May 4, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Firm Hands Out Raises -- For Some Associates
(DBN)

Gibson Dunn’s New Chair Barbara Becker Dishes on Having It All
(DBN)

Why do female lawyers leave law firms? 'Blatantly unfair' compensation often cited, new ABA report says
(DBN)

Willkie Enters New Bankruptcy Niche With Recent MoFo Hires
(DBN)

Just Because Associates Are Working From Home Doesn't Mean They Should Always Be On Call
(DBN)

3 BigLaw firms will give back $1M in Purdue Pharma legal fees in settlement with trustee
(DBN)

Well-Being Pledge Signatories Cite Hardships and Hope On the heels of a global pandemic, Well-Being Week in Law is more important than ever
(DBN)

How Much Are Law Firms *Actually* Helping With Employees' Mental Health During COVID?
(DBN)

Ex-lawyer imprisoned for $550M disability fraud can’t pursue suits against former clients, judge rules
(DBN)

California Bar Examiners Breached State Policy With Disastrous Online Bar Exam
(DBN)

It’s A Rocky Start At The SEC For Gary Gensler
(DBN)

How the ATF, Key to Biden's Gun Plan, Became an NRA 'Whipping Boy'
(DBN)

Lawyers Look Ahead to a Busy Year for Air and Climate Issues
(DBN)

Legal historian John Fabian Witt discusses new book on epidemics and law
(DBN)

Rudy Giuliani Too Disreputable For Ukrainian Oligarch Facing Federal Indictment
(DBN)

Emails From Inside the Mueller Investigation
(DBN)

Dominion Urges Federal Judge Not to Throw Out Lawsuit Against Sidney Powell: 'Attorneys Do Not Have a License to Lie'
(DBN)

Trump Lawyers Up for the Capitol Police Officers’ MAGA Riot Lawsuit
(DBN)

Death draws attention to police putting suspects face down
(DBN)

Judge Adjourns Ghislaine Maxwell's Trial Until the Fall Because of New Sex Trafficking Indictment Judge Declines to Hand Over Video Evidence of Dispute Between Ghislaine Maxwell’s Lawyers and Jailers
(DBN)

Missouri Woman Who Smuggled Loaded Revolver into Prison in Her 'Body Cavity’ Sentenced to Ten Years
(DBN)

Asian woman walking in Manhattan bashed with hammer by stranger demanding victim remove mask
(DBN)

Biden quadruples Trump refugee cap after delay backlash
(DBN)

NFL Free Agent RB with Several Run-ins with the Law Pees Himself During Pizza Hut Meltdown
(DBN)

Man Allegedly Plowed Pickup Truck into Picnic Birthday Party After Complaining About 'Asians,' 'Yuppies with Dogs'
(DBN)

Bill and Melinda Gates announce they are getting divorced Melinda Gates Lists No Prenup in Filing
(DBN)

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Judges:

Justice Clarence Thomas, Long Silent, Has Turned Talkative
(DBN)

Justice Thomas argues for repeal of doctrine protecting military from tort suits incident to service Justice Thomas Goes to Bat for West Point Rape Survivor: It’s Time to Overturn ‘Demonstrably Wrong’ Precedent
(DBN)

Meaningful Signals From The Bench
(DBN)

The Law Schools Where The Most Graduates Got Federal Clerkships (2020)
(DBN)

Video Shows Arkansas Judge Throwing Down Cane in Angry Dispute with Former Politician Over Parking Spot
(DBN)

The Supreme Court of the United States Just Appointed a New Marshal Court names military attorney as second-ever female marshal
(DBN)

Judge running for high court disavows QAnon conspiracy
(DBN)

Las Vegas judge facing ethics charge to resign
(DBN)

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Wall Street:

U.S. Stock Futures Edge Down
(DBN)

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Layoffs:

Becker College notifies state it will layoff 329 employees at end of June
(DBN)

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Education:

Colorado’s major public universities will require COVID-19 vaccines for students, faculty and staff
(DBN)

Florida Elementary School Principal Caught on Video Paddling 6-Year-Old Student in Front of the Child's Mother
(DBN)

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Sports:

8 People Involved in Tokyo Olympic Torch Relay Infected With COVID-19
(DBN)

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Defaults:

U.S. Private Debt Default Rate Falls Amid a Resurging Economy
(DBN)

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Healthcare:

Counties With the Most Medical Debt in Collections
(DBN)

Reaching ‘Herd Immunity’ Is Unlikely in the U.S., Experts Now Believe
(DBN)

Houston Hospital Requires COVID-19 Vaccines as Condition of Employment
(DBN)


2 in 5 American adults fully vaccinated as daily average of new Covid cases falls below 50,000
(DBN)

LA County reports NO new COVID-19 deaths for the first time in 410 days: California boasts lowest virus rates in the country
(DBN)

Scientists scramble to see why, in rare cases, even the vaccinated can get COVID-19
(DBN)

Moderna to supply 500 million vaccine doses to WHO's struggling Covax initiative
(DBN)

Blacks face four times higher risk of strokes than Whites, study finds
(DBN)

Pressure builds for Biden to back vaccine patent waivers
(DBN)

FDA expected to OK Pfizer vaccine for teens within week
(DBN)

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Economy:

Seven High Frequency Indicators for the Economy
(DBN)

Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices
(DBN)

How demand is outstripping supply and hampering recovery
(DBN)

US National Debt Expected to Hit $89 Trillion by 2029
(DBN)

NACM’s April Credit Managers’ Index Reaches 15-year High
(DBN)

ISM® Manufacturing index Decreased to 60.7% in April
(DBN)

Biden's Plan to Spend $4.5 Trillion Without Boosting Deficits Depends on Factors Beyond His Control
(DBN)

New York Fed’s John Williams Says Fed Far From Achieving Job, Inflation Goals
(DBN)

AP-NORC poll: Government should help Americans age at home
(DBN)

Florida governor DeSantis suspends all remaining Covid restrictions
(DBN)

Why some older workers fared worse during Covid-19 than the Great Recession
(DBN)

There’s going to be a big fight over Biden’s tax hike plan, GOP Rep. Brady says
(DBN)

Politics, inflation pinch: Business confidence trails markets, economy
(DBN)

How working from home changed our kids' perceptions of work
(DBN)

New York to begin major reopening on May 19; full subway service to resume May 17
(DBN)

Wage theft: His paycheck bounced. It got worse from there.
(DBN)

Will Infrastructure Be a Casualty of the GOP War on Cities?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Bankruptcy Courts Need Tools to Help Real Estate Debtors
(DBN)

Forbearance slides to 4.47% after a lackluster week of exits MBA Survey: "Share of Mortgage Loans in Forbearance Slightly Decreases to 4.47%"
(DBN)

Housing Inventory May 3rd Update: At Record Lows
(DBN)

Goldman on Housing: Double-digit price gains in 2021 and 2022
(DBN)

Construction Spending increased 0.2% in March
(DBN)

Fed Survey: Banks reported Eased Standards, Increased Demand for Residential Real Estate Loans
(DBN)

How Biden’s real estate tax plan may hit smaller property investors
(DBN)

They Want You Back at the Office
(DBN)

____________

Oil/Gas:

Valaris Successfully Completes Restructuring
(DBN)

Big Oil Hikes Dividends After Blowout Quarter
(DBN)

____________

Autos:

Hertz gets sweetened Knighthead offer in brawl to buy renter
(DBN)

Rental companies in US buy up used cars as chip crisis gets worse
(DBN)

Demand is outpacing supply of new vehicles – why that’s bad for shoppers but good for investors
(DBN)

____________

Movie Theaters:

Alamo Drafthouse Gets OK For $21M Sale To Creditors
(DBN)

The “New Normal” for Moviegoing Post-Pandemic May Be the “Premium” Experience Like IMAX, Upscale Dining
(DBN)

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Fraud:

Justices End Madoff Investors' Fight For $41M In Ponzi Profits
(DBN)

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Religion:

Reckoning with history, Long Island diocese names 101 clergy accused of sex abuse
(DBN)

____________

Retailing:

That Vacated Sears Store May Reopen as a Public School
(DBN)

‘We’re Suffering’: How Remote Work Is Killing Manhattan’s Storefronts
(DBN)

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Food/Beverage:

Cosi Seeks Bankruptcy Fast Track to Access Covid Relief Funds
(DBN)

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Utilities:

TX: House Moves Bill to Subsidize Power Plants
(DBN)

____________

Student Debt:

Will Biden cancel $50K in student loan debt per person? Here's the latest
(DBN)

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Trucking:

Report Questions Yellow CARES Act Loan
(DBN)

Texas hazmat trucking company files Chapter 11
(DBN)

____________

Software:

Startup Proxifile promises help to creditors to get back what they're owed
(DBN)

____________

Climate:

EPA rule to phase out gases used in refrigerators, coolants
(DBN)

Paris Agreement leaders: Actions between now and 2030 have impact for centuries
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

New Bankruptcy Filings Plummet 38.1 Percent
(DBN)

April 2021 New Bankruptcy Filings Continue Steady Increase Over COVID Lows
(DBN)

Personal bankruptcies are down, money woes have eased — for now
(DBN)

______________

Sanctions:

Bankruptcy attorney sanctioned for ‘bad faith’ billing blunder
(DBN)

____________

Automatic Stay:

Unpaid tickets upend 30 years of law on repossessions
(DBN)

____________

Finance:

Too Little Too Late? After Much Debate, SBA Allows Debtors to Access PPP Loans – But Only on a Limited Basis
(DBN)

Congratulations Bankruptcy Graduates! You Are Now Eligible for PPP Loans.
(DBN)

____________

Aviation:

US sets pandemic-era high for air travel, over 1.6 million
(DBN)

Woman, 28, Assaulted American Airlines Flight Attendant, Attempted to ‘Pull Up or Remove’ Victim's Dress: Feds
(DBN)

Boeing cites China as a risk factor to its recovery efforts
(DBN)

Mexican Airline Aeromexico Says U.S. Court Allows It to Add Planes
(DBN)

Business Travel Will Be Back Soon, but It Will Be Permanently Changed
(DBN)

____________

Non-Profits:

U.S. trustee opposes NRA bankruptcy petition N.R.A. Leadership and Bankruptcy Assailed by U.S. Trustee
(DBN)

NRA Accused of a ‘Fraud on This Court’ by New York Attorney General’s Lawyer as Trial Wraps
(DBN)

NRA Bankruptcy Would Mean ‘Haven for Wrongdoers,’ N.Y. Warns
(DBN)

NRA is ‘poster child of bankruptcy in bad faith,’ lawyer argues
(DBN)

NY state deems NRA bankruptcy a 'sideshow,' NRA defends itself in trial closing
(DBN)

New York AG office argues NRA only filed bankruptcy to avoid oversight
(DBN)

Texas judge mulls whether to dismiss NRA's bankruptcy petition
(DBN)

NRA's bankruptcy case 'deserves dismissal,' NYAG lawyer says in closing arguments
(DBN)

____________

Politics:

The Era of Big Government is Here
(DBN)

Biden, GOP set to find out if US wants activist government
(DBN)

GOP Won It All in Texas, Then Turned on Itself
(DBN)

In FL, Republicans' efforts to curb mail voting could harm their own party
(DBN)

Allies of GOP leader vow to oust Liz Cheney
(DBN)

Conservatives say they want to help 'parents' stay home. They mean mothers.
(DBN)

Democrats confront difficult prospects for midterms
(DBN)

'I Listened to Too Much Propaganda': Trump Voter Gets Probation After Casting Ballot on Dead Mom's Behalf and Registering Another Dead Woman as a Republican in Pa.
(DBN)

Denton County GOP Backs Secession from US
(DBN)

Idaho intern reported rape, faced ‘overwhelming’ harassment
(DBN)

____________

UK:

Those in debt to be given 60 days breathing space before enforcement action Treasury launches 'breathing space' scheme for problem debt
(DBN)

____________

EU:

ECB’s Villeroy Says Don’t Fret About Europe’s Insolvency Risks
(DBN)

Attention travelers! EU proposes reopening external borders
(DBN)

EU recovery funds will flow at last and could be game-changers
(DBN)

____________

Canada:

Canadian Bridging Finance placed in receivership after regulator finds mismanagement
(DBN)

____________

India:

Impact of devastating Indian virus surge spreads to politics
(DBN)

Australia warns its citizens of jail and $50,000 fine if they return from India
(DBN)

‘Horrible’ weeks ahead as India’s virus catastrophe worsens
(DBN)

____________

Brazil:

Brazil backs away from the virus brink as deaths top 400,000
(DBN)

____________

Australia:

Push for US-style bankruptcy options
(DBN)

Proposed amendments to insolvency law reforms
(DBN)

Further insolvency reforms on the table, but government warned against “piecemeal” approach
(DBN)

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