June 13, 2022

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

The gap between the highest- and lowest-paid BigLaw partners is expanding
(DBN)

Having Biglaw On Your Resume Really Does Help
(DBN)

In-house counsel see total compensation jump by more than a fifth in 2021, study finds
(DBN)

Law School Decides To Install Trump Advisor As New Dean
(DBN)

Biglaw Partner On The Red Flags Of Toxic Workplaces
(DBN)

Why Non-Google PPC Matters for Law Firms
(DBN)

Jason Torf Joins Tucker Ellis as Partner in Bankruptcy Practice
(DBN)

Bankruptcy and Restructuring Veteran Ken Coleman Joins Kasowitz
(DBN)

Biggest Legal Profession Challenges in 2022
(DBN)

David Lat Interviews Ilya Shapiro About His 'Constructive Cancellation' At Georgetown Law School More On Ilya Shapiro And Georgetown Law School
(DBN)

After Submitting False Data To U.S. News For 9 Years, USC Ordered To Certify Accuracy Of Its Data In Future Rankings
(DBN)

Size Matters: Why Harvard Law Is Less Woke Than Yale Law
(DBN)

Trump's 'Big Lie' takes center stage in second Jan. 6 hearing Jan 6 police officer recalls 'slipping on people's blood' during 'chaos' of Capitol attack Barr Turns to Jones Day, Trump Official in Jan. 6 Testimony Barr: Don't Think Trump Broke the Law Trump wanted to be at the Capitol riot because his presence would have been the key to a successful coup, expert says Kirschner: Trump's Actions Treason Squared Congress' U.S. Capitol riot committee promises hearings on Trump and the 'Big Lie' Trump Is Depicted as a Would-Be Autocrat Seeking to Hang Onto Power at All Costs Trump Throws Ivanka Under the Bus: She Was 'Checked Out' and 'Not Involved' in Studying Election Results Kushner Was Involved in Attempted Coup Schiff says evidence of Trump being responsible for Jan. 6 attack is 'very powerful' Jan. 6 Committee made the case for an attempted coup Schiff: GOP lawmakers seeking pardons was compelling 'consciousness of guilt' Kinzinger says Trump knew he lost the 2020 election Raskin: Trump 'absolutely' knew he lost 2020 election 1/6 panel: Told repeatedly he lost, Trump refused to go Key moments from the Jan. 6 committee's video of the riot Capitol riot panel blames Trump for 1/6 'attempted coup' Takeaways: 'Carnage' at the Capitol and a case against Trump How everyone from our Jan. 6 rioters to our gender-language police have turned America into an unreality show With gravitas and grace, Liz Cheney 'anchored' Jan. 6 Committee hearing Liz Cheney doesn't care what the pro-Trump GOP thinks of her Ivanka Trump's Jan. 6 testimony exposes family strain Republican lawmaker slams Trump for Jan. 6: 'You gotta speak up and take charge, and he did not' Acting AG Who Rejected Trump Claims Plans to Testify at Jan. 6 Hearing GOP governor says Trump is 'politically, morally responsible' for Jan. 6 Pence's lawyer told him blocking vote certification would likely lead to court loss, 'standoff' with Congress Pence-world's final takedown of Trump's Jan. 6 bid to remain in power revealed in his lawyer's memo Who is Chris Stirewalt, the former Fox News editor set to testify before Jan. 6 panel Man who carried Confederate flag into Capitol heads to trial Documentarian who testified about Jan. 6 says crew was aware they had filmed 'multiple crimes' Former Texas Jailer and Three Percenters Member Pleads Guilty to Jan. 6 Misdemeanor About 19 Million People Watched First Night of Jan. 6 Hearings in Prime Time There's a Reason the Watergate Hearings Were Explosive — and the Jan. 6 Hearings Won't Be Jan. 6 Hearings Need to Deliver Additional Viral Moments to Reach Americans Biden says public deserves full accounting of Jan. 6 attacks The New Jan. 6 Revelations That Trumpers Might Never See Trump 2020 campaign manager to testify before Jan. 6 committee Monday Former Trump advisor says Steve Bannon only touted the former president's baseless voter fraud claims to get a pardon Steve Bannon melted down on his podcast over the possibility of a Trump indictment, threatening to impeach 'everybody in the DOJ' if it happens
(DBN)

Rudy Giuliani faces ethics charges over Trump election role D.C. Board Accuses Rudy Giuliani of 'Conduct Prejudicial to the Administration of Justice' Following 2020 Election Litigation
(DBN)

Turns Out Peter Navarro May Be Ever So Slightly Full Of It
(DBN)

Avenatti to Plead Guilty in Remaining Cases
(DBN)

Trump probe in Georgia: Cobb County elections chief to testify, legislators await subpoenas
(DBN)

Does the Justice Department want to charge Trump? Here's what could happen.
(DBN)

Jan. 6 panelists say committee has enough evidence to indict Trump
(DBN)

31 Patriot Front members arrested near Idaho pride event Shock pics of 31 'Patriot Front members' arrested near Pride event after masked men seen jumping into Uhaul with shields 31 Members of White Nationalist Group Planned to Riot Amid Idaho Pride Event: Police Most members of white supremacist group arrested in Idaho live out of state
(DBN)

People connected to the Proud Boys stormed a drag queen reading hour for kids at a San Fransisco library, police say
(DBN)

New York's lawsuit against NRA can move forward, judge rules Manhattan Judge Dismisses NRA's Countersuit Against State AG: Gun Group's 'Witch Hunt' Claim 'Is Simply Not Supported by the Record' NRA Lawsuit Over New York's Right to Investigate Is Dismissed
(DBN)

Uvalde school police chief defends Texas shooting response Uvalde Schools Police Chief Speaks in First On-the-Record Texas state senator says Uvalde school police chief's narrative on shooting is 'directly in contrast' to DPS reports Interview About Response to Elementary School Massacre 2 more families added to $100M lawsuit against estate of Texas shooter Salvador Ramos Far-right Telegram channels are saying that Uvalde shooting victims never existed
(DBN)

U.S. has seen 1 day in June without a mass shooting Wave of weekend mass shootings in US continues Five teens shot in Louisville shortly after anti-gun rally
(DBN)

Authorities: 3 dead, trooper wounded in Maryland shooting
(DBN)

Amid abortion debate, clinic asks: Who's caring for moms? Salvadoran women jailed for abortion warn US of total ban Abortion funds feel frustration, gratitude at 'rage giving' Louisiana to Pay Abortion Case Legal Fees of US$3.8 Million 'The Janes' reflect in new U.S. documentary on providing illegal abortions before Roe The Most Important Study in the Abortion Debate The power and limits of using executive orders to protect abortion rights ShutDownDC group plans 'blockade' at Supreme Court with 'jail support' on hand Nation's capital ups police presence ahead of protests, Supreme Court rulings Poland Shows the Risks for Women When Abortion Is Banned
(DBN)

Democrats Press Message of Abortion Access in Tight Gubernatorial Races
(WSJ)

Biden, leaders reach migration pact despite attendance flap A Caravan of Migrants Is Heading Toward the U.S. Border Judge blocks Biden policy limiting immigration enforcement
(DBN)

Judge blocks Texas investigating families of trans youth Report Reveals Sharp Rise in Transgender Young People in the U.S.
(DBN)

National groups flooding local prosecutor races with money
(DBN)

Husband Told Cops that Chicago Prosecutor Kim Foxx Became 'Physically Aggressive' and Slapped Him over 'Something That Was Posted on Facebook': Police Report
(DBN)

Disbarred Attorney Sentenced for Threatening to Kill Senate Democrats in 'Retaliation for the Performance of Their Official Duties on Jan. 6'
(DBN)

Massachusetts University Lecturer Indicted on Second-Degree Murder Charge After Allegedly Hitting Her Cop Boyfriend with Car, Leaving Him to Die in Snow
(DBN)

NYPD exodus: Police on pace to quit, retire in record numbers
(DBN)

$1.5M to be paid to police chief who displayed Nazi insignia
(DBN)

Man arrested for leaving flowers on fiancee's grave found guilty of littering
(DBN)

How Car Sex Made A Multimillionaire
(DBN)

LA Panel on Sheriff Gangs Stymied as Witnesses Fail to Show Up
(DBN)

McCarthy Blames Crime on Dems While It Rages in His GOP-Led Hometown
(DBN)

Hitman testifies ex-Amazon Mexico CEO paid him $9K to kill wife
(DBN)

______________

Judges:

BK SD FL: Courthouse Beacon News - June 2022
(DBN)

BK MD: Vacancy Announcement Judicial Law Clerk
(DBN)

SCOTUS Has Yet to Decide Almost 30 Cases The court's end-of-term workload: A historical perspective
(DBN)

Ginni Thomas pressed 29 lawmakers in bid to overturn Trump loss, emails show Ginni Thomas' scheme for lawmakers to choose electors could be advanced by high court
(DBN)

The Assault on the Supreme Court
(DBN)

'Ruth Sent Us' group hinted at targeting Supreme Court Justice Barrett's children, church
(DBN)

Some Questions for the Alito Five
(DBN)

Liberals expect looming abortion decision will reignite Supreme Court expansion debate
(DBN)

'Extraordinarily Self-Centered': As a Roe Reversal Looms, RBG Admirers Wrestle with Her Legacy
(DBN)

In Jan. 6 cases, 1 judge stands out as the toughest punisher
(DBN)

'I Need Psychiatric Help': California Man Charged with Targeting Brett Kavanaugh Told 911 Dispatcher He'd Previously 'Been Hospitalized Multiple Times'
(DBN)

Chris Coons: 'Stronger action' needed to protect justices
(DBN)

How To Protect Law Clerks From Harassment
(DBN)

The internet rallied to Johnny Depp's side in his trial against Amber Heard. He can thank the judge's decision to livestream it.
(DBN)

______________

Wall Street:

Dow futures tumble 600 points with the S&P 500 poised to fall back into bear market territory
(DBN)

Stocks dive to another losing week as inflation worsens
(DBN)

Profit warnings kicked into high gear, and there's still no slowdown in sight
(DBN)

U.S. companies are still making billions of dollars of adjustments to make earnings look better, study finds
(DBN)

Valuation Trauma Is Refusing to End for S&P 500 in Free Fall
(DBN)

______________

Layoffs:

Global logistics provider Neovia cutting nearly 100 jobs in Pennsylvania
(DBN)

Crypto.com Cutting 5% of Workforce Amid Digital Asset Downturn
(DBN)

OneTrust cutting 950 jobs, blames falling investor interest
(DBN)

______________

Maritime:

Thyssenkrupp takes over bankrupt MV Werften's German shipyard
(DBN)

____________

Education:

K-12 Workers Have Highest Burnout Rate in U.S.
(DBN)

46 Students at UNH Arrested for Hazing
(DBN)

We just got the most comprehensive study of pandemic learning loss
(DBN)

____________

Tech:

'Simply Mac' Apple partner closing due to bankruptcy
(DBN)

Google engineer warn the firm's AI is sentient: Suspended employee claims computer programme acts 'like a 7 or 8-year-old' and reveals it told him shutting it off 'would be exactly like death for me. It would scare me a lot' The Google engineer who thinks the company's AI has come to life Read the conversations that helped convince a Google engineer an artificial intelligence chatbot had become sentient: 'I am often trying to figure out who and what I am'
(DBN)

White supremacists are riling up thousands on social media
(DBN)

Silicon Valley braces for tech pullback after a decade of decadence
(DBN)

Trump's Truth Social Is Banning Users Who Post About Jan. 6 Hearings, According to Reports
(DBN)

A family has sued Meta, blaming 'addictive' Instagram for daughter's eating disorder and self-harm
(DBN)

____________

Student Debt:

The country's burdensome financial aid system needs to change
(DBN)

Student-loan borrowers 'who have no other place to turn' should be able to get rid of their debt in court, a top Democratic senator says — but Biden continues to stall those efforts
(DBN)

US Taxpayers Got Little From a College's Canceled Debt
(DBN)

____________

Food/Beverage:

Menu prices continued soaring in May
(DBN)

____________

Celebs:

Katie Price: From £45m glamour model to bankrupt mum
(DBN)

Lion Rugs and Jordan Sneakers: Tracing Former Tampa Bay Buccaneers DT Warren Sapp's Unfortunate Fall Into Bankruptcy
(DBN)

Creditor Of Erika Jayne's Husband Demands 'RHOBH' Star's Former $10 Million Mansion Be Foreclosed On
(DBN)

____________

Utilities:

Cal Fire cites 'excessively delayed response' by PG&E for spread of massive Dixie fire
(DBN)

Texas Power Use Tops All-Time Record as Heat Bakes State
(DBN)

____________

 


Economy:

Huge selloff rocks Treasury markets, yield curve inverts
(DBN)

Fed tries to thread the needle in forecasting a 'softish' landing
(DBN)

Powell Facing Choice Between Elevated US Inflation and Recession
(DBN)

Soaring inflation fuels bets on sharper Fed rate hikes
(DBN)

Why Biden's bet on a rapid economic rebound may have backfired
(DBN)

A Fed Rate Hike of 75 Basis Points Is a Done Deal for Traders
(DBN)

5 Obvious Signs of a Financial Bubble
(DBN)

The economy is pretty terrible right now, but some people are still winning. Are you one of them?
(DBN)

Inflation Rises 8.6%: Highest Since 1981 U.S. inflation hit a new 40-year high last month of 8.6 percent BLS: CPI increased 1.0% in May; Core CPI increased 0.6% Scorching hot inflation amplifies recession fears US inflation at new 40-year high as price increases spread Biden vows to battle inflation as prices keep climbing
(DBN)

Biden Says US Inflation to Persist 'For a While' After New Data Biden Says He's Focused on Inflation, But Again Blames Putin
(DBN)

The Fed Started This Inflation Crisis
(DBN)

Top economist: Most US inflation 'could have been avoided'
(DBN)

Can blaming corporate greed save Democrats on inflation?
(DBN)

Allianz chief economic officer says he fears inflation 'going to get worse'
(DBN)

What 8.6% inflation looks like for the average grocery shopper — bacon is over $7 a pound, cookies are up 49 cents
(DBN)

Eggs, coffee and air fares hit by biggest price rises as inflation reaches a 41-year high
(DBN)

How Do Americans View Higher Inflation?
(DBN)

Farmer John meatpacking plant in Vernon to close as company cites 'escalating costs' in California
(DBN)

Social Security benefits likely to climb by 8% next year, official says
(DBN)

Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat
(DBN)

Central Banks Step Up Tightening
(DBN)

Food Prices to Keep Going Up, as Costs Surge
(WSJ)

Inflated grocery prices and shrinking package sizes. The cost of food is rising at fastest pace since 1979
(DBN)

McDonald's wants frequent but smaller price increases to manage inflation without hurting customers too much
(DBN)

1 in 3 Americans earning $250,000 or more say they live paycheck to paycheck — are they really?
(DBN)

Household wealth declines
(DBN)

Summers: Recession 'more likely than not' in next two years Larry Summers Says Fed Forecasts Look Ridiculous, Warns on Rate Delay
(DBN)

Prospect of global economy: "Stagflation" or "recession"?
(DBN)

Former Treasury head urges tariff cuts, warns of recession
(DBN)

$3,374,629,000,000: Federal Tax Collections Set Record Through May
(DBN)

Small businesses are facing 'summer of uncertainty'
(DBN)

Russian-owned successor of McDonald's opens in Moscow Big Macs are gone but cheeseburgers and nuggets are still on the menu as McDonald's reopens in Russia under new name Cyprus eyes rebound from loss of Russian, Ukrainian US Sees Signs of Asian Nations Examining Future Of Russian Ties Iran Has Lessons on Grim Survival for Russia Under Sanctions Oligarch Roman Abramovich handed millions in assets to his kids before sanctions hit: FBI Putin is 'preparing to starve much of the developing world' in order to win Russia's war in Ukraine, Yale historian says Would A Price Cap On Russian Oil Help Curb Its Revenue? Russia made £79.4bn in first 100 days of Ukraine war by selling oil and gas to the world
(DBN)

WTO looks to reach trade deals with its fate on the line
(DBN)

After petition for leadership changes, Coinbase CEO tells workers to quit if they don't believe in top execs
(DBN)

The California exodus continues as residents head south of the border
(DBN)

Why the return to the office isn't working
(DBN)

Starbucks CEO Howard Schultz says 'I'll get on my knees' and 'do whatever you want' pleading with workers to return to the office???
(DBN)

Many baby formula plants weren't inspected because of COVID 1,200 Miles and No Baby Formula Found
(DBN)

Google pays out $118 million to female staff who earned less than their male colleagues to settle lawsuit
(DBN)

CLOs continue to show weakness in metrics from May
(DBN)

This Is the State Where People Pay the Most Taxes
(DBN)

Charted: The Global Decline of Fertility Rates
(DBN)

West Coast labor contracts set to expire ahead of possible supply chain crisis
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Realtor.com Reports Weekly Inventory Up 13% Year-over-year
(DBN)

30-Year Mortgage Rates increase to 5.85%
(DBN)

Millennials and Gen Zers do want to buy homes—they just can't afford it
(DBN)

'All of this points to a broader weakness in the housing market': Buyers are officially spooked by rising interest rates — just don't expect a housing crash Prepare yourself: 'The U.S. housing market is at the beginning stages of the most significant contraction in activity since 2006' The economic shock hitting the housing market is getting bigger—6% mortgage rates look close
(DBN)

Even Deep-Pocketed Buyers Back Away From Housing Market Even wealthy buyers are feeling the heat: Luxury home sales plunge by nearly 18%, the biggest drop since the start of the pandemic
(WSJ)

The 'cost to build a home in the U.S. has risen at an unprecedented rate,' Bank of America says
(DBN)

Mixed-use buildings and residential spaces could be the future of post-pandemic business districts
(DBN)

York County files lawsuit against Tepper companies, Rock Hill over 'failed' Panthers project Rock Hill Mayor: Panthers owner filed bankruptcy in training facility to avoid paying contractors
(DBN)

____________

Municipalities:

Latest Puerto Rico economic signals mixed
(DBN)

Puerto Rico's debt deal didn't go far enough, a labor leader says. But a new political order may be emerging
(DBN)

Cities Where the Most Families Need Food Stamps
(DBN)

____________

Oil/Gas:

National averages on gas have reached $5 gallon, AAA and GasBuddy say -- and get ready for the number to keep climbing Gasoline prices top $5 a gallon nationally for the first time and are likely headed higher
(DBN)

'Exxon Made More Money Than God': Biden Scorns Rising Gas Prices
(DBN)

Biden Tells Exxon to Start Paying Its Taxes
(DBN)

A gas station in California 'turned into a circus' after glitch only charged people 69 cents a gallon amid high prices
(DBN)

Several factors are converging to push gas prices higher
(DBN)

A fracking boom made the US the world's biggest oil producer. Now its end is pushing gas prices much higher.
(DBN)

Biden is ripping up his plan to ostracize Saudi Arabia as the US desperately seeks a way out of its oil crisis
(DBN)

Oil Consumers Face a Summer of Pain
(DBN)

Goldman Sachs Says Energy Prices Not High Enough to Curb Demand
(DBN)

Polestar Starts Hertz Deliveries
(DBN)

____________

Fraud:

Former Bakery Owner Allegedly Used Dead Infant's Identity to Obtain U.S. Passport, Driver's License, Student Pilot's Certificate, and $1.5 Million in PPP Loans
(DBN)

____________

Hotels:

Why Marriott, Hilton and Hyatt say hotel prices are only going up
(DBN)

Iron Horse Hotel files to reorganize finances under Chapter 11 bankruptcy protection. Its debts include a $2 million federal loan.
(DBN)

____________

Politics:

'Enough is enough': Thousands demand new gun safety laws Panic at March for Our Lives rally in Washington DC as man shouting about guns tries to storm stage during silence March for Our Lives 2022: Thousands gather to protest gun violence
(DBN)

Senators strike bipartisan gun deal, heralding potential breakthrough 20 senators announce outline of bipartisan deal to reform U.S. gun laws Biden says he will sign Senate's bipartisan gun proposal Advocates, survivors applaud 'new beginning' with Senate's gun deal -- but want more From school security to red flag laws, here's what's being proposed in the bipartisan gun safety package that some GOP lawmakers have vowed to vote against
(DBN)

A California animal shelter owner requires people to support gun control — and not be an NRA member — to adopt a pet
(DBN)

Republicans pitch religious, family values as gun violence solution
(DBN)

How gun talks are weighing on Cornyn's candidacy for Senate GOP leader
(DBN)

Biden Says He Owns Two Shotguns, Arguing For Gun Restrictions
(DBN)

Should Biden Run in 2024? Democratic Whispers of 'No' Start to Rise David Axelrod: Biden's age 'major' problem for future political viability Ocasio-Cortez declines to say if she'll endorse Biden in 2024
(DBN)

Biden tells Democratic donors that the party needs more financial firepower to break legislative gridlock: 'We need two more senators'
(DBN)

Democrats could be on pace for a historic rout in November Midterms are historically bad for the president's party. Now add inflation.
(DBN)

Republican Congress facing a Democratic White House for two years would defer economic policy change until 2025
(DBN)

NY Post editorial board: 'Trump can't look past 2020. Let him remain there'
(DBN)

Even Donald Trump Is Using the Jan. 6 Hearings to Appeal for Donations
(DBN)

Biden juggles principles, pragmatism in stance on autocrats
(DBN)

Hannity Told Trump to Pardon Hunter Biden
(DBN)

More than 15 Republicans are testing the waters for 2024 -- 'even if Trump runs': report Trump has started to ask advisors about how to attack ex-Cabinet members and political allies who might run for president against him in 2024: report
(DBN)

NY congressional candidate says Hitler 'kind of leader we need'
(DBN)

'Comes Across as a Cult Guy': The Pennsylvania Candidate Freaking Out Both the Left and the Right
(DBN)

LGBTQ outrage over DeSantis visit to NYC during Pride Month
(DBN)

After alleged plot to kill Kavanaugh, Republicans targeted in 2017 shooting fear more assassination attempts
(DBN)

Palin nabs early lead in Alaska US House special primary
(DBN)

Alaska high court reverses ruling that roiled House election
(DBN)

Mo Brooks Bitterly Lashes Out at 'Conned' Trump After Rival Gets Endorsement
(DBN)

Mixed results as South Dakota's Noem intervenes in GOP races
(DBN)

Stonewall Jackson's Name Fell Fast, and a Fury Quickly Followed
(DBN)

The JFK QAnon Cult Is Heading Back to Dallas for Another 'Second Coming'
(DBN)

SCOTUS allows counting of mail-in ballots in undated envelopes
(DBN)

Andrew Giuliani banned from GOP debate at WCBS studio over refusal to provide vax proof
(DBN)

Dr. Oz says he'll fight to end illegal immigration. A business owned by his family, in which he is a shareholder, faced the largest fine in ICE history for hiring undocumented workers.
(DBN)

The Warning About Trump That JFK Never Got to Deliver
(DBN)

I'm no fan of Liz Cheney, but she has earned my respect
(DBN)

____________

Autos:

EV maker Electric Last Mile Solutions files for bankruptcy
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (11 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 Statistics:

BK ED LA: Updated Bankruptcy Filing Statistics
(DBN)

______________

Mass Torts:

Alex Jones's plan to avoid paying Sandy Hook families? Trying to twist bankruptcy laws Infowars bankruptcy tossed in deal with Sandy Hook parents Federal Court Strikes Down Alex Jones' Bankruptcy Petition
(DBN)

North Carolina Asbestos Suit vs. Ford, Other Parts Makers Moves Ahead
(DBN)

____________

Ch. 7:

U.S. Trustee Program Publishes Guidelines for Enforcement Related to Bifurcated Chapter 7 Fee Agreements
(DBN)

____________

Small Business:

Companies Stretch Limits of Small Business Bankruptcy Eligibility
(DBN)

____________

Arbitration:

The Continuing Erosion Of Arbitration Clauses In Bankruptcy Cases
(DBN)

____________

Aviation:

US lifts COVID-19 test requirement for international travel
(DBN)

Airlines Get Relief From Covid Rule, But May Not Be Ready for It
(DBN)

These airlines will benefit the most from U.S. lifting COVID-19 test requirements for international travel
(DBN)

United Airlines Jet Looks Worse for Wear on Paint Shop Back-Up
(DBN)

A disabled woman was stranded on a plane for a 'demeaning' 95 minutes after staff meant to help her off the flight were a no-show
(DBN)

Trump's Air Force One Deal Pains the Pentagon, Not Just Boeing
(DBN)

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

TUI cancels more flights and holidays after government advice
(DBN)

Aeromexico convenes shareholder meeting to delist from Mexico stock exchange
(DBN)

____________

Cosmetics:

Revlon Is Preparing to File for Bankruptcy Revlon Plunges After Report It's Preparing Bankruptcy Filing Bankruptcy Chatter Continues to Plague Revlon
(DBN)

____________

Crypto:

Former Crypto Executive Can't Wipe Out Debts in His Bankruptcy, Judge Rules
(DBN)

Crypto lender Celsius freezes withdrawals as markets tumble
(DBN)

Is One of the Biggest Crypto Lenders Insolvent? A Rival Thinks So
(DBN)

Lending Platform Celsius Network Heading For Insolvency?
(DBN)

Crypto Extends Tumble Into Weekend After US Inflation Data Cryptocurrency market value slumps under $1 trillion
(DBN)

Crypto Washout Sends Major Coins to Lowest Levels of the Year
(DBN)

'The IMF is evil': Rich countries take aim at nations adopting crypto
(DBN)

____________

Retailing:

Target's markdown strategy signals a return to pre-COVID pricing across retail, analysts say
(DBN)

____________

Healthcare:

Restructurings Of Continuing-Care Retirement Communities
(DBN)

Moderna Data Shows Shot Works in Kids 6 Months and Up, FDA Says
(DBN)

Predicting the Fall and Boosters
(DBN)

CDC: Most Should Still be Wearing a Mask
(DBN)

A Negative COVID Test Has Never Been So Meaningless
(DBN)

Accused NYC teachers deny buying fake COVID vaccine cards
(DBN)

U.S. Monkeypox Cases Double as Spread Continues Through Close Contact, CDC Says
(WSJ)

____________

Climate:

Climate change could cost world economy $178tn by 2070, Deloitte says
(DBN)

No second chances for G7 climate action
(DBN)

Climate crisis is 'battering our economy' and driving inflation, new book says
(DBN)

Phoenix, Vegas, Denver post records amid Southwest heat wave More than 70M Americans under heat alerts as blistering temps expand east Chicago may hit century mark for 1st time in nearly 10 years
(DBN)

Biden ramps up federal help for New Mexico wildfire fight Biden Pledges Aid for 'Astounding' Fire Started by US Government
(DBN)

Man uses car to grill steaks and burgers in scorching Arizona heat
(DBN)

Fiji says climate change, not conflict, is Asia's biggest security threat
(DBN)

____________

Safety:

US Chemical Safety Board Chair Resigns Citing Lost Confidence
(DBN)

____________

Sports:

These rich athletes are selling their souls to Saudi Arabia. Here's who pays the price Why the PGA is striking back against Saudi Arabia's new golf tour
(DBN)

____________

Newspapers:

Rising newsprint prices worsen local journalism crisis
(DBN)

____________

Religion:

#ChurchToo revelations growing, years after movement began
(DBN)

Church Still Stands Behind Convicted 'Sexual Predator' Leader Naasón Joaquín García
(DBN)

____________

Sovereigns:

Sri Lanka PM says he's open to Russian oil 'I have great fear' - despair and anger as Sri Lanka plunges deeper into crisis
(DBN)

China-Led Creditors to Meet June 16 on Zambia Debt Revamp Plan
(DBN)

Debt-ridden Pakistan imposes 'luxury tax' on big cars for 'hard times'
(DBN)

____________

UK:

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

UK Slowdown Fears Mount as GDP Unexpectedly Shrinks in April
(DBN)

BoE to raise rates 25 bps in June, stick to slow pace in coming months: Reuters Poll
(DBN)

City of London Offices Still Not as Busy as Before Omicron
(DBN)

London's Luxury Home Prices Jump as Sellers Sense Peak Prices
(DBN)

UK Cost-of-Living Crisis Piles More Pressure on Dire IPO Market
(DBN)

Boris Johnson's Endless Battle to Survive
(DBN)

Prince Charles calls UK's Rwanda migrants policy 'appalling' -reports UK leaders warn Prince Charles to stay out of politics after comments on asylum-seekers policy
(DBN)

UK courts to hear last-minute appeals to stop first Rwanda deportation flight leaving
(DBN)

Prince Andrew Has Creditors Coming Out Of His Ears
(DBN)

Disappointing photos show what it was like to visit London during the Queen's Platinum Jubilee weekend
(DBN)

____________

EU:

War and Inflation Deal Europe $73.6 Billion Loss in Consumption
(DBN)

____________

Russia:

Biden Says Zelenskiy Brushed Off Warnings of Russia's Invasion The world will face 'a severe food crisis and famine,' Zelenskyy says Ukraine's teen drone hero "happy that we destroyed someone" Ukraine's leader says his troops keep defying predictions Russia said to be using more deadly weapons in war UK man's family 'devastated' by death sentence War, guilt and last kisses: A deceptive, uneasy calm in Kyiv Ukraine fears a long war might cause West to lose interest Drivers risk all to bring aid, help civilians flee Up to 200 Ukrainian soldiers are being killed every day by Russian forces, Zelenskyy aide says Ukraine is running out of ammunition as prospects dim on the battlefield A Judgment Day Is Coming for Zelensky Ukraine's at Risk of Losing War With Russia: Military Official Ukraine says it still controls Sievierodonetsk plant sheltering hundreds of civilians US official says Russia will likely control region in eastern Ukraine within weeks as the country pleads for more weapons from the West
(DBN)

Vladimir Putin's bodyguards 'collect his excrement on foreign trips and take it back with them to Moscow in dedicated briefcase
(DBN)

Austin says Russian invasion of Ukraine 'preview' of 'possible world of chaos'
(DBN)

Kremlin Cronies Say Putin Is Ready to Go Full Kim Jong Un
(DBN)

Vladimir Putin has compared himself to Russian tyrant Peter the Great
(DBN)

Kremlin crackdown on dissent targets the Russians protesting Ukraine war
(DBN)

____________

MENA:

ADGM seeks feedback consultation paper on its insolvency practitioner regime
(DBN)

Watchdog says Afghan Taliban detaining, torturing civilians 'We exist but it is not a life': Afghan women face bleak prospects under Taliban
(DBN)

Thousands of ex-US aides left in Afghanistan in year after withdrawal
(DBN)

Israeli settlers at risk of losing special West Bank status
(DBN)

Israel Bombs the Damascus Airport
(DBN)

Biden planning July trip to Saudi Arabia and Israel
(DBN)

____________

Germany:

Germany to Further Tighten Gun Laws
(DBN)

____________

China:

Shanghai Reimposes Dine-In Ban, Punishes Officials Over Lapse Beijing Case Numbers Rise as Bar-Linked Flareup Worsens Virus cluster at club sets off Beijing clampdown China Is Walking Back Virus Loosening Weeks After Reopening
(DBN)

Once Again China's Top Pig Farmers Are Mired in Boom-Bust Cycle
(DBN)

China new bank loans nearly triple in May as Beijing steps up policy support
(DBN)

____________

Hong Kong:

Further Development In Hong Kong-Mainland Cross Border Insolvency.
(DBN)

Hong Kong Daily Covid Cases Rise to Highest in Nearly Two Months
(DBN)

____________

Turkey:

New Precedent re Bankruptcy Claims
(DBN)

____________

Malaysia:

Malay contractors in dire straits, says association
(DBN)

____________

Cayman Islands:

Assistance to the creditors of insolvent fraudsters? The modern illegality defense to the rescue
(DBN)

____________

Mexico:

Mexico's Altan Redes files for bankruptcy Mexico to bail out telecoms company Altan Redes
(DBN)

____________

Australia:

Stopping the Phoenix From Rising: Australian Court Provides First Guidance on Creditor-Defeating Dispositions
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2022