October 5, 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:

Top 10 Biglaw Firm Plans To Fully Reopen Its U.S. Offices In November
(DBN)

Top 20 Biglaw Firm To Launch Partial Reopening In November, Full Reopening In January 2022
(DBN)

New York and Washington, D.C. Restructuring Partner, Anthony Grossi, Joins Sidley
(DBN)

The Real Threat To Biglaw's Business Model
(DBN)

9% Of The Way Through The Fall 2022 Law School Admissions Cycle: Applicants Are Up 11.5%, With Biggest Increase (21.6%) Among The 150-159 LSAT Band
(DBN)

How a high-powered lawyer became a TikTok superstar: Meet the Korean Vegan
(DBN)

Midwest Law Firms Climb Mid-Market Ranks Amid Turbulent Times
(DBN)

Health Insurers Appeal ‘Too High’ $185 Million Quinn Emanuel Fee
(DBN)

Vault, Home To Law Firm Prestige Rankings, Becomes 'Firsthand' Subsite, Which Says Job Seekers Don't Care About Prestige
(DBN)

Cease & Desist Letters Are RICO And Other Complete Nonsense Alan Dershowitz Is Peddling Now
(DBN)

Texas Parole Board Recommends Clemency for George Floyd’s 2004 Drug Conviction; Final Decision Rests with Gov. Abbott
(DBN)

Jan. 6 panel braces for collision with Trump Judge slams claims that Jan. 6 rioters are treated unfairly A mother and son helped steal a laptop from Pelosi's office on Jan. 6, feds say. They have now been charged Jan. 6 Capitol Attacker Known as #FloridaFlagJacket Pleads Guilty to Being on 'Front Line', Spraying Police with Fire Extinguisher Judge sentences Jan. 6 rioter to 45 days in jail for misdemeanor to deter others: 'The country is watching.' Jan. 6 rioters exploited little-known Capitol weak spots: A handful of unreinforced windows
(DBN)

Giuliani Ally Parnas Says He’s Broke on Eve of Criminal Trial
(DBN)

Group files complaint with California bar association against John Eastman, lawyer who advised Trump on election challenges
(DBN)

Lawyers for 'Apprentice' Contestant Summer Zervos and Donald Trump Expected to Have Deposition Showdown Before Christmas Following First Hearing of His Post-Presidency
(DBN)

Sidney Powell is on Donald Trump's 'no-go list,' report says. Lawyer unwelcome at his properties and his advisers won't put through her calls.
(DBN)

Trump Throws Courthouse Tantrum, Demands Judge Reinstate His Twitter Account
(DBN)

How Queen Elizabeth II is Caught Up in the Pandora Papers The 'Pandora Papers' investigation has linked the Met museum and the British Museum with suspected looted Cambodian antiquities Czech police promise to 'act upon' Pandora Papers, as revelations about prime minister become campaign topic South Dakota now rivals offshore tax havens for financial secrecy, Pandora Papers say Foreign money secretly floods U.S. tax havens. Some of it is tainted Rogue Americans stashed assets offshore, eluding victims and impeding investigators Billions hidden beyond reach The Pandora Papers' political fallout grows Pandora Papers: Anil Ambani, who declared bankruptcy in UK, is rich otherwise Pandora papers: tax avoidance revelations prompt outraged denials ‘Pandora papers’ show London is a key hub for tax avoidance
(DBN)

How America’s biggest law firm drives global wealth into tax havens
(DBN)

Supreme Court remands border wall challenge following 'changed circumstances' under Biden
(DBN)

Law schools pressured to cut ties with research firms over ICE, CBP
(DBN)

Supreme Court declines to hear 'qualified immunity' suit over police shooting Justice Sotomayor Pens Lone Dissent in Qualified Immunity Case Where Trooper Shot and Killed Man Who 'Never Threatened' Him
(DBN)

Infowars host who called Sandy Hook shooting a ‘giant hoax’ loses suits because of discovery abuse
(DBN)

Distraught Mother Chooses To Not Respond Like An Adult After Seeing Her Son's Hair
(DBN)

'A Sadistic Monster With No Heart': Texas Man Gets Two Life Sentences For Crashing Propane Tank-Filled Truck into RV with Pregnant Ex Inside
(DBN)

Oregon Man Fatally Shot Another Man Outside of Nightclub for Complimenting His Girlfriend, Police Say
(DBN)

Police: Former NASCAR driver John Wes Townley shot after altercation with hatchet
(DBN)

Florida Man Made 17-Year-Old Girl Sign Contract to Be Sex Slave 'Twice a Week on Mondays and Fridays': Deputies
(DBN)

Michigan shooting range temporarily closes after bullets hit neighboring home
(DBN)

Texas gun law has big banks backing away from Texas bond deals
(DBN)

Imprisoned hip-hop producer, convicted pimp Mally Mall files for bankruptcy; victim asks musicians to speak up
(DBN)

Senior legal adviser at State Dept. calls administration policy toward expelling migrants 'inhumane' and 'illegal'
(DBN)

After Pastor Evicts Nearly 200 Migrants, His Brother Welcomes Them All
(DBN)

Inside a Wisconsin Army Base Where Nearly 13,000 Afghans Await an Uncertain Future Most people in US favor Afghan ally refugees: AP-NORC poll
(DBN)

Refugee admissions hit record low, despite Biden’s reversal
(DBN)

Brooklyn federal jail guard who repeatedly raped inmate begs for no-prison sentence
(DBN)

Original ‘Law & Order’ is set to return with new episodes
(DBN)

______________

Judges:

Reappointment of the Hon. Scott W. Dales
(DBN)

BK CD IL: Bankruptcy Bits & Pieces Newsletter
(DBN)

Abortion, religion, gun rights on agenda as Supreme Court starts new term 9 high-stakes issues SCOTUS will take up this term Five issues to watch as new Supreme Court term unfolds Fate of abortion access looms over new Supreme Court term
(DBN)

Justice Breyer Calls for Court to Review Death Penalty Jurisprudence as Oldest Man on Texas Death Row Fails to Have His Case Heard
(DBN)

Justice Alito's heresy
(DBN)

The Supreme Court takes the bench after long absence, but things have changed
(DBN)

Supreme Court Returns With Skeletal Audience, Piped-in Questions Supreme Court starts term with first in-person arguments since Covid pandemic began After 19 months, eight justices return to the courtroom In-person arguments come out of storage What’s old is new again: Justices back at court for new term
(DBN)

Clarence Thomas Speaks First In Supreme Court's First In-Person Session Since COVID Began Clarence Thomas comes out fast with questions in new Supreme Court in-person argument format
(DBN)

The Supreme Court's partisanship is becoming increasingly difficult to deny
(DBN)

On eve of huge Supreme Court term, a prayer from on high
(DBN)

______________

Wall Street:

Stock futures point to rebound from Monday’s slide, tech stocks bounce
(DBN)

Dow falls 320 points to start the week, Nasdaq drops 2% amid tech rout
(DBN)

Most American investors now expect the stock market to crash as COVID and inflation worries end a summer of optimism, says Allianz survey
(DBN)

Goldman Sachs workers raging over COVID vax rules are fuming over CEO's DJ gig
(DBN)

______________

Media:

The OZY Media rollercoaster continues Ozy Media CEO says his scandal-ridden company will reopen, doesn’t explain how
(DBN)

____________

Education:

NYC COVID vaccine mandate takes effect for school employees NYC Says 95% of School Staff Is Vaccinated Following Mandate Sotomayor refuses to block vaccine mandate for New York City school employees
(DBN)

Red states resist school vaccine mandates
(DBN)

Teachers across America are fleeing in record numbers
(DBN)

Big endowment returns pressure U.S. colleges to boost spending
(DBN)

Garland says authorities will target school board threats
(DBN)

Quarantining kids doesn't stop covid. It just keeps them out of school.
(DBN)

____________

Student Debt:

Judge Revokes Bankrupt Ex-Lawyer’s $220,000 Student Loan Discharge; Lender Chided His Decision To Work As Outdoor Adventure Guide
(DBN)

'Predatory' for-profit colleges must face 'substantial financial consequences' for borrowers' massive student debt, top Democrat says
(DBN)

Final Two Student Loan Fraud Suit Defendants Win Dismissal
(DBN)

Conservatives have a major student loan problem.
(DBN)

Biden Administration Outlines Potentially Sweeping Changes To Student Loan Forgiveness, Repayment Programs
(DBN)

____________

Autos:

Ford’s sales improving but still down by 27.4% in the third quarter
(DBN)

Musk May Face $9 Billion Payout on SolarCity, Funds Say in Court
(DBN)

Black ex-Tesla worker who claimed racial abuse awarded $137M
(DBN)

The rental-car shortage is easing - but could return with the holidays
(DBN)

____________

Taxis:

GM-Backed Cruise Sees Robotaxi Unit Growing Past $50 Billion
(DBN)

____________

Retailing:

Why retail bankruptcies have stopped dead — for now
(DBN)

Retail's pandemic bankruptcy bloodbath is over. But these 20 companies are still at risk.
(DBN)

Behind a Rebound, True Religion Aims to Double Revenues
(DBN)

____________

Mass Torts:

'Can't put a price tag on pain': Boy Scouts sex-abuse settlement offers slammed by critics
(DBN)

A look at the Vermonters in the Boy Scouts 'ineligible volunteer' records
(DBN)

Boy Scout councils to contribute varying amounts to abuse fund
(DBN)

____________

Healthcare:

Vermont hospital eyes post-bankruptcy partnerships
(DBN)

October 4th COVID-19: 56% of Total Population Fully Vaccinated
(DBN)

Frustration, anger and deaths won't convince the unvaccinated
(DBN)

Doctors grow frustrated over COVID-19 denial, misinformation
(DBN)

Rural Alaska at risk as COVID surge swamps faraway hospitals
(DBN)

Study shows Pfizer COVID-19 vaccine effectiveness declines after six months
(DBN)

Lindsey Graham told Republicans they 'ought to think about' getting a coronavirus vaccine. They booed him.
(DBN)

Fauci said people blaming immigrants for the spread of COVID-19 in the US needed to 'face reality'
(DBN)

New York's largest health care provider fires 1,400 unvaccinated workers
(DBN)

A New York healthcare worker who was just fired for refusing the COVID-19 shot says she wouldn't get it even if God said 'you must take this vaccine'
(DBN)

U.S. COVID-19 cases and hospitalizations continue to decline, but experts lament preventable deaths that have pushed toll above 700,000
(DBN)

Merck pill seen as 'huge advance,' raises hope of preventing COVID-19 deaths
(DBN)

Brazil's tragic ivermectin frenzy is a warning to the US, experts say
(DBN)

Fauci: Remarks on Christmas gatherings were 'misinterpreted'
(DBN)

Dr. Gottlieb says ‘nothing is going to stop’ people from gathering for holidays
(DBN)

CDC recommends open windows, fans for indoor holiday gatherings
(DBN)

Number of states with residents facing obesity rises from 9 to 16
(DBN)

Were California county mask mandates effective against delta? Here's what the data says.
(DBN)

Geraldo Rivera calls out 'vaccinated d*** heads who urge the unvaccinated to fight for their freedom'
(DBN)

Families mourn loss of unvaccinated loved ones at Covid-19 memorial
(DBN)

Florida nurse fired after mocking newborn with birth defect online, sharing photo on Instagram
(DBN)

‘Zero Covid’ strategies are being abandoned as the highly infectious delta variant dominates
(DBN)

___________


Economy:

U.S. factory orders gain steam as manufacturing keeps humming
(DBN)

Commodities Index Hits Record as World Rebound Meets Shortages
(DBN)

U.S. jobs aren't coming back quickly, even as millions lose unemployment benefits
(DBN)

With unemployment benefits cut off in many states, Americans returned to work, right?
(DBN)

Real Personal Income: Transfer Payments
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Fed's Bullard: U.S. businesses having no problems raising prices Fed’s Bullard Sees Inflation Risks as Americans Adjust to Prices
(DBN)

The Federal Reserve confronts an almost impossible task
(DBN)

A growing share of U.S. consumers say they're worried about inflation
(DBN)

Supply chain bottlenecks will persist unless one of two things happens, expert explains
(DBN)

Cargo ships anchored near West coast ports could face a 4-week delay to dock, raising further fears over the global supply chain, a report says
(DBN)

The Fed's vice chair made multimillion-dollar stock trades right before Jerome Powell signaled pandemic-driven policy action in 2020
(DBN)

Warren Asks SEC to Investigate Trading by Fed Officials Warren urges SEC to open insider trading probe into Fed Vice Chair Clarida, others Office of Inspector General to review whether Fed officials’ trading activity broke ethics rules or the law Fed says trading activity by top officials under independent review
(DBN)

Diverse boards to pick the next Boston and Dallas Fed bank chiefs
(DBN)

World Bank, IMF face long-term damage after data rigging scandal IMF, World Bank plagued by leadership upsets, scandals IMF Board Is Meeting With Law Firm, Accused Chief on World Bank Scandal
(DBN)

White House calls for 'new course' on China trade ties
(DBN)

Energy costs add to emerging central banks' inflation headache
(DBN)

Biden says he can't guarantee U.S. won't hit debt ceiling
(DBN)

Mitch McConnell accuses Democrats of 'sleepwalking' toward a debt default while he blocks every measure they've tried for raising the debt limit Biden Warns Economy at Risk If GOP Keeps Blocking Debt Limit Biden plots debt ceiling blitz to focus the blame on McConnell Schumer forces debt limit vote to squeeze Republican resistance Democrats want McConnell's GOP to feel debt-ceiling pain Biden warns on failing to lift debt limit: 'A meteor is headed to crash into our economy' Biden torches Mitch McConnell's Senate GOP as 'hypocritical, dangerous, and disgraceful' for blocking US debt limit hike McConnell Tells Biden Republicans Won’t Cooperate on Debt Limit McConnell reactivates his connection to Biden — with a sharp debt warning Biden pushes Congress to raise debt limit this week, urging GOP to ‘just get out of the way’ Biden blasts McConnell, GOP on 'dangerous' debt ceiling gambit McConnell 'respectfully' tells Biden it's time for Democrats to raise debt ceiling Schumer: Congress needs to raise debt ceiling by end of the week America's default won't trigger market chaos — and that's the problem Schumer Says He’ll Try to Advance Debt Ceiling Bill This Week Psaki Rules Out Minting Coin to Resolve U.S. Debt-Limit Dispute
(DBN)

WH: GOP spent like 'drunken sailors' - now must pay
(DBN)

Covid-induced life changes leave millions of Americans worried about money
(DBN)

Democrats aim to pass infrastructure, social spending bills by end of October, Schumer says Sinema slams Democratic leadership on infrastructure vote delay 'It’s not a success': Dems head home after infrastructure stalemate Biden to Discuss ‘Smaller’ Social-Spending Bill With Liberals AOC rips a possible $1 trillion infrastructure bill: 'That's the annual budget for NYC alone, but spread thin for everyone in the US.' Democrats face tough choices on trimming spending package Manchin open to debt hike through reconciliation, rules out nixing filibuster
(DBN)

Google’s plan to cut pay for remote workers who relocate is a bad idea
(DBN)

U.S. will use all steps necessary to defend economic interests against China, top trade official says
(DBN)

Colorado Steps Up Pressure on Unvaccinated State Employees
(DBN)

US unveils guidance for federal vaccine mandate, exemptions
(DBN)

As Governments Stumble, Companies Find a Way to Boost Vaccine Acceptance
(DBN)

FactCheck: “Biden orders dishonorable discharge for 46% of troops who refuse vaccine.”
(DBN)

Americans expect to retire earlier than ever, but nearly 40% of retirees can't afford to take care of themselves for just one year
(DBN)

Few Americans Pay Any Estate Tax
(DBN)

Remote Work Has Vastly Improved the Black Worker Experience
(DBN)

A short history of working hours
(DBN)

Doomsday Clock for U.S. Debt Ticks, With No Congressional Plan
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Black Knight Mortgage Monitor for August: "the longer borrowers remain in forbearance, the higher the post-forbearance non-performance rate"
(DBN)

Housing Inventory Oct 4th Update: Inventory Down 1% Week-over-week, Up 40% from Low in early April
(DBN)

Property Deals Reach Record $108 Billion After Pandemic Plunge
(DBN)

NYC’s Surging Real Estate Market Boosts Coffers With Tax Revenue
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 2.89%"
(DBN)

GSE forbearance rate now at just 1.38%
(DBN)

Shuttered mall heading to bankruptcy auction
(DBN)

Manhattan Homebuyers Send Sales Soaring to Best in Three Decades
(DBN)

Couple Accidentally Buys 'Exorcist' Home
(DBN)

____________

Municipalities:

Puerto Ricans fume as outages threaten health, work, school
(DBN)

____________

Oil/Gas:

U.S. Justice Department probes suspected manipulation of Platts benchmarks
(DBN)

American Oil Drillers Face Sharp Rise In Costs
(DBN)

Oil prices jump to 7-year highs after OPEC+ agrees to stick to gradual production hikes
(DBN)

The Real Reason OPEC+ Refused To Boost Production Further
(DBN)

Surging natural gas prices trigger hundred of millions of dollars in margin calls, report says
(DBN)

Exxon exodus turns floating 'cube' into Internet meme
(DBN)

Goldman Joins Chorus Calling for Higher Oil Demand for Power Use
(DBN)

Global natgas price surge looms for United States this winter
(DBN)

Amplify Energy plummets 51% after it spills 126,000 gallons of oil off coast of California Company suspected in oil spill had dozens of violations Before O.C. oil spill, platform owner faced bankruptcy, history of regulatory problems California Oil Spill Closes Beaches and Renews Call for Drilling Ban Records show slow response to report of California oil spill Did ship's anchor cause California oil spill? Maybe Tens of millions in fines expected in oil spill
(DBN)

Shell Makes First U.K. Solar Investments Amid Power Expansion
(DBN)

Boris Johnson Plans Fossil Fuel-Free U.K. Power Grid by 2035
(DBN)

Will Big Oil Be Sued for Crimes Against Humanity?
(DBN)

The Ship That Became a Bomb
(DBN)

____________

Pharma:

U.S. Supreme Court rejects challenge to New York tax on opioid companies
(DBN)

Walmart, CVS Face Billions in Claims They Fueled Opioid Epidemic
(DBN)

Pharmacy chains failed to prevent opioid misuse, U.S. jury hears Pharmacy chains failed to prevent opioid misuse, U.S. jury hears US pharmacies gave opioids ‘like a vending machine’, court told
(DBN)

____________

Lehman:

Lehman Scraps in Dispute as Deutsche Bank Makes Legal Bid
(DBN)

____________

Gig Economy:

How much should you tip the delivery person during COVID-19? This woman was dragged on Reddit for tipping 10%
(DBN)

____________

Travel:

Birthday vacation to Iceland turns into 10 days quarantined alone in ‘cruddy’ hotel room
(DBN)

____________

Climate:

Democrats sense now or never moment on climate legislation
(DBN)

McDonald's planning net zero emissions by 2050
(DBN)

Study: Urban extreme heat exposure has increased by 200% since the 1980s
(DBN)

Earth is 'dimming' because of climate change, research suggests. Experts say it's 'concerning'
(DBN)

Questions amid Ida’s destruction: Stay? Move? How far?
(DBN)

Growing cities under increased threat from climate change
(DBN)

____________

Sports:

Derby County's future 'hangs in the balance' - taxpayers will have to bail out the club with millions of pounds if it is to survive, insist analysts, as concern mounts for the Rams
(DBN)

____________

Trucking:

Teens Are Being Trained to Drive 18-Wheelers Amid Truck Driver Shortage
(DBN)

____________

Celebs:

Attorneys Are 'Trying To Resolve' $25 Million Lawsuit With Erika Jayne's Legal Team: Source Attorneys Are ‘Actively Talking’ to Erika Jayne’s Legal Team About Settling $25 Million Lawsuit Erika Jayne’s Attorney Slams Investigator For Making $25 Million Lawsuit Settlement Discussion Public
(DBN)

Tom Girardi’s Auction Made 4 Times the Expected Amount, But Still Owes
(DBN)

Mike Postle Still Fighting to Dismiss Bankruptcy Motion
(DBN)

____________

Politics:

Manchin says he's 'never been a liberal in any way, shape, or form' as he calls for $2 trillion in cuts to reconciliation bill Manchin clashes with fellow Democrats over fossil fuel demands
(DBN)

Sinema: Activists' disruption 'unacceptable' and 'not legitimate protest' Biden: 'Not appropriate' for protesters to follow Sinema into bathroom Attacks on Sinema turn increasingly personal ‘Her calculation is off’: Sinema dares the left to take her out
(DBN)

Andrew Yang says he officially left the Democratic Party
(DBN)

Former Trump aide Omarosa, newly freed from her NDA, suggests Trump won't 'be healthy enough' for a 2024 run
(DBN)

Former press secretary: Trump ‘will be about revenge’ if he wins in 2024
(DBN)

Republicans Shout Down Lindsey Graham for Pushing Vaccine
(DBN)

MAGA world raises $2M for jailed marine Stuart Scheller who says Trump is bad for US
(DBN)

Stephanie Grisham says she and other Trump staffers 'got heady with power' and 'didn't think about serving the country' Grisham says it was 'mistake' to work for Trump Stephanie Grisham called Lindsey Graham 'Senator Freeloader' and said he would show up at Mar-a-Lago to 'stuff his face with free food': book
(DBN)

Ken Griffin, GOP Donor in Past, Rules Out Backing a Trump Rerun
(DBN)

Griffin, DeSantis’s Top Donor, Wishes He’d Stay Out of Mask Wars
(DBN)

Limiting Medicare benefits deepens rift among Hill Democrats
(DBN)

Mayor Q: Far-Right Candidate Caught Scrubbing QAnon Ties From Website
(DBN)

French child kidnap plot shows global sway of QAnon style
(DBN)

An 86-year-old Holocaust survivor criticized Joe Rogan for appearing to compare vaccine mandates to Nazi Germany, accusing him of promoting hate
(DBN)

U.S. Army investigating after Confederate flag is raised at barracks in Germany
(DBN)

Anonymous releases data on Texas GOP in latest Epik hack dump
(DBN)

____________

 


New Bankruptcy Opinions
(3 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 (8 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:

September 2021 New Bankruptcy Filings Mixed
(DBN)

Monthly NH bankruptcy filings hit 33-year low in September
(DBN)

HI: State bankruptcies plummet 31% to 15-year low
(DBN)

Bankruptcies trending down in West Virginia, but for how long?
(DBN)

BK ME: Updated Filing Statistics
(DBN)

Wilmington: Bankruptcy Filings Take Dip
(DBN)

______________

Bankruptcy Bonuses:

Pre-bankruptcy payouts under fire from government watchdog
(DBN)

____________

Sovereign Immunity:

Justices Pass on Case Over State Immunity From Bankruptcy Suits
(DBN)

____________

Plan Confirmation:

Bankruptcy Courts Must Independently Assess Plans
(DBN)

____________

Bankruptcy Research:

How bankruptcy bias contributes to the racial wealth gap
(DBN)

____________

Contempt:

Disbarred lawyer who fought Chevron gets prison time for disobeying court orders
(DBN)

____________

Labor:

Corporate Reorganization as Labor Insurance in Bankruptcy
(DBN)

____________

SCOTUS:

Justices Pass on Fight Over Involuntary Bankruptcy Dismissal
(DBN)

Justices Pass on 'Critical' Vendor Fight in Windstream Bankruptcy
(DBN)

Justices Decline Bankrupt Attorney's Challenge to Contempt Fines
(DBN)

Court Declines To Take Up Equitable Mootness Challenge In Puerto Rico Bankruptcy
(DBN)

____________

Aviation:

Delta Air's ticket sales improve, reinstates initial Q3 revenue view
(DBN)

Southwest Airlines: Staff must be vaccinated by Dec. 8 under federal rules
(DBN)

Biden heads to Chicago this week to highlight airlines' vaccination efforts
(DBN)

TSA heads into 20th anniversary with new challenge: Unruly passengers
(DBN)

American Airlines and JetBlue tell staff they must get vaccinated because of Biden's COVID-19 rules. American said unvaccinated staff 'will not be able to work' there.
(DBN)

Selling Australia's second largest airline during a once in 100 year pandemic: how the Virgin sale unfolded
(DBN)

Ireland is a centre of excellence for aviation restructuring
(DBN)

Global airline industry is expected to cut losses in 2022 by 78% to $12 billion
(DBN)

Two airlines see fast flights off bankruptcy lows
(DBN)

Airlines see sharply lower losses in 2022, recovery in sight
(DBN)

Aeromexico shares rise more than 3% following restructuring plan submission Grupo Aeromexico reorganization plan rests on new equity, debt financing
(DBN)

Airline Industry Targets Net-Zero Carbon Emissions by 2050
(DBN)

Nok Air to boost capital as creditors seek to claw back Bt27.3 billion
(DBN)

____________

Tech:

Why this Facebook scandal is different Facebook whistleblower shows 'self-regulation is not working' for social media, White House says
(DBN)

Facebook Shares Suffer Worst Drop This Year as Tech Losses Mount Mark Zuckerberg's net worth is shedding billions Facebook, Instagram, WhatsApp Down Worldwide After DNS Records Vanish; Employees Badges Reportedly Not Working Facebook's Chief Tech Officer offers 'sincere apologies' for global five-hour outage (and counting) across Facebook, Instagram and WhatsApp and blames 'networking issues': Zuckerberg loses $7bn in HOURS as shares nosedive Facebook is suffering its worst outage since 2008 Facebook's very, very bad day: Services go down as stock plunges in wake of whistleblower revelations 'How much?' — Twitter's Jack Dorsey jokes about buying the Facebook domain amid outages
(DBN)

Much of the world relies on WhatsApp. Its outage ground their virtual lives to a halt.
(DBN)

____________

Tax:

SALT-Cap Relief Faces Rollback as Democrats Eye Less Spending
(DBN)

____________

Coal:

Global Energy Crisis Drives U.S. Coal Prices to Two-Year High
(DBN

Global Energy Crisis Draws New Lines in Coal’s Trade Map
(DBN)

____________

Religion:

Catholic clergy in France likely abused more than 200,000 minors, independent commission estimates French report: 330,000 children victims of church sex abuse
(DBN)

Vatican cardinal says Biden should not be denied Communion
(DBN)

____________

Banking:

USPS testing paycheck cashing, which could transform how millions access money and pay bills
(DBN)

____________

Cruise Lines:

Carnival Plans Loan Sale to Refinance Costly Pandemic Bonds
(DBN)

‘No mask, no mas’: Miami Carnival returns with joy, music — and new COVID-19 rules
(DBN)

____________

Non-Profits:

New York AG blasts NRA's decision to reelect its embattled leader: 'The rot runs deep'
(DBN)

____________

Fraud:

SEC Charges Rogue Trader Who Bankrupted His Firm
(DBN)

John Rigas, cable television magnate behind Adelphia who went to prison for fraud, dies at 96
(DBN)

____________

Telecoms:

Frontier Communications Returns to Junk Market After Bankruptcy
(DBN)

____________

UK:

Landlords urge chancellor to end ‘routine abuse’ of insolvency regime by retailers
(DBN)

Changing bankruptcy law has given firms time to adapt and recover
(DBN)

Boris Johnson’s Government Says U.K. Supply Crunch Is Good for Wages
(DBN)

City of London Faces Brexit Talent Drain, says JPMorgan EMEA CEO
(DBN)

UK's Melrose hit by canceled orders as carmakers battle chip crisis
(DBN)

As ruling UK Conservatives meet, businesses clamor for help
(DBN)

UK not heading into 1970s-style inflation spiral, Johnson says
(DBN)

____________

EU:

Global Shocks Put Swift Euro-Area Economy Rebound at Risk
(DBN)

____________

Canada:

Toronto restaurants owned by celeb chef Mark McEwan file for creditor protection
(DBN)

No “Stranger” to the Proceeding: CCAA Court Reaffirms Single Proceeding Model
(DBN)

____________

China:

Chinese developer Fantasia misses repayment deadline
(DBN)

China property sector woes deepen as markets await Evergrande deal
(DBN)

Evergrande dominoes spawn with 206 million new holes in Chinese real estate
(DBN)

China Evergrande to raise $5 billion from property unit sale - Global Times
(DBN)

Trading of China’s Evergrande shares suspended
(DBN)

Chinese developer misses bond payment as stress spreads beyond Evergrande crisis
(DBN)

Chinese property developers' ability to repay debt hits decade low
(DBN)

Fitch Downgrades Sinic's IDR to 'C'
(DBN)

The End of a ‘Gilded Age’: China Is Bringing Business to Heel
(DBN)

____________

Australia:

Will debtor in possession be the future of insolvency?
(DBN)

You want to own it? You should loan it!
(DBN)

Australia and New Zealand inch closer to fully reopening their economies.
(DBN)

Australia won’t welcome foreign tourists until at least 2022
(DBN)

____________

New Zealand:

New Zealand phasing out COVID-19 elimination strategy New Zealand's Jacinda Ardern admits nation can't get rid of coronavirus New Zealand will phase out its zero-covid strategy
(DBN)

____________

MENA:

Across Kabul, evidence of Afghanistan's fast-unraveling economy under the Taliban is everywhere Kabul faces blackouts because the Taliban stopped paying foreign companies that generate most of Afghanistan's electricity
(DBN)

____________

Japan:

Japan new PM to seek fresh mandate to handle virus, economy
(DBN)

____________

China:

China on brink of property crisis as Evergrande shares suspended
(DBN)

China Continues Taiwan Flybys With Another Record 52 Warplanes
(DBN)

____________

India:

Micro-Consultative Mode in Liquidation: Will Liquidations Become More Efficient?
(DBN)

Expect more bankruptcy-led M&A in India after DHFL acquisition: Chairman
(DBN)

Energy Crisis Deepens in India as Power Plants Face Outages
(DBN)

____________

Russia:

Russia hits record number of daily COVID-19 deaths
(DBN)

____________

Vietnam:

10,000 businesses a month close their doors permanently in 2021
(DBN)

____________

Romania:

Vaccine Laggard Romania Running Out of ICU Beds as Cases Peak
(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