October 8, 2021

The Daily Bankruptcy News

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Due to the Columbus Day holiday, The Daily Bankruptcy News will not publish on Monday, October 11, 2021



Law:

Biglaw Firms Need To Show Some 'Humanity' In Their Office Reopening Plans
(DBN)

Law Mom And The Modern Family Do Preschool
(DBN)

Paul Weiss Set to Crack Rare $6 Million Profit Per Partner Mark
(DBN)

Davis Polk raises trainee salary to a whopping £62,500
(DBN)

Judge reprimands Littler Mendelson for ‘baseless legal and factual statements’ in disability bias case
(DBN)

The Biglaw Firms That Strike Fear In The Hearts Of Opposing Counsel (2022)
(DBN)

Avoidance Powers Cannot Be Used to Generate Windfalls For Debtors
(DBN)

Montana law school dean resigns after complaints about the oversight of Title IX allegations Montana Law School Dean, Associate Dean Resign Following Student Walkout Over Mishandling Of Sexual Misconduct Allegations; Provost Temporarily Takes Control
(DBN)

Weil Adds Restructuring Partner Kathleen Aka in Hong Kong
(DBN)

New Orleans DA agrees to oversight to settle suit over fake subpoenas and witness intimidation
(DBN)

Federal District Court Holds Hearing On Controversial Mural Today At Vermont Law School
(DBN)

The Secret Skills Of Super In-House Counsel
(DBN)

Firm ordered to pay £250k after partner's ‘bullish’ Ferrari advice backfires
(DBN)

Quinn's London boss berates critics in LinkedIn mega whinge
(DBN)

11 Reasons Why You Shouldn’t Be Afraid To Start Your Own Law Firm
(DBN)

Top Trump Lawyer Pat Cipollone to Open Washington Office for LA Firm
(DBN)

Pandora Papers prompt lawmakers to push for crackdown on financial 'enablers'
(DBN)

Derek Chauvin ineligible for public defender as he appeals murder conviction, court rules
(DBN)

Robert Lowery, Texas dad found in same forest as Gabby Petito, died by suicide, coroner finds
(DBN)

FBI should be wary of attorney general's directive on school board threats
(DBN)

Traffic stops are a flashpoint for policing in America. Reformers are 'winning big.'
(DBN)

U.S. knew in July thousands of Haitians were prepping for journey to U.S. border, officials say 'People will always come': Inside a Haitian's journey without end
(DBN)

Texas has raised $54M in donations for its border wall. Almost all came from 1 billionaire.
(DBN)

Texas to appeal ruling blocking abortion law Decision blocking Texas abortion law 'not the final word,' says bill's sponsor
(DBN)

Judge's ruling on Texas abortion ban a warning to copycats, for now
(DBN)

Federal judge who blocked Texas abortion law cites these reasons for US standing to sue
(DBN)

Texas Abortion Providers Face ‘Cruel’ Risks Even With Law on Hold Texas abortion provider resumes services after judge blocks near-total ban
(DBN)

EU Rebukes Texas Over Strict Abortion Law in Rare Slap at U.S.
(DBN)

House Committee Probing Capitol Riot Expands Investigation Jan. 6 Committee Subpoenas Members of the 'Stop the Steal' Movement, Including Ali Alexander Lawyer says Capitol riot suspect is being 'shunned' in home town A woman charged in the Capitol riot claimed she stole Pelosi's beer. The feds say there's no evidence Alabama Trump supporter who brought Molotov cocktails to the Capitol to plead guilty Trump lawyer tells former aides to not cooperate with Jan. 6 committee House Jan. 6 committee issues subpoenas for more 'Stop the Steal' rally organizers, including Ali Alexander Joint Session: Upstate New Yorker Pleads Guilty to Illegally Entering U.S. Capitol, Admits He Smoked Cannabis inside Senator's Office on Jan. 6 Philadelphia Man Threw 'What Appears to Be a Coffee Tumbler' at Police on Jan. 6, Feds Say January 6 investigation confronts a perennial dilemma -- how to hold Trump accountable ‘The intelligence was there’: Law enforcement warnings abounded in the runup to Jan. 6
(DBN)

Trump’s Election Pressure on DOJ Is Detailed by Senate Committee Senate report gives new details of Trump efforts to use Justice Dept. to overturn election Legal expert breaks down new bombshell evidence of Trump crimes in Senate report Senate Judiciary Committee issues sweeping report detailing how Trump and a top DOJ lawyer attempted to overturn 2020 election Bombshell Senate report identifies pro-Trump lawmaker who helped install coup advocates at DOJ
(DBN)

'Trump's Big Lie Lawyer': Senators Refer Top Ex-DOJ Official to D.C. Bar and Release Scathing Report on Ex-President's Quest to Overturn Election Yet Another Bar Referral For Trumpland Lawyer Jeffrey Clark Who Tried To Overturn Election
(DBN)

Donald Trump’s Election-Stealing Plot Was Even Worse than We Knew
(DBN)

Fox's Bret Baier: Jan. 6 was a 'dark day' for US 'similar to what we saw in 1876'
(DBN)

Sidney Powell complains she doesn't have the 'tiniest fraction' of money needed to pay off lawsuits
(DBN)

'I Am Not Ashamed': California Sheriff Admits Oath Keeper Past
(DBN)

Covid is Now Leading Cause of Death for Police
(DBN)

N.J. Father Indicted for Kidnapping Son and Murdering Child’s Mother, Driving Around with the Woman's Corpse for Days Before Dumping Body in Woods
(DBN)

Conditions may be improving in the search for Brian Laundrie, who officials say was under surveillance before disappearing
(DBN)

Texas Woman Looked for a Hitman to Kill a Family Member and Ended Up Arrested After Paying Undercover Cop: Sheriff
(DBN)

Texas Man Who Handcuffed and Executed 6 Young Children, Including His Own Son, Sentenced to Life Without Parole
(DBN)

Dozens of states have tried to end qualified immunity. Police officers and unions helped beat nearly every bill.
(DBN)

A most-wanted fugitive has evaded the law for almost 23 years. He may have been spotted at a 2016 Dodgers game.
(DBN)

Yellowstone tourist gets jail time after video showed her too close to bears, feds say
(DBN)

Police Don't Believe Zodiac Case Was Solved
(DBN)

Black Children Were Jailed for a Crime That Doesn’t Exist. Almost Nothing Happened to the Adults in Charge.
(DBN)

50 Large Cities Where Homicide is Soaring
(DBN)

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Judges:

New PBS documentary examines Justice Sandra Day O’Connor’s legacy
(DBN)

Is This The New Hotness In Court Reform? End The Supreme Court
(DBN)

Follow Along As The Supreme Court Learns How U.S. Torture Works In Real Time
(DBN)

‘I hate blacks’: Disgraced activist lands prestigious clerkship after Ginni Thomas gave her a second chance
(DBN)

New Orleans casino calls cops on Black woman after not believing rank on her military ID
(DBN)

The Most Cringe Moment From Lucy Koh’s Judicial Confirmation Hearing
(DBN)

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Wall Street:

Stock futures are little changed ahead of key employment report US futures tread water ahead of key jobs data, after debt ceiling deal boosts stocks
(DBN)

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Education:

Most Americans support vaccine mandates for schoolkids
(DBN)

Are government bans on the teaching of critical race theory unconstitutional?
(DBN)

Lawsuit alleges National American University schemed to hide assets from creditors
(DBN)

FTC warns of 'significant financial penalties' if for-profit colleges deceive students
(DBN)

Department of Education: Florida missed deadline for $2.3B in federal aid
(DBN)

Florida Board of Education approves sanctions on eight school districts over coronavirus mandates
(DBN)

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Finance:

Credit Suisse Will Front Some of Greensill Funds’ Recovery Costs
(DBN)

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Building Materials:

California backed a Valley rice plant with tax-free ‘green bonds.’ What its bankruptcy means
(DBN)

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Food/Beverage:

Pipeline Foods bankruptcy judge OKs speedy Iowa property sale process
(DBN)

Brace yourself for a mass exodus of employees
(DBN)

____________

Autos:

U.S. Used-Car Prices, Key Inflation Driver, Surge to Record
(DBN)

Bart Reagor trial expected to begin next week
(DBN)

Tesla moves headquarters from California to Texas
(DBN)

From robotaxis to doubling revenue: Here’s how GM is laying out its plans for the future
(DBN)

Geneva Auto Show Postponed Again
(DBN)

____________

Healthcare:

Medicare 'Bankruptcy'
(DBN)

COVID deaths are finally falling October 7th COVID-19: Progress
(DBN)

Poll: 74 percent say COVID-19 restrictions effectively slow the virus
(DBN)

Where Biden’s vaccine mandate will hit and miss
(DBN)

Covid Hospital Admissions in Some Areas Near Levels Before Delta
(DBN)

This Is the City With the Most COVID-19 Cases
(DBN)

'This is a crisis': Tens of thousands of children affected by pandemic-related deaths of parents
(DBN)

Ivermectin: How False Science Created Covid Miracle Drug
(DBN)

Young, pregnant and unvaccinated: Hospitals confront a wave of severe illness and death
(DBN)

Scientists disagree whether infection and vaccination give equal Covid protection
(DBN)

Pfizer applies to FDA for COVID-19 vaccine authorization in children 5-11
(DBN)

UN Secretary calls unequal distribution of Covid vaccines immoral and stupid
(DBN)

Pfizer study shows women have more antibodies than men
(DBN)

Kids in Line for U.S. Covid Vaccine as Soon as Week of Nov. 1
(DBN)

Divorced parents are going to court over vaccinating their kids against the coronavirus
(DBN)

Anthony Fauci says one line from 'The Godfather' has shaped his career
(DBN)

____________


Economy:

Jobless claims fall by 38K, break three straight weeks of gains Weekly Initial Unemployment Claims Decrease to 326,000 U.S. weekly jobless claims post biggest drop in three months
(DBN)

Senate passes short-term increase to the debt limit, House to vote on it next No one likes the debt deal Schumer frustrates GOP, Manchin with fiery debt ceiling speech GOP tries to take filibuster pressure off Manchin, Sinema Trump urges GOP senators to vote against McConnell debt deal Key debt-limit vote sparks major fight among Senate Republicans Here are the 11 GOP senators who helped advance the debt extension The debt drama that masked a brutal power struggle: Schumer vs. McConnell
(DBN)

American CEOs Losing Confidence in Economy
(DBN)

Goldman September Payrolls Preview
(DBN)

September Employment Preview
(DBN)

Nearly three-quarters of workers are actively thinking about quitting their job, according to a recent survey Top reasons workers are quitting their jobs in 'The Great Resignation'
(DBN)

5 people open up about their frustrations with job hunting, from sending out 300 applications to getting ghosted by recruiters
(DBN)

Record Share of Small Businesses in U.S. Report Job Vacancies
(DBN)

Capital One Won’t Reopen Its Offices Until Sometime Next Year
(DBN)

These 20 countries and territories are home to most of the world’s 2,755 billionaires
(DBN)

Richest Americans Flee Treasuries With Holdings at 17-Year Low
(DBN)

Centrist Democrats outline a scaled-back budget bill Democrats Weigh How to Bridge $2 Trillion Gap in Biden’s Spending Bill Moderate Democrat says he can't back House spending plan 'in its current form' Democrats likely to throw billions in tax hikes overboard as spending plans shrink
(DBN)

SALT deductions may be doomed as Biden’s massive spending bill faces cuts
(DBN)

IMF urges governments to make fiscal plans to tame pandemic debt
(DBN)

'The struggle is real': Why these Americans are still getting left behind in the recovery
(DBN)

GOP disappointment with McConnell debt ceiling deal could delay vote
(DBN)

'Containergeddon': Supply crisis drives Walmart and rivals to hire their own ships Port pileup... no relief in sight
(DBN)

Era of depletion and disruption
(DBN)

Toys May Be Harder To Get In Time For Holidays Due To Global Supply Chain Delays
(DBN)

The global chip shortage will probably hit your everyday life
(DBN)

A block of vacant storefronts: Delayed office return plans stymie midtown Manhattan’s recovery
(DBN)

IBM says all U.S. employees must be vaccinated by Dec. 8 or face unpaid suspension
(DBN)

Fired for refusing a Covid vaccine? You likely can’t get unemployment benefits
(DBN)

Americans sense China eclipsing U.S. economically and say protecting U.S. jobs should be priority, poll finds
(DBN)

America Is Running Out of Everything
(DBN)

Diaper shortage hits US amid COVID-19 pandemic, supply chain issues
(DBN)

World food prices hit 10-year peak -FAO
(DBN)

San Francisco Bay Area to ease mask mandates in certain indoor places
(DBN)

Los Angeles sheriff says he will not enforce vaccine mandate
(DBN)

SBA program overpaid $4.5 billion in pandemic aid, inspector general says
(DBN)

Americans Fearful of Holiday Travel Are Sticking Closer to Home
(DBN)

Where People From New York State Are Moving to the Most Study breaks down most important question: Why are Californians moving to Texas?
(DBN)

Global tax deal inches closer as holdout Ireland agrees to sign up Ireland agrees global tax deal, sacrificing prized low rate
(DBN)

Pandora Papers: Revelation of a Parallel “Shadow” Economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Pandemic’s Toll on NYC Office Market Will Last Years, State Says
(DBN)

Homebuilder Comments in September: “Supply chain, supply chain, supply chain."
(DBN)

U.S. Mortgage Rates Dip Slightly, Once Again Dropping Below 3% Mortgage rates fall back below 3% but aren't expected to be there long
(DBN)

CMBS Market Faces Crunch As $40 Billion of Mall Debt Comes Due
(DBN)

Despite Warnings, Repairs on San Francisco’s Millennium Tower Caused Additional Sinking
(DBN)

The Most At-Risk Housing Markets
(DBN)

Manhattan’s Empty Storefronts Multiply With Workers Staying Home
(DBN)

Pandemic’s Toll on NYC Office Market Will Last Years, State Says
(DBN)

California’s Median Home Price Seen Topping $800,000 in New Peak
(DBN)

The Tech That Slumlords Hate
(DBN)

____________

Municipalities:

Puerto Rico House leader lays out demands for debt bill OK
(DBN)

Puerto Rico’s Plan For Rescue Aid? Host a Rockin’ New Year’s Eve
(DBN)

____________

Oil/Gas:

Who Should Pay To Plug Abandoned Oil Wells?
(DBN)

Coast Guard investigating cargo ship's connection to California oil spill Rotterdam Express No Longer Under Oil Spill Probe, Owner Says
(DBN)

Moody’s: Oil Industry Must Spend $542 Billion To Avoid Supply Shock
(DBN)

A Global Energy Crisis is Coming
(DBN)

____________

Gig Economy:

Amazon Delivery Partners Rage Against the Machines: ‘We Were Treated Like Robots’
(DBN)

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Distressed Investing:

BlackRock Alumni Want to Shake Up World of Junk-Debt Investing
(DBN)

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Books:

Book Industry Thrown Into Chaos Over Supply-Chain Delays
(DBN)

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Personal Finance:

Ask this job interview question to stand out, according to an Amazon recruiter
(DBN)

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Coal:

Coal Stocks Stage A Ghoulish Rally Amid Growing Energy Crises In Europe, China And India
(DBN)

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Sports:

Barcelona says audit shows club was technically bankrupt
(DBN)

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Celebs:

RHOBH’s Erika Jayne & co-stars reveal they got facials & pampering before reunion as disgraced star claims she’s ‘broke’
(DBN)

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Religion:

France summons archbishop over 'confession above law' stance
(DBN)

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Crypto:

Mt. Gox creditors may receive nothing if they fail to vote by Friday
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 9.2% Compared to Same Week in 2019
(DBN)

____________

Asset Managers:

Asset Manager Medley Gets Chapter 11 Bankruptcy Plan Approved
(DBN)

____________

Politics:

House Democrats to seek answers at hearing on Arizona election review
(DBN)

Biden approval rating falls to low of 38 percent: Quinnipiac poll
(DBN)

Democratic anxiety rises as Trump bid appears more likely
(DBN)

Some Republicans still don't believe Biden won
(DBN)

QAnon circles are spreading a conspiracy theory about photos of Biden's White House staging area, claiming it's proof that he's a fake president
(DBN)

Idaho plans to bill MyPillow CEO Mike Lindell for election audits
(DBN)

New York Mayor Bill De Blasio Misused City Resources, Probe Report Says De Blasio hasn’t repaid NYC funds he used for presidential campaign, investigators say New York Mayor Bill de Blasio used security detail as 'concierge service,' city watchdog says
(DBN)

Tucker Carlson Wants Anti-Maskers to Take Action. Now Some Are Harassing Children at School
(DBN)

Poll: Americans think US politicians, social media spread misinformation more than foreign governments
(DBN)

Trump’s Debt Now Totals An Estimated $1.3 Billion
(DBN)

Majority supports American troop intervention if allies targeted: poll
(DBN)

AT&T quietly becomes powerhouse in conservative politics
(DBN)

Republican John Cornyn doesn't know the debt ceiling is from previous US debt — not new spending
(DBN)

Scholars' Letter in Support of Saule Omarova How Biden's Soviet-born currency comptroller pick Saule Omarova was 'born in a yurt' and went on to become leader in the Young Communists
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (9 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)

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Bankruptcy Statistics:

September 2021 New Bankruptcy Filings Mixed
(DBN)

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Sanctions:

Walking on Eggshells: Life Post-Taggart
(DBN)

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Venue:

Chapter 11 under fire: U.S. Congress seeks to end forum shopping
(DBN)

Cause for Reform: The Bankruptcy Venue Reform Act of 2021
(DBN)

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Mootness:

Equitable Mootness Doctrine: Opposed At U.S. Supreme Court By 21 Law Professors (Hargreaves v. Nuverra)
(DBN)

____________

Bankruptcy Bonuses:

Executives’ pre-bankruptcy bonuses stir outrage, little action in Congress
(DBN)

Bankrupt companies gave $165 million in bonuses to top execs before going belly up last year
(DBN)

During the COVID-19 Meltdown, Execs Pocketed Millions in Bonuses While Their Companies Went Bankrupt
(DBN)

____________

Indian Tribes:

Bankruptcy shields are no match for tribal reach, Chippewa tell 1st Circuit
(DBN)

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Contempt:

Judge holds South Windsor in contempt in blight case
(DBN)

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Corporate Governance:

Director Liability in the Wake of the New Delaware Demand Futility Test
(DBN)

____________

Student Debt:

Biden Administration Goes to Bat for Betsy DeVos, Tries to Shield Her from Deposition in Students' Class Action Lawsuit
(DBN)

ED announces PSLF overhaul, aims to boost 2% approval rate
(DBN)

Changes announced for public service loan forgiveness; ABA urges government to do more
(DBN)

Debt-weary lawyers bank on relief with loan forgiveness overhaul
(DBN)

____________

Aviation:

United Airlines plans over 3,500 domestic flights to tap holiday demand
(DBN)

United Airlines workers eye rare legal move to block vaccine directive
(DBN)

U.S. airlines look for holiday boost after Delta variant interrupts recovery
(DBN)

American Air Says Workers Must Be Fully Vaccinated by Nov. 24 American, other airlines will require employee vaccinations
(DBN)

UK scraps action against Ryanair, British Airways over refunds
(DBN)

U.K. Pares Red List to Seven Countries in Bid to Encourage Air Travel
(DBN)

Singapore, South Korea to launch quarantine-free travel for vaccinated travelers
(DBN)

____________

Fraud:

Former NBA Players Indicted for Defrauding League’s Health Plan 18 former NBA players, including ‘Big Baby’ Davis, charged in alleged $4 million health insurance fraud
(DBN)

Ozy got $5.7 million in Covid loans meant for payroll, but ex-staffers say they didn’t see any of it Ozy Media's deepening crisis
(DBN)

Court hears case about wrong fraud decisions by state agency
(DBN)

Judge sentences former Blue Ash nursing home owner to 42 months in prison for $59M fraud scheme
(DBN)

37 members of Congress have violated a law designed to root out insider trading and prevent conflicts-of-interest
(DBN)

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Utilities:

Puerto Rico Power Company to Declare Emergency Amid Blackouts
(DBN)

Global Energy Crisis Threatens to Hit U.S. Grids This Winter
(DBN)

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Climate:

Brainard Backs Climate Guidance for Banks, Going Beyond Quarles
(DBN)

Summer storms were a climate-change wake-up call for subways
(DBN)

Agriculture produces more methane than oil and gas, making it a focus in reducing warming temperatures. Here are some of the best solutions.
(DBN)

After siege of blazes, experts say California must improve wildfire evacuation plans
(DBN)

Pentagon climate plan prepares military for extreme conditions
(DBN)

Climate Change to Make Texas Much Hotter
(DBN)

____________

Sovereigns:

Bahamas To Repay $3.65bn Debts To Creditors By 2026
(DBN)

____________

UK:

Insolvency funder prepares for Covid caseload surge
(DBN)

‘More energy firms to fold’ as costs and green taxes soar
(DBN)

U.K. Says 5% of Workforce on Furlough in Last Month of Program
(DBN)

UK consumer confidence slides as inflation worry mounts: Bank of America
(DBN)

U.K. Food and Fuel Shortages Are Hitting Many Consumers
(DBN)

BOE’s New Chief Economist Sees Prolonged Jump in U.K. Inflation
(DBN)

City of London Votes to Keep Statues of Slave-Linked Britons
(DBN)

____________

EU:

Pandemic May Change European Consumers for Good, ECB Study Finds
(DBN)

____________

Canada:

Reflections on the Evolution of the Companies’ Creditors Arrangement Act
(DBN)

Survol de Reinventing Bankruptcy Law: A History of the Companies’ Creditors Arrangement Act
(DBN)

Creditors, the Crown, and the CCAA: The Supreme Court of Canada Comments on Complex Commercial Reorganizations
(DBN)

Macklem Says Exiting Stimulus Will Test Global Financial System
(DBN)

____________

Italy:

Italy’s Clubs to Reopen for First Time Since Pandemic, Ansa Says
(DBN)

____________

MENA:

Following the Fed, Israel Will Roll Back Stimulus Program
(DBN)

The Taliban are helping remaining US citizens evacuate from Kabul because 'they don't want Americans in their country anyway,' activist says
(DBN)

Cash airlifts planned to bypass Taliban and help Afghans
(DBN)

Taliban are Stealing Villagers' Land
(DBN)

U.S. to probe allegations former Afghan president Ghani fled Taliban with millions in cash
(DBN)

Taliban Commander Charged in US Deaths
(DBN)

____________

Iceland:

Iceland Must End Fiscal Aid for Economy, Central Bank Chief Says
(DBN)

____________

India:

New rules to aid bankruptcy resolution
(DBN)

Bad bank will help banks clean their books, but won't solve problem of NPAs
(DBN)

____________

China:

Evergrande Dollar-Bond Trustee Citi Hires Mayer Brown as Counsel
(DBN)

Evergrande and other Chinese property giants have sizeable off-balance sheet debt - JPMorgan
(DBN)

Creditors of Evergrande bond not paid Evergrande has reportedly missed recent bond payments as the developer fights to fend off default
(DBN)

HNA, Evergrande Woes Underscore How China Paradigm For Business Success Is Being Swept Away
(DBN)

Debt woes crash China Inc. luxury dream
(DBN)

A made-in-China financial crisis?
(DBN)

____________

France:

French elections: Far-right TV pundit climbs to second behind Macron
(DBN)

____________

Venezuela:

An update on Venezuela’s troubled economy
(DBN)

____________

Taiwan:

U.S. Has Troops in Taiwan Training Forces With Tensions High China Fires Back at Reports of U.S. Commandos in Taiwan
(DBN)

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