April 26, 2022

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Top 20 Biglaw Firm Announces Reopening Plans, And Lawyers Won't Be Required To Return To The Office
(DBN)

Top Biglaw Firm Returns To The Office With Mandatory Tuesday-Thursday Attendance
(DBN)

Biglaw Leaders Realizing They've 'Got No Leverage' When It Comes To Making Lawyers Return To The Office
(DBN)

Half of UK corporate lawyers expect to leave their job within two years, report finds
(DBN)

DLA Piper adds Restructuring partner Oksana Lashko in New York
(DBN)

Law Firms Defend Sberbank, Arguing: It's a Russian State Bank
(DBN)

Law Firm Leaving Russia Has A Bit Of Trouble Describing Its Russian Spin-Off
(DBN)

The Biglaw Firm That Helped Elon Musk Buy Twitter
(DBN)

Partner Opens Up About Depression And How Firms Can Do Better
(DBN)

Debevoise names successor to veteran presiding partner Michael Blair • New Debevoise Leader Touts 'Value' as Firm Sticks to Lockstep
(DBN)

Lawyer gets 3-year suspension after alleged shooting of driver at BLM protest • Lawyer Who Shot Driver During BLM Protest Suspended From Profession
(DBN)

Cognitive Biases: Three Common Types Illustrated
(DBN)

Mark Meadows' 2,319 text messages reveal Trump's inner circle communications before and after January 6 • Texts show Trump allies pleaded on Jan. 6 and rallied after • 'Yes Sir': Sean Hannity Took Direct Orders From Mark Meadows on Election Coverage • Rick Perry Looks Terrible in Meadows' Texts • Jan. 6 Committee Asks Judge to Spike Mark Meadows Lawsuit, Reveals Testimony About How Trump Admin. Discussed Staying in Power • Jan. 6 Testimony Reveals Colleagues Basically Think DOJ Coup Lawyer Jeff Clark's An Incompetent Idiot • 'Sovereign citizen' rioter shouldn't be allowed to present an alibi when video shows her storming the Capitol: prosecutors • South Carolina Firefighter Who Yelled 'Civil War Two!' Outside Capitol Before Going in on Jan. 6 Pleads Guilty • NYT reporter explains why Jan. 6 committee will leave 'gaping hole' in report by declining to subpoena Jim Jordan
(DBN)

All's Fair In Love And Attempts To Overthrow The Rule Of Law
(DBN)

'Boilerplate Doesn't Cut It': Judge Finds Donald Trump in Contempt of Court for Flouting an Order to Comply with Letitia James' Subpoena • Trump Is Held in Contempt of Court Over Subpoenas in N.Y. Probe • Judge finds Donald Trump in contempt in New York legal fight • Trump Organization Enforcement Action Likely in 'Near Future,' N.Y. Tells Judge • Judge holds Trump in contempt, fines him $10K per day in fight over business documents • Trump Held in Contempt of Court Over Subpoenas in N.Y. Probe
(DBN)

Judge orders Cushman & Wakefield to comply with Trump property subpoenas
(DBN)

New York AG Investigates Real Estate Giant for Helping Trump
(DBN)

The biggest bombshells from the dramatic Johnny Depp and Amber Heard trial, so far • Depp recording warns of 'bloodbath' if arguments escalate • Johnny Depp Tells Jury That 'Let's Burn Amber' Text Is Just a Reference to Monty Python and the Holy Grail • Jurors hear tense audio recordings in Johnny Depp's trial against Amber Heard • Johnny Depp Testimony Wraps Up with Audio of Heated Arguments with Amber Heard, Including Her Claims That He Pushed Her
(DBN)

Supreme Court tackles case about praying football coach • SCOTUS Is Full of Questions as Justices Consider Case of Praying Football Coach • In the case of the praying football coach, both sides invoke religious freedom • The religious right had a great day in the Supreme Court • Justices seem sympathetic to coach fired for on-field prayers • Will SCOTUS Again Favor Rights of Christians Over Everyone Else? • The Best Question During Today's School Prayer Arguments Came From … Brett Kavanaugh?
(DBN)

Divided Supreme Court Allows Selective High School's Diversity Policy
(DBN)

Parkland shooter's jury search restarts anew amid dispute
(DBN)

Missouri lawmakers consider extending proposed ban on gender-affirming care to adults
(DBN)

As states consider regulation targeting transgender youths, some minds have been changed
(DBN)

FBI chief says espionage threat posed by China 'unprecedented in history'
(DBN)

Supreme Court agrees to review death row inmate's bid for DNA testing
(DBN)

Sheriff encourages homeowners to shoot burglars to 'save taxpayers money'
(DBN)

Two border mayors come out in support of ending Title 42 • White House doubles down on Title 42, sends new defense to the Hill
(DBN)

Southern border is the backdrop for GOP ads
(DBN)

U.S. Refugee Admissions at All-Time Low in 2021
(DBN)

Judge plans to hit pause on Biden effort to end Trump-era Covid restriction at border • Supreme Court to consider whether Biden can end Trump-era 'remain in Mexico' policy
(DBN)

Beverly Hills is always watching you with thousands of cameras. And the city isn't done
(DBN)

Victim's Family Believes Footage Shows Man Discarding Woman's Body in Suitcase. Judge Just Acquitted Him.
(DBN)

'Extremist' Sentenced to Life in Prison After He and Son Lured Deputy into High-Speed Chase to Kill Him
(DBN)

Texas Court Halts Execution of Hispanic Mother • Execution stayed for Texas woman who confessed in toddler's death after 100 denials
(DBN)

Bodycam footage released in deadly 'Rust' movie set shooting
(DBN)

Biden's first pardons • Biden to grant clemency to 78 people, including pardon for former Secret Service agent
(DBN)

Armed thieves follow men back to L.A. Airbnb and steal $75,000 worth of items, police say
(DBN)

______________

Judges:

Rachel Ralston Mancl Sworn In As New Bankruptcy Judge For Eastern District Of Tennessee
(DBN)

Temporary judge told litigants he knew 'zero' about matrimonial law, ethics complaint alleges
(DBN)

Remote court transcription technology enables virtual court appearances
(DBN)

Mike Lindell's new election delusion: 'All those judges Donald Trump put in, they're going to rise up'
(DBN)

No Matter How You Feel About Masks, You Should Be Alarmed by This Judge's Decision
(DBN)

______________

Wall Street:

U.S. stock futures edge lower as megacap tech earnings await • Stock futures dip slightly as market attempts to build on Monday's comeback
(DBN)

U.S. stocks ended a Manic Monday in the green — but intraday bounces like this aren't bullish
(DBN)

Positive momentum builds in Europe as global sell-off goes into reverse
(DBN)

Stocks Risk Falling Another 10% as Rates Rise, Gartman Says
(DBN)

______________

Layoffs:

Wells Fargo starts layoffs in home lending unit
(DBN)

Nektar to Cut Over 500 Jobs Following Cancer Drug Failure
(DBN)

______________

Pharma:

Warren floats executive actions for Biden admin to lower drug prices
(DBN)

Many Cancer Patients on Medicare Skip Filling High-Priced Prescriptions: Study
(DBN)

____________

Labor:

Amazon union vote begins at second Staten Island warehouse
(DBN)

____________

Crypto:

Wall Street Firms Make Crypto Push to Catch Up With 'Cool Kids'
(DBN)

____________

Politics:

Hunter Biden is prime target if Republicans win Congress
(DBN)

House Republicans plot to impeach Mayorkas
(DBN)

Donald Trump makes bizarre claim he could ban Putin from saying the word 'nuclear'
(DBN)

Kevin McCarthy Is Now Straight-Up Lying About Wanting Trump to Resign
(DBN)

Toyota Gives Money to Sedition Caucus Again
(DBN)

Michael Cohen Explodes After Trump's Latest Boast About His Intelligence
(DBN)

Poll: Manchin's popularity skyrocketed over past year
(DBN)

Congressman says he got advice from 'cult deprogrammers' to learn how to deal with his extremist Congress colleagues
(DBN)

We live in an age of misinformation. Sandy Hook was just the beginning.
(DBN)

Exxon Executive Is 'Crushed' at Hurt Caused by Pride Flag Decision
(DBN)

Pastor Franklin Graham says Disney 'flaunts sin'... Backs DeSantis • Deconstructing Disney • The Twisted Values of DeSantis' Top Anti-Disney Attack Dog
(DBN)

American Voters Haven't Been Afraid Like This in a Long Time
(DBN)

GOP Rep. Kevin McCarthy scrambles to contain fallout from leaked tape on Trump and Jan. 6 • Scandals, lies and audiotapes: Kevin McCarthy has principled Republicans squirming
(DBN)

If found guilty, the Constitution won't save Greene and Cawthorn
(DBN)

Texts show Greene urged Meadows to have Trump 'calm people' on Jan. 6: report • Marjorie Taylor Greene Texted Mark Meadows About How Trumpers Had 'No Other Choice' But to Attack Capitol • Leaked Marjorie Taylor Greene Texts Cast Doubt Upon Forgetful Testimony at Recent Disqualification Hearing • Marjorie Taylor Greene Raised 'Marshall Law' With Trump Chief of Staff • New texts reveal Marjorie Taylor Greene's panicked response on Jan. 6 • Here is Marjorie Taylor Greene's most damning 'act of insurrection' – according to the attorney who grilled her • Attorney who questioned Greene says her testimony 'stretches credulity'
(DBN)

Texts show Hannity sought to bring out the vote for Trump on Election Day
(DBN)

ABC reporter says much of Fox's coverage of the pandemic 'was very responsible'
(DBN)

Biden backs Oregon rep over progressive challenger in first midterm endorsement
(DBN)

Kansas judge rejects congressional map; appeal expected
(DBN)

Why Being Anti-Science Is Now Part Of Many Rural Americans' Identity
(DBN)

____________


Economy:

Treasury yields dip, with focus on fears of economic slowdown
(DBN)

Tripled salaries, big bonuses, spot offers: Recruiters go into extreme hiring
(DBN)

Four High Frequency Indicators for the Economy
(DBN)

Tyson Foods Is Spending $60 Million to Offer Workers Free College
(DBN)

Breakfast Gets Costlier as U.S. Ratchets Up Food-Price Forecasts
(DBN)

As inflation soars, major corporations are posting record profits. But small businesses are feeling the squeeze
(DBN)

Lagarde Says Europe, U.S. Face 'Different Beast' With Inflation
(DBN)

Are recession worries overblown? Here's why a downturn appears far off
(DBN)

Four in Ten U.S. Small Businesses Plan to Raise Prices by at Least 10%
(DBN)

Study finds 'burnout epidemic' for working women two years into pandemic
(DBN)

India's Russian oil purchases since Ukraine invasion more than double 2021 total • India's exports to Russia are costing businesses a fortune • Indian Bonds See Biggest Jump Since 2020 as Oil Prices Slide • Russia's Seaborne Oil Flows Jump to 4 Million Barrels a Day • Russia's Rosneft Fails to Award Big Oil Tender With Buyers Wary • An exiled Russian oligarch says a European ban on Russian oil and gas would deal a 'very serious blow' to Putin, cutting off about half his revenues • Borrell says no EU agreement on Russian energy embargo • A ban on Russian crude is the EU's easiest choice from a bunch of hard sanctions options, an influential energy markets historian says • The US initially held back on sanctioning Putin's rumored girlfriend as it would be seen as too personal an escalation, report says • A top Russian lender canceled nearly $6 billion in accrued interest on a perpetual bond as companies struggle to meet debt obligations • Russian rouble hits near 2-year high vs euro • What are the sanctions doing to Russia? • Russia's Alfa Bank gives clients deadline to transfer foreign securities • Otis elevators rethinks business in Russia over Ukraine war • Putin: US, allies are trying to 'split Russian society' with war in Ukraine • UBS continues to reduce Russia exposure
(DBN)

Return-to-office is driving Gen Z to quit
(DBN)

US stock sell-off deepens as China lockdown concerns stoke global growth worries
(DBN)

Food buying habits are evolving in the face of inflation
(DBN)

Half of parents still financially support their adult children, study shows
(DBN)

SoftBank Cuts Back Spending, Leaving Startups Desperate for Cash
(DBN)

Global military spending reaches record levels
(DBN)

Federal employee union says OPM hasn't addressed health, safety concerns for returning workers
(DBN)

China Lockdown Amps Up Inflation Scare for Global Markets
(DBN)

U.S. Trucking Downturn Foreshadows Possible Economic Gloom • BofA: Trucking Demand is Collapsing
(DBN)

These companies paid little to no taxes last year
(DBN)

Global military spending tops $2 trillion for first time, led by U.S.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Freddie Mac: Mortgage Serious Delinquency Rate decreased in March
(DBN)

Black Knight: "Mortgage Delinquencies Hit Record Low in March"
(DBN)

Housing and Demographics
(DBN)

Housing Inventory April 25th Update: Inventory up 1.7% Week-over-week; Up 14.2% from Seasonal Bottom
(DBN)

____________

Municipalities:

Are America's Biggest Cities Shrinking or Booming?
(DBN)

____________

Oil/Gas:

U.S. refiners set for strong start to 2022 as fuel prices surge worldwide
(DBN)

Ford ramps F-150 Lightning production in bid to dominate electric pickup market
(DBN)

GM's Corvette Is Going Electric
(DBN)

Ford Expects Combustion Engine Production To Continue "Until 2040"
(DBN)

UAE's Masdar signs deal for major green hydrogen projects in Egypt
(DBN)

Biden reverses Trump move to open up more oil drilling in Arctic
(DBN)

The Oil And Gas Industry Is Booming Despite Net-Zero Ambitions
(DBN)

Peak Oil Might Be Just Three Years Away, McKinsey Says
(DBN)

____________

Student Debt:

Nearly 9 in 10 young Americans support government action on student debt, Harvard survey finds
(DBN)

Student loan forgiveness must target the needy. Profligate collegiate spenders must pay the piper.
(DBN)

Biden's Education Department promised 7 million student-loan borrowers behind on payments 'a fresh start.' Now Elizabeth Warren wants to know how it plans to 'achieve its goal.'
(DBN)

Warren urges Biden to cancel student loan debt ahead of midterms
(DBN)

The vast majority of young Americans likely to vote want Biden to act on student debt — but many don't believe their votes make 'a real difference,' Harvard poll finds
(DBN)

____________

Rail:

Angry Railroad Customers and Employees Take Grievances to U.S. Regulators
(DBN)

___________

Accounting:

Adler Bonds Plummet as Investors Dig Through KPMG Audit
(DBN)

____________

Autos:

The good and bad news about car prices
(DBN)

____________

Finance:

Negative Yields Are Now Extinct in the World of Corporate Bonds
(DBN)

____________

Corporate Governance:

How Companies Stack the Deck for CEO Bonuses, Even in Down Years
(DBN)

____________

Religion:

Diocese of Camden reaches $87.5 million settlement with survivors
(DBN)

____________

Cruise Lines:

Ruby Princess cruise ship docked in San Francisco with 143 cases of COVID-19
(DBN)

____________

Fraud:

A Business Executive Appeals His Conviction in the Varsity Blues Scandal • 2 wealthy parents appeal convictions in college bribery case
(DBN)

Brothers charged with running elaborate memorabilia scam from their Michigan barn — and selling fake Babe Ruth and Lou Gehrig baseball bats
(DBN)

____________

Education:

Texas high school principal says demands on teachers has reached 'breaking point'
(DBN)

Some states raise teacher pay amid pandemic shortage, but can they retain the educators?
(DBN)

White Texas Students Suspended After Recording Themselves Chanting The N-Word
(DBN)

____________

Coal:

Russia's War Is Turbocharging the World's Addiction to Coal
(DBN)

____________

Transit:

Does Elon Musk Know How Subways Work?
(DBN)

____________

Climate:

Manchin Explores Possibility of Energy, Climate Package With GOP
(DBN)

Weary of many disasters? U.N. says worse to come
(DBN)

Wildfires ravage several states in "dangerously early" fire season
(DBN)

Kerry: Industry should convince Congress on climate action
(DBN)

Wind Power's 'Colossal Market Failure' Threatens Climate Fight
(DBN)

Climate Votes Fought by Major Oil Companies Get Key Backing
(DBN)

____________

Retailing:

JCPenney owners are 'set to offer to buy Kohl's' in deal that could value department chain store at $8.6 billion - just two years after it filed for bankruptcy and shut down 30% of its stores during the pandemic
(DBN)

____________

Healthcare:

U.S. Hospitals Struggle to Absorb Pandemic-Era Rising Costs
(DBN)

COVID pill to be widely available soon, White House says
(DBN)

Many COVID treatment pills going unused
(DBN)

How a Sudden Mask Ruling Left the C.D.C. Reeling
(DBN)

Pandemic Links to Children's Liver Ailment Eyed in U.K. Probe
(DBN)

Dozens of NYC teachers accused of faking vaccination cards
(DBN)

Trump disinfectant claim 'a tragedy on many levels', ex-Covid adviser Birx says
(DBN)

____________

 
New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (10 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)

Contempt:

4th Cir. Vacates Bankruptcy Civil Contempt Order Against Creditor, Holds Taggart Standard Applies
(DBN)

____________

Mass Torts:

House McKinsey Probe Eyes Risk Process Once Led by Fed's Barkin
(DBN)

Texas Two-Stepping Out of Bankruptcy
(DBN)

____________

Cross-Border:

Insolvency insights in South Square Digest special edition with INSOL International
(DBN)

____________

Aviation:

Travel mask mandates have majority support, despite the viral videos
(DBN)

Masks On Planes: How The Culture Wars Make A Big Deal About Nothing
(DBN)

'COVID ruined all my plans to travel overseas': As prices and coronavirus cases rise, Americans are conflicted about their long-awaited 'revenge travel' summer
(DBN)

Garuda Indonesia seeks $936 mln from rights issue after debt restructuring
(DBN)

____________

Insurance:

Restaurants can't recover COVID-19 losses through 'business interruption' insurance, 2 top state courts rule
(DBN)

____________

Maritime:

The head of the world's largest ship management firm seeks NATO naval escorts for vessels in the Black Sea, a report says
(DBN)

____________

Celebs:

Trump says Prince Harry is 'whipped' by Meghan, calls for stripping royal titles
(DBN)

____________

Non-Profits:

BLM leaders spent $6 million on a mansion. Some supporters don't see a problem with that
(DBN)

____________

Tech:

Musk is at Twitter's gates • Musk Says He Wants His Worst Critics to Stay on Twitter • It's official: Elon Musk will buy Twitter in $44 billion deal • Twitter Employees Search for Answers as Musk Takeover Becomes Reality • Twitter Takeover Was Brash and Fast, With Musk Calling the Shots • 4 ways Twitter could change under Elon Musk •Everything Elon Musk wants to change about Twitter • Donald Trump: 'I Am Not Going Back to Twitter,' Even With Elon Musk Taking Over • Elon Musk and Twitter: What We Know, What We Don't About $44 Billion Deal • Goldman and Morgan Stanley Lead Six Banks Sharing Twitter Deal Fees • Who is cheering, jeering Musk's Twitter deal • Elon Musk's deal to buy Twitter leaves many key questions unanswered • Jack Dorsey says Elon Musk is the 'singular solution I trust' to run Twitter • Twitter Employees Fear Musk as Owner • Elon Musk says he wants free speech, but his track record suggests otherwise • In DC, Musk's Twitter deal is either free speech victory or fuel to tax the rich • How Elon Musk won Twitter • Here's what Elon Musk is getting for $44 billion • America's most powerful man
(DBN)

Trump SPAC is down 44% since Elon Musk disclosed Twitter stake
(DBN)

Europe to slap new regulations on Big Tech, beating U.S. to the punch • EU law targets Big Tech over hate speech, disinformation
(DBN)

How Do Big Tech Giants Make Their Billions?
(DBN)

____________

Sovereigns:

Sri Lanka Cut to Selective Default by S&P After Missed Payment • Sri Lanka Opposition Gets Enough Support for No-Confidence Vote • Sri Lanka Cabinet Clears Proposal to Clip President's Power • Sri Lanka begins talks with China on refinancing debt
(DBN)

Zambia leader thanks China for help in debt restructuring
(DBN)

____________

UK:

Sue Gray report into lockdown-breaking parties so damning it could 'end' Boris Johnson's career, official claims
(DBN)

Pound's Woes Just Beginning for Standard Bank on Recession Risks
(DBN)

U.K. Manufacturers Increase Prices at Fastest Rate Since 1979
(DBN)

U.K. Says 43% of People Will Struggle to Pay Their Energy Bills
(DBN)

____________

EU:

ECB Study Sees High Energy Costs Holding Back Household Spending
(DBN)

European Gas Drops Amid Higher LNG Flows, Easing Supply Concerns
(DBN)

Energy-Hungry Europe Buys Up Supertanker-Sized U.S. Oil Cargoes
(DBN)

Economists Warn Of A Recession In Europe If Russia Halts Gas Supply
(DBN)

____________

Spain:

Green Swan's Toys 'R' Us Iberia Files for Bankruptcy Protection
(DBN)

____________

Russia:

Russia reported a large fire at an oil depot in the same area that its officials claimed was earlier attacked by Ukrainian helicopters • Russia unleashes attacks on Ukraine railways: 'There are victims' • Ukrainian lawmaker: Russia 'clearly targeted' building with civilians in Odessa • Russians Have Already Committed So Many War Crimes, It Will Take Years to Tally Them All Up • Secretary Austin: U.S. would like to see Russian military "weakened" • Pentagon chief's Russia remarks show shift in US's declared aims in Ukraine • Russia Angrily Demands US Stop Sending Weapons to Ukraine • Biden's escalating aid to Ukraine reflects a sea change in U.S. foreign policy • U.S. believes Ukraine can win the war with "the right equipment" • Russia hits rail, fuel facilities in attacks deep in Ukraine • Visiting Kyiv, Austin and Blinken share plans to step up diplomatic presence in Ukraine • Why U.S. Diplomats and Their Protectors in Ukraine Are a Key Signal to Russia • Heavy weaponry pours into Ukraine as commanders become more desperate • Ukraine takes war behind enemy lines as Russian fuel depots set ablaze • Russian Troops to Desperate Mom: Pay Ransom or We'll Kill Your Son on Video • Russia's military may be trying to hide Russian deaths in Ukraine by proposing to take over payments for family, UK says • Russian ambassador says Kremlin wants to 'stabilize' relations with US • Germany pledges quick decision on first heavy arms delivery to Ukraine • EC chief: Russian aggression is threat to Europe's security • Putin is no longer interested in negotiating with Ukraine and just wants to seize as much territory as possible instead, report says • Ukrainian cities not under Russian attack feel 'unreal,' like watching peaceful scenes on a 'large TV,' one displaced family says • Former Ukrainian president says the Vladimir Putin he once dealt with 'no longer exists' and urges the world to stay united against him • Ukrainian defense minister says international security organizations have failed • Hundreds of thousands of elderly Ukrainians stranded in freezing conditions, says NGO chief • Germany to deliver anti-aircraft tanks to Ukraine • Moscow cites risk of nuclear war as US allies pledge more arms for Ukraine • Kremlin: Don't Underestimate the Chance of Nuclear War
(DBN)

The US finally nominated an ambassador to Ukraine after 2 years of leaving the post empty
(DBN)

Indonesia Pushed to Ask Ukraine to G-20 Summit Alongside Putin
(DBN)

Tested by war, Ukraine's Jews keep faith in their country
(DBN)

Sweden, Finland to Join NATO
(DBN)

____________

China:

Shanghai's attempts to jumpstart its locked-down economy are faltering
(DBN)

China Politburo Under Pressure to Help Economy as Covid Spreads
(DBN)

Covid Lockdowns Revive the Ghosts of a Planned Economy
(DBN)

China Builder Bonds Diverge as Offshore Creditors Lose Most
(DBN)

Investment banks slash expectations for China's economic outlook — one sees GDP growth of less than 4%
(DBN)

China's CSI 300 stock index falls to 2-year low as widespread COVID-10 lockdowns dent economic outlook
(DBN)

Beijing seeks to halt the yuan's slide as China's currency hits a 17-month low against the dollar
(DBN)

A major hedge fund in China that cut its domestic stock exposure to zero expects returns to be worse than in 2008
(DBN)

Foreign investors are ditching China. Russia's war is the latest trigger
(DBN)

Beijing to mass-test most of city as COVID-19 cases mount • Fear of lockdown sparks panic buying in Bejing following Covid outbreak
(DBN)

Xi Puts Ideology Before Economy With Market-Busting Lockdowns
(DBN)

Yuan Plunges 1% for Second Day as China Covid Outbreak Worsens
(DBN)

____________

Belgium:

Two-tier board structure: liability of directors in case of bankruptcy
(DBN)

____________

Mexico:

AMLO Plans Measures to Shield Mexico From Food Price Volatility
(DBN)

____________

Germany:

The Long Shadow of Germany's Top Putin Ally Is Hemming in Scholz
(DBN)

____________

Argentina:

Inflation Got You Down? At Least You Don't Live in Argentina
(WSJ)

____________

Poland:

Poland's Plan to Help Struggling Borrowers Roils Banking Stocks
(DBN)

____________

India:

How a Creditor Revolt Scuttled Ambani's $3.2 Billion Retail Deal
(DBN)

S&P lowers ratings for Future Retail overseas bonds to 'highly vulnerable'
(DBN)

Indian lenders worried over Future group's diminishing asset base
(DBN)

Future Group to focus on saving, rebuilding firms as Reliance deal rejected
(DBN)

____________

Australia:

What are the Proposed Changes to Corporate Control Transactions in Australia?
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2022