November 18, 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 Revenue Went Up, Up, Up In 2021
(DBN)

Law Firm Billing Rates Reveal Ingrained Racial And Gender Disparities
(DBN)

Talent wars top list of perceived threats to law firm profitability, new survey finds Biglaw Attorney Talent Wars Heat Up, And Seen As Increasing Risk To Law Firm Profitability
(DBN)

Big Law Should Use Profit Boom to Help Solve Retention Problems
(DBN)

Cantey Hanger Adds Bankruptcy Partner
(DBN)

David Boies’ Once Successor Harrison Said to Leave for New Firm
(DBN)

Sidley Creates New Titles For Associates As Part Of Program To Develop Leadership
(DBN)

How a law prof is training paraprofessionals to represent immigrants in legal proceedings
(DBN)

Lawyers Should Try Not To Badmouth Predecessor Counsel
(DBN)

The IRS Is Sued For Seizing And Depositing Collectible Coins Featuring Dead Presidents
(DBN)

District Attorney in Georgia Pleads Guilty to Four Misconduct Charges, Resigns After Serving Just Eight Months
(DBN)

Judge defends letting Kyle Rittenhouse pick alternate jurors out of a tumbler before deliberations began Jury in Rittenhouse murder trial to deliberate for third day in Wisconsin court Rittenhouse jury requests to review videos Rittenhouse judge says he hasn't had a chance to read defense's Monday motion for mistrial with prejudice Rittenhouse lawyers ask judge to declare mistrial over video The jury has asked questions each day of deliberations, so far Rittenhouse judge rips media 'misinformation' about case Rittenhouse case raises question: What makes a fair trial? Fact-checking claims about Kyle Rittenhouse, shooter in Kenosha, Wis., protests It's 'Really Quite Frightening': Kyle Rittenhouse Judge Rips Media, Says He's Going to 'Think Long and Hard About Live Television' Coverage of Future Trials
(DBN)

Man who shot Arbery testifies ‘to give my side of the story’ Man who fatally shot Ahmaud Arbery says he feared for his life in struggle for gun 'I Shot Him': Accused Murderer Travis McMichael Portrays Ahmaud Arbery as the Aggressor on Witness Stand Who are Ahmaud Arbery suspects Travis and Gregory McMichael? Judge to Decide on Racial Slur Allegedly Uttered by Murder Suspect in Arbery Case
(DBN)

QAnon shaman Chansley sentenced to 41 months in prison for Capitol riot case QAnon Shaman Statement 'Akin To... Martin Luther King' Says Judge Jacob Chansley, the 'Flagbearer' and 'Very Image' of Jan. 6 Siege, Sentenced to More Than Three Years in Prison Jan. 6 Rioter Wanted Confession Tossed
(DBN)

ABA Fact Check: It's an Open Question If a President's Control of Executive Privilege Runs Out After Office
(DBN)

Trump Threatens Lawsuit If Pulitzer Committee Won't Retract Prizes For NYT And Post
(DBN)

Lawyer Who Backed Up Trump’s 2020 Lies Lands Federal Election Agency Adviser Role
(DBN)

Ghislaine Maxwell sex crimes trial highlights conditions at Brooklyn jail
(DBN)

Tesla argues it should pay just $600,000 to an ex-employee who was racially harassed at work — not the $137 million a court ordered
(DBN)

Alec Baldwin 'Intentionally' Fired the Shot that Killed Halyna Hutchins and 'Chose to Play Russian Roulette with a Loaded Gun' in Violation of the Script, New Lawsuit Claims
(DBN)

Gun-Control Support Drops Amid Growing Crime and Firearm Purchases
(WSJ)

Teen in mental health crisis had hands up when shot by Pa. State Police, new videos show
(DBN)

Hawaii Man Charged with Killing 6-Year-Old Girl Had Multiple Felony Convictions Prior to Adopting Victim He Allegedly Locked in Dog Cage
(DBN)

Mom and Boyfriend Charged with Murder After Alabama 2-Year-Old Girl Dies from 'Horrific' and 'Unfathomable' Abuse
(DBN)

Texas Man Gets Life in Prison After Pleading Guilty to Murdering 5-Month-Old Son Subjected to Months of 'Torture'
(DBN)

Mother of Missing N.J. Teen Who Said Daughter Must Have Been Abducted Had Actually Stabbed Victim, Refused to Enroll Her in School: Authorities
(DBN)

R. Kelly Associate Sentenced for Burning Family SUV of One of the Convicted Sex Trafficker's Victims
(DBN)

Raped Four Teen Girls, Gets Probation
(DBN)

Fired Black Principal Sued Catholic School for Alleged Discrimination. The School's Defense Is Exactly What Justices Sotomayor and Ginsburg Warned Against.
(DBN)

A $750-million Astroworld lawsuit names Apple alongside Travis Scott, Drake, Live Nation
(DBN)

Convictions of 2 men for murdering Malcolm X will likely be tossed
(DBN)

______________

Judges:

Judge Homer Drake’s Top 10 Confirmation Opinions – Part 2
(DBN)

BK MN: Short-term Judicial Law Clerk Opening to U.S. Bankruptcy Judge Kesha Tanabe
(DBN)

U.S. House panel advances bipartisan judicial stock disclosures bill
(DBN)

Conservative-leaning appeals court to hear challenges to Biden's vaccine mandate after ping-pong ball lottery Legal brawl over Biden's vaccine mandate could curb other workplace safety efforts
(DBN)

Cut Kyle Rittenhouse Judge Some Slack, The Judicial Conduct Code Doesn’t Prohibit Having A Personality
(DBN)

Democrats call out Biden Supreme Court commission
(DBN)

Former judge admits ‘sexual conduct’ with prosecutor, says it didn’t affect rulings
(DBN)

Class action over PACER fees nears resolution with ‘agreement in principle’ to settle the case
(DBN)

Impeached Federal Judge, Whose Removal from Office Was Fodder for Critics of Donald Trump and Hillary Clinton, Dies at 74
(DBN)

______________

Wall Street:

Has Anyone Considered That Maybe We’re Not In A Stock Bubble?
(DBN)

______________

Retailing:

Target tops earnings estimates, but shares fall as retailer focuses on keeping customer prices low Target falls as earnings beat but supply chain issues squeeze retail giant Cramer scoffs at Target’s sharp decline, calls stock a better buy than Walmart Target leans on strong start to holiday season as cost pressures loom
(DBN)

Walmart erases 2021 gain after earnings
(DBN)

Lowe's lifts sales outlook as holiday shopping boost arrives early
(DBN)

Some retailers are buying back stocks – and that could be why their earnings are looking strong
(DBN)

____________

Celebs:

Britney Spears says her family 'should all be in jail' for how they treated her during 13-year conservatorship
(DBN)

____________

Religion:

Texas church under fire over 'Let's go Brandon' chants caught on video
(DBN)

U.S. bishops dodge rebuke of Biden in statement on communion
(DBN)

____________

Healthcare:

November 17th COVID-19: New Cases and Hospitalizations Increasing
(DBN)

Hospitalizations rising among fully vaccinated in U.S., Fauci says
(DBN)

Michigan has most COVID cases in the nation in latest CDC data Cases surge in new COVID hot spots of Michigan, Minnesota
(DBN)

Pentagon sending medical teams to Minnesota hospitals amid surge in COVID-19 cases
(DBN)

No matter how old you are, two shots of Pfizer vaccine don’t last – study
(DBN)

More Americans are planning holiday parties without masks this year as Covid vaccine rates climb
(DBN)

Biden admin offers drugmakers billions to spur vaccine supply
(DBN)

Booster Shot Confusion As California Goes Against Current CDC And FDA Recommendations
(DBN)

Fauci: COVID is still serious, not yet endemic
(DBN)

MMA fighter who called himself the Unvaccinated Assassin ‘stabs doctor to death with animal bone in row over Covid jab’
(DBN)

A former nurse says she quit her job to become a sex worker because she wanted to help patients with disabilities and special needs
(DBN)

‘A staggering increase’: Yearly drug overdose deaths top 100,000 for first time
(DBN)

____________


Economy:

Dallas Fed Begins Search for New President, Hires Search Firm
(DBN)

Growth, jobs and inflation clash in Biden Fed choice
(DBN)

FactCheck: “If you’re a low-wage worker and you’re single and don’t have children, we’re literally taxing you into poverty."
(DBN)

Powell’s Five Inflation Benchmarks Are Starting to Flash Amber
(DBN)

NY Fed's Williams says Treasury market needs to be shored up for next big shock
(DBN)

Ignore ‘hysterical people’ — inflation is not here to stay, economist says Economist says 'hair-on-fire discourse' over inflation is 'overdone'
(DBN)

Beef Prices Rise 20.1% Due to Increased Consumer Demand and Labor Shortage
(DBN)

Pentagon rushes to combat rising housing and food costs for troops
(DBN)

One solution to the labor shortage: teenagers
(DBN)

Women are leading the way in the ‘Great Resignation.’ What it means for employers and job seekers
(DBN)

Congress has until December 15 to avoid the catastrophe of the US refusing to pay its bills, Janet Yellen says Republicans are poised to play debt-ceiling chicken with Democrats again — and endanger the world financial system in the process
(DBN)

Senate GOP threatens to block defense bill
(DBN)

Manchin 'fine' with end-of-year timeline to bring up social spending bill
(DBN)

Democrats may blow their tax promises and give the rich a big cut in Biden's social spending bill: 'We couldn't be giving Republicans a better gift'
(DBN)

Rating agencies say Biden's spending plans will not add to inflationary pressure
(DBN)

A record number of ships are stuck at LA ports, even as port chiefs say the backlog is easing up
(DBN)

Pirates are causing global shortage ‘crisis’ – as criminals swoop to disrupt supply chains after Covid, experts warn
(DBN)

Chip gridlock loosens
(DBN)

Total global debt dips, but emerging market debt hits record high
(DBN)

Spirit, Textron could face big workforce losses over vaccine mandate - Jefferies
(DBN)

OSHA suspends enforcement of COVID-19 vaccine mandate for businesses
(DBN)

Pentagon digs in on vaccine mandate for Oklahoma National Guard
(DBN)

NYC correction officers refusing to get COVID shots despite looming mandate, sparking fear of Rikers ‘catastrophe’
(DBN)

A recession is coming: Will policymakers be caught flat-footed?
(DBN)

A breakdown of poverty in America is a mirror to the nation's reality
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

U.S. single-family homebuilding drops; construction backlog soars
(DBN)

Refi applications down 31% from last year
(DBN)

Six-year fight to end with Williamsburg bankruptcy sale
(DBN)

Housing Starts Decreased to 1.520 Million Annual Rate in October
(DBN)

Most Housing Units Under Construction Since 1974
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

AIA: "Demand for design services moderates but remains strong" in October
(DBN)

Pentagon ups housing allowances in high-cost areas
(DBN)

What Went Wrong With Zillow? A Real-Estate Algorithm Derailed Its Big Bet
(WSJ)

____________

Municipalities:

Unions, Puerto Rico Oversight Board argue on decisive pension law interpretation
(DBN)

Puerto Rico Is Facing Down Another Undemocratic, Austerity-Obsessed Bankruptcy Deal
(DBN)

Critics say Puerto Rico's bankruptcy deal will endanger funds for public services
(DBN)

California to Have $31 Billion Budget Surplus
(DBN)

____________

Oil/Gas:

Seadrill Picks New Board Members With Chapter 11 Emergence Nearing
(DBN)

An Oil Company Went Up in Flames, Burning Lenders and the Planet
(DBN)

Biden calls on FTC to probe anti-consumer behavior by energy companies as gas prices soar Biden says gas companies may be guilty of 'illegal conduct' and ripping off Americans to pump up profits
(DBN)

Is The U.S. Shale Patch Refusing To Pump For Political Reasons?
(DBN)

Permian oil production expected to set a record in December
(DBN)

Will gasoline prices drop in 2022? It depends on OPEC and U.S. shale
(DBN)

Oil drops on oversupply warnings, rising COVID-19 cases
(DBN)

U.S. offshore oil auction begins under court order, shadow of climate deal Biden administration auctions off drilling leases in Gulf of Mexico Companies bid $192 million in 1st Gulf oil sale under Biden Largest Offshore Drilling Auction in History
(DBN)

Should The Oil Market Be Worried About Skyrocketing EV Sales?
(DBN)

____________

Student Debt:

Second Circuit Affirms That Some Private Student Loans Are Dischargeable in Bankruptcy
(DBN)

____________

Food/Beverage:

Texas Soup Thrower Arrested
(DBN)

____________

Labor:

Deere strike to end as workers vote to approve contract
(DBN)

____________

Lehman:

Lessons Learned from the Lehman Bankruptcy
(DBN)

____________

Politics:

Democratic power players are split on Virginia blame game, midterm strategy
(DBN)

Liberal 'dark-money' behemoth funneled more than $400M in 2020
(DBN)

NC Rep. GK Butterfield will retire from Congress, Democrats say
(DBN)

Poll: 46 percent say Biden has done less than expected since entering office
(DBN)

House votes to punish Gosar for video depicting killing of AOC
(DBN)

Alabama Republican touts provision in infrastructure bill he voted against
(DBN)

Trump admitted to Chris Christie that he leaked their conversation about a chief-of-staff job to the media because 'it was a great story': book
(DBN)

Trump gives McConnell insult-filled ultimatum on Biden agenda
(DBN)

Chris Christie says Trump's 2020 election-night speech was 'one of the most dangerous pieces of political rhetoric' he's ever heard
(DBN)

Noem’s daughter says she’s quitting real estate business
(DBN)

Search warrants executed in Colorado election security probe
(DBN)

Trump said Mike Lindell's idea to melt down Dominion voting machines and turn them into prison bars was 'very good' during a rollicking 40-minute interview about election-fraud conspiracy theories
(DBN)

Indicted GOP Congressman Says the Feds Got Him on Tape—Twice
(DBN)

Trump gave an agency $100 million to fight Covid. Here’s what happened.
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (6 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)

______________

Bankruptcy Statistics:

BK NV: Updated Case Filing Statistics Available
(DBN)

______________

Non-Debtor Releases:

Congress Advances Legislation to Limit Nondebtor Bankruptcy Relief
(DBN)

Nondebtor Release Legislation Approved by House Judiciary Committee
(DBN)

____________

Miscellaneous:

Bankruptcy Roundup – November 2021
(DBN)

Restructuring Challenges in a Pandemic World
(DBN)

____________

Preclusion:

Fifth Circuit Binds Debtor to Plan Terms in Subsequent Case
(DBN)

____________

LBOs:

Software LBOs: rare bankruptcy shows heavy debt can still be toxic
(DBN)

____________

Aviation:

U.S. airlines carried 58.4 million passengers in September
(DBN)

Will The TSA Be Ready For Thanksgiving? It’s A Mystery TSA screeners face vaccine deadline with up to 40% lacking shots
(DBN)

Business travel demand expected to surge in 2022, but full recovery still two years away
(DBN)

Alitalia launches auction for its loyalty programme
(DBN)

Cathay Pacific bets on robust cargo demand to improve second-half results
(DBN)

Shifting coronavirus testing rules leave travelers frustrated
(DBN)

Flybe airline will return to UK in 2022 with regional and EU flights – two years after it collapsed
(DBN)

____________

Live Performances:

I’ve been a crowd-safety expert for 42 years. Tragedies like Astroworld will continue until we force change.
(DBN)

____________

Sports:

The sidelining of an NHL team this week shows that, while vaccination rates are high, indoor, maskless activities can still lead to an outbreak
(WSJ)

____________

Fraud:

Bankruptcy judge threatens to arrest ‘fraudster’ ex-Queen Mary operators in alleged PPP loan scam
(DBN)

____________

Religion:

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

Archdiocese of New Orleans who fraudulently claimed disaster relief money after Hurricane Katrina has to pay back
(DBN)

____________

Mass Torts:

Boy Scouts survivor committee lawyers face call for dismissal from bankruptcy
(DBN)

Lawyer’s Insulting Tweets Disrupt Boy Scouts Bankruptcy Vote
(DBN)

____________

Education:

So Maybe Getting A Zoom-Based M.B.A. Was A Good Idea
(DBN)

Feds Launch Civil Rights Probe of Southlake ISD Southlake Carroll ISD board ousts president as conservative contingent gains power
(DBN)

Texas grandmother reports 'locked and loaded' school board comment to FBI as domestic terror threat
(DBN)

____________

Climate:

Wall Street sees first Fed climate change review in 2023
(DBN)

Coming off climate talks, US to hold huge crude sale in Gulf
(DBN)

The 7 Lawmakers Who Will Decide the Climate’s Fate
(DBN)

Pandemic debt adds to challenge of funding world's climate goals
(DBN)

____________

Crypto:

SEC probes BlockFi as regulator mounts investigations across dozens of crypto firms, report says
(DBN)

The US Justice Department is selling $56 million worth of crypto seized in massive bitcoin investment fraud case
(DBN)

Amid crypto’s Wild West, Binance says a sheriff is needed
(DBN)

____________

Television:

Former New York Times CEO Mark Thompson: “US TV News Is In Dead Trouble”
(DBN)

____________

Autos:

Solar-Car Maker Skirts Insolvency by Seizing On EV Stock Frenzy
(DBN)

Honda Production to Return to Normal in Dec.
(DBN)

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

____________

UK:

A-Z guide: UK commercial rent arrears arbitration
(DBN)

UK inflation leaps to 10-year high, bolstering rate hike bets
(DBN)

Two million homes were forced to locate new energy suppliers when companies went bankrupt, resulting in energy instability.
(DBN)

____________

EU:

Price of European gas surges as Russia pipeline suffers setbacks
(DBN)

____________

Canada:

Canada's annual inflation rate matches 18-year high, set to keep rising
(DBN)

____________

Germany:

Merkel warns fourth Covid wave is hitting Germany with ‘full force’
(DBN)

____________

Brazil:

Job recovery to yield 2% GDP growth in 2022, Brazil official says
(DBN)

____________

Austria:

Austrian COVID cases hit record on third day of lockdown for unvaccinated
(DBN)

____________

China:

Citic, Cinda, China Life lead state firms in handing Huarong US$6.6 billion to help China’s largest bad debt manager avert bankruptcy
(DBN)

____________

India:

Operational Creditors Can Be Classified Into Different Classes For Deciding The Way In Which The Money Is To Be Distributed To Them
(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 $69.00/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