October 29, 2021

The Daily Bankruptcy News

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Law:

Biglaw Firm Gives Associates A Major Halloween Treat In The Form Of Raises
(DBN)

43% of law students reported food insecurity worries during pandemic, survey finds
(DBN)

LSSSE: The COVID Crisis In Legal Education
(DBN)

The Biglaw Firm Where Associates Are Putting In The Most Hours
(DBN)

New York Bar Exam Pass Rate Falls After Long Test Returns
(DBN)

Hastings Law Grapples With Its Founder’s Involvement in Native Massacres • Dean of Hastings law school wants to keep its name, despite founder’s role in massacres
(DBN)

Law Firm Tries To Get In On The NFT Hotness
(DBN)

Full-Time Duke And North Carolina Faculty Receive $2,300 In Settlement Of Claim That Non-Poaching Agreement Stifled Lateral Moves; Adjunct Faculty Receive $150
(DBN)

How Dedicated To Diversity Is Your Biglaw Firm? There's A Ranking For That!
(DBN)

Covid: Firm introduces traffic light colored wrist bands
(DBN)

On Unsocial Media, Working From Home, And A New Way To Prime The Pipeline
(DBN)

ATL’s 12th Annual Legally Themed Halloween Costume Contest: 'Post'-Pandemic Edition
(DBN)

Why Lawyers Should Offer CLE On P------ And Not Legal Providers
(DBN)

Former DOJ official splits with lawyer before Jan. 6 testimony • Why Congress is looking closely at Jan. 6 rally • Judge getting sick of Jan. 6 rioters’ complaints about jail conditions: ‘Some people want hotel services’ • Chief Judge Roasts DOJ for 'Schizophrenic' Light Treatment of Jan. 6 Criminals Before Sentencing Tennessee TikToker to Probation • Former lawmakers sign brief countering Trump's claims of executive privilege in Jan. 6 investigation • Jan. 6 committee allows Trump DOJ official to postpone appearance after he loses his lawyer • Tucker draws bipartisan backlash for 'false flag' claim about Jan. 6
(DBN)

QAnon Influencer Who Accuses Democrats of Being Pedophiles Is Identified as Convicted Child Molester Designated as 'Sexually Violent Offender'
(DBN)

Japan’s Princess Mako to ‘move into one-bed New York flat’ with lawyer husband after losing royal status • Meet The Biglaw Associate Who Just Married A Japanese Princess
(DBN)

Justice Department announces tougher enforcement for white-collar crime
(DBN)

‘Rust’ Assistant Director Involved in Alec Baldwin’s Shooting Accident Linked to 74-Year-Old Actress’ On-Set Injury in 2019 • How it happened: Inside movie set where Baldwin’s gun fired • Sheriff: Movie set showed ‘some complacency’ with weapons • Baldwin shooting highlights risks of rushed film production • Lawyers say involuntary manslaughter charges could be filed in Alec Baldwin set shooting case
(DBN)

Latham & Watkins lawyer posts tribute to wife, shot by Alec Baldwin
(DBN)

First Covid raised the murder rate. Now it’s changing the politics of crime.
(DBN)

Families of 9 killed in SC church settle with feds over gun • US to pay $88M to families, victims of SC church massacre • In Big 'F You' to White Supremacy, Survivors and Families of Charleston Church Massacre Victims Settle Lawsuit for $88 Million
(DBN)

Unite the Right trial opens with competing versions of deadly Charlottesville rally • A judge cut off Richard Spencer 3 times during his opening statement at the Charlottesville 'Unite The Right' trial
(DBN)

Two men accused of plotting a racial 'civil war' sentenced to 9-year prison terms
(DBN)

Small Town Problem Hits Arbery Jury
(DBN)

Keep or Replace? Fate of Minneapolis Police in Voter Hands
(DBN)

City officials in Texas went to cut a man's overgrown lawn. He was later killed in a standoff with police.
(DBN)

Legal experts see strong self-defense claim for Rittenhouse
(DBN)

US in talks to compensate families separated at border
(DBN)

Minneapolis mayor faces voters with policing on their minds
(DBN)

Charge stands for ex-cop who killed Daunte Wright
(DBN)

Convicted Child Killer Heads Back to Prison for Burglary After 'Trail of Women’s and Children’s Underwear' Stolen from Neighbors Led to His House
(DBN)

Man who escaped Australian prison three decades ago faces deportation - to a country that no longer exists
(DBN)

Indiana Man Pleads Guilty to Molesting and Trying to Kill Young Girl in Crime 'So Graphic Most People Who Observed It Sought Mental Health Treatment'
(DBN)

Nevada Man Who Allegedly Sawed Through Motel Wall to Kidnap Babysitter and 4-Year-Old Now Charged in Two Separate Murders
(DBN)

Man Charged with Raping Pre-Teen Stepdaughters Is Convicted for Asking Hitman to Kill His Ex-Wife after Mailing Request to Wrong Person
(DBN)

Bible note changed writer’s will, Tennessee appeals court rules
(DBN)

‘Groveland Four’ were wrongly accused in 1949, prosecutor says in motion to clear their names
(DBN)

Misdemeanor Sex Crime Complaint Filed Against Former N.Y. Gov. Andrew Cuomo; Local District Attorney Appears Blindsided by Sheriff’s Actions
(DBN)

Police searched a beer truck and found some $200 million worth of drugs, in Asia's largest-ever meth bust
(DBN)

He underpaid for a Mountain Dew by 43 cents. It almost cost him 7 years in prison
(DBN)

Oklahoma executes inmate who dies vomiting and convulsing
(DBN)

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Judges:

BK MD AL: Court Newsletter
(DBN)

BK WD NC: Judge George R. Hodges is recalled into service
(DBN)

In fight at Supreme Court over N.Y. gun law, a surprising conservative split
(DBN)

The Second Amendment Didn’t Protect Your Right To Own A Gun Until 2008
(DBN)

We are public defenders. New York’s gun laws eviscerate our clients’ Second Amendment rights.
(DBN)

______________

Wall Street:

U.S. stock futures fall as Apple, Amazon decline on disappointing earnings
(DBN)

______________

Layoffs:

With negotiations ongoing, Congress moves to avert furloughs for thousands of federal transportation workers
(DBN)

Hourly employees laid off at 7 nursing homes closed after Hurricane Ida evacuation
(DBN)

______________

Autos:

Chip shortage puts the brakes on Volkswagen
(DBN)

Europe's top carmakers count mounting cost of chip crunch
(DBN)

Bidding war over a two-year-old minivan? Used car market goes 'bananas' over lack of supply
(DBN)

Hertz sees strong third quarter with new strategic roadmap and reorganization
(DBN)

Hertz: Tesla Order Could Double to 200,000
(DBN)

____________

Entertainment:

Will The Weinstein Co. Buyout Go to Trial?
(DBN)

Randall Emmett filed to decrease child support to avoid bankruptcy
(DBN)

____________

Climate:

EU chief calls for leadership at climate ‘moment of truth’ • UN, US officials urge action to avert climate disaster
(DBN)

‘Everything is at stake’ as world gathers for climate talks
(DBN)

Virginia Beach confronts inescapable costs of rising seas
(DBN)

Arizona Now Ground Zero for West's Water Crisis
(DBN)

What’s at stake at the COP26 climate summit? Here’s a guide to the make-or-break issues
(DBN)

These 4 charts explain why the stakes are so high at the U.N. climate summit
(DBN)

China declines to speed emissions cuts in new UN pledge
(DBN)

Here Are the Goals of the COP26 Climate Change Meetings—and Where the World Stands in Accomplishing Them
(DBN)

U.K. Set to Be First G-20 Member to Force Firms to Reveal Their Climate Risk
(DBN)

G-20 Told to Think in Trillions When It Comes to Climate Aid
(DBN)

Schwarzenegger: 'Nothing is getting done' at U.N. climate summits
(DBN)

Twenty-five U.S. cities on track to surpass Paris climate targets by 2025: report
(DBN)

Biden's proposed reconciliation framework drops clean electricity program, methane fee
(DBN)

Turkey’s Lake Tuz dries up due to climate change, farming
(DBN)

Biden’s new spending framework has $555 billion for clean energy • Record-smashing climate change spending in budget agreement
(DBN)

____________

Education:

High school principal who got lap dances from students under investigation • Photos Show Principal Laughing, Staffers Cheering as Scantily-Clad Students Give Lap Dances During 'Man Pageant'
(DBN)

Garland defends school board memo amid Republican criticism
(DBN)

Fahrenheit 451: Texas lawmaker says 850 books ranging from race to sexuality could cause 'discomfort'
(DBN)

Mom banned as elementary school volunteer after anonymous letter reveals ONLYFANS page
(DBN)

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Pharma:

Biden spending framework leaves out Medicare negotiating drug prices
(DBN)

Sinema reached prescription drug negotiation deal with Biden
(DBN)

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Economy:

Weekly Initial Unemployment Claims Decrease to 281,000
(DBN)

Job Market Ratings Set Record, but Economic Confidence Slides
(DBN)

Millions of Americans Say They’d Quit Their Jobs to Avoid Lifesaving Vaccine • Majority of small business owners back vaccine mandates for employees: poll • Citi Requires Vaccines for All U.S. Workers, Citing Biden Order • COVID-19 Vaccine Now Required for 36% of U.S. Workers • NYPD preparing for potential crush of retirements ahead of vaccine mandate • DeSantis sues Biden administration over contractor vaccine mandate •NYC Bans Days Off for Sanitation Workers Before Vaccine Mandate • First responder unions resist COVID-19 mandates for front line workers • Air Force is first to face troops' rejection of vaccine mandate as thousands avoid shots • Vaccine mandate refusal sidelines 2 dozen Chicago Fire Department personnel; judge hears police union bid to pause shot reporting rule • Nearly 5% of unvaccinated adults quit their job due to opposition over vaccine mandates
(DBN)

Labor shortage, supply constraints and inflation hold back economy
(DBN)

A software engineer spent 8 hours daily applying to entry-level coding jobs for 6 months. She was rejected 357 times before receiving an offer.
(DBN)

The 37-Year-Olds Are Afraid of the 23-Year-Olds Who Work for Them
(DBN)

3 Reasons Why Sign-On Bonuses Aren't Solving The Labor Shortage
(DBN)

You Can't Pay Your Bills on $12 an Hour
(DBN)

BEA: Real GDP increased at 2.0% Annualized Rate in Q3 • U.S. economy slowed to a 2% rate last quarter in face of Covid • US economy slows in third quarter as spending and business investment growth sag
(DBN)

Are we measuring the economy all wrong?
(DBN)

House Republicans Call for Yellen to Testify on IMF Scandal
(DBN)

Soaring U.S. business starts in pandemic show new normal evolving
(DBN)

Companies are still loading up on equipment
(DBN)

Delta variant hampers U.S. growth in third quarter; labor market strengthening
(DBN)

"Inflation, inflation, inflation" still seen as temporary, Lagarde says
(DBN)

3 reasons why inflation will still cool down - even through it's surged for longer than expected
(DBN)

The market is starting to price in more rate hikes than the Fed is indicating
(DBN)

Caterpillar may hike prices further, experiencing production delays
(DBN)

How to reimagine the office when the workforce wants to stay remote
(DBN)

What’s so big about the G20 besides economies? • G20 leaders to tackle energy prices, other economic woes • The G-20 becomes the showpiece for a dysfunctional global order
(DBN)

Biden says presidency "will be determined" by outcome of spending plans • Biden lays out $1.75 trillion "framework" before Europe departure • Biden visits Capitol to sell dramatically shrunken $1.75 trillion policy package • Biden urges fractious Dems to unite around $1.75T megabill • What's in and what's out of the Biden framework • Many campaign promises fail to make Biden's framework as Democrats begin coming to terms with shrunken agenda • Manchin, Sinema sidestep saying if they support Biden framework • Sanders say White House framework has 'major gaps' • White House framework includes tax increases, leaves out billionaire tax's • Biden announces ‘historic’ deal, asks Democrats for votes • Here are all of Biden's progressive campaign promises that got cut from his $1.75 trillion social-spending package • Billionaire tax out, corporate minimum tax in: Where the White House landed on tax plans • Education, Clean Energy, Housing Make the Cut in Biden Framework • Biden announces ‘historic’ deal — but there’s no action yet • Biden’s $1.75 Trillion Outline Leaves Democrats to Sort Details • Manchin signals he'll support $1.75T price tag for spending plan
(DBN)

61 economists including a Nobel winner call on Congress to pass Biden's social spending framework
(DBN)

Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costs
(DBN)

Treasury Secretary Yellen says it’s fair that wealthy pay more in Biden bill
(DBN)

‘Stupid’ and ‘insane’: Some billionaires vent over tax plan • Elon Musk used government money to build Tesla. But he fears a tax on billionaires
(DBN)

Pelosi vows to bring infrastructure to vote on Thursday • Liberals defy Pelosi, say they'll block infrastructure bill • Progressives win again: No infrastructure vote Thursday
(DBN)

More than 4 in 10 family caregivers may have to choose between jobs and at-home duties, study finds
(DBN)

Middle-class Americans face retirement insecurity, analysis finds
(DBN)

This Is the American Town With the Widest Income Gap
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage rates persist in their ascent, hitting six-month highs
(DBN)

NAR: Pending Home Sales Decreased 2.3% in September • U.S. pending home sales unexpectedly fall in September • Pending home sales fell unexpectedly in September, likely due to higher mortgage rates • Pending home sales decline as some buyers 'momentarily pause' their search
(DBN)

New York City’s Most Expensive Neighborhoods
(DBN)

Housing Will be Unaffordable to Next-Gen
(DBN)

People Can't Afford Homes in This American City
(DBN)

This Is the Big City With the Most Affordable Housing
(DBN)

Trump real-estate empire pays the price for poisonous politics
(DBN)

____________

Municipalities:

Puerto Rico Board Ends Spat That Threatened Restructuring
(DBN)

Puerto Rico Board OKs plan confirmation without mediation
(DBN)

Migration to Smaller Cities to Continue
(DBN)

America’s Largest and Smallest State Economies
(DBN)

____________

Oil/Gas:

Global Food Prices Set To Soar As The Oil And Gas Crunch Continues
(DBN)

Oil executives face Congress on climate disinformation. • Exxon CEO denies spreading disinformation on climate change • Exxon CEO Accused of Lying to Congress • What Big Oil knew about climate change, in its own words • Top Dem says Big Oil put Earth on "brink" of catastrophe
(DBN)

Shell drama: breakup push, profit miss, CO2 target
(DBN)

Global Oil Demand Is Soaring and Refiners Are Reaping the Profit
(DBN)

$12,500 electric vehicle incentive survives Biden’s updated ‘Build Back Better’ proposal
(DBN)

____________

Movie Theaters:

Imax Says Strongest Quarter Since Pandemic Reflects “Significant Turning Point In Global Box Office”
(DBN)

____________

Fraud

Richard Burr under insider trading investigation by SEC • Sen. Burr, Brother in Law Secretly Sold Stock
(DBN)

____________

Musical Instruments:

The COVID-19 pandemic saved Guitar Center from bankruptcy
(DBN)

____________

Student Debt:

Big Changes To Student Loan Bankruptcy Rules May Be Coming — But Questions Remain
(DBN)

____________

Retailing:

Amazon, Apple warn supply-chain woes, labor shortage could hamper holiday season
(DBN)

Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance
(DBN)

____________

Corporate Reform:

Consumer bureau chief goes after the heavyweights
(DBN)

____________

Politics:

Biden is getting dragged in the polls. That hasn’t stopped Dems from sticking by him.
(DBN)

Biden's Foreign Policy Looks Like Trump's
(DBN)

Manchin, Sinema put stamp on party, to progressive chagrin
(DBN)

Illinois Dems embrace gerrymandering in fight for US House
(DBN)

Wall Street Journal on Trump's Letter: It Was Bananas • The 14 things you need to know about Trump’s letter in the Wall Street Journal • Why would The Wall Street Journal run these false claims from Trump?
(DBN)

Brad Raffensperger Says GOP Lawmakers Lack ‘Moral Courage’ On The Big Lie
(DBN)

Tx, Secretary of State: Election Wasn't Stolen
(DBN)

Biden, Dems get low marks on spending talks: AP-NORC poll
(DBN)

Clyburn: Divisions threaten Democrats' majorities in House, Senate
(DBN)

GOP voters are a ‘tinderbox’ that Republican leaders are enflaming with violent rhetoric: analysis
(DBN)

Democrats backed a commission to draw fair House lines in Colorado. Now they worry they gave up their power.
(DBN)

Sen. Tom Cotton Warms Up For Headlining At Sold-Out FedSoc Convention Dinner By Ripping Into AG Merrick Garland
(DBN)

The Donald Has To Go To The California If He Wants His Twitter Back
(DBN)

Ted Cruz Holds Up Dozens of Ambassadors
(DBN)

____________

 
New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (3 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Standing:

Recent Decision on Derivative Standing by a Creditors’ Committee to Challenge a Lender’s Liens
(DBN)

____________

Small Business:

Senior Care Centers Cases Illustrate Fine Line Between Complex and Small Business Cases
(DBN)

____________

Lien Avoidance:

Avoiding Liens On Residence: Homestead Exemption vs. Preserving For Estate vs. Tax Lien (Hutchinson v. Salven)
(DBN)

____________

Ch. 12:

Reorganizing a Farm Business With Chapter 12 of the Bankruptcy Code: A Brief Guide
(DBN)

____________

Credit Bidding:

Credit Bidding: A Sword and a Shield
(DBN)

____________

Aviation:

Flight attendant suffers broken bones in 'one of the worst displays of unruly behavior' in the skies
(DBN)

American Airlines' new plan for net-zero emissions
(DBN)

Man who lived at Chicago airport for months acquitted of trespassing charge
(DBN)

Mastercard sees recovery in travel-related spending as earnings beat expectations
(DBN)

U.K. to Remove All Seven Countries From Its Covid Red List
(DBN)

PAL says Pasay court recognizes US Chapter 11 filing
(DBN)

____________

Sports:

NAACP calls on pro athletes to avoid signing with teams in Texas
(DBN)

China plans to let vaccinated athletes skip quarantine at the Winter Olympics.
(DBN)

Evander Kane assault accuser asks bankruptcy court to allow her case to proceed
(DBN)

Amid scandal, Quenneville resigns as Florida Panthers coach
(DBN)

Favre Repays $600K, Still Owes the Interest
(DBN)

____________

Crypto:

Warren Says CFPB Should Crack Down on Cryptocurrency Abuses
(DBN)

____________

Tech:

Trump attacked Mark Zuckerberg in an angry statement, saying $400 million he donated to help local election offices makes him a ‘criminal’ – Yahoo News
(DBN)

Facebook told its employees to preserve all internal messages and documents since 2016 as it faces public backlash and government investigations
(DBN)

'Increasingly gaslit': See the messages concerned Facebook employees wrote as they left the company
(DBN)

In the middle of a crisis, Facebook Inc. renames itself Meta
(DBN)

____________

Coal:

G-20 Leaders Plan to Stop Funding Offshore Coal, Draft Statement says
(DBN)

____________

Food/Beverage:

Filings show Sweetgreen isn't profitable, despite claims
(DBN)

This year's Thanksgiving is shaping up to be the most expensive ever
(DBN)

____________

Personal Finance:

Sen. Peters: Legislation needed to address financial illiteracy
(DBN)

___________

Hotels:

New owners plan November 9 update on shuttered Fontainebleau
(DBN)

____________

Mass Torts:

Bankruptcy Administrator Seeks Formation of J&J Talc Claimant Committee
(DBN)

____________

Religion:

New Orleans archdiocese settling whistleblower suit for $1M
(DBN)

Biden, pope to talk virus, climate, poverty at Vatican
(DBN)

In U.S., Far More Support Than Oppose Separation of Church and State
(DBN)

____________

Healthcare:

CHS sees profit rise, faces lawsuit over Quorum bankruptcy
(DBN)

Global Covid Cases and Deaths Rise Again
(DBN)

How Covid Is Killing People Who Don’t Even Have the Virus
(DBN)

30,000 people gather for a climate summit in a pandemic. What could go wrong?
(DBN)

Medicaid issues, not Medicare’s, get fixes in Biden budget
(DBN)

Vaccinated People Also Spread the Delta Variant, Yearlong Study Shows
(DBN)

Some parents were eager to get the coronavirus vaccine. Now they are wavering on vaccinating their kids.
(DBN)

Tens of millions of J&J COVID-19 shots sit at Baltimore factory - sources
(DBN)

Biden reconciliation framework includes Medicaid workaround, no Medicare dental or vision benefits
(DBN)

WHO is now closely tracking a delta subvariant found in 42 countries to see if it's more transmissible
(DBN)

The repeated claim that Fauci lied to Congress about 'gain-of-function' research
(DBN)

____________

UK:

UK decries France’s seizure of fishing boat as post-Brexit row deepens
(DBN)

____________

EU:

ECB holds policy unchanged, keeping stimulus taps wide open
(DBN)

EU braces for steel quotas to end trade war with Biden
(DBN)

Vaccine reluctance in Eastern Europe brings high COVID cost
(DBN)

Covid caused 'big losses' for gender equality in Europe, new index says
(DBN)

Poland is fined nearly $1.2M per day in battle with EU over judicial independence
(DBN)

____________

Canada:

Moncton-based produce retailer declares insolvency, creditors owed more than $3M
(DBN)

____________

Japan:

Global supply constraints deal heavy blow to Japanese firms
(DBN)

Japan keeps tourism freeze despite plunge in virus cases
(DBN)

____________

MENA:

Four U.S. Intelligence Agencies Produced Extensive Reports on Afghanistan, but All Failed to Predict Kabul’s Rapid Collapse
(WSJ)

Why thousands of Afghans are still on US military bases • Republicans say steps in vetting process skipped, delayed for Afghan evacuees
(DBN)

Israel settlements: European countries call for expansion halt
(DBN)

____________

Germany:

Hospitals reach 'critical pandemic moment'
(DBN)

____________

Italy:

Absolute Jewel Of A Bank Worth About As Much As A Rhinestone
(DBN)

Italian LGBTQ+ hate crime bill defeated
(DBN)

____________

Russia:

The head of the Council of Judges warned Russians about massive bankruptcies
(DBN)

Unvaccinated Russians Plan to Stay That Way
(DBN)

____________

China:

In China, 300 coronavirus cases means public shaming, marooned travelers and a nationwide dragnet
(DBN)

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