May 16, 2022

The Daily Bankruptcy News

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Law:

7+ Million Billable Hours Makes For A Good Year
(DBN)

Having Summer Associates Work From The Office Is The Perfect Ploy To Make Associates Return
(DBN)

Deans Only Like Preferential Treatment When It Benefits Their Law School
(DBN)

Biglaw Firms Are Now Offering Menopause Support Packages To Employees
(DBN)

It May Be Time To Close Your Firm
(DBN)

'I Haven't Heard Any Words of Remorse': Judge Sentences Man to Months Behind Bars for Kicking and Smashing Capitol Windows 'You Leave!': Man with Prior Criminal Record Who Fought with Police Inside the U.S. Capitol on Jan. 6 Pleads Guilty to Assault Oath Keepers Member Asks to Judge to Consider Moving Seditious Conspiracy Trial to Military Bases in Virginia Subpoenaed GOP lawmakers face risk of criminal contempt Pelosi on McCarthy subpoena: Jan. 6 committee will take it 'one step at a time' Enforcing unprecedented subpoenas for GOP lawmakers turns on complex legal precedent going back centuries Chiefs of staff and aides to House Jan. 6 committee warned to prepare for 'bombshells' ahead of public hearing, report says
(DBN)

Facing raft of Trump-inspired new voter limits, Democrats gird for legal battles
(DBN)

Why stakes are high in trial tied to Russia probe
(DBN)

Durham May Try to Grill Pulitzer Prize-Winning Ex-New York Times Journalist About 'Confidential News Sources' Other Than Michael Sussmann: Documents
(DBN)

Trial set to test special counsel probe, Trump's 2016 allegations
(DBN)

Trump Coup Lawyer John Eastman Loses Another Round In Court
(DBN)

Abortion rights backers rally in anger over post-Roe future Coast-to-coast rallies support abortion rights
(DBN)

There's Already a Revolution in Abortions Happening—and the Supreme Court Can't Touch It
(DBN)

How late in pregnancy each state allows abortions
(DBN)

Oklahoma governor warns tribes not to create abortion havens
(DBN)

Poll: Support For Abortion Rights at New High
(DBN)

10 dead in Buffalo supermarket attack police call hate crime Feds interview deadly supermarket shooting suspect's parents A Buffalo mother wondered why her daughter hadn't come home from the supermarket. Then she saw an online video of the mass shooting. Remembering the victims of the Buffalo mass shooting Several Victims, Including Heroic Security Guard, Identified in Allegedly Racist Mass Shooting at Buffalo Supermarket 'Hero' guard, shoppers among Buffalo shooting victims The Buffalo shooting suspect apparently posted a manifesto citing 'Great Replacement' theory Buffalo shooting latest example of targeted racial violence Payton Gendron Bought AR-15 Legally Motivated by Antisemitic Conspiracy Theories Buffalo suspect allegedly inspired by racist theory fueling global carnage Buffalo mayor: Shooting suspect came with "express purpose of taking Black lives" Terrified shoppers jumped in freezers Trump uses Buffalo mass shooting to make misleading boast about lack of US deaths in Afghanistan during his presidency, video shows Buffalo shooting fuels renewed calls for gun control, social media accountability Hochul Says Social Media Must Crack Down After Buffalo Killings 18-year-old Buffalo shooting suspect had the N-word painted on the barrel of gun used to kill 10 people, report says New York Gov. Kathy Hochul says deadly Buffalo shooting was "white supremacy terrorism" Buffalo mayor calls for gun control and policing internet hate speech after supermarket shooter 'drove here' to take 'Black lives' The Buffalo mass shooting gunman live-streamed the attack on Twitch 'I Obviously Have to Temper My Outrage': Prosecutor Releases Mugshot of Accused Buffalo Shooter, Reminds Public to Presume Him 'Innocent Until Proven Guilty' 'I Understand My Charges': Alleged White Supremacist Pleads Not Guilty on Same Day He's Accused of Murdering Ten People in Buffalo Grocery Store In Case of 'Racially Motivated Violent Extremism,' Shooter Traveled Several Hours and Donned Heavy Armor Before Killing Ten People in Buffalo Grocery Store: Authorities Supermarket shooter sought Black neighborhood, official says Suspect in Buffalo supermarket shooting previously investigated for violent threat Biden condemns Buffalo mass shooting, says 'we must work together to address the hate' 'This is not OK in America': Buffalo community mourns as vigils held for victims of racist mass shooting 'Copycat' mass shootings becoming deadlier, experts warn after New York attack Sought Revenge for Waukesha Parade Victims? Aaron Salter Jr., security guard killed in Buffalo shooting, hailed as a hero for confronting gunman Mass Shooters Are Targeting Grocery Stores More Often Biden calls hate 'stain on the soul of America' in aftermath of Buffalo shooting Payton Gendron wore hazmat suit to school, was hospitalized after threatening classmates Biden to travel to Buffalo 200 Mass Shooting in the US So Far This Year
(DBN)

Mass shooting leaves 17 injured in Milwaukee near NBA playoff game
(DBN)

Dallas salon owner believes shooting a hate crime: 'He didn't even demand money. He just came in to shoot people'
(DBN)

California churchgoers detained gunman in deadly attack Churchgoers 'hog-tied' the legs of the gunman with an extension cord and confiscated his guns during California church shooting
(DBN)

Transgender medication law in Alabama blocked by judge
(DBN)

Texas allowed to resume investigations of families with trans kids TX Supreme Court Does The Very Least It Could Possibly Do To Protect Trans Kids
(DBN)

Italy slowly erodes abortion access, riding US wave
(DBN)

Abortion in the Founding Father's Time
(DBN)

GOP Governor: No Abortion for Rape Victims
(DBN)

Lawsuit: Couple seeks more than $1M in death of unborn child after pregnant mother trampled at Astroworld Festival
(DBN)

'He Betrayed the Trust': Ex-Florida Cop Sentenced to Three Years Behind Bars for Sexually Exploiting Women While He Was 'On Duty' and in Uniform
(DBN)

Happy the elephant's quest for personhood heads to top state court; rice and lakes also file suit
(DBN)

Investigation reveals Arby's worker peeing in milkshakes, Washington cops say
(DBN)

Johnny Depp's $50M Trial Against Amber Heard About To Get Even More Down, Dirty & Explicit Johnny Depp's trial against Amber Heard could revive his career, a crisis PR expert said— but only if he plays villains The Depp v. Heard trial is just the beginning for live court cases turning into internet mass obsessions
(DBN)

Some U.S. inmates released under COVID protocols challenge orders to return to prison
(DBN)

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Judges:

Stock Ownership Disclosure Database for Judges Now Law
(DBN)

Clarence Thomas called the Supreme Court's Roe v. Wade leak an 'unthinkable breach of trust' Thomas Says Leak Eroded Supreme Court Trust, Damaged Institution
(DBN)

Alito sidesteps question about collegiality during remote appearance at law school
(DBN)

Primaries spotlight coming battles over state supreme courts
(DBN)

Why Anita Hill wants us to take the long view on the Supreme Court
(DBN)

Merrick Garland Asks Federal Marshals to Help Protect Supreme Court Justices as Governors Rail Against 'Threatening' Protests
(DBN)

The Supreme Court and the End of the Democratic Century
(DBN)

High Court, low standards and a crisis of confidence
(DBN)

Pelosi: Current Supreme Court 'dangerous' for families, freedom
(DBN)

______________

Wall Street:

Dow futures fall on Monday following 7 straight weeks of losses
(DBN)

Global shares seesaw as investors weigh up evidence of a slowing Chinese economy ahead of a data-heavy week
(DBN)

Your Guide to Why the Stock Market Has Turned Into a Horror Movie
(DBN)

New Goldman Sachs policy gives bosses unlimited days off
(DBN)

$11 Trillion and Counting: Global Stock Slump May Not Be Over
(DBN)

The Slow Crash on Wall Street Likely Isn't Over Yet
(DBN)

Morgan Stanley's Wilson Sees New S&P 500 Losses After Bear Rally
(DBN)

______________

Layoffs:

Don't be Carvana: How to do a mass layoff
(DBN)

______________

Fraud:

The Men Who Flipped on Bill Hwang Were Trusted Lieutenants
(DBN)

Bankruptcy filing stays civil suit against former Waco financial adviser accused of defrauding investors of $17 million
(DBN)

Todd and Julie Chrisley, stars of 'Chrisley Knows Best,' to stand trial for bank fraud, tax evasion
(DBN)

____________

Student Debt:

She's pushed for student loan forgiveness for a decade. Now it could happen
(DBN)

NY Times editorial board says 'canceling student debt across the board' is 'a bad idea' Student Debt Is Crushing. Canceling It for Everyone Is Still a Bad Idea.
(DBN)

____________

Education:

Why Did 6 Colleges Shut Down Over The Past 12 Months?
(DBN)

____________

Communications:

Pareteum to Use Voluntary Chapter 11 Process to Facilitate Efficient Sale Process and Position Business for Long-Term Success; Company to Maintain Operations as Usual
(DBN)

____________

Celebs:

Boris Becker 'could be out of jail by Christmas': Disgraced tennis legend believes he'll be deported to Germany in November - where 'more lenient laws would see him out on licence weeks later'
(DBN)

____________

Retailing:

Walmart Woos College Grads With $210,000 Future as Store Bosses
(DBN)

CVS Is the Retailer Americans Are Most Likely to Regret Buying From
(DBN)

____________

Solar:

US Deepens China Solar Tariff Probe With Scrutiny of 8 Firms
(DBN)

____________

Cannabis:

6 students at a California elementary school were taken to the hospital after eating cannabis-laced Cheetos: report
(DBN)

____________

Healthcare:

Experts perplexed over number of people getting long COVID
(DBN)

COVID May 13, 2022: New Cases and Hospitalizations Increasing
(DBN)

Burnt-Out Nurses Push Back as Staff Shortages Strain Hospitals
(DBN)

South Africa in new surge of COVID from versions of omicron
(DBN)

Booster shot slowdown leaves older Americans at risk
(DBN)

4 Air Force cadets may not graduate due to vaccine refusal
(DBN)

Detroit Three automakers reinstate mask mandate at some Michigan facilities
(DBN)

How Omicron Infection Turbo-Charges Vaccinated People's Immunity
(DBN)

This telehealth abortion clinic has seen a 300% surge in interest since the bombshell news that Roe v. Wade may be overturned
(DBN)

5 people facing charges for intentionally setting fire to former state psychiatric hospital in Northville: police
(DBN)

Fauci and Birx at odds over angry encounter with Pence
(DBN)

Fauci says he would not serve under Trump again
(DBN)

____________


Economy:

Goldman's Blankfein Says Companies Should Prepare for Recession Goldman Sachs Cuts US Growth Forecasts for 2022 and 2023
(DBN)

Q2 GDP Forecasts
(DBN)

Inflation isn't going away any time soon and the Fed may have to clamp down on it even harder. Here's what Wall Street experts including Bill Gross think
(DBN)

Biden team sees few options on inflation before November midterms
(DBN)

Farmers Sound Alarm on Coming Food Shortages
(DBN)

Firms wrestle with realities of new remote workplaces
(DBN)

Dollar's Strength Pushes World Economy Deeper Into Slowdown
(DBN)

CBO Sounds a Warning of American Fiscal Ruin
(WSJ)

The chief strategist at a $1.3 billion asset manager explains why 'zombie' companies could cause a wave of defaults and a rapid economic slowdown amid rising rates — and shares what investors could do as risk assets fall in tandem
(DBN)

UK sanctions Putin's rumored mistress McDonald's to Sell Its Russian Business, Try to Keep Workers McDonald's says it will sell Russia business after previously pausing operations due to Ukraine war Russian rouble hovers near 5-year highs vs euro, stocks up A Russian billionaire acted as a 'straw owner' to hide true owner of $1 billion worth of superyachts, including one linked to Vladimir Putin, a report says 'Straw Owner' Hides $1 Billion Worth of Russian Yachts, US Says Germany to Stop Russian Oil Imports Regardless of EU Sanctions Russian power exports to Finland fall to zero Europe's leaders fall out of sync on Ukraine EU ministers urge Hungary to sign up to planned Russian oil embargo Sanctioned Russian oligarchs may resort to payment systems like those used by terrorists, experts say The US Treasury unveiled a raft of new sanctions targeting Russian oligarchs, citing their role in the Ukraine invasion Putin's hockey pal and Russia's richest man Vladimir Potanin has been 'snapping up banks for cheap' amid an exodus of Western owners EU Drafts Plan for Buying Russian Gas Without Breaking Sanctions At a German Hideaway, Oligarch Villas Challenge a 'Silent Contract' 5 superyachts owned by Russian oligarchs have docked in Turkey, safe from Western sanctions The Russian bank, the Bruce Willis ad and the $900m sanctions battle Another Sberbank executive leaves the sanctioned Russian lender Protesters block Greek tanker with Russian cargo from entering UK port Finland's Atria sells fast food business in Russia to Cherkizovo Finland's Stora Enso completes exit from Russia
(DBN)

GOP's new midterm attack: Blaming Biden for formula shortage Why there is a baby formula crisis and what can be done about it America is running out of baby formula because 3 companies control the market and babies aren't that profitable Buttigieg points blame at Abbott for baby formula shortage
(DBN)

Texas Gov. Greg Abbott's Latest Proposal: Cut Off Baby Formula to Migrant Infants
(DBN)

Jeff Bezos says Manchin saved Biden administration 'from themselves' Bezos again blasts Biden administration on inflation, says it's most hurtful to the poor The White House fires back at Jeff Bezos, saying it 'doesn't require a huge leap' to understand why he opposed an economic agenda that taxes the super-rich
(DBN)

The American Dream is alive for immigrants
(DBN)

Summer vacation is going to be expensive
(DBN)

The 15 cities with the most expensive commutes, based on the cost of gas
(DBN)

Zebra CEO says freight costs have moderated, component shortages still a headwind
(DBN)

World's Food Problems Piling Up as India Restricts Wheat Exports
(DBN)

Federal agency accuses Wall Street employee of altering competing job offer to successfully obtain a $28,000 raise
(DBN)

Charting the Global Economy: Growth Prospects Continue to Dim
(DBN)

CEO Pay Rises to New High: $14.7 Million
(WSJ)

As Inflation Jolts Grocery Prices, Shoppers Turn to Bargain Hunting
(DBN)

This Is The City Where People Spend The Least Time Going To Work
(DBN)

U.S., Europe to improve food supply chains after India bans wheat exports
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage Rates Move Lower
(DBN)

This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious
(DBN)

$10M mansion 'one signature away' from sale before CA wildfire gutted it!
(DBN)

The American City Where The Most People Own Their Homes This Is the State Where the Most People Own Their Homes
(DBN)

White House releases plan to boost housing supply
(DBN)

What will Happen with House Prices?
(DBN)

Leading Index for Commercial Real Estate "Rises in April"
(DBN)

____________

Municipalities:

Could solar power solve Puerto Rico's energy nightmare?
(DBN)

____________

Oil/Gas:

Saudi Aramco net profit soars 82% in Q1 on high oil prices Saudi Arabia Posts $15 Billion Surplus on Soaring Oil Income
(DBN)

Oil Extends Gains as Investors Weigh Russian Ban, China Outlook
(DBN)

Surging natural gas prices squeeze U.S. industrial sector
(DBN)

Big Oil gets investor reprieve as energy worries trump climate concerns
(DBN)

If you think gas prices are bad, diesel is in its worst crisis since the 1970s and has even raised fears of localized rationing
(DBN)

IEA: Lower Demand Changes Everything For Oil Markets
(DBN)

New Zealand to Speed Electric Car Adoption to Cut Emissions
(DBN)

Jet fuel prices hiked by 5% to new record high in Delhi
(DBN)

Electric Cars' Turning Point May Be Happening as U.S. Sales Numbers Start Climb
(DBN)

____________

Fraud:

'Chrisley Knows Best' stars to stand trial in Atlanta
(DBN)

The staggering $163 billion in pandemic unemployment waste and fraud
(DBN)

____________

Religion:

US report details church-state collusion on Native schools
(DBN)

Mother, Uncle, and Pastor Grandfather All Charged in Three-Year-Old Girl's Fatal 'Exorcism': Authorities
(DBN)

____________

Crypto:

Coinbase's CEO assured investors this week there was no question of bankruptcy — but its junk bonds are now worth almost as little as Russia's Coinbase Junk Bonds Are Plummeting Due To Market Turmoil And Creditors Concerns
(DBN)

Crypto world stabilizes after rocky week shakes stablecoins
(DBN)

Bitcoin back below $30,000; European regulators renew crypto warnings
(DBN)

Hackers Stole His $165,000 in Crypto
(DBN)

Cryptocurrencies melt down in a 'perfect storm' of fear and panic
(DBN)

Plunge in crypto values boosts calls for regulations
(DBN)

The Crypto Market's Full Meltdown
(DBN)

Luna Tokens Now Nearly Worthless
(DBN)

'Doomsday for crypto' Cryptocurrency could be facing 'Lehman moment' as markets crash
(DBN)

A Crypto Emperor's Vision: No Pants, His Rules
(DBN)

____________

Maritime:

MV Werften's Assets Begin to Find New Owners
(DBN)

____________

Climate:

What It's Like to Live Through India's Nonstop Heat Wave India to Get Respite From Heat That Sent Mercury to 120 Degrees
(DBN)

The longest river in Italy is drying up
(DBN)

Drought could dry up LA's lawns
(DBN)

Every U.S. home has a wildfire threat score. Some areas see a 200% jump in risk
(DBN)

____________

Utilities:

Texans Slam Gov. Greg Abbott for Power Grid Failures After Earlier Boasts
(DBN)

____________

Hotels:

Occupancy Rate Down 6.1% Compared to Same Week in 2019
(DBN)

____________

Biotech:

From Redditors to creditors: Orphazyme's wild ride ends with $13M sale to satisfy bankruptcy court
(DBN)

____________

Politics:

Biden's Midterm Hopes Bedeviled by Signs of Economy in Distress
(DBN)

Why Biden is deploying Trump's MAGA brand against the GOP
(DBN)

Biden job approval hits another low in new survey
(DBN)

Biden starts conceding that the bygone era of D.C. may, indeed, be gone
(DBN)

Pence returns from the GOP dead
(DBN)

The 'Dark MAGA' movement dreams of a vengeful Trump destroying his enemies, and is using 'meme warfare' to amplify its threatening vision, say experts
(DBN)

Fetterman suffers stroke days ahead of Pennsylvania Senate primary
(DBN)

In early primaries, voters favor polling places over mail
(DBN)

'Reprehensible': Oz condemns GOP opponent's tweet on Islam
(DBN)

Kathy Barnette tweets targeted Muslims, LGBTQ people and Obama
(DBN)

Trump Backs Governor Candidate Republicans Fear Will Lose
(DBN)

McConnell takes on MAGA with Ukraine visit
(DBN)

Support for abortion rights hits new high as midterm outlook stays mostly unchanged
(DBN)

Some members of Congress are submitting comically illegible stock-trade disclosures — and nobody on Capitol Hill is doing anything about it
(DBN)

Wall Street spent hundreds of thousands backing anti-abortion lawmakers
(DBN)

'Hot mess' Madison Cawthorn faces judgment day in North Carolina 'He's Not OK': The Entirely Predictable Unraveling of Madison Cawthorn
(DBN)

Too Much Church in the State
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 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)

Contempt:

Fourth Circuit: "Fair Ground of Doubt" Standard Applies to Contempt Allegations in Chapter 11 Cases
(DBN)

____________

Mass Torts:

Sandy Hook lawsuits against Alex Jones on track to resume
(DBN)

In Sandy Hook and Alex Jones cases, parties close to agreement over bankruptcy issue
(DBN)

J&J's 'Texas two-step' talc bankruptcy case heads back to appeals court
(DBN)

____________

Liens:

Bankruptcy Court Holds Title Holder Consent Is Enough to Give Collateral Rights to Debtor to Grant Liens
(DBN)

____________

Mediation:

Nonlawyers Can Make Good Mediators
(DBN)

____________

Aviation:

A severe pilot shortage in the U.S. leaves airlines scrambling for solutions
(DBN)

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss
(DBN)

Ryanair Sees Return to Profit, Says Demand Still Prone to Shocks Ryanair cautious about 'fragile' recovery after smaller annual loss Ryanair CFO says ticket prices lower than earlier expectations
(DBN)

Europe drops mask mandate for flights and airports, easing Covid rules further
(DBN)

Norwegian Air posts first-quarter loss, flags fuel cost impact on recovery
(DBN)

Why Private Jet Ownership Has Soared
(DBN)

____________

Entertainment:

Netflix tells employees they can quit if they don't want to work on content they disagree with, according to new company culture guidelines Elon Musk praises Netflix for saying employees should quit
(DBN)

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Electronics:

Classic Japanese Audio Brand Onkyo Finally Files For Bankruptcy
(DBN)

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Personal Finance:

TikTokers are sharing all the reasons they love not having children: 'All my money is MY money'
(DBN)

____________

Tech:

Texas law banning censoring of social media users for viewpoints can take effect, 5th Circuit says The 5th Circuit Reinstates Texas's Obviously Unconstitutional Social Media Law Effective Immediately Tech groups ask Justice Alito to stay Texas social media law
(DBN)

As Musk buyout looms, Twitter searches for its soul
(DBN)

Elon Musk claims Twitter's ban on Donald Trump amplified Trump's voice among the right. That's not quite true.
(DBN)

Elon Musk Sows Doubt Over His $44 Billion Twitter Takeover Musk says $44 billion Twitter deal on hold over fake account data Twitter plunges 22% in pre-market trade after Musk tweets buyout deal temporarily on hold Elon Musk says Twitter's legal team told him he broke his NDA by revealing its sample size for fake accounts Elon Musk's method for identifying fake Twitter accounts is wrong, experts say Musk Trying to Get a Lower Price on Twitter
(DBN)

TikTok Sued in Federal Court After 10-Year-Old Girl Dies from Viral 'Blackout Challenge'
(DBN)

____________

Sovereigns:

Mired in crises, Lebanese vote for new parliament
(DBN)

Why Sri Lanka's new PM isn't the change the country needs Gunfire Welcomes Ex-President's Return to Power in Somalia Sri Lanka PM to address crisis-hit nation as fuel runs short Sri Lanka's worst economic crisis is only going to get more violent First Default on Foreign Debt Likely This Week Sri Lanka Stumbles Toward Its First Default on Foreign Debt
(DBN)

____________

UK:

Amigo creditors approve scheme to cap mis-selling compensation
(DBN)

Metals firm handed £586m Scottish Government support package facing court bankruptcy fight
(DBN)

Government to change Debt Relief order eligibility
(DBN)

Inflation Storm to Cost Average UK Household £2,400 This Year
(DBN)

Missing Billions Threaten to Break Britain's Energy Market
(DBN)

The Great London Property Exodus Is in Reverse as Tenants Return
(DBN)

London Cabbies Bask in 'Renaissance' of Riders in Race With Uber
(DBN)

UK PM urges end to Ireland deadlock, spars with EU Johnson Warns of 'Necessity' to Change Northern Ireland Protocol The UK is threatening to scrap parts of the Northern Ireland protocol — again Economists sound the alarm over UK's post-Brexit finance plans
(DBN)

____________

EU:

'Neutral' Europe recedes as NATO set to expand
(DBN)

EU Considers Gas Price Cap in Russian Supply Disruption Scenario
(DBN)

European dealmakers face shrinking debt options as recession risk looms
(DBN)

EU Cuts Euro-Area GDP Forecast, Sees 6.1% Inflation, Draft Shows
(DBN)

European Stocks Drop as China Slowdown Woes Fuel Growth Concerns
(DBN)

ECB Seen Raising Rates Above Zero This Year as Recession Avoided
(DBN)

____________

Canada:

Coming home: Cirque du Soleil returns to Montreal for the first time since the start of the pandemic Volume 90%
(DBN)

TSX futures down as dour China data fuels recession fears
(DBN)

____________

Russia:

UK: Russia has likely lost one-third of ground combat forces in Ukraine Russia is 'bankrupt,' unable to win and facing a 'dead end' in the war: Zelenskyy In Ukraine and internationally, scenario darkens for Russia Troops Deliberately Wounding Selves to Get Out of War A Russian soldier said his commander shot himself in the leg just so he could leave the war in Ukraine, officials say Putin losing confidence in Ukraine war, former Russian PM says Small wins buoy Ukraine; West says Russians losing momentum Russians withdraw from around Kharkiv, batter east Mechanics in Ukraine are repairing Russian tanks that were damaged and captured in battle so they can be used by Ukrainian forces Kharkiv is beginning to look like Ukraine's second major victory over Russia NATO assures Ukraine open-ended military support against Russia Ukraine counter-attacks Russian forces in the east
(DBN)

McConnell, GOP senators to visit Helsinki amid NATO talks McConnell, GOP senators meet Zelenskyy in surprise Kyiv stop McConnell Sees Swift Ukraine Aid Passage, Backs NATO Expansion McConnell Urges Biden to Name Russia Sponsor of Terrorism After Kyiv Visit
(DBN)

Putin coup is underway and 'impossible to stop,' says Ukraine's military intelligence chief
(DBN)

Austin urges "immediate ceasefire" in call with Russia's defense minister
(DBN)

Finland Announces It Wants to Join NATO U.S. could ratify Finnish NATO membership before August, Senate Republican leader says Finland to seek NATO entry in 'new era' amid Russia's war Putin warns Finland NATO membership would harm relations Suspended trains, empty roads, vacant malls: Silence blankets Finland's border with Russia NATO Prepares to Add Finland and Sweden to Its Northern Defenses Neutral Switzerland leans closer to NATO in response to Russia Sweden's ruling party announces support for NATO application Sweden's prime minister announces that for the first time in decades the country's ruling party supports joining NATO NATO is about to get bigger and Putin is unhappy: Here are 3 ways Moscow could react Russia calls Finland, Sweden joining NATO a mistake with 'far-reaching consequences'
(DBN)

Erdogan says Turkey does not support Finland and Sweden joining NATO Finland Counts on US Support to Win Over Turkey in NATO Bid NATO officials 'confident' on Swedish, Finnish membership bids despite Turkish reservations Turkey's Demands for Finland in NATO
(DBN)

G7 warn of Ukraine grain crisis, ask China not to aid Russia
(DBN)

Ukraine restarts gas distribution stations, supplies in Kharkiv
(DBN)

____________

Venezuela:

Venezuela plans stock sale in break from socialist model
(DBN)

____________

Singapore:

Security From An Insolvent Security Provider Can Be Challenged As An Undervalue Transaction
(DBN)

____________

China:

Chinese Dollar-Bond Defaults Mount as Another Large Developer Fails to Pay
(WSJ)

China Keeps Key Interest Rate Unchanged Despite Sharp Economic Slowdown
(DBN)

Sunac pays local bondholders after defaulting on dollar notes, showing that cash goes first to domestic creditors
(DBN)

China Cuts Mortgage Rate Floor for First-Time Homebuyers
(DBN)

China to Limit 'Excessive' Incentives for Bankers in Pay Curbs
(DBN)

Shanghai to Reopen Shops After Reporting No Community Cases Video Shows Students at Beijing College Protesting Covid Curbs More Than 180 Companies Say They've Been Hit by China Lockdowns Not a Single Car Was Sold in Shanghai Last Month China's Oil Refining Tumbles to Two-Year Low on Virus Lockdowns China's Coal and Gas Power Plummets as Covid Zero Hammers Demand Shanghai Sees Second Day of No Community Cases as Stores Reopen China's economic data disappoint in April as Covid controls weigh Shanghai targets June 1 return to normal as COVID lockdowns cool economy
(DBN)

____________

Germany:

Germany Girds for Day of Reckoning in Gas Showdown With Russia
(DBN)

____________

MENA:

The Election That Can Save Lebanon May Actually Worsen the Crisis Lebanon voters deal blow to Hezbollah allies in first election since economic meltdown
(DBN)

The Taliban Have Started Searching People's Homes In Afghanistan
(DBN)

____________

India:

Treatment of Contingent Claims Under IBC: Issues and Solutions
(DBN)

Early Bankruptcy Warning On MCA's Future Policy Agenda
(DBN)

____________

Singapore:

Zilingo Appoints Financial Adviser as Creditors Recall Loan
(DBN)

____________

Japan:

Japan April wholesale prices soar a record 10% as Ukraine war keeps energy costs high
(DBN)

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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.

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