May 25, 2021

The Daily Bankruptcy News

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Law:

Biglaw Firm Announces Bonuses As Well As An Incredibly Flexible Reopening Plan
(DBN)

Skadden Rolls Out A Flexible Reopening Plan, Will Require Unvaccinated Employees To Be Tested For COVID-19
(DBN)

Special Bonuses Are Just Another Way To Keep Associates Hooked On Biglaw
(DBN)

CSG Strengthens Bankruptcy Practice with Addition of Veteran Insolvency Attorneys Della Fera and Walsh
(DBN)

These factors help predict whether a law grad will pass the bar on the first or second try, study says
(DBN)

What Summer Associates Are Saying About The 2021 Program
(DBN)

Doug Emhoff didn’t want this life — but he’s happy as hell to be here
(DBN)

The 2021 Biglaw Diversity Scorecard
(DBN)

How legal practice is like working retail
(DBN)

Texas Expands Attorney Immunity To Transactional Practice
(DBN)

Dancing with Goliath: Growing a Small Law Firm by Collaborating With Larger Ones
(DBN)

Remote practice from home in Florida isn’t unauthorized practice, advisory opinion says
(DBN)

7 People, 4 Lawyers, 3 Dogs and (Slightly Better) Wi-Fi: 14 Months and Counting at O’Melveny Chair's Full House
(DBN)

Fordham Law School Grad Looking To Marry Into Royal Family
(DBN)

Making connections is top concern for summer associates, and many want in-person work
(DBN)

New Jersey Lawyer Who Brought Loaded Gun to Courthouse Censured
(DBN)

Rudy Giuliani Reportedly Called Arizona Official About Getting Election Challenge 'Fixed Up'
(DBN)

Judge Reveals More About the 'Principal Lies' Paul Manafort Told to Robert Mueller
(DBN)

The GOP After Trump's Indictment
(DBN)

Biden Justice Department fights release of legal memo on prosecuting Trump
(DBN)

In $1.8 Million Lawsuit, Key Impeachment Witness Claims Mike Pompeo Reneged on Legal Fee Agreement Once He Told the Truth About Trump 'Quid Pro Quo' Key impeachment witness Gordon Sondland sues Pompeo for legal fees Key impeachment witness Gordon Sondland sues Mike Pompeo and U.S. for $1.8 million in legal fees
(DBN)

BigLaw partner is charged with securities fraud in connection with alleged Ponzi scheme
(DBN)

Legal battles over coronavirus restrictions aren’t as novel as the virus—just look back 100 years
(DBN)

U.S. Supreme Court rebuffs case over city liability in police shootings
(DBN)

Minneapolis police seeks federal, state reinforcements after mass shooting kills college kid before graduation
(DBN)

Cop in Black Man's Death Withheld Video
(DBN)

Legal New York Pot Means New Police Strategy
(DBN)

Texas poised to allow unlicensed carrying of handguns
(DBN)

Ohio Man Making Bombs to Pay Off Debt Dies in Blast
(DBN)

Trump administration didn't provide some separated parents the opportunity to bring their children as they were deported, new watchdog report says
(DBN)

Biden and Harris condemn recent attacks on Jewish community in US and abroad Rise in anti-Semitic incidents strains Democrats and GOP alike
(DBN)

U.S. Supreme Court rejects Missouri inmate's firing squad request Inmate seeking firing-squad execution denied cert; dissent says court ‘chooses to stand idly by’
(DBN)

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Judges:

'Breyer Retire' push is effort to focus liberals on court picks
(DBN)

Well, This Judge Seems Like A Real Frickin' Delight
(DBN)

Federal Courts Need New Filing System, Consultant Recommends
(DBN)

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Wall Street:

The S&P 500 is set to gain a second day as bitcoin stabilizes, Dow futures are up 90 points
(DBN)

Goldman's New Director Makes Its Board Almost Half Female
(DBN)

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Theme Parks:

Disneyland and other California theme parks will return to full capacity in June - here's what is changing
(DBN)

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Healthcare:

U.S. Bankruptcy Court Approves Sale of Henry Ford Village to Sage Healthcare Partners Affiliate
(DBN)

Half of US states have fully vaccinated at least 50% of adults. The impact is starting to come into focus
(DBN)

U.S. reports lowest number of new COVID-19 cases in nearly a year
(DBN)

How much protection you get from one shot of the Pfizer, AstraZeneca, and Moderna vaccines, according to the best available data
(DBN)

Uber, Lyft launch U.S. vaccine rides program in White House partnership
(DBN)

Diagnosed with COVID-19? Two signs that predict higher mortality are 'easily measured' at home
(DBN)

A doctor in Florida who died of COVID-19 left his family a baseball card collection worth $20 million
(DBN)

Michigan father of 5 dies after refusing vaccine
(DBN)

How Vaccine Hesitancy Spread in My Prison
(DBN)

New Variant Posing Threat, as Global Vaccine Drive Falters
(DBN)

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Utilities:

PG&E to Sell San Francisco Headquarters for $800 Million
(DBN)

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Climate:

Biden administration to invest $1 billion to prepare states for extreme weather As hurricane season looms, Biden doubles funding to prepare for extreme weather
(DBN)

Extreme Climate Displaced More People Than Conflicts in 2020
(DBN)

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Cruise Lines:

Norwegian Cruise Line Sets August U.S. Return, Joining Rivals
(DBN)

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Crypto:

Mainstream Markets Shrug at Volatile $1 Trillion Crypto Rout
(DBN)

Bitcoin 'not even a reliable hedge for risk-off events, let alone inflation shocks': Nouriel Roubini Bitcoin is neither a currency nor an asset, but 'looks like a bubble', says Nouriel Roubini
(DBN)

What next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says
(DBN)

Crypto investors to Elon Musk: Please stop tweeting!
(DBN)

Bank of England's Bailey Calls Crypto-Currencies 'Dangerous'
(DBN)

Why Bitcoin Uses More Energy Than Countries
(DBN)

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Movie Theaters:

Cineworld Upbeat After Crowds Return for ‘Peter Rabbit’
(DBN)

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Maritime:

Ship owner says Suez Canal was at fault over Ever Given grounding: lawyer Suez Canal’s claim over once-stuck ship referred by court
(DBN)

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Economy:

Economists see higher growth and inflation for 2021
(DBN)

U.S. Economic Growth Lost Momentum in April — Chicago Fed
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Sen. Ron Johnson Doesn’t Care If Your Wages Don’t Cover Childcare. ‘The Marketplace’ Has Spoken
(DBN)

The US economy is closer than ever to 'back to normal.' But we've still got a long way to go
(DBN)

A chill Fed, cool inflation, and a long list of reasons not to worry (so far)
(DBN)

The Economy Is Booming. Why Don’t Firms Believe It?
(DBN)

Managers, buckle up. Your job will be harder than ever as we return to the office
(DBN)

Fed's Brainard Says She Expects Pricing Pressures to Subside Over Time
(DBN)

Paul Krugman Got Something Very Right About the Internet, the Fax Machine and the Economy
(DBN)

Job-inflation tradeoff, exiled from Fed policy, could mean a hot summer
(DBN)

Female graduates accept job offers faster than men — and for less money
(DBN)

Fed's Balance Sheet Could Reach $9 Trillion by End of 2022, NY Fed Report Estimates
(DBN)

Atlanta Fed president on inflation and the "uneven" recovery
(DBN)

Biden administration moves toward making the pandemic work-from-home experiment permanent for many federal workers
(DBN)

Biden Tax Hikes Are Hitting Resistance, With ‘No Room for Error’
(DBN)

UK proposes new tariffs on U.S. wines and lobsters
(DBN)

Are extended jobless benefits to blame for worker shortages?
(DBN)

Florida becomes the 23rd GOP-led state to end $300-a-week pandemic unemployment benefits
(DBN)

Ever heard of 'contagious unemployment'? It's one theory why companies have difficulty hiring workers
(DBN)

If it’s not enhanced unemployment benefits, why are people turning down jobs?
(DBN)

A Biden-friendly economist is creating a big headache for president's spending plans
(DBN)

Infrastructure Talks Near Collapse
(DBN)

N.J. to Drop Indoor Masking Before Holiday Weekend, Murphy Says
(DBN)

Masks at the Office? U.S. Employers Take on Role of Covid Czars
(DBN)

Bank CEOs Headed to Congress Due for Grilling Over Drop in Loans
(DBN)

Three Disasters Show Gaps in $1.7 Trillion Infrastructure Plan
(DBN)

Los Angeles Port Progress Reverses as More Ships Join the Queue
(DBN)

Social Security May be Cut Soon
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

U.S. Home Prices to Keep Racing Ahead With Risks to Upside - Reuters Poll
(DBN)

‘Purgatory’ Grips $146 Billion of Distressed Commercial Property
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 4.19%"
(DBN)

Housing Inventory May 24th Update: Inventory Increased Week-over-week
(DBN)

Lawler: Single-Family Rent Trends
(DBN)

In Less Than a Decade, You Won’t Be Able To Afford a Home in These Cities
(DBN)

Apartment Renters Staying Put as Home Affordability Declines
(DBN)

82-year-old woman to lose her home after she’s told she owes $38,000 in HOA fees
(DBN)

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Municipalities:

A little US city, battered by the virus, tells its stories
(DBN)

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Oil/Gas:

Seadrill Partners sheds $2.8bn debt, emerges from Chapter 11
(DBN)

The showdown over Exxon's climate future is here
(DBN)

Solar Power's Decade of Falling Costs Is Thrown Into Reverse
(DBN)

World’s Largest Long-Haul Truckmaker Sees Hydrogen-Fueled Future
(DBN)

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Awards:

Chambers USA 2021: Bankruptcy/Restructuring: The Elite in New York Legal Rankings Bankruptcy/Restructuring in Texas Legal Rankings Bankruptcy/Restructuring in Delaware Legal Rankings Bankruptcy/Restructuring in California Legal Rankings Bankruptcy/Restructuring in Illinois Legal Rankings Bankruptcy/Restructuring in District of Columbia Legal Rankings Bankruptcy/Restructuring in New Jersey Legal Rankings
(DBN)

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Gambling:

Casinos place big bet on vaccinations as Las Vegas prepares for June 1 reopening and nation's first large convention
(DBN)

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Mass Torts:

Many Boy Scouts survivors find little comfort as bankruptcy nears end
(DBN)

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Sports:

SoftBank CEO slams Games as Japan races to catch up on vaccinations
(DBN)

With Olympics looming, U.S. advises against travel to Japan due to COVID
(DBN)

Premier League Backs Vaccine Passports Over Fans’ Stadium Tests
(DBN)

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Politics:

AP: Beto O'Rourke considering bid for Texas governor
(DBN)

Push is on to Relitigate the 2020 Election
(DBN)

Michigan Gov. Whitmer apologizes for dinner party that broke pandemic rules: 'I am human. I made a mistake.'
(DBN)

Former Defense Secretary Robert Gates said none of the 8 presidents he served would recognize the GOP today, saying its values are 'hard to find these days'
(DBN)

Fact check: Black Lives Matter tweeted in support of Palestinians, not Hamas
(DBN)

They tried to overturn the 2020 election. Now they want to run the next one.
(DBN)

Florida, in a First, Will Fine Social Media Companies That Bar Candidates
(DBN)

Filibuster brawl amps up with GOP opposition to Jan. 6 panel
(DBN)

Texas House votes to yank state funding from sports teams that don't play national anthem at games
(DBN)

TX: GOP Cuts Voting Places for Voters of Color
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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)

Webinar: Clearing the Last Hurdle in Chapter 11 – Evolving Confirmation Issues That May Trip the Unwary
(DBN)

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Venue:

Bankruptcy Venue Reform
(DBN)

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UST:

Second Circuit Reverses Connecticut Bankruptcy Court Order, Finding Geographic Disparity in Fees Violated Constitution
(DBN)

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Corporate Governance:

The WeWork Decision and its Implications for Director Email Accounts
(DBN)

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Aviation:

IATA's Walsh says airline industry will be smaller after crisis
(DBN)

Southwest Airlines flight attendant loses two teeth after passenger assault; inflight incidents at 'intolerable level,' union says
(DBN)

Unruly Passengers Hit With $60,000 in Fines
(DBN)

Americans want to travel again but some vacations are now way more expensive than normal, thanks to a 17% spike in flight fares and rising hotel prices
(DBN)

Unfriendly skies: 2,500 unruly U.S. airline passengers reported in 2021
(DBN)

Airlines Need A Saviour To Survive The Crash
(DBN)

EU Weighs Sanctions Over ‘Hijacking’ of Ryanair Jet by Belarus Russia Backs Belarus Ally Over Ryanair Jet Seizure as West Fumes Belarus Plane Diversion: What Happened to the Ryanair Flight and Who is Roman Protasevich? Airlines are avoiding Belarus after 'state-sponsored hijacking' of Ryanair flight How Belarus’s aviation 'piracy' broke international law Why the Belarusian journalist was snatched from the Ryanair flight Angela Merkel says Belarus’ story ‘completely implausible’ Belarus accused of ‘state-sponsored piracy’ as Ryanair says KGB agents were on diverted plane Psaki: White House demands investigation into Ryanair flight diversion Britain bars Belarus’s airline in response to the seizure of an opposition journalist Airlines are avoiding Belarus after 'state-sponsored hijacking' of Ryanair flight EU Cuts Air Links to Belarus
(DBN)

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Corporate Governance:

Investor opposition to U.S. CEO pay at its highest ever
(DBN)

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Education:

LAUSD to open for in-person learning 5 days a week, with option to continue remote learning
(DBN)

Mayor Bill de Blasio says all NYC public schools will fully reopen in September, with no remote option
(DBN)

The new battle over school masks
(DBN)

Vaccines' success could undercut Biden's multibillion-dollar school testing plans
(DBN)

San Francisco lawmakers: Our city schools exploited state reopening law
(DBN)

States and cities across the U.S. debate the future of online learning.
(DBN)

Some Texas Schools Must Hang 'In God We Trust' Signs
(DBN)


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Fraud:

PPP loan fraud schemes ran wild as government doled out billions; at least 120 charged
(DBN)

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Nursing Homes:

Nursing homes invoke Trump-era protections to fight lawsuits over Covid deaths
(DBN)

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Coal:

The key takeaways from G7 nations' pledge to end state funding for coal
(DBN)

Czech government to look at speedier coal exit than 2038 target
(DBN)

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Sovereigns:

Pakistan Nears Debt-for-Nature Swap Agreement With Creditors
(DBN)

These Countries Suspended Their External Debt Payments Due to COVID-19
(DBN)

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UK:

UK reopening: Did cinema chains just pull a rabbit out of the hat?
(DBN)

What do UK administrators need to know about connected party sales?
(DBN)

Payment Protection Insurance (PPI) after bankruptcy
(DBN)

Bank of England Plays Down Risk of Runaway U.K. Inflation
(DBN)

Men have borrowed their way through the pandemic: FCA
(DBN)

Billionaire Mining Moguls Fight Fraud Cops in $99 Million Trial
(DBN)

Liberty Steel to sell UK assets, in talks with Credit Suisse
(DBN)

Court action seeks probe of Trump’s Scottish golf course buys
(DBN)

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France:

GTDT: Market Intelligence
(DBN)

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Hong Kong:

Mutual Recognition of Insolvency in Hong Kong and Mainland China – First Steps
(DBN)

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India:

Patients in India are desperate for care. This family turned to a doctor 7,700 miles away.
(DBN)

India records 300,000 Covid deaths as pandemic rages
(DBN)

Renault Nissan’s India Factory Staff Says Won’t Work in Lockdown
(DBN)

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MENA:

Israeli businesses lost $368 million during Gaza fighting After Israel’s Bombardment, Hamas Is Stronger Than Ever Trying to Find the Truth in the Israeli-Palestinian Conflict
(DBN)

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Singapore:

Singapore Airport to Tighten Rules to Curb Virus Spread: Today
(DBN)

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Germany:

Germany Suffers 300 Billion-Euro Hit From Covid Fallout, Research Group Says
(DBN)

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Thailand:

Thailand Says Its Tourism Industry May Not Recover Until 2026
(DBN)

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France:

France's COVID-19 figures show steady improvement
(DBN)

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