January 31, 2022

The Daily Bankruptcy News

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Law:

Boies Loses Most of London Office as Leader, Lawyers Flee Boies Schiller loses bulk of London office including five partners
(DBN)

Morgan Stanley Legal Chief Sees Remote Work ‘Fraying’ Bonds
(DBN)

Bar Tabs: Let's Talk About Debt, Baby!
(DBN)

Law firm gets green light to sue ex-partner in crypto battle
(DBN)

Partner Has Had It With You Entering All Your Time On The Last Day!
(DBN)

Good Legal Writing Is Usually Short And Sweet
(DBN)

That's A Helluva Career Fast Track
(DBN)

‘Not my fault’ no excuse for lawyer's nondisclosure of malpractice claim
(DBN)

Colorado Lawyer Loses Utah Pro Hac Bid After 23 Appearances
(DBN)

The Corrosive Effects Of Ignoring Diversity
(DBN)

Amy Wax Refuses To Resign Because Why Take The Graceful Road Now?
(DBN)

An In-Person Bar Exam With No COVID Precautions? Yikes!
(DBN)

Fake Trump Electors Get Real Subpoenas From January 6 Committee Trump says he may pardon charged Jan. 6 Capitol rioters if he wins in 2024 GOP Gov. Chris Sununu says Jan. 6 rioters shouldn't be pardoned and he doesn't 'need' Trump's help to get reelected GOP’s Graham Calls Out Trump on Pardons for Jan. 6 Rioters John Dean: Trump's Promise to Pardon Rioters Stuff of Dictators Arizona Man Accused of Readying ‘Quick Reaction Force’ for Oath Keepers on Jan. 6 Pleads Not Guilty to Seditious Conspiracy New York Accountant Who Wanted to 'Rest' Inside Capitol Conference Room on Jan. 6 Gets Probation Firefighter who joined the Capitol riot had photo of a Democratic lawmaker with a shooting target superimposed over her body, the FBI says Judd Deere: Trump WH spokesman is sent subpoena by January 6 committee
(DBN)

Trump Urges Biggest Protest Ever if Prosecutors Investigating Him 'Do Anything Illegal'
(DBN)

Trump declared a war on the media. Now proxy battles are being waged in American courts.
(DBN)

Trump facing legal, political headwinds as he eyes comeback
(DBN)

House Lawyer Dropkicks Another Bad Faith Claim In Seb Gorka's January 6 LOLsuit
(DBN)

‘No one is above the law’: Oil tycoon tried to stiff his ex-wife in a bitter divorce — now he’s going to prison for tax evasion
(DBN)

2nd trial in Floyd killing centers on clash of duty, code
(DBN)

Five Suspects, Including Alleged Triggerman, Arrested in Death of Houston Cop Shot During Traffic Stop
(DBN)

Police attacked in at least 5 states in about a week. Are officers being targeted?
(DBN)

Lawyers, Corporations, a Celebrity and a Litigation Funder Jockey to Recoup $2M Kyle Rittenhouse Bail Windfall
(DBN)

CEO of Miami armored-car company pleads guilty in $140 million ‘dirty gold’ smuggling scheme
(DBN)

Texas GOP Governor Faces Backlash Over National Guard Border Deployment Some asylum aspirants pin hopes on Trump-era policy
(DBN)

Border Patrol agents get into heated exchange with leadership during Mayorkas visit, leaked video shows
(DBN)

Michael Avenatti Grills Ex-Client Stormy Daniels in Court About Their Contract, Her Paranormal Beliefs, and Her ‘Spooky’ Doll Named Susan Stormy Daniels unrattled while being cross-examined by Michael Avenatti At Avenatti Fraud Trial, Stormy Daniels Says She Speaks With the Dead
(DBN)

Plea deal reached with two of Ahmaud Arbery's murderers in hate crimes trial
(DBN)


Man Travels to DC to Kill 'Antichrist' Biden
(DBN)

Man Predictably Claiming Not To Be A Racist Sure Reached For The Racist Invective Pretty Quickly
(DBN)

Ex-NASA Exec Gets Life for Executing Neighbor
(DBN)

Lawyer Connected to Family of Cinematographer Killed on Alec Baldwin Movie Set Files Paperwork to Begin ‘Investigating’ and ‘Potentially Filing’ a Civil Lawsuit
(DBN)

‘Joe Exotic’ Resentencing Barely Dents Original 22-Year Punishment in Murder-for-Hire Plot
(DBN)

Philadelphia Man Tricked This Armed Murder Suspect into a Garage for Cops to Arrest, Prosecutors Say
(DBN)

Man arrested after swastikas painted at Washington's Union Station in possible hate crime, police say
(DBN)

New Jersey officials said hate was spiking. The FBI said numbers had fallen. It depends on what you count.
(DBN)

'Granny' Jail Cook Became Friends with Drug Ringleader, Helped Him Smuggle Contraband into Lockup: Sheriff
(DBN)

How Bad is Crime in L.A.?
(DBN)

Nancy Pelosi's son is embroiled in sixth FBI probe - this time into San Francisco official who was allegedly bribed to remove permit violations
(DBN)

Feds: Kansas woman led all-female Islamic State battalion
(DBN)

9 people dead after driver sped through a red light in North Las Vegas, officials say victims range from juveniles to middle-aged adults
(DBN)

‘It’s a wake-up call’: After car crash, a manslaughter charge in bizarre Tesla case
(DBN)

Federal Court Blocks Texas Anti-Israel Boycott Law
(DBN)

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Judges:

Sen. Durbin says SCOTUS nominee will have "a deliberate, timely hearing"
(DBN)

Clyburn, architect of Biden’s court pledge, pushes his pick
(DBN)

White House confirms South Carolina judge is under consideration for Supreme Court
(DBN)

Supreme Court pick holds import for Black women in the law
(DBN)

White House pushes back after Republican senator says Supreme Court pick will be 'beneficiary' of affirmative action Lindsey Graham: A Black woman on the Supreme Court wouldn't be affirmative action
(DBN)

Collins Faults Biden for ‘Clumsy’ Handling of Breyer Replacement
(DBN)

Biden taps veteran team to guide historic Supreme Court nomination
(DBN)

Possible Supreme Court nominee, former defender, saw impact of harsh drug sentence firsthand
(DBN)

Inside the campaign to pressure Justice Stephen Breyer to retire
(DBN)

Stephen Breyer ‘did not want to die on bench’, says brother
(DBN)

Ken Paxton Tells Lindell Followers to Harass Judges
(DBN)

______________

Wall Street:

Stock futures mixed ahead of final January session; S&P heads for worst month since March 2020
(DBN)

Wall Street rallies, capping frenetic week with best day of the year
(DBN)

Is it time to bail out of the stock market? Wild price swings are shaking the resolve of some investors.
(DBN)

Goldman Sachs lifts CEO Solomon's pay to $35 million
(DBN)

Credit Suisse hikes cash bonuses as talent war rages
(DBN)

______________

Climate:

Biden gets climate win with court 'loss' on Gulf of Mexcio oil leases
(DBN)

Green Economy Costs Another $3.5T Annually
(DBN)

The euro zone’s next big economic battle? How to be green and placate the markets
(DBN)

Thousands without power after historic blizzard slams New England Tens of thousands still without power in Massachusetts as residents dig out after 'bomb cyclone' storm
(DBN)

Boston ties 1-day snowfall record
(DBN)

Nantucket Underwater
(DBN)

Florida is so cold iguanas are falling out of trees
(DBN)

____________

Mass Torts:

New York AG Says State to Receive $230M From $26B Opioid Settlement
(DBN)

____________

Utilities:

OH: $60 Million Bribe for Worst Energy Policy
(DBN)

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Agribusiness:

Farmers Flourishing Financially Under Biden
(DBN)

New Report Predicts Dark Future For California Vineyards
(DBN)


____________

Tax:

Meet a Wisconsin mom waiting on nearly $6,000 the IRS owes from her 2020 return and child tax credits: 'The worst thing about this is that there's no communication'
(DBN)

____________

Sports:

U.S. Olympic bobsled team dealing with COVID-19 'nightmare'
(DBN)

China says U.S. plans to pay athletes to 'sabotage' Beijing Games
(DBN)

Sealed off: Inside the 'closed loop' at the Beijing Winter Olympics
(DBN)

Sport, politics and Covid collide at the Beijing Winter Olympics
(DBN)

Nascar at War with Its Fans
(DBN)

____________


Economy:

Fed tries to thread the needle by raising rates without endangering economy Fed rate hike could be half-point if needed, says Raphael Bostic Goldman Sachs expecting five rate hikes this year Bank of America says it sees seven Fed rate hikes this year
(DBN)

Fed needs to tighten 'a little bit:" Kashkari
(DBN)

Fed's matchmaker fear: Flatlining economy meets higher interest rates
(DBN)

Weaker U.S consumer spending, rising inflation pose dilemma for Fed
(DBN)

U.S. Senator Brown says 'no question' Biden's Fed nominees qualified
(DBN)

Just-in-time gives way to "buy everything you can" as U.S. supply disruptions persist
(DBN)

LA Area Port Traffic: Disappointing Traffic in December
(DBN)

Republicans and Democrats have dramatically different plans for killing off inflation, but the Fed has the real power
(DBN)

The 'Great Resignation' hits U.S. state and local governments
(DBN)

U.S. labor costs increase solidly in the fourth quarter
(DBN)

Chart: A Global Look at How People Spend Their Time
(DBN)

The moral calculations of a billionaire
(DBN)

People who are boosted against COVID-19 will be exempt from San Francisco's mask mandate in certain group settings
(DBN)

Still cautious, many older residents trim back their lifestyles in the time of COVID
(DBN)

T-Mobile will fire unvaccinated corporate employees, according to an internal memo: reports
(DBN)

Automaker Stellantis to suspend COVID-19 vaccine mandate for U.S. staff
(DBN)

How some small businesses rejected for PPP loans have survived the pandemic
(DBN)

Meet a mom of 2 who gets $1,000 a month through a basic income program — which helped her family pay their bills after an unexpected crisis
(DBN)

I've been working a 4-day work week for almost 2 years. I'm happier, less burned-out, and more productive than I've ever been before.
(DBN)

Inside the 4-day week pilot that's backed by Oxford and Cambridge universities and has received interest from hundreds of companies
(DBN)

A pay transparency law that will force many NYC companies to share salary ranges in job ads is drawing criticism from some business groups
(DBN)

Why Privatizing Public Goods Doesn't Work
(DBN)

Time to defuse the bomb that will explode when boomers turn 85
(DBN)

The next big squeeze: Florida orange juice could skyrocket in price
(DBN)

Inflation at its worst: Some ticket prices are up as much as 100%
(DBN)

Global microchip shortage costs U.S. economy billions
(DBN)

Struggling parent has a message for Joe Manchin
(DBN)

IPOs Run Out of Steam as Selloff Rattles Global Equity Markets
(DBN)

Pandemic Losers. The 10 Worst Performing US Companies
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Q4 2021 GDP Details on Residential and Commercial Real Estate
(DBN)

NMHC: January Apartment Market Survey shows "Strong Demand, Record-High Occupancy, Double Digit Rent Growth"
(DBN)

Rents are up 40% in some cities, forcing millions to find another place to live
(DBN)

Tech companies are already flipping houses — but can they build some too?
(DBN)

Miami's lure during Covid sends housing prices through roof
(DBN)

Controversial landlord Joshua Bruno files for bankruptcy on five apartment complexes
(DBN)

____________

Municipalities:

Teachers' groups and credit unions appeal Puerto Rico Plan of Adjustment
(DBN)

Puerto Rico Board may move solo on PREPA restructuring
(DBN)

These are the 4 best U.S. cities to work in this year, according to Glassdoor
(DBN)

____________

Oil/Gas:

Big Oil's Big $500 Billion Bubble
(DBN)

$90 Oil is Only the Beginning
(DBN)

How the fossil fuel industry is pushing plastics on the world
(DBN)

____________

Infrastructure:

US pushes for better tap water but must win over wary public
(DBN)

Pittsburgh bridge collapses, drops city bus into ravine Biden visits collapsed Pittsburgh bridge: 'We're going to fix them all'
(DBN)

US Losing Some of Biggest Freshwater Reserves
(DBN)

____________

Food/Beverage:

8 Restaurant Chains That Are Currently Shrinking
(DBN)

Boston trade group says restaurants are losing as much as $15,000 a week because customers are put off by new vaccine rules
(DBN)

____________

Cruise Lines:

Bankrupt Cruise Line Billionaire Blames Germany
(DBN)

Crystal Serenity Refused Entry to Aruba as Crystal Cruises Winds Down
(DBN)

Cruise Lines Cancel More Sailings from Hong Kong
(DBN)

____________

Fraud:

Nigerian ‘Prince’ Scammed a NASCAR Driver & Put an F1 Team Into Bankruptcy
(DBN)

____________

Crypto:

Crypto Industry Fights NT Moratorium
(DBN)

Tesla and other major public companies sunk billions into crypto and now they’re taking a big hit
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 16% Compared to Same Week in 2019
(DBN)

____________

Theme Parks:

Ex-Cast Member Left Horribly Bankrupt After Suing Disney Multiple Times
(DBN)

____________

Politics:

The National Butterfly Center along the Texas-Mexico border is shutting down for 3 days, citing threats and a nearby MAGA rally
(DBN)

New Jersey gym owner who defied COVID closures running for US House seat
(DBN)

Michael Flynn: Gates, Soros Created Covid
(DBN)

Ted Cruz still wants to be president. Can he win over the Trump faithful?
(DBN)

Trump Rally Goers Boo Greg Abbott
(DBN)

Donald Trump should not lead the country again, says the Republican leader of the National Governors Association
(DBN)

Donald Trump Jr. let his 12-year-old son build an AR-15
(DBN)

Inside the Truly Warped World of Texas Lt. Gov’s Radio Station
(DBN)

Democrats outdid Republicans with dark money in the 2020 election, NYT report says
(DBN)

Coups are making a comeback
(DBN)

Alabama Appeals Voting Map Ban to SCOTUS
(DBN)

Florida Advances Wave of Draconian Bills
(DBN)

Joni Mitchell joining Neil Young in protest over Spotify More musicians join Neil Young in demanding Spotify remove their content over covid misinformation Bruce Springsteen guitarist Nils Lofgren joins Spotify boycott over Covid misinformation Harry and Meghan express 'concerns' to Spotify over misinformation Joe Rogan responds to growing protest over Covid misinformation on Spotify Rogan apologizes SPOTIFY Issues New Guidelines for Podcasts Streamer loses billions after protest
(DBN)

Venue cancels a J.D. Vance campaign event after anger that Rep. Marjorie Taylor Greene would join the meet-and-greet, report says
(DBN)

Rep. Mo Brooks said there will be 'significant resistance' to McConnell continuing as Senate GOP leader, naming Ted Cruz and Josh Hawley as potential replacements
(DBN)

Donald Trump recognizes GOP Rep. Louie Gohmert as a longtime friend minutes after endorsing Ken Paxton, his opponent for Texas attorney general
(DBN)

Crime pays, politically speaking, for Texas AGs
(DBN)

Former anchor Gretchen Carlson says Fox News has devolved 'into non-fact-based conspiracy theories' and 'outright dangerous rhetoric'
(DBN)

Louisiana Governor John Bel Edwards knew a Black motorist died in police custody in May 2019, hours after it happened, but remained quiet during his reelection campaign as troopers told a different narrative
(DBN)

TX: WWII Vet Says Mail in Ballot Rejected
(DBN)

____________

 


New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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 Crimes:

Tampa paralegal sentenced to federal prison for bankruptcy fraud
(DBN)

____________

D&O:

Delaware Legislature Passes Bill Allowing Use of Captives for D&O Insurance
(DBN)

____________

Make-Whole:

Driving While Unimpaired – Delaware Judge Issues Important Ruling in Hertz Chapter 11 Case on Allowance of Make-Whole Premiums, Treatment of Unimpaired Creditors, and Postpetition Interest
(DBN)

____________

Aviation:

Aeromexico Reorganization Plan Confirmed After Creditor Deal
(DBN)

Boeing invests $450 million in flying taxi developer Wisk
(DBN)

U.S. airlines cancel almost 5,000 flights ahead of Nor'easter
(DBN)

____________

Retailing:

We shopped at Dollar Tree and Dollar General, the two largest dollar store chains in the US, and were shocked by how different the shopping experience is
(DBN)

____________

Autos:

Mary Barra Ends GM's 90 Year Reign as World's Top Car Producer
(DBN)

Ford, GM juggle today's challenges with tomorrow's promises
(DBN)

Elon Musk's Hypocrisy on Politicians
(DBN)

____________

Education:

Art Spiegelman sees the new ban of his book 'Maus' as a 'red alert'
(DBN)

Public education is facing a crisis of epic proportions
(DBN)

'So broken down': Teachers, students and families caught in the middle of Youngkin's mask order
(DBN)

Questions remain over Youngkin’s new tipline for ‘divisive’ practices in Virginia schools
(DBN)

Orange county schools extends mask requirement for all adults
(DBN)

Best States for Education
(DBN)

____________

Healthcare:

COVID Update: January 28, 2022: Falling Cases and Hospitalizations; 2,300 Deaths per Day
(DBN)

In the Poorest Part of the Poorest State, Health Care Is Going From Bad to Worse
(DBN)

Florida Appeals Court Says Families Can't Force Hospitals to Treat Gravely Ill COVID-19 Patients with Ivermectin and Melatonin
(DBN)

Explainer: New federal law targets medical bill surprises
(DBN)

Flouting CDC, Youngkin health chief wants to help Virginia move on from covid
(DBN)

In the wake of the omicron wave, single parents are drowning
(DBN)

Long Island nurses charged with forging Covid records to earn more than $1.5 million
(DBN)

Toddler saves Texas couple from house fire when the adults with COVID-19 couldn't smell the smoke
(DBN)

America's split-screen pandemic: Many families resume their lives even as hospitals are overwhelmed
(DBN)

Lung Issues Found in Long Covid Patients
(DBN)

Covid: 10% Still Infectious After 10 Days
(DBN)

Health care workers hit new breaking point
(DBN)

An ICU nurse went viral for quitting after 19 grueling months of the pandemic. Now, he says he's more relaxed and is encouraging other healthcare workers to do the same.
(DBN)

NYC Mayor Slams Infected Palin
(DBN)

Trump Created A Program To Privatize Medicare Without Patients' Consent. Biden Is Keeping It Going.
(DBN)

____________

Sovereigns:

Argentina strikes breakthrough deal with IMF in $45 bln debt talks Argentina traders cheer IMF breakthrough, caution long road ahead
(DBN)

____________

UK:

Bankruptcies reach record low in Q4 2021 Bankruptcies in England and Wales slump to lowest levels since 1989 R3 responds to the 2021 insolvency statistics
(DBN)

Omicron slows UK growth to weakest since April - CBI
(DBN)

Bank of England expected to impose back-to-back rate hikes for the first time since 2004
(DBN)

Boris Johnson’s Job Safe Despite ‘Partygate,’ U.K.’s Truss Says
(DBN)

U.K. Abandons Mandatory Vaccines for NHS Staff, Report Says
(DBN)

U.K. to Expand Covid-19 Shots to 5 to 11-Year-Olds Most at Risk
(DBN)

Katie Price 'wants to make £1m this year stripping off on OnlyFans to pay off her debts'
(DBN)

____________

Canada:

Canadian Small Business Owners Need Graceful Exit Strategies as Many Face Bankruptcy and Business Closures
(DBN)

Justin Trudeau was moved to a secret location as thousands in Canada protest COVID-19 vaccine mandates for truckers and other restrictions Trudeau Flees Ottawa During Trucker Protest Thousands in Ottawa protest COVID mandates, many rebuked Ottawa to Protesters: Time to Go Home
(DBN)

____________

France:

In France, anti-vax fury, politics make public service risky
(DBN)

____________

Russia:

Pentagon spox: U.S. considering Russian sanctions "the likes of which we haven't done before" Explainer: Why US sanctions may target individual Russians Russia’s Lavrov: NATO wants to ‘drag’ Ukraine into alliances Biden to Move More Troops to Eastern Europe Russia’s risky options beyond full Ukraine attack A Ukrainian village awaits the next move Top Russian and U.S. officials likely to meet next week amid escalating threat to Ukraine Trump says Ukraine-Russia crisis is a 'European problem' and Russia 'owns Germany' because of Nord Stream 2 pipeline Lt. Col. Vindman: Putin’s aggression in Ukraine affects U.S. interests ‘directly’ Russian industry targeted, not consumers, if Biden export curbs imposed U.S. ambassador: UN Security Council won't be "distracted" by Russian propaganda Senators Close to Russia Sanctions Deal Seeking Message to Putin Pentagon Says Putin Still Adding Russian Troops Around Ukraine Lavrov Suggests Russia Will Wait Longer Before Ukraine Response Russia is willing to go to war and incur sanctions over Ukraine, analysts warn
(DBN)

____________

India:

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

____________

China:

Mainland Chinese Court Grants First Recognition Order under New Arrangement in Support of Hong Kong Bankruptcy (Insolvency) Proceedings
(DBN)

China's Evergrande seeks legal advice over HK rural plot
(DBN)

China’s Jan factory activity contracts as COVID lockdowns bite – Caixin PMI China Manufacturing Avoids Contraction as Growth Risks Mount
(DBN)
(DBN)

China securities regulator met foreign banks to soothe economic concerns
(DBN)

Beijing seals off more residential areas, reports 12 cases
(DBN)

A tale of two cases: Covid infections lay bare Beijing’s wealth disparity
(DBN)

Living by the Code: In China, Covid-Era Controls May Outlast the Virus
(DBN)

____________

MENA:

Stuck without housing, Afghan evacuees languish inside hotel rooms
(DBN)

Biden: Taliban won't be recognized until U.S. hostage Mark Frerichs is released
(DBN)

White House working to expedite Afghan resettlement as at least 12,500 remain on military bases
(DBN)

____________

Japan:

Will Kyoto go bankrupt? Japan’s ancient capital swims in debt as coronavirus keeps foreign tourists away
(DBN)

IMF to Japan: Scale Back Covid Support
(DBN)

____________

Australia:

Have your say – Possible reforms to the Bankruptcy system
(DBN)

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