October 6, 2021

The Daily Bankruptcy News

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Law:

World’s Wealthiest Law Firm Announces Colossal Partner Class
(DBN)

Cravath Invites New York And London Employees Back To The Office For 'Soft Return'
(DBN)

Big Law Remote Work Becoming Risky Career Move, Associates Say
(DBN)

Top Biglaw Firm Plans To Bring Associates Back To The Office 1-2 Days Per Week, Starting In November
(DBN)

Britney's Lawyer Developing Bizarre Cult Following
(DBN)

Disbarred lawyer with 'crippling' gambling problem admits stealing nearly $2 million in Philadelphia Eagles' seat-license scam
(DBN)

Litigants claiming GEICO auto policy covers STD from car sex can’t proceed anonymously, judge rules
(DBN)

Woman Who Says Prosecutor Helped Cover Up Rape Has Suit Blocked
(DBN)

How Biglaw Stacks Up Against China
(DBN)

Students At 20+ Law Schools Demand Cancellation Of Contracts With Lexis-Nexis And Westlaw In Immigration Protest
(DBN)

31% Of July 2021 Online CA Bar Takers Had Tech Issues; February 2022 CA Bar To Be In-Person
(DBN)

Biglaw Associate Charged With Murdering Mom
(DBN)

Justice Goes Past Biden Deadline for Access to Justice Plan
(DBN)

Meet the Quirky Plaintiffs Suing Under the Texas Heartbeat Act
(DBN)

'I Don't Know if My Parents Are Involved:' Brian Laundrie's Sister Speaks to Protesters, ABC News Brian Laundrie's Parents Reportedly Adjust Timeline of Son's Disappearance After Being Pressed by Feds
(DBN)

After Complaining About Judge and His Attorneys, Man Enters Last-Minute Guilty Plea to Killing Prominent Attorney
(DBN)

DOJ reviewing decision not to charge FBI agents in Nassar investigation Justice Department Reviews Decision Not to Prosecute FBI Agents who Mishandled Larry Nassar Investigation: New Information 'Has Come to Light'
(DBN)

Mike Pence says the focus on Jan. 6 is an attempt to 'demean' Trump supporters Trump Aides to Defy Capitol Subpoenas
(DBN)

Mexico's drug cartels target migrants as they expand into extortion
(DBN)

Countries with highest number of politicians named in the Pandora Papers Leaked records open a 'Pandora' box of financial secrets Pandora papers: How leaders are responding Global hunt for looted treasures leads to offshore trusts Pandora Papers: An offshore data tsunami The Pandora Papers Reveal How the Super-Rich Shaft the Rest of Us ‘Pandora Papers’ bring renewed calls for tax haven scrutiny Pandora Papers: As BHS teetered, how Sir Philip and Lady Green went on a property spree 'Incredibly easy': Pandora papers reveal simplicity in taking advantage of tax havens Responses from museums to Pandora Papers antiquities investigation Sentenced ‘Bitcoin czar’ named among Pandora Papers EU tax haven blacklist trim ‘grotesque’ after Pandora papers, say critics Pandora papers: what has been revealed so far? Pandora Papers: The secret owners of UK property worth billions A Look at the Lavish Real Estate Revealed in the Pandora Papers The Pandora Papers PR war
(DBN)

Pandora Papers put South Dakota in unsavory company. Here's why The United States of Dirty Money How South Dakota became a global tax haven
(DBN)

Baker McKenzie is ‘architect and pillar’ of offshore system that hides wealth, Pandora Papers report says Law Firm at Center of Pandora Helped Global Rich Hide Money
(DBN)

Criminal inquiry into Trump’s Georgia election interference gathers steam
(DBN)

Trumpland Lawyers Face Bar Complaints After Engaging In Some Light Coup-ing
(DBN)

Ex-Rudy Giuliani Associate Lev Parnas Pleads Not Guilty to Third Superseding Indictment as Trial Looms
(DBN)

Former Trump State Department Employee Violated the Terms of His Pre-Trial Release by Getting 'Drunk' at His Mother's House, Government Says
(DBN)

Capitol rioter breaks down in tears as he pleads guilty to felony assault on law enforcement
(DBN)

Matt Gaetz 'Wingman' Joel Greenberg Requests Second Sentencing Delay to Make Way for More Government Cooperation
(DBN)

FBI Searches NYPD Sergeants Union HQ, Union President's Home in Criminal Probe Head of NYPD sergeant union out after FBI raids office, home
(DBN)

DOJ to investigate threats against teachers, school board members nationwide
(DBN)

DC Bulldozed a Homeless Person’s Tent While They Were Still Inside
(DBN)

Nebraska Father Charged with First-Degree Murder for Allegedly Smothering His Young Kids to Death
(DBN)

Elizabeth Warren's ransomware bill would require cryptocurrency disclosures from victims
(DBN)

Qualified immunity doesn’t protect officer who killed man threatening only himself, Sotomayor says
(DBN)

'We're Going to Hunt': Bodycam Footage Shows Minneapolis Cops Describe Being 'Out Hunting,' Linking 'Looting' with Race During George Floyd Protests
(DBN)

California Man Sentenced to Three Centuries Behind Bars — Plus Multiple Life Terms — for Molesting Girls His Girlfriend Babysat
(DBN)

Tennessee Man Charged with Murdering Mother, Sister, and Brother — Then Attempting to Murder Fourth Relative
(DBN)

Government Secretly Orders Google To Identify Anyone Who Searched A Sexual Assault Victim’s Name, Address And Telephone Number
(DBN)

Millennial mobsters are becoming the Mafia's downfall
(DBN)

Missouri executes man with intellectual disabilities
(DBN)

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Judges:

1 in 3 Americans say they’re open to abolishing or limiting the Supreme Court
(DBN)

Law School Student Famous For Saying ‘I HATE BLACK PEOPLE’ Now Has Prestigious Federal Clerkship
(DBN)

'Suspicious Vehicle' In Front Of Supreme Court; Suspect Is In Custody 'Time for Talking Is Done': Michigan Man Allegedly Made Cryptic Remark Before Being Extracted from SUV and Arrested Outside Supreme Court
(DBN)

6 Questions For A Legendary Former SDNY Judge (Part I)
(DBN)

U.S. Senate confirms only 6th Native American ever to federal bench
(DBN)

Women Make Gains But Still Trail Men at Supreme Court Lectern
(DBN)

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Wall Street:

Dow futures drop more than 300 points as choppy October continues
(DBN)

Global stocks drop as energy crunch pushes bond yields to four-month highs
(DBN)

Stocks rebound broadly on Tuesday, Dow rallies 300 points
(DBN)

Elliott Co-CEO Says Rising Rates Threaten Stock Rally
(DBN)

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Retailing:

I’m a retail employee who’s been cursed at, yelled at, and blamed for things I can’t control. I expected it.
(DBN)

'We're going to see a lot of bare shelves': Retail preps for a holiday beset by supply chain pain
(DBN)

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Crypto:

Hedge fund billionaire Ken Griffin slams crypto as a 'jihadist call' against the dollar - and says regulation will oust those looking to make a quick buck
(DBN)

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Religion:

'Astonishing Numbers': French Report Estimates 330,000 Victims of Childhood Sexual Abuse within Country's Catholic Church Pope expresses ‘shame’ at scale of clergy abuse in France
(DBN)

Nuns Raped Girls With Crucifixes as Female Pedophilia Was Covered Up by the Church
(DBN)

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Healthcare:

October 5th COVID-19: 7-Day Average Cases Falls Below 100K, Lowest since August 3rd
(DBN)

WHO says unvaccinated people are ‘dying unnecessarily’ as hospitals fill
(DBN)

COVID spike pushes Alaska’s health care system to brink
(DBN)

Arizona can't use COVID aid for anti-mask education grants, Treasury says
(DBN)

Convalescent plasma 'futile' in treating severe COVID-19 cases: research
(DBN)

Positive news on COVID-19 vaccines and treatments in the U.S. weighs against Russia's latest record one-day death toll
(DBN)

As Obesity Takes A Greater Toll In COVID Deaths, Health Officials Are Quiet
(DBN)

COVID nearly doubled self-reported anxiety symptoms
(DBN)

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Economy:

Understanding corporate America’s debt binge
(DBN)

Biden backs Powell amid Warren criticism
(DBN)

U.S. services activity inches forward; trade deficit jumps to record high U.S. service sector activity inches up in September; shortages persist - ISM survey
(DBN)

IMF sees global GDP in 2021 slightly below prior forecast of 6%
(DBN)

IMF trims 2021 GDP forecast, citing 'vaccine divide,' inflation
(DBN)

Global economic recovery remains on track despite Delta variant and supply chain problems
(DBN)

Sen. Warner: U.S. must "rethink" how it invests in human capital
(DBN)

Cops, Waiters, Bankers Are Among U.S. Jobs With High Quit Rates
(DBN)

Once shunned, people convicted of felonies find more employers open to hiring them
(DBN)

Billionaires are richer - and stingier - than ever
(DBN)

Fed's Evans: High Inflation to Fall as Supply Bottlenecks Addressed Fed’s Evans sees inflation falling below 2% target after current rise subsides
(DBN)

Smaller Products, Rising Prices: Shrinkflation Hitting Grocery Store Shelves
(DBN)

Economists see growing chance of earlier Fed rate hike
(DBN)

Fed trading controversy shows Powell has "failed as a leader": Warren Warren turns up the heat on Fed's Powell, saying he's failed as a leader in his response to insider-trading scandal
(DBN)

Yellen warns debt ceiling breach could trigger recession GOP's latest tantrum is frustrating other senators: 'They're just stamping their feet and saying no' Schumer warns October recess in jeopardy over debt limit fight GOP’s debt limit challenge: Don't be 'a complete a--hole' Biden: "Real possibility" Dems may change rules to raise debt ceiling Mitch McConnell's debt ceiling politics show how 'one party has gone crazy,' Senate Democrat says
(DBN)

Congress faces 3 major economic deadlines by year-end
(DBN)

Trillion-dollar platinum coin could be minted at the last minute Yellen says debt ceiling hike 'utterly essential', opposes platinum coin 'gimmick'
(DBN)

Sen. Manchin says he's not ruling out social-spending plan above $1.5 trillion Manchin opens door to deal in range of $1.9T to $2.2T In budget turning point, Biden conceding smaller price tag Dems edge toward pared-down spending plan to boost support
(DBN)

U.S. Chamber says it supports standalone BIF, rejects reconciliation
(DBN)

Global tax deal drops 'at least" from proposed minimum of 15%
(DBN)

Meet the 15 youngest billionaires in America
(DBN)

Rising Share of U.S. Adults Are Living Without a Spouse or Partner
(DBN)

U.S. Trade Deficit Widens to New Record August As Imports Rebound
(DBN)

JPMorgan says it's banning business travel for unvaccinated staff and will soon deduct extra pay for COVID-19 tests and health insurance: report JPMorgan will no longer hire unvaccinated employees for client-facing roles
(DBN)

Mondelez Moves to Require Vaccines for U.S. Office Workers
(DBN)

Dozens of Fox News employees in the Washington bureau apparently refuse vaccination, preferring daily nasal swabs.
(DBN)

Vaccine mandate for NYC educators survives court challenge
(DBN)

Kaiser Permanente suspends 2,200 employees who have not yet gotten the COVID-19 vaccine - less than 2% of its workforce
(DBN)

The American economy punishes single people. The nearly 40% of young adults who aren't in couples make less money than their peers.
(DBN)

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home prices are soaring at the fastest pace in 45 years - but there's good news for homebuyers
(DBN)

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

Update: Framing Lumber Prices Up Year-over-year
(DBN)

A former Beverly Hills mayor is so committed to keeping home prices high that he said the freedom to block dense housing deserves to be protected like gay marriage
(DBN)

The days of cheaper rentals are over
(DBN)

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Municipalities:

Puerto Rico Board objects to request for voting extension
(DBN)

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Oil/Gas:

What's behind the rising energy prices Why energy is more expensive
(DBN)

Oil prices could hit an ‘off the charts spike,’ says strategist
(DBN)

Camber Energy stock loses half its value on heavy volume, to extend the selloff from a 2-year high Camber Energy plummets 63% after short-seller report takes the wind out of latest meme-stock play
(DBN)

California declares state of emergency over oil spill Frantic fight to protect coast as Orange County oil spill spreads south Officials: California oil pipeline split, apparently dragged Evidence suggests ship anchor snagged, dragged oil pipeline Officials knew of California oil spill 12 hours before cleanup began Delay after alarm puts California spill response in question
(DBN)

GM and Ford keep trying to one-up each other with EV investments
(DBN)

Is EU's Energy Crisis a Preview for America?
(DBN)

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Sports:

AAF bankruptcy: Hurricanes owner Tom Dundon claims he, not defunct league’s players, should get millions
(DBN)

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Mass Torts:

Bayer wins its first Roundup jury verdict in case of child's cancer
(DBN)

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Hotels:

Big Hotel Brands Bet on All-Inclusive Resorts to Counter Covid-19 Slump
(WSJ)

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Building Products:

Muni-Backed Rice Fiberboard Project Files for Bankruptcy CalPlant, Bondholders Implement Value-Maximizing Sales Process by Key Restructuring
(DBN)

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Agribusiness:

Family farms are struggling with two hidden challenges: health insurance and child care
(DBN)

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Politics:

Trump left off Forbes 400 list for first time in 25 years
(DBN)

Melania Trump refused to meet Rep. Steve Scalise at the White House after he was shot because she 'already said hello' at the hospital: book
(DBN)

Stephanie Grisham admits she was lying at Trump's request when she called Gen. John Kelly 'totally unequipped' for Trump's 'genius' ‘I Do’: Stephanie Grisham Straight-Up Confesses Her Enabling Trump Cost Lives During Covid Grisham: Jared Kushner, Ivanka Trump saw themselves as 'shadow president and first lady' Trump often said 'insane things' to foreign leaders: Grisham Stephanie Grisham claims Trump and Melania 'didn't seem to care' about her 'abusive' relationship with Max Miller and were 'totally unfazed' when she said he 'got physical' with her Trump's former press secretary says she didn't vote for him in 2020
(DBN)

British officials kept putting off Trump's UK visit and would 'pretend not to understand' when he brought it up, book says
(DBN)

Reddit's Herman Cain Covid 'award' is a depressing sign of our times
(DBN)

Party Favorable Ratings Near Parity; Both Viewed Negatively
(DBN)

92 legal scholars call on Harris to preside over Senate to include immigration in reconciliation
(DBN)

Why Trump wants to tweet
(DBN)

Kerry says Biden not ‘aware’ sub deal with Australia would irk France: report
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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)

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Bankruptcy Statistics:

Business insolvencies to rise in 2022 — in first since pandemic, research shows
(DBN)

First increase in bankruptcy in 2022 since Euler Hermes
(DBN)

Bankruptcies Continue Downward Trend From March Peak
(DBN)

BK AZ: Updated Filing Statistics
(DBN)

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Venue:

Bankruptcy Venue “Reform” – What Are The Odds This Time?
(DBN)

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Subchapter V:

Observations on the Survey of Facilitation by Subchapter V Trustees
(DBN)

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LLCs:

The Exciting (or Bewildering?) Intersection of Bankruptcy Code Section 365 and the Sale of LLC Membership Interests
(DBN)

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UST:

Notice of Vacancy - US Bankruptcy Administrator, Court of Appeals for the Fourth Circuit
(DBN)

10th Circuit deepens circuit split over bankruptcy fees with hotel ruling
(DBN)

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Aviation:

Unruly airplane behavior on the rise, new FAA data shows
(DBN)

Malaysia's AirAsia Group restructures its huge Airbus plane order
(DBN)

Seychelles appoints Air Seychelles administrators amid debt row
(DBN)

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Tech:

U.S. lawmakers demand Facebook probes as whistleblower testifies children harmed Facebook lost up to $100M in revenue amid sweeping outage: data Senators Should Seek Facebook Documents About 'Problematic Use,' Haugen Says Legislative Proposals Abound in Facebook Hearing But No Clear Path for Lawmakers Whistleblower on Facebook decisions: ‘The buck stops with Mark’ Testimony Builds Momentum for Tougher Tech Laws Senators demand Zuckerberg answer questions after whistleblower’s revelations Steve Bannon claims Facebook whistleblower is 'psyops' conspiracy to destroy MAGA Four big takeaways from a tough hearing for Facebook ‘We care deeply:’ Mark Zuckerberg responds to Facebook whistleblower Facebook's perfect storm
(DBN)

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Autos:

Hertz tabs former Ford Chief Executive Mark Fields as interim CEO
(DBN)

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Fraud:

Ozy Media investor sues the company for fraud
(DBN)

Elizabeth Holmes’s Office Romance With Ramesh Balwani Now on Display in Court Former Theranos lab director says he was under ‘tremendous pressure’
(DBN)

Final arguments expected in 1st U.S. college admissions scandal trial
(DBN)

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Climate:

Are Americans Concerned About Global Warming?
(DBN)

World lost 14% of global corals in single decade, report says
(DBN)

European rainfall record set in Italy after 12-hour deluge
(DBN)

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Food Beverage:

Famous Dave’s Parent Wins the Auction to Buy Buffet Chains
(DBN)

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Education:

North Texas Seeing Massive Shortages In Education: No Teachers, No Subs, No Cafeteria Workers
(DBN)

Here’s how much teachers are paid around the world
(DBN)

'It's embarrassing': Texas principal faces an uproar after scolding Black students for looking like 'Dr. Dre'
(DBN)

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Student Debt:

Federal judge tosses decision erasing law grad’s student debt, says issues should be decided at trial
(DBN)

Big changes are coming to the public service loan forgiveness program
(DBN)

How Did We Get Into the Debt Trap?
(DBN)

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Celebs:

Firm Seeks OK to Pursue Erika Jayne for Lion Air Attorneys’ Fees
(DBN)

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Sovereigns:

Zambia External Debt Much Higher Than Previously Thought, Unsustainable
(DBN)

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UK:

Are UK insolvency practitioners ‘Wild West’ cowboys?
(DBN)

As companies go bankrupt, an increase in energy bill prices may cost all homeowners an extra £120, according to a warning.
(DBN)

Insolvency #Brew: Where Now For Hybrid Claims?
(DBN)

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Canada:

Canada's trade surplus widens in August as imports fall
(DBN)

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Mexico:

Bankruptcies during the third trimester of 2021 in Mexico.
(DBN)

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China:

China's property sector default woes deepen amid Evergrande disquiet
(DBN)

Fantasia downgraded to default status by rating agencies as Chinese property sector crisis worsens
(DBN)

Two Other Chinese Developers In Financial Trouble In Wake Of Evergrande Fallout
(DBN)

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Australia:

Overhaul of insolvency laws unnecessary, Virgin lawyer says
(DBN)

Rescue financing in Australian restructuring: the existing market, and the opportunities ahead
(DBN)

Beware Claw-Back of Contributions to Superannuation Before Bankruptcy
(DBN)

Victorian woman jailed for serious bankruptcy offences
(DBN)

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MENA:

As Lebanese got poorer, politicians stowed wealth abroad
(DBN)

Rural Afghans live with the Taliban and a painful U.S. legacy
(DBN)

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India:

Centre to clip banks' wings amid alert over deep haircuts in insolvency
(DBN)

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New Zealand:

New Zealand Raises Interest Rates
(DBN)

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