September 9, 2021

The Daily Bankruptcy News

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Law:

Lawyer accused of calling opposing counsel ‘lowlife bottom-feeder’ says term was ‘entirely truthful and accurate’
(DBN)

Associates Are In No Rush To Return To The Office For Biglaw's 'Culture' • Big Law Office Returns Might Not Happen This Fall—and Maybe That's OK
(DBN)

Former LeClairRyan attorneys targeted in bankruptcy trustee lawsuits
(DBN)

Litigation Firm Sanford Heisler Cuts Billable Hours for Lawyers • Sanford Heisler raises salaries while lowering hour requirements
(DBN)

N.Y. state bar tackles future of legal profession 'upended' by COVID-19
(DBN)

Will Biglaw Firms Be Forced Into 2022 Office Reopenings?
(DBN)

How Legal Secretarial Roles Are Evolving in Big Law
(DBN)

University Of Arkansas Chancellor Removes President Clinton’s Name From Endowed Professorship At Law School
(DBN)

How Law Firm Owners Can Legally Get Around The $10,000 State And Local Tax Deduction Limitation
(DBN)

Biglaw Firms Can Be A Liability To Clients
(DBN)

Reed Smith adds leading finance and restructuring lawyer Kathleen Garrett as a partner in London
(DBN)

South Carolina suspends lawyer Alex Murdaugh's law license as investigation widens
(DBN)

District attorney is accused of offering bribes to prosecutors, suborning perjury • Georgia District Attorney Indicted on Nine Felony Charges, Including Bribery and Subornation of Perjury
(DBN)

Ethics opinion addresses lawyers’ ‘passive investment’ in firms in jurisdictions allowing alternative business structures • ABA blesses some lawyer investment in alternative legal biz structures
(DBN)

How could the DOJ counter Texas abortion restrictions? Law prof suggests prosecution • The Biden administration is gearing up to sue Texas over its abortion legislation, a new report says • Fighting Texas abortion law could be tough for federal gov’t
(DBN)

Rather Than Defend Against Misconduct Allegations, Lawyer Just Quits
(DBN)

These District Attorneys Are Basically Working For Magic Beans
(DBN)

Starting Salaries For District Attorneys In All 50 States
(DBN)

Why the ACLU Flip-Flopped on Vaccine Mandates
(DBN)

Pelosi says participants in Sept. 18 Capitol rally are 'coming back to praise the people who were out to kill' on Jan. 6 • Capitol police chief set to brief Pelosi, Schumer, McConnell, McCarthy on rally for jailed Jan. 6 rioters • Police planning to reinstall Capitol fence ahead of rally • FBI releases new footage of Jan. 6 pipe bomb suspect • Capitol Police memo warns of potential for violence during September 18 rally • Judge Grills Prosecutors on Obstruction Charges in Oath Keepers Cases, a Legal Issue That Could Shake Up Jan. 6 Docket
(DBN)

John Pierce, lawyer for Jan. 6 Capitol riot defendants, is planning his return • Lawyer for accused U.S. Capitol rioter asks to move trial from Washington
(DBN)

Pro-Trump lawyers face $200,000 legal bill for 'frivolous' election case
(DBN)

Former Georgia district attorney booked on charges of obstructing Ahmaud Arbery case • Our First Look at Ex-DA After Her Arrest for Alleged Obstruction in Ahmaud Arbery Case
(DBN)

3 Vermont State Troopers Investigated Over Fake Vaccination Cards • 3 state troopers in Vermont resign after allegedly making fake Covid vaccination cards
(DBN)

Elderly Woman with Dementia Wins $3 Million Settlement After Violent Arrest. Now Her Attorney Is Pledging a $50,000 Donation for Police Chief's Ouster.
(DBN)

Florida Judge Allows School Mask Rules as DeSantis Appeals
(DBN)

Texas governor defends abortion ban with vow to 'eliminate all rapists.' Democrats call it 'magical thinking.'
(DBN)

Democrats have a high-risk, high-reward plan to save Roe v. Wade
(DBN)

Half of LGBTQ workers have faced job discrimination, report finds
(DBN)

Feds: Shipment headed to Houston had enough fentanyl to kill hundreds of thousands of people
(DBN)

Florida deputies got a murder suspect to surrender. Their sheriff said he wishes they would have killed him.
(DBN)

Beatings, buried videos a pattern at Louisiana State Police
(DBN)

‘Not Going to Do This Anymore’: Fed-Up Prosecutor Is Done With BS Traffic Stops
(DBN)

Prince Andrew bolts for Balmoral in bid to avoid being served sex assault papers
(DBN)

Florida 'cyber grave robbers' charged with condo collapse ID theft
(DBN)

Supreme Court stays execution over inmate's pastor request
(DBN)

Did the C.I.A. stop an F.B.I. detective from preventing 9/11?
(DBN)

Pentagon chief: al-Qaida may seek comeback in Afghanistan
(DBN)

______________

Judges:

Notice of Vacancy - U.S. Bankruptcy Judge, Middle District of North Carolina
(DBN)

Supreme Court to Return to Courtroom Starting in October • Supreme Court hanging up phone, back to in-person arguments
(DBN)

Biden expected to nominate historically diverse group, including 3 Latinos, for federal judgeships • Biden Announces Seventh Batch of Nominees for Lifetime Federal Judgeships — Here’s What We Know
(DBN)

Neither Novel Nor Procedural Nor Questions
(DBN)

‘I messed up’: judge to be suspended, admits mistakes
(DBN)

______________

Wall Street:

Stock futures trade lower after Fed said economy slowed over summer
(DBN)

World shares slip as Fed signals ‘downshift’ in economy
(DBN)

Global stocks slide for a 3rd day as investor jitters grow over the withdrawal of central bank stimulus
(DBN)

The S&P 500 will decline 6% through the end of this year as upside has run out and risks are growing, Bank of America says
(DBN)

______________

Layoffs:

For Delphi's former salaried workers, retirement has been a long fight for fair treatment
(DBN)

______________

Retailing:

New York’s ABC Carpet & Home Prepares To File for Bankruptcy
(DBN)

Whole Foods Will Experiment With Cashier-Less Stores
(DBN)

Retail Brands Gear Up For Second ‘Shippageddon’
(DBN)

Pandemic caused ‘huge disruption’ with shift to e-commerce: Williams-Sonoma CEO
(DBN)

Investors hit pause as GameStop goes quiet on reorg
(DBN)

____________

Fraud:

Opening statements are set to begin in the trial of Theranos’s Elizabeth Holmes.
(DBN)

'Failure is not a crime,' defense says in trial of Theranos founder Holmes • Prosecutors slam disgraced Theranos founder Elizabeth Holmes in opening statements • Elizabeth Holmes drawn as villain, underdog as trial begins
(DBN)

'Holmes Holmies': Theranos CEO lookalikes draw attention as trial starts
(DBN)

In Silicon Valley, Criminal Prosecutors See No Evil
(DBN)

College Scandal’s Holdout Parents Aim to Put Admissions on Trial
(DBN)

Clinton Portis faces prison time after guilty plea in NFL players' health-care fraud case
(DBN)

Three retired NFL players plead guilty to health care fraud scheme
(DBN)

False Claims Act and PPP Fraud: When Will the Other Shoe Drop?
(DBN)

____________

Healthcare:

COVID cases hold steady while hospitalizations, deaths rise
(DBN)

Officials: Health care rationing could spread across Idaho • Idaho begins rationing health care as Covid surge crushes hospitals • Idaho patients in hospital halls amid COVID rationed care
(DBN)

Ida and COVID-19: ‘Twin-demic’ slams Louisiana hospitals
(DBN)

3 concerning variants have caught scientists' attention since Delta emerged - here's how they compare
(DBN)

Global Vaccine Program Covax Cuts 2021 Supply Forecast
(DBN)

WHO extends call for a moratorium on Covid booster doses until the end of the year
(DBN)

COVID-19 surge in the US: The summer of hope ends in gloom
(DBN)

Side effects of desperation: Why vaccine skeptics are all in on ivermectin
(DBN)

Better Data on Ivermectin Is Finally on Its Way
(DBN)

Jimmy Kimmel suggests hospitals shouldn't treat unvaccinated patients who prefer ivermectin
(DBN)

Countries should prioritize pregnant, breastfeeding women for COVID-19 shots -PAHO
(DBN)

White House signals new COVID-19 measures coming for unvaccinated Americans
(DBN)

____________


Economy:

U.S. Job Openings Rose to a Record 10.9 Million in July • BLS: Job Openings Increase to Series High 10.9 Million in July • U.S. job openings vault to record high as employers scramble for workers • Economic oddity: Record job openings and many unemployed
(DBN)

Fed survey finds US economic growth dropped in summer due to COVID
(DBN)

Fed's Bostic expects central bank to pull back on asset buying this year
(DBN)

America's new retirement age is 62 - or younger. The 'Great Resignation' is giving boomers their golden years back.
(DBN)

Government and private household debt relief during COVID-19
(DBN)

$23 trillion and counting: Inequality has cost the U.S. economy a hefty sum
(DBN)

AI tools that companies use to scan resumes are stopping 27 million people finding new jobs, a Harvard report says
(DBN)

Businesses are feeling stronger inflation and paying higher wages, Fed’s ‘Beige Book’ says
(DBN)

Delta and shortages trip up U.S. economy and spur Wall Street to chop GDP forecasts
(DBN)

Another 4 million workers just quit for the fourth month in a row, and it shows how Americans are rethinking work in a way they haven't in decades • Amid the ‘Great Resignation,’ just 7% of Americans say they have their dream job, survey finds
(DBN)

Democratic Divisions Jeopardize Scope of Biden Economic Plan
(DBN)

Senate Democrats weigh extending Biden's monthly $300 checks to families to 2024 in $3.5 trillion social spending plan
(DBN)

Go time on infrastructure
(DBN)

Moderate Democrats want the $3.5 trillion spending plan to lift caps on SALT deductions
(DBN)

Democratic leaders betting Manchin will back down in spending fight
(DBN)

Biden says jobs that pay $45 or $50 an hour - not $7 or $12 - are part of his climate-infrastructure plan
(DBN)

Nobelist, senior Democratic economist Stiglitz says Fed's Powell should go
(DBN)

Yellen Says Debt-Limit Measures to Be Exhausted in October • The United States could default on its debt in October, Janet Yellen warns • 'Financial Armageddon.' What's at stake if the debt limit isn't raised • Democrats will not raise debt limit in $3.5 trillion bill -Pelosi
(DBN)

Vast Expansion in Aid Kept Food Insecurity From Growing Last Year
(DBN)

The top 1 percent are evading $163 billion a year in taxes, the Treasury finds.
(DBN)

Native American women lose nearly $1 million to pay gap over their careers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Black Knight Mortgage Monitor for July; Tappable Equity Rises to All-Time High of $9.1 Trillion
(DBN)

Most expensive home in America defaults on $165 million in debt, heads for sale
(DBN)

Office Occupancy Sputtered in August as Delta Variant Foiled Return-to-Work Hopes
(WSJ)

Forbearance Will Not Lead to a Huge Wave of Foreclosures
(DBN)

Fed Official Who Warned on Real Estate Was Active REIT Trader
(DBN)

Homebuilder Pulte Takes Hit With Building Materials Hard to Find
(DBN)

Washington Prime Group, facing an uncertain future, will go private
(DBN)

Eventbrite sheds most of its SF office space a year after mass layoffs
(DBN)

____________

Municipalities:

Cities are taking it slow with American Rescue Plan funds
(DBN)

____________

Oil/Gas:

Biden’s Call for More OPEC Oil Is Still Bugging Shale CEOs
(DBN)

House Set to Advance Offshore Drilling Ban in $31 Billion Bill
(DBN)

Over 80% of oil output in Gulf of Mexico still offline a week after Ida
(DBN)

U.S. crude output to decline more than expected after Ida -EIA
(DBN)

Baker Hughes, Schlumberger count on clean energy for growth
(DBN)

World’s Top Oil Guzzlers Surpass Pre-Pandemic Consumption
(DBN)

New York Sets 2035 Zero-Emission Passenger Car Goal
(DBN)

AP FACT CHECK: Biden overstates UAW support of electric cars
(DBN)

____________

Personal Finance:

Cash Is King for America’s Pandemic Newlyweds
(DBN)

____________

Education:

Democrats ready $450 billion plan to expand child care and prekindergarten as broader economic package hits new political snags
(DBN)

After 2 teachers die, a small Texas town rethinks masks
(DBN)

3 men who threatened a school principal with zip ties after one of their sons was told to wear a mask have been charged
(DBN)

Parents of kids with disabilities sue Iowa over ban on mask mandates
(DBN)

What does back-to-school look like during COVID?
(DBN)

____________

Student Debt:

A student-loan financing company just got caught reportedly misleading borrowers by saying a loan isn't a loan
(DBN)

CFPB Alleges Income Share Agreements are Extensions of Credit in Results-Oriented Enforcement Action against ISA Originator
(DBN)

Loan Forgiveness for Disabled Borrowers Was 10 Years in the Making
(DBN)

____________

Mass Torts:

Have USA Gymnastics and Abuse Survivors Agreed on a Proposed Settlement?
(DBN)

____________

Live Performances:

Patton Oswalt cancels shows in Florida, Utah after venues fail to comply with his Covid requests
(DBN)

____________

Pharma:

Markey slams Purdue Pharma opioid bankruptcy settlement
(DBN)

New York AG: Purdue Pharma settlement doesn't undo the losses we've felt
(DBN)

Settling with the Sacklers
(DBN)

Mallinckrodt, with key settlement in hand, races to push through new reorg plan
(DBN)

____________

Coal:

Coal Power Revives Left-for-Dead Bonds as Chile’s Drought Rages
(DBN)

____________

Politics:

More Americans say 9/11 changed U.S. for worse than better, Post-ABC poll finds
(DBN)

Trump Sidelines Rivals, Keeps Cash by Playing Coy on 2024 Bid
(DBN)

Statue of Gen. Robert E. Lee comes down in Virginia capital • Trump issues statement against Richmond tearing down statue of General Robert E. Lee, calls him a great 'unifying force'
(DBN)

Biden forces out former Trump officials from military academy advisory boards
(DBN)

Obama backs Newsom in TV ad ahead of California recall vote
(DBN)

Democrats sound alarms in state legislatures
(DBN)

Texas and the Dangerous Rise of Vigilante Democracy
(DBN)

US Election Workers are Still Under Attack • U.S. election workers get little help from law enforcement as terror threats mount
(DBN)

Greg Abbott to End Rape in Texas • Abbott Under Fire for Abortion Law Comments
(DBN)

Feds Ask Marjorie Taylor Greene to Account for Over $3.5M of Unitemized Donations
(DBN)

Texas Republicans plan expanded election audits
(DBN)

Democrats to make pitch Friday for pathway to citizenship in spending bill
(DBN)

____________

 
New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (120 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 in the Eighth Circuit: The data from the first 18 months
(DBN)

____________

Contempt:

Use Clarity to Avoid Contempt in Bankruptcy
(DBN)

____________

Aviation:

United Airlines staff with vaccine religious exemptions face unpaid leave
(DBN)

A Chicago woman who missed her flight at a Florida airport said there was a bomb in her checked baggage, officials say
(DBN)

Cathay Pacific Fires Crew Members Who Didn’t Get Covid Vaccines • Cathay Pacific to close London pilot base, review U.S. bases
(DBN)

Ryanair Says Brexit Forces Sale of 1 Million Investor Shares
(DBN)

Malaysia's AirAsia reports smaller Q2 loss, lockdown slowed sales
(DBN)

Air Namibia Still Owes N$3,5 Billion
(DBN)

Time ripe for airline disruptors
(DBN)

Qantas to ban unvaccinated travelers from international flights
(DBN)

Gov’t aid for PAL will depend on Chapter 11 outcome — Dominguez
(DBN)

____________

Food/Beverage:

Farm and meatpacking workers could get $600 bonus from federal government
(DBN)

____________

Celebs:

Erika Jayne criticized for posting topless photo on social media amid legal drama
(DBN)

The Inside Story on the Move to End Britney's Conservatorship
(DBN)

____________

Conventions:

Crushed by pandemic, conventions mount a cautious return
(DBN)

____________

Climate:

Solar Needs to Quadruple for U.S. to Have Carbon-Free Grid • From 4% to 45%: Biden Offers Ambitious Blueprint for Solar Energy • Biden wants the sun to provide nearly half the nation's electricity by 2050
(DBN)

In California, a heat advisory and a wildfire season that is ‘far from over.’
(DBN)

No Hurricane Has Hit U.S. Energy Markets Quite Like Ida Has
(DBN)

Hurricane Ida could cost $95 billion, making it 7th costliest since 2000
(DBN)

Chinese Coal Prices Hit Record Highs
(DBN)

Largest Air Carbon Capture Device Turned On
(DBN)

Biden, Dems push Civilian Climate Corps in echo of New Deal
(DBN)

____________

Utilities:

With Wildfires Come Lawyers, but Past Survivors Have a Message: Buyers Beware
(DBN)

Griddy customers now must pursue paybacks from natural gas and electricity providers
(DBN)

Power Companies Face $135 Billion ‘Debt Trap’ on Climate Delay
(DBN)

____________

Sovereigns:

Debt Treatment from Chad’s Private Creditors is Crucial to its Economic Recovery • IMF says crucial Chad gets debt treatment deal with private creditors
(DBN)

____________

UK:

U.K. Tax Increase Puts 50,000 Jobs at Risk, Business Lobby Warns
(DBN)

Britain no longer in top 10 for trade with Germany as Brexit bites
(DBN)

U.K. Water Firms Allowed to Dump Sewage Due to Chemical Shortage
(DBN)

KPMG's UK arm among first to set targets for working class staff
(DBN)

____________

Canada:

Trudeau Has 12 Days to Salvage His Career After Election Blunder
(DBN)

____________

MENA:

Saudi Arabia's AHAB settles 12-year debt dispute
(DBN)

Restructuring in the Middle East: developments in the UAE and KSA
(DBN)

Taliban to allow 200 Americans, other civilians to leave Afghanistan -U.S. official • Blinken Seeks Common Ground On Taliban, Meets Afghans At Germany Base • Blinken calls on Taliban to allow charter flights to leave Afghanistan • Who leads Afghanistan's new government? Here's what we know about the Taliban's top officials. • Inside the Taliban’s hellish new government packed with terrorists linked to 9/11, Brit squaddie killers and torturers • Meet Afghanistan's new leaders, not unlike its old leaders • Afghanistan’s last Jew escapes to US in ‘rescue operation’ amid fears of IS-K or al-Qaeda attack • World wary of Taliban government, Afghans urge action on rights and economy • 'Governing Afghanistan today will not be easy' • U.S. caring for more than 100 unaccompanied Afghan children • Ghani Apologizes for Leaving Afghans ‘Without Stability’ • Afghanistan's former president, who fled the day the Taliban entered Kabul, said he left because he thought it was the 'only way to keep the guns silent' • The U.S. helped design Afghanistan's constitution. It was built to fail • Taliban bans all protests that don't have its approval • An expert says the Taliban has ‘almost no chance’ of getting its hands on the Afghan central bank’s nearly $10 billion in reserves that’s mostly stashed in New York • What to expect from Taliban 2.0 • Taliban hard-line path worsens Afghanistan dilemma
(DBN)

Weddings and other gatherings are banned as the West Bank battles a new virus outbreak.
(DBN)

Why did the UAE kidnap, abuse, and deport 700 African workers?
(DBN)

As Lebanon's economy unravels, dollar bills and connections pay off
(DBN)

____________

Australia:

Amid a slow vaccine program, Australia’s contacts with Pfizer come under scrutiny.
(DBN)

____________

South Korea:

South Korea’s surge in Covid cases threatens its plans for reopening.
(DBN)

____________

France:

Trial Over November 2015 Paris Terrorist Attacks Begins • A night of terror left 130 dead in Paris. Six years later, France opens its biggest ever trial.
(DBN)

____________

China:

Evergrande Dollar Bonds Fall After Suspended Loan Payment Report
(DBN)

____________

South Africa:

South African Business Mood Slumps After Riots, Port Disruptions
(DBN)

Worst-Ever Death Claims Lay Bare Pandemic’s Toll on South Africa
(DBN)

____________

Indonesia:

Indonesia Consumers Are Most Pessimistic in 16 Years on Outbreak
(DBN)

____________

Philippines:

Restaurateurs, Barbers Reel as Philippines Flipflops on Curbs
(DBN)

____________

Japan:

Japanese Merchants’ Mood Slides Most in 18 Months on Delta Surge
(DBN)

Japan extends virus emergency until end of September
(DBN)

____________

Nigeria:

Nigeria: 30 States Risk Bankruptcy As Lagos, Rivers Set for New Vat Regime
(DBN)

____________

India:

3/4th of liquidated companies were in BIFR or defunct: IBBI data
(DBN)

____________


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