September 20, 2021


The Daily Bankruptcy News

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Law:

Top Biglaw Firm Will Keep Associates, Staff ‘On Call’ Instead Of Naming Third Potential Reopening Date
(DBN)

Behind Alex Murdaugh's 'fall from grace': Drug addiction fueled by opioid epidemic
(DBN)

Most law schools brought in larger 1L classes. Will the class of 2024 find jobs?
(DBN)

General counsel have ESG jitters even as efforts increase
(DBN)

The Florida Biglaw Firm At The Top Of The Charts
(DBN)

Why Are Some Law Teachers Called 'Instructor' Rather Than 'Professor'?
(DBN)

Early Signs Point To Lower July 2021 Bar Exam Pass Rates
(DBN)

Perkins Coie partner resigns from firm after he is charged by special counsel • Perkins Coie Partner Indicted Because He Forgot To Bill To 'Professional Reading'
(DBN)

Should The ‘White Shoe’ Label For Biglaw Firms Be Canceled?
(DBN)

Gender affects access to courts and treatment in the justice system, Washington state study says
(DBN)

Constitution Day Is The Perfect Day To Remind You We Still Don't Have Equal Rights
(DBN)

California synagogue shooter pleads guilty to more than 100 federal hate crimes
(DBN)

Judge: Prosecutors can’t show Rittenhouse link to Proud Boys • In Tense Hearing, Kyle Rittenhouse Defense Convinces Judge to Throw Out Significant Portions of the Government's Case • Kyle Rittenhouse Judge Says 'White Power' Gesture Reminds Him of 'Chef Boyardee,' Warns 'Proud Boys' Link to Defendant Would Be 'Poison' at Trial
(DBN)

N.Y. lawyers charged over Molotov cocktail hope to finish plea talks soon
(DBN)

Thousands of Haitian migrants held under Texas bridge after crossing border • Over 10,000 migrants await processing under bridge in Texas • Part of Texas border closed where thousands of Haitians crossed • US ramps up plan to expel Haitian migrants gathered in Texas • Thousands of Haitian migrants fleeing disaster and unrest seek asylum at Del Rio bridge • U.S. authorities accelerate removal of Haitians at border with Mexico • Haitians on Texas border undeterred by US plan to expel them • US closes part of Texas border, begins flying Haitians home • U.S. begins deportation flights to Haiti from Del Rio
(DBN)

US Border Patrol hires civilians to free up agents for field
(DBN)

Dems' immigration plan hits major roadblock
(DBN)

Biden administration appeals order to stop expelling migrants under Trump Covid policy
(DBN)

Police confirm they’re speaking with family of Gabby Petito’s boyfriend • Family says Laundrie is now missing; Petito still not found • Authorities are searching for Gabby Petito’s boyfriend • Search resumes for man whose girlfriend disappeared on trip • Agents search in Wyoming for woman, in Florida for boyfriend • FBI says human remains found in Wyoming likely Gabby Petito
(DBN)

Pro-Rioter ‘Justice for J6’ Rally Draws ‘Dozens’ of Attendees, ‘Hundreds’ of Cameras • The Justice for J6 rally is Trump supporters’ attempt at revisionist history • On the front lines of the U.S. homicide epidemic: Milwaukee faces historic violence • Capitol Police Make Four Arrests Surrounding 'Justice for J6' Rally in Support of Jan. 6 U.S. Capitol Breach • Man Who Allegedly Joined 'Fight for Trump' Crowd and Wore 'All Black' to Pose as Antifa Pleads Not Guilty in Jan. 6 Case • Alleged QAnon-Supporting Medical Doctor Thought the Capitol Was the White House on Jan. 6. He Just Pleaded Guilty.
(DBN)

On the front lines of the U.S. homicide epidemic: Milwaukee faces historic violence
(DBN)

Prosecutor: Jurors conclude Durst heir ‘killed them all’
(DBN)

Former California officers indicted for allegedly beating Black teen
(DBN)

North Carolina judges strike down state’s voter ID law • North Carolina Court Issues Permanent Injunction Against State's Voter ID Law Because of 'Discriminatory Purpose' Against Black Residents
(DBN)

Federal Court Blocks Enforcement Of Florida's New Anti-Riot Law
(DBN)

Texas doctor says he performed an abortion in violation of state law
(DBN)

One state steps in as Texas bans abortions: 'No one will be turned away'
(DBN)

'I Never Felt So Violated': Former Florida Cop Charged With Sexual Battery For Allegedly Forcing His Finger into Man's Anal Cavity During Traffic Stop
(DBN)

Federal Judge Advances Muslim Women’s Lawsuit: Former NYPD Policy Forcing Hijab Removal Was Unconstitutional
(DBN)

Phoenix Mom Used Combination of Drugs to Murder 2 Young Daughters Who She Believed Had COVID: Police
(DBN)

Three shot as family fight over gifts at Pa. baby shower erupts into gunfire
(DBN)

Times Square stormed by anti-vaxxers protesting in NYC
(DBN)

Mother Dragged Eight-Year-Old Daughter 300 Feet with Car As Child Tried to Stop Her From Driving Drunk: Police
(DBN)

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Judges:

Only 37% of US voters approve of Supreme Court’s handling of its job, poll finds
(DBN)

Clarence Thomas says Supreme Court could be "most dangerous" branch • Justice Thomas Is Shocked And Saddened At Suggestion SCOTUS Is A Bunch Of Ideological Hacks • Justice Thomas says media jeopardizes faith in legal institutions by equating decisions with personal views • Justice Clarence Thomas Blames Judges for Politicization of the Courts, Slams the 'Craziness' of His Confirmation Hearings, and Jokes That He Definitely 'Didn't Go Watch Hamilton'
(DBN)

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Wall Street:

Dow futures extend losses to fall 450 points after index notches three straight weeks of losses
(DBN)

Wall of Worry Builds as Key Week for Markets Has Shocking Start
(DBN)

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Layoffs:

Sky Chefs Airline Catering Company Lays Off Hundreds of Employees
(DBN)

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Food/Beverage:

Footage shows new details after NYC restaurant incident over proof of vaccination • Restaurant Patrons from Texas Send NYC Hostess to the Hospital After She Asked About the Group's Vaccination Status (VIDEO)
(DBN)

Restaurant Owner Explains No-Mask Policy After Asking Family To Leave
(DBN)

A Florida BBQ restaurant shut down after being left with just 4 employees. 'No one wants to work,' its owner said.
(DBN)

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Retailing:

As Sears Cuts Its Illinois Roots, A New Generation of Super-Retailers Watches — And Waits
(DBN)

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Celebs:

‘RHOBH’ Erika Jayne Claps Back at Critic Over TJ Maxx Shopping Photos as Tom Girardi’s Bankruptcy Auction Only Brings in $231K For Alleged Victims and Creditors
(DBN)

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Religion:

Pope Francis urges bishops to listen to survivors of sexual abuse
(DBN)

Probe of Southern Baptist sex abuse response moves forward
(DBN)

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Pharma:

Use of OxyContin profits to fight opioids formally approved
(DBN)

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Sports:

Anti-vax NFL star Cole Beasley offers to buy unvaccinated fans tickets to Buffalo Bills games played on road
(DBN)

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Mass Torts:

Boys Scouts Twin Rivers Council to pay $2.53 million for survivors of sex abuse
(DBN)

____________

Theme Parks:

Amid reports of homelessness and food insecurity, 25,000 employees sue Disneyland for better pay
(DBN)

____________

Pharma:

DOJ Moves To Block Purdue Pharma Bankruptcy Deal That Shields The Sacklers • Connecticut to appeal Purdue bankruptcy plan
(DBN)

Johnson & Johnson gears up for showdown over reorg votes with ex-talc supplier • The pharma king’s gambit: J&J may use Texas law to reduce payouts to ovarian cancer victims
(DBN)

Sinema tells White House she’s opposed to current prescription drug plan • Drug companies on verge of sinking longtime Democratic priority
(DBN)

____________

Tax:

How Accounting Giants Craft Favorable Tax Rules From Inside Government
(DBN)

____________

Utilities:

PG&E Plans to Cut Power With Fire Risk Returning to California
(DBN)

____________

Climate:

UN warns of "catastrophic" climate change failure without more emissions cuts
(DBN)

Carbon math put G20 leaders in the hot seat
(DBN)

Aluminum wrap used to protect homes in California wildfires
(DBN)

California wildfires burn into groves of giant sequoia trees
(DBN)

Biden, world leaders push climate action, vow methane cuts
(DBN)

Illegal marijuana farms take West’s water in ‘blatant theft’
(DBN)

Drought tests centuries-old water traditions in New Mexico
(DBN)

The Unconventional Weapon Against Future Wildfires: Goats
(DBN)

Rich Nations to Miss Climate Fund Goal Even by 2025, Oxfam Says
(DBN)

____________


Economy:

After years of being ‘squeaky clean,’ the Federal Reserve is surrounded by controversy
(DBN)

FOMC Preview: Tapering "Advance Notice" Likely
(DBN)

The Taper That Will Really Bite Into U.S. Growth Isn’t the Fed’s
(DBN)

Q3 GDP Forecasts: Around 4.5%
(DBN)

Employers say 'ghosting coasting' is a growing problem, but workers have their reasons for quietly walking away from a job
(DBN)

Reinhart and Rogoff See Government Dilemma Over Covid Debt Surge
(DBN)

World’s Wealthiest Families Gained $312 Billion Over Past Year
(DBN)

Forget about inflation hitting your wallet unless you're rich. The stuff wealthy people buy just got more expensive, a Harvard study shows.
(DBN)

White House warns GOP of serious consequences on debt ceiling • Five questions and answers about the debt ceiling fight
(DBN)

Delta perceptions lock Biden's economy in perpetual purgatory
(DBN)

Yarmuth and Clyburn suggest $3.5T package may be slimmed
(DBN)

U.S. poverty declined overall last year due to pandemic relief, Census says
(DBN)

Biden faces limits of $1.9T COVID aid as some states resist
(DBN)

It's never been more clear: companies should give up on back to office and let us all work remotely, permanently
(DBN)

The consumer's massive "war chest"
(DBN)

Congress is like a kid with a ‘box of dynamite’ when it comes to paying off the government's debt, JPMorgan says
(DBN)

Manchin: Delay Biden plan to '22
(DBN)

Biden pushes back at Democrats on taxes
(DBN)

Democrats' big bill faces a cliff-filled future • Dems vow to go the distance as September problems pile up
(DBN)

House Democrats Could Delay Sending Infrastructure Plan to Biden
(DBN)

Yellen: U.S. would be "permanently weaker" if debt limit not raised • Pelosi calls raising the debt ceiling a bipartisan responsibility • U.S. Default Date Is Estimate Congress Wants, Yellen Can’t Give • Yellen Renews Call to Raise Debt Limit to Avoid ‘Catastrophe’ • How a $1-trillion coin could solve the U.S. debt ceiling crisis
(DBN)

White House warns states of potential big cuts to Medicaid, school lunch and disaster relief programs if the US government defaults on its debt
(DBN)

Companies Getting Rid of Drug Tests Because Can't Find Enough Workers
(DBN)

NYC Returns to Hosting UN Week as New Yorkers Fear Covid Spike
(DBN)

Seattle area to require COVID-19 vaccine to enter indoor venues
(DBN)

Retail sales increase despite low expectations from Delta
(DBN)

IRS sends third child tax credit payments to 35 million families
(DBN)

Nancy Pelosi rips into capitalism, saying it ‘has not served our economy as well as it should’
(DBN)

Why a record number of container ships are backed up off the coast of California
(DBN)

Federal workers can be fired for refusing vaccination, but must show up to work until their cases are determined, new guidance says
(DBN)

Millionaires are worried about leaving their kids ‘too much’ money
(DBN)

Surging Fertilizer Costs Risk Making Food Even Pricier Next Year
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Lawler: Early Read on Existing Home Sales in August
(DBN)

Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased
(DBN)

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

Millennials just scored a housing victory over boomers in the California legislature. The fight to solve America's affordability crisis is on.
(DBN)

These are the hottest housing markets in America
(DBN)

California is ending a rule that helped cause its housing crisis
(DBN)

Inside young New Yorkers' 'wild ride' of Delta-era apartment hunting as they swarm 80-person open houses, realtors ghost, and rents skyrocket
(DBN)

Owners file bankruptcy to shield historic Black's Building from sheriff's sale
(DBN)

Americans Haven’t Been This Down on Housing Market Since 1982
(DBN)

The Global Housing Market Is Broken, and It’s Dividing Entire Countries
(DBN)

Urban Institute: Median 95% LTV for New Mortgage Originations (Only 5% Downpayment)
(DBN)

____________

Municipalities:

Suburbs take center stage as U.S. growth slows
(DBN)

Puerto Rico’s progress still stalled four years after Maria
(DBN)

Puerto Rico board reiterates pension cuts position
(DBN)

Puerto Rico's Control Board is violating the spirit of the law
(DBN)

____________

Oil/Gas:

The uncertain showdown between Democrats and Big Oil
(DBN)

Make drillers, not taxpayers, cover cleanup costs
(DBN)

Inside the world’s first diplomatic alliance to keep oil and gas in the ground
(DBN)

Canada’s Oil Patch Heads for Hospital Triage With Virus Raging
(DBN)

Two Industries Getting Slammed By Sky High Oil And Natural Gas Prices
(DBN)

New York outlaws selling new gas-powered new vehicles by 2035
(DBN)

____________

Education:

Most Kentucky school boards vote in favor of mask mandates
(DBN)

Michigan Teacher Who Cut Child's Hair at School Now Faces $1 Million Civil Rights Lawsuit
(DBN)

It’s time for our children to be taught the truth
(DBN)

Why the Culture Wars in Schools Are Worse Than Ever Before
(DBN)

Colleges tackling Covid get little traction with GOP-held capitals
(DBN)

____________

Batteries:

District Court Affirms Exide Confirmation Order Finding Third-Party Releases Appropriate and That Plan Satisfies Midlantic Standard for Abandonment of Contaminated Property
(DBN)

____________

Politics:

One stunning afternoon: Setbacks imperil Biden’s reset
(DBN)

Milley says calls to China were 'perfectly within the duties' of his job: report • Former Joint Chiefs chair: Nothing unusual about Milley’s contacts with China
(DBN)

Is the US headed for another Civil War?
(DBN)

Trump yelled 'I don't give a f---' at his defense secretary for opposing the troop deployments Trump wanted to quell unrest after George Floyd's murder, book says
(DBN)

General Milley told Trump the George Floyd protests were no big deal
(DBN)

Trump Put Milley in an Impossible Position
(DBN)

Trump, allies launch onslaught as midterms kick into gear • Buckle up for more Trump, courtesy of the Democratic Party
(DBN)

Beto plans Texas comeback in governor's race • Support for Abbott plunging in Texas: poll
(DBN)

Kevin McCarthy begged Trump to call Biden on the eve of his inauguration, but Trump refused: book • Kevin McCarthy convinced Trump to leave Inauguration Day note for Biden, book claims
(DBN)

France recalls envoy protesting Australia-US submarine deal • France’s Macron to talk to Biden amid crisis over submarines • Nuclear subs and a diplomatic blowup: The US-France clash, explained • Australia says France knew of ‘grave’ submarine concerns • U.S. and UK attempt to smooth tensions as France calls submarine snub a ‘crisis’
(DBN)

Biden falters in pledge to strengthen US alliances
(DBN)

Biden pitching partnership after tough stretch with allies
(DBN)

The Texas GOP sees Haitian migrants in crisis as a political opportunity
(DBN)

Ashcroft effectively admits that widespread vote fraud is a GOP myth
(DBN)

‘It’s spreading’: Phony election fraud conspiracies infect midterms
(DBN)

Nation's fraught politics leads to fear, scars and exits

Trump and Biden, living in different realities
(DBN)

AOC’s ‘Tax the Rich’ dress designer Aurora James owes debt in multiple states
(DBN)

Teen city councilman in Alabama who voted against masks has Covid-19
(DBN)

Elon Musk mocks President Biden after SpaceX completes first all-civilian mission
(DBN)

____________

 
New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (56 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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 Bankruptcy for Middle Market Debtors
(DBN)

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Miscellaneous:

Week Ahead in Bankruptcy: Sept. 20, 2021
(DBN)

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Aviation:

American kicks family with 2-year-old off flight, cites mask rules
(DBN)

Eastar Jet submits restructuring plans to court
(DBN)

Airbnb CEO Brian Chesky to herald "travel revolution"
(DBN)

Dubai’s Emirates to Increase U.S. Flights as Restrictions Ease
(DBN)

Lufthansa to Raise 2.14 Billion Euros by Offering New Shares
(DBN)

Airbus reaches deal to restructure AirAsia jet order -sources
(DBN)

____________

Autos:

America’s car crash epidemic
(DBN)

U.S. Probing 30M Vehicles Over Possible Airbag Defects: Rtrs
(DBN)

____________

Lehman:

Warren Buffett had at least 3 chances to bail out Lehman Brothers before it collapsed. Here's why he didn't take them.
(DBN)

____________

Healthcare:

Democrats push to retool health care programs for millions
(DBN)

The days of full covid coverage are over.
(DBN)

September 17th COVID-19: Over 180 Million Fully Vaccinated
(DBN)

Moderna's vaccine offers better protection against COVID-19 hospitalization than Pfizer or J&J, new CDC study finds • Big gap between Pfizer, Moderna vaccines seen for preventing COVID hospitalizations
(DBN)

Dr. Eric Topol says more Americans will eventually need a Covid vaccine booster
(DBN)

Biden faces booster plan blowback at home and abroad
(DBN)

Fauci: Vaccinating the unvaccinated remains the "highest priority"
(DBN)

Some Rich People Are Counting Their Antibodies ‘Like Calories’
(DBN)

Religious exemption to vaccine mandates may be difficult to obtain, as Amish case shows
(DBN)

Top doctors say not so fast to Biden’s boosters-for-all plan • The FDA's expert panel backs COVID-19 booster shots for adults 65 and older and those at highest risk of severe disease • Does everybody need a booster shot? • Fauci defends FDA panel, says it didn’t make a mistake rejecting booster Covid shots for all Americans • The COVID booster vaccine discussion is far from over
(DBN)

The dubious rise of ivermectin as a Covid-19 treatment, explained
(DBN)

A tale of two vaccines: The battles to fight polio and COVID-19
(DBN)

Israel sees highest-ever covid cases despite more than 80% of population vaxxed
(DBN)

Maskless San Fran mayor bucks health order at nightclub
(DBN)

Gavin Newsom signals more COVID-19 mandates could come after California recall
(DBN)

FL Passes 50,000 Deaths
(DBN)

'PRAY FOR ME': Laura Loomer Has Brutal Case of Covid After Claiming No Worse Than Food Poisoning
(DBN)

Scientists are getting closer to classifying long COVID as an autoimmune disease
(DBN)

Why You Should Get Vaccinated Even If You Had COVID-19
(DBN)

Mississippi reports rise in COVID-19 deaths among pregnant women
(DBN)

Africa’s Biggest City to Vaccinate 30% of Residents in a Year
(DBN)

Same goal, different paths: US, EU seek max vaccine rates
(DBN)

Chris Rock reveals he has Covid, urges people to 'Get Vaccinated'
(DBN)

____________

UK:

A (partial) phasing out of the current prohibitions on presenting UK winding up petitions?
(DBN)

Oldham expert's warning to struggling firms as ban on winding up petitions ends
(DBN)

Energy Firm Green Warns It May Not Survive Winter: Power Update • U.K. Energy Firms Seek Bailout as Government Talks Run On
(DBN)

The City of London Finally Gets Back to the Office
(DBN)

U.K.’s Johnson to Tell Bezos Amazon Must Pay Fair Share of Taxes
(DBN)

Creditors of failed private school could be set to lose £2m owed to them
(DBN)

____________

EU:

Europe Faces Worst Corporate Credit Supply Shortfall Since 2005
(DBN)

____________

Canada:

Bridal store bankruptcy leaves brides and industry insiders with questions
(DBN)

Laurentian University Faculty Association files claim against board of governors, senior administrators
(DBN)

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Ireland:

Potential 'tsunami' of businesses going bankrupt once subsidies end, warns economist
(DBN)

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Spain:

The Bankruptcy Reform Bill Is Not To Anyone’s Liking
(DBN)

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MENA:

Fearful US residents in Afghanistan hiding out from Taliban • 28 U.S. citizens depart Afghanistan on Qatar Airways flight • Biggest evacuation flight under Taliban rule departs Kabul for Doha • Pentagon Admits Afghan Massacre • Taliban replace ministry for women with one restricting them • Taliban-run Kabul municipality to female workers: Stay home • What the Taliban’s new government reveals about how they will rule • Two Afghans who trekked to France have lessons for evacuees • Taliban replace ministry for women with ‘virtue’ authorities • U.S. drone strike victims' families in Afghanistan seek compensation • CIA warned of kids near target of Kabul drone strike with seconds to spare: report • Afghan family ravaged by U.S. drone strike mistake wants headstones for the dead — and possible new life in America
(DBN)

Iran's Oldest And One Of Largest Banks On Verge Of Bankruptcy
(DBN)

Saudi conglomerate Algosaibi’s $7.5bn default settled after decade
(DBN)

____________

China:

Tycoon has fortune slashed by $27BILLION in one of biggest wealth drops ever as China cracks down on tech firms
(DBN)

Evergrande: Embattled China property giant sparks economy fears • Understanding Evergrande, the Chinese Real Estate Conglomerate That’s Nearing Collapse • Chinese property giant admits to misconduct by executives • What China developer Evergrande’s debt crunch means for U.S. investors • Evergrande Explained | One-off crisis or China’s version of Lehman Brothers? • China Evergrande is not ‘too big to fail’ • Investors brace for a great fall in China • A property titan in crisis: What went wrong at China’s Evergrande and what's next • Evergrande fall may have ‘domino effect’ on China’s properties: AllianceBernstein • Hong Kong’s Hang Seng index drops more than 3% as Evergrande shares plunge • European markets down 1.5% amid Evergrande concerns
(DBN)

Chinese Property Developer Halts Trading After Plunging 87%
(DBN)

HNA Group to be broken into four independent units as Chinese conglomerate’s restructuring enters final stretch
(DBN)

____________

Australia:

Australian police clash with anti-lockdown protesters, arrest nearly 270
(DBN)

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Japan:

Kyoto is facing bankruptcy. What happens now?
(DBN)

____________

Romania:

Romania’s leading insurer City Insurance heads towards bankruptcy after losing license
(DBN)

____________

Singapore:

Singapore’s daily Covid cases breach 1,000 for the first time since April 2020
(DBN)

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Philippines:

FRIA And Cross-Border Insolvency
(DBN)

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