September 8, 2021

The Daily Bankruptcy News

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3-Column Formating

 

Law:

This Firm Shows Associates The Best Way To Kick Off A Holiday Weekend — With Raises!
(DBN)

The Great Law Firm Reopening Tracker: Vaccination Mandates Are Trending Thanks To The Delta Variant
(DBN)

Agreement giving lawyers 'sole discretion' to settle client's case violates ethics rules, appeals court says
(DBN)

Biglaw Partner Finds Sleeping With A Client Not Really A Career Boon
(DBN)

Intel Legal Ops Head Says E-billing Crucial to In-House Function
(DBN)

The 2021 Outside Counsel Rankings: The Top Law Firms According To GCs
(DBN)

ABA Finds Cleveland-Marshall Law School Out Of Compliance With Financial Resources Accreditation Standard
(DBN)

How pandemic practice left lawyer-moms facing burnout
(DBN)

Ready To Bet The Company? Try These Biglaw Firms
(DBN)

South Carolina Lawyer Murder Story Keeps Getting Crazier • South Carolina lawyer Alex Murdaugh accused of misusing his law firm's funds • Lawyer survives shooting after murders of wife and son, announces rehab stay amid law firm accusations • Missing Murdaugh law firm money raises questions: How much taken? How did it happen?
(DBN)

The Fall 2021 Law School Admissions Season Was One For The Ages: Applicants Were Up 12.6%, With Biggest Increase (66%) Among The 170+ LSAT Band
(DBN)

11 survival tips for first-year associates
(DBN)

How lawyers are using the Clubhouse app to build their businesses and make new connections
(DBN)

Debate Continues Over Vermont Law School's Underground Railroad Murals That Black Students Call Racist
(DBN)

Harvard Dean Manning: 'Being A Lawyer Is A Superpower’
(DBN)

Law school dinged for noncompliance with ABA standard addressing financial conditions
(DBN)

Wow! Georgetown Totally Nailed It When It Came To 2021 Admissions
(DBN)

Law School Suffers Through COVID-19 Outbreak, Sends Students To Remote Learning
(DBN)

Idaho man pleads guilty to assaulting officer with a pole during Capitol riot • Another Jan. 6 Defendant Wants to Represent Himself, Despite Acknowledging 'Fool for a Client' Adage • ‘Keep your head on a swivel’: FBI analyst circulated a prescient warning of Jan. 6 violence • Republicans want telecom companies to preserve phone records of Kamala Harris, Pelosi, AOC, and other Democrats after January 6 committee requested theirs
(DBN)

Americans warier of US government surveillance: AP-NORC poll
(DBN)

Black youth more likely to visit hospital for police-related injuries
(DBN)

20 years after 9/11, mastermind Khalid Sheikh Mohammed still awaits trial. What went wrong?
(DBN)

‘I did nothing wrong.’ Gay teacher who lost job at Charlotte Catholic High wins lawsuit • Court rules Catholic school wrongfully fired gay substitute
(DBN)

Texas abortion law: $10,000 penalty could incentivize 'bounty hunters' to make 'tens of thousands of dollars'
(DBN)

AOC breaks down basic biology after Texas Gov. Greg Abbott said women who are raped have 6 weeks to get an abortion • Gov. Abbott said Texas will 'eliminate all rapists from the streets' so women don't have to worry about the new antiabortion law having no exception for rape • Texas ranked No. 15 most dangerous state for rape and sexual assault
(DBN)

Garland's vow to protect women's right to abortions more bark than bite, analysts say
(DBN)

Mexico, the world's second largest Catholic nation, decriminalizes abortion as neighboring Texas clamps down on the procedure
(DBN)

South Dakota governor issues order curbing abortion medicine access
(DBN)

Investigators reveal what Florida suspect told them after allegedly killing 4, including mom holding her baby
(DBN)

Mother Murdered Infant Boy Right After Giving Birth to Him, Dumped Him in Basement Garbage Can: Prosecutors
(DBN)

A California Couple Was Shot and Killed 'Over a Parking Spot,' Says Family
(DBN)

Man called 911 to report a Tesla hit him, but the vehicle's cameras told a different story
(DBN)

A deputy mayor in New York faces charges after federal authorities found him with dozens of unregistered guns and bogus FBI badges
(DBN)

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Judges:

Teresa Pearson Appointed Judge of U.S. Bankruptcy Court in Oregon
(DBN)

Bankruptcy, balance, and Ferris Bueller: a chat with Judge Kathy Surratt-States
(DBN)

BK MD Seeks Judicial Law Clerk
(DBN)

Federal Judge Sarcastically Congratulates Unmasked Lawyers, Says They're To Blame If They Get COVID
(DBN)

Ohio judge reverses colleague’s decision on covid patient’s ivermectin treatment: ‘Judges are not doctors’
(DBN)

The Judge Who 'RHOBH' Star Erika Jayne Accused Of Cheating With Ex Thomas Girardi Retired Months After Accusations Went Public
(DBN)

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Wall Street:

Stock futures are flat following the Dow’s 260-point loss • Futures dip on fears over slowing economic growth
(DBN)

Wall Street Falls on Worries Over Slowing Economic Recovery
(DBN)

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Layoffs:

Minnesota town braces for closure of factory that makes MLB gear
(DBN)

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Utilities:

California grid operator issues flex alert ahead of high heat expected Wednesday
(DBN)

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Fraud:

Man Who Made Millions Overcharging for Printer Toner Is Going to Prison
(DBN)

Former NFL star Clinton Portis faces up to 10 years in jail after admitting healthcare fraud
(DBN)

DOJ Continues to Use the False Claims Act to Protect PPP Funds
(DBN)

Everything you need to know about Theranos and the Elizabeth Holmes trial
(DBN)

‘Varsity Blues’ trial promises fresh insights in old scandal
(DBN)

____________

Celebs:

Britney Spears’ father files petition to end conservatorship after 13 years at helm of pop star’s estate • Britney Spears' lawyer says her dad's latest court move is an attempt to 'avoid accountability and justice'
(DBN)

RHOBH’s Erika Jayne ditches designer gowns for casual tracksuit as she grocery shops after bankruptcy & fraud scandals
(DBN)

____________

Climate:

When the Climate Crisis Becomes Unignorable
(DBN)

Biden travels to visit storm-ravaged areas of New York and New Jersey •In NYC after Ida, Biden calls climate ‘everybody’s crisis’
(DBN)

Homeowners left with property damaged by Ida wonder when government assistance will arrive: "We don't have much hope"
(DBN)

Hurricane Ida power outages, misery persist 9 days later
(DBN)

Hurricane Ida May Spark Mass Migration
(DBN)

What a hurricane means when you live in Louisiana's 'Cancer Alley'
(DBN)

We’ve been radically underestimating the true cost of our carbon footprint
(DBN)

New Zealand records warmest winter ever as scientists blame climate change
(DBN)

Dixie fire reaches 900,000 acres as crews battle multiple blazes across California • ‘It’s heart-wrenching’: Greenville families return to scenes of devastation after Dixie fire • California fire threat high despite progress near Tahoe
(DBN)

What do wildfires mean for insurers and utilities?
(DBN)

____________

Politics:

Prayer and politicking: Churches become a center of the California recall campaign
(DBN)

In California, Elder becomes the likeliest candidate to replace Newsom - and the likeliest to let him hold on to his job
(DBN)

Newsom’s nightmare: How one November day fueled the recall
(DBN)

Arizona Senator Decries Labor Day as ‘Communist Holiday’
(DBN)

Texas Gov. Abbott signs sweeping election bill into law
(DBN)

New Texas Voting Law Weaponizes 'Debunked Accusations of Widespread Voter Fraud,' Lawsuit Says
(DBN)

How much are California stimulus checks helping Gavin Newsom in the recall election? • Biden to campaign for Newsom in California 'early next week'
(DBN)

DeSantis calls talk of a 2024 presidential bid 'nonsense'
(DBN)

Abortion fight adds to Biden’s growing policy backlog
(DBN)

'Predatory Enterprise of Perversion': Lawsuit Claims Prominent GOP Donor Was 'Sexual Ringmaster' of Child Sex Trafficking Ring
(DBN)

____________

Economy:

Despite the pandemic, wage growth held firm for most U.S. workers, with little effect on inequality
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

Let's be clear on why the US economy is weakening
(DBN)

Conference Board's Employment Trends Index Growth Slows in August
(DBN)

Dallas Fed’s Robert Kaplan Was Active Buyer and Seller of Stocks Last Year
(WSJ)

Ted Cruz told the millions of Americans who lost their unemployment benefits on Labor Day to 'um, get a job?'
(DBN)

A sharp rise in wages is contributing to worries over inflation
(DBN)

Biden just asked Congress for $24 billion in 'urgent' disaster aid money, urging lawmakers to avert a government shutdown • Biden escalates shutdown stare-down with hurricane aid, Afghan resettlement plea
(DBN)

3.3 million people could be lifted out of poverty with a proposal in Democrats' $3.5 trillion social spending bill
(DBN)

From Cradle to Grave, Democrats Move to Expand Social Safety Net
(DBN)

12 weeks of paid family leave made it into Democrats' early plan for $3.5 trillion in social spending
(DBN)

Why Texas’s strict abortion law is terrible for the economy
(DBN)

Corporate America still isn’t sure what to say about abortion
(DBN)

Businesses grapple with vax mandates and COVID policies
(DBN)

Silicon Valley finds remote work is easier to begin than end
(DBN)

The U.S. Expected an Economic Takeoff. It Got a September Slowdown.
(WSJ)

The Delta variant just squashed the economic boom you were dreaming about all summer
(DBN)

Return-to-office plans are disrupted again: ‘It’s challenging for all of us.’
(DBN)

Senate Democrats Eye Taxes On Stock Buybacks, Excess CEO Pay • Democrats float a tax on investments to help pay for $3.5 trillion budget plan
(DBN)

Here's Biden's tax plan that corporations like Apple, Disney, and ExxonMobil are scrambling to squash right now
(DBN)

Why Trump’s steel tariffs are now Biden’s political headache
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

CoreLogic: House Prices up 18.0% YoY in July, All-Time High YoY Increase
(DBN)

Mortgage demand falls to lowest in two months as rates stagnate • MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 3.23%"
(DBN)

Borrowers withdrew $63B in equity in Q2
(DBN)

Home prices rise at record pace for third straight month — with 6 cities leading the hot housing market
(DBN)

Update: Framing Lumber Prices Up Year-over-year
(DBN)

Northwest Real Estate in August: Sales up 7% YoY, Inventory down 23% YoY
(DBN)

Wall Street Can’t Get Enough Fixer-Upper Houses
(WSJ)

Wall Street loves the housing crisis. The nationwide home shortage keeps investors' profits safe.
(DBN)

It goes from bad to worse for Nola homeowners hit by Hurricane Ida
(DBN)

____________

Oil/Gas:

Merger Mania Is Back In North America’s Oil Patch
(DBN)

A nationwide push for green energy could strand $68B in coal, gas assets
(DBN)

____________

Crypto:

Gensler’s March On Crypto Underway As SEC Charges Lending Platform For $2 Billion Fraud
(DBN)

In Global First, El Salvador Adopts Bitcoin as Currency • El Salvador buys bitcoin as the digital currency becomes legal tender
(DBN)

Bitcoin price suddenly drops more than 10% as El Salvador makes crypto its national currency • Bitcoin price plummets $10,000 on what should’ve been a banner day
(DBN)

Coinbase shares fall after it reveals SEC plans to sue over interest-earning product
(DBN)

____________

Sports:

Fauci Blasts College Football for Packing Stadiums with Unmasked Fans: ‘I Don’t Think It’s Smart’
(DBN)

The NFL had a secret COVID-19 plan; the inside story of why the league didn't need it
(DBN)

NFL Players Association calls for daily COVID testing for all players
(DBN)

____________

Agribusiness:

The high cost of going broke
(DBN)

Purdue survey: Slight improvement in farmer economic outlook
(DBN)

____________

Movies:

AMC’s Theater Chain Sets U.S. Labor Day Weekend Record
(WSJ)

____________

Ridesharing:

Facedrive Co-Founder Says Rideshare Startup Mulling Bankruptcy
(DBN)

____________

Cannabis:

Federal Courts In Two U.S. Territories Hosting Event On Marijuana Legalization’s Tourism Impact
(DBN)

____________

Student Debt:

CFPB Takes Action Against Student Lender for Misleading Borrowers about Income Share Agreements
(DBN)

____________

Healthcare:

There were nearly 300% more new COVID cases on average this Labor Day than last year • Average daily COVID deaths jumped 131% in the last month, as health officials urge caution over Labor Day weekend • Coronavirus update: Global cases of COVID-19 top 221 million and U.S. accounts for more than 40 million
(DBN)

The COVID-19 risk for vaccinated people is roughly equal to 'riding in a vehicle,' recent data suggest
(DBN)

Idaho hospitals begin rationing health care amid COVID surge
(DBN)

US reaches 75% of adults with at least one vaccine dose
(DBN)

Americans' Ratings of CDC Communication Turn Negative
(DBN)

American Public Opinion and Vaccination Requirements
(DBN)

Patients forced to wait thousands of minutes in rural Texas ER: "We've never seen this. Ever."
(DBN)

Humana says pandemic is slowing routine care again
(DBN)

Recovery From Severe COVID-19 May Provide Better Future Protection Against Some Variants
(DBN)

'It's game over. It's mRNA or nothing:' Expert on future of vaccines
(DBN)

We treat COVID patients. Here's why the 'pandemic of the unvaccinated' narrative is wrong.
(DBN)

Israel’s Covid Surge Shows the World What’s Coming Next
(DBN)

Overwhelmed Morgues Belie U.S. Illusion of a Defanged Pandemic
(DBN)

New Details Emerge About Coronavirus Research at Chinese Lab
(DBN)

Biden to outline plan to curb coronavirus Delta variant as cases grow
(DBN)

America needs to decide how much Covid-19 risk it will tolerate
(DBN)

Why We Can’t Turn the Corner on Covid
(DBN)

Former evangelical pastor calls for end to religious exemptions for vaccine
(DBN)

She and her husband thought Covid-19 was a 'political game,' now he's dead
(DBN)

‘He went downhill so fast.’ Dad who lost 15-year-old KY student to COVID warns others
(DBN)

Detroit hospital system sued by about dozens of staff over COVID vaccine mandate
(DBN)

How many double-jabbed people are dying from COVID?
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

August 2021 New Bankruptcy Filings Level Flat
(DBN)

NH bankruptcies remain at historic lows
(DBN)

Colorado bankruptcies decline 16% in August from year ago
(DBN)

Healthcare bankruptcies at all-time low, new report finds
(DBN)

______________

Mediation:

Litigious People Are Going to Litigate—And Mediation Can’t Change That Fact (In re Butko)
(DBN)

____________

Venue:

Why Bankruptcy Venue Reform Matters
(DBN)

____________

Tax:

Two-Thirds Of Americans Support Biden's Plan To Beef Up IRS Enforcement
(DBN)

____________

Aviation:

The U.S. Is Off the E.U.’s ‘Safe List.’ What Does That Mean for Americans Traveling to Europe? • Spain, Denmark: European Union countries tightening COVID-19 restrictions for US tourists
(DBN)

Video shows unruly passenger growling, screaming 'Joe Biden' on American Airlines flight
(DBN)

Boeing shareholders may pursue some 737 MAX claims against board of directors
(DBN)

American Airlines pilots' union to strike over fatigue, overscheduling
(DBN)

Airfare is set to drop this fall and airlines have already started testing cheap pricing on expensive routes
(DBN)

Nordic Aviation lines up PWC examiner as lender talks progress
(DBN)

____________

Tourism:

Visiting Maui this fall? Forget about indoor dining at restaurants, bars unless you're vaccinated.
(DBN)

____________

Consumer Finance:

Bankrupts Hold Flat, Suggesting Clear Sailing for Credit Cards into 2022
(DBN)

Massachusetts Throws in the Towel with Credit Acceptance Corporation
(DBN)

____________

Religion:

The Young And Secular Are Least Vaccinated, Not Evangelicals
(DBN)

____________

Food/Beverage:

'Suspicious, collusive and malicious': Koffee Kup attorney accuses creditors of acting in bad faith
(DBN)

Why the restaurant industry created no new jobs last month
(DBN)

Restaurant recovery gets hit hard by Delta variant
(DBN)

____________

Education:

New data reveals a stark difference in Covid-19 cases between schools that mask and schools that don’t
(DBN)

Rutgers bars unvaccinated student from attending virtual classes
(DBN)

Booted from class: Colleges penalize unvaccinated students as Delta surges
(DBN)

Women now make up almost 60% of college students—an all-time high
(DBN)

Parents find out from other parents that all of school’s kindergarten teachers have COVID-19
(DBN)

The Tragedy of America’s Rural Schools
(DBN)

____________

Pharma:

'This is an outrage:' CT not backing down after judge approves Purdue Pharma settlement plan
(DBN)

Crippled by opioid-crisis litigation, Mallinckrodt settlement brings company closer to reorganization
(DBN)

Purdue dissolves and Sacklers exit — but patients may get short shrift
(DBN)

The claim that the U.S. government already has the power to lower drug prices
(DBN)

____________

Sovereigns:

IMF says crucial Chad gets debt treatment deal with private creditors
(DBN)

____________

UK:

UK insolvency and national security – new hurdles for distressed M&A
(DBN)

Restrictions in favor of a trustee in bankruptcy - Updated Land Registry guidance
(DBN)

UK employers say Johnson's tax hike will cost jobs
(DBN)

UK to tax on shareholder profits to pay for social care reforms
(DBN)

U.K. Is Among First Western Nations to Increase Taxes to Cover Covid-19 Costs
(WSJ)

____________

EU:

Bulgaria, EU’s least vaccinated nation, faces deadly surge
(DBN)

____________

Canada:

Laurentian University president addresses insolvency and return to classes
(DBN)

Americans rushed to Canada when it first opened but crossing data shows the Great White North has lost its allure - and businesses on the border are most impacted
(DBN)

____________

MENA:

Taliban Announce Some Government Posts, and Protests Pose a Challenge • Flights Delayed as US, Taliban Struggle • Evacuees plead for action: ‘We are in some kind of jail’ • Taliban fire in air to scatter hundreds of protesters in Kabul • Blinken: Taliban not blocking departure for U.S. passport, visa holders • A curtain divides male, female students as Afghan universities reopen • US Concerned About New Taliban Government • China May Occupy Bagram Air Field • Taliban form all-male Afghan government of old guard members
(DBN)

Algosaibi group ends Saudi largest family debt case after settling $7.5bn with creditors
(DBN)

____________

Vietnam:

A Vietnamese court sentences a man to five years in prison for breaking coronavirus rules.
(DBN)

____________

France:

French economic rebound on track despite new COVID wave
(DBN)

____________

Jamaica:

Jamaica vacation plans? CDC, State Department say avoid travel to the Caribbean island
(DBN)

____________

China:

Hong Kong and Mainland China cross-border insolvency – new co-operation mechanism applied in recent cases
(DBN)

Fitch downgrades China Evergrande, flags 'probable' default • China developer Evergrande suffers second downgrade in two days
(DBN)

China Property Crackdown Alarms Analysts as Economic Risks Grow
(DBN)

____________

Latvia:

Insolvency declared mostly in retail this year in Latvia
(DBN)

____________

Germany:

German Code for Restructuring and Insolvency Law Development – stricter self-administration requirements introduced
(DBN)

____________

India:

IBBI: Financial creditors realized just 25 per cent of total claims under insolvency
(DBN)

Insolvency resolution pace slows by 45% in Q1
(DBN)

IBBI Proposes Solutions For Creditors' Stalemate, Auction Process During Liquidation
(DBN)

____________

Australia:

How Early Access Superannuation Scheme Withdrawals Are Treated in Bankruptcy
(DBN)

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