February 7, 2022

The Daily Bankruptcy News

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Law:

Top 20 Biglaw Firm Announces Market Raises, But Only For Associates In Some Offices
(DBN)

U.S. legal sector adds more jobs after topping pre-pandemic peak
(DBN)

Judge ends 'ironic' bid to nix malpractice case over lawyer's blown deadlines
(DBN)

This Is... Not What Being A Lawyer Is Really Like
(DBN)

A quadriplegic lawyer’s 3 best tips for job success for others with disabilities
(DBN)

Enjoy The Slow Times You Have As A Lawyer
(DBN)

This Legal Assistant Is Going Viral On TikTok For Her Love Of ‘Crab Rangooooons’
(DBN)

Law School Rankings: How Much do They Really Matter?
(DBN)

Trump DOJ Lawyer Jeffrey Clark Can't Talk About What He Did At Work Without Incriminating Himself Fake Wisconsin Trump electors had ‘secret meeting place’ — and armed security: report Jan. 6 Lies Have Reached a Fever Pitch Pence: Trump is ‘wrong’ to say election could be overturned GOP censures Cheney, Kinzinger as it assails Jan. 6 probe Jan. 6 panel takes 'mobsters and terrorists' approach as it tries to crack Trump's inner circle: report 'A lot of explaining to do': Jim Jordan slammed for contradictory remarks about 1/6 call to Trump GOP: Jan. 6 Riot Was Legitimate Political Discourse Murkowski: Jan. 6 Attack was Not Legitimate Discourse 'Cut their head off!': Mike Pence threatened with beheading in newly released Capitol riot video GOP’s shadow Jan. 6 committee targets Capitol Police “negligence” What does Ivanka Trump know about Jan. 6? Congress is asking Chris Christie says Trump has accidentally 'told the truth' by revealing he incited the Capitol riot to intimidate Mike Pence into overturning the election
(DBN)

Republicans back Pence rebuke of Trump on overturning 2020 election GOP Voters: Pence Did the Right Thing Trump responds to Pence criticism Pence's former chief of staff: Trump's claims of overturning election 'merited response' Rubio says 'vice presidents can't simply decide not to certify an election' GOP senator says Pence did his 'constitutional duty' in certifying 2020 election Republicans straddle line on RNC's Jan. 6 rhetoric GOP Rep. Matt Gaetz said he was 'quite disappointed' Pence wasn't 'motivated' to overturn the 2020 election results Ignoring Trump's attacks, Congress persists in trying to prevent stolen elections
(DBN)

WSJ: Mike Pence’s Constitution: The former Vice President stands up to Trump, despite the potential political cost.
(WSJ)

McMaster pushes back on RNC, calls events of Jan. 6 'illegitimate political discourse' Former top Pence aide says he 'did not see a lot of legitimate political discourse' on Jan. 6
(DBN)

‘He never stopped ripping things up’: Inside Trump’s relentless document destruction habits Trump White House staffers frequently put important documents into 'burn bags' and sent them to the Pentagon for incineration, report says
(DBN)

Trump Texas Speech Increased Legal Troubles
(DBN)

Sidney Powell, LARPing As Special Counsel, Demanded White House Office Space
(DBN)

Rudy Giuliani Is (Probably) Screwed
(DBN)

Trump tirade on ‘racist’ DAs echoes other racist tropes
(DBN)

Prince Andrew will face a two-day grilling by sex accuser Virginia Roberts' lawyers in London Andrew Wants to Make Himself the Victim
(DBN)

Michael Avenatti convicted of stealing from Stormy Daniels
(DBN)

Record-breaking hate crime spree in major cities
(DBN)

Small Alabama Town's Overzealous Traffic Cops Also Monitored Internet Traffic To Threaten Critics Of The Corrupt PD
(DBN)

Arbery killers’ failed pleas may complicate hate crime trial
(DBN)

Another Minneapolis Protest on Police Shooting
(DBN)

Democrats look to shake off 'defund the police'
(DBN)

Parents: Amir Locke ‘executed’; mayor halts no-knock entries Amir Locke case shines light on no-knock warrants
(DBN)

Grocery checkout argument leads to fatal shooting
(DBN)

Intruder armed with an AR-15 rifle apologized and left $200 for homeowners after breaking in to eat shrimp and have a bath, police say
(DBN)

An Oregon woman was duped into thinking she was training to be a DEA agent for almost a year, officials say
(DBN)

US Jews talk identity, Holocaust after Goldberg’s remarks
(DBN)

Millions in tax dollars flow to anti-abortion centers in US
(DBN)

Judge Tosses Lawsuit Over Uber Driver's Killing by Passenger
(DBN)

AP investigation: Women’s prison fostered culture of abuse
(DBN)

NJ man fired after video shows two men plowing snow onto Orthodox Jewish men
(DBN)

Authorities evict Tijuana migrant camp near border
(DBN)

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Judges:

The Nasty Double Standards That Make This SCOTUS Nomination So Toxic
(DBN)

Judge Won’t Let ‘Jury’ Or ‘Appellate Court’ Or ‘Basic Rule Of Law’ Slow Him Down!
(DBN)

Jackson, in high court mix, traces law interest to preschool
(DBN)

Murkowski calls on Biden not to pick 'furthest left' Supreme Court nominee
(DBN)

The Supreme Court Is Democracy’s Enemy Now
(DBN)

Bankruptcy Lawyer to Challenge LASC Judge Garnett
(DBN)

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Wall Street:

Stock futures are muted after S&P 500 posts best week of the year
(DBN)

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Layoffs:

Ford says chip shortage will force it to halt or cut production at 8 plants: reports
(DBN)

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Fraud:

Borrowers, Lenders: Expect Tougher PPP Fraud Enforcement
(DBN)

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Student Debt:

Biden Under Pressure on Student Loans After Wolfson Bankruptcy Climbdown Biden Education Dept. Reverses on Student Debt Case After Reporting Stirred Outrage Biden Stops Challenging Student Loan Forgiveness After Public Outcry Biden's Education Department is backing down from its attempt to block a $100,000 student-loan forgiveness court decision for a 35-year-old man
(DBN)

Bankrupt College Has Proposed Deal to Sell Loans to Debt-Forgiveness Fund
(DBN)

This student loan forgiveness plan can lead to a ‘huge tax bomb’ and accrue thousands in interest
(DBN)

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Education:

Trends in Educational Attainment in the U.S. Labor Force
(DBN)

History must not be denied
(DBN)

Even Ole Miss is Teaching Critical Race Theory
(DBN)

Again, CRT Isn't Being Taught in Public School
(DBN)

TN: Preacher Leads Modern Day Book Burning
(DBN)

137 Bills to Make Teaching an Even Worst Job
(DBN)

Teachers Are Quitting Everywhere
(DBN)

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Cruise Lines:

Passengers in chaos after cruise ships seized by Feds in Bahamas
(DBN)

Three Crystal Cruise Ships Arrested, One May Already Be for Sale
(DBN)

Dream Cruises Suspends Bookings for Two More Weeks
(DBN)

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History:

Annotated Bibliography of Histories of Debt and Bankruptcy
(DBN)

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Celebs:

Boris Becker faces “confident” criminal trial in England for insolvency
(DBN)

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Mail:

Why Biden Can’t Fire Postmaster General Louis DeJoy
(DBN)

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Hotels:

Hotels: Occupancy Rate Down 12% Compared to Same Week in 2019
(DBN)

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Retailing:

Landlords Without Borders: Challenges in Canadian/U.S. Cross-Border Retail Restructurings
(DBN)

American Dream Mall Teeters On Brink of Bankruptcy
(DBN)

Retail Rundown with Lauren Thomas, CNBC: Peloton Woes, Earnings Predictions
(DBN)

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Economy:

January Employment Report: 467 thousand Jobs, 4.0% Unemployment Rate Comments on January Employment Report US employment jumped in January despite Omicron wave
(DBN)

Fed influence, shaky forecasts, delayed decisions: How the Biden administration misread inflation
(DBN)

Biden sees US economy as powering past the pandemic
(DBN)

Remote roles are up by 12% on this job board—here’s what people are hiring for
(DBN)

Goodbye Easy Money as Hawkish Central Banks Speed Up Rate Hikes
(DBN)

AOC says capitalism does not benefit the vast majority of Americans
(DBN)

House to take up stop-gap funding bill to avoid government shutdown Five obstacles lawmakers face in reaching an omnibus deal
(DBN)

How America Stopped Caring About the Poor
(DBN)

AAR: December Rail Carloads and Intermodal Down Year-over-year
(DBN)

Guaranteed income programs are drawing inspiration from Martin Luther King Jr.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

"Mortgage Rates Leap Toward 4.0%, Highest Since October 2019"
(DBN)

Bankruptcy Court Okays A&G Sale of Flushing Resi Tower
(DBN)

Controversial reality of The Villages, the suburb some claim is ‘paradise’
(DBN)

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Municipalities:

Puerto Rico may be nearing the end of bankruptcy. What does this mean?
(DBN)

Thousands of Puerto Rico teachers protest for higher wages
(DBN)

Distressed no more: After 30 years, Scranton leaves Pennsylvania's Act 47
(DBN)

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Oil/Gas:

Big Oil Isn’t Losing Any Sleep Over The EV Revolution
(DBN)

Interior OKs $1Bn for Abandoned Oil Wells
(DBN)

Gas prices reach record highs in Orange and Los Angeles counties
(DBN)

Democrat Senators Are Trying To Limit U.S. LNG Exports For All The Wrong Reasons
(DBN)

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Sports:

Olympic teams raise concerns over quarantine hotels Olympics-China accused of ignoring hockey player’s human rights as isolation complaints grow Olympic organizers promise to address isolation conditions amid complaints
(DBN)

45 new COVID-19 cases reported at Beijing Winter Olympics
(DBN)

Emboldened China opens Olympics, with lockdown and boycotts
(DBN)

NFL commissioner calls coaching diversity results “unacceptable"
(DBN)

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Tech:

House passes bill to boost US computer chip production
(DBN)

The next microchip crisis will be bigger
(DBN)

Joe Rogan addresses his repeated use of the N-word in viral clip India Arie shares clips of Joe Rogan saying the N-word as she asks Spotify to remove her music over his 'language around race' Spotify’s Joe Rogan Apologizes For Use Of ‘N-Word’ In Clips Circulated By India Arie Dwayne 'The Rock' Johnson U-turns on Joe Rogan support amid N-word controversy, says he is now 'educated to his complete narrative' Spotify Removes 100+ Episodes Rogan’s use of racial slurs adds to pressure on Spotify Spotify CEO to employees: Canceling Rogan not ‘the answer’ Spotify says it will invest $100 million towards content from 'historically marginalized groups' after criticism of Joe Rogan's podcast
(DBN)

Inside Spotify’s Joe Rogan Crisis
(WSJ)

Cost to Rebuild US Chip Industry Growing
(DBN)

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Crypto:

The ‘Bitcoin Family’ immigrates to Portugal for its 0% tax on cryptocurrencies
(DBN)

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Satellites:

No delay for Intelsat’s bankruptcy exit
(DBN)

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Agribusiness:

Regulators say Roslyn grain elevator is insolvent
(DBN)

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Media:

CNN's collapse is now complete
(DBN)

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Autos:

Ford to Suspend or Cut Output at 8 of Its Factories Due to Chip Shortage
(DBN)

Former Golden Sachs executive named new Hertz CEO Ex-Goldman CFO in line for $250mn pay boost as Hertz chief if shares surge
(DBN)

VW Doesn't See Chip Shortage Ending in 2022
(DBN)

Porsche: What Chip Shortage?
(DBN)

____________

Religion:

Trying to Save the Evangelical Church
(DBN)

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Politics:

Trump’s GOP: Party further tightens tie to former president
(DBN)

Trump was advised by 'snake oil salesmen,' former Pence chief of staff says
(DBN)

Republicans censure two true conservatives — and confirm their party is a cult
(DBN)

78 CEOs; No Money for Election Objectors
(DBN)

Trump’s ‘circular firing squad’ threatens GOP midterm gains
(DBN)

‘Sledgehammer:’ Trump’s ambassador to Israel hits hard in new memoir
(DBN)

Right-Wing Pastor Greg Locke Organizes 'Massive' Book Burning
(DBN)

Hedge fund billionaire Ray Dalio warns the 2024 elections will lead to civil war
(DBN)

A year after Trump purge, ‘alt-tech’ offers far-right refuge
(DBN)

History shows every moment counts for Dems’ hold on Senate
(DBN)

NC Voting Map Ruled Unconstitutional
(DBN)

Six degrees of Andrew Cuomo: Why the former governor keeps dragging down others
(DBN)

GOP takes mail voting to court in swing states Biden won
(DBN)

State AG races become litmus test for GOP election claims
(DBN)

‘Taking the Voters Out of the Equation’: How the Parties Are Killing Competition
(DBN)

'Dismantling Democracy' to save it: How Democrats rediscovered the joys of rigging elections
(DBN)

Manchin crosses party lines in officially endorsing Murkowski
(DBN)

Manchin: Social spending bill elements must go through committee process
(DBN)

Schumer faces brewing war and progressives ramp up primary threats
(DBN)

Abrams fires back at Perdue, Kemp over criticism of maskless photo
(DBN)

‘Dr. Jekyll and Mr. Hyde’: Biden’s top science adviser bullied and demeaned subordinates, White House finds
(DBN)

Kevin McCarthy says he'll probe COVID-19 origins and investigate allegations that the Bidens have made millions from deals with China if the GOP wins the House in 2022
(DBN)

Knives Out for Kristi
(DBN)

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New Bankruptcy Opinions
(7 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 (7 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)

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Bankruptcy Statistics:

Bankruptcy Filings Drop 24 Percent Bankruptcy Filings Drop 24 Percent
(DBN)

January 2022 New Bankruptcy Filings Continue Decline
(DBN)

U.S. Bankruptcy Courts—Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the Three-Month Period Ending December 31, 2021 Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the One-Month Periods Ending October 31, November 30, and December 31, 2021 Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending December 31, 2021 Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County—During the 12-Month Period Ending December 31, 2021 Bankruptcy Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending December 31, 2020 and 2021
(DBN)

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Dollar Amounts:

Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2022
(DBN)

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Mass Torts:

Inside J&J’s secret plan to cap litigation payouts to cancer victims
(DBN)

Johnson & Johnson faces push to force global ban on talc baby powder sales
(DBN)

Two-step Texas outcry risks ending Jones Day law firm’s fee bonanza
(DBN)

J&J tried to get federal judge to block publication of Reuters story
(DBN)

Tate ditches Sackler name amid concerns over opioid link
(DBN)

____________

D&O:

Delaware Fully Embraces Captive Insurance as An Option to Protect Directors and Officers
(DBN)

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Aviation:

The worst U.S. airline isn’t Spirit or Frontier, according to a new WSJ ranking
(DBN)

As alcohol returns to planes, some flight attendants fear an ‘unsafe’ workplace
(DBN)

Delta asks the Justice Department to put unruly travelers on a ‘no-fly’ list
(DBN)

Australia Eyes Return of Foreign Tourists After Two-Year Lockout
(DBN)

The Mile High Club, Complete With Membership Cards
(DBN)

Philippine Airlines Fresh From Bankruptcy Descends Right Back Into Tumult
(DBN)

____________

Healthcare:

US death toll from COVID-19 hits 900,000, sped by omicron COVID Update: February 4, 2022: Falling Cases and Hospitalizations; 2,400 Deaths per Day
(DBN)

Experts open the door to lifting last mask mandates
(DBN)

1918 flu didn't end in 1918. Here's what its third year can teach us
(DBN)

US troops reinforce hospitals in COVID-19's battle of attrition
(DBN)

White House gets set for cautious pivot on pandemic
(DBN)

CDC backs Moderna COVID-19 shots after full US approval
(DBN)

Mental Health Therapists Seek Exemption From Part Of Law To Ban Surprise Billing
(DBN)

‘The case for masks became hugely stronger’: scientists admit their Covid mistakes
(DBN)

‘Mass disability event’ warning as huge numbers diagnosed with long Covid
(DBN)

The World Is Likely Sicker Than It Has Been in 100 Years
(WSJ)

The Trouble with the Pfizer Covid Pill Rollout
(DBN)

Another Study: Ivermectin Doesn't Work
(DBN)

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Sovereigns:

Argentina's 2022 inflation seen at 55% - central bank poll
(DBN)

IMF Urges Creditors to Maintain Exposure to Pakistan
(DBN)

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UK:

UK PM Johnson's brave face can't hide fading grip on power
(DBN)

____________

Canada:

Insolvencies declined in 2021
(DBN)

Canada protests against Covid measures gain steam GoFundMe ends fundraiser for Canada convoy protesters ‘This is a siege,’ says Ottawa police chief as blockades and protests over covid measures enter second weekend Ottawa Residents Fed Up With Truckers’ Noisy and Intimidating Occupation COVID rebellion brews in Canada, sending warning across globe Protests against COVID restrictions spread across Canada Ex-US envoy: US groups need to stop interfering in Canada Ottawa mayor: ‘Situation is completely out of control’ Ottawa truckers' convoy galvanizes far-right worldwide
(DBN)

A judge in Canada has barred an unvaccinated man from seeing his 3 kids in person after deeming him a health risk to his immunocompromised daughter
(DBN)

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Denmark:

Denmark Decides Covid Isn't a Critical Threat
(DBN)

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Russia:

Ukraine not joining NATO so why does Putin worry? Kyiv could fall in days with a huge civilian toll, U.S. assessments find Russia labels US assessment of possible Ukraine invasion as 'scaremongering' U.S. airborne infantry troops arrive in Poland amid tensions Top Biden aide says Ukraine invasion could come ‘any day’ What happens to Europe’s energy if Russia acts? Russia at 70% of Ukraine Military Buildup GOP to Tucker Carlson: We’re the decision-makers on Ukraine, not you Macron heads east on risky peacemaker mission Biden to meet with German chancellor, urge united front amid tensions with Russia Russia has enough troops to 'seize any city' in Ukraine but not enough for a full occupation, former defense minister says Ukraine standoff enters critical week with U.S., Russia pessimistic on diplomacy
(DBN)

____________

Mexico:

Armed Raids, Crooked Cops, and the Wild Battle Over a Breathtaking American Hotel in Tulum
(DBN)

66-year-old retiree who left the U.S. for Mexico: ‘Here’s what you can buy here for $5 or less’
(DBN)

____________

Cuba:

Cuba slaps new tax on food sales as economic woes hit hard
(DBN)

____________

China:

Although the Enterprise Bankruptcy Law was enacted 15 years ago, practice has shown that a sound and mature exit mechanism is missing
(DBN)

China’s zero-Covid strategy ‘won’t work’ against omicron, says epidemiologist
(DBN)

How China’s communist officials became venture capitalists
(DBN)

____________

France:

‘It’s a rubbish bin’: Parisians fight for the soul of their blighted city
(DBN)

____________

India:

Confusion Regarding The Jurisdiction Of NCLT Qua Personal Guarantor's Insolvency
(DBN)

Tax Havens Could Come In The Way Of Cross-Border Insolvency Laws
(DBN)

____________

Australia:

One-Year Bankruptcy Is Back on The Table
(DBN)

No tsunami but changes aplenty.
(DBN)

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MENA:

Insolvency in Israel rises in last two months by 30%
(DBN)

Saudi construction firm Azmeel's creditors approve $2 bln debt restructuring
(DBN)

Israeli, Palestinian figures propose 2-state confederation
(DBN)

Netanyahu trial roiled by reports of spyware use on key witness
(DBN)

Bankrupt businesswomen of Afghanistan urge Taliban for help
(DBN)

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