November 4, 2021


The Daily Bankruptcy News

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Law:

Biglaw Firm Boosts Salaries For The THIRD Time This Year, But...
(DBN)

How Much Higher Is Biglaw Willing To Go On Bonuses?
(DBN)

Cap billable hours for lawyer well-being, state bar report says; survey found this group is least satisfied
(DBN)

Law Firms Should Consider Hosting Holiday Parties This Year
(DBN)

Can Law Firms Measure Ambition Without Billable Hours?
(DBN)

UnitedLex, LeClairRyan must face trustee's lawsuit
(DBN)

Organization that prepares law students for corporate work picked up by LSAC
(DBN)

UC Hastings law school will advocate for name change because of namesake’s role in massacres
(DBN)

Biglaw Associate Passes Away Following The Birth Of Son
(DBN)

Biglaw Associate Is Advocating For Therapeutic Use Of Psychedelics -- And The Firm Is Backing Him Up
(DBN)

Campaign payments may hurt Trump's executive privilege claim
(DBN)

New Manhattan Prosecutor Will Inherit Decision to Take On Trump
(DBN)

Trump Invokes Magical Ex-President Executive Privilege From Golf Cart In Jan. 6 LOLsuit • Judge to hear Trump bid to stonewall U.S. Capitol riot investigation
(DBN)

Will Trump be Indicted in Georgia?
(DBN)

Trump denies evading questioning in 'Apprentice' contestant's defamation case
(DBN)

Man pleads guilty to attacking police during U.S. Capitol riot, faces jail time • A judge slapped down Oath Keepers accused of joining the Capitol riot for citing anti-vaxx conspiracy theories in their legal filings • DOJ seeks toughest Jan. 6 sentence yet for ex-MMA fighter who punched cop
(DBN)

One America News Sued by Smartmatic Over Election-Fraud Claims • Smartmatic Adds to Mountain of Litigation Against Right-Wing Cable News Networks, Sues One America News and Newsmax for Defamation
(DBN)

Will Dominion end up owning MyPillow if it wins a $1.3 billion defamation lawsuit against Mike Lindell? Here are 2 ways it could take control.
(DBN)

Pa. Election Official Sues Trump, Giuliani, Jenna Ellis, and Law Firm for Making Fraud Allegations That Allegedly Caused Two Heart Attacks
(DBN)

Prince Andrew Could Face Trial in Sexual Assault Suit Next Fall • Prince Andrew and His Accuser Tell Judge They Plan to Depose Up to a Dozen Witnesses in Sexual Abuse Suit, Including the 'Parties' • Lawyers for Prince Andrew and his accuser plan to depose over 20 witnesses
(DBN)

How many more will be caught in Jeffrey Epstein’s web?
(DBN)

Ghislaine Maxwell's Lawyer Likens 'Humiliating' Surveillance of Client to Hannibal Lecter's Incarceration in 'Silence of the Lambs' • Unredacted Materials In Ghislaine Maxwell Trial Could Shed Light On Epstein’s Famous Friends • Epstein's shadow looms over jury selection in Maxwell sex crimes trial
(DBN)

Supreme Court Signals It Will Void New York Gun-Carrying Limits • Supreme Court appears to suggest New York gun law infringes on Second Amendment rights • Supreme Court seems poised to expand Second Amendment rights and strike down NY handgun law • Muggings in the Woods? Chief Justice Roberts Quizzes N.Y. on Its Gun Law • Justice Kagan forces pro-gun lawyer to admit firearms can be prohibited on the subway • The NRA had a very good day in the Supreme Court
(DBN)

Where Gun Stores Open, Gun Homicides Increase
(DBN)

We Can Now See the Playbook for Overturning Roe v. Wade
(DBN)

How Biden's border plans went from hopeful to chaotic
(DBN)

Biden: $450,000 payments to families separated at border 'not going to happen'
(DBN)

Rust: Prop master Cathy Scorsese says filmmakers of Alec Baldwin movie ‘screwed up’ • 'Rust' Armorer's Lawyers Say 'Disgruntled' Person May Have Tried to 'Sabotage' Alec Baldwin Film • Lawyers for ‘Rust’ Armorer Say Gun Was Unattended Before Deadly Shooting • 'Rust' Cinematographer's Husband Lawyers Up
(DBN)

Prosecutors show Rittenhouse trial jurors video of protests • Witness says Kyle Rittenhouse was 'nervous' and 'didn't know what was going on' in Kenosha, while one of the men he killed was acting 'erratic' • Kyle Rittenhouse's trial opens with his lawyer saying the N-word twice in court
(DBN)

Jury selection nears end in trial over Ahmaud Arbery's death • Defense in trial for Ahmaud Arbery killing wants more 'Bubbas' on jury • Judge won’t change racial makeup of jury in Arbery slaying • Mostly white jury chosen in Georgia trial over Ahmaud Arbery’s killing • Arbery Murder Trail is Already Getting Ugly
(DBN)

Ex-Raider Henry Ruggs III drove 156 mph in fatal crash, DA says
(DBN)

Missouri Mom Gets Life in Prison for Drowning 8-Year-Old Son in Bathtub Before Jumping Off a Bridge. Her Internet Searches Were Damning.
(DBN)

Iowa Couple Filmed Sexual Abuse of Two Children They Knew with Intent to Distribute the Footage: Police
(DBN)

Houston: Man brutally beaten by neighbor says attack was fueled by racism
(DBN)

Investigators Cracked 1996 Cold Case Murder Thanks to Beer Cans: Deputies
(DBN)

Chicago Woman Recently Released from Bali Prison After Killing Mother, Stuffing Body in Suitcase Was Arrested Upon Her Return to U.S.
(DBN)

Tinder Lawsuit Swipes Right Into Trial
(DBN)

______________

Judges:

Bankruptcy Judgeship Opportunity - Reno
(DBN)

Reappointment of Chief Bankruptcy Judge Caryl E. Delano United States Bankruptcy Judge, Middle District of Florida
(DBN)

Federal judge acknowledges he may have violated law in 138 cases by failing to recuse
(DBN)

Reappointment of Bankruptcy Judge Erik P. Kimball United States Bankruptcy Judge, Southern District of Florida
(DBN)

Courts have served as an anti-democratic force for much of U.S. history
(DBN)

Biden chooses Delaware judge Stark as second Fed Circ. nominee
(DBN)

'Don't forget me again': Judge cuts DOJ dad-to-be a break after missed hearing
(DBN)

Supreme Court Controversies Could Be Worse
(DBN)

Broke Judge Deemed Too Racist For Alabama
(DBN)

It's 'Actually' in 'the Bible': Kyle Rittenhouse's Judge Explains Hearsay Rule to Jury by Talking About Trials of St. Paul the Apostle • Kyle Rittenhouse's Judge Scolds Jeffrey Toobin and Other CNN Analysts for Being 'Obviously' Unfamiliar with an 'Ancient Rule of Our Law'
(DBN)

______________

Wall Street:

Stock futures are little changed as market rally pauses with major averages at records
(DBN)

U.S. stocks end at records after Fed says economy recovering and tapering of bond purchases will start this month
(DBN)

Short Sellers Crushed as Bed Bath & Beyond Adds to Avis Blow
(DBN)

Why the Fed's long-awaited taper announcement isn't rattling the stock market
(DBN)

______________

Pharma:

Biden intends to rein in soaring drug prices — including insulin. Here's how • What is in the new Biden plan to reduce U.S. drug prices?
(DBN)

____________

Politics:

Reeling Democrats see threat to House and Senate control as Republicans crack their 2020 coalition • Democrats reeling in New Jersey after internal polling proved dead wrong • Rough Night for Democrats Exposes the Party’s Weakness • No, the GOP War on Critical Race Theory Did Not Win the Election • A sobering reality hits Democrats after Tuesday's elections losses • What Glenn Youngkin’s Virginia win means for Democrats • Republicans broke through in Virginia, but not for the usual reasons • Divided Democrats call for new strategy after disaster in VA • Black voters in Virginia refuse to be blamed for a major Democratic defeat. • Biden arrives back in DC to a nightmare • Biden: 'I'm not sure' passing Build Back Better agenda would've changed Virginia election
(DBN)

Biden’s approval rating is very bad
(DBN)

Gov. Murphy Wins Reelection in New Jersey • Murphy's narrow win in New Jersey does little to ease Democratic anxieties
(DBN)

You Can’t Win Elections by Telling Voters Their Concerns Are Imaginary
(DBN)

Meghan Markle is calling US senators and encouraging them to pass paid leave
(DBN)

U.S. Senate Democrats fail in latest bid to debate voting rights bill
(DBN)

NRA ran shell companies to illegally fund Trump and other Republicans, Giffords group alleges in suit
(DBN)

Trump, who had little engagement with Youngkin’s campaign, claims credit for his victory. • Trump claims Youngkin win is proof of election fraud in lengthy radio rant • The Virginia Results Aren’t the Victory Trump Thinks They Are
(DBN)

Candidates who attended 'Stop the Steal' rally win races
(DBN)

Cyber Ninjas fights Arizona audit public records demands
(DBN)

Boston doesn’t look like it did 20 years ago. Neither does its mayor.
(DBN)

Lawmakers Ask Biden to Rescind Medals for Wounded Knee Massacre
(DBN)

____________


Economy:

FOMC Statement: Taper! • Fed to begin slowing economic aid as inflation worries rise • Fed lays out long-awaited taper timeline • Fed to start tapering bond purchases as it begins pulling back pandemic aid • Powell Says Fed Patient on Hikes, Can Act on Inflation if Needed • What Jerome Powell Didn’t Do: Lay the Groundwork for Higher Rates • Why the Fed is winding down the party on Wall Street (and what it means for you)
(DBN)

Fed still thinks surging U.S. inflation won't last, but it's now hedging its bets
(DBN)

The Fed holds rates near zero yet some borrowing costs are already on the rise
(DBN)

ADP: Private Employment increased 571,000 in October • U.S. Companies Add More Jobs Than Forecast, ADP Data Show
(DBN)

3 people who rage-quit their jobs share how and why they don't regret it: 'The last 8 months were hell'
(DBN)

The labor shortage is reshaping the economy and how people talk about work. Here's a glossary of all the new phrases that sum up workers' frustration with their deal, from 'lying flat' to 'antiwork.'
(DBN)

Construction company owner says labor shortage means he's paying up to $20 an hour to workers who have 'no idea' how to do the job
(DBN)

U.S. economy rebounds as coronavirus cases fade, ISM service sector index soars in October • ISM® Services Index Increased to 66.7% in October
(DBN)

U.S. factory orders increase 0.2% in September as shortages persist
(DBN)

Self-Employment Surges Back to Pre-Pandemic Levels in U.S.
(DBN)

Volkswagen Extends Already Expansive Work-From-Home Proposal
(DBN)

Truckers tired of taking blame for congestion crisis at California ports
(DBN)

Air Force: Nearly 8,500 missed vaccine deadline • Air Force: Nearly 97% of active members complied with vaccine mandate
(DBN)

NYC police unions warned vaccine mandates would pull 10,000 officers off streets. So far, the number is 34.
(DBN)

Ford to impose Covid vaccine mandate on most of its 32,000 salaried workers
(DBN)

Alaska Governor: Ignore Fed Vax Mandate
(DBN)

Vaccine mandates are surging in job listings
(DBN)

Vaccine or test: Biden advances sweeping new mandates for private sector
(DBN)

Wide array of opponents prepare to fight Biden vaccine mandate
(DBN)

House Democrats plow ahead with social spending bill • Dems keep butting heads after Virginia shellacking • Democrats now will 'circle the wagons and pass' spending bills — analysts react to Virginia, N.J. elections • House Democrats put paid leave back in social-spending bill, Manchin still opposes • Pelosi Maneuvers to Include Paid Leave in Biden Agenda • As Democrats revive paid leave, it’s still too early for workers to count on • After loss in Virginia, Democrats look to speed up their stalled $3 trillion spending agenda • Democrats eye enlarging minimum tax to counter SALT expansion • Democrats look at expanding minimum tax on wealthy in exchange for state and local tax break • Key Senators Float SALT Break for Americans Earning Less Than $400,000 • House Democrats propose increasing SALT cap to $72,500 through 2031 • House panel reviews Dems’ social spending bill as progressives push for votes this • 'Beyond unacceptable': Bernie Sanders slams Democrats' $1.75 trillion spending package after analysis said it would cut taxes for the richweek
(DBN)

Democrats Face Economic Gut-Check After GOP Taps Voters’ Angst
(DBN)

The 5 states where salaries have risen the most over the past decade
(DBN)

18 US Billionaires Got Stimulus Checks
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

'It's really a toy': Zillow closes home-flipping business. What does that say about the reliability of its Zestimate home-valuation tool? • The Market Impact of the Closure of Zillow Offers • Zillow’s Flipping Halt Marks Stunning Collapse in Housing Push • Zillow’s Drop Brings Market Value Loss to $30 Billion From Peak • Zillow Shares Plunge as Investors Digest Home-Flipping Halt • The housing market is so red-hot it broke Zillow's algorithm that predicted how fast prices would surge
(DBN)

That Bel Air Mansion "The One" – Which Was Previously Listed For $500 Million – Has Entered Bankruptcy
(DBN)

____________

Municipalities:

Judge advances Puerto Rico Board's pension interpretation of bond bill
(DBN)

____________

Oil/Gas:

Oil firms face faster timeline on methane reductions under Biden climate plan
(DBN)

Oil Rally Reverses On Signs Of Cooling Demand
(DBN)

Al Gore Says ‘We Now Have a Subprime Carbon Bubble’
(DBN)

Exxon warns investors of climate risk to its oil and gas assets
(DBN)

U.S., Canada among 20 countries to commit to stop financing fossil fuels abroad
(DBN)

SAP to Transition 27,000-Vehicle Fleet to Electric Cars by 2030
(DBN)

India Refiners Brace for a Low-Carbon Future With Fossil Plans
(DBN)

Costa Rica Targets Transport for ‘Dramatic’ Cut in CO2 Emissions
(DBN)

____________

Retailing:

CVS director of organized retail crime explains how professional thieves are stealing $2,000 from stores in just 2 minutes
(DBN)

More than 140,000 Amazon drivers are getting back nearly $60 million in illegally withheld tips. At least one driver will receive more than $28,000.
(DBN)

____________

Furniture:

Furniture shipping rates now equal the cost of the furniture itself as lead times continue to stretch on for months
(DBN)

____________

Education:

Diversity plan opponents win control of school board in Southlake, Texas
(DBN)

President of Georgetown College in Kentucky fired over sexual assault allegations
(DBN)

____________

Hotels:

Embarrassing news for Trump’s bankrupt Vancouver hotel and its “Spa by Ivanka”
(DBN)

____________

Sports:

Packers QB Aaron Rodgers to miss next game after being put on NFL Covid protocol
(DBN)

Crowd hurls vile chants at female goalie as high school hockey game turns ugly
(DBN)

____________

Coal:

Settling the Dust of the Coal Industry
(DBN)

____________

Telecoms:

GTT Communications can proceed with speedy restructuring
(DBN)

____________

Theme Parks:

Judge in Conneaut Lake Park case says he has no jurisdiction, but he does have a suggestion
(DBN)

____________

Student Debt:

4 ways Elizabeth Warren is asking Biden to simplify student-debt forgiveness so more borrowers get the relief they deserve
(DBN)

'I can't imagine the day when I'm not paying.' Black women are being crushed by the student debt crisis — and demanding action
(DBN)

____________

Healthcare:

CDC: U.S. not considering changing definition of "fully vaccinated"
(DBN)

Epic Rehabilitation and Nursing Home in White Plains blames builder for bankruptcy
(DBN)

U.S. Covid-19 Recovery Hits a Bump as Winter Draws Near
(DBN)

Roll up your sleeves: Kids’ turn arrives for COVID-19 shots • Covid vaccines for children are coming. So is misinformation • Child vaccinations begin in California with toys and gifts • Biden to Give Federal Workers Time Off to Vaccinate Their Kids
(DBN)

China, India, Russia Data Masks the World’s Real COVID Death Toll
(DBN)

Los Angeles mayor tests positive for Covid at climate summit
(DBN)

Country by country, scientists eye beginning of an end to the COVID-19 pandemic
(DBN)

____________

 
New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (7 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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:

Slowing Bankruptcy Filings Could Signal Flurry Ahead
(DBN)

BK WD NY: Updated Filing Statistics
(DBN)

Study: Black Americans 28% More Likely to Be Dismissed from Bankruptcy than Non-Black Filers
(DBN)

______________

Non-Debtor Releases:

House Judiciary Committee Hearing: The Nondebtor Release Prohibition Act of 2021
(DBN)

Jerry Nadler Argues Against 'Extreme Abuses' Of Corporate Bankruptcy System
(DBN)

House Judiciary Committee Passes Nondebtor Release Prohibition Act
(DBN)

Republicans Oppose Bill Aimed at Banning Certain Corporate Bankruptcy Strategies
(WSJ)

J&J, Purdue Uproar Spurs House Panel to Move Bankruptcy Overhaul
(DBN)

____________

Aviation:

U.S. Airline Disruptions Cast a Pall Over Holiday Travel
(DBN)

Southwest Air Says It’ll ‘Do Well’ Even If Corporate Travel Remains Stunted
(DBN)

Boeing has 'more work to do', says U.S. air safety chief
(DBN)

Deserted London Airport Targets Return of Flights Next Summer
(DBN)

Texas GOP chair Allen West involved in physical altercation at Dallas airport over mask, campaign says
(DBN)

Colombia's Avianca to move domicile to the United Kingdom
(DBN)

NCLT rejects plea for initiating insolvency against Air India
(DBN)

PAL readies executive team for Chapter 11 emergence
(DBN)

Air Canada Must Set Aside Portion of Covid Refunds for Lawyers
(DBN)

____________

Fraud:

Madoff trustee OK'd to seek clawback of $50 million in former client funds
(DBN)

Head of defunct broker-dealer charged with fraud
(DBN)

____________

Awards:

US News & World Report: Best Law Firms for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
(DBN)

____________

Labor:

John Deere workers reject contract offer, extending strike into third week • Deere Says Rejected Deal Is ‘Best-and-Final’ Offer to Union • Deere says it won’t resume talks after striking workers reject an agreement.
(DBN)

American Women Gain Clout in Unions After Pandemic Sacrifices
(DBN)

____________

Agribusiness:

Fertilizer Crisis Means Higher Prices for Every Plate of Food
(DBN)

____________

Newspapers:

The New York Sun, a defunct newspaper, plans a comeback after a sale.
(DBN)

____________

Celebs:

Erika Jayne’s Lawyer Asserts She ‘Never’ Possessed Lion Air Client Docs in ‘Bombshell’ Filing • 'RHOBH' Star Erika Jayne Denies Concealing $242k Lottery Payments In Tom Girardi Bankruptcy Battle • Erika Admits She's in Touch With Tom, Reveals 1st Question She Asked Him
(DBN)

Tom Girardi’s Bankruptcy Settlement In Danger Of Being Denied Due To Tom Allegedly Hiding Assets!
(DBN)

Vanderpump Rules Recap: Going Bankrupt In The Poker Game Of Life
(DBN)

Jamie Spears requested to end conservatorship about a week after Britney's lawyer told him to turn over 13 years' worth of documents, new court filings show • Lynne Spears is requesting that Britney's estate pay for more than $600,000 worth of legal fees linked to her efforts to end to the conservatorship
(DBN)

RHONJ’s Danielle Staub sued for $6K after ‘not paying rent’ on New Jersey condo two years following firing from show
(DBN)

____________

Climate:

COP26 is looking like a historic failure after the world's biggest polluters snubbed the summit and even rich nations failed to deliver
(DBN)

Virginia Beach OKs $568 million bond to fend off rising seas
(DBN)

John Kerry says 'peer pressure' and 'humiliation' are key to holding countries accountable for climate pledges
(DBN)

Satellite monitoring of emissions from countries and companies ‘changes everything,’ Al Gore says.
(DBN)

Europe's hottest summer on record would have been 'almost impossible' without human-induced climate change
(DBN)

Study Confirms Calif. Worst Wildfire Fears
(DBN)

Investors bet big on climate fight but motives questioned
(DBN)

As COP26 takes on finance, the world haggles over climate funding
(DBN)

Carney-Led Climate Finance Plan Stirs Criticism as Too Little
(DBN)

Organizers blame the pandemic as frustrations grow over long waits and other glitches at the climate conference.
(DBN)

Therapists in Maine are treating more people for climate anxiety: 'What do you call a lobsterman when there are no more lobsters?'
(DBN)

Oil Tankers CEO Says Customers Will Pay to Clean Up Shipping
(DBN)

A new Supreme Court case could gut the government’s power to fight climate change
(DBN)

Bank of Canada plans new tools to assess climate impact on economy
(DBN)

____________

Ride Hailing:

N.Y.C. Cabbies Win Millions More in Aid After Hunger Strike
(DBN)

____________

UK:

Wirral Council has been advised that it must sell town halls, libraries, and recreation centres or risk going bankrupt.
(DBN)

U.K. Wage Pressures Set to Persist as Furloughed Staff Keep Jobs
(DBN)

Staff tell of 'devastation' as Liverpool based company Pure Legal 'enters administration'
(DBN)

A major UK energy company is on the verge of going bankrupt, putting the lives of 1.7 million Britons in jeopardy.
(DBN)

Sick Scots face being turned away from hospital
(DBN)

____________

Russia:

Russia joins 'very high' risk areas the CDC says to avoid during the pandemic
(DBN)

Moscow Mayor to Lift Partial Lockdown as Covid-19 ‘Stabilized’
(DBN)

____________

Greece:

Greece tightens restrictions on the unvaccinated as virus cases spike.
(DBN)

____________

MENA:

Rich Gulf patrons turn the screws on a bankrupt Lebanon
(DBN)

Thousands of Americans Still Trapped in Afghanistan
(DBN)

____________

China:

Pentagon sharply raises estimate of China's nuclear expansion
(DBN)

____________

India:

IBC needs a stronger push, says report
(DBN)

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