January 14, 2022

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Firm Matches The Cravath Scale, With No Special Bonuses In Sight
(DBN)

GCs: When Do You *Really* Need An Elite Law Firm?
(DBN)

In-House Tropes To Avoid
(DBN)

What Should Penn Law Do About Professor Amy Wax?
(DBN)

Lawyer on university faculty is charged with insider trading
(DBN)

Ex-K&L Gates Partner Accused of Stalking Wants Ankle Monitor Off
(DBN)

'I'm 26, can't iron a shirt, earning £150k' - lawyers reveal how happy they are in satisfaction survey
(DBN)

NQ pay boom continues as Travers pays £100k and Willkie Farr hits £145k
(DBN)

Award-winning lawyer exposed as Chinese agent
(DBN)

The Overdue Demise Of The Bar Exam Creeps Closer -- See Also • State Takes Huge Step Toward Eliminating Bar Exam Requirement
(DBN)

And You Thought Biglaw Was Bad
(DBN)

School Daze
(DBN)

ABA Midyear Meeting will now take place entirely online
(DBN)

Michael Avenatti Files $94 Million Claim Over Harsh Jail Treatment, Alleges He Was Given 'The Art of the Deal' to Read in Solitary
(DBN)

Baltimore State's Attorney Indicted for Allegedly Lying About COVID-19 Hardships, Funneling Money into Florida Vacation Homes • Baltimore's chief prosecutor Marilyn Mosby indicted, accused of perjury and making false loan applications
(DBN)

FBI arrests Oath Keepers leader on Jan. 6 charges • Oath Keepers leader and 10 others charged with 'seditious conspiracy' related to US Capitol attack • 11 Oath Keepers Charged With Seditious Conspiracy in Capitol Attack • Legal expert explains why some Capitol rioters have been slapped with a law inspired by Bush era corruption • McCarthy dodges, deflects Jan. 6 questions • Violent online messages before Capitol riot went unshared by DHS, emails show • Head of far-right Oath Keepers, 10 others charged with seditious conspiracy in Capitol riot probe • Jan. 6 committee rebuts challenges to its legitimacy, citing Katrina and Benghazi probes • Senators grill feds over Jan. 6 riot probe • Man charged with storming Capitol made rap videos about riot • Judge Orders Jail for Proud Boy Seen Throwing 'Quiet Please' Sign Across Capitol Atrium on Jan. 6 After Multiple Curfew Violations • Utah Piano Teacher Faces the Music in Guilty Plea for Entering the U.S. Capitol on Jan. 6 • New Co-Defendant Indicted in Case of Backwards MAGA Hat-Wearing Man Charged with Assaulting Cop on Jan. 6 • DA: Paxton Must Release Jan. 6 Records • ‘F--- Em’: Indictment Reveals Top Oath Keeper’s Reaction to Endangered Lawmakers on Jan. 6 • House Jan. 6 committee says tech firms are not cooperating, issues subpoenas
(DBN)

Billionaires Who Fund the Coup's Brain Trust
(DBN)

History: Why is so little known about the 1930s coup attempt against FDR?
(DBN)

Georgia prosecutor says decision on Trump election interference case likely coming soon
(DBN)

Woman with semi-automatic rifle, other guns in vehicle arrested outside U.S. Capitol Police headquarters • Capitol Police arrest woman with guns who said she wanted to discuss Jan. 6
(DBN)

Texas-style abortion bans proliferate as court battle looms
(DBN)

Queen Elizabeth Strips Her Son, Prince Andrew, of All Military Titles and Royal Patronages
(DBN)

Who’s Sweating Now? Ghislaine Maxwell Ends Fight to Keep John Doe Names Sealed
(DBN)

Maxwell Should Get New Trial Over Juror Revelations, Experts Say
(DBN)

Epstein Took 8 Girls to Clinton's White House
(DBN)

Students who sued for an adequate civics education lose in 1st Circuit
(DBN)

'These Are Serious Offenses': Assistant Warden at Nebraska Correctional Facility Charged with Felony Sexual Abuse of Inmate
(DBN)

Why An Expert In Political Violence Is Worried About Civil War In The U.S.
(DBN)

'It’s Unforgivable': Texas Woman Allegedly Left 'Heavily Soiled' Toddlers 'Hogtied' and Caged in Locked Bedroom
(DBN)

Lead Prosecutor Who Secured Convictions of Ahmaud Arbery’s Murderers Explains Why Race Wasn’t Central to Her Case
(DBN)

Deputy Suspended Over Arbery Comment
(DBN)

Appeals court may vacate Durst murder conviction
(DBN)

Probe finds ‘unintentional mistakes’ in Petito police stop
(DBN)

'Help Me, My Kids': California Mom Allegedly Murdered Her Three Children After Split From Husband and Tried to Die by Suicide
(DBN)

Cops Say Gabby Should Have Been Arrested
(DBN)

Couple Sentenced to 50 Years Combined in Federal Prison for Sharing Explicit Photos of 13-Year-Old Relative
(DBN)

Thousands of federal inmates to be released under 2018 law
(DBN)

'Rust' Armorer Says Ammunition Supplier Took Live Rounds from Previous Movie, Provided Them to Alec Baldwin Film Before Deadly Shooting • Alec Baldwin Still Hasn't Turned Over Phone
(DBN)

Kanye West under investigation for alleged battery
(DBN)

______________

Judges:

Notice of Vacancy United States Bankruptcy Judge Baton Rouge, Louisiana
(DBN)

Federal courts drop survey question about workplace misconduct after judges' staffers said they'd witnessed such problems
(DBN)

Roberts, Kavanaugh votes key as SCOTUS upholds vaccine mandate for health workers but not for others
(DBN)

The Supreme Court Had No Legal Reason to Block Biden’s Workplace Vaccine Rules
(DBN)

Judge: 5 Months is Enough Time for Rape
(DBN)

Former jail guard convicted of sexual assault can rejoin military or go to jail, judge says
(DBN)

Illinois judge under fire after reversing conviction in teen sex assault case, saying man's 148 days in jail was "plenty"
(DBN)

'If I could give you jail time on this, I would': Judge shames elderly cancer patient for unkempt lawn • 'If I Could Give You Jail Time, I Would': Michigan Judge Shames 72-Year-Old Cancer Patient for Being Too Weak to Maintain Lawn
(DBN)

Federal Judges That Hired The ‘I HATE BLACK PEOPLE’ Law School Student Cleared Of Misconduct
(DBN)

______________

Wall Street:

Stock futures fall slightly as investors digest bank earnings, economic data
(DBN)

Nasdaq slides 2.5%, leading US stocks lower and snapping 3-day win streak, as earnings season approaches
(DBN)

Markets have flipped upside down as the Fed prepares to hike rates. 3 charts explain what's going on.
(DBN)

______________

Healthcare:

1,000 military health workers to deploy to U.S. hospitals -White House • Biden deploys military medical teams to hospitals in six states as omicron disrupts essential services
(DBN)

Nurses Strike Across the U.S. to Protest Covid Working Conditions
(DBN)

Texas Sees Dangerous Spike in Omicron
(DBN)

Covid Hospital Admissions Show Omicron Spreading to West Coast
(DBN)

The most consistently botched part of the US pandemic response
(DBN)

Sick staff. Endless COVID patients. Doctors 'just scraping by' as Omicron sweeps hospitals
(DBN)

19 states have fewer than 15% of ICU beds left as health care staffing shortages complicate care
(DBN)

Anxiety and pandemic fatigue are spiking amid latest COVID surge
(DBN)

As hospitals reel, California tells coronavirus-positive medical workers to stay on the job
(DBN)

Trauma center at LA hospital shut down for hours due to blood shortage
(DBN)

Biden to make free face masks available to all Americans • Biden to double free COVID tests, add N95s, to fight omicron
(DBN)

How often can you safely reuse your KN95 or N95 mask?
(DBN)

Hundreds of Millions of Covid Vaccine Doses Risk Going to Waste
(DBN)

Soaring COVID-19 cases renew US debate over mask mandates
(DBN)

Americans grapple with prolonged testing woes amid Omicron surge
(DBN)

COVID-19 pill rollout stymied by shortages as omicron rages
(DBN)

New study reveals stark COVID risks for unvaccinated pregnant women and their babies
(DBN)

California Democrats’ push to create single-payer health care plan passes 1st hurdle
(DBN)

A transplant surgeon used an electric beam to burn his initials into patients’ organs. He just lost his medical license.
(DBN)

___________

Economy:

Omicron to Hit U.S. Growth in Early 2022, Inflation Seen Higher
(DBN)

Central Banks Start Turning Off Cash Taps
(DBN)

Wholesale prices jump nearly 10% in 2021, another sign of rising inflation
(DBN)

Most CEOs say inflation will stay hot until at least mid-2023
(DBN)

Record Federal Tax Collections Top $1 Trillion in 3 Months
(DBN)

Omicron Hits U.S. Small Firms, With One-Third Posting Sales Drop
(DBN)

Abby Joseph Cohen Sees Earnings Growth as the U.S. Avoids Recession
(DBN)

Brainard questioned on inflation, climate risk issues as part of nomination to become Fed's second-in-command • Brainard Says the Fed Will Use Its ‘Powerful Tool’ to Curb Inflation • Brainard Signals She’s Open to Raising Interest Rates in March
(DBN)

Fed’s Harker Sees Liftoff in March, Three or Four Hikes in 2022
(DBN)

Goldman: Fed to Jump Rates 10 Times in 3 Yrs
(DBN)

Biden to nominate Sarah Bloom Raskin as vice chair for supervision at Fed; Lisa Cook and Philip Jefferson as governors • Biden chooses 3 for Fed board, including first Black woman
(DBN)

Weekly Initial Unemployment Claims Increase to 230,000 •More people filed jobless claims in the first week of 2022. “Blame Omicron,” one expert said.
(DBN)

Profits for S&P 500 companies rose 22% in the fourth quarter and nearly 50% in 2021, estimates show
(DBN)

The No. 1 ESG issue for Americans isn’t climate change. It’s workers
(DBN)

Negotiators report progress toward 2022 spending deal
(DBN)

Supreme Court Halts Vaccine Mandate That Covered 80 Million Workers • Supreme Court blocks Biden's vaccine-or-testing mandate for 80 million workers, allows vaccine mandate for healthcare workers at federally funded facilities
(DBN)

U.S. Life Ratings Retreat to Close Out 2021
(DBN)

Goldman Sachs Postpones Its Return to Office Again to Wait Out the Covid Surge
(DBN)

The Real Cost of Amazon's Low Prices
(DBN)

Employers face patchwork of state policies on worker vaccination after Supreme Court order
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage Rates in the U.S. Soar to the Highest Since March 2020
(DBN)

Warren Renews Criticism of Private Equity’s Role in Housing
(DBN)

New York Condo Sells for Close to $190 Million; Hedge-Fund Billionaire Doubles His Money
(WSJ)

____________

Oil/Gas:

U.S. Proved Oil Reserves Slip 19% In 2020
(DBN)

Going Once, Wait, Going Twice? Texas Bankruptcy Judge Reopens Limetree Bay Auction
(DBN)

Honda Tempers ‘Out of Whack’ Expectations for EV Demand in U.S.
(DBN)

____________

Food/Beverage:

Omicron Hastens U.S. Restaurants’ Sales Drop, Bankruptcy Threat
(DBN)

Supermarkets Cut Hours, Services as Omicron Infects Workers
(DBN)

Fed's Beige Book: "A sudden pull back in leisure travel, hotel occupancy and patronage at restaurants"
(DBN)

Cargill Sees No Meat Shortages Even as Omicron Sickens Workers
(DBN)

____________

Crypto:

Angry Crypto Investors Sue Kim Kardashian, Floyd Mayweather Over ‘Pump and Dump’ Scam
(DBN)

NKorean Hackers Stole $400M in Crypto
(DBN)

____________

Climate:

America spent $145 billion on damaged homes after 20 climate events in 2021 — it will only get more expensive
(DBN)

‘Green’ fuels will cost the consumer — but we need to think long term: Maersk CEO
(DBN)

Australia reaches 123.26 degrees Fahrenheit, matching its highest temperature on record
(DBN)

The heat stays on: Earth hits 6th warmest year on record
(DBN)

Global temperatures in past seven years hottest ever observed, new data show
(DBN)

Earth's climate went off the rails in 2021, reports show
(DBN)

New study finds Americans increasingly alarmed about climate crisis
(DBN)

Brainard Says the Fed Won’t Dictate Bank Lending on Climate Risks
(DBN)

Dam providing power to millions nears critically low water level
(DBN)

____________

Maritime:

MV Werften Insolvency Administrator Seeks Back Pay for Workers, Completion of Global Dream Cruise Ship
(DBN)

____________

Politics:

'It's getting worse every time': Inflation concerns could spell trouble for Democrats
(DBN)

Members of the far right are already plotting to impeach Biden if the GOP takes Congress next year
(DBN)

Biden All but Concedes Defeat on Major Bills
(DBN)

House passes voting rights package, setting up Senate filibuster showdown
(DBN)

Biden Says He’ll Keep Pushing Voting Rights Even if Voted Down
(DBN)

Schumer reveals endgame for clash over filibuster and voting reform • A Voting Rights Showdown in the Senate Is Taking Shape After House Bill Passes
(DBN)

Sinema reiterates opposition to Senate rule change before Biden meets with Dems • Biden prods Senate, but Sinema blunts voting bill’s chances • Sinema cites "disease of division," says she won't support changing filibuster rules • Kyrsten Sinema’s opposition to filibuster reform rests on a myth
(DBN)

Biden's hopes for voting rights bill dashed
(DBN)

The fate of the filibuster: Your guide to the changes Dems really want
(DBN)

Why Voting Rights Can’t Be Bipartisan
(DBN)

GOP attorneys flag Trump supporter’s arrest to bolster voter fraud claims
(DBN)

I met with American white supremacists around the world. Here's what I learned.
(DBN)

Suspicious link between Republicans' forged election documents
(DBN)

Republican rep who voted to impeach Trump running for reelection
(DBN)

How a nice-guy South Dakota senator fell into a Trump storm
(DBN)

RNC threatens to boycott commission’s presidential debates • Sen. Mitt Romney says the Republican National Committee 'would be nuts' to block GOP candidates from participating in presidential debates
(DBN)

Abortion grows as priority issue for Democrats: AP-NORC poll
(DBN)

Political Instability Not U.S. Adversaries, Seen As Bigger Threat, Quinnipiac University National Poll Finds; Nearly 6 In 10 Think Nation's Democracy Is In Danger Of Collapse
(DBN)

House Republicans Release Text of Redacted Fauci Emails on Covid Origins
(DBN)

Welcome to the Texas Extremist Primary
(DBN)

Federal government facilitates donations to an organization that praises Confederate traitors
(DBN)

____________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (7 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

Mass Torts:

O-I Glass subsidiary Paddock files bankruptcy plan with court
(DBN)

Courts are trying to vet Boy Scout sex abuse claims
(DBN)

____________

UST:

Justice Department Announces Retirement of U.S. Trustee Program Director Cliff White
(DBN)

____________

ADR:

Mediation Order in Purdue Pharma Bankruptcy: Managing A Tension
(DBN)

Arbitrate? You Can’t Make Me! Rejection Trumps Arbitration, Says Texas Bankruptcy Court
(DBN)

____________

Aviation:

Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks
(DBN)

Delta Air Lines Pilot Shortage Prompts Cuts to Regional Service
(DBN)

What Delta Air Lines predicts for business travel after the omicron variant
(DBN)

Delta expects omicron will drive quarterly loss but forecasts 2022 profit
(DBN)

Virgin Galactic stock falls as space tourism company adding $500 million in debt
(DBN)

Amid omicron and flight cancellations, earnings to shed light on health of airline industry
(DBN)

China’s Covid Absolutism Is Making It a No-Go Zone for Airlines
(DBN)

EU Defends Airline Slot Rules Over Lufthansa Ghost Flights Row
(DBN)

____________

Sports:

Djokovic in Australian Open draw as visa saga continues • Why Australia is paralyzed over deporting Novak Djokovic • Australia cancels Novak Djokovic’s visa for the second time
(DBN)

Juan Martin del Potro Reportedly Bankrupt After Losing 30 Million Dollars Because of His Father
(DBN)

____________

Education:

Colleges lost 465,000 students this fall.
(DBN)

Chicago teachers accept COVID deal, keeping kids in school
(DBN)

A professor welcomed students to class by calling them 'vectors of disease to me.' He has been suspended.
(DBN)

NYC Mayor to Consider ‘Temporary’ Remote Option for Schools
(DBN)

Facing dire staff shortages, some schools are asking parents to step in
(DBN)

____________

Student Debt:

416,000 student-loan borrowers are getting $1.8 billion in relief through a 'landmark settlement' with Navient • Navient paying $1.85B over claims of predatory student loan practices
(DBN)

4 Republican lawmakers ask how much student debt costs taxpayers and slam Biden's 'complete incompetence' in disclosing that
(DBN)

____________

Cannabis:

Not much trust remains among investors for lawbreaking pot producer
(DBN)

____________

Nursing Homes:

U.S. Nursing Home Workers Are Getting Covid at Record Pace
(DBN)

____________

Coal:

Senators urge BlackRock CEO to intervene in strike at coal company partially owned by firm
(DBN)

____________

Waste:

Red River making progress in bankruptcy court
(DBN)

____________

Bankruptcy Crimes:

Associate of former Gary mayor gets probation for bankruptcy fraud
(DBN)

____________

Celebs:

Erika Jayne Looks Carefree & Cozy After Judge Ordered Her AmEx Bills To Be Turned Over In Girardi Bankruptcy
(DBN)

Britney Spears Fans Have A New Purpose: Freeing Nichelle Nichols From Her Conservatorship
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 15% Compared to Same Week in 2019
(DBN)

____________

Private Equity:

Private Equity’s Latest Deal Wave Brings More Leverage Than Ever
(DBN)

____________

Cruise Lines:

CDC will let cruise rules expire as omicron surges on ships
(DBN)

____________

UK:

Dad fined for having two mates in garden demands money back after Boris’ BYOB party • U.K. Police Not Probing Downing Street Lockdown Party For Now
(DBN)

Covid Isolation Cut to Five Days in England Amid Staff Shortages
(DBN)

Together Energy, a local provider, has been tracking 29 companies that have gone bankrupt in the last year.
(DBN)

____________

EU:

How Europe is trying to deal with its gas crisis
(DBN)

____________

Canada:

Quebec's 'unvaxxed tax' leads to spike in first-dose appointments • Quebec tax on unvaccinated may be lawful but sets risky precedent - experts
(DBN)

Canada drops vaccine mandate for its truckers after pressure from industry
(DBN)

____________

France:

French teachers walk out over Covid confusion
(DBN)

____________

China:

China faces omicron test weeks ahead of Beijing Olympics
(DBN)

Evergrande Unit Gets Investors to Back Yuan Bond Payment Delay
(DBN)

____________

Australia:

Australia COVID-19 infections hit record amid runaway Omicron outbreak
(DBN)

____________

Russia:

Russia sees 'no grounds' for more security talks with US, NATO • Russia warns it will sever ties with the US if it sanctions Putin over Ukraine crisis • Ukraine official websites hit by massive cyber attack, amid high tensions with Russia
(DBN)

____________

India:

India’s third wave of Covid is expected to slow growth in the near term
(DBN)

____________


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