March 18, 2022

The Daily Bankruptcy News

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Law:

Some Are Quite Doubtful Biglaw Can Repeat Its Pandemic Profit Boom
(DBN)

Latham & Watkins Launches Virtual Experience Program on Restructuring & Special Situations
(DBN)

Biglaw Firm Steps Up Their Perk Game With Impressive Fertility And Family-Forming Coverage
(DBN)

How Griff Aldrich went from a Houston lawyer to leading Longwood to NCAA Tournament
(DBN)

Excellence On The Basketball Court Extends To A Legal Career
(DBN)

Hogan Lovells boots associate who got gropey at karaoke
(DBN)

Yale law students disrupt bipartisan free speech panel, trigger police escort • Hundreds of Yale Law Students Disrupt Bipartisan Free Speech Event
(DBN)

Mayer Brown Rode 'Calling Card' Practices to More Than 20% Revenue, Profit Growth
(DBN)

Alumnus gives law school $15M for full-tuition scholarships
(DBN)

County attorney takes responsibility for 180 botched cases after first blaming her staff
(DBN)

Gibson Dunn roars into NQ pay battle with £161,700 salary
(DBN)

Is Using A PO Box As A Law Firm Address Penny Wise, Pound Foolish, Or Passe?
(DBN)

Firm kept £300k in Covid grants as partners enjoyed massive pay rises
(DBN)

Attrition, Anti-Pedigree, Advice, And Appetite
(DBN)

'Son of Sam' Lawyer Resigns From N.Y. Bar Over Misconduct
(DBN)

Lawyer disbarred for submitting more than $14K in false expense reports to firm he co-founded
(DBN)

Trump White House aide was secret author of report used to push 'big lie'
(DBN)

Bannon can see Justice Dept. policies on prosecuting former White House aides for contempt of Congress, judge rules
(DBN)

Lin Wood's Ex-Colleagues Sue Him for Defamation, Claim They Received Death Threats After Being Smeared as 'Deep State' Extortionists
(DBN)

Fox News Responds to Smartmatic's 'Extravagant' $2.7 Billion Defamation Lawsuit, Claims Voting Company Was 'Losing Money Hand Over Fist' Long Before It Sued • Fox News Sues Smartmatic Over Election Defamation Claim
(DBN)

Cowboy politician 2nd person to go on trial in Jan. 6 riot • Four Friends Who Snapped Grinning Group Selfies from the Capitol Get Probation After Testifying Before House Jan. 6 Committee • Texas Member of 'Patriot Boys' Militia Group Pleads Guilty to Hitting Cop with Pole at U.S. Capitol on Jan. 6 • Wisconsin Man Charged After Allegedly Boasting He 'Pepper Sprayed 3 Cops So Bad They Got Undressed and Went Home' on Jan. 6 • At least 800 people have been charged in the Capitol insurrection so far. This searchable table shows them all.
(DBN)

The Question Juror No. 50 in Ghislaine Maxwell's Trial Should Never Have Been Asked
(DBN)

As abortion pills take off, some states move to curb them
(DBN)

Citi draws ire of Texas GOP over travel benefits for workers seeking abortions
(DBN)

Missouri lawmakers propose banning obtaining an abortion in another state
(DBN)

Four Disney employees arrested in Florida human trafficking, child predator sting
(DBN)

U.S. lets Ukrainians fleeing war into United States from Mexico
(DBN)

Biden administration prepares for potential mass migration at US-Mexico border
(DBN)

Kansas school shooting suspect opened fire after officials asked to search his bag, authorities say
(DBN)

Florida massacre families to get millions for FBI's inaction
(DBN)

Texas man accused of fatally shooting 2 dentists at clinic
(DBN)

Ron Jeremy 'Incoherent' at Courthouse, Case Suspended For Mental Health Exam
(DBN)

FBI: Accused wanted 'tyrant' Gov. Whitmer tied up on table
(DBN)

A professor found his exam questions posted online. He's suing the students responsible for copyright infringement. • Chapman University professor files infringement suit to learn which students posted exam questions online
(DBN)

NYC Mayor Stymieing Rikers Island Overhaul Efforts, Monitor Says
(DBN)

Man Who Played Video Games All Day, Lied About SpaceX Job, and Dismembered His Parents Heads to Prison for Life
(DBN)

Police Say DNA Tracing Has Identified Killer in 1988 Cold Case Murder of San Diego Woman, 29
(DBN)

University of Texas at Austin Professor Wins $3 Million Jury Verdict in Sex and Pregnancy Discrimination Case
(DBN)

GA Cops Pay $1M For A Single Ounce Of Weed After Charging 64 People With Possessing It
(DBN)

NTSB: 13-year-old drove truck in Texas crash that killed 9, including college golfers
(DBN)

'Her rep is shot': Influencer suing NYPD for $30 million after her photo was placed on a wanted poster for a crime she did not commit
(DBN)

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Judges:

Tenth Circuit seeks applications for a bankruptcy judgeship in the District of Utah
(DBN)

Justice Breyer's Upcoming Retirement: The Bankruptcy World Will Miss Him
(DBN)

Ex-law clerk accuses federal judge of pregnancy bias in House testimony; judiciary group backs changes
(DBN)

Judges Tell Congress That Workplace Conduct Strategy Should Continue
(DBN)

Dick Durbin, a low-key Senate veteran, to preside over Supreme Court hearings
(DBN)

Durbin, White House slam emerging GOP attack on KBJ sex offender rulings
(DBN)

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Wall Street:

Stock futures fall as S&P 500 tries to notch its best week since November 2020
(DBN)

Goldman Sachs Says Market Now Too Relaxed on Ukraine Risk
(DBN)

______________

Layoffs:

British ferry firm sacks 800 staff, but some crew members refuse to leave ships
(DBN)

One of the most basic hotel amenities is disappearing
(DBN)

______________

Student Debt:

Biden can 'put money in millions of people's pockets' by canceling student debt on his own, progressive lawmakers say
(DBN)

How the Federal Reserve's rate hike impacts student loan borrowers
(DBN)

'My daughter continues to ignore her responsibility to make payments.' I cosigned student loans for her, but am now disabled with limited income. Can I get out of this loan?
(DBN)

____________

Crypto:

Ukraine legalizes crypto sector as digital currency donations continue to pour in • Ukraine Law Seen Easing Crypto Donations to War-Torn Nation
(DBN)

Crypto, law enforcement experts say there is 'no evidence' Russia's Putin is using bitcoin to evade sanctions
(DBN)

____________

Tech:

Kanye West banned from Instagram after violating hate speech and bullying policies
(DBN)

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Climate:

Largest Federal Utility Chooses Gas, Defying Biden's Clean Energy Goals
(DBN)

Clean energy superstar or smokescreen for fossil fuel use? Here's what you need to know about hydrogen.
(DBN)

Great Barrier Reef Faces More Damage as Hot Seas Cause Bleaching
(DBN)

Drought Set to Scorch California and U.S. West Again, Forecasters Say
(DBN)

____________

Politics:

New York Times Admits Hunter's Emails Were Real • Hunter Biden Criminal Probe Gets Testimony
(DBN)

The truth in political advertising: 'You're allowed to lie'
(DBN)

Why are so few Americans willing to defend their country?
(DBN)

Putin's praisers in the West haven't suffered much politically
(DBN)

With legislation languishing and midterms approaching, Democratic lawmakers pressure Biden to issue executive orders
(DBN)

Dems search for next steps on Covid aid as headaches pile up
(DBN)

Everyone Was Surprised By The Senate Passing Permanent Daylight Saving Time. Especially The Senators • Year-round daylight saving time could have far-reaching effects, from health to education
(DBN)

Disney workers plan walkouts to protest 'Don't Say Gay' bill
(DBN)

Texas rejected at least 16,800 mail ballots in primary elections
(DBN)

Wisconsin GOP leader rejects election decertification call
(DBN)

Idaho Lt. Gov. Ends Interview After Being Pressed About White Nationalist Ties
(DBN)

Texas Guard Shakeup Deepens
(DBN)

___________


Economy:

Powell Treads Tricky Path in Saying Wages Are Rising Too Fast
(DBN)

Blankfein Says the Fed's Seven Projected Rate Hikes Is 'Not So Hawkish'
(DBN)

Weekly Initial Unemployment Claims Decrease to 214,000 • Weekly jobless claims total 214,000, better than expected for tight labor market • New Unemployment Claims Lowest Since December 2021
(DBN)

Workers Are Quitting at Highest Rates in South, Mountain States
(DBN)

Industrial Production Increased 0.5 Percent in February • U.S. manufacturing strong in February, with only autos lagging
(DBN)

Philadelphia Fed's manufacturing gauge ratchets higher in March
(DBN)

The Fed got inflation badly wrong — and now it admits there's no quick fix
(DBN)

More than 70% of savers are worried that inflation will affect their ability to retire
(DBN)

Powell Says U.S. Economy to Flourish, But Data Leave Room for Debate
(DBN)

Koch to continue operating in Russia • Koch Industries breaks silence on Russia operations — and says it will continue to operate its two glass factories there • Koch Industries: Why we're staying in Russia • Koch calls the Ukraine war "an affront to humanity"—but it's staying in Russia • BNY Mellon to Refrain From New Russian Business and Securities • The Silicon Valley fallout from waging economic war against Russia • Superyacht stuck in Norway because no one will sell it fuel • 'Nothing is off limits' as Congress prepares sweeping new Russia sanctions bill, analyst says • Russian-European Mars mission suspended over Ukraine war • Amid Invasion of Ukraine, I.R.S. Aims to Police Oligarch Sanctions • A billionaire Russian oligarch says he doesn't know how to live 3 weeks after being hit with sanctions • Russians have up to $213 billion stashed offshore in Swiss banks • Sanctioned Russians' Firm Splashed Big Money Across Hedge Funds • Meet the Bidders Lining Up to Buy Chelsea From Roman Abramovich • The UK says it has impounded several private jets linked to 'Putin's cronies' • U.K. Regulator Revokes RT's License to Broadcast in the U.K. • Russia Space Program Set Back After Europe Shuns Collaboration • War Handcuffs Russian Central Bankers Watching Demise of Economy • Instant Grocery Delivery App Buyk Files for Bankruptcy After Russian Sanctions
(DBN)

Russian businesses in US face backlash from war in Ukraine
(DBN)

Here are the 8 House Republicans who voted against suspending normal trade relations with Russia and Belarus
(DBN)

Russia's war in Ukraine may 'fundamentally alter' global economic, political order - IMF
(DBN)

The virtues of slow and steady economic growth
(DBN)

Many unicorn startups could become zombies
(DBN)

Experts share the No. 1 pandemic work trend they think will stick around
(DBN)

The 9-to-5 Schedule Should Be the Next Pillar of Work to Fall
(DBN)

The problem with U.S. bridges
(DBN)

Shoppers Reach Their Limits on Some Price Increases
(WSJ)

Americans Became Wealthier Under Donald Trump, Census Finds
(DBN)

NYC lifted most Covid restrictions, but one is still playing offense
(DBN)

Countries should seize the opportunity to take in Ukrainian refugees—it could transform their economies
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing Starts Increased to 1.769 million Annual Rate in February • February Housing Starts: Most Housing Units Under Construction Since 1973
(DBN)

Mortgage rates soar above 4% for the first time since 2019
(DBN)

Homes Earned More For Owners Than Their Jobs Last Year
(DBN)

Your Distracted Co-Worker Is Probably on Zillow
(WSJ)

Real estate sharks attempt to flip Florida condo for $13M after one month
(DBN)

A TikToker moved into his office cubicle to save on rent in a video that racked up 12 million views. Days later he was fired.
(DBN)

Josh Romano, paralegal indicted on charges of defrauding lender
(DBN)

____________

Municipalities:

Puerto Rico's future is looking brighter
(DBN)

____________

Oil/Gas:

Oil futures finish higher to climb back above $100 a barrel
(DBN)

IEA Says World Could Ease Russia Oil Crisis by Restricting Cars
(DBN)

The Energy Department's delicate LNG position
(DBN)

The World Could See A Record-Breaking Oil Supply Shock
(DBN)

The Real Reason U.S. Oil Producers Are Exercising Caution
(DBN)

Maserati to go all-electric starting with new 1,200-horsepower GranTurismo
(DBN)

The Keystone XL pipeline has nothing to do with gas prices
(DBN)

Texas comptroller targets firms that 'boycott' fossil fuels
(DBN)

Fog of War Has Oil Agencies Split on Impact of Russian Invasion
(DBN)

Electric Vehicles Are Out of Reach for Most U.S. Consumers
(DBN)

Macron Pledges Electric-Car Leasing to Wean Drivers Off Gasoline
(DBN)

____________

Agribusiness:

Flood Risk Threatens to Delay Wheat Sowing in Dakotas, Minnesota
(DBN)

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Autos:

Tesla Raises EV Prices Again In Third Increase In A Week
(DBN)

Toyota Expands Plant Halts as Japan Quake Hits Parts Procurement
(DBN)

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Cannabis:

States are flush with marijuana money and fighting over what to do with it
(DBN)

____________

Labor:

Employment law still has roots in the Middle Ages. That's terrible for workers.
(DBN)

____________

Live Performance:

Lagging ticket sales, sets stuck on ships: The dance world is struggling to get back on its feet
(DBN)

____________

Mass Torts:

Advocates hope to stop sale of Boy Scout camp to developer
(DBN)

Attorneys Ben Crump and Diandra "Fu" Debrosse Zimmermann Decry Alleged Johnson & Johnson Exploitation of Black Americans & Evasion of Responsibility
(DBN)

____________

Sports:

Arizona Coyotes: one NHL team's bitter divorce from its own home city
(DBN)

Billionaire oligarch Roman Abramovich's sale of Chelsea FC is one of the most complex deals in modern sports history. 2 soccer finance experts broke down how it will play out.
(DBN)

____________

Fraud:

North Carolina man used Game of Thrones-themed companies — White Walker, Khaleesi and The Night's Watch — in $1.7 million COVID-19 relief fraud
(DBN)

In a First, a Cardinal Testifies in a Vatican Criminal Trial
(DBN)

Founder Of Cyberfraud Prevention Company Pleads Guilty To Defrauding Investors Of Over $100 Million
(DBN)

____________

Bankruptcy Crimes:

Clintwood Man Pleads Guilty to Bankruptcy Fraud
(DBN)

____________

Retailing:

GameStop shares fall as retailer reports loss during holiday quarter, says it will launch NFT marketplace
(DBN)

____________

Healthcare:

As COVID cases climb in Europe, experts worry that new waves in the U.S. have typically followed within weeks
(DBN)

Lifesaving COVID drugs are sitting unused on pharmacy shelves, HHS data shows
(DBN)

Fauci Warns of Potential Rise in U.S. Covid Cases as Funding Runs Dry
(DBN)

Two people in Israel hit with Covid variant 'not yet known to the world'
(DBN)

Loss of funding of Covid treatments, vaccines puts uninsured in 'catastrophic' place
(DBN)

More Than 30 Companies Will Soon Make Generics of Pfizer's COVID-19 Pill
(DBN)

____________

 
New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (13 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

Small Business:

$7.5 Million Increased Debt Limit For Small Business Debtors May Become Permanent
(DBN)

____________

Mass Torts:

Boy Scouts Witness Says Claim Volume Unprecedented but Insurers Protected
(DBN)

____________

Administrative Claims:

Delaware Bankruptcy Court Eases Burden of Establishing an Administrative Claim
(DBN)

____________

Third Party Release:

Philip Anker On Third-Party Releases
(DBN)

____________

Aviation:

American Airlines will resume alcohol sales on flights starting April 18
(DBN)

Aeromexico Exits Bankruptcy With Plan to Invest $5 Billion in Fleet
(DBN)

Aeromexico Tumbles to Near Zero as Meme Stock Faces Final Hour
(DBN)

Delta gives employees 4% raises, first pay increase since before the pandemic
(DBN)

Canada eases its Covid rules for fully vaccinated travelers from abroad.
(DBN)

CDC lowers Caribbean COVID-19 travel warnings
(DBN)

Russia to seize planes from foreign owners
(DBN)

Thailand Eases Visa Rules for Tourists as Global Travel Revives • Thailand's Covid Cases Jump to Record Ahead of Review of Curbs
(DBN)

Southeast Asian Tourist Hubs Easing Restrictions to Woo Visitors
(DBN)

Ardern Woos Australians as New Zealand Welcomes Tourists Back
(DBN)

Indonesia's Garuda seeks another court extension to verify $10 bln claims
(DBN)

____________

Food/Beverage:

More than three dozen House Democrats are urging tens of billions of dollars in help for restaurants as part of a Covid aid package.
(DBN)

____________

Education:

Texas Teachers: We're Tired to Being Punched
(DBN)

____________

Sovereigns:

Russia makes interest payment on government debt, averting default • Russia avoids defaulting on debt as creditors receive interest payments
(DBN)

Why can't Russia pay its bonds in Russian currency?
(DBN)

What happens when a major economy can't pay its debts in dollars? Russia is about to show us
(DBN)

Belarus may repay foreign debt in its roubles due to sanctions
(DBN)

The Myth of the Chinese 'Debt Trap' in Africa
(DBN)

Argentina Senate Approves IMF Deal, Now Goes to Board Vote
(DBN)

Sri Lanka heads to IMF to end economic crisis, president says
(DBN)

____________

UK:

Business Recovery: How Should UK Companies Approach HMRC for Support?
(DBN)

Queen's Dog Biscuits Eaten by Government Minister in Bizarre Gaffe
(DBN)

U.K. Steps Up Plan to Potentially Suspend Northern Ireland Brexit Deal
(DBN)

U.K. Ministers Say Impostor Called Them Posing as Ukrainian PM
(DBN)

What is happening with P&O Ferries? Everything we know so far as staff made redundant
(DBN)

Hong Kong Migrants Find U.K. Is a World Turned Upside-Down
(DBN)

____________

Canada:

Business prof predicts surge in bankruptcies as soaring inflation spurs rate hikes
(DBN)

____________

Russia:

Russia central bank keeps rates at 20% but warns of considerable uncertainty • Russia Keeps Rates at 19-Year High as War Fires Up Inflation
(DBN)

Putin arrests military chief for leaking • Biden calls Putin a "war criminal" in sharpest condemnation since invasion • Troops Warn 'We'll Rise Against You' • Putin's warning to anti-war Russians evokes Stalinist purges • Syria to Supply Russia w/ 40,000 Mercenaries • Desperate Putin has just three moves left against Ukraine... and is running out of time • Russian soldiers 'shooting themselves in the legs to avoid fighting in Ukraine' • Ukrainian forces and volunteers handed Putin one of his 'most comprehensive routs' in a small town • Under pressure over Ukraine, Putin turns his ire on Russia's 'scum and traitors' • Putin has committed 75 percent of Russia's total military to the Ukraine war, Pentagon estimates • Survivors emerge from bombed theater • 'He's clearly angry': People who study Putin are alarmed by his latest speech • Russia 'violates international humanitarian law' - Ukraine defense min. • Anonymous declared a 'cyber war' against Russia. Here are the results • UK military intelligence says Russia's invasion of Ukraine has largely stalled • Russia's ruined game plan for Ukraine is visible in the south • Arnold Schwarzenegger Invokes His Nazi Father in Emotional Message to Russia • The violin, "weapon of resistance" of Ukrainian musicians • Russian government sites facing unprecedented cyber attacks -report • Russia warns United States: we have the might to put you in your place • Germany's Scholz under fire after Zelensky's fierce appeal • An American who owns a MiG-29 isn't sure the fighter jets will help Ukraine much • Where is the Russia-Ukraine war heading? Five scenarios • A Russian missile killed this Ukrainian man's entire family as they tried to escape Putin's onslaught • Ukraine publishes video of artillery barrage on Russian military post near Kyiv, set to AC/DC's 'Highway to Hell' • Photo shows destroyed Russian military helicopters on airfield attacked by Ukrainian forces at night • You will not pass, Mykolaiv's mayor tells Russians • Cheap but lethal Turkish drones bolster Ukraine's defenses • Zelensky has mastered the new way to reach the masses • Slovakia will send Ukraine S-300 air defenses 'immediately' if NATO backfills its weapons • Putin's KGB past didn't help him with intelligence on Ukraine • NATO Wants to Avoid Getting Dragged Into a War With Russia by Mistake • Putin Is Likely to Make Nuclear Threats If War Drags, U.S. Says
(DBN)

Ukraine Has Become a Graveyard for Russian Tanks
(WSJ)

Ukraine Food Supply Chain At Risk Amid War, UN Agency Warns
(DBN)

How Russia's Revamped Military Fumbled the Invasion of Ukraine
(WSJ)

Russia can be made to pay for Ukraine damage now
(DBN)

Inside Russia's propaganda bubble: Where a war isn't a war
(DBN)

US citizen killed in Ukraine identified as Jim Hill, who was in Chernihiv helping his partner get medical treatment
(DBN)

Countries previously hostile to refugees embrace Ukrainians.
(DBN)

Biden to speak with China's Xi Jinping about Russia • Why the U.S. and its allies may see China as complicit in facilitating Putin's invasion • China finds itself in a tricky position — stuck between the White House and the Kremlin
(DBN)

Report: Russian court extends Brittney Griner's detention until May
(DBN)

'They're Willing to Risk Ruining Their Lives.' Putin's War Is Driving Russians Out.
(DBN)

'We're Hostages': African Students Trapped in Russian-Held City in Ukraine
(DBN)

Veon, Bondholders Enlist Advisors Ahead of Planned Debt Talks
(DBN)

____________

Croatia:

Croatian Financial System Shielded From Likely Russian Bankruptcy
(DBN)

____________

Cuba:

Cubans frantic to migrate as economy falters, new hurdles arise
(DBN)

____________

Germany:

Germany to Lift Most Covid Curbs Despite Record-High Infections • German Health Chief Defends Easing as Covid Cases Hit Record
(DBN)

Tesla's German Factory Will Exhaust the Area's Water Supply
(DBN)

____________

China:

Tens of millions of Chinese people are back in strict lockdown. Residents say they feel 'trapped.' • Shenzhen Lockdown Eases as Xi Seeks to Soften Covid Impact • Xi Signals Tweaking of Covid Strategy as Economic Pressure Grows
(DBN)

Only Half of Chinese Aged 80 and Older Are Fully Vaccinated
(DBN)

Here's what Chinese state media is saying ahead of Xi's call with Biden • Biden Team Hardens View of China Tilting Toward Putin on Ukraine
(DBN)

How the Russia-Ukraine war could hit China's trade
(DBN)

____________

Hong Kong:

Hong Kong's Covid Deaths Surpass the Mainland, With More to Come
(DBN)

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