June 10, 2022

The Daily Bankruptcy News

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Law:

'Hotel California' Law Firm Charged With Ethics Violations For Making It Impossible For Lawyers To Leave
(DBN)

The Impact -- In Dollars -- Of A Top Law School On Your In-House Salary
(DBN)

There's No Going Back: It's Time To Embrace A Hybrid Workplace Model
(DBN)

Remote Roles May Be Going Extinct For Biglaw Associates And Staffers
(DBN)

Lawyer mental health suffers when employers value only money, study says
(DBN)

Big Law Rates Topping $2,000 Leave Value 'In Eye of Beholder'
(DBN)

5 Tips For Taking Time Off
(DBN)

Firm takes action against staff who were rude at restaurant
(DBN)

Mayer Brown orders partners not to ruin lawyers' holidays
(DBN)

Firm slams brakes on IPO
(DBN)

Ex-White & Case lawyer's virtual firm attracts funding boost
(DBN)

Committee Kicks Off Capitol Attack Probe Unreleased Video In Focus Obscure No More: Labor Lawyer Seizes Spotlight to Foil Trump Five key moments from the January 6 Capitol riot hearing January 6 Hearing: What We Learned Jan. 6 panel's 1,000 witnesses: From Trump aides to rioters Jan. 6 hearing key takeaways: Committee warns democracy 'in danger' The Don at Center of 'Attempted Coup' McCarthy: 'Everyone in country' was responsible Ivanka rejected election fraud claims Trump takes to Truth Social to fire back at Jan. 6 committee Jan. 6 panel lets Trump allies narrate the case against him Key takeaways from the first Jan. 6 hearing: It's all about Trump Trump's Inner Circle All Knew He Lost the Election Betsy DeVos: Trump Crossed the Line Cheney: Trump 'summoned the mob, assembled the mob and lit the flame of this attack' GOP Reps Asked for Pardons from Trump Jan 6. panel says Scott Perry among multiple GOP lawmakers who wanted Trump pardon Donald Trump Allegedly Cheered Mob Wanting To Hang VP: 'Mike Pence Deserves It' Dramatic New Video of Capitol Riots Mick Mulvaney: Jan. 6 footage at hearing 'stunning' Fox News Jan. 6 Alternate Reality Capitol Police Officer: It Was a War US Capitol riot probe: House hearing shows Donald Trump allies, daughter Ivanka rejected election fraud claims Jan. 6 Committee Outlines Anatomy of Trump-led 'Attempted Coup,' Reveals 45th President Said Supporters' Calls for Pence's Hanging May Be the 'Right Idea' Former Trump spokesman says clip Jan. 6 committee aired is incomplete Kushner dismisses Trump legal counsel threat to quit as 'whining' Trump calls deadly insurrection 'greatest movement' in US history January 6 committee: What to expect from live hearings that start today into the Capitol riot and Trump's role Jan. 6 panel to put Trump at center of 'coordinated, multistep effort' to overturn election What does a Jan. 6 hearing victory look like for Democrats? A critical moment of account for Trump Rubio: Jan. 6 hearing is Dem 'free documentary' sponsored by mainstream media Raffensperger could testify publicly before Jan. 6 committee The Jan. 6 hearings' missing man: Mike Pence Dems know the Jan. 6 hearings won't help in November. They're leaning in anyway Ex-NFL star unleashes on coach over Jan. 6 'dust-up' comments 'They are going to go nuts': Republican makes prediction day before January 6 Proud Boys, Tarrio blast sedition charge as politically orchestrated Father and Son from New York State Get Home Confinement, Probation for Storming Capitol Together on Jan. 6 Ex-Cop from Georgia Who Insists He's 'Not One of Those People Who Believes in Conspiracies' Is Sentenced for Jan. 6 Crime Federal Judge Won't Let Prosecutors Use Digital Cameras Seized from Accused U.S. Capitol Rioter Seen Boasting About 'Fighting Cops' Michigan GOP Candidate for Governor Ryan Kelley Charged in Jan. 6 Capitol Attack Just before Jan. 6 hearing, rioters plea for mercy
(DBN)

Former Meadows staffer gets new attorney
(DBN)

Trump's own campaign legal adviser John Eastman didn't believe what he was telling the president: J6 committee
(DBN)

Peter Navarro Called FBI Agents 'Kind Nazis,' Made 'False' Claims About Access to Counsel and Conditions of Arrest: Feds
(DBN)

FBI arrests Michigan Gov candidate on Jan 6 charges
(DBN)

Charging decision due in police shooting of Patrick Lyoya Michigan Cop Charged with Second-Degree Murder for Shooting Patrick Lyoya in the Back of the Head During Struggle
(DBN)

DOJ investigating Louisiana State Police
(DBN)

Multiple People Killed in Shooting at Maryland Manufacturing Facility 3 dead, 1 injured in shooting at Maryland factory: Sheriff
(DBN)

'Suspicious' Man Shot Dead After 'Aggressively' Trying to Open Several Doors at Alabama Elementary School, Officials Say
(DBN)

Family of Oxford High School Murder Victim Sues District, Administrators Over 'Predictable and Preventable' Mass Shooting
(DBN)

The Supreme Court gives lawsuit immunity to Border Patrol agents who violate the Constitution
(DBN)

Biden, leaders reach migration pact Biden to sign declaration aimed at addressing migrant flows
(DBN)

Uvalde superintendent won't say if school police chief still employed We May Never See Police Accountability in the Texas School Shooting — This Is Why Police in Uvalde were waiting for protective gear during shooting: Probe Waiting for keys, unable to break down doors: Uvalde schools police chief defends delay in confronting gunman Uvalde's Police Response Indefensible
(DBN)

Most police departments make recruits undergo psychological evaluation. Federal law enforcement agencies? Not so much.
(DBN)

With Roe likely to fall, California lawmakers move to enshrine it in their constitution
(DBN)

Biden predicts 'mini revolution' in November if SCOTUS overturns Roe v. Wade DHS: Roe Decision Could Lead to Attacks
(DBN)

Biden says he's looking at executive orders on abortion rights if Supreme Court strikes down Roe
(DBN)

Congress Has Never Considered Fetuses Persons Within the Meaning of the 14th Amendment
(DBN)

Tourist has $1,000,000 watch snatched off wrist after gang surrounds him
(DBN)

Man who raps about robbing ATMs arrested for . . .
(DBN)

Footage of hazing that left student paralyzed revealed... Family demand charges against frat boys
(DBN)

Man unhappy with haircut shoots Kansas City barber
(DBN)

Indiana Man Who Dismembered Ex-Girlfriend and Ate Her Brain Appeals Life Sentence for Murder
(DBN)

Florida Wife Scrolled Dating App After Fatally Stabbing Hubby, Prosecutors Allege
(DBN)

Judge Sentences Convicted Murderer Who Suggested 'The Munsters' Child Actor Was to Blame for Husband's Death
(DBN)

TX: Parents Arrested as Baby Dies from Meth
(DBN)

'Baby Holly' Found Alive 40-Plus Years After Parents' Murders; Texas AG Reveals She Was Left at a Church by Barefoot Members of 'Nomadic Religious Group' Clad in White Robes
(DBN)

Lawyer quits profession to talk to the animals - living and dead Lawyer is happier and better paid after quitting her job to become a pet psychic
(DBN)

ACLU sues to stop Texas from treating transgender care as child abuse
(DBN)

How the FBI uses laws to spy on foreign terrorists to spy on you
(DBN)

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Judges:

FBI raids home of Nicholas Roske, suspect charged with attempted murder of Brett Kavanaugh Family of suspect nabbed in Brett Kavanaugh threat call arrest 'extremely' out of character Stunned Grandfather Reacts to Allegations That Grandson Wanted to Kill Justice Brett Kavanaugh; FBI Raids Home The Assassination Plot Against Brett Kavanaugh Is a National Emergency
(DBN)

Alito's Draft Opinion Obsesses Over 17th Century Abortion Law—and Gets It Completely Wrong
(DBN)

Pelosi: House will vote next week to boost security for SCOTUS families
(DBN)

Supreme Court is more conservative than most Americans, surveys show
(DBN)

Justices earned extra money from books and teaching in 2021, disclosures show
(DBN)

Federal judge sanctions lawyer with history of excuses, says ER claim was 'a lie from the beginning'
(DBN)

Court is closed for extermination after cockroach release during protesters' arraignment
(DBN)

How A Judge's Confusion Led To An Open Letter To President Biden
(DBN)

U.S. Senate panel advances Biden picks for 7th, 9th circuits
(DBN)

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Wall Street:

Stock futures muted ahead of Friday's key inflation report
(DBN)

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Layoffs:

Hyundai's Self Driving Taxis on the Road
(DBN)

Layoffs hit tech startup Hologram
(DBN)

Rocky Brands Announces Layoffs at Its Newly Acquired Boot Brands
(DBN)

Convoy, which just raised $260M, lays off 7% of workforce in latest tech startup cuts
(DBN)

Sonder Shares Drop 9% After Corporate Layoffs, Restructuring Costs
(DBN)

Stitch Fix shares sink after company announces layoffs, offers weak guidance
(DBN)

Klarna CEO defends business despite massive losses and layoffs
(DBN)

Layoffs Watch '22: State Street Might Like To Buy A Smaller Credit Suisse
(DBN)

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Economy:

Consumer price inflation in May expected to run sizzling hot as energy, food and rent rose
(DBN)

Consumers changing eating, shopping habits as inflation pushes up prices
(DBN)

Senate panel backs Fed nominee Barr in 17-7 vote
(DBN)

More Americans apply for jobless benefits last week Weekly jobless claims hit 229,000, the highest level since January
(DBN)

Consumer credit card debt jumps back to an all-time, post-pandemic high
(DBN)

War Puts the Brakes on Global Economic Recovery
(DBN)

Biden, economy imperiled by predicted May inflation spike
(DBN)

This chart explains why the US will avoid a recession, according to JPMorgan strategists
(DBN)

Investors should take some chips off the table as the US could see either stagflation or a recession soon, says top economist Mohamed El-Erian
(DBN)

'The Big Short' investor Michael Burry slams Biden, the Fed, and the Treasury for being ignorant of history — and scarily blind to the inflation threat
(DBN)

'Nothing to suggest' US will have a recession: Yellen
(DBN)

Nobel prize-winning economist sees 'good chance' of recession
(DBN)

The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey
(DBN)

Revoking job offers is an increasingly common cost-cutting strategy
(DBN)

Russia's invasion of Ukraine will drag its economy back to 2007, wiping out 15 years of gains, finance experts say The US and Europe are searching for a way to limit Russia's oil revenues without driving a price spike, Janet Yellen says Why some countries don't want to pick a side in Russia's war in Ukraine Putin: Russia Won't Shut Down Oil Wells Russia cuts key interest rate back to prewar level Hungary says it's impossible for the EU to impose a Russian gas ban anytime soon The EU and UK's plan to ban insurance for tankers carrying Russian oil is a bad idea Russia adds $9.5B to emergency fund as sanctions hit, default looms
(DBN)

Why Joe Biden is invoking a war power to build heat pumps and solar panels
(DBN)

10 jobs with the best future outlook for college graduates
(DBN)

EV tax credits 'on the table' as Democrats try reviving parts of Build Back Better
(DBN)

Silicon Valley braces for the good times to end
(DBN)

Bernie Sanders, Elizabeth Warren, and other Democrats want to pay retirees an additional $2,400 in their Social Security checks — by raising taxes on the richest Americans
(DBN)

California economy ranks 3rd-best in US, survey says
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

The Home ATM Still Open in Q1 2022; Closing Soon
(DBN)

Mortgage rates jump again
(DBN)

Lumber prices just hit their lowest point in 9 months as mortgage demand sinks to levels not seen in 2 decades
(DBN)

The American Town With the Most Expensive Rent
(DBN)

This Is the City Where the Fewest People Own Their Homes
(DBN)

This Land Was Promised for Housing. Instead It's Going to a Pro Soccer Team Owned by a Billionaire.
(DBN)

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Municipalities:

Oversight Board rejects second PREPA fiscal plan in two weeks
(DBN)

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Oil/Gas:

Gas prices are so high that the number of Americans getting stranded on the road has jumped because they can't afford to fill their tanks
(DBN)

Gas prices hit $5 national average after rapid rise
(DBN)

Gasoline Futures Set a Record as Pump Prices Verge on $5
(DBN)

LyondellBasell Would Shut Houston Oil Refinery Early on Major Equipment Failure
(DBN)

Shrinking Spare Capacity Will Only Send Oil Prices Higher
(DBN)

Biden's Plan for Interstate EV Charging
(DBN)

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Mass Torts:

After Bankruptcy Gambit Implodes, Alex Jones Is Back In State Court And Facing Fresh Sanctions Demands Sandy Hook Families Ask Court to Sanction Alex Jones, Saying His 'Abuse of the Judicial Process Literally Knows No Bounds'
(DBN)

CT judge won't budge on trial date to accommodate 2 Alex Jones Sandy Hook defamation trials in Texas
(DBN)

U.S. Supreme Court will soon decide whether to hear Bayer's weedkiller case
(DBN)

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Autos:

Feds advances probe of TESLAS running into emergency vehicles
(DBN)

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Celebs:

Prosecutors Want R. Kelly Trapped In A Jail Cell For 25+ Years 'He Lured Young Girls and Boys into His Orbit': Feds Want R. Kelly to Serve in 'Excess of 25 Years' for Racketeering and Child Exploitation Crimes
(DBN)

Johnny Depp, victorious in defamation battle, capitalizes on trial notoriety
(DBN)

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Education:

More Than 700 Books Banned in Texas
(DBN)

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Utilities:

PG&E pleads not guilty in deadly 2020 California wildfire
(DBN)

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Banking:

Wells Fargo under criminal investigation
(DBN)

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Healthcare:

Some medical debt will soon disappear from consumer credit reports
(DBN)

New Wave of Shortages at Texas Hospitals
(DBN)

The major tourist draws of San Juan, and Miami-Dade and Honolulu counties, have become virus hot spots.
(DBN)

Diseases suppressed during Covid are coming back in new and peculiar ways
(DBN)

Yes, monkeypox is a real threat — but risk level varies Will monkeypox spread as fast as COVID?
(DBN)

Bill Gates says the world 'got lucky' with the pandemic and it'd take $1 billion a year for the world to prevent the next one
(DBN)

As CA corona cases rise, Bay Area divided about imposing new mask rules
(DBN)

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Maritime:

Thyssenkrupp takes over shipyard of insolvent MV Werften
(DBN)

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New Bankruptcy Opinions
(5 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 (8 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 Research:

Consumer Responses to Corporate Bankruptcy
(DBN)

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Intercreditor:

Intercreditor Agreements and the Bankruptcy Code
(DBN)

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Constitution:

The Circuit City Landmine (Siegel v. Fitzgerald): Supremes Declare Bankruptcy Fee Hike Under United States Trustee Program Unconstitutional –What Happens Next?
(DBN)

Trouble Brewing? Expanding Debtor/Creditor Laws vs. Constitution's "Impairing Contracts" Clause
(DBN)

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Aviation:

Boeing's Air Force One Problems Piling Up
(DBN)

Strikes and Labor Shortages Leave European Airports in Chaos
(DBN)

S.Africa's oldest private airline in liquidation after it fails to get funds
(DBN)

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Coal:

Ditching coal is expensive — and a huge bargain
(DBN)

Optimum Coal potential buyer wants to 'buy out' other creditors
(DBN)

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Hotels:

Hotels: Occupancy Rate Down 12.1% Compared to Same Week in 2019
(DBN)

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Climate:

Climate Adaption Sounds Easy. It's Not for Most People in the World
(DBN)

Study casts doubt on corporate contributions to fight against climate change
(DBN)

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Religion:

'These people should be put to death': Texas pastor calls for LGBT people to be executed
(DBN)

Mexican megachurch leader gets more than 16 years for abuse 'Shame on You': Judge Calls Out Family Members Who Abandoned Survivors as Megachurch Leader Is Sentenced for Child Sexual Assault Megachurch leader sentenced for sex abuse: 'He made me his property,' victim says
(DBN)

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Sports:

PGA Tour says Saudi-paid players no longer eligible for tour PGA Tour suspends 17 golfers, including Phil Mickelson, for playing in Saudi-backed LIV event Golf descends into chaos
(DBN)

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Cosmetics:

Revlon begins talks with lenders to avoid bankruptcy ahead of looming maturities of debt
(DBN)

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Flooring:

Armstrong Flooring asks bankruptcy court to reject union contracts, stop retiree health and life insurance benefits
(DBN)

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Politics:

House passes 'red flag' gun legislation in mainly party-line vote Overwhelming majority backs age limit of 21 years to buy AR-15 style rifle: poll These four Democrats voted against parts of the gun package Here are the House Republicans who broke with the party on guns Small-business owners urge Senate to expand background checks on gun sales Hunter Biden's daughter offers to get dad on the phone if senator votes for gun control Cornyn asks GOP colleagues to keep 'powder dry' in gun talks Senate leaves town without a deal on gun legislation
(DBN)

Don't Forget the First Half of the Second Amendment
(DBN)

FactCheck: Gun manufacturers are "the only industry in the country" that have immunity from lawsuits.
(DBN)

72 percent of Americans more likely to vote after recent mass shooting: NPR poll
(DBN)

NY to push gunmakers to adopt microstamping
(DBN)

Top Senate Democrats sound the alarm about Russian interference in the 2022 midterms
(DBN)

The next attack on our democracy could take place at the polls
(DBN)

The Boiling Over of America
(DBN)

Cheney's Integrity Burning Her in Wyoming
(DBN)

Sanders: GOP has 'excellent' chance of gaining control of House, possibly Senate Bernie to Dems: Change course before you nosedive in November
(DBN)

Nikki Haley battles Trump in House primary turf war
(DBN)

CEO who fired 900 workers over Zoom allegedly said 'Biden will die of COVID'
(DBN)

Jan. 6 further exposed America's partisan fault lines -- and the rift is deepening
(DBN)

Supreme Court OKs counting undated mail ballots in Pennsylvania
(DBN)

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UK:

Insolvency Figures Show Pain Is Building for UK's Businesses
(DBN)

Tommy Robinson spent £100,000 gambling before declaring bankruptcy, court hears
(DBN)

Boris Johnson's new Brexit gamble
(DBN)

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EU:

ECJ Ruling on the treatment of Non-UK pensions on bankruptcy
(DBN)

European Central Bank confirms July rate hike plans, raises inflation projections significantly European Central Bank confirms plans for first rate hike in 11 years
(DBN)

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Russia:

More bodies found in Mariupol as global food crisis looms Smashed buildings in Mariupol produce 'endless caravan of death' Welcome to Bulgaria, where the Ukraine war is NATO's fault Black Sea nonsense: Kyiv battles Russia's lies on the food crisis West denounces death sentences for Ukraine troops Bucha residents try to reclaim their homes amid war Russia and Ukraine are battling over underwater mines as the global food crisis worsens 'We Are Still in Shock': A Month Trapped by Russian Forces in a Basement
(DBN)

3 sentenced to death for fighting on Ukraine's side
(DBN)

Putin pretends to be a historian again: he says he must "return territories"
(DBN)

What the Ukraine War Should Teach China
(DBN)

____________

MENA:

Lebanon banks should 'go first' in absorbing losses, caretaker deputy PM says
(DBN)

IAEA chief: Iran removing 27 surveillance cameras from nuclear sites
(DBN)

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India:

There should not be any stigma attached to genuine biz failure: IBBI chief
(DBN)

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China:

Further development in Hong Kong-Mainland cross border insolvency
(DBN)

China struggles to stamp out Covid as Beijing, Shanghai reimpose some restrictions
(DBN)

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