____________

Australia:

New Australian Insolvency Law Reforms Enacted for Small Businesses
(DBN)

____________

Belgium:

Introduction of pre-pack reorganization
(DBN)

Belgium imposes new lockdown to fight third COVID-19 wave
(DBN)

____________

Finland:

Finland proposes home lockdown for Helsinki residents for first time during pandemic
(DBN)

____________

France:

France may extend COVID restrictions to three other regions, including Lyon
(DBN)

____________

MENA:

Netanyahu short for right-wing coalition, would need Arab support
(DBN)

____________

Germany:

After backlash, contrite Merkel ditches stricter Easter lockdown • The German government is in free fall
(DBN)

____________

Poland:

Poland 'lacking beds everywhere' as new COVID-19 cases peak
(DBN)

____________

Netherlands:

Why Amsterdam bet its post-Covid recovery on ‘doughnut’ economics
(DBN)

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