January 7, 2022

The Daily Bankruptcy News

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Law:

Kirkland Passes Wachtell as Big Law’s Top Global Dealmaker
(DBN)

New Year, New Money: Biglaw Bonus Season Continues In 2022
(DBN)

Penn Law Dean Ruger Responds To Comments Made By Professor Wax
(DBN)

Lateral associate moves increased 51% compared to prior four years, new data shows
(DBN)

St. Louis lawyer couple who waved guns at protesters want their firearms back from the city
(DBN)

The Most Politically Influential Law School
(DBN)

Bankruptcy Partner Howard Cohen Joins Fox Rothschild in Delaware
(DBN)

Ashurst bumps NQ pay to £105k
(DBN)

Baker McKenzie auditions its ‘most iconic duo’
(DBN)

Should Age Be An Unlisted Number For Lawyers?
(DBN)

Nevada Moves February Bar Exam Online, Citing Covid Concerns
(DBN)

Cheney said the January 6 committee 'looks forward to' cooperation from Mike Pence and his team Trump Gleefully Watched Capitol Riot on TV Why one expert fears the worst of Jan. 6 is not behind us Paths to Insurrection These Numbers Tell The Story Of Jan. 6 One Year Into The Prosecution How Facebook and Google are still helping the FBI find January 6 rioters The Justice Department Needs to Investigate Those at the Top The Storming of the Capitol, One Year On A college student who turned his dad into the FBI after the Capitol riot fears he's getting more radicalized in jail The Jan. 6 attack on the Capitol: A guide to what we now know Jailed Capitol riot defendant blasts Trump for canceling his Jan. 6 press conference, saying he abandoned his supporters Schumer says he was targeted on Jan. 6 for his religion Gaetz on Jan. 6: 'We're ashamed of nothing' California Gym Owner Who Blamed Jan. 6 on 'Antifa' and Claimed Police 'Escorted' Him Inside Capitol Pleads Guilty Feds Bust Trump Supporter Who Said the 'Least Safe' He Felt on Jan. 6 Was When a 'Little Antifa BLMer on a Vespa' Told Him 'F U' Jan. 6, in their own words: Members of Congress look back and forward By the numbers: Jan. 6 one year later Ryan Grim: Recovered Trump tweets from January 6 tell a story of escalating tension Mike Lindell Defies Jan. 6 Committee Subpoena FOR JESUS Man Who Served in U.S. Military, Praised Ashli Babbitt Online Now Faces Charges for Storming the Capitol on Jan. 6 Judge Wants Answers After Report that Proud Boy Violated Conditions of Release from Jail in Jan. 6 Case Ex-MMA Fighter Convicted of Punching a Cop at the Capitol on Jan. 6 Withdraws Notice of Appeal, But His Case May Not Be Over Yet American Face of Insurrection: Analysis of Individuals Charged for Storming the US Capitol Online community of so-called "Sedition Hunters" work to identify the January 6 rioters Capitol rioter seen holding Nancy Pelosi’s sign now accused in fatal Missouri crash Texas Contributed More Than Just Rioters to the January 6 Insurrection A Guide to the Right’s Unhinged Conspiracy Theories about Jan. 6 Cheney confirms she told Jim Jordan on Jan. 6 'Get away from me. You f---ing did this'
(DBN)

Alan Dershowitz To Represent Mike Lindell In Religious Freedom LOLsuit Against Jan 6 Committee
(DBN)

One Of The Most Important Lessons From The Insurrection: Lawyers Matter
(DBN)

Ghislaine Maxwell to seek new trial after juror reveals he was victim of sex abuse, lawyers say Ghislaine Maxwell Possible Mistrial ‘Punch in the Gut’ for Epstein Victims—Lisa Bloom Ghislaine Maxwell's guilty verdict will 'very likely' get tossed and her case retried after juror comments on sexual abuse, experts say Jurors Bragged To Media And Now Ghislaine Maxwell Verdict Hangs In The Balance Ghislaine Maxwell Juror Who Could Upend Conviction Works for Carlyle Group
(DBN)

CNN Is Trying to Use BBC Interview After Ghislaine Maxwell Conviction Against Alan Dershowitz in His Defamation Lawsuit
(DBN)

Facebook promoted extremism leading to federal officer Dave Patrick Underwood's murder: Lawsuit
(DBN)

Teen, parents returning to court in Michigan school shooting
(DBN)

What's in play as justices review vaccine mandate
(DBN)

Appeals court upholds decision to temporarily block vaccine mandate for contractors in three states
(DBN)

Texas Gov. Greg Abbott tells his National Guard Biden is not their 'commander-in-chief' as he sues the White House over 'unconstitutional' military vaccine mandate
(DBN)

Does it matter if Dad is unvaccinated? Family courts have started to weigh in
(DBN)

Police used Google Maps to track down a mafia fugitive who was on the run for 20 years
(DBN)

Seattle Police Faked Reports of Armed Proud Boys to Spook George Floyd Protesters
(DBN)

Florida Sheriff’s Deputies Die by Suicide Just Days Apart, Orphaning Their 6-Week-Old Son
(DBN)

Court Refuses to Dismiss Vanessa Bryant's Lawsuit Against L.A. County Over Photos of Deadly Helicopter Crash
(DBN)

Police Still Working to Get Baldwin Phone
(DBN)

Judge OKs using Boston Marathon bomber’s Covid payment to pay victims
(DBN)

Farting lawyer loses discrimination case
(DBN)

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Judges:

Retirement of Judge Kathleen H. Sanberg and Case Assignment Updates
(DBN)

BK ND OH: Judge Tiiara N.A. Patton Seeks Term Law Clerks
(DBN)

As omicron COVID-19 cases surge, several courts pause jury trials
(DBN)

Chemerinsky: Expect a momentous year ahead for the Supreme Court
(DBN)

In a First for Pakistan, a Woman Is Cleared to Become a Supreme Court Justice
(DBN)

Supreme Court to consider Biden vaccine and mask requirements in unusual Friday session
(DBN)

______________

Wall Street:

Stock futures edge higher ahead of key jobs report
(DBN)

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Layoffs:

Credit Suisse Cuts New York Prime Brokers
(DBN)

______________

Celebs:

The Inside Story Of How Jessica Simpson Launched, Sold Then Re-Acquired Her Billion Dollar Retail Empire From Bankruptcy
(DBN)

____________

Cannabis:

Cannabis firm CannTrust, short on cash, warns of potential ‘orderly wind-down’
(DBN)

____________

Transit:

As Omicron Infects Workers, Subway Service Suffers NYC Commuters Are Skipping the Train With 20% of Subway Drivers Out Sick
(DBN)

Winter storm leaves Amtrak passengers stuck on trains for days
(DBN)

____________

Autos:

A Hertz Lawyer Just Said Six Words the Company Should Hope Its Customers Never Hear
(DBN)

Elon Musk says GM has room to improve after the carmaker sold 26 electric vehicles in the last quarter of 2021
(DBN)

Automatic Emergency Braking Isn't
(DBN)

____________

Crypto:

UK law enforcement has reportedly seized $435 million worth of crypto in criminal investigations in the last 5 years
(DBN)

Bitcoin tumbles nearly 9% and other cryptos plunge as hawkish Fed minutes whack risky assets
(DBN)

Bitcoin predicted to ‘crash’ in 2022 as experts warn crypto investors to pull out
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims Increase to 207,000 US jobless claims rise by 7,000, but still low at 207,000 U.S. weekly jobless claims rise moderately as labor market tightens
(DBN)

December Employment Preview Goldman December Payrolls Preview
(DBN)

U.S. Firms Extend Credit at ‘Ballistic’ Pace in Bet on a Recovery
(DBN)

Omicron forces crippling closures for small businesses
(DBN)

U.S. factory orders increase strongly in November
(DBN)

ISM® Services Index Decreased to 62.0% in December Growth at U.S. Service Providers Sees Sharp Pullback From Record
(DBN)

Lawmakers Weighing Coronavirus Stimulus Checks To Businesses As Omicron Rages
(DBN)

Mounting omicron infections force businesses to scramble, threatening economic recovery
(DBN)

WHO says vaccine inequity undermines economic recovery: It’s ‘a killer of people and jobs’
(DBN)

More than 1,000 L.A.-area police officers, firefighters, paramedics ill or home quarantining due to COVID
(DBN)

A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.
(DBN)

Biden's likely Fed pick could change tone on climate risk, capital rules
(DBN)

Fed signals readiness to shrink balance sheet. Why that's a big deal
(DBN)

Canada's Royal Bank tells staff to keep working remotely
(DBN)

Young workers are losing out ‘on a lot’ by not going to the office, experts say
(DBN)

Work-From-Home Access Is Skewed Across U.S. Race, Education Gap
(DBN)

November trade deficit hits near record-high $80.2 billion U.S. trade deficit widens sharply on record high goods imports
(DBN)

Giving people a one-time economic boost changes their lives for at least a decade
(DBN)

You’ll Never Guess the Most Popular—and Unpopular—States in America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Fixed mortgage rates hit 20-month high as long-term bond yields rise U.S. 30-Year Mortgage Rates Surge to 3.22%, the Highest Since May 2020
(DBN)

No, the housing market isn't in a bubble. But there still are many things to worry about in 2022.
(DBN)

Several states have run out of federal rental assistance
(DBN)

Inside the ‘$500M’ Bel Air mansion heading to foreclosure auction
(DBN)

____________

Municipalities:

Puerto Rico bankruptcy judge rejects credit union fraud claims
(DBN)

____________

Oil/Gas:

Repsol Acquires Marcellus Assets in Rockdale Bankruptcy
(DBN)

U.S. Oil Stocks Surge, Completing Rebound to Pre-Pandemic Levels
(DBN)

How Six States Could Transform the U.S. Trucking Industry
(DBN)

69% of Americans don't want hybrid or electric for their next car
(DBN)

U.S. Ramps Up Battery Production With 13 New Gigafactories
(DBN)

Will The Energy Transition Really Chip Away At Oil Demand?
(DBN)

____________

Sports:

'He knew the conditions': Rafael Nadal reflects on Novak Djokovic's 'rough situation' ahead of the Australian Open Novak Djokovic is desperate to be taken seriously. Now he's becoming a punchline Novak Djokovic thought he'd aced Australian immigration. It now looks like a fault.
(DBN)

NFL explores Super Bowl move from Los Angeles to Cowboys’ AT&T Stadium
(DBN)

____________

Pharma:

Mallinckrodt makes final plea for approval of bankruptcy opioid deal
(DBN)

Mallinckrodt Judge Asks if Proposed Opioid Legal Shield is Fair
(DBN)

Moderna CEO Bancel says people may need another booster by the fall
(DBN)

____________

Retailing:

Bed Bath & Beyond to close nearly 40 stores in coming weeks
(DBN)

____________

Theatre:

As Broadway fights virus surge, unsung heroes find spotlight
(DBN)

____________

Tech:

France fines Google a record $170 million for making it too difficult to opt out of cookies
(DBN)

____________

Nursing Homes:

Families of Veterans Who Died of Covid Win $53 Million Legal Settlement
(DBN)

____________

Education:

Closing schools won't stop omicron. It'll just hurt kids.
(DBN)

Chicago Mayor Accuses Teachers Union of Holding Students ‘Hostage’
(DBN)

With No School in Sight, Chicago Families Grit Their Teeth
(DBN)

Schools sticking with in-person learning scramble for subs
(DBN)

____________

Healthcare:

Clinics associated with Galesburg Cottage Hospital file for bankruptcy
(DBN)

Here’s When We Expect Omicron to Peak
(DBN)

How the Omicron Wave Will Be Different
(DBN)

All vaccinated participants with severe COVID-19 in CDC study had at least one risk factor
(DBN)

The CDC now recommends being 'up to date' with your COVID-19 vaccines, not just 'fully vaccinated.' Here's what it means.
(DBN)

COVID-positive nurses say they're being pressured to work while sick, and they're petrified of infecting patients
(DBN)

New Jersey hospitals face staffing shortages as nurses see some COVID patients "not win that battle"
(DBN)

Omicron Seems Less Serious But is Still Dangerous, Says WHO
(DBN)

New York’s Record Wave of Omicron-Variant Cases Sees Fewer Severe Ones
(WSJ)

A season of joy -- and caution -- kicks off in New Orleans
(DBN)

This Is the City in Every State Where COVID-19 Is Growing the Fastest
(DBN)

Chicago Travel Advisory: Every state, 4 territories now on list
(DBN)

____________

 


New Bankruptcy Opinions
(2 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 (5 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:

Wait, What Happened to All Those Corporate Bankruptcies?
(DBN)

______________

Constitution:

U.S. Supreme Court: Flip-Flopping On Constitution’s Bankruptcy Clause
(DBN)

____________

Advisors:

FTI Consulting Announces Appointments of Senior Officials
(DBN)

____________

Aviation:

Near-empty flights crisscross Europe to secure landing slots
(DBN)

Qantas says some out-of-practice pilots are making basic mistakes like trying to take off with the parking brake on and confusing altitude and airspeed readings
(DBN)

Qatar Airways seeks more than $600 mln in Airbus A350 dispute
(DBN)

Aeromexico passenger traffic reaches highest post-pandemic level
(DBN)

Israel Moves to End Covid Travel Restrictions to U.S., Britain
(DBN)

Garuda Indonesia offers to extend maturity on US$500m sukuk
(DBN)

____________

Cruise Lines:

Cruise Ships Are Still Sailing as Cases Rise and Criticism Mounts
(DBN)

Partying Flight Crew Sinks ‘Cruise to Nowhere,’ Isolating 2,500 Passengers and Now Hong Kong, Too
(DBN)

Third Royal Caribbean cruise ship sailing from South Florida hit with COVID-19 outbreak
(DBN)

____________

Ride Hailing:

Flying Taxis Could Finally Make A Breakthrough In 2022
(DBN)

____________

Utilities:

Texas Rural Coop Says Smaller Utilities Need To Be Heard
(DBN)

Politics:

Biden decries ‘big lie,’ blames Trump for insurrection President Biden blasts Trump for 'spreading a web of lies' in a fiery Jan. 6 speech Biden: We are in a battle for the soul of America Democrats hail Biden for calling out Trump Biden says January 6 'can never happen again' and calls Trump a 'defeated former president' in anniversary remarks at the Capitol Biden decries Trump backers' 'dagger at throat' of democracy An honest speech had to cast blame, Biden aides say Taking on Trump is Biden's reluctant calling 5 takeaways from Biden's forceful Jan. 6 takedown of Trump Biden's Speech Rings Hollow
(DBN)

Trump lashes out at Biden over Jan. 6 speech Trump calls Biden's Jan. 6 speech "a distraction"
(DBN)

Americans do not remember Jan. 6 Capitol riot as one people Rival Jan. 6 vigils reflect deep divides over insurrection
(DBN)

Conservative networks minimize insurrection on anniversary
(DBN)

January 6 should’ve moderated the GOP. It did the opposite.
(DBN)

Obama says "democracy is at a greater risk" on January 6 anniversary
(DBN)

Jimmy Carter: I fear for our democracy
(DBN)

Dick Cheney: I'm Deeply Disappointed in GOP Leadership
(DBN)

Karl Rove Blasts Republicans Who Back Trump’s False 2020 Claims
(DBN)

Kamala Harris compares January 6 to Pearl Harbor and 9/11 in anniversary speech at the Capitol
(DBN)

America's living presidents - save one - warn about the danger our democracy faces
(DBN)

Democrats quietly explore barring Trump from office over Jan. 6
(DBN)

They believe in Trump's 'Big Lie.' Here's why it's been so hard to dispel
(DBN)

Trump turns on Hannity over Capitol-riot texts advising him to stop claiming the election was stolen
(DBN)

The Villages sees a voter-fraud outbreak — with a MAGA twist
(DBN)

Georgia Republicans planned a vigil for 'J6 Patriots' on Jan. 6. One critic called it an 'homage to treason.'
(DBN)

Stephanie Grisham says group of ex-Trump officials to meet next week to discuss how to 'stop' him
(DBN)

Americans' faith in election integrity drops
(DBN)

Ex-McCarthy staffer: GOP leader's strategy dictated by 'most extreme' wings of party
(DBN)

Lawmakers howl about gerrymandering - that their side isn't doing it enough
(DBN)

Maricopa officials punch back against Arizona's partisan election audit 'We're done. This is the end of the 2020 election': Maricopa County officials rebut error-plagued review
(DBN)

GOP election reviews face battleground state legal tests
(DBN)

Trump Hotel charged $8,000 for cheapest room one year ago on Jan. 6 — today it is $446: report
(DBN)

____________

UK:

UK regulation of Insolvency Profession Set for Reform in 2022
(DBN)

Boris Johnson Calls Out U.K. Anti-Vaxxers ‘Spouting Nonsense’ Online
(DBN)

____________

Canada:

Only 3,200 Homes Are Left on Toronto’s Market After Record Year
(DBN)

____________

Brazil:

Brazil's Industrial Production Unexpectedly Drops Amid Recession
(DBN)

Private Covid Tests in Brazil Show Omicron Variant Is Taking Off
(DBN)

____________

Kazakhstan:

Kazakhstan in flames as three cops found beheaded in bloody uprising & Putin flies in tanks to crush fuel-price riots Massive protests in Kazakhstan are making international shockwaves Kazakh president orders security forces to shoot to kill after days of violent protests
(DBN)

____________

Italy:

Italy mandates boosters for ages 50 and up
(DBN)

____________

Cuba:

Cuba’s vaccine success story sails past mark set by rich world’s Covid efforts
(DBN)

____________

Singapore:

Building a Restructuring Hub: Lessons from Singapore
(DBN)

____________

China:

China's Kaisa pressured by local government to repay wealth product investors
(DBN)

Anger mounts in locked down Chinese city as reports of hospital failures, food scarcity spread
(DBN)

___________


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