September 10, 2021

The Daily Bankruptcy News

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Law:

Top Biglaw Firm Pulls The Plug On September Return To Office Due To Delta Variant
(DBN)

Federal Judge Orders Associates Not To Work Over The Holidays
(DBN)

UK: Shearman & Sterling hikes NQ salary second time in a year to £145k
(DBN)

This Firm Is Reducing Its Billable Hours Requirements To Improve Work-Life Balance
(DBN)

The Secret To Lawyer Happiness? Zero Debt!
(DBN)

Graduates Of This Law School Do Way Better Than Expected On The Bar Exam U.S. News Law School Rankings: Bar Exam Performance
(DBN)

California Bar to Attorneys: Disable Alexa When Working From Home
(DBN)

Jones Day Couple’s Partnership Promotion, Pay Data Bid Paused
(DBN)

Reduce fees by moving out of "ostentatious offices" say in-house lawyers
(DBN)

The 31 New Law School Deans
(DBN)

Dating app is for lawyers, legal professionals and those who want to meet them
(DBN)

Is Firm Culture a Good Reason to Return to the Office?
(DBN)

Litigator calls ‘trickery’ allegations ‘ludicrous’ in spat with NFL team’s ex-general counsel
(DBN)

Attorney Facing Ethics Charges: Sure, I Called Opposing Counsel A 'Bottom Feeder,' But WHERE'S THE LIE?
(DBN)

Lawyer accused of drawing gun in social distancing tiff should get 9-month suspension, hearing board says
(DBN)

Former South Africa Managing Partner leaves Baker McKenzie amid bullying claims
(DBN)

Capitol Police officers to get briefed on Sept. 18 rally against Jan. 6 arrests
(DBN)

Chris Wallace on lawmakers who contested Biden's election: I don't want to hear 'their crap'
(DBN)

John Pierce Is Back, Baby, And, Uhhh, Colorful As Ever
(DBN)

Michigan officials demand pro-Trump lawyers reimburse state for costs of election case Kraken Bill Comes Due And It's A Remarkably Reasonable $200K After Blistering Ruling Put Law Licenses in Danger, 'Kraken' Lawyers Could Be on the Hook for More Than $200,000 in Legal Fees
(DBN)

Alabama Man Charged with Bringing 11 Molotov Cocktails and Several Loaded Firearms to the U.S. Capitol Intends to Plead Guilty, Feds Say An alleged Capitol rioter says his ankle monitor beeps too loudly. He wants a judge to let him remove it.
(DBN)

US judge questions constitutionality of Capitol riot charges
(DBN)

Sean Spicer says he's suing Biden for firing him from a position Trump gave him at the US Naval Academy Psaki: White House 'confident in our legal abilities' to oust Trump allies from advisory boards
(DBN)

3 people charged with stealing identities of Surfside condo collapse victims
(DBN)

The Epic Life of the Woman Behind Roe v. Wade The "Roe Baby" reveals identity as half-sister speaks to CBS News about their mother's legacy
(DBN)

Justice Department sues Texas to block six-week abortion ban DOJ sues to block Texas abortion law, cites conflict with federal constitutional duties Justice Department sues Texas over six-week abortion ban DOJ Files Aggressive Lawsuit to Combat Texas' Restrictive Anti-Abortion Law, Cites Chief Justice Roberts' Dissent Biden administration sues Texas over restrictive abortion law
(DBN)

Restrictive Laws Show Effect as U.S. Abortion Rate Declines
(DBN)

The Surprisingly Strong Supreme Court Precedent Supporting Vaccine Mandates
(DBN)

Biden administration reviving Trump's "Remain in Mexico" border policy
(DBN)

California surf school owner Matthew Coleman indicted after allegedly killing his 2 young children over "serpent DNA"
(DBN)

Courtroom Reporting When You’re Not Quite in Court
(DBN)

Wealthy Black Families Still Suffer Segregation, Fed Study Says
(DBN)

Employer of anti-masker who 'deliberately' coughed on supermarket shoppers announces she 'no longer works' there
(DBN)

Right-wingers melt down over anti-masker being booted from the Alamo
(DBN)

Colorado Trucker Who Openly Admitted He Stabbed a Man at an Arby's 'Because He Was Black' Is Sentenced to Prison
(DBN)

Federal Judge in Florida Blocks ‘Riot’ Definition in Law Backed by Gov. Ron DeSantis, Likens Measure to Backlash Against ‘Freedom Rides’ in Segregated South Judge Blocks Florida's Anti-Riot Law
(DBN)

Durst’s lawyer says prosecutors demonized ‘sick, old man’
(DBN)

Marine vet 'tortured' 11-year-old after killing her family, sheriff says. The girl 'played dead' and 'prayed.'
(DBN)

Georgia Grand Jury Declines to Indict 15-Year-Old Who 'Had Enough of His Father Abusing His Mother' and Opened Fire with a Rifle
(DBN)

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Judges:

Courts’ Vaccine Mandates Raise Concerns Over Delays, Constitutionality
(DBN)

‘They’re going to hang you.’ Woman berates pro-mask county judge at Texas grocery store
(DBN)

God Has No Place in Supreme Court Opinions
(DBN)

Appeals court restores several Indiana abortion restrictions
(DBN)

As Courts Reopen, Divorce Filings Are on the Rise
(DBN)

Supreme Court will resume in-person oral arguments, but the public can’t attend
(DBN)

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Wall Street:

 

Dow falls for the fourth straight day, drops 150 points
(DBN)

Moelis Says Talent War May Drive Up Junior Banker Pay Even More
(DBN)

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Fraud:

Theranos trial, day one: Lies vs. mistakes A new court filing in Elizabeth Holmes' fraud trial reveals texts to her ex-boyfriend and former COO that could play a key role in prosecuting the Theranos founder Holmes defense tries to block testimony on her extravagant expenses at Theranos
(DBN)

Actor who faked deals with HBO, Netflix to plead guilty in Ponzi scheme
(DBN)

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Non-Profits:

Court Rejects Attempts From Additional Parties to Intervene in NRA Dissolution Case
(DBN)

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Agribusiness:

Farmers restore native grasslands as groundwater disappears
(DBN)

Easterday estate farm equipment sell-off one of the largest in US history
(DBN)

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Personal Finance:

You Are Invited to Our Wedding. Kindly Tell Us Your Vaccination Status.
(DBN)

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Retailing:

N.Y. Designer Destination ABC Carpet & Home Files for Bankruptcy ABC Carpet & Home seeks Chapter 11 bankruptcy Iconic ABC Carpet & Home in NYC Succumbs to Chapter 11 Bankruptcy Protection N.Y. Design Haven ABC Carpet & Home Files for Bankruptcy
(DBN)

GameStop slides 10% as the video game retailer reports a 2nd-quarter loss and offers little guidance for investors GameStop erases 10% post-earnings drop as retail investors come to rescue
(DBN)

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Healthcare:

September 9th COVID-19: Some Progress
(DBN)

Monster risk: Fauci says COVID cases 10x too high
(DBN)

In COVID-slammed Idaho, schools risk buckling hospitals
(DBN)

We conducted the largest study on masks and covid-19: They work
(DBN)

Eight Pregnant Women Die of COVID in Mississippi as Child Deaths Double
(DBN)

Kentucky hospital pushed to its limits as lawmakers extend state of emergency due to Covid-19 surge
(DBN)

North Carolina sounds alarm that nearly half of state's middle and high school Covid-19 clusters tied to sports
(DBN)

CDC study: More COVID-19 patients report having long-term symptoms
(DBN)

The US was a world leader in vaccination. What went wrong?
(DBN)

WHO warns Africa's COVID vaccine supply will drop by 25%
(DBN)

Africa Variants May Derail Global Covid-19 Fight, Scientists Say
(DBN)

Biden to call for global summit on Covid response
(DBN)

Howard Stern blasts unvaccinated Americans, casting vaccine mandate as 'freedom to live'
(DBN)

The Flu Is Expected to Make a Comeback This Year, Threatening Hospitals Strained by Delta
(DBN)

Senate Democrats could send seniors $1,000 cash vouchers to buy expanded Medicare benefits next year
(DBN)

Virus claims Black morticians, leaving holes in communities
(DBN)

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Economy:

US jobless claims drop to pandemic low of 310,000 as federal unemployment benefits expire Weekly Initial Unemployment Claims decrease to 310,000
(DBN)

U.S. Workers' Job Worries Easing; Still Above 2019 Levels
(DBN)

Workers are worried about COVID
(DBN)

Fed's Beige Book: "Economic growth downshifted slightly to a moderate pace"
(DBN)

Renominating Jerome Powell for Fed chair is a mistake that will have serious consequences for our planet
(DBN)

Fed's Bowman expects tapering of bond purchases to begin this year
(DBN)

Wages Are Still Rising Across the U.S. The Bad News: So Are Prices
(DBN)

Taking a closer look at the ‘I quit’ economy
(DBN)

Learning the Right Lessons from US Economic Experimentation
(DBN)

Union Pacific Sees Stubborn Inflation, From Rails to Lawn Mowing
(DBN)

Most Americans Want Companies to Help Ease Child Care Burden
(DBN)

Skilled Workers Are Scarce, Posing a Challenge for Biden’s Infrastructure Plan
(DBN)

Biden to mandate COVID vaccines for federal workers, with no option for testing Biden to mandate COVID-19 vaccine for federal employees and contractors
(DBN)

'No Issue of Constitutionality': Legal Experts Give Biden's 'Certainly Constitutional' Vaccine Mandates the Go-Ahead
(DBN)

Biden’s war on virus becomes war on unvaccinated
(DBN)

One in Five Americans Say Employer Requires Vaccination
(DBN)

Biden to expand vaccine requirements to frontline health workers
(DBN)

Joe Biden Has 6 New Steps to Curb COVID-19: Here’s What They Are
(DBN)

Biden to push vaccine mandates covering 100 million U.S. workers as part of broader Covid fight Biden to ask OSHA to mandate vaccines at businesses with 100 or more workers Federal mandate takes vaccine decision off employers’ hands Millions of workers, businesses to face Biden's new coronavirus vaccine and testing rules
(DBN)

HCA isn't requiring COVID-19 vaccines
(DBN)

Job postings with COVID-19 vaccine requirements doubled in August
(DBN)

Poll: Americans favor Manchin's "strategic pause" Schumer rejects Manchin’s ‘strategic pause’ on $3.5T bill
(DBN)

Reconciliation package's clean electricity program would create over 7M jobs: Analysis
(DBN)

Microsoft gives up predicting when its US offices will fully reopen Microsoft scraps return-to-office plan as delta variant rages The CEOs of Microsoft and LinkedIn say they no longer believe in setting firm return-to-office dates
(DBN)

AmEx Again Delays U.S. Return to Office, Now Targets Jan. 24
(DBN)

Macquarie Plans Hybrid Work to Be Permanent for Its U.S. Staff
(DBN)

Amazon offers to cover full college tuition costs for 750,000 U.S. hourly workers
(DBN)

Walmart phasing out store workers' quarterly bonuses
(DBN)

U.S. economy has grown bigger — and weaker — since 9/11
(DBN)

As Democrats push $3.5 trillion package, Republican lawmaker blasts 'spending that drives up prices, kills jobs'
(DBN)

Biden’s Remaking of Safety Net Moves Ahead in House Committees
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Rents Rise in All Big U.S. Cities for First Time Since Covid Hit
(DBN)

Leading Index for Commercial Real Estate "Loses Steam in August"
(DBN)

Mortgage rates stuck at 2.88% amid rise in COVID cases
(DBN)

The Supreme Court ended the eviction ban but not the fight against evictions
(DBN)

Las Vegas Real Estate in August: Sales up 14% YoY, Inventory down 36% YoY
(DBN)

Portland Real Estate in August: Sales Up 2% YoY, Inventory Down 23% YoY
(DBN)

Homebuilder Comments in August: “Supply shortages are getting worse."
(DBN)

New Apartment Construction Perseveres in 2021
(DBN)

Mortgage rates remain near record lows — so why are homebuyer applications falling?
(DBN)

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Municipalities:

With most power restored after Ida, New Orleans welcomes back residents.
(DBN)

N.Y. Faces Tax Hike Over $9 Billion Debt for Jobless Checks
(DBN)

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Oil/Gas:

U.S. Crude Output Drops by Most on Record After Hurricane Ida
(DBN)

Hurricane-Damaged Oil Rig May Take Rest of This Year to Repair
(DBN)

Harvard to End Fossil Fuel Investments
(DBN)

To limit warming to 1.5°C, huge amounts of fossil fuels need to go unused
(DBN)

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Education:

Biden Administration Moves to Protect Schools in Mask Fight
(DBN)

Texas parent says school officials not providing "transparent" information about positive COVID-19 cases
(DBN)

LA Schools Are About to Mandate COVID Vaccines for 12-Year-Olds
(DBN)

Critical race theory turning school boards into GOP proving grounds
(DBN)

Don't tell students if their classmates get coronavirus, University of Delaware warns faculty
(DBN)

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Sports:

NFL opens to full stadiums as COVID-19 surges
(DBN)

____________

Pharma:

Drugmaker Endo settles opioid claims by New York, counties for $50 million
(DBN)

Biden admin backs direct government drug price negotiations
(DBN)

How asbestos saved the Sackler family from bankruptcy
(DBN)

Workers hailed as heroes fearing closure of antibiotic company would create national security threat
(DBN)

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Defaults:

2022 US Institutional Loan Default Rate Lowered to 1.5%, HY to 1%
(DBN)

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Religion:

Judge concerned about legal costs in diocese bankruptcy
(DBN)

Archdiocese of Santa Fe property auction promoted online
(DBN)

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Mass Torts:

This Controversial Move Could Save Johnson & Johnson Billions
(DBN)

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Politics:

How the Delta variant bottlenecked Biden’s presidency
(DBN)

The most dangerous Trump exposé
(DBN)

Trump endorses Cheney challenger 'Bring it': Cheney responds to Trump's endorsement in Wyoming primary
(DBN)

Trump wanted out of Afghanistan. Now he wants to bomb it.
(DBN)

McCarthy Takes House Proxy Voting Fight to Supreme Court
(DBN)

Majority of California Men Want Gavin Newsom Recalled, Majority of Women Don’t: Poll
(DBN)

Climate change, inequality and a recall vote: How the French Laundry embodies California
(DBN)

The Off-Mic Moment That Changed My View of Larry Elder Larry Elder's false and misleading claims in California recall race
(DBN)

There’s incompetent, and then there’s Arizona audit levels of incompetent
(DBN)

Lawsuits challenging new voting restrictions in Texas cite these constitutional protections
(DBN)

Big Tech Companies Helped Fund Far-Right Groups Pushing for Texas Abortion Ban
(DBN)

After 9/11, the U.S. Got Almost Everything Wrong
(DBN)

Declassifying the 9/11 Investigation
(DBN)

AZ canvass report draws nonsensical conclusions
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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)

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Bankruptcy Statistics:

High Medical Treatment Costs Create Debt Common in Bankruptcy Filings
(DBN)

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Nunc Pro Tunc:

Nunc Pro Tunc Approval Of Employment Application In Bankruptcy — Acevedo Distinguished (In re Moore)
(DBN)

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Aviation:

US probing 18 airlines over delayed refund complaints
(DBN)

Airlines: Rise in COVID cases hurting ticket sales
(DBN)

Airlines end a strong summer, but the Delta variant stifles momentum.
(DBN)

Delta Variant Could Further Hamper US Airline Industry
(DBN)

United, Southwest Air Pare Outlooks, Citing Rise in Virus Cases
(DBN)

American Airlines Is Holding Extra Cash as Market Stays ‘Choppy’
(DBN)

TSA to double minimum fines for air travelers who refuse to wear masks to $500
(DBN)

Biden administration sets goal of replacing all jet fuel with sustainable alternatives by 2050
(DBN)

How business travel may never be the same again
(DBN)

United lays out employee rules for vaccine United Airlines Employees With COVID-19 Vaccine Exemptions To Be Placed On Leave
(DBN)

Delta’s $200 a month experiment for changing unvaccinated minds could be working
(DBN)

“Double-testing” for Covid-19 in west Africa is significantly driving up travel costs
(DBN)

EasyJet rejects Wizz bid and raises $1.7 bln to go it alone
(DBN)

Once-Bankrupt Japan Airlines Raises $2.7 Billion as Covid Buffer
(DBN)

Owner of Troubled Airline Arrested in Mexico on Fraud Charges
(DBN)

LATAM Airlines receives several financing offers to exit bankruptcy -filing
(DBN)

Bankruptcy court allows PAL to draw from $505-M financing
(DBN)

Nok Air resets court hearing as creditors fail to agree
(DBN)

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Student Debt:

4 House Republicans oppose mass student-debt cancellation, saying it's unfair. They want a promise it won't happen.
(DBN)

Data shows only 20% of applicants for a student loan forgiveness program will receive relief by 2026
(DBN)

Join the Student Debt Week of Action
(DBN)

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Celebs:

‘The New York Times Presents: Framing Britney Spears’ examines the singer’s conservatorship
(DBN)

Erika Jayne Continues Teasing Lawyer Investigating Fraud In Thomas Girardi’s Bankruptcy, Likes Tweet Saying She’s ‘Playing Him’
(DBN)

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Food/Beverage:

With potential fines on the menu, restaurants grapple with New York City's vaccination mandates
(DBN)

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Autos:

GM extends shutdown of Bolt EV production amid recall and battery fires
(DBN)

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Climate:

Democrats Unveil Details of Sweeping Climate Change Spending Plan
(DBN)

How Arctic warming could be the cause of extreme cold-weather events
(DBN)

What Smart People Get Wrong About Climate Change Extremes
(DBN)

Extreme heat is extremely bad for the economy
(DBN)

Democrats Want a ‘Climate Corps.’ They Just Can’t Agree How to Create It Biden, Dems push Civilian Climate Corps in echo of New Deal
(DBN)

Record heat, fire danger plague West after hottest summer on record for U.S.
(DBN)

California has hottest summer on record
(DBN)

Blistering California Heat Triggers Call for Power Conservation
(DBN)

California Seeks to Avert Blackouts by Burning More Fossil Fuels
(DBN)

The U.S. just had its hottest summer, tying with "Dust Bowl" year of 1936
(DBN)

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Sovereigns:

Bypassing the Indenture Trustee?
(DBN)

Chad hopes for 'favorable opinion' from Glencore on debt restructuring, PM says Chad Presses Glencore to Expedite Talks on Debt Restructuring
(DBN)

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UK:

When is an insolvency proceeding not an insolvency proceeding - the use of Part 7 claims
(DBN)

Restrictions on Winding Up Petitions to Lift – But Not for All
(DBN)

UK employers face worst shortage of job candidates on record
(DBN)

1.6 Million Britons Still on Furlough as Job Support Winds Up
(DBN)

UK economic recovery slows as spending falls U.K. Economy’s Coronavirus Rebound Grinds to a Halt in July
(DBN)

Ince snaffled massive £1.5 million in UK furlough payments
(DBN)

Mishcon de Reya votes to float on London Stock Exchange
(DBN)

____________

EU:

ECB to scale back bond buying as economy recovers
(DBN)

Europe's Smallest Economies
(DBN)

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Canada:

Not all debtors get a fresh start after bankruptcy
(DBN)

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MENA:

Algosaibi bankruptcy deal highlights effective Saudi reforms
(DBN)

Around 200 foreigners leave Afghanistan on commercial flight to Qatar Taliban officials say that international flights at the Kabul airport will resume. Taliban detain, beat journalists covering Kabul protests Taliban Quietly Bring Back Notorious Vice Ministry That Patrolled Streets With Whips White House approves ‘partnership’ with vets evacuating U.S. citizens, Afghan allies ‘Worse than it was before’: Afghan exiles lament their homeland’s fate US says Taliban ‘businesslike and professional’ in Afghan evacuation As flights resume, plight of Afghan allies tests Biden’s vow U.S. flags 44 Afghan evacuees as potential national security risks over past two weeks, vetting reports show
(DBN)

Krugman: Foreign Terrorists Have Never Been Our Biggest Threat
(DBN)

Israel will reopen to small groups of vaccinated tourists after the High Holy Days.
(DBN)

No Vaccines, Tests Needed for Millions Visiting Dubai’s Expo
(DBN)

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Australia:

Sydney pubs to open in mid-Oct as end of COVID lockdown looms - with cases set to rise
(DBN)

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India:

Corporate insolvency filings reduce in Q1FY22, after lifting of moratorium
(DBN)

Critique on the Standing Committee Report on Implementation of Insolvency and Bankruptcy Code - Pitfalls and Solutions
(DBN)

‘£3k just to hold the bed’: Exorbitant Covid care costs push Indians into poverty
(DBN)

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China:

Concern in China over real estate company Evergrande credit downgrade Major Chinese property developer on the brink of default Angry Evergrande Homebuyers Protest Against Construction Halt
(DBN)

China coal-fired power companies on the verge of bankruptcy petition Beijing to raise electricity prices
(DBN)

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