September 17, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Akin Gump nixes October office return, setting no new target
(DBN)

From Great Recession To Great Resignation To What?
(DBN)

Drop time-based billing, say in-house lawyers
(DBN)

Backseat, Freezing Meetings: How Cooley Opened a Chicago Office
(DBN)

Female lawyers still underrepresented, especially in partnership ranks; which law firms do best? This Biglaw Firm Is Doing A Pretty Good Job Making Women Equity Partners
(DBN)

Mintz plucks partners from McDermott, Brown Rudnick
(DBN)

Bar Exam Scores Dip... Time For Everyone To Freak Out!
(DBN)

Don't Call It Overenrollment -- This Law School's 1L Class Is Just Pleasantly Plump
(DBN)

Dentons Mum on Sudden CEO Ouster While Defending His ‘Success’
(DBN)

From Manhattan to Minneapolis, ripples spread from Big Law raises
(DBN)

Being A Good Law Firm Associate Can Be A Bad Thing
(DBN)

Lawyer is censured for delaying treatment of her son after she accidentally shoots him After Shooting Son And Leaving Him Bleeding For 2 Hours, Lawyer Outraged Over Censure
(DBN)

Foley & Lardner can defend itself against malpractice claim, D.C. judge says
(DBN)

Bail set at $55,000 for man accused of attempting to stage Alex Murdaugh's suicide Alex Murdaugh Finally Arrested for Trying to Orchestrate His Own Killing Our First Look at Embattled South Carolina Lawyer Alex Murdaugh Behind Bars Lawyer is charged with insurance fraud for allegedly hiring ex-client to kill him
(DBN)

A 40-year friend of a Capitol Police officer reported him to the FBI for disclosing the secure location of lawmakers on January 6, report says Trump offers sympathy for those charged with Jan. 6 offenses Trump says he sides with Jan. 6 riot defendants, as cops brace for Capitol rally Paranoia drives many Trump supporters to avoid weekend 'Justice for January 6' rally Lindsey Graham: Police need 'to take a firm line' with Sept. 18 rally attendees Trump thinks the Sept. 18 rally in support of Capitol riot suspects is a setup designed to make him look bad, report says Jan. 6 panel says it is reviewing Milley actions Roger Stone served 'a big, big stack of papers' from Capitol riot lawsuit during radio interview Senate offices closing ahead of "Justice for J6" demonstration
(DBN)

Mercers Gave $20M to Help Overturn Election
(DBN)

Women Are Nearly Half of New Gun Buyers, Study Finds
(WSJ)

Dershowitz: Texas abortion bounty approach could be adopted in states that want to ban handgun ownership
(DBN)

Van-Life Couple Got Into Physical Fight Days Before 22-Year-Old Vanished, Police Docs Reveal
(DBN)

Durham seeking indictment of lawyer with ties to Democrats: reports John Durham Probe Closes in on Former Hillary Clinton Campaign Lawyer and Perkins Coie Partner Trump-Era Special Counsel Indicts Lawyer Tied to Hillary Clinton
(DBN)

Arizona AG Admits Suit Over Biden Vaccine Rules Is a ‘Long Shot’
(DBN)

Ken Paxton Clears Ken Paxton of Any and All Crimes
(DBN)

Top law firms vow to fight Texas abortion law, even if it costs them
(DBN)

Swing voters oppose Texas abortion law
(DBN)

8-Year-Old Boy Was 'Forced to Watch the Murder of His Aunt' by Police in Texas, Lawsuit Alleges
(DBN)

U.S. authorities along the southern border stopped migrants 209,000 times in August
(DBN)

TX Gov orders 6 entry points along border shut Can Texas Governor Greg Abbott close points of entry at border? Not unless he's asked.
(DBN)

Judge orders Biden to stop using Trump border policy to expel families
(DBN)

Appeals Court Issues Thorough Takedown of District Court Ruling Which Barred Biden’s Enforcement Priorities for ICE
(DBN)

Two Dozen Democratic AGs Warn Judge That Texas' 'Lawless' and 'Evasive Scheme' to Sidestep Roe v. Wade Will Put States’ Health Care Under 'Untenable Strain'
(DBN)

A jogger was killed in a hit-and-run. Police say a teen trying to 'scare him' did it, then laughed about it.
(DBN)

California Mom Convicted of Killing Newborn Baby with Lethal Amount of Meth 'Passed Through to the Child in Her Breast Milk'
(DBN)

'This Guy Is a Piece of Work': Democratic State Lawmaker Charged with Smuggling Handcuff Key into Jail After Third Bond Violation
(DBN)

Rikers Island jail spirals into chaos amid pandemic
(DBN)

______________

Judges:

Justice Stephen Breyer Is NOT A Fan Of The Supreme Court's 'Shadow Docket'
(DBN)

Before camera was found in Caroline County judge’s cabin, parents of boy he took on trips had conversations about safety
(DBN)

Judge is admonished after joining Facebook group calling for recall of reform-minded DA
(DBN)

Conservative Drags Right-Wing Legal Legend Because His Dad Was Murdered
(DBN)

______________

Wall Street:

Stock futures are flat as investors remain cautious about September
(DBN)

US stocks close mixed as traders digest new economic data ahead of Fed policy meeting
(DBN)

______________

Retailing:

Sears is shutting its last store in Illinois, its home state
(DBN)

Retail Sales Increased 0.7% in August Retail sales surge in August despite spread of delta and signal economy is still strong
(DBN)

FedEx to hire 90,000 new employees ahead of the holiday, nearly 30% more than last year
(DBN)

Will a Post-Bankruptcy ABC Carpet & Home Still Be Over-the-Top Maximalist?
(DBN)

____________

Sports:

These NFL teams are requiring fans to get vaccinated before entering their stadiums
(DBN)

____________

Theatre:

Broadway's workers kept hope alive when their industry went dark
(DBN)

____________

Celebs:

'RHOBH' Star Erika Jayne Spotted Looking For Bargain Clothes At TJ Maxx As Bravo Star Fights Off $25 Million Lawsuit RHOBH star Erika Jayne rips fan who tells her to go back to strip club job after divorce, bankruptcy & fraud lawsuit
(DBN)

____________

Pharma:

The Justice Department Moves To Block The Purdue Pharma Sackler Bankruptcy Deal U.S. Seeks to Block Bankruptcy Plan That Would Free Sacklers From Opioid Claims DOJ appeals Purdue Pharma bankruptcy deal, aims to pause approval order
(DBN)

____________

Healthcare:

Bankruptcy Trends in Health Care
(DBN)

September 16th COVID-19: Over 180 Million Fully Vaccinated
(DBN)

This Calculator Estimates Your Risk of Getting Covid-19
(DBN)

660,000 Flags Mark Covid Deaths on National Mall
(DBN)

Hospitals in West struggle to find beds for critically ill amid Covid surge Idaho hospital forced to turn away hundreds of transfer patients amid Covid surge Idaho Extends Health Care Rationing Statewide Due to Virus
(DBN)

Overfilled ICUs put non-COVID patients' health at risk: "These are people suffering unnecessarily"
(DBN)

Hospital staff must swear off Tylenol, Tums to get religious vaccine exemption
(DBN)

Why California Has One of the Lowest Covid-19 Rates in the Nation
(DBN)

33% of Covid Patients Suffer Long Covid
(DBN)

Pandemic frustrations zero in on unvaccinated Americans
(DBN)

Anti-vaxxers are not a monolith, and viewing them as 'immoral crystal-lickers' gets us nowhere
(DBN)

CDC hindered pandemic response, Gottlieb says
(DBN)

U.S. booster shot campaign in question as FDA prepares for key decision A key part of Biden’s plan to combat Covid at risk as FDA meets on booster shots The COVID-19 booster debate is a mess. Here's why we'll probably get extra shots anyway.
(DBN)

COVID cases are falling, but deaths are rising
(DBN)

More kids hospitalized with Covid, but experts aren’t sure if they’re sicker, too
(DBN)

Scientists continue to say there isn't enough evidence to support giving COVID-19 boosters to all Americans
(DBN)

Her father died from COVID-19. Now she's grappling with her family's church supporting religious exemptions from the vaccine.
(DBN)

Adventuring abroad? Avoid these 9 countries with high COVID risk, CDC says
(DBN)

'It doesn't have to happen': Covid is leading cause of death among law enforcement
(DBN)

Led by the nose: Meet the UAE's COVID-19 sniffer dogs
(DBN)

Third Wave of Virus Infections Continues to Rage in Africa
(DBN)


____________

Economy:

U.S. jobless claims shoot higher after Hurricane Ida, but still near pandemic low US weekly jobless claims shoot up to 332,000 in first week after federal boost's expiration
(DBN)

Dear Fed, Where Has All the Money Gone?
(DBN)

Online purchases boost U.S. retail sales; labor market recovering
(DBN)

U.S. Business Inventory Accumulation Slows in July
(DBN)

Labor shortage poses biggest threat to US economy, most CFOs say
(DBN)

Inflation Soared in Some U.S. Cities, Barely Budged in Others
(DBN)

Biden calls out US billionaire wealth surging $1.8 trillion during the pandemic: 'It's simply not fair'
(DBN)

One chart shows how the Democratic tax plan helps most Americans a lot more than the Trump cuts
(DBN)

Growth of NY service sector business activity slowed in September, survey finds
(DBN)

The gender pay gap shrank in 2020, but not because companies started paying women more
(DBN)

Powell orders ethics review after Fed presidents disclosed multimillion-dollar investments
(DBN)

Philly Fed factory index jumps in September as price pressures ease slightly
(DBN)

Milestone: Industrial production reached pre-pandemic levels
(DBN)

America fought the pandemic economy — and won
(DBN)

Remote work revolution: 1 in 6 will quit their job if they can’t continue working from home
(DBN)

60% of millennials earning over $100,000 say they're living paycheck to paycheck
(DBN)

Mitch McConnell warns that Republicans won't back down from vow to force Democrats to raise debt ceiling alone: 'Do you guys think I'm bluffing?' The debt ceiling stare down IMF says U.S. should avoid debt limit 'brinkmanship,' consider replacement
(DBN)

Biden bombs with Manchin
(DBN)

At an economic inflection point, Biden leans into expansive, populist agenda
(DBN)

Think you’ll stop working in your 60s? Get real
(DBN)

'Older generations aren't protecting us': Anxious about climate, 4 in 10 young people may not ever have kids, major survey shows
(DBN)

Biden to outline 'a fair shot' for the middle class in tax plan speech
(DBN)

Biden goes after top 1 percent in defending tax hikes
(DBN)

Budget bill reopens moderate vs. progressive divide for Dems
(DBN)

Los Angeles reportedly to begin requiring bargoers be vaccinated
(DBN)

Proof of COVID-19 vaccination required to enter Maui County restaurants, bars, gyms under new rules
(DBN)

Biden enlists business leaders in campaign for vax mandates
(DBN)

Laws that deter companies from going public cost our economy dearly
(DBN)

Biden's economic case for green cards
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

The Collective Collapses as Co-Living Firm Fails to Find a Buyer
(DBN)

Home buyers are applying for mortgages at the highest rate since April — what does that say about the housing market?
(DBN)

What’s behind the sharp decline in mortgage delinquencies?
(DBN)

U.S. Mortgage Rates Dip Slightly to Lowest in Almost a Month
(DBN)

'It's Groundhog Day for mortgage rates.' As interest rates hold steady, the housing market could be getting its second wind
(DBN)

Three-quarters of homebuyers faced bidding wars in April. Now it’s about half. Here are cities with most & least bidding wars, and tips for winning.
(DBN)

The housing crisis is the top concern for urban residents
(DBN)

Household Formation Drives Housing Demand
(DBN)

Newsom Abolishes Single Family Zoning in CA.
(DBN)

____________

Municipalities:

PR's government revokes law Oversight Board considered using for new bonds
(DBN)

10 US cities, including New York, DC, and San Francisco, lost almost all their business travel revenue this year
(DBN)

____________

Oil/Gas:

This oil industry group sued its environmentalist critics and landed itself in bankruptcy
(DBN)

Ranger Energy Services, Inc. Agrees to Acquire Basic Energy Services Assets From Chapter 11 Bankruptcy
(DBN)

Exxon and BP called to testify on climate after ‘troubling’ new documents
(DBN)

Chevron CEO Warns of High Energy Prices and Supply Crunches
(DBN)

Democrats Probe Oil Giants for Misleading Claims on Climate
(DBN)

Los Angeles County supervisors vote to end oil, gas drilling
(DBN)

Ford adds jobs to meet soaring demand for electric F-150 Lightning
(DBN)

28% of Oil in the Gulf is Still Offline
(DBN)

____________

Education:

University set to unenroll dozens who broke vaccine rules
(DBN)

Our School Board Refused To Mandate Masks. Now Things Are Bad. Really Bad.
(DBN)

Vast Majority of Americans Support School Mask Mandates Despite Protests
(DBN)

In the showdown over masks in K-12 schools, who will blink first?
(DBN)

Two large California school districts to vote on student vaccine mandates
(DBN)

National Guard to drive kids to school amid bus driver shortage in Massachusetts
(DBN)

Almost 5,500 Chicago students, staff potentially exposed to COVID-19 in first two weeks of school
(DBN)

Alabama mom accused of boarding school bus, fighting 11-year-old student
(DBN)

Lawsuit seeks $1M after Michigan teacher cuts girl's hair
(DBN)

____________

Non-Profits:

NRA Says Its ‘Corporate Death’ Unwarranted in New York Lawsuit

____________

Coal:

Coal Funding Persists Even as Climate Concern Grows, Report Says
(DBN)

____________

Nursing Homes:

Aides at U.S. nursing homes were least likely to be vaccinated, a study shows.
(DBN)

____________

Politics:

Blinken cracks up at hearing over GOP senator's conspiracy theory
(DBN)

FactCheck: Biden’s shaky claims on jobs, gasoline
(DBN)

FactCheck: Did Gen. Mark Milley overstep on nuclear launch meeting, call to China?
(DBN)

Arizona Supreme Court denies state Senate's appeal to avoid releasing election audit records
(DBN)

Trump's election fraud claims pose risks for GOP in midterms
(DBN)

Barr Warned Trump He Would Lose Election Over His 'Grievances', New Books Says
(DBN)

Paul Ryan researched narcissistic personality disorder after Trump win, book claims
(DBN)

Then-CIA director Gina Haspel said Trump's post-election behavior was 'insanity' and he was 'acting out like a 6-year-old with a tantrum,' book says
(DBN)

Nancy Pelosi wondered after the Capitol riot if there was anyone at the White House who wasn't kissing Trump's 'fat butt': book
(DBN)

Trump was fixated on the Navy's new supercarrier and ranted to military leaders that the ship 'just doesn't look right': book
(DBN)

France says Biden acted like Trump in Australian submarine deal Why Australia wanted out of its French submarine deal
(DBN)

Kansas to pay $1.4M to ACLU, attorneys over Kobach voter registration law
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (0 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (41 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)

______________

Bankruptcy Crimes:

Jailed Hedge Fund Boss Kamensky Has N.Y. Law License Suspended
(DBN)

____________

Guaranties:

Lenders Beware: The Effect of Bankruptcy on Personal Guaranties
(DBN)

____________

Sanctions:

Sanctions in the Michigan Election Case and in Bankruptcy Court (Pt. 2)
(DBN)

____________

Subchapter V:

Ninth Circuit BAP Opinion In Subchapter V Case: On Authority To Sign Petition (In re SSRE Holdings)
(DBN)

____________

Safe Harbors:

District Court Considers “Overarching Transfer” When Applying Bankruptcy Safe Harbor
(DBN)

____________

Cross-Border:

The New Cross-Border Arrangement Between Hong Kong and Mainland China on Insolvency and Restructuring Matters – A Comparison with Chapter 15 of the United States Bankruptcy Code
(DBN)

____________

Aviation:

United Airlines down: Travel company experiencing system-wide outage causing issues boarding and using website
(DBN)

Southwest Airlines is giving fully vaccinated staff 16 hours extra pay - and cutting special sick pay for unvaccinated workers who catch COVID-19
(DBN)

Nearly 10,000 flyers took Covid tests — here’s how many infections got through
(DBN)

United Airlines CEO says employees exempt from vaccine 'won't be in front of customers' United says about 90% staff vaccinated ahead of company deadline
(DBN)

Hundreds of former international flight attendants accuse United Airlines of discrimination
(DBN)

White House plans new system for international travel, contact tracing rules
(DBN)

Airlines and travel firms face millions in claims after applying wrong passport rules
(DBN)

Hawaiian Airlines reveals new in-flight video teaching visitors how to travel respectfully to the islands amid calls for tourists to stay home
(DBN)

Which EU countries are open to US tourists? A breakdown of EU travel restrictions by country
(DBN)

Biden's 'incomprehensible' travel ban on European visitors widens transatlantic rift
(DBN)

BA’s ‘Carbon Neutral’ Flight Exposes Problems Cutting Emissions
(DBN)

AirAsia X aims for end-Oct creditor meetings as talks progress
(DBN)

____________

Food/Beverage:

For restaurants, the economic recovery is 'moving in reverse'
(DBN)

The entire staff of a burrito restaurant in Georgia quit, posting a sign in the window about pay, hours, and a 'lack of appreciation'
(DBN)

____________

Mass Torts:

Andrew McCabe says Nassar case represents 'worst dereliction of duty' he's seen at FBI
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 13.6% Compared to Same Week in 2019
(DBN)

Hard times for hotels
(DBN)

____________

Religion:

An LDS bishop was removed from his Idaho post. He faces multiple sexual abuse charges
(DBN)

____________

Accounting:

Malaysia says auditor KPMG to pay $80 million in 1MDB settlement
(DBN)

____________

Student Debt:

Student loan forgiveness: Education Department discharges $1.1 billion in debt for 115,000 ITT students
(DBN)

____________

Crypto:

Mark Cuban says crypto regulation wouldn’t necessarily be a bad thing
(DBN)

____________

Fraud:

Ex-Cooley lawyer jailed for audacious fraud
(DBN)

More money on way for Bernard Madoff victims, total payouts top $18 billion
(DBN)

SEC Gives Whistle-Blower $110 Million in Second-Biggest Payout
(DBN)

A man who called himself a 'concerned citizen' and defended Theranos founder Elizabeth Holmes to reporters at her fraud trial turned out to be her boyfriend's dad
(DBN)

A crypto hedge fund manager was sentenced to over 7 years in prison for running a Ponzi scheme
(DBN)

Elizabeth Holmes’s Lawyer Pokes at Whistle-Blower, Delicately
(DBN)

____________

Climate:

UN climate summit warning signs are adding up
(DBN)

In areas hit hard by climate change, only the rich can afford to stay
(DBN)

Climate migration is already happening — for homeowners who can afford it
(DBN)

Countries "nowhere near" climate change targets, watchdog says
(DBN)

____________

UK:

Monthly Insolvency Statistics
(DBN)

Over 40% of larger UK businesses struggling to recruit
(DBN)

U.K. to Ask Voters Which EU Rules Should Be Scrapped Post Brexit
(DBN)

____________

Italy:

Italy Is First EU Country to Require Covid Pass for All Workers
(DBN)

____________

China:

As China Evergrande's debt crisis deepens, unpaid small business owners speak of despair Protesters taken away outside China Evergrande headquarters China’s Nightmare Evergrande Scenario Is an Uncontrolled Crash China’s Evergrande to Let Angry Investors Bid on Discounted Properties Evergrande Key Shareholder Sells Another $11 Million Amid Crisis Chinese developer Evergrande is on the brink of default. Here’s why it matters
(DBN)

____________

Thailand:

Thai Tourism Reopening Plan Stokes Concerns of Virus Resurgence
(DBN)

____________

India:

Rare Plea by Judge Shows Disarray in India’s Bankruptcy Courts
(DBN)

IFSC can act as a stepping stone for insolvency reforms
(DBN)

Moratorium under IBC applies only to corporate debtor not to promoters: SC
(DBN)

His Term Cut Short, Bankruptcy Court Judge Requested 3 More Days
(DBN)

____________

Hong Kong:

Restructuring & Insolvency in Hong Kong
(DBN)

____________

MENA:

Billions in aid funding for Afghanistan at risk of Taliban misuse, corruption
(DBN)

____________


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