September _, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Top 50 Biglaw Firm Says A Full Reopening In 2021 Is 'Unlikely'
(DBN)

More law firms scrap October return plans, opting to watch and wait
(DBN)

The Great Law Firm Reopening Tracker: Delayed Returns To Office Are Trending Due To Delta Variant
(DBN)

Newly minted lawyer challenges COVID restrictions in ‘impenetrable thicket’ of arguments
(DBN)

Alabama committee grapples with racism enshrined in state constitution as rewrite process begins
(DBN)

The Online Bar Exam Wasn't As Widespread As You Might Have Hoped
(DBN)

A millennial lawyer who quit her 6-figure job without another lined up took 4 steps first to make sure she could afford it
(DBN)

Why Do Lawyers Curse When They Work At Law Firms?
(DBN)

One lawyer's rise shows how vaccine misinformation can fuel fundraising and far-right celebrity
(DBN)

Law Student Armed With Shotgun Kills at Least Six at a Russian University
(DBN)

Law School Students And Faculty Are Fed Up With Emory Law's Reputation For Hurtful Slurs
(DBN)

Woman testifying against domestic violence suspect jailed after admitting to pot use that morning
(DBN)

Lawyer says ex-Trump Organization CFO is expecting more indictments • Donald Trump's lawyer says he's not worried prosecutors named Trump personally in the tax fraud indictment against his namesake company • More indictments expected in Trump Org tax case as judge plans summer 2022 trial • Trump Org Prosecutors Find New Evidence—in a Basement
(DBN)

Nunes Defamation Suit Sheds Redaction Bars, Is Somehow Even Grosser Than Expected
(DBN)

Cannabis Practices Sprout as Big Law Firms Follow the Money
(DBN)

Harvard says defense costs top $25 million in affirmative action case
(DBN)

Watch police trail a Tesla whose driver was suspected of a DUI and passed out while the car was reportedly on Autopilot
(DBN)

Supreme Court to hear Mississippi abortion case in December • Biden calls on U.S. Supreme Court to protect abortion rights • Supreme Court should uphold precedent in Mississippi abortion case, ABA amicus brief says
(DBN)

The Supreme Court has overturned precedent dozens of times in the past 60 years, including when it struck down legal segregation
(DBN)

Civil suit filed against Texas doctor who violated abortion ban in the first test of law's constitutionality • Convicted ex-lawyer files bizarre suit against doctor under Texas abortion law • Self-Described 'Disbarred and Disgraced Former Arkansas Lawyer' Sues Doctor Who Admittedly Violated New Texas Abortion Ban • How the new Texas abortion law turns the public into enforcers
(DBN)

Lawyer Asks Supreme Court To Go Ahead And Use Abortion Case To Not Leave Gay Rights 'Hanging By A Thread' While They're At It
(DBN)

Most Americans disagree with the Supreme Court decision on Texas’ abortion ban, a poll finds.
(DBN)

Democrats are told they can’t include immigration plans in budget bill
(DBN)

U.S. launches mass expulsion of Haitian migrants from Texas • U.S. will prioritize single adult Haitians, some families for deportation from Texas bridge throng • Haitians turn back to Mexico as U.S. takes aim at Texas migrant camp • Expelled from Texas, returned Haitians lament lost American dream
(DBN)

Determined migrants unfazed as deportations begin from Texas border
(DBN)

‘Not the Same’: Residents of Del Rio Feel the Impact of the Migrant Crisis
(DBN)

White House: Possible use of whips on Haitian migrants is ‘horrific’ • Ilhan Omar says video of Border Patrol agents on horseback whipping Haitian migrants amounts to 'human rights abuses' • ‘Extremely troubling’: Investigation launched into border agents on horseback seen chasing migrants
(DBN)

Biden to raise refugee cap to 125,000 in October
(DBN)

Denver City Council Questioning Scope of Street Enforcement Team
(DBN)

Cops Are Giving Out ‘Not Reaching Pouches.’ Twitter Calls Them ‘Don't Murder Me’ Bags.
(DBN)

Stockton Cops Charged With Assault After Leaving Boot-Print on Black Teen’s Face
(DBN)

St. Louis Lawyers Who Pointed Guns at Protesters Face Possible Suspension of Law Licenses • Missouri official asks court to suspend McCloskeys' law licenses
(DBN)

Prosecutors wrap up as R Kelly trial moves into next stage
(DBN)

Harvey Weinstein again pleads not guilty to rape and sex assault charges
(DBN)

‘Extremely Worried’ Prince Andrew Holds Crisis Talks as Legal Hide-and-Seek Strategy Unravels and Backfires • Prince Andrew is served sexual assault lawsuit in United States
(DBN)

Kathie Durst's Family Demands Westchester 'Do the Right Thing' Now That Robert Durst Has Been Convicted of Murder. Here's What the DA's Office Had to Say.
(DBN)

FBI, police search Florida home of Gabby Petito's fiancé
(DBN)

FBI says fortune seized in Beverly Hills raid was criminals' loot. Owners say: Where's the proof?
(DBN)

Clinton lawyer's indictment reveals 'bag of tricks'
(DBN)

A mother and daughter in LA have been charged with murder after performing an illegal butt lift operation, police say
(DBN)

Mother Faces Attempted Murder Charge After Plunging Car with Kids Inside Off of a California Cliff and into the Ocean
(DBN)

Alabama Neurosurgeon Charged with Murdering Medical Student in Drunken 138-MPH Crash
(DBN)

A fight about gifts broke out at a Pennsylvania baby shower. The expectant father shot 3 guests, police say.
(DBN)

Indiana Man Arrested for Repeatedly Calling 911 to Say He Was 'Tired' and That Female Family Member 'Was Not Following His Rules'
(DBN)

______________

Judges:

SDNY courthouses adopt vaccine requirement for employees, judges
(DBN)

BK ND CA Seeks term Law Clerk
(DBN)

Senate confirms Colorado public defender to be federal appeals judge
(DBN)

At the Supreme Court, a Plea to Reveal Secret Surveillance Rulings
(DBN)

The Author Of Your Constitutional Law Textbook Thinks Supreme Court Justices Are 'Partisan Hacks'
(DBN)

We're watching the implosion of the Supreme Court in real time
(DBN)

The Gaslighting Of Stephen Breyer
(DBN)

Judge is suspended for advice on how to let women know ‘you’re the man’ without physical violence
(DBN)

______________

Wall Street:

US stock futures rebound after Evergrande crisis sparks worst sell-off since May, as oil recovers lost ground • Dow futures rebound more than 300 points following Monday’s big sell-off
(DBN)

Dow plummets 500 points as Evergrande contagion fears ripple across markets • Dow slides 800 points as market rout deepens, on track for worst day since October 2020 • Dow tumbles 900 points as Wall Street's fears turn to China • Dow heads for worst day in 10 months as debt woes for China’s Evergrande rattles stock market • Wall Street tumbles over 2% on growth worries; focus turns to Fed • China's Evergrande Crisis: A Real Threat to U.S. Stocks? • High-Pressure Week for Global Markets Starts With Steep Losses • Stocks Pare Losses at Close as Dip Buyers Emerge
(DBN)

World shares tumble as China Evergrande contagion fears spread
(DBN)

Evergrande: Asia stocks mixed as investors weigh China concerns
(DBN)

The odds of a 20% correction in stocks are rising as the market transitions to the next stage of its cycle, Morgan Stanley warns
(DBN)

Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue
(DBN)

______________

Layoffs:

Bridger Coal Company Announces Layoff; Permanent Mine Closure
(DBN)

______________

Retailing:

Amazon's AI-powered cameras reportedly punish its delivery drivers when they look at side mirrors or when other cars cut them off
(DBN)

Walmart worker resigns over store loudspeakers: ‘F--- this job’
(DBN)

A discount store in Maine is closing after losing half its staff. Despite a 'help wanted' sign in the window, only 5 people applied for a job in 6 months, its owner said.
(DBN)

Navigating Preference Actions in Retail Industry Restructurings
(DBN)

____________

Student Debt:

February's student-loan payment restart will run into a 'psychological hurdle' as many borrowers thought their debt would be forgiven, Biden official says
(DBN)

____________

Fraud:

Allen Stanford's Ponzi scheme recovery tops $1 billion
(DBN)

____________

Climate:

UN to world leaders: To curtail warming, you must do more
(DBN)

White House aims to protect workers from extreme heat
(DBN)

How America’s hottest city is trying to cool down
(DBN)

More warning signs ahead of COP26
(DBN)

The breadth and limits of corporate carbon moves
(DBN)

Sea-level rise becoming a hazard for suburban South Florida neighborhoods far from ocean
(DBN)

Why are BMW and Daimler being sued over climate change?
(DBN)

____________

Economy:

Seven High Frequency Indicators for the Economy
(DBN)

The Delta variant is keeping the US economy from getting back to normal
(DBN)

Does the U.S. Economy Still Need Booster Shots?
(DBN)

U.S. labor market powers ahead with strong job gains, lower unemployment rate
(DBN)

Child-care workers are quitting rapidly, a red flag for the economy
(DBN)

Fed to reveal new projections with investors on alert for rate liftoff timing
(DBN)

With the focus on a taper, five questions for the Fed
(DBN)

The government is setting hard-hit Americans up for disaster by forcing them to pay back unemployment benefits
(DBN)

One-Third of Americans Weren't Prepared for Financial Emergencies Before the Pandemic
(DBN)

How car rentals explain the 2021 economy
(DBN)

Americans who refuse vaccinations are costing US big bucks as well as lives
(DBN)

What the federal debt ceiling showdown could mean for you
(DBN)

Why everybody’s hiring but nobody’s getting hired
(DBN)

The White House says no to minting a $1 trillion coin to sidestep McConnell and ease debt ceiling standoff in Congress • Democrats agonize over shutdown, debt limit game plan
(DBN)

Democrats to include suspension of U.S. debt limit in funding bill • Democrats up ante in risky debt ceiling fight
(DBN)

GOP senator will 'probably' vote for debt limit increase • McConnell privately urged GOP senators to oppose debt ceiling hike • Mitch McConnell says the GOP will vote for the US to default on its debt
(DBN)

Crunch time for Congress with Biden's agenda, and debt limit, on the line
(DBN)

Failure to raise the debt ceiling will delay child tax credit payments and Social Security checks, causing 'economic catastrophe,' Janet Yellen says
(DBN)

Junk-Debt Sales Soar Toward Record Year
(WSJ)

The largest port in the US hit a new ship-backlog record every day last week, as 65 massive container boats float off the California coast
(DBN)

Higher taxes are coming and for markets, that could be a good thing
(DBN)

Uneven global vaccination pace puts economic rebound at risk, the O.E.C.D. warns.
(DBN)

People are worried about going back to the office because they don’t want to poo at work
(DBN)

There Were More Deaths Than Births In Alabama Last Year, A Grim First For The State
(DBN)

Ken Burns Says Current Times ‘Equal’ to Civil War, Depression and World War II: ‘It’s Really Serious’
(DBN)

Chicago mayor pitches $500 monthly payments to poor families
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing Inventory Sept 20th Update: Inventory Up 1.2% Week-over-week, Up 42% from Low in early April • NAHB: Builder Confidence Increased to 76 in September
(DBN)

Homebuilder sentiment improves after a big drop in lumber prices
(DBN)

Inflation forces homebuilders to take it slow, raise prices
(DBN)

Homebuilder D.R. Horton cuts annual forecast on supply chain disruptions
(DBN)

Americans are pissed about the housing market – they haven’t hated it this much in 4 decades
(DBN)

Trump Tower debt added to watch list as vacancies rise
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.00%"
(DBN)

Chattanooga-based mall operator CBL says business is up as it eyes Nov. 1 bankruptcy exit; promotes key personnel
(DBN)

Real-Estate Agents Fight to Save Their Commissions... DOJ probe, civil lawsuits loom over industry
(WSJ)

____________

Municipalities:

Remote work didn't wipe out big cities - it made them even bigger
(DBN)

____________

Oil/Gas:

BP gambles big on fast transition from oil to renewables
(DBN)

Shell Sells Permian Shale Oil Holdings
(DBN)

____________

Education:

D.C. schools to require teachers, staff to receive COVID vaccine without testing option
(DBN)

More schools using "test-to-stay" strategy to minimize quarantines
(DBN)

Oregon school worker suspended for showing up in blackface in apparent protest of vaccine mandate
(DBN)

____________

Autos:

Used-car prices are surging — again — and it's probably going to get worse
(DBN)

____________

Pharma:

An Insider from the Purdue Pharma Bankruptcy Speaks Out
(DBN)

How Purdue Pharma Got Away with it All
(DBN)

AG Tong files notice to block Purdue Pharma bankruptcy settlement
(DBN)

Judge mulls Johnson & Johnson bid to block vote changes in ex-talc supplier bankruptcy
(DBN)

____________

Crypto:

Bitcoin falls as much as 10% as risky assets tumble globally, regulatory concerns intensify
(DBN)

A single bitcoin transaction creates as much waste as throwing out two iPhones, economists find
(DBN)

____________

Food/Beverage:

Brazil’s Unvaccinated Far-Right President Bolsonaro Forced to Eat Pizza on the Street in NYC
(DBN)

How to Make an Unloved Job More Attractive? Restaurants Tinker With Wages.
(DBN)

____________

Festivals:

Creditors of Decatur Celebration told to get their claims filed by Dec. 1
(DBN)

____________

Mass Torts:

Key hearing set in Boy Scouts of America bankruptcy case
(DBN)

____________

Agribusiness:

Illinois Farmers Forced to Use Foreign Labor
(DBN)

____________

Payroll:

Staffing and Trucking Industry Lender Flexible Funding Files for Bankruptcy
(WSJ)

____________

Tourism:

N.Y.C.’s tourism industry, hit hard by the pandemic, sees a reason for hope with changes to travel rules.
(DBN)

Tourists, Hawaii's visitor industry feel impact of travel cancellations
(DBN)

A Caribbean Island’s Audacious Tourism Experiment
(DBN)

____________

Healthcare:

COVID has killed about as many Americans as the 1918-19 flu
(DBN)

A doctor from Oregon who said mask-wearing could lead to carbon-dioxide poisoning got his medical license revoked
(DBN)

An Ohio Doctor Claimed Vaccines Make You Magnetic and Her License Was Just Renewed
(DBN)

The summer that wasn’t
(DBN)

Poll: 70 percent are 'likely' to take a booster shot if needed
(DBN)

J&J says Covid booster shot is 94% effective in the U.S. when given two months after first dose
(DBN)

Pfizer says its Covid vaccine is safe and generates robust immune response in kids ages 5 to 11 • Why Covid Vaccines for Kids Are Taking So Long
(DBN)

SF Mayor Filmed Dancing Maskless at Inside Public Event: “We don’t need the fun police to come in and micromanage and tell us what we should or shouldn’t be doing,”
(DBN)

I Got a ‘Mild’ Breakthrough Case. Here’s What I Wish I’d Known.
(DBN)

Publicity stunt near Carolina Panthers’ stadium gave stark message to the unvaccinated
(DBN)

The anti-vaxxers who 'gaslight' medics are destroying the patient-doctor relationship in America, experts warn
(DBN)

Their Baby Died in Hospital. Then Came $257,000 Bill
(DBN)

____________

New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (4 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 Statistics:

'Simply a Delay'?: Decline in New Bankruptcy Filings Has Hit Law Firms During the Pandemic
(DBN)

______________

Bankruptcy Research:

How Bankruptcy Bias Contributes to the Racial Wealth Gap
(DBN)

____________

Sanctions:

Sanctions in the Michigan Elections Case and in Bankruptcy Court (Pt. 3)
(DBN)

____________

Structured Dismissal:

Shining a Light on Structured Dismissals
(DBN)

____________

Automatic Stay:

Understanding When the Bankruptcy Stay Keeps the Government at Bay
(DBN)

____________

Non-Debtor Releases:

Congress Seeks To Restrict Nondebtor Releases in New Bankruptcy Reform Bill
(DBN)

____________

Aviation:

Senators Urge U.S. Justice Dept to Prosecute Unruly Air Passengers
(DBN)

A Shortage of Pilots Looms as the Next Challenge for Airlines
(DBN)

Biden administration to lift travel ban for fully vaccinated international travelers
(DBN)

Travel industry hopes for rebound with loosened COVID-19 restrictions
(DBN)

Transatlantic tensions hit UN as US budges on travel
(DBN)

Leasing firms now buy more planes than ailing airlines - industry pioneer
(DBN)

Delta variant fears curb fall flying • Flight bookings plummet amid delta variant fears
(DBN)

I'm a 53-year-old 'clean ambassador' for Delta. I spend my day making sure the airport follows proper COVID-19 protocols - here's what my job is like.
(DBN)

Recovered from COVID and traveling to Israel? No PCR test required
(DBN)

Iberia to negotiate furlough with unions if Spain ends COVID force majeure
(DBN)

Cathay Pacific Airways : lowers Q4 capacity forecast as travel restrictions linger
(DBN)

Philippine Airlines pledges older aircraft to obtain loans
(DBN)

Former owners of VIM Airlines lose appeal against bankruptcy ruling
(DBN)

____________

History:

Why George Washington mandated vaccines
(DBN)

____________

Celebs:

'RHOBH' Star Erika Jayne Blows Off Offer From Lawyer Investigating Her To 'Voluntarily' Pay Back $25 Million In Tom Girardi's Bankruptcy • 'RHOBH' Star Erika Jayne Still Working Out With Personal Trainer Despite Being Sued For Return Of $25 Million In Tom Girardi's Bankruptcy • Erika Jayne shows off messy blonde tresses on her way to the hair salon... after ditching $40k-a-month glam squad amid embezzlement scandal and bankruptcy woes • Erika Girardi Slammed for ‘Staged’ Photoshoot at TJ Maxx • Erika Jayne Responds To Co-Stars Mocking Story About Tom
(DBN)

____________

Politics:

Poll: Trump dominates 2024 Republican primary field
(DBN)

Poll: Biden, Trump statistically tied in favorability
(DBN)

Trump won these counties big. His supporters question the results there, too.
(DBN)

Graham found Trump election fraud arguments suitable for 'third grade': Woodward book • Lindsey Graham and Mike Lee personally vetted Trump’s fraud claims, new book says. They were unpersuaded.
(DBN)

Trump Still Sends Letters to Overturn Election
(DBN)

Manchin and the Democrats’ last chance
(DBN)

Threats against members of Congress are skyrocketing. It's changing the job
(DBN)

Robert Costa: Gen. Mark Milley "was not going rogue" with China calls
(DBN)

Why is the Biden administration turning its back on asylum seekers?
(DBN)

'Devastating': Florida Republicans worried about 2022 as they crafted election law
(DBN)

France is doing everything it can to show its anger at a canceled $50 billion submarine contract, shocking officials in the US, UK, and Australia • Macron Takes on U.S., a Big Gamble Even for a Bold Risk-Taker • Australia Reminds France It’s Always Supported Them Amid U.S. Submarine Deal Dustup • EU chief: Treatment of France 'not acceptable'
(DBN)

GOP ramps up pressure on vulnerable Democrats in spending fight
(DBN)

____________

UK:

Changes to The Insolvency and Director Disqualification Regime - What Will These Mean for Charity Trustees?
(DBN)

British energy firms fear collapse as Europe’s gas crisis sees prices surge 250% • Gas Crunch Threatens UK Energy Industry With Wave Of Bankruptcies
(DBN)

UK meat industry warns of imminent threat to supplies from CO2 crisis
(DBN)

U.K. Soft Drink Makers Have Just Days of Carbon Dioxide Left
(DBN)

The Bursting of Boris' Brexit Bubble
(DBN)

____________

Canada:

U.S. extends travel restrictions at Canada, Mexico borders
(DBN)

____________

China:

Short-seller Andrew Left warned investors of Evergrande's looming insolvency nearly 10 years ago - and was banned from trading in Hong Kong as a result • China's real estate house of cards could be brought down by Evergrande, the world's most indebted company • Evergrande Gave Workers a Choice: Lend Us Cash or Lose Your Bonus • Chinese social media users are in an uproar over the letter Evergrande’s chairman sent to employees, calling him ‘delusional’ and accusing him of ‘cheating’ employees out of money • The first test for Evergrande’s debt crisis comes this week • Evergrande Stock Down 48% in September – Is Bankruptcy Imminent? • The Evergrande crisis and China's regulatory crackdowns are shaking the notion that China is an investable market, says Mohamed El-Erian • China Property Fear Spreads Beyond Evergrande, Roiling Markets • World markets sink on fears of a Chinese version of “Lehman Brothers 2008 bankruptcy” • Crunch time for Evergrande, but no 'Lehman moment' • Is Evergrande another Lehman? China probably won’t let the property developer go that way • S&P says it does not expect Beijing to provide direct support to Evergrande • Amid rising expectations of an Evergrande default, what would it look like? • Wall Street’s message on Evergrande: China has it under control • China expert: 'There’s going to be a lot of pain' before Evergrande saga is over
(DBN)

China debt concerns mounting as Beijing shifts attention to hidden local government financing
(DBN)

China's Property Woes Coming to a Head
(DBN)

Xi Aims to Rein In Chinese Capitalism, Hew to Mao's Socialism
(DBN)

Deserted Factories Show How China Electric Car Boom Went Too Far
(DBN)

____________

MENA:

Some Afghan evacuees vaccinated against measles, other diseases, US military says • CDC recommends waiting period for Afghan flights to U.S. after measles cases
(DBN)

Lebanon’s Foreign Creditors Demand Urgent Debt Restructuring • Lebanon's Mikati says IMF talks a necessity not a choice
(DBN)

____________

Russia:

Six dead as gunman opens fire at Russian university
(DBN)

____________

Poland:

New simplified restructuring procedure (an analysis)
(DBN)

____________

India:

‘It’s not weakness in IBC, but in how people are gaming it’
(DBN)

Govt may offer pre-pack insolvency resolution plan even for large firms
(DBN)

____________

Venezuela:

PDVSA begins U.S. trial over claim sanctions prevented debt payments
(DBN)

____________

New Zealand:

New Zealand Cops Arrest Men Entering Locked-Down City With ‘Large Amounts’ of Illicit KFC
(DBN)

___________


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