November 17, 2021

The Daily Bankruptcy News

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Law:

The Top Of Biglaw Is Only Getting Bigger
(DBN)

Law Firm Revenue Shoots Up in Booming First Nine Months of 2021
(DBN)

Some Biglaw Firms Won't Be Able To Handle Increasing Associate Compensation
(DBN)

Some law firms are promoting record numbers of associates to partnership Biglaw Firms Scared Of Losing Associates Are Making Them Partner
(DBN)

Big Law’s Great Resignation: Why I Don’t Believe the Hype
(DBN)

Judge poised to jail N.Y. real estate lawyer over bankruptcy docs
(DBN)

The Top Law Schools That'll Help You Land Jobs At The Top Law Firms
(DBN)

Petition Asks Supreme Court To Topple Bar Exam As We Know It
(DBN)

Viewers see pretrial process and mock trial in lawyer’s new show
(DBN)

The Cybersecurity Landscape For The Legal Industry
(DBN)

Lawsuits challenging Biden workplace vaccine rule sent to 6th Circuit Once More, with Feeling: Fifth Circuit Re-Affirms Stay of ETS and Then Loses Jurisdiction of the Case Amid challenges to Biden's vaccine mandate, study shows they work
(DBN)

Jury of 7 women, 5 men picked in Kyle Rittenhouse trial Jury in U.S. teen Rittenhouse's murder trial ends first day without verdict Kyle Rittenhouse's Defense Lawyer Tells Jury That Prosecutor Lied to Their Faces Rittenhouse's Mother Begs for More Donations Rittenhouse could face a mandatory sentence of life in prison
(DBN)

Proud Boys leader complains about jail conditions, wants early release
(DBN)

Lawyer for Oath Keepers Likens COVID-19 Vaccines to Holocaust, Despite Federal Judge's Order to Drop 'Bombastic' Language and 'Fringe' Theories
(DBN)

Trump's legal strategy tested in Jan. 6 fight Trump urges court to overturn 'rubber stamp' of Jan. 6 committee
(DBN)

Federal judge questions Democrats' effort to obtain Trump tax returns
(DBN)

'I Set A Synagogue On Fire': Texas Teen Who Faces Federal Arson Charge Kept Daily Journal, Prosecutors Say
(DBN)

Air Force Veteran Charged with Threatening 'Death' for Connecticut Governor: 'President Trump Knows What You Did . . .'
(DBN)

Trump Claims Releasing Documents to Jan. 6 Committee 'Would Have Enormous Consequences, Forever Changing the Dynamics Between Political Branches'
(DBN)

Trump adviser Steve Bannon's indictment and arrest are a win for the rule of law
(DBN)

'Shameful for America': Two Latino Vietnam veterans fight deportation
(DBN)

Officer who shot service dogs not entitled to qualified immunity, 8th Circuit says
(DBN)

Federal Appeals Court Grants Officer Qualified Immunity in Case of Woman Who Begged for Help and Suffered Fatal Overdose in Back of Patrol Car
(DBN)

Poll: Majority of Americans oppose Texas abortion law Americans broadly support Supreme Court upholding Roe v. Wade and oppose Texas abortion law, Post-ABC poll finds

(DBN)

Prosecutor pleads guilty and resigns as jury deliberates District attorney pleads guilty to offering payments to his prosecutors, seeking to influence officer
(DBN)

“I Want Them To Start Something”: White Supremacists Allegedly Strategized How To Provoke Counterprotesters Ahead Of The “Unite The Right” Rally
(DBN)

Defense lawyer who objected to preachers in Ahmaud Arbery case seems to thrive on provocation
(DBN)

Arbery Judge Refuses To Declare Mistrial Over Presence Of Black People In Courtroom
(DBN)

Jury questioning begins for Ghislaine Maxwell's sex crimes trial
(DBN)

Mom and Grandma Charged After 11-Month-Old Baby Found with 'Bottles of NARCAN in the Crib' Died of Fentanyl Overdose
(DBN)

Michigan Woman Who Sought 'Free Consultation' from Fake 'Rent-a-Hitman' Website Convicted of Trying to Have Ex-Husband Killed
(DBN)

Supreme Court grows ‘increasingly hostile’ to inmates seeking to delay executions
(DBN)

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Judges:

Wisconsin Justice Who Shot Down 'King' Trump’s Bid to Overturn 2020 Election Recalls 'Armed Protesters' Outside During Oral Arguments
(DBN)

Misconduct complaint against Judge Emmet Sullivan is formally dismissed
(DBN)

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Wall Street:

Stock futures little changed after Lowe’s and Target post earnings beats
(DBN)

Stocks are set to rise 10% next year as corporate earnings continue to grow, Goldman Sachs says
(DBN)

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Retailing:

Nearly 1 million job openings are complicating an already challenging holiday season for retailers
(DBN)

U.S. retail sales jump 1.7%, but high inflation plays role
(DBN)

'I'm disappointed': Two San Francisco Walgreens permanently close over retail crime
(DBN)

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Satellites:

Intelsat creditors attack bankruptcy plan, say board conflicted
(DBN)

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Education:

'I definitely was not comfortable': Vaccinated IU students reject unvaccinated roommates
(DBN)

A Black principal who resigned after parents accused him of teaching critical race theory says 'we're dealing with people that are delusional'
(DBN)

Texas district wants to ban recordings after Holocaust comments caught on tape
(DBN)

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Nursing Homes:

8 dead, 89 infected after Covid outbreak at Connecticut nursing home
(DBN)

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Healthcare:

Delta variant hits New England states, largely among unvaccinated people
(DBN)

Pfizer agrees to let other companies make its Covid pill to allow broader global access
(DBN)

A scientist tracking the coronavirus predicts it will keep mutating to avoid the immune response — but at a slower rate than before
(DBN)

Fully vaccinated people will be allowed to celebrate NYE in Times Square
(DBN)

A COVID strategy backfires at schools
(DBN)

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Economy:

Goldman: "Inflation will get worse" Corporations are using inflation as an excuse to raise prices and make fatter profits — and it's making the problem worse This is your brain on high inflation: 'scarcity' and financial anxiety
(DBN)

Pain at the pump drives Biden’s suffering in the polls
(DBN)

U.S. Industrial Production Rebounded in October, Beating Expectations Industrial Production Increased 1.6 Percent in October; Back to Pre-pandemic Levels
(DBN)

U.S. household net worth soars
(DBN)

Charted: Americans' wealth
(DBN)

What workers really want out of their jobs
(DBN)

Packed ports and empty shelves: Inside the issues behind the U.S. supply chain crisis
(DBN)

Elon Musk keeps picking Twitter fights with Democrats who want to slash the wealth amassed by the top 1%
(DBN)

Biden just released a plan to protect Americans' retirements and savings from the 2 main financial risks of the climate crisis
(DBN)

U.S. Retail Sales Rose 1.7% in October
(DBN)

Americans are optimistic about their finances and ready to splurge on holiday shopping, survey finds
(DBN)

'Great Resignation: Employers are 'rolling out the red carpet for these job seekers,' ZipRecruiter CEO says
(DBN)

At the last minute, Southern California ports delayed doling out over $4.8 million in fines for companies who haven't picked up nearly 50,000 shipping containers
(DBN)

Economist says it may take years before Americans see the benefits of Biden's infrastructure bill
(DBN)

Sailors who refuse COVID-19 vaccine face these administrative actions, as well as separation, Navy says
(DBN)

Biden Shot-or-Test Mandate Collides with Faith-Based Objections
(DBN)

Democrats scramble to figure out shutdown strategy Democrats think GOP will blink in newest debt brawl
(DBN)

Manchin has 'a lot of concerns' over timing of Biden spending plan
(DBN)

The Truck Driver Shortage Doesn’t Exist. Saying There Is One Makes Conditions Worse for Drivers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home builders are growing more confident as Americans demand more housing NAHB: Builder Confidence Increased to 83 in November
(DBN)

Fannie Mae’s chief economist, and other real estate pros, tell us the 3 things you need to know about the housing market now
(DBN)

October California Home Sales
(DBN)

COVID smashes office architecture
(DBN)

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Municipalities:

Voting procedures, pension rule arguments draw Puerto Rico bankruptcy judge?s interest
(DBN)

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Oil/Gas:

Oil price relief could be "on the horizon"
(DBN)

California gas prices soar to record highs
(DBN)

Could An Energy Crunch Lead To A Worldwide Financial Crisis?
(DBN)

An Undisputable Truth: The World Still Needs Oil And Gas
(DBN)

Demand Uncertainty Could Keep Oil From Breaking $100
(DBN)

U.S. Crude-Oil Stockpiles Likely Increased in DOE Data, Analysts Say
(DBN)

U.S. oil futures finish slightly lower as IEA forecasts a rise in global output Oil prices slip as IEA forecasts growth in supplies
(DBN)

Exxon launches sale of shale gas properties in Texas
(DBN)

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Mass Torts:

The Boy Scouts Are Abusing the Bankruptcy System
(DBN)

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Climate:

Pacific Northwest Flooded: Vancouver Cut Off Deadly Pacific Northwest flooding seen from space
(DBN)

Protesters disrupt the world's largest coal port: 'This is us responding to the climate crisis'
(DBN)

Drowning nations disappointed with outcome of U.N. climate summit may have one move left: Lawsuits
(DBN)

Extreme weather outruns the world
(DBN)

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Mail:

Big Bonuses for Those Killing Post Office
(DBN)

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Labor:

John Deere workers say their pandemic sacrifice needs to be rewarded now
(DBN)

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Politics:

Democratic Rep. Jackie Speier announces she will not to run for re-election
(DBN)

Sinema strikes back
(DBN)

Poll: Voters split on Biden's mental fitness as job approval remains low
(DBN)

Swastika, Star of David used to protest school vaccine mandate outside Jewish politician’s office
(DBN)

Jarring GOP divisions come back into spotlight
(DBN)

Support for Black Lives Matter movement is declining, according to new poll
(DBN)

Trump's last defense secretary says he pretended to be 'insane' and a 'madman' to throw the president off the idea of bombing Iran: book
(DBN)

Mnuchin, Pompeo Discussed Ousting Trump
(DBN)

New York ethics board rescinds approval for Cuomo's book deal
(DBN)

Former impeachment counsel announces bid for New York AG
(DBN)

Unlikely coalition wants women to register for military draft
(DBN)

House to vote on censuring Gosar, stripping committee seats
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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)

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2021-2024 Insolvency Events Calendar
(DBN)

Prepacks:

Further Support for Expedited Confirmations with Carlson Travel
(DBN)

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Releases:

Non-Debtor Releases
(DBN)

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Litigation Finance:

Clients Cry Foul Over Litigious Litigation Finance Company
(DBN)

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Sales:

11th Cir. Rejects Debtors’ Challenge to Real Estate Collateral Sale Approved by Bankruptcy Court
(DBN)

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Subchapter V:

“Facilitate” Role Of Subchapter V Trustees
(DBN)

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Equity:

Bankruptcy’s Equity Canon
(DBN)

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Aviation:

United Airlines resumes serving hard liquor on flights ahead of the holiday travel season
(DBN)

Flight attendant reveals the secret meaning behind the ‘chime sounds’ you hear on airplanes: ‘I never knew that’
(DBN)

American Airlines is dropping 27 routes, with New York taking the biggest hit — see the full list
(DBN)

CDC urges travelers to 'avoid' several European destinations due to COVID-19 levels
(DBN)

Southwest will give flight attendants travel rewards to avoid staffing shortages during peak holiday travel
(DBN)

Cathay Pacific imposes tough new rules on aircrew
(DBN)

Eastar Jet Foresees Flight Resumptions In February
(DBN)

Portugal's TAP expects EU to approve restructuring plan before Christmas
(DBN)

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Autos:

Tesla has shed around $200 billion in market value since Elon Musk starting dumping stock
(DBN)

US auto factories swung back into gear in October: govt
(DBN)

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Celebs:

Bankruptcy judge OKs lawsuit against Erika Jayne Girardi
(DBN)

Going bankrupt was the best thing that’s ever happened to me, I’ve finally earned my cash, says millionaire Kerry Katona
(DBN)

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Religion:

Bankruptcy Court filing accuses Camden diocese of concealing assets
(DBN)

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Utilities:

Who knew about bribes paid during FirstEnergy Solutions’ bankruptcy and House Bill 6 bailout campaign?
(DBN)

An arrest warrant, a fugitive CEO: Puerto Rico's effort to privatize its electrical grid is off to a rocky start
(DBN)

____________

Crypto:

Rehabilitation plan for defunct bitcoin exchange Mt Gox is now finalized
(DBN)

Crypto, fraud, and insolvency
(DBN)

Bitcoin is getting closer to posing a risk to financial stability, the Bank of England's deputy governor warns
(DBN)

Bitcoin price boom is helping sustain ransomware hackers, FBI says
(DBN)

____________

Fraud:

Audit: Governor improperly used COVID funds for salaries
(DBN)

Here's everything that Theranos' four former lab directors have revealed about the company's troubled testing operations in Elizabeth Holmes' fraud trial
(DBN)

He Saw 'Fraud as an Achievement': Husband and Wife Sentenced While On the Run for Taking COVID-19 Relief Money
(DBN)

In Praise of . . . Enron?
(DBN)

____________

Coal:

The long road to phasing down coal
(DBN)

____________

UK:

Monthly Insolvency Statistics
(DBN)

____________

India:

Government Amends The Rules Relating To Liquidation Of Corporate Debtor Government Amends The Rules Relating To Insolvency Of Corporate Debtor To Ensure Time Bound Insolvency Process
(DBN)

2020 stats: 30 suicides/day due to poverty, unemployment
(DBN)

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Portugal:

Portugal amends insolvency route through recovery plan
(DBN)

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Hong Kong:

To Ask Or Not To Ask? That Is The Question
(DBN)

____________

South Korea:

South Korea loosened covid rules after massive vaccine uptake. Now cases and hospitalizations are surging.
(DBN)

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