April 19, 2022

The Daily Bankruptcy News

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Law:

New ABA data shows increase in jobs for recent law grads
(DBN)

Judge awards nearly $289K as sanction for conduct of BigLaw firm and its former partner
(DBN)

The Jobs Are Plentiful For Recent Law School Graduates
(DBN)

These Are The Biglaw Firms Racking Up The Lateral Partners
(DBN)

Transgender lawyer wins suit for declaration that trans discrimination violates attorney ethics rules
(DBN)

Ex-Lt. Governor Of New York Has New Biglaw Attorneys
(DBN)

Bannon Lawyer Complains That Prosecutors Tricked Him Into 'Surreptitious' Interview With 3 Lawyers, 4 FBI Agents, And His Own Associate
(DBN)

California bar overlooks patterns of ethical wrongdoing, report says; one lawyer had 165 complaints
(DBN)

Trump attempt at a coup to be a focus of U.S. House hearings, lawmaker Raskin says Donald Trump Jr.'s fiancée, Kimberly Guilfoyle, spent 9 hours talking to the House January 6 committee 253 rioters have pleaded guilty for their role in the Capitol insurrection so far. This table is tracking them all.
(DBN)

Trump lashes out at investigation into his taxes, saying NYC authorities should focus on subway shooting and other crimes instead
(DBN)

Someone Should Have Told Elon That 'Dank Memes' Are Not An Affirmative Defense
(DBN)

Johnny Depp's bodyguard testifies about volatile relationship between the actor and Amber Heard Johnny Depp's Doctor and Nurse Testify About How Star's Fingertip Was Severed, 'Found on the Floor in the Kitchen' Guard Warned Depps: You'll Kill Each Other
(DBN)

Beverly Hills residents wake up to antisemitic flyers on Passover
(DBN)

State courts set to be next battleground over abortion
(DBN)

The Rich are Excluded from Tx. Abortion Law
(DBN)

I Know Lawyers Can't Do Math, But Cops Can't Either?
(DBN)

Report: At least 23 illegal immigrants caught in 2021 were on terror watch list
(DBN)

Migrant crossings spike as US plans to lift curb on asylum Democrats pressure Biden to back off Title 42 decision
(DBN)

US border patrol encounters over 5,000 Ukrainians in March
(DBN)

New York mother found dead in duffel bag was stabbed 58 times, police sources say
(DBN)

Fact-check: Does the Second Amendment place limits on individual ownership of cannons?
(DBN)

Mask Mandate Struck Down Because 'Sanitation' Doesn't Mean 'Keeping Things Clean' For... Reasons 'Wearing a Mask Cleans Nothing': Federal Judge Previously Deemed 'Not Qualified' by American Bar Association Puts a Stop to Airplane and Public Transit Mask Mandate
(DBN)

California Woman Pleads Guilty to Faking Kidnapping at Hands of Two Hispanic Women, Admits She Recruited Ex-Boyfriend to Help
(DBN)

Woman Who Sued Deputy for Allegedly Forcing Her into Baptism Has Died
(DBN)

Parents charged in Michigan school shooting seek lower bond
(DBN)

Mass shooting wave rattles communities large and small in US
(DBN)

Cops Who Rammed Squad Cars into Protesters Should be Charged, Says Oversight Agency
(DBN)

'Oh, Well': Prison Guard Allegedly Got Caught in Sting Operation Asking Someone to Murder a Man or Leave Him in a Coma
(DBN)

______________

Judges:

Three cases to watch as Supreme Court readies for final oral arguments of term
(DBN)

Supreme Court Justice Clarence Thomas returns to bench after illness, hospitalization
(DBN)

Judge says CDC had no authority to adopt mask mandate for planes, public transit
(DBN)

9th Circuit judge wants to pass the torch to her favored replacement; is there an 'optics' problem?
(DBN)

White House Said to Vet Two Women for Sixth Circuit Seat
(DBN)

How the Courts Are Being Used to Intimidate Americans into Silence
(DBN)

______________

Wall Street:

Stock futures slip on busy earnings day
(DBN)

______________

Religion:

The Pope Apologized. Some Conservatives Are Denying Residential School Horrors Anyway.
(DBN)

Next stop, heaven? 2 in 3 people say they're not afraid of what happens after death
(DBN)

Ukrainian marine commander urges Pope Francis to help save Mariupol: 'Prayers are not enough'
(DBN)

____________

Defense:

Another Pentagon Official Exits, Saying U.S. Is at Risk of Losing Tech Edge
(DBN)

____________

Mass Torts:

J&J's Janssen settles with WVa for $99M in opioid lawsuit
(DBN)

____________

Climate:

Outdated Energy Grid Poses Existential Threat To The Renewable Revolution
(DBN)

Northern Arizona may see drinking water cutoff as Lake Powell continues to dry up
(DBN)

____________

Tech:

Twitter Gains as It Plots Defense Strategy Against Musk Takeover Elon Musk can't afford to buy Twitter and would have to borrow against Tesla stock, according to an NYU professor Apollo Global Is Interested in Helping Finance a Bid for Twitter Twitter's board detailed its poison-pill defense against Elon Musk and 'unfair takeover tactics'
(DBN)

____________

Labor:

Lawyers Go On Strike After Governor Cuts Pay
(DBN)

Nurses at top California hospitals prepare to strike
(DBN)

In a first, Apple store workers at Grand Central Terminal sign union cards
(DBN)

____________

Crypto:

Crypto Stablecoin Collapses After $182M Hack
(DBN)

____________

Coal:

Australia Begins Long Road to Retraining Thousands of Coal Workers for Clean Energy Roles
(DBN)

____________

Fraud:

Former Morgan Stanley Adviser Accused of 'Ponzi Scheme' in SEC Suit
(DBN)

____________

Student Debt:

Biden will 'make a decision' about canceling student debt or extend the payment pause again before August, the White House says
(DBN)

Biden Cancels $7 Billion in Federal Student Loans for Disabled Students Through Data-Sharing Program
(DBN)

____________

Tax:

Treasury Blames Audit Imbalance on Underfunding of IRS
(DBN)

Bidens paid 24.6% taxes on $610,702 earnings, returns show
(DBN)

Americans' taxes used to be public — until the rich revolted
(DBN)

____________

Utilities:

Dark money helped Ohio utilities subsidize coal plants, delaying action on climate change at ratepayers' expense
(DBN)

Los Angeles, Honolulu leading US cities in solar power generation: report
(DBN)

____________

Healthcare:

We weren't supposed to get anywhere near 1 million COVID deaths in the U.S. Then we did
(DBN)

Abortion training under threat for med students, residents
(DBN)

Hospitals' massive cancer drug markups
(DBN)

____________


Economy:

Fed's Bullard Says 75 Basis-Point Hike Could Be Option If Needed
(DBN)

Goldman Sachs Sees U.S. Recession Odds at 35% in Next Two Years
(DBN)

Earnings Face Inflation Headwind, Morgan Stanley's Wilson Says
(DBN)

The Fed Is Walking A Tightrope Between Recovery And Recession
(DBN)

Majority of hourly workers at big chains earn less than $15 an hour
(DBN)

Bleak assessments of Russian economy clash with Putin's rosy claims Russian Business Lobby Pitches Plan to Avoid Corporate Defaults Bomb Threats Can't Stop One of Russia's Last Air Links to Europe Russia Has Found No Place Yet to Invest Reserves After Sanctions U.S. banks' commodity trading exposures rise on Russia conflict Russia central bank admits it's struggling to find foreign-currency options as sanctions spur 'structural transformation' As major economies meet, US looks to increase pressure on Russia Emirates will keep flying to Russia unless its owner stops it Japan, Switzerland agree to keep tough sanctions on Russia EU Can Cut Russian Energy Dependence Sooner Than Thought: Draghi Putin Plans to Meet Big Business Owners and Executives Wednesday Yellen to see Ukraine PM, avoid Russians at global meetings
(DBN)

China Is Reassessing Western Financial Power After Ukraine
(DBN)

World Bank Cuts 2022 Global Growth Outlook on Russia Invasion World Bank says war to cut global growth, boosts financing target
(DBN)

Verizon raises minimum wage to $20 an hour for U.S employees
(DBN)

Supreme Court won't hear challenge to SALT tax deduction
(DBN)

Fired NYC Teachers Are Rejected by Supreme Court in Covid Vaccine Case
(DBN)

Unvaccinated Air Force Reserve Colonel Rejected by Supreme Court SCOTUS Declines to Block Air Force from Taking Actions Against Reservist Who Claims 'Sincere Religious Objections' to COVID-19 Vaccine With three conservatives dissenting, court declines to intervene on behalf of Air Force officer who won't get vaccinated
(DBN)

How companies are responding to traveler mask mandate ruling
(DBN)

Philadelphia sued over new mask mandate
(DBN)

Corn Hits $8 a Bushel for First Time Since 2012 on Supply Woes
(DBN)

U.S. CEO pay soars 31% on stock and cash awards, study finds
(DBN)

Bank of America is confident in the economy even as its profits declined.
(DBN)

Biden Will Require New Infrastructure Projects to Use U.S. Steel, Iron
(DBN)

Global finance meeting focuses on war-driven food insecurity
(DBN)

The Unapologetic Heirs of Nazi Fortunes
(DBN)

Abbott Cost Texans $477 Million with Border Stunt
(DBN)

America's silent billionaires
(DBN)

Oklahoma Governor Seeks Massive Incentives to Lure Mystery Company
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Albany: Central Warehouse owner's bankruptcy bid ends
(DBN)

U.S. Homebuyers Are Getting Discouraged by Rising Rates and Prices
(DBN)

Homebuilder Sentiment in U.S. Drops to Lowest in Seven Months
(DBN)

Home prices seen rising, renters see purchase prospects fade: NY Fed survey
(DBN)

Soaring interest rates weigh on big bank mortgage loan growth
(DBN)

Edgemere's landlord hits back: It's 'a sinking ship' with less than $420,000 on hand
(DBN)

Homeowner groups seek to stop investors from buying houses to rent
(DBN)

North Texas Is Seeing an Unexpected Jump in Evictions
(DBN)

____________

Municipalities:

Uncertainty whether Puerto Rico HTA bond restructuring is set
(DBN)

____________

Oil/Gas:

Russia's War in Ukraine Puts Global Energy Transition at Crossroad
(DBN)

Unregulated Texas Gas Pipeline Triggers a Huge Methane Leak
(DBN)

Putin, Saudi Prince Vow To Continue OPEC+ Cooperation
(DBN)

We're in a post U.S. shale oil hyper growth world
(DBN)

___________

Coal:

A Coal Tycoon Is Making Billions in a World Aiming to Go Green
(DBN)

____________

Celebs:

Three Companies Affiliated with Alex Jones, Including InfoWars, File for Bankruptcy Under Mounting Pressure from Sandy Hook Defamation Lawsuits What Infowars' bankruptcy filing means for Sandy Hook families who sued Alex Jones for calling school massacre a hoax Infowars Bankruptcy Tactic Tips Scale Against Sandy Hook Victims Alex Jones will still likely have to pay victims' families in his Sandy Hook defamation cases despite Infowars filing for bankruptcy, lawyer says Alex Jones Pays Himself $18M, Declares Bankruptcy, Offers Sandy Hook Plaintiffs Change He Found In Couch At Infowars Studio Keeping up with Jones: Infowars' bankruptcy can't let him sidestep accountability Explainer: What does Infowars' bankruptcy filing mean? Alex Jones is holding an 'Emergency Blowout Sale' of InfoWars merchandise following the site's bankruptcy filing: 'This is do or die time' Analysis: What does Infowars' bankruptcy filing mean? Infowars Is Finally Broke With Bankruptcy Filings, It's Getting Rough for Far-Right Texas Conspiracy Theorist Alex Jones Keeping up with Jones: Infowars' bankruptcy can't let him sidestep accountability Millions in the hole over conspiracy theories, Alex Jones enters businesses into bankruptcy
(DBN)

Alex Jones Hit With $1 Million In Court Fees Over Sandy Hook, Parkland Lawsuits
(DBN)

Elon Musk Hates It When People Point Out His Predictions Were Wrong
(DBN)

Posting On Social Media May Have Just Caused Young Buck's Bankruptcy Case To Take A Bad Turn
(DBN)

____________

Politics:

Biden has told Obama he's running again
(DBN)

Disney, Built on Fairy Tales and Fantasy, Confronts the Real World
(DBN)

Kansas governor vetoes bills on trans athletes, parental rights
(DBN)

Trump's clout on the line in Senate GOP primaries
(DBN)

Democrats' worst Trump nightmare
(DBN)

Republican candidates seeking Trump's endorsement need to show him 'printouts' with 'big' fonts: 'He's not a real big digital guy'
(DBN)

J.D. Vance worried Trump could be 'America's Hitler,' according to former roommate
(DBN)

Some GOP donors reportedly told Joe Manchin that they want him to face off against Trump as a Republican in 2024
(DBN)

Why Republicans Are Boycotting the Presidential Debates
(DBN)

It's time for Sen. Dianne Feinstein — and a few others — to go
(DBN)

A Democrat in gym shorts tries to rally blue votes in Trump country
(DBN)

Warren warns Democrats must deliver more to avoid midterm wipeout
(DBN)

Democrats prepare to take second run at Biden spending plan
(DBN)

Democrats recruiting thousands of candidates for election administration offices through 2024
(DBN)

Who will run the 2024 election? They're on your ballot in 2022.
(DBN)

He thinks Trump won in 2020. Now, he wants to oversee Ohio's elections
(DBN)

Democratic challenger outraises Marjorie Taylor Greene in Georgia
(DBN)

Judge: Georgia voters can challenge Greene's reelection run
(DBN)

Former Casino Executive and Ex-Indiana State Senator Both Plead Guilty to Lying About Contributions to Local GOP Election Committees
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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 Clause:

Justices Question Fixes for U.S. Trustee Bankruptcy Fee Disparity
(DBN)

Justices Ponder How to Respond to Congress's Two-Tiered System of Bankruptcy Courts, Which Leaves Debtors in Two States Paying Much Lower Fees Than the Rest of the Country
(DBN)

____________

Bankruptcy Strategy:

Cautionary Tales Provide Lessons From Lack of Bankruptcy Planning
(DBN)

____________

Solvent Debtors:

Good Problems to Have: Recovery of Interest by Unsecured Creditors of a Solvent Chapter 11 Debtor
(DBN)

____________

Aviation:

Corporate travel recovery snagged by new concerns
(DBN)

Florida judge voids US mask mandate for planes, other travel Airline passengers are finding out about the end of mask mandates mid-flight U.S. Stops Mask Requirement on Planes After Judge's Ruling Multiple airlines, Amtrak to drop mask requirements Cheers, fear as judge strikes down U.S. transit mask mandate Court ruling creates mishmash of transportation mask rules
(DBN)

Aircraft lessors lose bid to move up Virgin creditor queue
(DBN)

____________

Education:

Philosophy Professor Who Refused to Use Student's Preferred Pronouns Gets $400,000 Settlement from Ohio School
(DBN)

Privatization of public education gaining ground, report says
(DBN)

He teaches critical race theory. He has problems with GOP efforts to ban it
(DBN)

____________

Nursing Homes:

Feds want judge to reject Florida operator's bankruptcy plans
(DBN)

Senior living municipal bonds 'most directly harmed' by pandemic: Moody's
(DBN)

Luxury senior living home is on brink of collapse, landlord says
(DBN)

____________

Sovereigns:

Russia faces first foreign default since 1918 – here's how it could complicate Putin's ability to wage war in Ukraine A Russian Sovereign Debt Default? No Longer Improbable
(DBN)

Sri Lanka Credit Rating Cut by Moody's as Looming Default to Bring Losses Sri Lanka's President Says Ready to Review Executive Powers Sri Lanka Must Show IMF Sustainable Debt Plan for Emergency Aid Sri Lankan PM says president's powers will be reduced Sri Lankan president admits mistakes led to economic crisis Sri Lanka says IMF to consider request for rapid aid Life 'very hard' for Sri Lanka fishermen in financial squall President drops 3 relatives in new Cabinet amid protests
(DBN)

____________

UK:

Johnson Faces Another Rocky Week on Downing Street Party Report UK's Boris Johnson faces wrath of lawmakers over partygate
(DBN)

U.K. Energy Bosses Warn of Steep Increase in Customers' Debt
(DBN)

U.K. Economy Set to Shrink in 2Q, Bloomberg Economics Says
(DBN)

____________

Canada:

Rising interest rates pushing more Albertans toward bankruptcy
(DBN)

Canada: No Foreign Homebuyers for 2 Years
(DBN)

____________

Spain:

Spain to Scale Back Economic Growth Outlook on Ukraine Impact
(DBN)

____________

Russia:

Russia says mass strikes launched in Ukraine Russia forces attacking along broad east front, Ukraine says Russia Dropping Bunker Busting Bombs on Ukraine Battle for Donbas: 3 reasons why Russia is shifting its war machine to east Ukraine Putin's nuclear bomber flies close to Ukraine border in major war escalation Mariupol on the brink of falling as Ukrainian fighters defy Russian surrender demands Russian warship's sinking raises tense questions about fate of crew Russian state TV touts British men captured while fighting for Ukraine U.S. to start training Ukrainians on howitzers in coming days -official Missiles Rain Down on Lviv as Russia Steps Up Attacks in Ukraine Zelenskyy promotes Ukrainian naval commander in an apparent reward for sinking Russia Black Sea flagship Russia bombs 18 residential buildings in Easter Sunday attack on Kharkiv Ukraine mayor describes 'hard' interrogation by Russian captors Russia-associated landmarks in Kyiv to be renamed, mayor says Russia's special-operations forces are under fire in Ukraine Mother of killed Russian sailor says officials are leaving them in the dark about the cruiser sinking Ukrainian millionaire says he asked the military to bomb his mansion when he saw Russian troops occupying it 40,000 Deported from Mariupol to Russia
(DBN)

Russian Orthodox leader backs Ukraine war, divides faith
(DBN)

Putin demands Russia gain control of Jerusalem church as promised
(DBN)

In Ukraine's South, Russian Occupiers Tighten the Screws
(WSJ)

Russia's ambassador to the U.S. says he hasn't talked to Putin since 2017 Russia's ambassador to the US says no one will speak to him
(DBN)

How the image of a besieged and victimized Russia came to be so ingrained in the country's psyche This is what Russia's invasion of Ukraine looks like on the Kremlin's most popular TV channel
(DBN)

Russia pushes Finland, Sweden into NATO's arms
(DBN)

____________

China:

China's Central Bank Pledges Support for Businesses Amid Covid
(DBN)

China Meets With Foreign Chambers as Lockdowns Hit Business
(DBN)

Shanghai factories sputter towards reopening as city aims to ease lockdown
(DBN)

Communist Party Urges Support for Xi as Anger Grows on Lockdowns
(DBN)

China Turns Focus on Supply Chains, Pledging More Financial Aid
(DBN)

China's Surprisingly Strong Growth Invites Analysts' Skepticism
(DBN)

DBS Cuts China's GDP Growth Forecast by Half Point to 4.8%
(DBN)

Investors turn cautious on Chinese stocks amid growth concerns
(DBN)

China Jitters Mount as Easing Calls Echo Across Trading Floors
(DBN)

Tesla Shanghai to Enter "Closed-Loop" System With Workers Sleeping in Factory
(DBN)

Covid Hammers China's Developers by Starving Them of Cash Flow
(DBN)

____________

Hong Kong:

Hong Kong Reports 613 New Covid Cases as Infections Decline
(DBN)

____________

Indonesia:

Almost All Indonesians Have Covid Antibody, March Survey Shows
(DBN)

____________

Germany:

German bosses, unions jointly oppose boycott of Russian gas
(DBN)

____________

MENA:

Jordan is Far From Being Bankrupt - PM Al Khasawneh
(DBN)

Gaza militants fire rocket into Israel as tensions soar Multiple Israeli air strikes hit Gaza Strip after Palestinian rocket attack
(DBN)

____________

Brazil:

Brazilian Miner Samarco Creditors Reject Debt Restructuring Proposal
(DBN)

Fresh Samarco setback for BHP
(DBN)

____________


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