May 5, 2021

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Biglaw Firm Announces Phased Transition Back To Work That's Sure To Please Associates
(DBN)

Biglaw Firm Shares The Wealth, Raises Salaries For All
(DBN)

Vinson & Elkins Unveils New Leadership With Growth Ambitions
(DBN)

Law student who quoted from opinion, including its racial slur, finds herself at center of controversy Debate Erupts At Rutgers Law School After White Student Quotes Racial Slur In Full Version Of Case Assigned In Excerpted Form By Professor
(DBN)

The New Taboo — Quoting Epithets In The Classroom And Beyond
(DBN)

Use Racial Slurs In The Classroom!
(DBN)

Lawyers, For Well-Being, Put Your Oxygen Mask on First
(DBN)

The Gap Between The Biglaw Haves And Have Nots Is Growing
(DBN)

Early Signs Portend A Continued Law School Admissions Boom In Fall 2022
(DBN)

Notre Dame Law School Dean Defends Exploding Deposit Deadline For Incoming 1Ls
(DBN)

48 Cardozo Law Professors Urge Parent Yeshiva University To Reverse Its 'Wrong And Unlawful' Ban On LGBTQ+ Student Group
(DBN)

LawProse Lesson 362: One of the Worst Ways to Edit
(DBN)

Why Women Leave Law Firms: Pay and Credit Differences Are Leading Factors Why do female lawyers leave law firms? 'Blatantly unfair' compensation often cited, new ABA report says
(DBN)

Do Alternative Fee Arrangements Increase Burden on Associates?
(DBN)

California bar entered $3.8M contract with ExamSoft without justifying value, auditor report says
(DBN)

Troubled Law School Dealt Another Setback
(DBN)

Law Professor Refuses To Speculate Wildly Just To Get On TV... See, Dersh, It Is Possible!
(DBN)

Bar President Resigns After Prostitution Charge
(DBN)

Moving to the Cloud? Know Who’s Got Your Backup.
(DBN)

After ransomware attack on state attorney general’s office, hackers begin posting documents
(DBN)

Ex-Cop Chauvin Seeks New Trial for George Floyd’s Murder Derek Chauvin’s Attorney Demands New Trial, Arguing Jury ‘Felt Race-Based Pressure’ to Convict Legal Debate Rages Over Derek Chauvin Juror’s ‘Get Your Knee Off Our Necks’ T-Shirt, Attendance at BLM Rally Prior to Trial
(DBN)

Giuliani Evidence Should Be Reviewed for Privilege, U.S Says ‘Cohen Redux’: Federal Prosecutors Request Special Master, Setting the Stage for Fight with Rudy Giuliani Over Attorney-Client Privilege Feds seek outside review of seized Giuliani materials
(DBN)

Rudy Giuliani Reportedly Looks to Donald Trump to Fund His Legal Defense After FBI Raid
(DBN)

Proud Boys saw wave of contributions from Chinese diaspora before Capitol attack
(DBN)

3 More States Want to Criminalize Protest
(DBN)

DOJ Must Turn Over Secret Trump-Era Memo That Judge Finds ‘Calls Into Question’ Bill Barr’s Statement to Congress About Obstruction, Mueller Report Judge Orders DOJ to Release Barr Memo Clearing Trump Judge: Barr Lied About DOJ View on Trump
(DBN)

Ousted UMG Exec Charlie Walk Files $60M Lawsuit Against Kasowitz, Claims “Botched” Handling of #MeToo Allegations
(DBN)

Virginia Attorney Charged With Sex Trafficking Minors and Production of Child Pornography
(DBN)

Josh Duggar, Charged with Child Pornography Offenses, Asks Judge to Release Him to His Wife and Six Children
(DBN)

Florida Teen Faces Potentially Serious Prison Time After Allegedly Rigging Homecoming Queen Vote with Mom's Help
(DBN)

This Smiling Woman Allegedly Sat ‘Chilling’ on Lawn, Watching House Go Up in Flames While Someone Was Still Inside
(DBN)

Tennessee Government Employee’s Alleged Racist Message Calling NYC Mayoral Candidate a ‘Dumbass N***** B****’ Sparks Investigation
(DBN)

Inside America’s Sickening Forced-Marriage Epidemic
(DBN)

Pennsylvania Man Accused of Shooting His Small Dog and Grilling the Remains
(DBN)

Ex-leader of neo-Nazi group sentenced to over 3 years for "swatting" attacks
(DBN)

Neo Nazi Convicted of Targeting Black Church
(DBN)

Paul Weiss, Munger Tolles Handle Bill, Melinda Gates Divorce How Bill Gates spent long weekends at the beach alone with his venture capitalist ex-girlfriend Ann Winblad every year
(DBN)

In 'Giant Step' for Animal Rights, New York's Highest Court Will Hear Habeas Corpus Case on Behalf of Happy the Elephant, Who Lives Alone at the Bronx Zoo
(DBN)

Startling surge in L.A. bloodshed as COVID-19 fades: 'Too many guns in too many hands'
(DBN)

______________

Judges:

Judge gets public warning over eating for free at law firm’s luncheon before awarding it $2M in legal fees
(DBN)

Judge says court documents resemble Jerry Springer script, orders lawyers to rewrite ‘inflammatory’ filings
(DBN)

Ruth Bader Ginsburg's Law School Textbook To Be Sold At Auction
(DBN)

Biden Administration Flip-Flopped Its Position in Case Over Crack Cocaine Sentences. SCOTUS Did Not Seem Pleased.
(DBN)

Appellate Court Upholds Houston Judge's Sanction for 'Unwelcome and Unwarranted Touching'
(DBN)

Appellate Court Upholds Houston Judge's Sanction for 'Unwelcome and Unwarranted Touching'
(DBN)

______________

Wall Street:

Dow futures gain 90 points, tech shares rebound after sell-off
(DBN)

______________

Layoffs:

In the wake of COVID, employers are accelerating the use of robots. Where does that leave workers?
(DBN)

EnerVest to lay off over 100 from Houston headquarters
(DBN)

Ascension's technology business to lay off 651 employees
(DBN)

______________

Utilities:

Overhaul of ERCOT board could replace experts with political appointees
(DBN)

____________

Banking:

UBS’s Weber Apologizes for Archegos Loss, Urges Transparency
(DBN)

____________

Gambling:

Caesars Shares Jump as CEO Touts Post-Pandemic Profit Potential
(DBN)

____________

Education:

60% of School Apps Are Sharing Your Kids' Data With Third Parties
(DBN)

____________

Politics:

Ted Cruz's threat to 'woke CEOs' was 'the most openly corrupt thing any Senator has said,' ethics expert says
(DBN)

McCarthy: House GOP has "no concern" about Cheney's vote to impeach Trump McCarthy trashes Cheney on hot mic McCarthy, Scalise Back Stefanik to Replace Cheney: Report The Coming Purge of Liz Cheney The effort to dump Liz Cheney is the consequence of a party that lost its way
(DBN)

Former MI6 spy Christopher Steele produced a 2nd dossier on Trump while he was president, report says
(DBN)

Joy Reid calls Tucker Carlson ‘segregationist housewife from the 1950s’ after his repeated on-air attacks
(DBN)

Trump's spell over the media broke once he lost his megaphones Trump and inner circle hang on Facebook verdict
(DBN)

Steele Produced Second Dossier on Trump
(DBN)

By the numbers: Faith breakdown of presidential support
(DBN)

AZ: Why is GOP Auditing Election Results?
(DBN)

Firms Push Back on Texas Voting Restrictions
(DBN)

As California's gubernatorial recall heats up, a GOP challenger brought a 1,000-pound bear on the trail
(DBN)

____________


Economy:

US Factories Are Desperate for Workers
(DBN)

Global Hunger Hits Highest in Years After Pandemic Hurts Incomes
(DBN)

Biden’s Fed Choices Add Uncertainty for Inflation-Wary Investors
(DBN)

Kashkari Says Fed Shouldn’t Cut Off Jobs Recovery Prematurely
(DBN)

US recovery could be upended if Fed's bet on 'transitory' inflation proves wrong
(DBN)

Iron Ore’s Blistering Rally Sets Sights on $200 as Steel Booms
(DBN)

U.S. fertility dips to its lowest rate since the 1970s
(DBN)

DeSantis Signs Bill Preventing COVID-19 Passport Use At Florida Sporting Events Tampa mayor blindsided by DeSantis order ending Florida safety measures
(DBN)

No Vaccine, No Desk: Firms Weigh Whether to Make Shots Mandatory
(DBN)

Boston Prepares for a Glimpse of Remote Work as the New Normal
(DBN)

Employers Brace for Covid’s Mental Health Fallout as Workers Return
(DBN)

U.S. Heavy Truck Sales up Sharply Year-over-year in April
(DBN)

Trade Deficit Increased to $74.4 Billion in March
(DBN)

Yellen says U.S. pushing to end global ‘race to the bottom’ on corporate taxes
(DBN)

Social Security Sees Slowdown in Retiree Rolls Amid Covid Deaths
(DBN)

Yellen: Tax Dodgers Owe US Over $7 Trillion
(DBN)

The Wealth Hoarders: How Billionaires Pay Millions To Hide Trillions
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

CoreLogic: House Prices up 11.3% Year-over-year in March
(DBN)

Black Knight Mortgage Monitor for March
(DBN)

HUD goes after defunct mortgage modification firm
(DBN)

Home Prices Make Make a Nation of Renters
(DBN)

____________

Municipalities:

Pandemic-led decline of U.S. cities may be reversing
(DBN)

Town in big debt may disband police force
(DBN)

____________

Oil/Gas:

Oil drives toward US$70 as sagging U.S. stockpiles aid bull bets
(DBN)

Banks Earn Big on Green Bonds But Really Clean Up With Fossil Fuel
(DBN)

1st 100 Days: Interior sends 'clear signal' promoting wind, targeting oil, gas
(DBN)

____________

Fraud:

Jury Convicts Former Virginia Beach Investment Advisor and Williamsburg Attorney of $25 Million Nationwide Investment Fraud
(DBN)

Auction House Implicated in Massive Wine Fraud Caught Selling Counterfeit Rare Bourbon
(DBN)

Elizabeth Holmes back in court for first time in 15 months
(DBN)

____________

Non-Profits:

NRA Plan To Bankruptcy Its Way Out Of New York Backfires Bigly
(DBN)

Justice Department objects to National Rifle Association's bankruptcy plan NRA Gets Rare Rebuke From DOJ Bankruptcy Official As It Tries To Escape NY AG
(DBN)

Judge in NRA Bankruptcy Case Needs to Appoint an Examiner, not Dismiss
(DBN)

Is the NRA’s bankruptcy filing just a way to escape regulation?
(DBN)

____________

Autos:

Hertz picks new front-runners to back exit from bankruptcy Hertz Deems Knighthead Bid Superior In Duel to Exit Bankruptcy
(DBN)

Hertz Global Shares Get Whiplash as the Bankruptcy Bidding War Continues
(DBN)

April Vehicles Sales increased to 18.51 Million SAAR; Highest Since 2005
(DBN)

Demand for rental cars booms
(DBN)

Stellantis Says Semiconductor Crunch Will Get Worse This Quarter Intel CEO: Chip Shortage Could Last for Years
(DBN)

____________

Celebs:

What is Sonja Morgan's net worth? Inside 'RHONY' star's bankruptcy filing and massive divorce settlement
(DBN)

Lender sues Sharks’ Evander Kane for $15 million in ‘punitive’ damages amid bankruptcy fight
(DBN)

____________

Retailing:

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses
(DBN)

Life is Good almost filed for bankruptcy last year. Here’s what CEO says saved the retailer
(DBN)

7-Eleven Franchisees Ask to Close Overnight Because Labor's Too Tight
(DBN)

____________

Pharma:

Maine Attorney General Joins Lawsuit To Block Bankruptcy For Oxycontin Manufacturer
(DBN)

____________

History:

The forgotten anti-slavery history of Cinco de Mayo
(DBN)

____________

Climate:

The sea-level rise from Antarctica's melting ice sheet could be 30% higher than estimated due to an effect scientists previously thought was 'inconsequential,' new study says
(DBN)

Deadly storms pummel South for third straight day
(DBN)

NOAA unveils a warmer climate "normal" for the U.S.
(DBN)

____________

Healthcare:

More people diagnosed with COVID-19 in past 2 weeks than in first 6 months of pandemic, WHO says
(DBN)

White House to redirect unordered vaccines to states where demand is higher
(DBN)

Pfizer says COVID vaccine generated $3.5 billion in revenue in Q1
(DBN)

Biden’s new Covid vaccination goal is for 70% of adults to have at least one shot by July 4 Biden's latest vaccine goal is his hardest yet
(DBN)

Poll: Mask use drops after CDC relaxes guidelines
(DBN)

Covid vaccine incentives make U.S. look ‘like a nation of sulky adolescents,’ doctor says
(DBN)

Rapidly Spreading Variants Compound Africa’s Coronavirus Woes
(DBN)

World’s Most Vaccinated Nation Reintroduces Curbs as Cases Surge
(DBN)

Covid mutant variants in rampant outbreaks like India & Brazil mean ‘no one is safe’ as pandemic could last until 2024
(DBN)

Biden Gets U.S. Into Vaccine Diplomacy Race as Stockpiles Rise
(DBN)

Two Pandemics Clash as Doctors Find That Covid Spurs Diabetes
(DBN)

44% of older millennials already have a chronic health condition. Here’s what that means for their futures
(DBN)

Why Do Americans Die Earlier Than Europeans
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
(DBN)

U.S. Bankruptcy Courts - Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code U.S. Bankruptcy Courts - Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code (3 Months) U.S. Bankruptcy Courts - Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code (One Month) U.S. Bankruptcy Courts - Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County U.S. Bankruptcy Courts - Bankruptcy Cases Filed, Terminated, and Pending
(DBN)

______________

Sales:

Hidden Wealth Transfers in Bankruptcy Asset Sales: A Real Option Analysis
(DBN)

____________

Miscellaneous:

April 2021 - Recent Developments in Bankruptcy Law Update
(DBN)

____________

Mediation:

Judge Rosen: On Mediation In City Of Detroit Bankruptcy (Part I, Getting Started!)
(DBN)

____________

D&O:

PLUS Podcast: Second Session on the New Administration and D&O Risk
(DBN)

____________

Debt Collection:

Creditors Beware – Sending Data to Mail Vendors Can Be an Unauthorized Third-Party Disclosure Under FDCPA
(DBN)

____________

Aviation:

Boeing subcontractor GDC OK'd to tap loan as it maps out bankruptcy options
(DBN)

Norwegian announces terms of planned $720mn capital raise
(DBN)

____________

Food/Beverage:

Cosi says a sped-up bankruptcy hearing is its ‘only realistic hope’ Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
(DBN)

____________

Hospitality:

Why the hospitality industry needs you to show up to your booking
(DBN)

____________

Coal:

Replacing Coal Plants With Renewables Is Cheaper 80% of the Time
(DBN)

____________

Sovereigns:

Tunisia Sees IMF Deal Within Three Months as Proposals Presented
(DBN)

____________

UK:

Pre-pack administration: past, present and future
(DBN)

What do the new Debt Respite Scheme Regulations mean for Landlords and Tenants?
(DBN)

London Emerges From Lockdown Harder Hit Than Much of the U.K.
(DBN)

____________

EU:

We Can't Hold Off the Bankruptcy Wave Forever
(DBN)

____________

Canada:

Toronto Home Prices Post Sharpest Drop Since Start of Pandemic
(DBN)

____________

Italy:

Capri, Italy's blue island, emerges from the pandemic blues
(DBN)

____________

India:

Insolvency Law In Review – March 2021
(DBN)

India COVID Cases Top 20 Million, Halting Cricket, Prompting Lockdown Call
(DBN)

Covid Forecasters Warn India Deaths May Double in Coming Weeks
(DBN)

COVID is killing 120 people an hour in India, and it could stay "really grim" for months
(DBN)

'Last resort': Desperate for oxygen, Indian hospitals go to court
(DBN)

India, the world’s biggest producer of Covid shots, has a vaccine shortage
(DBN)

India Central Bank Unveils Loan Relief to Tide Over Pandemic
(DBN)

____________

Spain:

Spain to let regions decide COVID-19 restrictions from May 9
(DBN)

____________

Germany:

German Cabinet Passes Decree to Ease COVID-19 Curbs for Vaccinated
(DBN)

German society ‘brutalized’ as far-right crimes hit record levels
(DBN)

Merkel Braces for Possible Court Setback Over Lockdown Law
(DBN)

____________

France:

France to reach 20 million first COVID vaccinations by mid-May: official
(DBN)

____________

Poland:

Poland Tightens Quarantine Rules After Cases of Indian COVID-19 Variant
(DBN)

____________

Singapore:

Singapore tightens COVID-19 curbs as overseas virus variants emerge
(DBN)

____________

MENA:

Dubai optimistic visitors will return but numbers unclear
(DBN)

____________

Australia:

Accountant charged over bankruptcy fraud advice
(DBN)

Half of Aussies, Kiwis Ready to Quit Jobs That Aren’t Flexible
(DBN)

____________

Indonesia:

Indonesia Economy Struggles to Bounce Back as Demand Drags
(DBN)

____________

Argentina:

Argentina Wealth Tax Fought by the Rich Raises $2.4 Billion
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2021