February 17, 2022

The Daily Bankruptcy News

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Law:

This Top 20 Biglaw Firm Wants Associates In The Office 3-4 Days Each Week
(DBN)

Remote Work Helps Law Firms Recruit And Retain Talent
(DBN)

This Firm Is Planning The Ultimate 'Workcation' Trip Abroad For Employees
(DBN)

The World’s Largest Law Firm Thinks You’ve Got It All Wrong
(DBN)

Pandemic Generation of Junior Lawyers Win Power Amid Talent War
(DBN)

Large law firms set reopening dates as pandemic plans shift, article with image
(DBN)

Ex-associate indicted for allegedly faking legal documents in court cases
(DBN)

Everything's Bigger In Texas, Including Associate Salaries
(DBN)

The Law School You Really, Really Want To Attend Could Be A Trap School
(DBN)

Georgetown Law professor apologizes after criticism for calling a student a racial slur
(DBN)

Law students in this state would be allowed to take bar exam after five semesters if bill wins approval
(DBN)

Savills U.S. Law Firm Activity Report Q4 2021
(DBN)

Remember When Martin Luther King Was Arrested? Because Jonathan Turley Sure Doesn't!
(DBN)

Boies Schiller’s block billing cited as obstacle to Nike’s fee request in Avenatti extortion case
(DBN)

Rejecting Trump claim, Biden grants Jan. 6 panel access to White House logs Biden orders release of Trump White House logs to Congress Biden deals a blow to Trump by ordering release of Jan. 6 White House visitor logs to Capitol-riot committee Jan. 6 panel subpoenas 6 more in fake GOP electors scheme DOJ Filing Signals Escalating Fight Over 'Split Sentences' in Jan. 6 Cases Man sentenced to probation in US Capitol attack after revealing he lost his job and now delivers pizza Feds say Oath Keepers plot went beyond Jan. 6 attack on Capitol 'I’m Ready to Testify to Clear This Up': Oath Keepers Founder Tries to Speak Out at Detention Hearing, Gets Shut Down by Attorney and Judge A Virginia Man Reviewed "Civics" And "American Government" Online For His Jan. 6 Community Service
(DBN)

Court fight looms as questions swirl over Trump’s finances
(DBN)

N.Y. attorney general fires back at Trump’s defense of financial statements
(DBN)

Trump Confesses to False Financials
(DBN)

Sovereign Citizens And QAnon Team Up To Birth New Stupid Legal Tactic
(DBN)

Republicans expressed unease after Trump's longtime accounting firm cut its ties with the former president
(DBN)

Court reinstates Trump Organization as defendant in lawsuit against inaugural committee
(DBN)

GOP scrambles to figure out what Trump legal drama means for future
(DBN)

How the latest Trump-Russia filing generated buzz Did Durham find something worse than Watergate? Not so far What you need to know about the John Durham filing that Trumpworld is fuming over Right-wing media said it was exposing a scandal. What it really revealed is how bad information spreads in MAGA world Hillary Clinton on Durham report: 'Trump & Fox are desperately spinning up a fake scandal'
(DBN)

Kushner Ally Ken Kurson Admits to State Charges After Trump Pardon
(DBN)

Prince Andrew's £12million sex abuse case settlement after orders from the Queen Prince Andrew to settle sex abuse case, donate to charity Met investigating cash-for-honours claims linked to Prince’s Foundation Prince Andrew is paying Virginia Giuffre settlement using funds from the Queen, report says What's next for Prince Andrew? Exile from public life and a tainted image, royal-watchers say. A closer look at the phrasing of Prince Andrew's settlement is revealing His Arrogance Prevented Earlier Settlement
(DBN)

A stunning fall for ex-Honduran president wanted in US
(DBN)

Migrants sew their mouths shut in quest for Mexico passage to U.S. border
(DBN)

Dystopian robot dogs are the latest in a long history of US-Mexico border surveillance
(DBN)

Private prison company to operate 'home curfew' pilot program for detained migrants: report
(DBN)

`I felt guilty’: Neighbors recall Arbery’s killing in court Arbery's killers sent racist messages, and one called his daughter's Black boyfriend a slur, FBI analyst says
(DBN)

Officer says he assumed fellow cops were caring for Floyd Ex-officer snaps at prosecutor over Chauvin question
(DBN)

Girl, 9, dies after mistakenly shot by robbery victim
(DBN)

Honduras ex-President Hernández arrested at US request
(DBN)

Judicial palindrome: How Sarah Palin was left with losing by jury or by judge Palin Jurors Knew Judge Dismissed N.Y. Times Case Before Verdict What’s Sarah Palin’s next move? Legal experts explain what could — and won’t — happen
(DBN)

Zucker-Cuomo Saga Just Got Messier
(DBN)

Police: Man lunged at Applebee's employee with cleaver after being asked to leave over vaccination proof
(DBN)

Chris Cuomo faced assault allegation before CNN departure: report
(DBN)

Florida Woman Used Pandemic-Relief Loan to Pay Hit Man
(DBN)

Morgue operating in Baltimore parking garage as 200 bodies await autopsy
(DBN)

Texas synagogue hostage taker sought cocaine, meth and a machine gun before attack, FBI agent testifies
(DBN)

Suspect arrested in Sweden in connection to fires at Massachusetts Jewish institutions
(DBN)

The Victim 'Tries to Run Away' and 'She Follows': Prosecutors Say Murdered Tenant's Final Cell Phone Video Proves GOP Election Official 'Lied' About Self Defense
(DBN)

Florida House passes GOP 15-week abortion ban
(DBN)

Texas Town Shuts Down Her Home Day Care After Nearby Golfers Complain the Kids Were Making Too Much Noise
(DBN)

Facial recognition firm Clearview AI tells investors it’s seeking massive expansion beyond law enforcement
(DBN)

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Judges:

Judiciary under microscope as Congress weighs stock trade ban
(DBN)

Even Supreme Court Justices Need Their Starbucks
(DBN)

Slow-moving federal judge won’t get case on remand, 2nd Circuit says
(DBN)

Republicans Blame Crime On An Innocence Project Lawyer Tapped For A Judgeship
(DBN)

First Latina judge nominated to California's high court
(DBN)

Federal Judge Burned By Metadata
(DBN)

GOP senator opposes Biden court pick, likely blocking nominee Republican pulls support at the last minute for a judge he recommended
(DBN)

White House brushing off Graham handicapping of high court choice
(DBN)

Jim Clyburn saved Biden's candidacy - and now has the president's ear on Supreme Court picks
(DBN)

White House says Biden won't be swayed on Supreme Court pick
(DBN)

Biden’s SCOTUS shortlist staffs up to handle the media barrage
(DBN)

Can New York Overhaul Its Complex, Antiquated Court System?
(DBN)

The Supreme Court's Chance To Not Double Down On Bipartisan Hackery Is Here. Will They?
(DBN)

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Wall Street:

Stock futures come off lows after upbeat Walmart earnings; Fed, Russia in focus
(DBN)

Muddy Waters founder Carson Block was reportedly served with a search warrant as Justice Department investigates illegal trading tactics by short-sellers
(DBN)

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Layoffs:

White Castle Adds More Cooking Robots
(DBN)

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Crypto:

'Crypto Ruined My Life': The Mental Health Crisis Hitting Bitcoin Investors
(DBN)

Crypto Crime Hits Highs as Thieves Track Buzz, Report Shows
(DBN)

Argentina’s 50% Inflation Has Crypto Credit Cards Booming
(DBN)

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Student Debt:

Education Department Approves $415 Million in Borrower Defense Claims Including for Former DeVry University Students
(DBN)

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Sports:

Dallas Cowboys scandal met with outrage, disgust, calls for Jerry Jones ouster from NFL
(DBN)

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Fraud:

Private equity founder John Wilson gets 15 months in prison in U.S. college scandal
(DBN)

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Education:

New law will require Virginia public schools to make masks optional by March 1
(DBN)

SCOTUS to review New York City schools vaccine mandate despite Sotomayor's denial
(DBN)

Teacher Spying Is Instilling Surveillance Culture Into Students
(DBN)

Indiana school counselor tells parents their kids can opt out of Black History Month lessons
(DBN)

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Climate:

Most Texans Worry Water Taps Will Run Dry as Droughts Worsen
(DBN)

Renewable energy growth in the US lags far behind Biden’s climate ambitions
(DBN)

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Religion:

Montana minister who flies on private planes files for bankruptcy
(DBN)

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Asset Protection:

Why U.K. HNWI's Look To Wyoming State For Asset Protection
(DBN)

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Economy:

FOMC Minutes: "Faster" is the Word Fed officials discussed removing policy support more quickly if inflation continues to accelerate. Fed officials stressed "flexibility" at January meeting Fed Eyes Rate Hike Soon and Faster Tightening Pace If Needed
(DBN)

The Fed's battle to fight inflation could cause more pain than higher prices
(DBN)

Inflation can be ‘the way democracies die’: Charlie Munger
(DBN)

Summers: Fed Must Stop Stimulus ASAP
(DBN)

Getting out of the coronavirus economic contraction
(DBN)

What the Economy Looks Like in an Endemic
(DBN)

Inflation tops list of most urgent issues facing US: poll
(DBN)

Raising interest rates ‘won’t be enough’ to control inflation, US economy: Mick Mulvaney
(DBN)

Americans' spending rebounded to record highs in January as strong demand overpowered the Omicron wave's peak
(DBN)

Retail sales surge 3.8%; Much more than expected
(DBN)

U.S. retail sales race to record high; economy shows strength ahead of rate hikes
(DBN)

2 reasons Americans just dove into credit card debt faster than they have in 22 years
(DBN)

Bank of America CEO Moynihan: U.S. consumer spending ‘very strong’ in February
(DBN)

It's no longer about the virus — remote workers simply don't want to return to the office
(DBN)

Employers' uphill fight
(DBN)

Remote Work Is a Choice, Not a Necessity, for Most, Pew Poll Shows
(DBN)

Governor Whitmer announces additional $400 million to boost Michigan’s economy
(DBN)

Arizona economy nears pre-pandemic norms as unemployment rate declines
(DBN)

Industrial Production Increased 1.4 Percent in January U.S. Factory Output Picks Up Despite Supply Shortages, Omicron
(DBN)

New York, New Jersey Delay Unemployment-Loan Payback in Hit to Businesses
(DBN)

A $45 billion fund manager says the Fed is ‘way behind the curve’ on inflation
(DBN)

Fed minutes likely to provide details on rate hikes, balance sheet reduction
(DBN)

Fed Standoff a Waiting Game With Democrats Out of Easy Options
(DBN)

Companies revert to more normal operations as COVID wanes
(DBN)

US accuses China of backing away from free-trade commitments US accuses China of failing to meet commitments to WTO
(DBN)

Executives Are Quitting to Spend Time With Family … Really
(DBN)

Senate seeks offramp as funding deadline nears Senate hustles to break GOP blockade ahead of Friday shutdown deadline
(DBN)

Why your boss should give you more than just a little raise
(DBN)

Countries face new global covid divide on opening up or staying closed
(DBN)

Disneyland Drops Mask Mandate for Vaccinated Visitors
(DBN)

Air Force can’t compel Christian officer to get Covid shot, judge rules
(DBN)

Percentage of LGBTQ adults in U.S. has doubled over past decade, Gallup finds
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Thoughts on Housing Supply and Demand With 30-year mortgage rates above 4%
(DBN)

US Renters Face Sharp Increases
(DBN)

NAHB: Builder Confidence Decreased to 82 in February Homebuilders’ confidence falls as they wait months for cabinets, garage doors and appliances Homebuilder Sentiment in U.S. Drops to Lowest Since October
(DBN)

Bankrupt Chinese tycoon’s Lenox Hill penthouse lists for $45M
(DBN)

Size of New Mortgages Just Hit a New Record
(DBN)

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Municipalities:

Cities Americans Are Abandoning
(DBN)

Why urban downtowns may face their own 'long COVID'
(DBN)

How America’s fastest-growing city fueled its success with professional sports and a financing scheme so clever that the state of Texas had to make it illegal
(DBN)

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Oil/Gas:

Oil Could Hit $150 Per Barrel
(DBN)

NM: 1,000 Wells Abandoned Overnight
(DBN)

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Trucking:

Alphabet's self-driving car unit to test autonomous trucks in Texas
(DBN)

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Tech:

Google plans privacy change similar to Apple’s, which wiped $230 billion off Facebook’s market cap
(DBN)

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Autos:

Here's why used cars are getting so expensive
(DBN)

Auto industry considers tearing up manufacturing playbook after border protests
(DBN)

Carvana Leaves Car Buyers without Titles
(DBN)

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Agribusiness:

Farmers don’t need to become canaries
(DBN)

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Cruise Lines:

CDC revises COVID travel warning for cruise ships
(DBN)

Collapsed cruise line owes customers $100M — but many won't see a dime
(DBN)

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Movie Theaters:

Why one movie theater chain wants you to stay home
(DBN)

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Healthcare:

U.S. excess deaths above 1 million during the pandemic
(DBN)

Yellen Calls for New World Bank Fund to Fight Future Pandemics
(DBN)

Here’s What the Pandemic Has in Store for the World Next
(DBN)

White House seeks another $30B for COVID battle
(DBN)

39 percent of Americans approve of Biden's handling of the pandemic: poll
(DBN)

Blinken warns 'swift and firm response' if Russia recognizes 'independent' eastern Ukraine
(DBN)

CDC wants to give people a break from wearing masks as pandemic improves
(DBN)

Moderna's CEO says it's 'reasonable' to suggest the COVID-19 pandemic is in its final stages
(DBN)

‘More questions than answers’: Post-COVID conditions still confound medical community 2 years into pandemic
(DBN)

Surgeon General Warns on Covid Risk After His Toddler Tests Positive
(DBN)

Trump-era Medicare program under increased scrutiny
(DBN)

Botched butt injection suspected after woman dumped at Bronx hospital dies
(DBN)

Health Providers Snoop Through Medical Files Of Potential Dates
(DBN)

____________

Politics:

Why a few dozen zip codes dominate political giving
(DBN)

San Francisco school board recall a warning for Democrats
(DBN)

San Francisco’s Political Foreshock
(WSJ)

Texas Voters and Officials on Different Pages
(DBN)

People's Convoy Announces Route
(DBN)

Masking battles show how issue that buoyed Biden in 2020 won’t help party in midterms
(DBN)

Republicans spurned by Trump in primaries still embrace him
(DBN)

GOP eyes ambitious agenda if House flips
(DBN)

Interior IG finds Trump secretary Zinke broke ethics rules Trump-Era Interior Secretary Continued to Work on Private Land Development Deal in Montana While in Office and Then Lied About It: OIG Report
(DBN)

The winning bid in Melania Trump's NFT auction appears to have come from a wallet associated with Melania Trump
(DBN)

Steve Bannon's Billionaire Backer Guo Wengui Reveals He's Bankrupt Exiled Chinese billionaire and Steve Bannon financier files for bankruptcy Bannon-Allied Chinese Tycoon Files for Bankruptcy
(DBN)

Vulnerable Senate Dems try to run as tax-cutters
(DBN)

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New Bankruptcy Opinions
(3 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 (26 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:

Updated Las Vegas, Reno and Annual Bankruptcy Case Filing Statistics Available
(DBN)

Colorado bankruptcies decline 37% in January
(DBN)

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Small Business:

Small-Business Bankruptcy Rules Poised for Extension by Congress
(DBN)

____________

Advisors:

Elite Bankruptcy Consulting Firms Battle It Out With Fraud and RICO Claims Related to Bankruptcy Disclosures and Lost Engagements
(DBN)

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Estoppel:

Owner’s Statement About Value of Contents Sinks Claim For Destroyed Home
(DBN)

____________

Mass Torts:

As Johnson & Johnson fights for bankruptcy ploy in talc litigation, Congress is weighing in
(DBN)

J&J Has ‘Perverse Incentive’ in Chapter 11, Bankruptcy Vet Says
(DBN)

Purdue Pharma to Ask Judge to Extend Legal Shield for Sacklers
(DBN)

____________

Contracts:

Are Consequential Damages Recoverable for Breach of a Contractual Obligation to Pay a Sum of Money?
(DBN)

Business-Class Seats Become Private Cocoons With Doors and Walls
(DBN)

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Bankruptcy Research:

Creditor Rights, Implicit Covenants, and the Quality of Accounting Information
(DBN)

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Aviation:

Texas Sues to Block Biden Mask Mandate on Planes, Trains, Buses
(DBN)

A gun in your carry-on? Some are calling for stiffer fines
(DBN)

Counterfeit canines: the air travelers with fake service dogs
(DBN)

FAA head resigns after effort to rebuild agency's reputation
(DBN)

No, unruly passenger: You can't physically open a plane door midflight
(DBN)

GOP senators push back against suggested 'no-fly list' for unruly passengers
(DBN)

Flying Taxis Steal Limelight at Airshow as Clean Future Beckons Flying Taxies to Revolutionize Travel
(DBN)

SAS shares plummet after analysts warn it risks going bankrupt
(DBN)

____________

Retailing:

Retail Sales Increased 3.8% in January
(DBN)

Fed up with thefts and shoplifting, small biz owners are taking action
(DBN)

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid inflation
(DBN)

____________

Food/Beverage:

Restaurateur says he spends around $750,000 on security to deal with unruly diners
(DBN)

____________

Crypto:

Cryptocurrencies will suffer massive losses as the Fed ends 'crazy' speculation by hiking rates, JPMorgan strategist says
(DBN)

Crypto crime wave accelerates as report finds thousands of ‘whales’ hold $25 billion in stolen funds
(DBN)

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UK:

Smile Telecoms – Part 26A Restructuring Plan Proposed by a Non-English Company Excludes ‘Out of the Money’ Creditors and Shareholders from Voting
(DBN)

No company? No problem: disqualification of unfit directors possible despite company dissolution
(DBN)

U.K. to Offer Pfizer’s Covid Shot to All Children Aged 5 to 11
(DBN)

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Canada:

Reverse Vesting Orders – When Is This “Extraordinary Measure” Appropriate?
(DBN)

2,000 Indian students scammed as 3 Canadian colleges shut after bankruptcy
(DBN)

Ottawa police warn of arrest for 'anyone blocking streets' Canada eyes ‘no-go’ zones Defiant Ottawa protesters say they'll stay as long as it takes Canadian truck drivers distance themselves from 'Freedom Convoy' protests Meet the top five Canadian donors to the ‘Freedom Convoy’
(DBN)

____________

EU:

EU can withhold funds from Hungary, Poland, top court rules
(DBN)

ECB Profit Slashed by Negative Rates and Risk of Pandemic Plan
(DBN)

US keeps the world on alert as a 'new normal' dawns in Europe
(DBN)

Europe heads toward new normal as final virus curbs unwind
(DBN)

____________

France:

French Alps festival Monticule files for bankruptcy and cancels 2022 edition
(DBN)

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Russia:

NATO chief says Russia appears to be increasing troops at the Ukraine border, day after Kremlin claims the opposite The US and NATO aren't buying Russia's claims it's pulling troops away from Ukraine Russia adds 7,000 more troops near Ukraine border Ukraine shows unity as West sees no sign of Russian pullback U.S. says Russia lied about pullback from near Ukraine, is sending in more troops Risk of a Ukraine war spreading in Europe rests on unknowns Blinken warns 'swift and firm response' if Russia recognizes 'independent' eastern Ukraine Unaccounted consequences of a war between Russia and Ukraine Diplomatic Whirl Shows West Unconvinced by Russian Peacemaking Ukraine Suffers Biggest Cyberattack on Record in Russia Standoff U.S. and Russian officials clash over status of Russian troops near Ukraine U.S. Warns Americans Abroad Not to Count on a Rescue U.S. sanctions on Russian banks are the West's most potent economic threat US cranks up the information warfare against Putin Experts: Here's What Putin Wants in Ukraine
(DBN)

Taiwan watching Ukraine crisis with 'concern and anxiety,' says top diplomat in U.S.
(DBN)

Is Europe ready for a wave of Ukrainian refugees?
(DBN)

____________

Chile:

Chilean bank owner OKed to poll creditors on bankruptcy plan
(DBN)

____________

Hong Kong:

Xi urges Hong Kong to get control as COVID-19 cases surge Three-Year-Old Dies as Hong Kong’s Worst Virus Outbreak Grows
(DBN)

Citigroup Moves Equities Staff Out of Hong Kong Amid Covid Woes
(DBN)

____________

MENA:

Israel: As Omicron wave keeps receding, Bennett said to mull lifting most restrictions
(DBN)

Israeli economy grew 8.1% last year, outdoing predictions
(DBN)

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Australia:

Australian High Court Upholds Examination Rights of Eligible Applicants
(DBN)

Payouts begin under Australia’s vaccine injury claims scheme
(DBN)

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Malaysia:

Malaysia Hits New Daily Covid Record as Omicron Surge Continues
(DBN)

____________

Germany:

Germany plans to end most COVID-19 restrictions on March 20
(DBN)

____________

Romania:

Romanian Companies Consider Big Wage Hikes as Inflation Spirals
(DBN)

____________

China:

Past, present and future of bankruptcy administrators
(DBN)

Debt Investors Tested by Slow Restructuring: Evergrande Update
(DBN)

'Lying flat': Why some Chinese are putting work second
(DBN)

____________

India:

Zombie firms eating up bank resources: Study
(DBN)

____________

Mexico:

Guac war! Mexican president weighs into US avocado blockade and says real reason for suspending imports is because they taste better than American equivalent
(DBN)

____________

South Korea:

Korea Adds Most Jobs Since 2000 as Economy Weathers Omicron
(DBN)

____________

South Africa:

South African Welfare Recipients Surpass Number of Taxpayers
(DBN)

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