March 30, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

It’s Special Bonus Time At This Major West Coast Biglaw Leader
(DBN)

Latham Offers Up Big Bonus Bucks For Associates
(DBN)

Well, Well, Well, Weil!
(DBN)

White & Case Matches Special Bonuses -- Which Payout Method Did They Choose?
(DBN)

Cravath Special Bonuses Have Finally Arrived! • Cravath Matches Special Spring and Fall Associate Bonuses
(DBN)

Willkie Farr, first to announce 2021 special bonuses, matches going rate; will extra payouts continue in 2022?
(DBN)

Biglaw Firm Rewards Associates, Counsel With Generous Bonus Payments
(DBN)

Welp, It Doesn't Look Like This Biglaw Firm Will Be Matching Spring Special Bonuses
(DBN)

Yeah, We Need More Women General Counsel
(DBN)

Bar Exams May Soon Be Easier to Pass, as States Eye Changes
(DBN)

Sixth Circuit Rules That Religious Freedom Entitles Professor To Debate Student’s Gender Identity In Class
(DBN)

Young Lawyers Reveal How They Made Partner in a Pandemic, Part 2
(DBN)

US News releases its 2022 law school rankings; which schools had lowest student debt? • US News' Rough Year Just Got Worse: Law School Rankings Changed a Third Time
(DBN)

How a Good Year Can Trip Up Firms Down the Road
(DBN)

'My Child Is Interrupting Me Right Now.' The Challenges of Lawyering and Parenting in a Pandemic
(DBN)

'More and More Disgruntled': Lawyers Seek to Manage Client Expectations Amid Pandemic
(DBN)

The Culture of Law: Can Non-Lawyers Successfully Run Law Firms?
(DBN)

Dechert, Norton Rose Fulbright to Offer Paid Leave for COVID Shots
(DBN)

Several states consider lowering cut scores on bar exam, making it easier to pass
(DBN)

Former officer’s trial in George Floyd’s death gets underway • Derek Chauvin trial represents a defining moment in America's racial history • Judge Peter Cahill faces huge challenge leading Derek Chauvin trial • Jurors in ex-officer’s high-profile trial face heavy burden • Can the Jurors Ensure a Fair Trial in the Derek Chauvin Case? • Floyd family lawyer: No one would call this a hard case if victim was white • Floyd family, legal team kneel for 8 minutes 46 seconds outside courthouse • What we know about Eric J. Nelson, the lawyer presenting opening arguments for Derek Chauvin •What to know about Jerry W. Blackwell, the prosecutor making opening arguments •‘Reasonable’ Force Is Focus in Trial of Floyd’s Accused Killer • Prosecution makes opening arguments in trial of Derek Chauvin, officer charged with murdering George Floyd • Both Sides Wrestled with Cause of George Floyd's Death in Opening Statements of the Derek Chauvin Trial — Here's What They Said • New George Floyd vid shows cops holding him down as 911 worker says she feared being ‘snitch’ when she alerted police • In ex-cop’s trial, defense promises video too • Witness describes seeing George Floyd 'slowly fade away'
(DBN)

Supreme Court to hear whether Republican attorney general can defend Kentucky abortion law • Supreme Court agrees to hear first abortion case with 6-3 conservative majority • Supreme Court Will Decide Procedural Question in Abortion Case
(DBN)

Capitol Rioter Wanted to Lynch Black Officer He Believed Shot Ashli Babbitt, Prosecutors Say • Capitol Police provided more than 14,000 hours of Jan. 6 footage to lawmakers
(DBN)

Dominion won't rule out lawsuit against Trump • Dominion Builds Legal Behemoth to Drain Trumpland of Billions
(DBN)

SCOTUS leaves in place a ruling blocking Hillary Clinton deposition over email server
(DBN)

44 percent say gun violence is related to easy access to firearms: poll
(DBN)

6 Bold Ideas for Gun Reform That Could Actually Happen
(DBN)

CDC Funding Gun Violence Research
(DBN)

School plotters often are bullied, suffer from depression
(DBN)

Lindsey Graham says he needs AR-15 for defense: 'My house will be the last one that the gang will come to'
(DBN)

Why the defamation lawsuits against Fox News could seriously hurt the company
(DBN)

Mother of Six and Her Husband Were on Vacation When 'Murderous Coward' Shot Her in Road Rage Incident: Sheriff
(DBN)

Judge Tosses Lawsuit Because Attorney Said He Couldn't Breathe While Wearing a Face Mask
(DBN)

Three more women allege assault by Deshaun Watson in lawsuits
(DBN)

Justin Frazell Arrested for Sexual Assault
(DBN)

Attorney That Liked To Talk About His Proclivity To 'Finger Women' Suspended
(DBN)

Ghislaine Maxwell Hit with New Indictment Adding Two Charges Against Her in Sex-Trafficking Case • New Underage Victim Accuses Ghislaine Maxwell of Abuse
(DBN)

Guatemala declares emergency measures as new caravan rumored • Influx of Russian, Syrian and Iraqi immigrants are traveling to Mexico to cross the US border • America's Immigration Amnesia
(DBN)

‘We Want You to Beat Him’: Video Shows Maryland Cops Berating and Handcuffing a Kindergarten Student Who Left School After Tantrum
(DBN)

Supreme Court reinstates murder conviction, says 6th Circuit ignored ‘ample evidence’
(DBN)

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Judges:

BK NJ: Public Notice for Reappointment of Bankruptcy Judge
(DBN)

Maine Bankruptcy Courthouses opening
(DBN)

Justice Breyer Turned to 'Ishkabibble' Hypothetical as SCOTUS Considered Whether Goldman Sachs Should Be on the Hook for Lying About Subprime Mortgages
(DBN)

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Wall Street:

S&P 500 futures fall as tech shares got hit amid rising bond yields
(DBN)

All Work and No Play Could Make Wall Street Less Profitable
(DBN)

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Layoffs:

Boston Dynamics introduces 'Stretch', new warehouse worker robot
(DBN)

Robots May Replace 20% of Oilfield Jobs in a Decade, Report Says
(DBN)

AT&T Said Tax Cuts Would Create Jobs - Now Firing Thousands
(DBN)

150 laid off by Gilbert Public Schools
(DBN)

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Maritime:

Massive container ship freed from Suez Canal • Suez Canal traffic resumes after cargo ship Ever Given is moving again • The Suez Canal fiasco could disrupt supplies for months to come • Suez Isn't the Only Concerning Waterway
(DBN)

Global reinsurers stare at massive losses from Suez Canal blockage, Fitch says
(DBN)

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Climate:

Wind and solar power aren’t displacing coal nearly fast enough
(DBN)

Toomey Calls Fed’s Climate Research ‘Political’ Mission Creep
(DBN)

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Religion:

U.S. Church Membership Falls Below Majority for First Time
(DBN)

Diocese Of Rockville Centre Sells Headquarters Amid Bankruptcy Due To Child Victims Act Lawsuits
(DBN)

Vatican sanctions retired Polish bishops over abuse cover-up
(DBN)

Diocese of Tucson accused of covering up sexual abuse
(DBN)

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Coal:

Coal Country Races to Shield Itself From Biden’s Climate Plan
(DBN)

Reclaiming Abandoned Mines: Turning Coal Country’s Toxic Legacy Into Assets
(DBN)

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Tourism:

'Your vacation is my home': Hawaii's residents are speaking out against tourists behaving badly
(DBN)

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Education:

In San Francisco, Turmoil Over Reopening Schools Turns a City Against Itself
(DBN)

Students return to schools in Long Beach, the largest California district to reopen so far.
(DBN)

Some students return to classrooms at Seattle schools
(DBN)

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Gig Economy:

What We Got Wrong About Uber and Lyft
(DBN)

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Economy:

White House dramatically increased tax proposal as it sought to address tensions over next big spending plan • Biden reportedly bumps infrastructure price tag to $4 trillion, with up to $3.5 trillion in tax hikes
(DBN)

Buttigieg Says No Gas Tax, Mileage Fee to Fund Infrastructure
(DBN)

10-year Treasury yield hits 14-month highs, topping 1.77%
(DBN)

Senate Democrats Push for Capital-Gains Tax at Death With $1 Million Exemption
(DBN)

Dear Normal: Were you really that great in the first place?
(DBN)

'Definitely merits' to reparations, says the first Black Fed president
(DBN)

Congress pushes for manufacturing czar at Biden White House
(DBN)

How Larry Summers went from Obama's top economic adviser to one of Biden's loudest critics
(DBN)

Meet the middle-aged millennial: Homeowner, debt-burdened and turning 40
(DBN)

I’m a millionaire who wants to be taxed to pay for COVID-19
(DBN)

Are You Middle Class?
(DBN)

Joe Biden’s coming infrastructure push, explained
(DBN)

Biden working on vaccine passport scheme to reopen US as critics brand it ‘un-American’ for invading citizens privacy • DeSantis vows to ban ‘vaccination passports’ as he signs law shielding businesses from COVID-19 liability
(DBN)

Stocks Favored in 'Reopening Trade' Hit Turbulence
(DBN)

Remote Work is Here to Stay. NYC Will Change
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

CDC extends evictions ban through end of June • CDC Extends Eviction Moratorium, as Regulators Launch Probes • CDC extends eviction ban through June 30 as regulators vow crackdown
(DBN)

Frustrated Landlord Tenant Lawyers Find Reprieve in Commercial Eviction Uptick
(DBN)

Mall owner given more time to avoid bankruptcy
(DBN)

Banks reportedly seize equity stake in Mall of America
(DBN)

The typical American house price keeps hitting record highs. Redfin says the rise is 'concerning.'
(DBN)

Tech companies begin opening offices back up • Goldman Sachs Says Summer Interns Will Work From Its Offices
(DBN)

Raising the Roof: Here Are the 10 Cities Building the Most Homes for Buyers
(DBN)

Real Estate Investors Grow Desperate to Spend $250 Billion Hoard
(DBN)

Falling behind on rent could mean jail time in one state, but that could change
(DBN)

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Municipalities:

Fed Soc Presents: Exit, Voice, and...Bankruptcy: Restoring Illinois' Future by Reforming Chapter 9
(DBN)

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Oil/Gas:

Big Oil’s Secret World of Trading
(DBN)

Biden administration launches major push to expand offshore wind power • Biden Plots Vision of Thousands of Wind Turbines Spinning at Sea
(DBN)

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Autos:

Hertz Floats Ch. 11 Deals To Resolve $200M In Class Claims
(DBN)

Buyers Are Fighting for Tesla Refunds
(DBN)

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Retailing:

Wells Fargo sees permanent consumer behavior shifts from the pandemic
(DBN)

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Agribusiness:

Biden mulls giving farmers billions to fight climate change. Even farmers are unsure about the plan.
(DBN)

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Student Debt:

Second Circuit Stands by Brunner Test for Discharge of Student Loan Debt
(DBN)

A former public servant became her own lawyer and won the discharge of $41,000 in student loans
(DBN)

Biden administration waives rule for disabled borrowers, but advocates say much more could be done
(DBN)

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Fraud:

Ex-Madoff Funds Can't Ditch Deutsche Bank's Contract Fight
(DBN)

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Healthcare:

Lawsuit: Cerner systems’ failure drove Astria Health into bankruptcy
(DBN)

CDC: Pfizer, Moderna vaccines are 90% effective in real-world conditions • Pfizer, Moderna Vaccines Prevent Infections in Real-World Study
(DBN)

CDC study shows one dose of Pfizer or Moderna Covid vaccines was 80% effective
(DBN)

Moderna ships 100 millionth COVID-19 vaccine dose to U.S. government
(DBN)

Biden to Say 90% of U.S. Adults Eligible for Shot in 3 Weeks
(DBN)

New Yorkers 30 and Older Eligible for Vaccine Starting Tomorrow
(DBN)

Long-awaited WHO-China report inconclusive on coronavirus origins • WHO probe finds lab leak of Covid ‘extremely unlikely’ • Five details from the WHO-led report into Covid origins
(DBN)

CDC director fights back tears as she warns of soaring COVID-19 cases: 'Right now I'm scared' • Biden, health officials sound alarm as signs of covid surge proliferate • Internal CDC data shows virus regaining foothold as Biden urges states to pause reopening • Covid Hospital Cases Rise in 25 States as CDC Sees Fourth Wave • Biden Calls for States to Reinstate Mask Mandates • Some US states report disturbing Covid-19 case increases -- and one warns the surge is already here • CDC director warns of 'impending doom' on potential new COVID surge • This is now the worst US state for COVID-19 infections • New Jersey Increasing Outdoor Gathering Limit to 200 People • Fauci blames a new 'surge' in US COVID-19 cases on variants, travel during spring break, and states prematurely pulling back restrictions
(DBN)

US Covid Death Count Crosses 550,000
(DBN)

McConnell Makes Pointed Vaccine Appeal to Male Conservatives: I ‘Encourage All Republican Men’ to Take it
(DBN)

Trump lashes out at Fauci and Birx after CNN documentary
(DBN)

Suspend AstraZeneca use for people under 55, vaccine committee recommends
(DBN)

Ten states set to open COVID-19 vaccines to all adults as cases surge
(DBN)

Dr. Gottlieb: U.S. shots at ‘tipping point’ of helping turn the tide in Covid
(DBN)

Trump White House censored head of its own coronavirus task force, new report says
(DBN)

Feuds, fibs and finger-pointing: Trump officials say coronavirus response was worse than known
(DBN)

Tired nation: Just 8 percent of Americans feel fully rested after a night of sleep
(DBN)

New Covid vaccines needed globally within a year, say scientists
(DBN)

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Hollywood:

Oscars Exclusive: Academy Grapples with Pandemic for Show, Requiring 5 Day Quarantine, 10 Days for Out of Towners
(DBN)

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Debt Collection:

Court: “Confusion, Stress, Concern, and Fear” Alone Are Not Enough to Create Concrete Injury Under FDCPA
(DBN)

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Utilities:

Texas attorney general seeks official customer committee in Griddy bankruptcy
(DBN)

What In Tarnation Are Texas Power Companies Hiding?
(DBN)

Almost 70% of ERCOT Customers Lost Power
(DBN)

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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 (17 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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Bankruptcy Statistics:

Individual bankruptcy filings fall during pandemic
(DBN)

Pandemic Aid, Gov’t Measures Help Hold Off Bankruptcies
(DBN)

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Mootness:

What’s Done is Done: Third Circuit Upholds Equitable Mootness and Rules Out Possibility of Individualized Relief for Timely Objecting Party
(DBN)

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Bankruptcy Reform:

President Signs Bill Extending Covid Bankruptcy Relief • COVID-19 Bankruptcy Relief Extension Act Passed, Signed • COVID-19 Bankruptcy Relief Extension Act Signed Into Law • SIGNED: H.R. 1651 “COVID-19 Bankruptcy Relief Extension Act of 2021”
(DBN)

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Setoff:

3rd Circ. Ruling Rejecting Ch. 11 Setoff May Provide Alternative
(DBN)

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Automatic Stay:

Plaintiffs Beware: Automatic Stay Embodied in Section 362 Is Not All-Encompassing
(DBN)

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Aviation:

Easy come, easy go? Trustee goes after loan repayments made to county authority by bankrupt airline
(DBN)

American Airlines readies more jets to meet rising demand • American Airlines to Put Most Jets Back in Service as Travel Rebounds
(DBN)

Aircraft Lessor AeroCentury Files for Bankruptcy Amid Travel Decline • AeroCentury Corp. Files Petition for Chapter 11 Reorganization • Summary: New Chapter 11 Bankruptcy Filing - AeroCentury Corp.
(DBN)

Flight Delays: How Big Law Has Kept the Airline Industry Afloat During the Pandemic
(DBN)

Boeing gets crucial win with 100-jet 737 Max deal from Southwest
(DBN)

France, EU close to a deal on Air France bailout: minister
(DBN)

Gatwick Sells Junk-Rated Bond as Covid Threatens Summer Travel
(DBN)

AirAsia Rounds Out Punishing Year With Record Loss
(DBN)

Hainan’s creditors seek to claw back more CNY200 billion
(DBN)

Net losses at Colombia's Avianca up 22% in 2020
(DBN)

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Hedge Funds:

Billions In Secret Derivatives At Center Of Archegos Blowup • One of World’s Greatest Hidden Fortunes Is Wiped Out in Days • A hedge-fund liquidation has wiped billions from Chinese and US stocks, and no one knows what's going to happen next • Hedge Fund Failure May Costs Banks Billions • Credit Suisse and Nomura hit by losses at hedge fund Archegos Capital • Archegos sell-off hurts Credit Suisse image; Nomura can handle hit – analysts • Archegos fund blow up sends shockwaves through Wall Street • U.S. regulator is monitoring Archegos Capital Management situation: spokesperson • Goldman Said to See Immaterial Effect From Archegos • Mohamed El-Erian says the Archegos blow up is a 'one-off' but it may lead to tightening financial conditions as banks become more cautious • Deutsche Bank’s Archegos Risk Shows Hedge Fund Exit Was Too Slow • Goldman, Morgan Stanley Sold Off Hedge Fund
(DBN)

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Sports:

On Opening Day, MLB will begin another pandemic season and keep hoping for better days
(DBN)

Some medical experts unconvinced about holding Tokyo Games
(DBN)

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Politics:

Schumer eyes bypassing filibuster for third bill • Dems’ new budget gambit comes with big risk
(DBN)

Former President Donald Trump continues to rake in huge piles of cash, but very little of that money has gone toward the causes for which donors believe they are giving

Cuomo aides subpoenaed in sexual harassment probe • New Andrew Cuomo accuser Sherry Vill speaks out alongside Gloria Allred
(DBN)

GOP candidate accused of pandering after he transforms into cowboy for Texas congressional run
(DBN)

Freedom Caucus frets over how far to push its rebellion
(DBN)

Florida Republicans considering new election bill that would effectively ban giving voters water
(DBN)

Californians have recall fever, and Newsom could just be the start
(DBN)

Georgia Voting Law ‘Intentional Discrimination,’ NAACP Suit Says
(DBN)

Poll Shows GOP Support for Some of Democrats’ Elections Changes
(DBN)

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Sovereigns:

Bondholders’ Old Foe in Buenos Aires Is Playing Default Hardball
(DBN)

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UK:

The Coronavirus Test: Indirect ‘financial effect’ of coronavirus could be sufficient to defeat a winding up petition
(DBN)

London records zero Covid-19 daily deaths for first time in six months as cases soar elsewhere in Europe
(DBN)

After the Grenfell fire: who should pay the UK’s housing repair bill?
(DBN)

UK considering 'extreme' measures to deal with asylum seekers; pay attention — Biden may follow suit
(DBN)

Johnson Is ‘Hopeful’ U.K. Can Avoid Another Pandemic Lockdown
(DBN)

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EU:

The EU’s huge Covid stimulus plan has hit an obstacle — and it could delay the funds
(DBN)

European travel restrictions: Nonessential travel curbed
(DBN)

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PIIGS:

Spanish resorts languish while Madrid hosts Europe’s parties
(DBN)

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Canada:

Canadian consumer sentiment hits another record on housing
(DBN)

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Germany:

German Pandemic Strategy Needs Urgent Overhaul, Merkel Ally Says
(DBN)

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Mexico:

Mexico admits real Covid death toll is 60% higher at over 321,000 as country ravaged by second wave ‘worse than Brazil
(DBN)

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Philippines:

Philippines orders lockdown through Easter amid COVID-19 surge
(DBN)

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Brazil:

Many Brazilians disregard the pleas to stay at home
(DBN)

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Hungary:

Hungary Doctors Rebuke Easing Plan in Worst Virus Hotspot
(DBN)

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Hong Kong:

Restructuring & Insolvency in Hong Kong – Recent Key Cases Update
(DBN)

New era of judicial co-operation between Hong Kong and mainland China in cross-border insolvency within the Greater Bay Area
(DBN)

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MENA:

Bankruptcy Law changes backed in Bahrain
(DBN)

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Singapore:

Applying for a Moratorium in Bankruptcy Proceedings: The Requirement of a Serious and Viable Proposal
(DBN)

Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor
(DBN)

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