September 1, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Davis Polk Won't Delay Its New York Office Reopening, But Adjusts Its Face-Time Expectations For Attorneys
(DBN)

Big Law Converges Around a Late September Return—But That May Not Be Realistic
(DBN)

State Bar of Texas faces fresh challenge to mandatory dues
(DBN)

Nation's First Online-Only Law School Program Gets ABA Approval
(DBN)

Embattled Florida law school faces another professor pay suit
(DBN)

Partner Departures Continue at Schulte Roth as Another Joins Milbank
(DBN)

3 Mistakes You’re Making In Your Legal Resume (And How To Fix Them)
(DBN)

How the Pandemic has Affected Lawyers
(DBN)

This law firm says it’s mobilizing to help clients in the wake of Hurricane Ida
(DBN)

Inside the Big Law labor shortage, where firms are turning away clients and partners are taking on grunt work
(DBN)

‘Skadden in his blood’: After 65 years at firm, Barry Garfinkel has died
(DBN)

Giuliani’s PR Guru Resigns as Legal Walls Close In
(DBN)

Sidney Powell Storms Off Set When Grilled on Her Election Lies • Sidney Powell Gives Dumpster Fire Interview Defending Lawyers' Right To 'Occasionally Misrepresent Things'
(DBN)

The lessons from Trump's 'Kraken' lawyer sanctions in Michigan
(DBN)

Man Dubbed #FacePaintBlowhard for Allegedly Assaulting Police on Jan. 6 Must Stay in Jail Pending Trial, Judge Rules • Two Brooklynites Who Allegedly Showed Up in Far-Right Streamer's Video Charged for Storming U.S. Capitol • Ex-CEO of Data Analytics Company Said His Jan. 6 'Indiscretion' Was the 'Single Worst Decision' of His Life. He Just Pleaded Guilty •McCarthy says GOP 'will not forget' if firms hand records to Jan. 6 panel
(DBN)

Go-to Lawyer for Capitol Riot Defendants Disappears
(DBN)

An alarming new Supreme Court case could unravel Roe v. Wade as soon as tonight • Texas Officials Ask Supreme Court to Allow Six-Week Abortion Ban • Strict new Texas abortion law takes effect as Supreme Court doesn't intervene to block it • Is This How Abortion Goes Out? Not With A Bang, But A Whimper
(DBN)

Pay No Attention To How Much SPACs Are Padding Law Firms’ Bottom Lines
(DBN)

Bank robbers strap hostages to getaway cars in deadly raid
(DBN)

Videos capture encounter between Chicago police officer and Black woman walking a dog
(DBN)

A group of more than 70 State Department officials sent a letter to U.S. Secretary of State Antony Blinken voicing alarm about “an openly antisemitic department employee
(DBN)

Feds Charge Florida Man in $25 Million Plot to Shake Down Rep. Matt Gaetz and His Father by Dangling Prospect of 'Presidential Pardon'
(DBN)

Favoring Your Romantic or Sexual Partner at Work Is Not Sex Discrimination: 9th Circuit
(DBN)

Anti-gay hate crimes fell slightly in 2020, while anti-trans crimes rose, FBI says
(DBN)

Texas Inmate Wants Baptist Pastor to 'Lay Hands Upon Him' at Moment of Execution. The Fight May End Up at SCOTUS
(DBN)

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Judges:

The Sea Pines Bankruptcy Case
(DBN)

Many state and local courts have seen case backlogs increase during the pandemic, new report finds
(DBN)

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Wall Street:

Stock futures rise to kick off September trading, Dow futures gain 100 points
(DBN)

Morgan Stanley Boosts Junior Banker Pay a Month After Last Raise
(DBN)

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Mass Torts:

USA Gymnastics proposed plan has $425 million for Nassar abuse survivors
(DBN)

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Fraud:

Fake student bot accounts at California colleges tied to suspected COVID-19 relief scam
(DBN)

A doctor was charged in an opioids scheme. Then he tried to hire a Hells Angel to silence a witness, feds say.
(DBN)

Jury selection begins in Theranos founder Elizabeth Holmes' trial • Elizabeth Holmes Convinced One Jury as Theranos CEO. Will She Convince Another?
(DBN)

Recovery for Bernard Madoff customers bolstered by Citigroup ruling, trustee's lawyer says • Court Revives Bernie Madoff Customers’ $343M Clawback Suit Against Citigroup
(DBN)

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Mail:

USPS has shorted some workers' pay for years, CPI finds
(DBN)

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Climate:

Biden looking at climate change risks to financial markets
(DBN)

Louisiana left without power, Mississippi highway collapses in Ida's wake • Louisiana governor warns evacuated residents: "Do not return here" • Downed lines are making it hard for Entergy to restore power in Louisiana. • Some New Orleans Power May Return Within 48 Hours: Councilwoman • Ida aftermath: No power, no flights, scant drinking water • Damage from Hurricane Ida could reach $80 billion, AccuWeather estimates • True scope of Ida's destruction becoming clearer in wake of storm • Climate change is making hurricanes stronger, slower and wetter. Ida checked all the boxes • As a preview of future hurricanes, Ida is ‘very scary.’ • How 'rapid intensification' fueled Hurricane Ida • Scientists detail role of climate change in Ida's intensity • How Climate Change Is Fueling Hurricanes Like Ida • Danger of New Orleans power failures could be greater than hurricane's, aid workers warn • Heat advisory issued for New Orleans as residents swelter post-Ida • NOLA mayor promises to 'lock up' looters in wake of Hurricane Ida • Man attacked by alligator in flooded Louisiana waters after Hurricane Ida • Drone video shows devastation in Lafourche Parish after Hurricane Ida • Supplies are already running out as officials warn of weekslong recovery after Ida • Why Hurricane Ida has been so devastating to the Gulf Coast • New Orleanians struggle to find their footing after yet another battering by a hurricane •In two Louisiana towns hard-hit by Ida, residents recall frenzied exits, a night of terror
(DBN)

Hurricane Ida exposes America's precarious energy infrastructure
(DBN)

Caldor Fire prompts states of emergency in Nevada and California, with more than 50,000 told to evacuate the Lake Tahoe region • California's Caldor Fire nears South Lake Tahoe after thousands flee • To Save Lake Tahoe, They Spared No Expense. The Fire Came Over the Ridge Anyway. • Residents, tourists scramble to evacuate as California fire nears Lake Tahoe • Huge chunks of ash rain down as South Lake Tahoe evacuates Caldor Fire, photos show • 'All we can do': Firefighters attempt to merge California wildfires in effort to control one
(DBN)

Remote workers from San Francisco flocked to Lake Tahoe during the pandemic. Now, thousands of people are being forced to evacuate as the Caldor fire bears down on the serene Northern California enclave.
(DBN)

Dry, Gusty Winds to Fan California’s Wildfires, Adding to Crisis
(DBN)

Every National Forest In California Is Closing Because Of Wildfire Risk
(DBN)

Why The South Is Decades Ahead Of The West In Wildfire Prevention
(DBN)

Rising Heat Is Making It Harder to Work in the U.S., and the Costs to the Economy Will Soar With Climate Change
(DBN)

____________

Healthcare:

August 31st COVID-19: Cases May be Peaking at Average 150,000 per Day
(DBN)

The slow and steady decline of the vaccine skeptics • Axios-Ipsos poll: Vaccine hesitancy may be crumbling
(DBN)

U.S. Travel Nurses Are Being Offered as Much as $8,000 a Week
(DBN)

We don't know enough about risks to the vaccinated
(DBN)

Even with the Delta variant, the ability of COVID-19 vaccines to prevent hospitalization hasn't significantly dropped, CDC scientist says
(DBN)

Doctor: Covid cases in kids are becoming more complicated. It's time for politicians to get out of our way
(DBN)

Covid-19 Infection Rates in Colorado Are Highest Among Children
(DBN)

Over 80% of eligible Californians are partially vaccinated against COVID-19
(DBN)

South African scientists identify new COVID variant with ‘increased transmissibility’
(DBN)

'Do It For The Kids:' US Adults Warm Up To Vaccinating Their Children Against COVID-19
(DBN)

Hochul directs $65 million for the rollout of booster shots in New York, assuming federal regulators clear them.
(DBN)

Puerto Rico to limit alcohol sales, gatherings amid pandemic
(DBN)

Florida oxygen shortage hits more than hospitals
(DBN)

Coronavirus vaccines work. But this statistical illusion makes people think they don't.
(DBN)

New Jersey Woman Charged With Selling Fake Vaccine Cards on Instagram
(DBN)

CDC director says unvaccinated people shouldn’t travel over Labor Day weekend
(DBN)

This Is the Moment the Anti-Vaccine Movement Has Been Waiting for
(DBN)

Anti-vaxxers forced a mobile COVID-19 vaccine site in Georgia to shut down after threatening health workers: official
(DBN)

Bogus COVID Treatment Ivermectin Use Is Spreading Around the World • People Are Eating Horse Paste To Fight COVID. These Doctors Are One Reason Why •They'd Rather Horse Around Than Get Vaccinated
(DBN)

Illinois church camp that didn't require vaccinations or masks linked to up to 180 Covid cases, CDC says
(DBN)

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Economy:

Fed chair race spotlights Powell-Brainard Wall Street rule split • AOC and other progressives urge Biden to dump Powell for a more climate-focused Fed chair
(DBN)

Millions Lose Jobless Benefits This Weekend
(DBN)

Surging COVID-19 cases dampen U.S. consumer confidence, house prices post record gains • Consumer confidence tumbles to 113.8 vs.123.0 expected
(DBN)

The COVID-19 Pandemic and Emerging Market Restructurings: The View One Year Later
(DBN)

One map shows how long it could take for each US state and DC to get back to pre-pandemic employment
(DBN)

Biden's child allowance helped feed 2 million kids in its first month
(DBN)

Almost half of kids in the US lived in poverty for at least 2 full months between 2013 and 2016
(DBN)

Social Security trust funds are now expected to run out of money sooner than expected due to Covid • Key Medicare Fund Will Be Insolvent in Just Five Years • Medicare Not as Broken as It Sounds
(DBN)

Delta Air Lines makes full vaccination a condition of employment for new hires
(DBN)

Vaccine mandates: Here are the companies requiring proof of inoculation from employees
(DBN)

Number of Employers Mandating Covid Vaccine Expected to Surge
(DBN)

Companies eye financial penalties for unvaccinated workers
(DBN)

Google delays its return to office until January.
(DBN)

Customers will need to show proof of vaccination or negative test to enter long list of Oahu businesses
(DBN)

Drugstore chain Walgreens to raise minimum hourly wage for staff from October • Walgreens Bumps Pay to $15 Amid Acute Worker Shortage in U.S.
(DBN)

Fortune cancels CEO conference amid labor strife
(DBN)

Corporations prepare to lobby against Biden's $3.5 trillion plan
(DBN)

These charts show which states will get the most money from Biden’s infrastructure bill
(DBN)

Over three decades, both parties stopped caring about the deficit
(DBN)

New York Governor Names Adrienne Harris as State’s Top Financial Watchdog
(DBN)

Why is West Hollywood experimenting with universal basic income?
(DBN)

Zoom-Call Gaffes Led to Someone Getting Axed, 1 in 4 Bosses Say
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Reis: Office and Mall Vacancy Rates Increased in Q2
(DBN)

U.S. June home prices rise at record annual pace -S&P/Case-Shiller • Case-Shiller: National House Price Index increased 18.6% year-over-year in June • US home prices soar at record pace in June
(DBN)

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

Freddie Mac: Mortgage Serious Delinquency Rate decreased in July • Fannie Mae: Mortgage Serious Delinquency Rate Decreased in July
(DBN)

Volunteer legal work needed for pending evictions crisis, says ABA president
(DBN)

The return of evictions
(DBN)

L.A. Sheriff Predicts New Homeless Surge When Eviction Curb Ends
(DBN)

U.S. Home-Price Gains Set Another Record, Fueled by Bidding Wars
(DBN)

Housing affordability to worsen near-term, even as price rises cool off: Reuters poll
(DBN)

The ‘boomtown’ of today: Boise is most-overvalued housing market in country, study says
(DBN)

____________

Municipalities:

CDC says travelers should avoid Puerto Rico, Switzerland, other destinations due to COVID-19
(DBN)

____________

Oil/Gas:

U.S. Gulf Onshore Oil Base Sees Weeks for Recovery After Ida
(DBN)

Limetree Woos Buyers and Lights Flare for Shutdown Operations
(DBN)

The One And Only Way To Avoid A Climate Crisis
(DBN)

____________

Agribusiness:

Black US farmers awaiting billions in promised debt relief
(DBN)

____________

Education:

Florida school districts face mask free-for-all after judge strikes down DeSantis' ban
(DBN)

Texas school temporarily closes after two teachers die of coronavirus complications
(DBN)

Pennsylvania governor issues mask mandate for schools, child care facilities
(DBN)

Homeschooling reaches critical mass
(DBN)

11-year-old placed on ventilator with COVID as Texas mom blames in-person school
(DBN)

Beloved Teacher Dies of COVID in School District That Chose Jeans Over Masks
(DBN)

School board members resign following 'toxic' debates over CRT and mask mandates
(DBN)

To quarantine or not: The hard choices schools are leaving to parents and staff
(DBN)

Chicago Public Schools in talks with Uber, Lyft after bus drivers quit over vaccine mandate
(DBN)

____________

Sports:

NFL ramps up frequency of coronavirus testing for vaccinated players and staffers
(DBN)

____________

Banking:

Wells Fargo Risks Regulatory Action Over Pace of Restitution
(DBN)

____________

Bankruptcy Crimes:

Former confidant of ex-Gary mayor to be sentenced for in January; won't be required to help feds
(DBN)

____________

Food/Beverage:

An Oregon McDonald's is so desperate for workers it hung a huge banner outside calling on 14-year-olds to apply
(DBN)

____________

Nursing Homes:

LTC Enters Into Settlement Agreement With Senior Care Centers and Abri Health Services
(DBN)

Covenant Living Seeks to Buy CCRC That Filed for Chapter 11 Bankruptcy
(DBN)

____________

Student Debt:

Private sector wants in on America's student debt crisis
(DBN)

____________

Retailing:

Retailers Rethink Brick-and-Mortar Potential
(DBN)

____________

Politics:

The Botched Afghanistan Withdrawal Exposes a Dangerous Fault Line in Our Democracy
(DBN)

Was Biden looking at his watch during ceremony for Marines killed in Kabul?
(DBN)

FactCheck: The Trump administration worked to free 5,000 Taliban prisoners
(DBN)

A GOP candidate in Pennsylvania called for '20 strong men' to remove school boards that impose mask mandates on students
(DBN)

The I-word looms: McCarthy faces internal pressure to go harder at Biden on Afghanistan
(DBN)

87 retired generals who endorsed a false conspiracy theory about the 2020 election call on Defense Sec. Lloyd Austin and Gen. Mark Milley to resign over the Afghanistan withdrawal
(DBN)

Rep. Madison Cawthorn falsely suggests elections are 'rigged,' says there will be 'bloodshed' if system stays on its path • Fellow Republican rips freshman GOP Rep. Madison Cawthorn over "insane" threat of “bloodshed”
(DBN)

Former House Speaker Paul Ryan says it's 'really clear' Biden won fairly in 2020 as Wisconsin GOP leaders pursue $680,000 election audit
(DBN)

Restaurant owner says she doesn't want business from Biden supporters
(DBN)

Harris makes rare recess appearance to help pass Afghanistan evacuee bill
(DBN)

‘They have better things to do’ – Major Republican donors are staying away from Trump
(DBN)

U.S. liberals see dwindling legal options to challenge voting curbs
(DBN)

GOP lawmaker threatened officials while trying to enter Afghanistan: report
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (31 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)

Seminars - (Contact us to list your seminar)

______________

Subchapter V:

Subchapter V Trustee As “De Facto Mediator” (In re 218 Jackson)
(DBN)

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Intercreditor:

Simply Speaking (August 2021) – Intercreditor Basics
(DBN)

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Mootness:

Eighth Circuit Scales Back Equitable Mootness Doctrine for Dismissing Confirmation Appeal
(DBN)

____________

Aviation:

Airline employees took on new mission in Afghanistan conflict's final days: Getting evacuees to the U.S.
(DBN)

Southwest Airlines pilots are suing the airline, claiming the company withheld pay in violation of the union contract
(DBN)

'I'm conflicted': Travelers weigh Hawaii plans after governor begs tourists not to come amid COVID-19 surge
(DBN)

UK's Jet2 snubs Boeing for Airbus in $4.9 bln jet deal
(DBN)

E.U. Removes U.S. from ‘Safe Travel’ List—What That Means for Travelers
(DBN)

Italy tightens entry requirements on US tourists, adds self-isolation mandate for the unvaccinated
(DBN)

Tourists, industry in limbo after EU drops U.S. from safe travel list
(DBN)

Israel’s airlines face mass layoffs, bankruptcy
(DBN)

Asia’s Jet Fuel Recovery Gets Grounded Again by Delta Flare-Ups
(DBN)

Rex delays jet deliveries until lockdowns end, borders reopen
(DBN)

____________

Pharma:

Purdue Pharma Scrambles To Discourage A Justice Department Appeal of Bankruptcy Deal
(DBN)

Judge to rule on Purdue Pharma bankruptcy plan that shields Sacklers
(DBN)

____________

Celebs:

NHL Star Evander Kane Loses $3 Million Mansion In Bankruptcy Days After Judge Rules Ex-Girlfriend’s Abortion Lawsuit Will Move Forward
(DBN)

____________

Utilities:

Louisiana Governor Doesn’t Know When Storm Blackouts Will End
(DBN)

Entergy Has Restored Power to 85,000 Customers Hit by Ida
(DBN)

Griddy Energy settles with Texas, releasing customers from $9,000 power bills during freeze • Texas’ Griddy Energy Settles Over Exorbitant Energy Bills From Freeze
(DBN)

Exec charged in failed SC nuclear project pleads not guilty
(DBN)

____________

History:

Virginia governor pardons seven Black men executed in 1951
(DBN)

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Personal Finance:

A Chicago couple posted a $240 invoice to their 'no call, no show' guests who didn't attend their destination wedding
(DBN)

____________

Fashion:

Jessica Simpson-brand owner files bankruptcy as retail sinks • Jessica Simpson brand owner Sequential files for bankruptcy • Sequential Brands Group Goes Bankrupt • Jessica Simpson, Joe's Jeans brands owner files for bankruptcy • Sequential Brands Bankruptcy: 13 Things for SQBG Stock Investors to Know as Shares Plunge
(DBN)

____________

Cannabis:

Marijuana Stocks Burn Out as U.S. Legalization Efforts Languish
(DBN)

____________

Sovereigns:

Zambia’s New President Pledges to Uncover Country’s True Debt Burden
(DBN)

Buenos Aires Scares Creditors Into Accepting Bond Restructuring
(DBN)

____________

UK:

Caution Reigns as U.K. Consumers Repay Loans, Add to Savings
(DBN)

Motorists should be charged per mile to counter electric vehicle traffic fears, says Blair Institute
(DBN)

Former members of armed forces have expressed suicidal thoughts after facing 'cruel and unfair' loan charge, says campaigning group
(DBN)

____________

EU:

70% of adults in European Union are fully vaccinated
(DBN)

____________

Canada:

Canada to take in 5,000 Afghan refugees evacuated by the U.S. - minister
(DBN)

Canadian economy unexpectedly shrank in Q2, July GDP seen down
(DBN)

____________

MENA:

Videos show Taliban taking over Kabul airport and celebrating with gunfire after the US left Afghanistan • Pentagon: Military equipment left at Kabul airport is "unusable" • A 'businesslike' Taliban helped Americans, Afghans escape Kabul, officials say • Taliban Promise Good Relations with World • American describes being left behind in Kabul: 'I don't believe in anybody anymore' • White House says pulling troops is 'best way' to help Americans still in Afghanistan • Biden Says August Exit from Afghanistan Saved American Lives • A small fraction of America's Afghan allies made it out of Afghanistan • Don't believe the fearmongers. Leaving Afghanistan does not endanger the U.S. • Biden likely to lean on drone warfare in Afghanistan • Stranded in Kabul: A U.S. Resident Runs Out of Options • Senate passes bill to provide assistance to Americans returning from Afghanistan • Afghans' Desperate Pleas In Wake Of US Pullout • They worked with Americans. Now, left behind in Afghanistan, the Taliban are after them. • Pentagon: ‘We’re still obviously concerned’ about Americans left in Afghanistan • Why Afghanistan fell off of the media's radar • No, the Taliban did not seize $83 billion of U.S. weapons • Gunfire and gutted choppers: Taliban welcome 'independence' after U.S. withdrawal • Biden faces unfinished mission of evacuating Americans • Uncertainty lingers for Americans trying to leave Afghanistan after U.S. withdrawal • The drugs dilemma for the West in Afghanistan • Split U.N. Security Council urges Taliban to allow travel, aid • The war in Afghanistan is officially over. Now, some wonder, are we back where we started? • The Taliban Can’t Control Afghanistan. That Should Worry the West •NATO Chief Vows Alliance Won't Forget Afghan Allies • White House: U.S. doesn't see terror threat to homeland from groups in Afghanistan • Taliban demand US diplomats return to Kabul
(DBN)

Afghan Interpreter Who Helped Rescue Biden in 2008 Left Behind After U.S. Exit
(WSJ)

Israel Reports Record New Covid Cases as Booster Drive Expands
(DBN)

UAE: Bankruptcy Update: ‘Emergency Financial Crisis’ Period Ends
(DBN)

NMC creditors approve plan to take control of firm's units, end administration
(DBN)

____________

India:

Inside Videocon’s epic insolvency saga
(DBN)

Indian economic growth leaps in April-June despite pandemic curbs
(DBN)

Biggest India Carmaker Says Output to Drop to 40% on Chip Crisis
(DBN)

____________

Chile:

Chile Unemployment Drops for Fourth Month as Economy Mends
(DBN)

____________

Brazil:

Brazil Unemployment Falls More Than Expected as Economy Reopens
(DBN)

____________

China:

Key Evergrande Backer Trims Stake in Sign of Waning Support
(DBN)

China is grappling with a ‘devil’s bargain’
(DBN)

____________

Romania:

Bucharest Mayor: 14 Out Of 16 Municipal Companies Shut Down. 2,700 Employees To Be Laid Off
(DBN)

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