June 22, 2022

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Firm Bucks Growth Trend And Actually Shrunk Last Year
(DBN)

Dueling Rankings Of The Biggest Biglaw Firms In The Country (2022)
(DBN)

Reed Smith adds bankruptcy and restructuring partner Alissa Piccione in New York
(DBN)

Ninth Circuit Won't Reinstate Yagman As Member of Bar
(DBN)

In-House Lawyers Doing A Better Job On Vendor Diversity Than Hiring Diversity
(DBN)

400+ Biglaw, In-House Leaders Make Pledges To Support Diversity & Inclusion
(DBN)

South Dakota Attorney General Jason Ravnsborg Removed from Office After Impeachment Conviction in State Senate
(DBN)

Feds Plan to Drop 31 Charges Against Michael Avenatti After Recent Guilty Plea
(DBN)

Supreme Court OKs use of public money for religious education Justices rule religious schools must get Maine tuition aid Supreme Court sees 'discrimination against religion,' strikes down state ban on aid to religious schools Sotomayor accuses conservatives of 'dismantling' church-state separation Supreme Court Opens Floodgates To Taxpayer-Funded Religious Schools Conservative SCOTUS Majority Says Maine Taxpayers Must Foot the Bill for Education of Some Students at Religious Schools
(DBN)

Jan. 6 panel puts spotlight on Trump's efforts to strong-arm state officials Committee to reveal GOPers who sought Trump pardons Retired Judge Luttig explains 'slow and methodical' speech during Jan. 6 hearing Rudy Giuliani Admitted Trump Had 'Lots of Theories' But No 'Evidence,' Top Arizona Republican Tells Jan. 6 Committee Legal Experts Explain Why Appointing a Special Counsel to Investigate Trump for Jan. 6 Is Not as Easy as You Might Think Witnesses recount post-election threats of violence Sen. Johnson's office sought to hand-deliver fake electors to Pence Arizona House speaker says GOP Rep. Biggs pressed him on decertifying electors Arizona House speaker: "I didn't want to be used as a pawn" in effort to overturn election Arizona House Speaker Rusty Bowers refutes Trump's description of phone call: 'That certainly isn't it' Cheney gives Bowers a hug after testimony How Brad Raffensperger stood up to Trump Jan. 6 panel reveals new depths of Trump pressure campaign Trump filmmaker subpoenaed by Jan. 6 committee Unseen Trump tapes subpoenaed by House panel investigating Jan. 6 Here's who's testifying at the fourth Jan. 6 committee hearing Jan. 6 committee counsel urged to run for Senate seat Why Is the Justice Department Fighting With the Jan. 6 Committee? Fox anchor: Jan. 6 witnesses outlining 'huge, stunning, clear' lack of voter fraud evidence Who is Shaye Moss, former Georgia elections worker to testify before Jan. 6 panel? 'He targeted me' -Lady Ruby on Trump 1/6 panel: Local 'heroes' rebuffed Trump, then faced threats
(DBN)

Bannon Lawyers Seek To Avoid Mention Of Capitol Riot, Focusing Defense On 'Little Jamie Raskin And Shifty Schiff'
(DBN)

Former Georgia Election Worker Reveals Rudy Giuliani's False Fraud Claim About 'USB Drives' Full of Votes Started with a Ginger Mint
(DBN)

Texas top cop: Uvalde police response an 'abject failure' Texas DPS slams Uvalde school police chief at hearing: 'Terrible decisions' Report: Police in Uvalde had rifles earlier than known Texas official says Uvalde classroom door was unlocked Uvalde Shooter Wasn't Locked in Classroom, and Police Response Was an 'Abject Failure': Texas Department of Public Safety Uvalde Police Could Have Stopped Gunman in Mere Minutes Uvalde School to be Demolished Uvalde Teacher's Husband Tried to Save Her
(DBN)

Rusty Bowers says Giuliani told him: 'We've got lots of theories, we just don't have the evidence'
(DBN)

Deshaun Watson settles nearly all sexual misconduct lawsuits
(DBN)

6-year-old boy wasn't burned deliberately by bullies, video shows
(DBN)

Teen sentenced for murdering family, trying to pin on autistic brother
(DBN)

Families of criminal defendants are scammed by con artists watching Zoom hearings
(DBN)

Wrongful Convictions Lawyers Cash In by Targeting Insurers
(DBN)

Latino Cop Files Discrimination Complaint Against Disgraced Ex-Chief Who Allegedly Photoshopped His Face onto a Bottle of Hot Sauce
(DBN)

Kentucky Pediatrician Who Allegedly Asked FBI Agent to Make Ex-Husband 'Text Her an Apologetic Suicide Note' Is Indicted in Murder-for-Hire Plot
(DBN)

SCOTUS rules against death row inmate seeking neurological test to show ineffective lawyering
(DBN)

'Pure Evil': Texas Woman Sentenced for Orchestrating Husband's Murder and Begging for Help to Find His Killer on TV
(DBN)

'Wish I Was Sorry, But I'm Not': Woman Allegedly Kills Husband, Suggests She Did It to Protect Her Children
(DBN)

Bill Cosby Must Pay Woman $500,000 for Sexually Abusing Her at Playboy Mansion When She Was 16, Civil Jury Finds
(DBN)

______________

Judges:

BK SC: Thank you to Judge Waites
(DBN)

In The Wake Of Violent Threats, Retired U.S. Marshal Gives Advice On Judicial Gun Ownership
(DBN)

Why Is Sonia Sotomayor Trying To Redeem Clarence Thomas?
(DBN)

As Gorsuch's Majority Rules Against Biden Admin's 'Atextual' Position, Alito Dissent Says SCOTUS Has 'Veered Off into Fantasy Land' in 'Crime of Violence' Cases
(DBN)

Beer Puns on Tap in Fifth Circuit Ruling on Selling Craft Beer To-Go in Texas
(DBN)

Ginni Thomas's close ties with husband's law clerks highlighted in new book
(DBN)

______________

Wall Street:

Dow futures decline more than 300 points as market rebound fizzles
(DBN)

Stocks gain ground, clawing back a piece of last week's drop
(DBN)

Morgan Stanley, Goldman Strategists See More Stock Market Losses
(DBN)

Jim Rogers: Worst Bear Market in History
(DBN)

The S&P 500 Hasn't Had Such a Bad First Half Since the Nixon Era
(DBN)

______________

Politics:

Senators say agreement on gun violence compromise is at hand
(DBN)

Memo to Republicans: It's time to dump The Donald and run with The Ronald Profile positions DeSantis as conservatives' new folk hero DeSantis' national spotlight grows brighter
(DBN)

The Madness and Danger of the Texas GOP
(DBN)

American Grifters: Meet the MAGA Army Profiting Off Trump's Election Lies
(DBN)

Trump ratchets up attacks amid questions about his presidential viability
(DBN)

Trump praises 'powerful' Texas GOP after rejection of Biden win
(DBN)

Inside Dems' plan if Roe falls: A voter turnout blitz
(DBN)

Left-wing pol who preaches 'defund the NYPD' moved out of her 'unsafe' district
(DBN)

Why parents could be the new swing voters
(DBN)

Unhappiest Place on Earth: Texas Republicans Sure Hate Disney These Days
(DBN)

____________

Economy:

Goldman Sachs sees higher likelihood of recession in next year
(DBN)

Citigroup Economists See Chance of Global Recession Nearing 50%
(DBN)

Financial and Macroeconomic Indicators of Recession Risk
(DBN)

Fed's Powell facing rising criticism for inflation missteps A big test of Powell's support
(DBN)

A Woke Mandate for the Federal Reserve
(WSJ)

DOT: Vehicle Miles Driven Increased Slightly year-over-year in April
(DBN)

Record number of Americans to hit the road for July 4 weekend
(DBN)

US pools close, go without lifeguards amid labor shortage
(DBN)

Labor shortage compounds federal firefighters' staffing woes
(DBN)

What's next after Russia reduced gas to Europe? Russian ruble hits 7-year high against the dollar
(DBN)

Remote employees more siloed and have fewer connections, study finds
(DBN)

Companies Face Rising Supply-Chain Costs Amid Inventory Challenges
(WSJ)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Sales of existing homes fell in May, and more declines are expected NAR: Existing-Home Sales Decreased to 5.41 million SAAR in May More Analysis on May Existing Home Sales
(DBN)

Home sales give way as prices enter unprecedented territory
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

MBA Survey: "Share of Mortgage Loans in Forbearance Decreases to 0.85% in May"
(DBN)

The 10 best US cities for first-time homebuyers
(DBN)

Williamsburg hotel project up for bankruptcy sale
(DBN)

$210Mln Loan Against Mall Near Rochester, N.Y., Moves to Special Servicing
(DBN)

Distressed CMBS Realized Losses Soar in May
(DBN)

One Million Rent-Stabilized NYC Apartments Set for Biggest Increase Since 2013
(DBN)

____________

Municipalities:

Here are the worst-run cities in America: report
(DBN)

What UN recognition of Puerto Rico's right to independence means for Congress
(DBN)

____________

Oil/Gas:

Biden energy chief to meet with oil executives on Thursday
(DBN)

Biden to call for 3-month suspension of gas and diesel taxes
(DBN)

Exxon: Oil Turbulence Could Last for Years
(DBN)

Explainer-Why is there a worldwide oil-refining crunch?
(DBN)

Russian Oil Refinery in Flames
(DBN)

GM delivers 150 electric vans to FedEx
(DBN)

Electric Trucks Get Boost From Multi-Megawatt Charging Stations
(DBN)

Electric-vehicle issues may be all in your head, study suggests
(DBN)

____________

Sports:

Another star golfer defects to Saudi tour after 'black cloud' hint
(DBN)

____________

Crypto:

Crypto's frozen mystery: The fate of billions in Celsius deposits
(DBN)

____________

Banking:

Citi May Lose Half-Billion On Revlon Snafu A Second Time
(DBN)

____________

Labor:

Atlantic City casino workers push for a contract with strike wild card in hand
(DBN)

Southwest Pilots Picket in Dallas
(DBN)

____________

Student Debt:

Don't Cancel Student Loans. Let Bankruptcy Law Forgive Them
(DBN)

Biden confirms he's nearing a decision on student-loan forgiveness and says a payment pause extension is 'on the table'
(DBN)

____________

Apparel:

The Los Angeles Fashion District Fights to Bring Back Business
(DBN)

____________

Climate:

Historic June heat wave smashes records in Europe Summer sizzle: Triple-digit temps grip US on season's first day
(DBN)

Miscalculations, errors blamed for massive New Mexico blaze
(DBN)

Climate change a factor in 'unprecedented' South Asia floods
(DBN)

South China floods force tens of thousands to evacuate
(DBN)

Europe wildfire risk heightened by early heat waves, drought
(DBN)

Giant Sunspot Has Doubled in Size in 24 Hours and It's Pointed at Earth
(DBN)

____________

Healthcare:

Covid bailout rescued some hospitals while enriching others
(DBN)

'Heightened alert': Abortion providers brace for ruling
(DBN)

CDC gives the nod to Covid vaccines for under 5s. Now pediatricians will try to convince parents.
(DBN)

____________

New Bankruptcy Opinions
(3 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 Statistics:

Bankruptcies have fallen, but economic pressures could send more small businesses looking for cover
(DBN)

Preparing PE Sponsors and Private Credit Lenders for a Potential Bankruptcy Wave
(DBN)

______________

Bankruptcy Reform:

President Biden Signs Bill Extending Temporary $7.5 Million Subchapter V Debt Limit Increase Into 2024 Biden Signs Grassley-Led Bankruptcy Bill Into Law
(DBN)

____________

Mass Torts:

Alex Jones Must Pay Some Attorneys' Fees to Sandy Hook Families After Skipping Texas Deposition
(DBN)

Supreme Court rejects Bayer bid to block lawsuits over Roundup herbicide
(DBN)

____________

Aviation:

Prof slammed after trying to mask-shame flight attendant in Twitter rant
(DBN)

Airliner Crash Lands at Miami Passenger Jet Bursts Into Flames After Hard Landing in Miami
(DBN)

____________

Cosmetics:

Revlon stock rips another 30% in wild post-bankruptcy trading Bankrupt Revlon's Surge Draws Retail Investors as Trading Booms Revlon has soared 456% since it filed for bankruptcy as retail investors seek to replicate Hertz magic
(DBN)

Citigroup Could Stand to Lose Us$900 Million in Revlon Bankruptcy
(DBN)

____________

Entertainment:

Hollywood Execs Brace for Advertising "Storm Clouds" Ahead
(DBN)

____________

Crypto:

Layoffs may be only the start of 'crypto winter,' analysts say
(DBN)

Short sellers having a field day betting against crypto stocks
(DBN)

____________

Celebs:

Katie Price dodges another court date as bankruptcy hearing put back to 2023
(DBN)

FKA Twigs says she nearly went bankrupt during the pandemic
(DBN)

____________

Tech:

Twitter's board urges shareholders to approve Musk takeover bid
(DBN)

____________

Autos:

Bumpy road ahead for Elon Musk as Tesla faces losing world's biggest electric car maker crown, study says
(DBN)

____________

Sovereigns:

Sri Lankan economy has 'completely collapsed', leader says Sri Lanka's crisis cripples once burgeoning middle class
(DBN)

____________

UK:

UK rail strike strands commuters, pits workers against govt
(DBN)

UK Petrol Price Hit Fresh Record on First Day of Rail Strikes
(DBN)

UK Inflation Jump Driven by Energy, Food and Motor Fuel Prices
(DBN)

Brexit's Legacy Is Hotter UK Inflation Risk for Years to Come UK Inflation Rises to New 40-Year High With More Gains Expected
(DBN)

English Home Rental Prices Surge 9% in a Year to Hit Record High
(DBN)

____________

EU:

ECB Says Europe's Economy Seen 'Far' From Stagflation Scenario
(DBN)

____________

Russia:

Destroyed Russian Tanks to Be Paraded in Europe by Ukraine No nukes? Ukraine-Russian war will shape world's arsenals 'The impossible': Ukraine's secret, deadly rescue missions Garland in Ukraine to talk war crimes prosecution 'Nazi hunter' Eli Rosenbaum to lead DOJ team investigating war crimes in Ukraine A former US general compared Russia's war in Ukraine to a 'heavyweight boxing match' and said a 'knockout blow' is coming US intel officials admit they didn't see that Russia's military was a 'hollow force.' Here's what they did see and how they missed it Press group: Ukraine journalist, soldier 'coldly executed'
(DBN)

Nobel sold for Ukrainian kids shatters record at $103.5M
(DBN)

Building trust in the tool millions are using to pierce Putin's digital iron curtain
(DBN)

____________

China:

Law banning Xinjiang products goes into effect
(DBN)

China's Manufacturing Hub Raises Flood Alert to Highest Level
(DBN)

____________

Italy:

Italy's "drugged" Construction Boom Hits A Wall
(DBN)

____________

MENA:

Afghanistan quake kills 1,000 people, deadliest in decades
(DBN)

____________

India:

Dilution of Secured Creditor Rights under the Indian Insolvency Regime
(DBN)

IVRCL resolved under IBC, lenders set to recover dues
(DBN)

Scheme to resolve MSME bankruptcies finds few takers
(DBN)

____________

Switzerland:

The powers of the foreign bankrupt company and the foreign bankruptcy administrator to act before the Swiss Authorities in case of fraud
(DBN)

____________

Singapore:

In Singapore, You Need $75K Just for the Right to Own a Car
(DBN)

____________


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