September 29, 2021

The Daily Bankruptcy News

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Law:

Biglaw Firms Are No Longer Going Out Of Their Way To Assure Summers They'll Have A Job After Graduation
(DBN)

Biglaw's Big Post-Pandemic Return: Why This Firm Is Expanding Its NYC Office Space
(DBN)

Elite Firm Sets 2022 Office Return Date Due To Delta Variant
(DBN)

Firm Offers Partners All The Post-Pandemic Work-From-Home Flexibility They Want. Junior Attorneys? Not So Much.
(DBN)

Leaving? Money Talks, But Well-Being Now Wants a Word
(DBN)

Following repeat problems with remote bar exam, California releases investigation findings
(DBN)

Law School Deans Discouraged And Pressured Students Not To Report Sexual Assault Claims According To Multiple Students
(DBN)

In Murdaugh family scandal, tiny South Carolina town shaken
(DBN)

Once-incarcerated lawyer poet is among winners of MacArthur ‘genius grants’
(DBN)

Wrong assumption leads to $1,500 fine for prosecutor in case of death row inmate
(DBN)

Prisons In A Pandemic Are Nothing To Sneeze At
(DBN)

Jan. 6 trials slowed by mounting evidence in US Capitol riot Trump to Sue to Keep Jan. 6 Records a Secret
(DBN)

Trump loses NDA case against Omarosa Manigault Newman
(DBN)

'No major incidents of illegal activity': DHS told Pentagon as pro-Trump mob breached Capitol
(DBN)

Unsealed Rudy Giuliani Filings Reveal Scope of Government's Investigation — Including His Trip to Poland
(DBN)

Biden nominates 9 candidates for federal prosecutor posts
(DBN)

John W. Hinckley Jr.'s freedom is unprecedented.
(DBN)

Capital Gazette gunman sentenced to over 5 life sentences
(DBN)

'The Laundries Did Not Help Us Find Gabby': Petito Family's Lawyer Calls Out Brian Laundrie and His Family Over Their 'Silence' Gabby Petito's family reveals matching tattoos in her memory Retired Homicide Detective Weighs in on Gabby Petito's Death and Brian Laundrie's 'Peculiar' Disappearance
(DBN)

'Coward' Who Allegedly Shot and Killed Deputy in Traffic Stop Has Been Arrested
(DBN)

House passes bill to end crack and powder cocaine sentencing disparity
(DBN)

Police organizations say failed reform proposal would have strengthened departments, not defunded them
(DBN)

Restaurants and Hotels Push Back Against the Uptick in Customer Tantrums
(WSJ)

Ex-US Army Ranger faces extradition to Holland to face charges in bizarre, military-style assassination
(DBN)

COVID-era criminals go free: Prosecutors dismiss cases as backlog mounts
(DBN)

Biden Is Taking a Page Out of Trump’s Immigration Playbook
(DBN)

'My Mom Is Gurgling': Alabama Woman's Son Reportedly Witnessed His Father Fatally Shoot Pregnant Mother in Triple Murder-Suicide
(DBN)

Arizona Police Broke into Unarmed Schizophrenic Woman's Home with Guns Drawn and Tased Her in Her Own Bedroom: Lawsuit
(DBN)

S.C. Woman Sentenced to 40 Years in Prison for Staging Home Invasion That Killed Boyfriend's 8-Year-Old Son
(DBN)

W. Va. Man Attacked Showering Roommate with a Machete, Then Slit the Man's Throat Before Turning a Gun on Himself
(DBN)

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Judges:

U.S. Bankruptcy Judge Robert Drain to Retire Next Year Distinguished Bankruptcy Judge to Retire from Southern District Bench
(DBN)

Vacancy Announcement for U.S. Bankruptcy Judgeship - SDNY
(DBN)

Judiciary Continues Operations In Event of Government Shutdown
(DBN)

Amy Coney Barrett sullies the Supreme Court
(DBN)

Supreme Court at crossroads in term with abortion and gun cases
(DBN)

‘A complacent majority’: U.S. Supreme Court abortion cases could spark backlash against GOP
(DBN)

Federal judge ends clash with defense lawyer by walking out of courtroom during his argument
(DBN)

131 federal judges failed to recuse themselves from cases in which they had financial interest: report Federal Judges Make Tidy Profit Ruling In Favor Of Companies They Own
(DBN)

Federal Judges with Financial Conflicts
(WSJ)

Judiciary Supplements Judgeship Request, Prioritizes Courthouse Projects
(DBN)

Despite Pandemic, Texas Wants In-Person Hearing in DOJ Lawsuit Against Abortion Ban
(DBN)

9 high-stakes issues the Supreme Court will take up this coming term
(DBN)

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Wall Street:

 

Nasdaq tanks 2.8% in worst day since March as yield spike hits tech stocks, Dow drops 570 points
(DBN)

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Layoffs:

 

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Autos:

U.S. new vehicle retail sales set to fall 25% in Sept - data
(DBN)

Cars on American roads keep getting older
(DBN)

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Sports:

Fed judge: Oliver Luck's lawsuit over firing as XFL commissioner & CEO must be ready for trial in March
(DBN)

Simone Biles says she 'should have quit way before Tokyo'
(DBN)

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Fraud:

USC Coach Says ‘Varsity Blues’ Recruit Came to Practice Once
(DBN)

Theranos Lab Director Reveals Himself to Be Source in WSJ Expose
(DBN)

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Coal:

People clinging to coal prices are ‘not living in the real world’
(DBN)

Democrats Need a Carbon Tax and a Coal Miner Buyout
(DBN)

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Healthcare:

Unvaccinated Americans say booster shots proves Covid vaccines don’t work, Kaiser survey shows
(DBN)

Confusion over Covid-19 boosters lingers as states roll out shots
(DBN)

N.C. hospital system fires about 175 workers in one of the largest-ever mass terminations due to a vaccine mandate
(DBN)

New York governor declares 'disaster emergency' amid staffing shortage crisis prompted by vaccine resisters
(DBN)

Pfizer submits data to FDA for Covid-19 vaccine in younger children
(DBN)

Fauci says mix-and-match Covid vaccine booster data will soon be ready
(DBN)

Covid Booster Shots Produce Mostly Mild Side Effects, CDC Says
(DBN)

Natural COVID-19 immunity is powerful — but kind of irrelevant
(DBN)

Doctor's license suspended over blank, signed COVID-19 exemption forms, officials say
(DBN)

Vaccinated couple die of Covid-19 holding hands
(DBN)

Pittsburgh Man Who Survived COVID-19 Undergoes Transplant After Virus Resurfaces And Attacks Heart
(DBN)

Low vaccine rate highlights Wyoming conservative streak
(DBN)

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Economy:

SBA Loans Saved Businesses Before Covid—Now They Could Ruin Them
(DBN)

U.S. Consumer Confidence Unexpectedly Falls to Seven-Month Low
(DBN)

CEOs worried about corporate tax hikes as Dems push bills aimed at boosting working families
(DBN)

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

Fed's Powell says economy is a long way from maximum employment Fed's Powell faces heated questions on trading, regulation and diversity
(DBN)

U.S. Senate's Warren calls Powell 'dangerous man' to lead the Fed
(DBN)

Fed's Powell would welcome a Black woman on the Fed board
(DBN)

Fed's Bullard: More aggressive Fed stance best to ensure longer expansion
(DBN)

A battle for influence within the Fed is brewing
(DBN)

Yellen says Delta slowing recovery, urges Congress to raise U.S. debt limit-testimony
(DBN)

Senate banking chief plans bill to address Fed officials' stock trades The Senate's banking committee chief will introduce legislation to ban Fed officials from owning individual stocks
(DBN)

Ford asks U.S. salaried employees to disclose COVID-19 vaccination status
(DBN)

Vatican ordering all employees to be vaccinated or tested
(DBN)

Two-thirds of business leaders back Biden vaccine mandate: poll
(DBN)

2nd Circuit allows vaccine mandate to take effect for New York City teachers and school staff
(DBN)

New York’s Covid-19 Vaccine Mandates Are Working, Officials Say
(DBN)

Biden’s Covid-19 vaccine mandate could bankrupt non-compliant companies, says Forbes
(DBN)

U.S. consumer confidence hits seven-month low; goods trade deficit widens
(DBN)

Democrats scramble to scale back $3.5 trillion tax-and-spending bill
(DBN)

Biden's claim that his spending plan 'costs zero dollars'
(DBN)

Congress Unlikely to Ratify Global Tax Deal, GOP Senator Says
(DBN)

Yellen tells Congress that U.S. will run out of debt ceiling flexibility on Oct. 18
(DBN)

McConnell blocks Schumer attempt to bypass filibuster on debt hike Schumer: Raising debt limit through budget reconciliation a 'non-starter'
(DBN)

Mitch McConnell's Senate GOP votes for the US to default on its debt and for the government to shut down
(DBN)

Debt-Ceiling Mess Could Dent Dollar’s ‘Absolutely Secure’ Status
(DBN)

Dems may drop debt fight to avoid shutdown
(DBN)

Richest Americans Use GRATs to Avoid Estate Tax, ProPublica Reports
(DBN)

The owner of a Minnesota job agency said interviews shot up 60% before enhanced unemployment benefits expired
(DBN)

Dropbox's billionaire founder Drew Houston says the 40-hour office week is a thing of the past and that the pandemic has changed work forever
(DBN)

Salesforce CEO Marc Benioff says ‘we’re not all going back’ to the office
(DBN)

Energy Crisis Is Old Economy’s Revenge, Says Goldman’s Currie
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

The feared eviction 'tsunami' has not yet happened. Experts are conflicted on why.
(DBN)

Case-Shiller: National House Price Index increased 19.7% year-over-year in July U.S. Home Prices Gain 19.7% in Another Record for Hot Market Comments on House Prices
(DBN)

July might have been the turning point for the US housing crisis
(DBN)

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Municipalities:

Puerto Rico plan voting extended by two weeks
(DBN)

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Oil/Gas:

OPEC Sees Oil Demand Growth to 2035 Unchecked by Climate Fight
(DBN)

Beyond Petroleum: The First Supermajor To Turn Its Back On Oil
(DBN)

Harvard cracks and a dam breaks
(DBN)

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Climate:

Climate Change Replaces Pandemic as Insurers’ Biggest Worry
(DBN)

Pelosi uses global climate talks as unofficial deadline for Biden agenda
(DBN)

If You’re Under 40 You’re Gonna See Some Horrible Stuff, Scientists Say
(DBN)

Historic Western Drought Likely to Persist
(DBN)

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Pharma:

Opioid Distributors to Pay $75 Million in Cherokee Opioid Accord
(DBN)

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Politics:

Poll: 47 percent approve of Biden's job as president
(DBN)

Axios-Ipsos poll: Biden trust takes a blow as COVID lingers
(DBN)

Top Pentagon officials contradict Biden on Afghanistan advice Top generals contradict Biden, say they advised leaving 2,500 troops in Afghanistan Top generals contradict Biden, say they urged him not to withdraw from Afghanistan
(DBN)

AOC threatens to vote down moderates' bipartisan infrastructure deal unless she gets 'new information' Progressives Defy Pelosi, Vow to Vote No on Infrastructure Bill Left warns Pelosi they'll take down Biden infrastructure bill
(DBN)

Biden to meet with Sinema, Manchin on Tuesday Enigmatic Sinema has Democrats guessing
(DBN)

Milley defends calls to Chinese at end of Trump presidency Gen. Milley says key Trump officials knew of calls with Chinese counterpart Milley Says China Calls Were Coordinated With Trump Officials Milley defends calls, says he 'knew' Trump didn't intend to attack China Milley reveals he spoke to Woodward, other authors for books on Trump presidency Joint Chiefs chairman calls Afghan war a ‘strategic failure’
(DBN)

As Trump hints at 2024 comeback, democracy advocates fear a 'worst-case scenario' for the country
(DBN)

Trump played tough with Putin when cameras were around, while Putin toyed with his insecurities, a new book says
(DBN)

Senate Democrats Offer ‘Plan B’ Immigration Overhaul for Economic Plan
(DBN)

Trump skipped anesthesia for a previously unreported surgery at Walter Reed to avoid giving Pence temporary power, according to new book
(DBN)

Trump hits out at ex-aide as bombshell book claims obsession with p---- shape and that he eases rage listening to show tunes Stephanie Grisham describes Trump anger toward her and others as 'terrifying' Grisham says she sought to shield young, female aide from Trump
(DBN)

How the Christian right embraced voter suppression
(DBN)

Reparations draw UN scrutiny, but those who’d pay say little
(DBN)

Federal agencies submit plans to improve voting access after Biden order
(DBN)

Texas's Largest County Demands Records on Talks with Trump Surrogates Behind Gov. Abbott's So-Called 'Forensic Audit'
(DBN)

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New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (7 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)

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Subchapter V:

Facilitation Skills For Subchapter V Trustees
(DBN)

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Student Debt:

Senate Considers Bankruptcy Code Changes to Tackle Student Debt Crisis – and to Make Some Colleges Pay for It
(DBN)

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Finance:

Bankruptcy Debtor Prevails Over SBA in District of Arizona PPP Loan Dispute
(DBN)

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Aviation:

Airlines Add Winter Flights Between U.S., Europe in Sign of Hope
(DBN)

Unvaccinated United Airlines staff face firings as early as today after deadline for Covid shots passes
(DBN)

Demand for Lufthansa flights to U.S. soars on re-opening
(DBN)

Airlines Demand Virus-Busting Seats to Ease Covid Deep Cleaning
(DBN)

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Satellites:

Intelsat closer to bankruptcy exit
(DBN)

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Retailing:

Retailers Warn Supply Chain Delays Could Wreak Havoc On Holiday Shopping Season
(DBN)

Sears Stock: SEC Stops Regular Trading, But The Bankruptcy Case Continues
(DBN)

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Utilities:

California utility charged with manslaughter following deadly wildfire
(DBN)

Gas blowout near Los Angeles leads to up to $1.8B settlement
(DBN)

Texas senators blast regulator for power grid winterization loophole lawmakers wrote into law
(DBN)

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Celebs:

Tyler Baltierra and Catelynn Lowell Owe a Ton in Taxes: Will They File for Bankruptcy?
(DBN)

Erika Jayne ‘confronted ex-BFF Kyle Richards in ugly showdown’ after she ‘spread rumors’ about star
(DBN)

Britney Spears' dad argues he should not be replaced as temporary conservator, slams proposed replacement Britney Spears' Lawyer Fires Back at Jamie: 'Reported Alcoholic and Gambling Addict, With Zero Financial Background'
(DBN)

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Taxis:

How to Save New York City’s Cabdrivers
(DBN)

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Corporate Governance:

California’s Battle Over Gender Quotas for Boards Heads to Trial
(DBN)

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Mass Torts:

Boy Scouts Victims Get Conflicting Advice on Restructuring Plan Vote
(WSJ)

Religious Partners Fear Boy Scouts’ Bankruptcy Plan Leaves Them Unprotected
(DBN)

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UK:

The Smile Telecoms Restructuring Plan: A Closer Look
(DBN)

Hartlepool insolvency figures drop since pandemic onset
(DBN)

Hartlepool 'risks bankruptcy' unless tough council tax is approved
(DBN)

Northumberland insolvency figures rise during pandemic
(DBN)

Investing in Distressed Hotel Assets – What to Consider
(DBN)

Panic buying of fuel in UK sparks fears doctors, teachers will be unable to get to work UK gas stations run dry as trucker shortage sparks hoarding
(DBN)

Britain begs drivers: Don't fill old water bottles with fuel at gas stations
(DBN)

How I got caught in Britain's petrol panic: Hunting for fuel on a near-empty tank
(DBN)

British troops on standby as truck driver crisis deepens, and people 'panic buy' petrol
(DBN)

End of furlough brings uncertainty for UK jobs and economy
(DBN)

U.K. Brexit Talks With EU Expected to Continue for Several Weeks
(DBN)

Celeb chef Salt Bae slammed over London restaurant prices including £11 Red Bull, £100 burger and £630 steak
(DBN)

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EU:

Two Europes: Low vaccine rates in east overwhelm ICUs
(DBN)

____________

China:

Unpaid by Evergrande, supplier sells Porsche and home to rescue his business China asking state-backed firms to pick up Evergrande assets: Report Beijing flinches from Evergrande bailout, nudges government-owned firms to snap up assets, report says Evergrande Bond Bills Are Piling Up as Latest Coupon Comes Due Wall Street Banks Questioned by Fed About Evergrande Exposure China’s ‘demolition’ of Evergrande halts housing boom to curb risky business China's HNA Group, strategic investors to offer cash and shares to repay debt -sources Evergrande, facing coupon payment deadline, sells bank stake to repay loan
(DBN)

China's HNA Group, strategic investors to offer cash and shares to repay debt -sources
(DBN)

____________

MENA:

Afghanistan's financial system is about to collapse, lender warns, as the US keeps nearly $10 billion in reserves frozen from the Taliban
(DBN)

Where women took shelter from abuse, Taliban now in control
(DBN)

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Singapore:

Singapore reports 2,236 COVID-19 cases, its highest ever single-day rise
(DBN)

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Russia:

Russia reports record daily coronavirus deaths
(DBN)

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Venezuela:

Venezuela Opposition to Explore Engaging Creditors Over Citgo
(DBN)

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India:

Buyers face losses as delay in resolution of bankrupt companies under IBC leads to value erosion
(DBN)

Analyzing the 2021 IBBI Discussion Paper on Code of Conduct for Committee of Creditors
(DBN)

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Malaysia:

Malaysia's Insolvency (Amendment) Act 2020 in effect from 1 September 2021
(DBN)

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