May 5, 2022

The Daily Bankruptcy News

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Law:

Law firm leasing dips amid industry's revamped office plans
(DBN)

Is Your Firm Keeping Pace In A Remote-First World?
(DBN)

Appeals court voids firm fee imposed on departing lawyers who take clients with them
(DBN)

Who Are the Best Lawyers? There's Litigation About That
(DBN)

Pay Women Lawyers for All Their Work
(DBN)

First Amendment doesn't protect fired police officers who criticized department changes, 6th Circuit rules
(DBN)

Florida lawyer lied to hundreds of disabled trust clients, SEC says
(DBN)

So Uhh... About That Con Law Final Next Week...
(DBN)

Law Revue Video Contest 2022: Vote For The Finalists!
(DBN)

Law Firms Should Consider Mandatory Vacation Policies
(DBN)

Former Biglaw Attorney Jailed Over Jury Duty Behavior
(DBN)

How to Spot Dishonest Lawyers: They're Probably Playing a Game
(DBN)

Third Oath Keepers defendant pleads guilty to sedition in Capitol riot case • Donald Trump Jr. speaks with Jan. 6 committee
(DBN)

Trump Racks Up Contempt Of Court Fines As Appellate Court Puts Kibosh On Emergency Stay
(DBN)

'Still in shock.' Abortion defenders, foes stunned by leak • With abortion in jeopardy, minority women have most to lose • What a Roe v. Wade Repeal Would Mean for California • Cops clash with pro-abortion protesters in LA • LAPD, protesters clash downtown after rally against overturning of Roe vs. Wade • Large protests break out across the country after Supreme Court leak • Abortion rights in Europe vary widely — and are getting squeezed • The Supreme Court's Roe v. Wade vote doesn't mirror the view of most Americans • White House officials are scrambling — and failing — to find ways to help women access abortions if Roe v. Wade is overturned, report says
(DBN)

If A SCOTUS Clerk Leaked The Draft Abortion Opinion, What's At Stake Career-Wise?
(DBN)

Gay Marriage, Other Rights at Risk After U.S. Supreme Court Abortion Move • Legal experts fear loss of abortion right could usher in end of same-sex marriage, other rights
(DBN)

How one lawyer engineered the right's (likely) successful crusade against Roe v. Wade
(DBN)

FactCheck: "39 out of 42 (countries) in Europe have more restrictive abortion laws" than Mississippi
(DBN)

Explainer-Can pill prescriptions overcome U.S. state abortion bans? • Next battle over access to abortion will focus on pills
(DBN)

Gay marriage, other rights at risk after U.S. Supreme Court abortion move
(DBN)

Law Professor Responds To Supreme Court Leak With Racist Commentary. Gee, I Wonder Which Law School...
(DBN)

Officer 'willingly' participated in inmate escape • Alabama fugitive threatened to kill ex if he escaped, authorities say
(DBN)

California Man Accused of Unleashing Can of Bear Spray on Cops Loses Bid to Move Jan. 6 Case from D.C. to Wolverine State
(DBN)

Judge Accepts Rare Negotiated Sentence for Derek Chauvin on Federal Civil Rights Case Connected to George Floyd's Death
(DBN)

Man charged after daughter dies in hot car
(DBN)

Sex Offender Sentenced to Decades in Prison for Murdering Jogger Because He Was Mad He Couldn't 'Have Her'
(DBN)

Judge mocks New York Democrats' redistricting 'Hail Mary' case
(DBN)

US quietly expands asylum limits while preparing to end them
(DBN)

Texas Guard Discourages Saving Drowning Migrants
(DBN)

Johnny Depp, Amber Heard, and their $50 million defamation suit, explained • Battle of the Experts Ratchets Up in Johnny Depp Case as Dueling Psychologists Present Dramatically Different Views of Amber Heard • Amber Heard Details Escalation Of Alleged Physical Abuse By Johnny Depp In Testimony; "Worst Thing That Could Happen To Me Happened," Actress Says, As 'Pirates' Star Continues To Avoid Eye Contact In Court • Emotional Amber Heard testifies Johnny Depp slapped her when she laughed at tattoo • Tearful Amber Heard testifies ex-husband Johnny Depp turned violent
(DBN)

Dog lover sued own granddaughter after girl, 11, was 'eaten alive' by her bull mastiffs
(DBN)

______________

Judges:

Justices' views on abortion in their own words and votes • Joe Manchin says he's looking into whether Kavanaugh lied to him about Roe • Jayapal: Conservative justices 'lied under oath' about views on Roe
(DBN)

FactCheck: "There has never been a leak anything like this" draft of a Supreme Court opinion that would overturn Roe v. Wade. "There's never been a leak of a vote — much less an actual opinion, much less in a case of this significance."
(DBN)

What's next in the investigation of the Supreme Court leak?
(DBN)

Samuel Alito Cancels Appearance At Judicial Conference After Roe Draft Leaks
(DBN)

The Fact Free Logic os Samuel Alito
(DBN)

Fact-checking 5 claims in the leaked Supreme Court draft opinion on Roe v. Wade
(DBN)

Just Look Who Alito Cites In His Opinion Overturning Roe
(DBN)

Abortion draft puts unusual public pressure on Supreme Court
(DBN)

Taking Bets On Who Leaked The Supreme Court Opinion
(DBN)

Newsmax Host Knows Who Is the SCOTUS Leaker And It Is ... Judge Ketanji Brown Jackson • Newsmax Host Suggests Ketanji Brown Jackson, Who Isn't On Supreme Court Yet, Leaked Draft
(DBN)

Roberts investigation could make the Supreme Court very uncomfortable
(DBN)

So long 'stare decisis' – we hardly knew ye
(DBN)

Appeals court sides with judge who muted man during remote sentencing
(DBN)

______________

Wall Street:

 

At 78, Investor Preps for 'Biggest Bear Market in My Life'
(DBN)

Market Angst Is Off the Charts Even for the Day of a Fed Meeting
(DBN)

Beware the Banter: How Trading Floor Jokes Can Backfire
(DBN)

Wall Street bonuses will likely drop this year
(DBN)

______________

Layoffs:

Cameo, Celebrity Video Shout-Out App, Lays Off 25% of Its Employees
(DBN)

______________

Tech:

Elon Musk called out Apple's App Store fee, saying it's 'like having a 30% tax on the Internet'
(DBN)

Elon Musk's Twitter cash crunch
(DBN)

Biden Orders Quantum Computing Drive as China Challenge Grows
(DBN)

____________

Politics:

With deficit falling, Biden highlights fiscal responsibility • Biden talks up deficit reduction, as watchdog says it's 'highly misleading'
(DBN)

One voting group holds key to midterms after abortion leak: Suburban women • Poll: Half of voters support maintaining Roe v. Wade • With Roe Gone, the War Over Abortion Will Go Nuclear • Democrats raise $12 million after Supreme Court leak of draft abortion opinion • Perdue Vows to Make Georgia's Abortion Restrictions Even Harsher • Sudden abortion focus shakes midterm election landscape • Marjorie Taylor Green suggests Black Lives Matter 'army' will stop Supreme Court's abortion ruling • Fox News correspondent: Women in red states who need abortions can 'go live somewhere else' • The fight for the Senate has become a fight over abortion rights • Abortion fight puts spotlight on governors • Schumer blasts McConnell for not discussing Supreme Court draft opinion that would overturn Roe: 'They're like the dog that caught the bus' • Republican senators insist the Supreme Court's landmark same-sex marriage ruling was 'wrongly decided' but decline to 'wade into' it amid leaked abortion opinion • 'This has lit a fire': Prospect of losing abortion rights jolts Democrats, midterms
(DBN)

78% of Texas: Abortion OK in Some Form
(DBN)

Indiana GOP lawmakers hold off most hard-right challengers
(DBN)

Five takeaways from the Ohio primaries
(DBN)

Gaetz faces backlash for 'over-educated' women remark
(DBN)

Marjorie Taylor Greene has had Paul Gosar vote on her behalf multiple times even though she opposes proxy voting
(DBN)

2 top Republicans slam Biden for relying on student-loan relief to 'save Democrats from a disastrous midterm election'
(DBN)

: America Has Created A Tribal Culture On Abortion, Climate Change And Immigration, Harvard Professors Say
(DBN)

Colorado clerk accused of voting system breach hands over hard drives
(DBN)

Dr. Oz Voted in 2018 Turkish Election
(DBN)

Cawthorn's Newest Video: Naked with Man
(DBN)

More Kevin McCarthy Audio Released
(DBN)

____________


Economy:

Fed raises key rate by a half-point in bid to tame inflation • Fed launches fresh assault on inflation in new era for economy • Fed lifts interest rates by 1/2 point and begins wind down of $9 trillion bond stockpile in June • Fed raises interest rates by 0.50%, largest move since 2000 • How higher Fed rates stand to affect Americans' finances
(DBN)

The Fed is owning the inflation problem
(DBN)

Falling Jobless Rate Is Set to Complicate Fed's Inflation Fight
(DBN)

The Fed Doesn't Deserve All the Blame
(DBN)

Rising interest rates in US will hinder foreign economies
(DBN)

Wall Street worries that Fed will get it wrong
(DBN)

Yellen says she sees 'solid growth' in year ahead but also risks to outlook
(DBN)

'Buy now, pay later' is sending the TikTok generation spiraling into debt
(DBN)

Inflation pushing more borrowers with low FICO scores to default -study
(DBN)

Inflation pain: 19% of Americans say they're cutting back on their grocery spending
(DBN)

Biden says U.S. will pay down national debt for first time in 6 years
(DBN)

ADP: Private Employment Increased 247,000 in April • U.S. Companies Added 247,000 Jobs in April, ADP Data Show • Worker Shortages Restrain U.S. Private Payrolls, Services Sector In April
(DBN)

ADP sees 'signs of slowing' in labor market
(DBN)

U.S. Services Growth Eases on Softer Employment, New Orders • ISM® Services Index Decreased to 57.1% in April, Employment Contracted • U.S. service sector slows; input prices measure at record high - ISM survey
(DBN)

Jamie Dimon Says Federal Reserve Should Have Raised Rates Sooner
(DBN)

Small Firms See Business Conditions Fading in U.S. as Prices Soar
(DBN)

Stagflation ETF Launches as Fed Attempts to Tame Sky-High Prices
(DBN)

Companies count the cost of ditching Russia • Russian rouble hits highest level since March 2020; sanctions talk in focus • Disconnecting Russia's banks: Sberbank faces SWIFT removal • European arm of Russia's Sberbank to be wound down by year-end • Russia's Oil Output Is Plummeting, And It May Never Recover • Russia's largest shipping group forced to sell up to one-third of its ships to repay loans ahead of a Western sanctions deadline, report says • Sanctioned Russians Hand $4.2 Billion Fortune to Low-Key Partner • EU takes major step toward Russian oil ban, new sanctions • Oil jumps $4 a barrel as EU proposes ban on Russian oil • India is reportedly seeking a more than 35% discount on Russian oil as risk of doing business with world's most sanctioned country rises • Metals Billionaire Usmanov Files Appeal Over EU Russia Sanctions • Russia Barred From Using U.K. Consultants, Accountants, PR • EU Plans to Block Russians From Buying European Real Estate • Rouble leaps to over 2-year high vs dollar, euro as EU ups sanctions • EU's toughest Russia sanctions yet snag on worries over oil ban • The EU is going after Russia's global oil sales by cracking down on anyone from insurers to ship owners, report says • No, Biden can't just sell off seized Russian yachts and central bank assets to help aid Ukraine – international law and the US Constitution forbid it • Fiji says US can seize Russian superyacht but not right away • Can the west choke Putin's petrodollar pipeline? • Western sanctions forced Russia to draw down its valuable dollar reserves to pay its debts, US Treasury says • UK bans Russia from using British services and takes aim at Kremlin troll factory, in swathe of new sanctions • Biden to talk with G7 leaders this week about further sanctions on Russia
(DBN)

U.S. Trade Deficit Swells to Record as Goods Imports Surge • Trade Deficit increased to $109.8 Billion in March
(DBN)

Levi Strauss Sees Access to Abortion as 'A Critical Business Issue' • Levi Strauss to reimburse abortion travel for employees
(DBN)

Employer-Covered Abortion Travel Draws 'Unprecedented Interest'
(DBN)

Rubio introduces bill prohibiting employers from receiving tax breaks for expenses related to abortions
(DBN)

Number of company sustainability officers triples in 2021 - study
(DBN)

Five largest shipping companies see profits increase by over $40B in 2021
(DBN)

Ukraine, Russia production critical to restoring global food security, UN chief says
(DBN)

U.S. summer travelers can expect long lines, higher prices as COVID restrictions ease
(DBN)

Companies confront a new climate challenge: home offices • Factbox-How companies account for remote work in their carbon footprints
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Record-Low Share of Americans Say It's a Good Time to Buy a Home
(DBN)

A housing crash is unlikely, but a correction could be around the corner. Here's the difference.
(DBN)

Denver Real Estate in April: Active Inventory up Sharply
(DBN)

____________

Municipalities:

Taxpayers Sue DeSantis to Block Repeal of Reedy Creek that Would Stick Counties With $1 Billion Bond Debt; More Lawsuits Expected Soon
(DBN)

____________

Oil/Gas:

Diesel Prices Hit Another All Time Record
(DBN)

OPEC+ set to stick to existing deal despite demand concerns • OPEC+ set to stick to modest oil output rises amid price rally
(DBN)

Explainer: Why NOPEC, the U.S. Bill to Crush the OPEC Cartel, Matters
(DBN)

Russian war, China lockdowns roil oil markets as OPEC+ meets
(DBN)

Oil Services Industry Entering New Boom Time Thanks To Tight Market
(DBN)

____________

Utilities:

Soaring Texas Temperatures Are Set to Boost Energy Demand
(DBN)

____________

Autos:

Stellantis revenues jump 12% despite chip crunch
(DBN)

____________

Education:

'It Was a Very Heavy Lift': Morris Brown President Responds to Overcoming Millions In Bankruptcy, Damaged Reputation Amid Restoring Its Accreditation • Morris Brown College's engagement, enrollment expected to soar after regaining accreditation
(DBN)

'The Hate Is Just Too Much': Threatened by Neighbors and Trolled on Social Media, Minnesota School Board Members Are Quitting in Record Numbers
(DBN)

____________

Debt Collection:

Feds fine Bank of America $10 million for illegally garnishing bank accounts
(DBN)

____________

Climate:

How the oil and gas industry is trying to hold US public schools hostage
(DBN)

'Very dangerous fire weather' as New Mexico braces for more wildfire conditions • President declares disaster in New Mexico wildfire zone
(DBN)

With water running out, California faces grim summer of dangerous heat, extreme drought • California Really Concerned About Drought
(DBN)

20% of All Reptiles Threatened with Extinction
(DBN)

____________

Movies:

Movies love a comeback story. This summer, it's their turn.
(DBN)

____________

Healthcare:

WHO: COVID declines, except in Americas, Africa
(DBN)

Covid's toll in the U.S. reaches a once unfathomable number: 1 million deaths
(DBN)

COVID cases jump in Northeast, Pacific Northwest
(DBN)

FactCheck: "There are 63 million abortions a year in this country."
(DBN)

Journalists from multiple news outlets test positive after White House Correspondents Dinner weekend
(DBN)

Parents still reluctant to vaccinate kids: Poll
(DBN)

Almost Half of LGBTQ Youth Contemplated Suicide Last Year
(DBN)

Abortions were already getting more expensive. Now, with the Supreme Court poised to weigh in, they're likely to get even pricier
(DBN)

The dire health consequences of denying abortions, explained
(DBN)

The Mississippi clinic at the center of the Supreme Court case is still open.
(DBN)

'They're still coming': More cases of unusual liver damage reported in kids in the U.S.
(DBN)

____________

 
New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (1 new filing 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:

Total April Bankruptcy Filings Decrease 21 Percent Over the Same Period Last Year
(DBN)

______________

Mass Torts:

Judge Denies Claimants' Bid to Disrupt J&J Talc-Unit Bankruptcy
(DBN)

J&J subsidiary will separately mediate states' talc claims in bankruptcy, judge says
(DBN)

McKinsey's 'Ghoulish' Opioid Sales Advice Holds Legal Ground
(DBN)

____________

Bankruptcy Crimes:

Alaska Dentist and Wife Indicted for Tax Evasion, Bankruptcy Fraud, Wire Fraud and Money Laundering
(DBN)

____________

Aviation:

Florida Flights Face Worst Delays in Years Thanks to Private Jets and Space Launches
(DBN)

Ryanair load factor tops 90% for first time since COVID-19 began
(DBN)

Wizz Air loses court challenge against TAROM rescue aid
(DBN)

Lufthansa says fuel costs offset post-COVID travel boom in Q1
(DBN)

____________

Student Debt:

Are Private Student Loans Dischargeable in Bankruptcy Court? An In-Depth Examination of Each Sub-Section of Section 523 (a)(8) of the Bankruptcy Code—Part I • Part II • Part III
(DBN)

Biden must cancel federal student debt 'for each and every borrower,' 8 state attorneys general say: 'Now is not the time for half measures'
(DBN)

____________

Celebs:

Boris Becker: A Lesson Under the Insolvency Act 1986
(DBN)

Boris Becker's estranged wife Lilly 'broke down' after bankruptcy sentencing
(DBN)

Boris Becker could be booted out of UK after serving prison sentence
(DBN)

Quadruple fault: Boris Becker sent to prison after being convicted of four bankruptcy offences in the UK
(DBN)

____________

Ride Hailing:

Lyft Craters, Dragging Down Uber as Driver Supply Stirs Profit Concern
(DBN)

N.Y. Credit Union Sues NCUA Over Taxi Medallion Loan Participation Dispute
(DBN)

Uber lost almost $6 billion in the first quarter as shares of Asian ride-hailing giants Didi and Grab tanked
(DBN)

____________

Cannabis:

Even Indirect Income from Cannabis Can Get You Banned From Bankruptcy
(DBN)

____________

Sovereigns:

What's the latest in Russia's dance with default?
(DBN)

Sri Lanka foreign reserves at record low, politics in crisis
(DBN)

____________

UK:

U.K. Mortgage Rates Jump in Warning Sign for Housing Market
(DBN)

Bank of England set for 4th straight rate hike to fight inflation
(DBN)

U.K. Companies' Borrowing Costs Surge Past Covid-19 Pandemic Peak
(DBN)

House-hunting Katie Price faces battle to pay off debts before she can flog her mucky mansion
(DBN)

____________

EU:

EU Can't Rely on OPEC for Help Quitting Russian Oil • Germany Says Ready to Halt Russian Oil After EU Agrees Embargo • Germany, Netherlands Push North Sea Drilling to Shun Russia • Europe Confronts Difficult Path in Making a Russian Oil Ban Work • Russian Oil Embargo Risks More Inflation Trouble for Europe • Explainer-What would be the impact of Russian oil sanctions in Europe? • Europe Scrambles for Energy Before Cutting Itself Off From Russia • A Russian politician claims that EU nations will use third countries to continue buying Russian oil after any embargo • Former policy chiefs warn EU over hunt for non-Russian fossil fuels • How the EU ban on Russian oil could benefit Russia • Europeans weigh costs of cutting Russian energy over Ukraine
(DBN)

Moscow stopped sending gas to Poland, but Italy and France are plugging the gap with rerouted Russian supplies, says Gazprom
(DBN)

Consumer boom nearly over as Central Europe heads into "decade of peril"
(DBN)

Barely visible wage growth already a trigger for ECB
(DBN)

Euro's post Fed glow fades on bleak German industrial orders
(DBN)

____________

Canada:

Potential buyers preparing final bids for St. Lawrence mine, says insolvency monitor
(DBN)

Americans can get abortions in Canada if Roe is overturned, official says
(DBN)

____________

Russia:

Bankruptcy moratorium introduced with effect until 1 October 2022
(DBN)

Russia pounds Ukraine, targeting supply of Western arms • Ukraine: Russia using 'missile terrorism' in wide attacks • Russia says it fires cruise missiles from submarine, warns again on NATO arms shipments • AP evidence points to 600 dead in Mariupol theater airstrike • Russia storms Mariupol plant as some evacuees reach safety • Contact lost with Ukrainian troops amid "heavy fighting" at Mariupol steel plant, mayor says • Russia hits Lviv again as Putin's campaign of terror focuses on Ukraine's shell-shocked east • 5.6 million people have fled Ukraine since invasion's start: UN refugee agency • Funerals and wine bars: Kyiv's return to normalcy isn't normal at all • 'They Deceived Us at Every Step': Troops Say Russia's War Is in Shambles • Belarus begins snap combat readiness drills • As tensions rise in Moldova, separatists denounce Kyiv, EU • Russia 'highly likely' to move to consolidate control of northeastern Donbas: UK • Germany Considers Shipping Rapid-Fire Howitzers to Ukraine • Russia's War Has Been Brutal, but Putin Has Shown Some Restraint. Why? • Ukraine repels Russian attacks; Mariupol plant battle rages • Ukraine races to evacuate Mariupol steel plant's remaining civilians • Easy out from steel mill seen as unlikely for Ukraine troops • US gave Ukraine intelligence that helped it kill several top Russian generals, report says • Putin Just Did a Dry Run of Nuclear-Capable Missile Strikes Near E.U.
(DBN)

On Russia, is US policy edging from defense to offense?
(DBN)

Lula Says Zelensky, Biden Share Blame for Putin's War on Ukraine
(DBN)

Pope's Ukraine diplomacy a political and spiritual tightrope • Pope Francis says he warned the head of the Russian church not to become 'Putin's altar boy' • EU targets Russian Patriarch Kirill in new round of proposed sanctions - diplomat
(DBN)

Russia's bizarre allegation Israel supports neo-Nazis in Ukraine risks alienating a US ally that's remained relatively neutral so far
(DBN)

What you need to know about Finland and Sweden's path to NATO membership
(DBN)

____________

China:

Beijing closes dozens of subway stations as Covid controls tighten • Beijing shuts 10% of subway stations to stem COVID-19 spread
(DBN)

China's Biggest Covid Failure Is Not Deploying an mRNA Vaccine
(DBN)

China's Labor Day Tourist Spending Plummets on Covid Curbs
(DBN)

Hong Kong reopens beaches, Beijing relaxes quarantine rules
(DBN)

____________

Germany:

German Coalition Split on Taxing Energy Firms' Windfall Profits
(DBN)

____________

India:

India Considers Restricting Wheat Exports as Heat Destroys Crops
(DBN)

Girl, 13, raped by police when she went to report rape
(DBN)

____________

South Korea:

Creditors of Edison EV file for company's bankruptcy amid failed SsangYong acquisition
(DBN)

____________

Germany:

German industrial orders fall as Ukraine war dampens demand
(DBN)

___________


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