October 14, 2021

The Daily Bankruptcy News

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Law:

Why this BigLaw firm is embracing an ‘augmented automation solution’ for clients
(DBN)

What happens when lawyers make mistakes?
(DBN)

'Yeah, There's Going To Be Attrition': Biglaw Firms Grapple With Losing Lawyers
(DBN)

Lateral Partner Movement
(DBN)

Legal Practice Areas That Are Thriving During the Pandemic
(DBN)

Law Firms Shouldn’t Penalize Former Trump Lawyers, Donoghue Says
(DBN)

Can a court reduce punitive damages below statutory cap? Supreme Court asks for solicitor general’s view
(DBN)

More Law Firms Should Offer Work Cellphones To Employees
(DBN)

Top state court upholds trust provision requiring beneficiary to be unmarried
(DBN)

Accounting Firms Are Beating Law Firms In The Tax Services Battle
(DBN)

Which Law School's Students Are Dumber Than A Dog?
(DBN)

Murdaugh a Person of Interest in Murders
(DBN)

Fighting sanctions, county attorney cites ‘crushing’ caseloads, fed-up prosecutors and backlog of 1,000 cases
(DBN)

Yale Law Shows Commitment To Diversity With Boilerplate Apology To Minorities
(DBN)

Biglaw Partner's Adorable Place in Video Game History
(DBN)

Cheney threatens criminal contempt if Jan. 6 panel subpoenas ignored • Jail Officials Held in Contempt for Treatment of Jan. 6 Defendant • What's at risk in the murky Capitol attack investigation • Jan. 6 panel interviews Rosen, eyes subpoena for Clark amid focus on Trump efforts at DOJ • Jan. 6 panel subpoenas Jeffrey Clark, backer of Trump election fraud claims at DOJ • Capitol Police union backs Jan. 6 whistleblower • Law enforcement's use of force against Jan. 6 conspiracy suspects draws heat — and credit • Texas Florist Who Bragged About Storming Pelosi’s Office Pleads Guilty to Misdemeanor • Two More Upstate New Yorkers Charged with Spraying Chemical Agent at Police on Jan. 6 • Jan. 6 panel subpoenas former DOJ official over Trump bid to deny Biden election win • Judge Gives Jan. 6 Rioters Higher Sentences • 100 Capitol Rioters Have Pleaded Guilty
(DBN)

Rudy Giuliani Being Crushed By Inflated Legal Fees Renews My Faith In Poetic Justice
(DBN)

Pillow Puffer Invites YOU, YES YOU To Sign His Petition To SCOTUS
(DBN)

Georgia Judge Dismisses Trump Supporters' Voter Fraud Lawsuit
(DBN)

How SCOTUS enabled police abuses of civil rights?—and what we can do about it
(DBN)

U.S. to open Mexico and Canada land borders to fully vaccinated people • Mexico cheers U.S. decision to open borders in Nov. to fully vaccinated people
(DBN)

U.S. defends deporting migrants under health policy, even as it opens borders to travelers
(DBN)

Middle-Class Migrants Fly to Mexico and Then Cross U.S. Border Illegally
(WSJ)

Giuliani Associate Sees Trump-Linked Charges Morph Into Pot Case • Ex-Giuliani associate Parnas used Russian funds to ‘grease the wheels,’ prosecutor says • Prosecutor: Giuliani associate was 'laughing' about breaking the law
(DBN)

Citing 'Media Coverage' Concerns, Ghislaine Maxwell's Defense Team and Prosecutors Want to Keep Questionnaire for Potential Jurors Under Seal
(DBN)

Minnesota Man Allegedly Shot a Woman in the Head at a Resort, Possibly Mistook Her for His Ex-Girlfriend
(DBN)

MN: Cops Caught on Video 'Hunting' Activists
(DBN)

Illinois Mom Charged Searched Internet for 'Ways to Get Rid of Your Child' Before Murdering 5-Month-Old Son: Prosecutors
(DBN)

Marine critical of military over Afghan pullout to plead guilty, lawyer says
(DBN)

Her Best Friend Was Murdered. 20 Years Later She Said Her Dad Did It.
(DBN)

Ex-soldier storms animal shelter to get his cat back
(DBN)

Bow and Arrow Massacre in Norway • Norway bow-and-arrow suspect had been flagged over radicalization concerns
(DBN)

'Cars Were Skidding and Twisting': Connecticut Man Allegedly Carjacked Tractor-Trailer During Rush Hour on Interstate
(DBN)

Los Angeles City councilmember indicted on federal bribery charges
(DBN)

Florida Man Charged in Death of Girlfriend After 2-Year-Old Toddler Fired Fatal Gunshot During Work Zoom Call
(DBN)

Maine can bar religious exemptions to COVID-19 vaccine mandate, judge rules
(DBN)

______________

Judges:

Judge Homer Drake’s Bankruptcy Opinions – Introduction
(DBN)

Judge Jails Children For Just Standing There... Menacingly
(DBN)

Judiciary Launches Vulnerability Disclosure Program
(DBN)

U.S. judiciary to review conflict policies after report on judges' stocks
(DBN)

Sotomayor Laments Lack of Professional Diversity on High Court
(DBN)

Judge who required jail visit for all arrested juveniles remains on bench after lawsuit payout
(DBN)

The Other Federal Judge Advancing The 'I HATE BLACK PEOPLE' Law Student's Career
(DBN)

Judges Gone Wild
(DBN)

Katie Couric Says She Cut RBG Quotes Scolding National Anthem Kneelers to 'Protect' Her • Ginsburg's Comments on Anthem Protests
(DBN)

Murder Defendant in 2014 Killing Asks Trial Judge to Officiate Wedding
(DBN)

Outrage Grows Over TN. Judge Jailing Kids
(DBN)

______________

Wall Street:

Dow futures jump 200 points, Carnival and other stocks linked to the reopening gain
(DBN)

US stocks rise as investors digest Fed minutes showing tapering on track for November
(DBN)

When will soaring oil prices put a pinch on the stock market? Here's what history says
(DBN)

______________

Layoffs:

More than 800 Boston city workers suspended over vaccine mandate
(DBN)

General Motors extends layoffs at Flint Engine Operations
(DBN)

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Retailing:

Retailers struggle to hire warehouse workers ahead of the holidays, with brutal hours and poor working conditions taking their toll, a report says
(DBN)

Small retailers brace for shortages amid supply chain issues
(DBN)

Walgreens shutting five San Francisco locations due to organized retail crime
(DBN)

'There will be things that people can't get,' at Christmas, White House warns • White House scrambles to address looming Christmas crisis
(DBN)

____________

Utilities:

One PG&E wildfire safety blackout is ending. Another could begin in California soon
(DBN)

____________

Personal Finance:

Education Secretary Miguel Cardona says personal finance lessons should start as early as possible
(DBN)

____________

Healthcare:

October 13th COVID-19: Progress • New COVID cases down, but the West is at risk
(DBN)

With hospitals crowded from COVID, 1 in 5 American families delays health care
(DBN)

WHO announces new expert group to investigate origins of covid-19 and other outbreaks
(DBN)

Americans are losing trust in Biden's handling of the COVID pandemic: poll
(DBN)

CDC predicts continued declines in Covid-19 hospitalizations and deaths over next 4 weeks
(DBN)

U.S. pastors, advocacy groups mobilize against COVID-19 vaccine mandates
(DBN)

Is it the 'worst cold ever,' the flu or covid? Winter is coming.
(DBN)

Low vaccination rates exacerbate America's caregiving crisis
(DBN)

COVID-19 booster shots overtake first doses in the U.S.
(DBN)

Clearing up the latest confusion around boosters
(DBN)

White House says an estimated 7 million people have received a COVID-19 booster
(DBN)

J&J booster confusion ahead
(DBN)

Biden admin warns Moderna to "step up" global vaccine supply
(DBN)

More than one-third of eligible seniors have received boosters, White House...
(DBN)

White House calls on pediatricians to help with rollout of kids’ Covid vaccine as early as November
(DBN)

U.S. Secretary of Education Miguel Cardona says Texas Gov. is wrong to ban Covid vaccine mandates
(DBN)

In Israel and Bahrain, people lose vaccination status for not taking boosters
(DBN)

____________


Economy:

FOMC Minutes: "the process of tapering could commence ... in either mid-November or mid-December" • Fed says it could begin ‘gradual tapering process’ by mid-November
(DBN)

Federal Reserve officials concerned inflation could last longer 'than they currently assumed'
(DBN)

Food, rents boost U.S. consumer inflation in September • Prices rise 5.4% in September over last year, as delta holds back economic recovery
(DBN)

BLS: CPI increased 0.4% in September, Core CPI increased 0.2%
(DBN)

Consumer prices rise more than expected as energy costs surge
(DBN)

Cleveland Fed: Median CPI and Trimmed-mean CPI both increased 0.5% in September
(DBN)

Inflation picked up in September, signaling the economy is still far from normal
(DBN)

Deutsche Bank Chief Sewing Says Inflation Probably Here to Stay
(DBN)

Stronger-than-expected U.S. inflation data has bond traders weighing the risk of a Fed policy error
(DBN)

‘In Complete Denial’: Markets Faulted as Inflation Worries Build
(DBN)

Future of child tax credit may be foggy, but its benefits are growing clearer
(DBN)

Why you should be celebrating the record number of people saying, 'I quit'
(DBN)

Just 3% Growth Will Spur Economic ‘Animal Spirits,’ Paulsen Says
(DBN)

Social Security checks going up by 5.9 percent, the highest increase in decades • Cost of Living Adjustment increases 5.9% in 2022, Contribution Base increased to $147,000
(DBN)

As supply chain troubles mount, Biden to tout longer hours for L.A. port
(DBN)

Biden threatens to call out companies that don't help end supply bottlenecks
(DBN)

Walmart, FedEx, UPS will move to operate '24/7' to ease supply chain bottlenecks, WH says
(DBN)

Companies are mentioning the words 'supply chain' more than ever before during earnings calls
(DBN)

There's a backlog at U.S. ports. Here's how Biden hopes to get you your goods, faster
(DBN)

Pete Buttigieg's inexperience exposed as supply chain breaks down
(DBN)

Michael Burry of ‘Big Short’ Fame Posts Twitter Rant Over Taxing the Rich
(DBN)

Democrats Divided Over How Best to Slice Biden’s Economic Agenda • Here's what could go in a Democratic social-spending bill costing $1.5 trillion — Manchin's limit • 3 in 4 Democrats support larger social spending bill over scaled-back package: poll • Democrats struggle to gain steam on Biden spending plan • House, Senate Democrats at odds over whether to slash paid leave plan • Dems torn between wooing and badgering the Biden agenda holdouts
(DBN)

The U.S. Debt-Limit Increase Is Mostly Earmarked for Use Already
(DBN)

Blackstone employees in London must be vaccinated to work in the office.
(DBN)

The office is now more about fostering culture than getting work done
(DBN)

Debt ceiling crises sharpen scrutiny of U.S. safe-haven status
(DBN)

More than half of Bay Area residents plan to leave permanently: poll
(DBN)

This Is the Worst County to Live In
(DBN)

IMF blames 'great vaccine divide for dangerous divergence in economic prospects'
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

1st Cir. Holds Defect in Massachusetts Certificate of Acknowledgment Made Mortgage Voidable
(DBN)

Foreclosures are surging as Covid mortgage bailouts expire, but they’re still at low levels
(DBN)

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

The middle class is being crushed by the housing crisis—and a solution is hiding in plain sight
(DBN)

Rents are rising 'ominously' fast, according to some economists
(DBN)

____________

Municipalities:

New signs Puerto Rico debt deal may collapse
(DBN)

As Puerto Rico's power crisis worsens, lawmakers probing outages seek answers
(DBN)

City Retirees Say New Health Benefits Will Bankrupt Them
(DBN)

____________

Oil/Gas:

Putin: $100 Oil Is “Quite Possible”
(DBN)

Gas Prices Cross $5 in Manhattan
(DBN)

The U.S. Shale Industry Desperately Needs To Drill
(DBN)

White House asks U.S. oil-and-gas companies to help lower fuel costs -sources
(DBN)

Will The U.S. Be Spared From The Global Energy Crisis?
(DBN)

Oil falls on concerns of faltering economic growth to hit demand
(DBN)

OPEC Remains Cautious on Oil-Demand Strength Despite Price Surge
(DBN)

Don’t Blame Climate Policies for the Energy Crisis, IEA Says
(DBN)

U.S. planning offshore wind farms from Maine to California
(DBN)

U.S. Consumers Will Pay More for Energy This Winter, EIA Says • U.S. consumers brace for double-digit percentage gains in winter heating bills • EIA says U.S. household natural-gas heating costs to jump 30% this winter
(DBN)

North Dakota oil executive pleads guilty in fraud scheme
(DBN)

____________

Celebs:

RHOBH’s Erika Jayne SLAMMED for taking 11 months to address husband’s ‘alleged victims’ in ‘staged’ statement at reunion • RHOBH star Erika Jayne’s salary from show revealed despite her claim she has ‘zero dollars’ after divorce & lawsuit • Erika Girardi Calls Out Critics, Says Lawyers Advised She Quit 'Real Housewives of Beverly Hills' in First Reunion Episode
(DBN)

____________

Pharma:

Purdue Pharma judge rejects call to halt opioid deal • Federal judge rejects a government bid to delay Purdue Pharma's bankruptcy settlement
(DBN)

Judge: Purdue Pharma can resume groundwork on its settlement
(DBN)

Who is Richard Sackler?
(DBN)

Everything To Know About Purdue Pharma & Its Thousands Of Lawsuits
(DBN)

Can the US cut drug prices without sacrificing new cures?
(DBN)

Purdue Pharma Opposes Justice Department Bid for Immediate Appellate Review
(DBN)

Teligent to Pursue Asset Sale through Voluntary Chapter 11 Process
(DBN)

____________

Taxis:

City Council to Review NYC's Debt Relief Program for Taxi Medallion Owners
(DBN)

____________

Tech:

Riverbed Announces Restructuring Support Agreement with Its Lenders and Equity Sponsors, Strengthens Financial Position Through New Capital and Reduces Debt by Over $1 Billion, Pre-Pack Possible
(DBN)

____________

Politics:

McConnell gets GOP wake-up call
(DBN)

Smarkets betting site makes Trump favorite in 2024
(DBN)

Trump holds 35-point leads over DeSantis, Pence in new poll
(DBN)

The New Jersey’s governor’s race puts mandates to a political test.
(DBN)

Coronavirus Speeds GOP’s Populist Shift Away From Pro-Business
(DBN)

MAGA Gun Church That Worships With AR-15s Has Bought a Giant Mountain Property in Tennessee
(DBN)

No House Republican voted to raise the US debt ceiling
(DBN)

White House anticipates more economic woes, tough midterm fight
(DBN)

Democrats Can’t Just Give the People What They Want
(DBN)

Congressional approval slips to 27 percent in new poll
(DBN)

Biden approval at 50 percent in CNN poll
(DBN)

Mnuchin Denies Ivanka-World Bank Story
(DBN)

GOP rallies around Manchin, Sinema
(DBN)

____________

 
New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 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:

A Decline In Chapter 11 Filings Allows Attorneys to Utilize Their Skills Elsewhere
(DBN)

______________

Mass Torts:

Care to Dance? “Texas Two-Step” Maneuver Draws Ire of Creditors and Congress
(DBN)

Ex-J&J talc supplier considering new path as judge nixes bankruptcy plan votes
(DBN)

Gymnasts urge Congress to remove U.S. Olympic committee's directors
(DBN)

____________

Bankruptcy Bonuses:

Bill introduced in Congress to end executive bonuses in bankruptcy
(DBN)

____________

Surcharge:

Section 506(c) Surcharge Motion Provokes Settlement in Bouchard Transportation Cases
(DBN)

____________

Miscellaneous:

Month-In-Brief: Bankruptcy & Finance
(DBN)

____________

Bankruptcy Crimes:

Chicago Man Charged With Embezzlement of a Bankruptcy Estate and Wire Fraud
(DBN)

____________

Third Party Releases:

The Way Is Shut: Nondebtor Release Legislation Proposes Mandatory Dismissal on Account of Pre-Bankruptcy Liability Management Transactions
(DBN)

____________

Aviation:

Delta Air warns of pre-tax loss in fourth quarter as fuel prices surge
(DBN)

TSA: Record Number of Guns in Airports
(DBN)

The Southwest Airlines mess and rumors of a vaccine walkout • Southwest resumes normal operations after recent disruptions • No, it wasn't a pilot 'sickout': Here's what was really behind Southwest's flight disruptions over the weekend
(DBN)

The U.S. Is Lifting Travel Restrictions for Visitors. What Do the New Rules Mean?
(DBN)

United CEO weighs in on Texas mandate, employee firings: "This is in the rearview mirror for us"
(DBN)

Texas-based airlines brush off Gov. Abbott's ban on vaccine mandate
(DBN)

United Airlines’ Vaccine Mandate Program Is Limited by Court
(DBN)

Bali reopens to foreign travelers as COVID-19 surge subsides
(DBN)

Latam’s creditors propose US$ 5 billion to finance the company’s debt
(DBN)

____________

Fraud:

Antiquities Dealer Admits Mass-Producing Fakes He Sold for Years
(DBN)

Jurors in Holmes’ trial raise concerns about personal information being released
(DBN)

____________

Distressed Investing:

A Decade After Forbes’ Investigation, ‘Diva Of Distressed’ Lynn Tilton Hit With $38 Million Fine Following Dozens Of Lawsuits
(DBN)

____________

Coal:

Full steam ahead: West Virginia's program to pay people $12k to move to coal country gains momentum
(DBN)

____________

Student Debt:

What to know about recent changes to the public service loan forgiveness program
(DBN)

‘Conversations around loan forgiveness’ to continue, says Education Secretary
(DBN)

____________

Education:

Vista College files for bankruptcy, faces lawsuit less than 1 week after shutdown
(DBN)

Parents love their kids. That doesn't make them experts on masks and vaccines.
(DBN)

____________

Climate:

A tough reality check ahead of COP26
(DBN)

California experiences its driest summer since 1895
(DBN)

California wildfire swells, triggering more evacuations, power shutoffs • More than 1,000 firefighters battle blaze spreading along California coast
(DBN)

Global energy crisis could dim climate hopes
(DBN)

____________

Crypto:

A crypto collapse is 'plausible' and regulation of the market is urgently needed, Bank of England's deputy governor says
(DBN)

____________

Sovereigns:

Tunisia’s new government faces hard road to rescue package
(DBN)

____________

UK:

Managing the rise of third-party insolvency risks
(DBN)

Energy supplier insolvency - are the rescue remedies fit for purpose?
(DBN)

Dealmakers get post-Brexit 'warning shot' from U.K. watchdog
(DBN)

EU to Offer Brexit Concessions Ahead of New Round of U.K. Talks
(DBN)

U.K. Economy Expands Less Than Expected as Services Disappoint
(DBN)

All of the energy companies that have gone bankrupt this year, as well as those that are in jeopardy.
(DBN)

UK Now Bank Scam Capital of the World
(DBN)

____________

EU:

EU Proposes Tax Breaks to Shield Consumers From Energy Rally
(DBN)

____________

Germany:

German institutes to slash growth outlook on bottlenecks
(DBN)

____________

MENA:

Taliban Record So Far Shows Why the G-20 Is Reluctant to Help
(DBN)

____________

Italy:

Fears of 'chaos' as Italy adopts tough Covid pass regime
(DBN)

____________

China:

China’s Credit Growth Slows Amid Property, Evergrande Troubles
(DBN)

China Developers Account for About Half of World’s Troubled Debt
(DBN)

Chinese property firms suffer fresh downgrades amid Evergrande crisis
(DBN)

____________

Russia:

Russian population decline largest ever recorded
(DBN)

____________

Africa:

Insolvency law takes a knock: A review of Roofings v Roko Construction
(DBN)

____________

Germany:

German energy retailer Otima declares itself insolvent as energy crisis bites
(DBN)

____________

India:

To Maximise Value of Troubled Firms, the Insolvency and Bankruptcy Code Needs More Reforms
(DBN)

Lenders to set threshold for sale of distressed assets under IBC
(DBN)

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