August 23, 2022

The Daily Bankruptcy News

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Law:

Worried About Law School Student Loan Repayment? You're Not The Only One.
(DBN)

The Biglaw Firm With The Most Women Partners (2022)
(DBN)

Biglaw Firms Are Handing Out Tons Of Summer Associate Offers Before OCI Even Starts
(DBN)

'Having It All' Is Overrated
(DBN)

Law school achievement gap by gender for faculty and deans examined in new paper
(DBN)

Jonathan Turley Very Upset That Merrick Garland Isn't Cartoonishly Bad At His Job
(DBN)

Ask the 'Coupologists': Just What Was Jan. 6 Anyway?
(DBN)

FBI affidavit may be 'road map' for Trump lawyers, Schiff warns GOP lawmaker says Trump may have kept classified documents at Mar-a-Lago to write a memoir Jared Kushner said the Mar-a-Lago raid was a mistake by Trump's enemies. He spoke after rampant speculation that he may have tipped off the FBI Trump Judge Affirms DOJ Hasn't Made Case to Seal Affidavit Judge warns redactions in Trump warrant affidavit could render it 'meaningless' Judge says FBI's evidence for searching Mar-a-Lago is 'reliable' Trump Papers' Secrecy Spurs FBI Into Trust-Us Mode on Search Trump Search Puts FBI in Jam Between Secrecy and Calls for Public Scrutiny Polls reveal Trump's FBI search bump Florida judge outlines intent to unseal parts of Mar-a-Lago affidavit FBI unlikely to search Bedminster golf club or Trump Tower following Mar-a-Lago raid, says ex-DOJ official Thinking Like A Person, And A Lawyer, About The Trump Search Warrant Magistrate Explains What We Can Expect to Learn from Trump Affidavit Containing Probable Cause 'Evidence of Multiple Federal Crimes' at Mar-a-Lago The FBI found White House documents stowed away in a closet at Mar-a-Lago amid search for sensitive and top secret information: report FBI's Mar-a-Lago search ignites the right Trump Had 300 Classified Documents At Mar-A-Lago, Called Boxes 'Mine': Report Trump described boxes of classified documents as 'mine' and swatted away White House officials who tried to return documents from Kim Jong-un and Barack Obama: report New Trump lawsuit suggests the 'shockingly aggressive' FBI Mar-a-Lago raid caused distress for 'most Americans' Trump Files Lawsuit Against U.S. Government, Claims 'Most Americans' Are Distressed by 'Shockingly Aggressive' Search of Former President's Home Fox News: Stop It! The Trump Search Was Justified Gang of 8 Want to See Mar-a-lago Docs Archives warned of national security damage from Trump's classified Mar-a-Lago docs, letter shows
(DBN)

Trump Lawyers Promise To 'Come Out Swinging' ... And It Only Took Them Two Short Weeks!
(DBN)

Trump PAC paid defense lawyers nearly $1 million in July amid Georgia, NY probes
(DBN)

Judge sets timeline for motions regarding Graham Georgia grand jury subpoena
(DBN)

DOJ must release memo involving investigation into Trump's actions during election probe, appeals court says
(DBN)

Colorado lawmaker leaves GOP citing Jan. 6 attack and Trump Lawyer for Accused Capitol Rioter Compares Jan. 6 to Black Lives Matter Protests: There's 'Some Commonality'
(DBN)

SCOTUS should uphold long-standing precedent in case involving objection to same-sex marriage, ABA says
(DBN)

How Idaho became ground zero in the federal-state abortion fight Texas Supreme Court's advisory committee supports rule allowing judicial approval of abortions for minors Bipartisan Bill Would Codify Roe
(DBN)

Defense Attorney Sentenced To 5 Years In Prison On Money Laundering Charges
(DBN)

New York attorney general's actions over rape case are 'a sinister abuse,' dissenting judge says
(DBN)

'His Brain Is Broken': Parkland School Shooter's Biological Mother Used Drugs and Alcohol While Pregnant, Lawyer Tells Jury Parkland school shooter's defense lawyer urges jury not to seek death penalty
(DBN)

11th Circuit Puts Subpoena of Sen. Lindsey Graham on Hold, But Not Without Handing Him a 'Partial' Loss Already
(DBN)

DNA from letter sent to local newspaper helps solve 34-year-old cold case murder of Pennsylvania mom
(DBN)

Mother Indicted for Murder After She Failed to Get Her 18-Year-Old Daughter Treated for Medical Problems: Authorities
(DBN)

Jury gets case of 2 men charged in Gov. Whitmer plot
(DBN)

Survey: Most Want Stricter Gun Laws
(DBN)

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Judges:

Florida's Anti-Woke Law Benchslapped By Federal Judge
(DBN)

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Wall Street:

Stock futures inch higher after major averages suffer worst day since June
(DBN)

Nasdaq slumps more than 2% on fears of aggressive Fed Wall Street ends sharply lower on fears of aggressive Fed
(DBN)

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Layoffs:

Ford to cut around 3,000 jobs in U.S. and Canada
(DBN)

Teva charts 300-plus layoffs at troubled California plant
(DBN)

BMI to Lay Off 'Just Under 10%' of Workforce
(DBN)

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Student Debt:

Larry Summers Says Student Loan Debt Relief Is Inflationary
(DBN)

Majority worried about student loan forgiveness impact on inflation: poll
(DBN)

Biden could reportedly cancel up to $10,000 in student debt for borrowers making under $125,000 a year this week
(DBN)

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Climate:

Water Level Deepens at Key German Chokepoint on Rhine River
(DBN)

Study: Already shrunk by half, Swiss glaciers melting faster
(DBN)

Heavy rains and flooding threaten drought-stricken South and Southwest
(DBN)

Herschel Walker blasts climate bill: 'Don't we have enough trees around here?'
(DBN)

These Trees Are Spreading North in Alaska. That's Not Good
(DBN)

John Oliver sets up his own business to call BS on carbon offsets
(DBN)

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Fraud:

Ecclestone Pleads Not Guilty in Fraud Case Over £400 Million of Foreign Assets
(DBN)

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Retailing:

Bed Bath & Beyond reportedly taps law firm specializing in bankruptcy
(DBN)

Why Bed Bath & Beyond Might File for Bankruptcy
(DBN)

Bonds of Bed Bath & Beyond Collapse on Bankruptcy Fears as Suppliers with Unpaid Bills Halt Shipments
(DBN)

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Healthcare:

Polio Vaccines Are Urged in New York as Once-Defeated Virus Lurks
(DBN)

Fauci Says He Will Step Down in December to Pursue His 'Next Chapter'
(DBN)

Newsom vetoes bill to allow supervised drug use in 3 California cities
(DBN)

New York State Led US Life-Expectancy Drop in 2020, CDC Says
(DBN)

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Economy:

Business economists give soft landing the side-eye
(DBN)

Four High Frequency Indicators for the Economy
(DBN)

Fed to slow to 50 bps hike in September; recession worries grow: Reuters poll
(DBN)

50% of employers expect job cuts, survey finds
(DBN)

Powell has the chance to resolve the disconnect between the Fed and markets this week, and the US can avoid a downturn with the right policy moves, Mohamed El-Erian says
(DBN)

Poll: Americans categorized as "suffering" reaches record high
(DBN)

Fed Diversity Is Improving. It Still Has a Long Way to Go
(DBN)

The Fed will issue its final big rate hike next month before pivoting as inflation cools, setting stocks up to rally through year-end, JPMorgan says
(DBN)

There's no going back for office workers
(DBN)

Mexico City becomes 'work from home' haven for US expats, but locals are getting priced out
(DBN)

A grim winter will test Europe's support for Ukraine like never before European Buyers Are Snapping Up the Most Russian Crude Since April UK Energy Bills for Average Household Projected to Hit £3,554 Europe energy jumps as latest Russian gas cut plan stokes fear German Power Price Soars, Hitting 700 Euros for First Time Ever EU Foreign Policy Chief Rejects Calls to Ban All Russian Visas Russian oil exports to Europe hit 4-month high as embargo looms while demand from Asia continues to drop Aluminum Smelters Shutter Operations In Europe As Power Prices Soar Europe Braces for More Cuts in Russian Oil and Gas Exports Europe is in for 5 to 10 'difficult' winters as energy prices soar, Belgian prime minister says Sending Canadian LNG to Germany is 'doable,' Trudeau says
(DBN)

Abortion Travel Benefit Deemed Safest as Part of Health Coverage
(DBN)

New York Draws Rare US-Flagged Ships as Fuel Stocks Drop
(DBN)

America used to regulate business. Now government subsidizes it
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home prices plunging in 'pandemic boomtowns' as market slumps
(DBN)

Housing Market Sees Troubling Sign as Mortgage Lenders Fail
(DBN)

New Apartments at 50-Year High May Ease Pressure on US Rents
(DBN)

Rising rates lead hundreds of thousands to drop FEMA flood insurance: report
(DBN)

Housing Inventory August 29th Update: Growth has Slowed
(DBN)

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Municipalities:

Blackouts spur criticism of Puerto Rico's LUMA Energy
(DBN)

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Oil/Gas:

Charter rates for natural gas supertankers have surged 124% as tight supplies ramp up competition for ships
(DBN)

Despite demand for oil and gas, Chevron exec says company is committed to energy transition for the long haul
(DBN)

U.S. court upholds Conoco's $8.7 billion award for loss of Venezuela assets
(DBN)

US gas prices have fallen below $4 a gallon - but Americans should brace for another rally this winter, Bank of America says
(DBN)

Bearish Sentiment Has Taken Hold Of Oil Markets
(DBN)

____________

Education:

Teachers at Ohio's largest school district vote to strike just as school starts
(DBN)

Florida school district rejects dictionary donations amid new book law
(DBN)

Alarm over Texas law forcing schools to display 'In God We Trust' signs
(DBN)

____________

Hotels:

'Deadly drop': Hotel housekeeper faces avalanche of laundry showing desperate hotel labor shortage in viral TikTok posts
(DBN)

____________

Crypto:

FDIC orders Sam Bankman-Fried's FTX and other crypto sites to stop telling customers their funds are insured
(DBN)

Reddit Crypto Traders Fight Bankrupt Lenders
(DBN)

No Safety Net From Crypto Collapses, German Regulator Warns
(DBN)

Mt. Gox Creditors Near Payout, Sparking Fears of Bitcoin Price Crash
(DBN)

Hodlnaut owes US$200 mln debt to 17,000 creditors: report
(DBN)

____________

Cosmetics:

Revlon swings wildly as traders play bankruptcy angles
(DBN)

Revlon's furious stock rally complicates cosmetics maker's bankruptcy
(DBN)

Revlon Tells Bankruptcy Judge Its Shares May Be Worthless
(DBN)

Revlon pushes back against shareholder demand for equity committee
(DBN)

____________

Ride Hailing:

Lyft to Disabled: We're Not a Transport Co.
(DBN)

____________

Politics:

Ex-Fox News editor Chris Stirewalt says network viewers would've been more prepared for a Trump loss in 2020 if they'd been given 'a more accurate' view of the race: book
(DBN)

GOP extends Hispanic outreach to down-ballot state races
(DBN)

Number of Republicans who say they support Trump over GOP rises: poll
(DBN)

Board: SD Gov. Kristi Noem may have 'engaged in misconduct'
(DBN)

New York takes center stage in fight for control of the House
(DBN)

How True the Vote Fabricates Fraud Claims
(DBN)

McConnell: There is Very Little Election Fraud
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (6 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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 Statistics:

Measuring Up Chapter 11 Megacase Magnets at Midyear
(DBN)

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Mass Torts:

3M Awaits Bankruptcy Ruling That Could Sink Litigation Tactic
(DBN)

Johnson & Johnson to use Texas bankruptcy plan to fight two states' talc cases
(DBN)

Ohio's $650 million opioid ruling against major pharmacies may spook pharmacists
(DBN)

Revealed – likely next steps for Boy Scouts of America insurers
(DBN)

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Executory Contracts:

A Modified Countryman Test for Multi-party Executory Contracts
(DBN)

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Aviation:

Passenger says British Airways crew member cried amid string of setbacks that caused flight to land 29 hours late
(DBN)

SAS closes 700 million dollars financing deal with private equity firm
(DBN)

British Airways to cut winter schedule capacity
(DBN)

Airline passengers with disabilities share their travel nightmares: Being forgotten on planes, receiving damaged wheelchairs, or facing life-threatening injuries
(DBN)

Portuguese airline TAP halves first-half losses
(DBN)

____________

Autos:

Used Vehicle Wholesale Prices Decreased 3.6% in First Half of August; Goldman Sees Sharp Decline in User Car PCE Inflation
(DBN)

That Wallet Better Be Ford Tough: Jury Drops Almost $2B In Punitives On Car Manufacturer
(DBN)

____________

Movie Theaters:

The good people at Cineworld confirm they have bankruptcy on the brain
(DBN)

AMC shares plunge as rival theater warns of possible bankruptcy
(DBN)

Cinemas under spotlight as Cineworld stares at possible bankruptcy
(DBN)

Cineworld risks bankruptcy. Why it's a 'warning' for other cinemas
(DBN)

Movie Theaters Are Being Starved To Death
(DBN)

AMC's Poor Shareholders: Heads They Lose, Tails They Don't Win
(DBN)

Cinema sector faces challenges as home streaming takes off
(DBN)

Movie theaters brace for a rough intermission
(DBN)

____________

Celebs:

'Massive Tax Fraud': Creditor Of Erika Jayne's Husband Demands Trial In Battle With Bravo Star Over $5 Million
(DBN)

____________

Tech:

Elon Musk subpoenas Jack Dorsey
(DBN)

____________

Sovereigns:

Ethiopia expects IMF visit in September
(DBN)

Paris Club co-chair: We need to show more progress on debt restructuring
(DBN)

____________

UK:

London's Available Office Space Hits Highest Level in 15 Years
(DBN)

____________

EU:

Euro Back Below Parity Just Start of Decline, Strategists Say
(DBN)

____________

Canada:

Fresh Start? – A Bankruptcy's Effect on Sanctions Imposed by the British Columbia Securities Commission
(DBN)

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Russia:

Russia's 'most hidden crime' in Ukraine war: Rape of women, girls, men and boys Russian paratrooper who wrote a detailed account of the war in Ukraine described clueless commanders, ransacking for food, and entire troops killed by friendly fire Biden, European leaders talk Ukraine as fears grow around nuclear plant Western leaders call for IAEA visit to Ukraine nuclear plant amid safety fears Area near Ukraine nuclear plant hit again despite US pleas Ukraine: 9,000 of its troops killed since Russia began war 'Time stopped': Ukrainians long to go home as war drags on U.S. warns Russia "stepping up efforts" against civilians in Ukraine Is the U.S. giving Ukraine some weapons secretly?
(DBN)

Putin 'behind revenge bombing that wounded war guru & killed his daughter after former ally slammed him over Ukraine' Russia blames Ukraine for car bomb killing Russia's claim: A Ukrainian woman carried out a car bombing that killed Daria Dugina, then went to Estonia.
(DBN)

Dennis Rodman Says He's Flying To Russia To Help Free Brittney Griner
(DBN)

____________

China:

China's Banks Trim Lending Rates to Reverse Slump in Borrowing
(DBN)

China developer Shimao looks to repay $11.8 bln debt over 3-8 years -sources
(DBN)

China Plans $29 Billion in Special Loans to Troubled Developers
(DBN)

Drought Hurts China's Economy as Central Bank Cuts Rates
(DBN)

China fights brush fires, extends power rationing in drought
(DBN)


____________

Colombia:

Taxes to Soar 200% for Rich Colombians in Bill Inspired by Thomas Piketty
(DBN)

____________

New Zealand:

Cross border insolvencies – Federal Court makes life easier for liquidators and creditors of New Zealand construction company
(DBN)

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