February 1, 2022

The Daily Bankruptcy News

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Law:

Biglaw Firm Tries New Strategy In Intense Associate Talent War
(DBN)

This Firm Knows The Best Way To Start The Week Is With A Milbank Money Match
(DBN)

Law Firms See 5% Revenue Growth After 2021 Boom, Survey Shows
(DBN)

Bankruptcy Shocks and Legal Labor Markets: Evidence from the Court Competition Era
(DBN)

Otterbourg Names New Bankruptcy Member
(DBN)

Lawyer Who Disparaged Ukrainians Loses Suit Over Negative Reviews Scathing law firm reviews from non-clients aren’t libelous - 7th Circuit
(DBN)

Miss USA 2019, a lawyer who worked for social justice, dies at age 30 Lawyer Who Became Miss USA Before Starting TV Career Dies By Suicide
(DBN)

Akron, Cleveland State Law School Merger Falls Through
(DBN)

The Deflating Reality Of Life On The Tenure Track: Teaching, Scholarship, Service, Faith — And Dog-Walking To Pay The Rent In L.A.
(DBN)

Law School Dean Has Some Advice For Stressed-Out Students: 'It's Not Going To Get Any Easier'
(DBN)

Ilya Shapiro Joins The Ranks Of Lesser 'Put On Administrative Leave' Professors Georgetown Law puts new hire on leave after 'lesser' Black woman comment
(DBN)

Attorney Suspended for Coaching Client Via Chat Told Judge It Was 'the Same as if I Shook My Head in the Courtroom’
(DBN)

Top NY Prosecutors Find Biglaw Homes Ex-Manhattan DA Vance Joins Baker McKenzie as Cybercrime Chief Ex-New York U.S. Attorney Audrey Strauss Returns to Fried Frank
(DBN)

Prince Andrew’s Costly U.S. Court Battle Puts Strain on Finances Prince Andrew Wants Accuser’s Doctor and Husband to Testify About Her Mental State
(DBN)

Cheney, Kinzinger call out Trump over Pence comments Psaki: Trump raising Jan. 6 pardons, overturning election a reminder he's unfit The Jan. 6 panel's on a hot streak against Trump World. Now what? Mike Pence's former chief of staff testifies in House January 6 investigation Accused California Member of Jan. 6 'DC Brigade' Wants to Move to Texas, Where Employers Are 'More Sympathetic to My Situation' Trump Told Rudy to Call DHS to Seize Voting Machines
(DBN)

Trump Promises Riots In Major Cities. This Time Prosecutors Take Him At His Word.
(DBN)

Atlanta DA asks FBI for security aid after Trump calls for election probe protests
(DBN)

Ahmaud Arbery's family accuses DOJ of 'betrayal' after it reached a plea deal with 2 of his killers Federal Judge Rejects a Hate-Crime Plea Deal in Ahmaud Arbery Killing Judge Rejects Plea Deal In Arbery Hate Crime Killing In rare move, U.S. judge rejects plea agreement by Ahmaud Arbery's murderers
(DBN)

Attorneys for 3 cops in Floyd killing question training
(DBN)

An undercover FBI agent sounds the alarm about the threat of far-right extremists in America
(DBN)

Criminalizing free speech? Group challenges Miami Beach law used to cuff people filming cops
(DBN)

Man charged with painting swastikas on DC's Union Station
(DBN)

'The Jew is the devil': Neo-Nazis rally in Florida DeSantis Spokesperson Defends Governor For Not Condemning
(DBN)

Chicago synagogue, businesses vandalized over weekend
(DBN)

Waffle House Shooter Believed He Was in Relationship with Taylor Swift and That She Was Assaulting Him: Defense
(DBN

In 1981, a man fatally shot Aurora Police Officer Debra Sue Corr. DNA now reveals the suspect was a serial killer.
(DBN)

FBI: China Threats More Brazen Than Ever
(DBN)

______________

Judges:

BK MN: Judicial Law Clerk Opening to U.S. Bankruptcy Judge Katherine A. Constantine
(DBN)

Center on Law and Finance: Bankruptcy Clerkship Info Session
(DBN)

New York’s Southern Bankruptcy Court Gets New Chief Judge
(DBN)

Are Judges Randomly Assigned to Chapter 11 Bankruptcies? Not According to Hedge Funds
(DBN)

Biden to meet with Durbin, Grassley on SCOTUS vacancy
(DBN)

Dems to Biden: Move fast on SCOTUS; a tragedy could ensue
(DBN)

Manchin 'anxious' to confirm Breyer's Supreme Court successor
(DBN)

Senate GOP faces uncharted waters in Supreme Court fight
(DBN)

‘I can’t think of a better person’: Graham boosts South Carolina’s Childs for SCOTUS
(DBN)

Biden weighing more than a dozen candidates for Supreme Court vacancy
(DBN)

White House confirms potential Supreme Court nominee as the short list grows
(DBN)

Cruz calls Biden's promise to nominate first Black woman to Supreme Court 'offensive' and 'insulting'
(DBN)

Cruz speculates on Biden picking Harris for court Harris-to-Supreme-Court chatter opens window into Dems’ deepest fears
(DBN)

Plurality wants Biden to keep vow to nominate Black woman to Supreme Court: poll
(DBN)

Trump-appointed judge infuriating his colleagues with personal attacks in dissents: report
(DBN)

Clarence Thomas exploits 'gaping hole' in ethics law to decide cases where his wife may have an interest: report
(DBN)

Marjorie Taylor Greene melts down over Biden's promise to appoint a Black woman as Supreme Court justice
(DBN)

This state allows a judge to summarily disbar lawyers; it recently happened in a divorce case
(DBN)

There’s no need to ‘act on every scrap of tittle-tattle,’ justice says in nude-pics ethics case
(DBN)

Judge Tears Into Attorney For Using The Wrong Pronoun
(DBN)

SCOTUS' Christian Conservative Revolution
(DBN)

______________

Wall Street:

Stock futures dip after S&P 500 wraps up worst month since March 2020
(DBN)

Wall Street claws back as brutal January draws to a close
(DBN)

Nasdaq Index Poised for the Worst January in Its 50-Year Existence
(DBN)

Goldman’s Top Strategist Sees Risk of Further Stock Market Pullback
(DBN)

Goldman Sachs CEO David Solomon pay doubles
(DBN)

Stocks had a lousy start to the year, but Wall Street expects good times ahead.
(DBN)

______________

Layoffs:

Stellantis Layoffs: 1,400 Jobs Could Be Slashed In France
(DBN)

______________

Crypto:

Bitcoin’s January Loss Puts it on Pace For Worst Month Since May
(DBN)

Coinbase-Backed Crypto Lobby Group Gears Up for Regulation With New Leader
(DBN)

Binance Builds Up $1 Billion Insurance Fund Amid Crypto Hacks
(DBN)

____________

Private Equity:

ASHINC or Swim Case Study: Lessons for Private Equity Sponsors on Risks Relating to Distressed Portfolio Companies (Part I: Continuous Contractual Breach Under a Loan Agreement)
(DBN)

Private equity's no-lose scenario
(DBN)

____________

Retailing:

Returns from 2021 could total $761B: NRF
(DBN)

An Amazon warehouse manager faces up to 20 years in jail after pleading guilty to stealing $273,000 worth of computer parts and selling them to a wholesaler
(DBN)

Retailers Quietly Deploying Controversial Technology To Combat Crime Spree
(DBN)

____________

Climate:

China Is Changing Its Coal Use, and It Affects the Whole World
(DBN)

Climate change may be supercharging Northeast snowstorms
(DBN)

____________

Healthcare:

Omicron dashboard State of Affairs: Jan 31
(DBN)

This map is the key to easing Covid-19 restrictions
(DBN)

Hospitals taking unvaccinated patients off organ transplant waitlists He’s declining a coronavirus vaccine at the expense of a lifesaving transplant: ‘I was born free, I’ll die free’
(DBN)

3-Year-Old Reportedly Denied Heart Treatment Because Parents Were Unvaccinated
(DBN)

COVID vaccines could be available for young children by end of February
(DBN)

Vaccine skeptics are a growing force in GOP politics and Trumpworld too
(DBN)

Pandemic pits health care experts against the media
(DBN)

Arkansas governor urges CDC to provide clear path to endemic status
(DBN)

Pandemic tensions deepen in Florida as DeSantis digs in
(DBN)

Newsom spotted maskless at 49ers-Rams game despite stadium mandates
(DBN)

Free Covid Tests Provide Latest Venue for Suspected Fraudsters
(DBN)

FDA fully approves Moderna's COVID vaccine
(DBN)

Omicron amps up concerns about long COVID and its causes
(DBN)

The new omicron subvariant is more contagious, but vaccinated people are less likely to spread it
(DBN)

CDC data confirms boosters offer high level of protection against severe COVID, bolster case for unvaccinated to get their shots
(DBN)

The new Omicron subtype BA.2 could prolong the current wave of COVID-19 infection, scientists say
(DBN)

ACA enrollment soars, and faces a perilous fall
(DBN)

The shifting definition of fully vaccinated
(DBN)

Diabetes deaths exceed 100,000 in US for second straight year: Report
(DBN)

WHO investigating top doctor after reports of racism, abuse
(DBN)

____________


Economy:

U.S. economy gets off to slow start in 2022, but don’t expect big GDP gain
(DBN)

Wage growth may be slowing from ‘breakneck’ pace US wages grew at fastest pace in decades in 2021, but prices grew even more
(DBN)

How the Fed Is and Isn’t ‘the Supreme Court of Finance’
(DBN)

Fed Officials Stress Not Jamming Brakes on Economy as Hikes Loom
(DBN)

Federal Reserve’s Barkin says businesses would welcome higher interest rates
(DBN)

Laffer's dire warning on inflation, US economy: 'Tipping into a slowdown'
(DBN)

Six High Frequency Indicators for the Economy
(DBN)

Visualized: A Global Risk Assessment of 2022 and Beyond
(DBN)

Inflation has more Americans counting on food banks to eat
(DBN)

Biden delivered a booming economy. Now he needs the Fed to deal with the fallout.
(DBN)

White House braces for bad Omicron jobs numbers
(DBN)

Biden Economic Agenda on Hold as More Americans Hit Hardships
(DBN)

Raimondo: Manchin 'gettable' on revised Build Back Better plan Democrats want to pass a skinnier Build Back Better, but Manchin seems more interested in tackling election reform first Companies, execs gave nearly $300,000 to Manchin campaign after he rejected Biden bill
(DBN)

Sinema raises over $1.5 million in fourth quarter while opposing key pieces of Biden agenda
(DBN)

House Democrats pivot to economy in search of next legislative win
(DBN)

Breyer retirement latest complication for Biden spending bill
(DBN)

Then and Now: How This Fed Liftoff Is Nothing Like That of 2015
(DBN)

U.S. Grocery Shoppers Have Their Eyes on the Price
(DBN)

Poll finds majority ready to accept COVID-19 as part of life
(DBN)

Millions of Americans have quit their jobs. Is Obamacare helping them?
(DBN)

New England Lags Behind as Employees Flee Covid-Facing Jobs
(DBN)

Work-From-Home Spurs Blue-Collar Americans to Seek Career Shifts
(DBN)

Inflation is permanent and will weigh on stock-market returns for years, says the head of world's largest wealth fund
(DBN)

Only Six States Have Recovered All Jobs Lost to Covid-19
(DBN)

Congress in jeopardy of missing shutdown deadline
(DBN)

The surprising split over Biden's Fed nominees
(DBN)

The work-life-Covid juggling act has robbed many Americans of their hope and patience
(DBN)

Governors say they told Biden US needs to 'move away from the pandemic' at White House meeting
(DBN)

Unvaccinated NYPD officers set to be terminated next month: sources
(DBN)

‘Catch the virus’ promotion at Washington bar leads workers to quit, bands to cancel
(DBN)

How Businesses in Texas and Florida Wrestle With States’ Vaccine Backlash
(DBN)

Older job seekers face a record-high roadblock: Age discrimination
(DBN)

Satisfaction With Own Life Five Times Higher Than With U.S.
(DBN)

Schumer puts pressure on lawmakers as shutdown deadline nears
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

COVID-19 Eviction Moratoriums Expire
(DBN)

Wells Fargo pays $12M for wrongly denying mortgage modifications
(DBN)

Fannie Mae: Mortgage Serious Delinquency Rate Decreased in December
(DBN)

Median vs Repeat Sales Index House Prices
(DBN)

Housing Inventory January 31st Update: Inventory Down 1.9% Week-over-week; New Record Low
(DBN)

Manhattan Retail Rents Fall as Tenants Grab Discounted Space
(DBN)

Brad Pitt's New Orleans Housing Dream Died
(DBN)

____________

Municipalities:

This Will Be America's Largest State in 2040
(DBN)

The rush for a slice of paradise in Puerto Rico
(DBN)

____________

Oil/Gas:

Oil Patch Bankruptcy Monitor Oilfield Services Bankruptcy Tracker Midstream Report
(DBN)

JPMorgan Sells Shale Driller It Picked Up Following Bankruptcy
(DBN)

Exxon to Leave Irving for Houston
(DBN)

Big Oil Is Quietly Exploring For More Crude
(DBN)

The nuanced yet far-reaching oil leasing ruling
(DBN)

Oil Groups Aren't Happy with GOM Lease Sale Court Ruling
(DBN)

Federal court decision could slow oil industry efforts to store carbon in the Gulf of Mexico
(DBN)

Charted: $5 Trillion in Fossil Fuel Subsidies
(DBN)

Oil on track for a more than 15% monthly rise as Ukraine worries persist
(DBN)

Biden administration to offer $1.2 billion for states to clean up planet-warming methane leaks
(DBN)

____________

Sports:

The Omicron Olympics face the ultimate test
(DBN)

Olympians worry as 'Winter' disappears from Winter Games
(DBN)

Omicron Dashes China’s Hopes of Winter Olympics Boosting Economy
(DBN)

What to know about the Winter Olympics' COVID protocols
(DBN)

____________

Movie Theaters:

AMC shares fall from grace as company looks to refinance high-rate debt
(DBN)

____________

Cannabis:

Cannabis and District Courts: Are Those Courthouse Doors Closed Too?
(DBN)

____________

Autos:

Jaguar Owner Posts Quarterly Loss as Chip Crunch Hits Output
(DBN)

Tesla to recall nearly 54,000 vehicles that may disobey stop signs
(DBN)

____________

Celebs:

Erika Jayne Celebrated After Being “Dismissed” From Tom Girardi’s $2 Million Fraud And Embezzlement Lawsuit Despite Lawyers Vowing To Re-File The Case In California
(DBN)

____________

Education:

At least 6 historically Black colleges receive bomb threats
(DBN)

"Maus" sales soar after banning by Tennessee school board
(DBN)

Baker College Threatens Legal Action Against Former Teacher Who Talked to Reporters
(DBN)

Teachers Are Quitting, and Companies Are Hot to Hire Them
(WSJ)

Mandate to vaccinate New Orleans schoolchildren kicking in
(DBN)

A Michigan university mistakenly told 5,500 students they won a $48,000 scholarship
(DBN)

This American College Is Hardest to Get Into
(DBN)

New rules are limiting how teachers can teach Black History Month
(DBN)

____________

Politics:

Trump Says the Quiet Part Out Loud About Overturning the 2020 Election Trump says he wanted Pence to overturn election, eyes effort to reform law Trump just embarrassed Republicans who pretended he wasn’t trying to overturn the election: analysis Trump Is Now Openly Describing How He’ll Steal the Next Election
(DBN)

What Trump Is Pushing the GOP to Do About Jan. 6 if They Win the Midterms
(DBN)

Trump jumps the gun celebrating PA court ruling on mail-in voting
(DBN)

1 in 4 Americans say violence against government sometimes justified: poll
(DBN)

Trump’s Grip on G.O.P. Faces New Strains
(DBN)

DeSantis aide deletes tweet suggesting Nazi protesters were Democratic operatives
(DBN)

Trump-backed candidates confront cash wave
(DBN)

Cheney breaks her quarterly fundraising record while facing Trump-backed primary challenge
(DBN)

Youngkin sparks Democratic backlash in Virginia
(DBN)

Joe Rogan apologizes to Spotify and musicians amid boycott over his podcast Joe Rogan apologized to Spotify and half-apologized to Neil Young and Joni Mitchell in a row over COVID-19 misinformation Neil Young/Joe Rogan Discourse Proof That Fascists Are Killing 'Free Speech'
(DBN)

Confederate Flags, Conspiracies, and the Ghost of JFK Jr.: What I Saw at Trump’s Bananas Texas Rally
(DBN)

Pelosi is the GOP’s 2022 bogeywoman
(DBN)

U.S. lawmakers traded an estimated $355 million of stock last year. These were the biggest buyers and sellers.
(DBN)

Warren secures ethics concessions from Biden FDA pick
(DBN)

Poll: Abbott leads TX GOP primary, O'Rourke by wide margins
(DBN)

Democratic super PAC announces $30M investment in seven battleground states
(DBN)

New York lawmakers unveil map that would boost number of Democratic seats
(DBN)

New York prosecutor drops groping case against Andrew Cuomo
(DBN)

'Lock and load': Trump-backed candidate tells Michigan voters to 'show up armed' at the polls
(DBN)

____________

 


New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Bankruptcy Statistics:

Racialized Bankruptcy Federalism
(DBN)

______________

Mediation:

Other Judges' Cases
(DBN)

____________

Bankruptcy Research:

Creditor Rights, Corporate Leverage and Investments, and the Firm Type
(DBN)

____________

Litigation:

The Litigator's Lament
(DBN)

Can the true-crime genre help attorneys with their jury trials?
(DBN)

____________

ERISA:

Withdrawal Liability Under ERISA as a Successor
(DBN)

____________

Mass Torts:

Sacklers near deal to increase opioid settlement in Purdue bankruptcy
(DBN)

Drug distributor exec being scapegoated for opioid crisis, lawyer argues
(DBN)

____________

Automatic Stay:

Debtor’s Counsel Failed to Mitigate Attorneys’ Fees Incurred for § 362(k) Violation by Rejecting Settlement Offer; Proceeding to Trial
(DBN)

____________

Exemptions:

Roth IRA Is Exempt Under New Georgia Exemption Laws, 11th Circuit Says in Case of First Impression
(DBN)

____________

Non-Debtor Releases:

Southern District of New York Holds That Bankruptcy Court Lacks Statutory Authority to Approve Non-Consensual Third-Party Releases
(DBN)

____________

Aviation:

Hundreds of passengers stuck at JFK urinating in seats, having panic attacks
(DBN)


Bali Reopens to All Tourists From Feb. 4, Cuts Quarantine Short
(DBN)

Ryanair Airs Caution on Travel Recovery: The London Rush Ryanair warns of more turbulence ahead after Omicron 'hysteria' hit bookings
(DBN)

Philippine Airlines names owner's son-in-law as president
(DBN)

PAL ‘OIC’ appointment sends wrong signal to creditors — analyst
(DBN)

____________

Insurance:

Receivership roll call, 2021
(DBN)

____________

Labor:

Financial Times’s U.S. Staffers Seek Union, Extending Labor Push
(DBN)

More than 50 Starbucks stores now petitioning to unionize
(DBN)

January Jobs Data Will Show the Health of the Labor Market in 2022
(DBN)

____________

Student Debt:

This Is the County With the Most Student Debt
(DBN)

____________

Coal:

What Germany’s Effort to Leave Coal Behind Can Teach the U.S.
(DBN)

____________

Food/Beverage:

Domino's to 'tip' customers $3 for placing pickup orders as labor shortage continues
(DBN)

____________

Pharma:

40 House Democrats push for 'swift' action to lower drug prices
(DBN)

____________

Sovereigns:

Argentina's Peronists split over IMF deal as top lawmaker rebels
(DBN)

____________

UK:

UK reports record total of voluntary company liquidations in Q4
(DBN)

Boris Johnson Receives Sue Gray’s Report on ‘Partygate’ U.K. ‘Partygate’ Report Criticizes ‘Failures of Leadership’ Serious violations. 'Difficult to justify' Theresa May Scorches PM Under Criminal Investigation for Event in His Apartment Johnson to Make Statement to U.K. Parliament About ‘Partygate’ Here are the highlights from the Cabinet Office investigation into Downing Street parties by the Boris Johnson government UK's Johnson apologizes, says steps will be taken to 'learn' from 'partygate' probe ‘I Will Fix It.’ Boris Johnson and the Art of Audacity.
(DBN)

U.K.’s Johnson Promises Measures to Help With Rising Energy Costs
(DBN)

London’s Met Officers Sent Rape Threats, Racist Messages, Watchdog Finds
(DBN)

____________

EU:

EBRD insolvency report ranks emerging markets by ease of business rescue
(DBN)

Euro Area Scrapes By Second Winter of Pandemic With Mild Growth
(DBN)

How European Government Debt Grew During the Pandemic
(DBN)

England set to U-turn on mandatory vaccines for healthcare staff
(DBN)

____________

Canada:

Trudeau Tests Positive for Covid-19, Says He’ll Work Remotely
(DBN)

Justin Trudeau Condemns Convoy Protesting Pandemic Restrictions Truckers opposed to Covid-19 mandates block Canadian border crossing and flood the capital city
(DBN)

____________

Spain:

Spain Inflation Slows Less Than Expected as Energy Prices Hurt
(DBN)

____________

Germany:

One Year of German StaRUG – Lessons Learned With Respect To The Tested and Yet Untested
(DBN)

____________

Russia:

What We Know So Far About Potential U.S.-EU Sanctions on Russia Washington flashes an ace in the Ukraine standoff US readies sanctions on Russian elites in event of Ukraine invasion Biden weighing war-weary US public in response to Russia Blinken, Austin to brief House members on Russia-Ukraine conflict US, Russia face off over Ukraine at Security Council meeting U.K. toughens sanctions regime to target Russia over Ukraine ‘I can’t think of a better person’: Graham boosts South Carolina’s Childs for SCOTUS Russia, US exchange harsh words over Ukraine at UN Putin and Macron talk again by phone, keeping diplomatic lines open UN Security Council adjourns without action after US, Russia spar over Ukraine Ukraine calls for peaceful solution to Russian military buildup at U.N. meeting US Diplomats' Families Told to Leave Belarus Russia delivers written response to U.S. proposal on Ukraine crisis Bomb shelters, guerrilla war: Building Ukraine’s resistance Ukraine-Russia crisis: What to know about rising fear of war
(DBN)

____________

Chile:

Chile Unemployment Hits Lowest Since 2019 as Recovery Rolls On
(DBN)

____________

Mexico:

Mexico Falls Into Recession After Fourth-Quarter Contraction
(DBN)

____________

China:

China Home Sales Slump Deepened in January in Blow to Economy
(DBN)

George Soros warns China is facing an economic crisis
(DBN)

____________

Denmark:

Danish Unemployment Rate Plunges to Lowest Level in 14 Years
(DBN)

____________

Portugal:

Socialists win reelection in Portugal, eye major investments
(DBN)

____________

Japan:

Japan Consumer Sentiment Drops Most Since April 2020 on Omicron
(DBN)

____________

Luxembourg:

Bankruptcies remained stable in 2021
(DBN)

____________

China:

China Special Situations Insight
(DBN)

____________

Hong Kong:

Hong Kong official resigns for attending party amid COVID-19 surge
(DBN)

____________

MENA:

UN: Over 100 ex-Afghan forces, officials slain since August
(DBN)

Qatar reaches deal with Taliban to resume evacuation flights
(DBN)

Israel to Amnesty International: Don't Call It Apartheid
(DBN)

____________

India:

Imposition Of Moratorium Under IBC Does Not Bar Complaints Against Natural Persons: Madras High Court
(DBN)

Union Budget 2022 expectations: Amendments in the IBC
(DBN)

Over 18,600 stressed assets worth Rs 5.9 lakh cr resolved before bankruptcy admission: Economic Survey
(DBN)

Economic Survey 2022 underlines need for standardised framework for cross border insolvency
(DBN)

Economic Survey urges need for simplifying voluntary liquidation process
(DBN)

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