September 16, 2022

The Daily Bankruptcy News

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Law:

With Bonus Season Around The Corner, More Associates Are Sticking Around At Their Firms
(DBN)

Big Law's Nightmare: Ethics Issues Scare Away New Recruits
(DBN)

Lawyer who exclaimed 'gadzooks' at trial delayed but didn't disrupt justice, ethics hearing board says
(DBN)

The Bankruptcy Law Star And Why She Loves What She Does
(DBN)

California Selling, Opining, And Bragging
(DBN)

Baker McKenzie vows to rebuild in UAE after splitting from anti-gay partner
(DBN)

Owed $15 Million, Michael Avenatti's Former Law Partner Stakes a Claim in His Seized Jet
(DBN)

Barrister sentenced to four years for rape
(DBN)

Law firm CEO risks royalist wrath with 'business as usual' response to Queen's death
(DBN)

Jan. 6 rioter who wore 'Camp Auschwitz' sweatshirt to be sentenced 'You're gonna die tonight': Trump fan admits dragging cop down Capitol steps Jan. 6 committee seeks new trove of John Eastman emails Jan. 6 Committee Asks Judge to Review One More Batch of John Eastman's Chapman University Emails 'He Posted His Beliefs on His Sweatshirt': Man Who Stormed U.S. Capitol in 'Camp Auschwitz' Hoodie and SS T-Shirt Gets Jail Time
(DBN)

Donald Trump Confesses To Crimes, Predicts Riots In The Streets If He's Indicted. This Is Fine.
(DBN)

Mark Meadows complied with DOJ subpoena in January 6 probe Mark Meadows Complying With DoJ Jan. 6 Subpoena 'Not Good for Trump'—Lawyer
(DBN)

'Every day feels like something else is piling on': Trump world bears down
(DBN)

Federal judge appoints special master to review documents seized at Mar-a-Lago Judge Says Special Master Must Review Mar-a-Lago Documents to Prove 'Important and Disputed' Questions of Whether They're Really Classified or Privileged What to know about Judge Raymond Dearie, the Mar-a-Lago search special master Judge in Trump Case Denies DOJ Bid to Use 100 Classified Records Who Is Senior U.S. District Judge Raymond Dearie, the New Special Master in the DOJ's Mar-a-Lago Search? Judge Cannon: The Law is What I Say It Is
(DBN)

Trump says he 'can't imagine' being indicted, argues it wouldn't deter running again
(DBN)

How an old-school Georgia D.A. could prosecute Trump like a crime boss Georgia 2020 election inquiry may lead to prison sentences, prosecutor says
(DBN)

DOJ search of Jeffrey's Clark home tied to obstruction and conspiracy probe, filing says Jeffrey Clark Is Learning Life Comes At You Fast
(DBN)

MyPillow CEO Mike Lindell Has Teamed Up With a White Nationalist
(DBN)

Ex-FBI Agent Who Probed Trump's Russia Ties Is Under Investigation for Russia Ties
(DBN)

US is becoming a 'developing country' on global rankings that measure democracy, inequality
(DBN)

Kim Kardashian Plans To Expand Her Dating Pool To Lawyers
(DBN)

House members roll out bipartisan election bill aimed at preventing future coups
(DBN)

Reality Winner, imprisoned for leaking classified report, calls case against Trump 'incredibly ironic'
(DBN)

Justice Department seeks to entice companies to be better corporate citizens.
(DBN)

Critics say GOP is "using children as political pawns" after migrants unexpectedly flown to Martha's Vineyard Whoopi Goldberg slams 'bonehead' Ron DeSantis for sending migrants to Martha's Vineyard DeSantis' Immigrants Say They Were Misled DeSantis Sending Migrants to Martha's Vineyard Might Have Been Illegal Under Florida Law Ron DeSantis Sent Planes Full of Confused Migrant Families to Martha's Vineyard Texas Dumps Migrants in Front of Kamala Harris' D.C. Home Council leaders back Mayor Adams' push to put migrants to work in NYC DC mayor declares public emergency over migrant arrivals from Arizona and Texas Pritzker says Texas dropping migrants in Chicago in 'dead of night' Gavin Newsom asks DOJ to consider 'kidnapping' charges after GOP governors ship migrants out of state Friction between White House and senior Homeland Security officials mounts as migrant numbers soar Abbott Quietly Reduces Troop Numbers on Border Migrants on Martha's Vineyard flight say they were told they were going to Boston
(DBN)

Pastor-led group seeks missing migrants in border desert
(DBN)

Republican candidate tests a novel strategy on abortion in Nevada House race Poll: Americans say politicians aren't 'informed enough' to set abortion policy Calif. governor rents billboards in red states to tout abortion access
(DBN)

Montana judge blocks anti-trans birth certificate rule
(DBN)

DNA leads to an arrest eight years after couple and 2 sons killed inside their Texas home
(DBN)

A former Boston banker was charged with raping 2 women and 2 girls at knifepoint nearly 2 decades ago
(DBN)

He Called 911 Because His Car Was Stuck. The Cops Killed Him.
(DBN)

Chick-fil-A employee stops carjacking in Florida, authorities say
(DBN)

Armed PA man in wig trying to 'restore Trump as President' arrested at Dairy Queen
(DBN)

Presumed Murderer Dies by Suicide Days After Being Tied to Cold Case Death and Sexual Assault of California Restaurant Owner
(DBN)

Man Wiped Out Boss' Family After Getting Rejected for a Job Promotion, Cops Say
(DBN)

Mom Faces Charges After Second Baby Dies While 'Co-Sleeping'
(DBN)

Judge Says Uber Can't Be Liable For 'Heinous Crime' Committed by Ex-Driver Who Kidnapped and Assaulted Woman
(DBN)

California Man Pleads Guilty to Threatening Dictionary Publisher over Gender Identity Entries for 'Female' and 'Girl'
(DBN)

Fundraiser for Iowa teen who killed her alleged rapist doubles the amount she was ordered to pay his family
(DBN)

FBI Arrests Ex-KC Police Detective
(DBN)

Sleeping in driver's seat doesn't support charge of driving while suspended, top state court rules
(DBN)

Customs officials have copied Americans' phone data at massive scale CBP sparks privacy fears after it's revealed that 2,700 of its officers have warrantless access to travelers' confiscated phones
(DBN)

______________

Judges:

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

Fraudulent Document Cited in Supreme Court Bid to Torch Election Law
(DBN)

Parkland Shooter's Lawyer Gets Into Shouting Match With Judge After Unexpectedly Resting Case
(DBN)

Criminal Complaint Lodged Against Judge After Litigant Rushed To Hospital
(DBN)

The Supreme Court hands the religious right an unexpected loss. Don't expect it to last.
(DBN)

______________

Wall Street:

Dow futures tumble 200 points and head for big losing week as FedEx shares drop 19%
(DBN)

BofA Sees New Lows for US Stocks as Inflation Shock 'Ain't Over'
(DBN)

______________

Layoffs:

Major grocery store unveils new 'Fast Scan' technology that scans whole basket at one time
(DBN)

Spat Out by Crypto, Tech Staff Find They Are in High Demand
(DBN)

______________

Politics:

Biden's approval rating rebounds ahead of midterms Biden approval rises sharply ahead of midterms: AP-NORC poll Biden approval rating jumps from 36 to 45 percent in AP-NORC poll
(DBN)

New poll shows O'Rourke within 5 points of Abbott in Texas governor race
(DBN)

Schumer warns Democrats they will lose House majority: report
(DBN)

Blake Masters Wants to Fire All Generals and Replace Them With Conservatives
(DBN)

Trump scoops from Peter Baker and Susan Glasser's new book
(DBN)

Trump chief of staff used book on president's mental health as guide
(DBN)

Melania Trump told her husband Covid was 'going to be really bad' and he was 'blowing' the US's response, book says
(DBN)

McCarthy on leaked Trump remarks audio: 'I know who recorded me'
(DBN)

Senate won't vote on same-sex marriage bill until after election Why the Senate's same-sex marriage vote is getting delayed
(DBN)

Mike Pence says the Supreme Court's decision overturning Roe v. Wade doesn't necessarily threaten rights to same-sex marriage and birth control
(DBN)

More than 200,000 transgender Americans face barriers to voting in midterm elections
(DBN)

A Proud Boy and Michael Flynn Were Elected to a Republican Executive Committee in Florida
(DBN)

Alabama sidesteps compensation for survivor of '63 KKK blast
(DBN)

Polls show inflation tops Latinos' minds and abortion concerns have spiked
(DBN)

Doctored videos exaggerate Fetterman speech issues in viral social media posts
(DBN)

Man who killed his wife went down a 'rabbit hole' of conspiracies after Trump's 2020 loss, daughter says
(DBN)

Pensions Push Back at 'Ridiculous' DeSantis-Led Attacks on ESG
(DBN)

____________


Economy:

Fewer Americans file for jobless benefits again last week Weekly Initial Unemployment Claims decrease to 213,000
(DBN)

How central banks are risking a global recession
(DBN)

Fed Seen Raising to 4% in 2022 And Signaling Higher for Longer
(DBN)

As prices climb, Americans cut spending and dip into savings to make ends meet
(DBN)

'Black Swan' author Nassim Taleb says years of zero interest rates destroyed the economic structure and created 'tumors like bitcoin'
(DBN)

FedEx Issues Ominous Warning on Economy FedEx CEO says he expects the economy to enter a 'worldwide recession' Brace for More Profit Warnings as FedEx Flags Slowing Economy
(DBN)

Industrial Production Decreased 0.2 Percent in August
(DBN)

Retail Sales Increase 0.3% in August Retail sales rebound, but they aren't adding much oomph to the U.S. economy
(DBN)

U.S. business inventories increase 0.6% in July - but sales decline
(DBN)

Federal Tax Collections Set Record Through August
(DBN)

A part of the Treasury yield curve has just seen its steepest inversion since 2000 as bond markets flash recession warnings
(DBN)

US Yield Curve Set to Invert by Most in 40 Years, Allspring Says
(DBN)

One-year Treasury yield is flirting with 'magic' 4% level as Fed tightens 'on all cylinders'
(DBN)

The next financial crisis may already be brewing — but not where investors might expect
(DBN)

The Fed is 'attacking the economy with a sledge hammer' and more interest rate hikes will cause a recession and housing crash, billionaire investor Barry Sternlicht says
(DBN)

How inflation has eaten into Americans' average weekly pay in the past year
(DBN)

"A big win for America": Biden announces tentative deal to avert national rail strike 'This is a great deal for both sides': Biden hails tentative pact to avoid railway strike hours before deadline 28 Freight Rail Workers Tell Us What They Want You to Know About Their Lives Rail workers win key concessions in deal to prevent strike Five things to know about the railroad deal Amtrak restoring canceled trains after tentative agreement reached Commuters dodge headaches as freight-rail strike averted Rail Strike Averted but Crisis Far From Over
(DBN)

The number of people working remotely tripled during COVID US moved online, worked more from home as pandemic raged
(DBN)

Some WFH Employees Have a Secret: They Now Live in Another Country
(DBN)

Casino company Hard Rock to spend $100 million to raise employee wages
(DBN)

Expensive oil boosts Russian energy giant Rosneft's profit 13% to $7 billion in the first half of the year despite war-time sanctions Russia says natural gas exports to Europe will plunge about 66% while Gazprom's output grows on strong Chinese demand EU leader says the bloc was wrong not to listen to countries who warned about Putin for years Germany Takes Control of Russian Refinery Germany's Rosneft Seizure Kicks Off Test of Oil Infrastructure Two-Man London Firm Scoops Up Russia Work Dumped by Big Banks Europe's Largest Building From Ceausescu Era to Cut Energy Costs Netherlands Buys Up Diesel Before Winter, Sanctions on Russia
(DBN)

McConnell, Rick Scott on collision course over spending deal
(DBN)

Help Wanted: No Over-50s Need Apply
(DBN)

This is what the Social Security crisis looks like
(DBN)

Scientists: Entire World's Food Chain Has Started Collapsing
(DBN)

Social Security COLA increase may not be as big as expected
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Q2 Update: Delinquencies, Foreclosures and REO
(DBN)

Is the housing market really crashing? Redfin's chief economist shares her predictions
(DBN)

Mortgage rates jump above 6 percent for the first time since 2008.
(DBN)

'Home price declines will likely continue' as mortgage rates exceed 6%: Freddie Mac
(DBN)

Housing prices near NYC, Chicago most vulnerable to downturn: analysis
(DBN)

Will Someone Pay $250 Million to Live Atop the World's Tallest Condo Tower? The Developer Thinks So.
(WSJ)

____________

Municipalities:

New York – the wealthiest city on earth
(DBN)

Tucson has 5.5 years of excess Colorado River water stowed in a secret reservoir
(DBN)

Most Unfaithful Cities in America
(DBN)

____________

Oil/Gas:

Oil's crazy price moves aren't really crazy at all
(DBN)

Calif. to Phase Out Diesel Powered Big Rigs
(DBN)

Chevy EV Has 300 Mile Range for $30,000
(DBN)

____________

Education:

Facing Budget Shortfalls, These Schools Are Turning to the Sun
(DBN)

Dissenting Justice Alito Says New York Forced Yeshiva University to Submit to State's 'Preferred Interpretation of Holy Scripture' in LGBTQ Club Case
(DBN)

____________

Utilities:

Texas Tops Nation with Most Weather Related Electric Outages
(DBN)

____________

Corporate Governance:

Asian American women fall off by 80% at corporate leadership levels, a new report says
(DBN)

Most Fortune 1,000 Company Boards Have No Asian Directors
(DBN)

____________

Consumer Finance:

U.S. consumer watchdog plans to regulate 'buy-now, pay-later' companies
(DBN)

As 'buy now, pay later' plans grow, so do delinquencies
(DBN)

____________

Climate:

Some 90% of world's biggest companies will be exposed to a degree of climate-change risk, fresh data shows
(DBN)

Adults around the world think climate change impacts will be severe: poll
(DBN)

Death toll in Pakistan flooding nears 1,500
(DBN)

The West's water crisis is worse than you think
(DBN)

GOP Plans Legal Assault on Climate Disclosures
(DBN)

____________

Student Debt:

Elizabeth Warren slams Rick Scott's 'shameless attempt' to pass a bill that would block Biden's student-loan forgiveness
(DBN)

____________

Labor:

How inflation is fueling a nationwide labor movement
(DBN)

Starbucks union organizer Jaz Brisack resigns, saying she was forced her out
(DBN)

Latinos rise up amid resurgence of unions
(DBN)

____________

Pharma:

'Gaming' of U.S. patent system is keeping drug prices sky high, report says
(DBN)

____________

Autos:

Can German Carmakers Survive the EV Era?
(DBN)

____________

Healthcare:

Uninsured sexual assault survivors billed thousands for care, study shows
(DBN)

Why Infectious Disease Outbreaks Are Becoming So Common
(DBN)

COVID still a threat due to low vaccination, says Africa CDC
(DBN)

Lancet Report Claiming COVID Could Have Come From U.S. Lab Met With Uproar
(DBN)

6 charts that show how money and influence shaped the world's Covid plan
(DBN)

Nation warned to brace for a difficult flu season
(DBN)

____________

 


New Bankruptcy Opinions
(6 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 (4 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)

Solvent Debtors:

Divided Ninth Circuit Rules That Unimpaired Unsecured Creditors of a Solvent Debtor May Be Entitled to Post-Petition Interest at Contract or State Default Rates
(DBN)

____________

Bankruptcy Alternatives:

One Thing Wrong With ABC Laws: § 543(d)(2) Of The Bankruptcy Code (Global Safety Labs)
(DBN)

____________

Avoidance Actions:

Understanding Overextending Insolvency And Sinking Insolvency: The UVTA's Two Strangest Tests
(DBN)

____________

Aviation:

Southwest stock dragged down by worse business-travel prospects
(DBN)

AAR Corp.: Financial Turnaround Is Coming
(DBN)

Air Canada Orders 30 Electric Planes
(DBN)

Distressed Garuda May Remove First Class Seats in Domestic Bet
(DBN)

____________

Museums:

Museums work to lure back visitors despite pricey tickets and high inflation
(DBN)

____________

Fraud:

'Santa came today': Brett Favre texts show his role in Mississippi welfare scandal Newly-Released Text Messages Suggest the Brett Favre Welfare Fraud Scandal Goes Much Higher than Previously Imagined Brett Favre: America's Real Welfare Queen
(DBN)

'Varsity Blues' Judge Issues Key Ruling in Case of Former USC Water Polo Coach, with Possible Ripple Effects for High-Profile Appeal
(DBN)

____________

Retailing:

Retail sales up 0.3% in Aug. from July amid inflation U.S. retail sales unexpectedly rise, but inflation hampering spending
(DBN)

____________

Food/Beverage:

Happy Joe's Parent Files Bankruptcy CEO: Happy Joe's company bankruptcy has no bearing on franchises
(DBN)

____________

Mass Torts:

NOLA bankruptcy judge says accused clerics can't be paid. Is order 'credible?'
(DBN)

Corporate representative for Alex Jones' company makes admission on the stand
(DBN)

New evidence shows Alex Jones' InfoWars sales volume exploded during Sandy Hook false 'hoax' programming
(DBN)

Alex Jones' Connecticut trial is the latest, but not the last, of the legal fallout from his Sandy Hook hoax claims
(DBN)

Alex Jones' defamation trials show the limits of deplatforming for a select few
(DBN)

Kyrie Irving Shares Unhinged Alex Jones Clip About Secret Societies and Engineered Plagues
(DBN)

3M's Failed Legal Move Leaves Firm Back With Judge It Criticized
(DBN)

____________

Crypto:

Celsius Files For Permission To Sell Its Stablecoin Holdings
(DBN)

Celsius CEO Alex Mashinsky Launches 'Audacious' Revival Plan for Bankrupt Crypto Firm: Report
(DBN)

Bankrupt Celsius Under More Scrutiny as Court Appoints Independent Examiner
(DBN)

Crypto Lender Voyager's Bankruptcy Auction Begins
(DBN)

Crypto Downturn Will Bring Legal, Regulatory Clarity
(DBN)

Biden White House just put out a framework on regulating crypto — here's what's in it
(DBN)

____________

Tech:

Newsom signs controversial social media bill into California law
(DBN)

'Significantly lower than expected' iPhone 14 Plus preorders suggest Apple's strategy of ditching the 'mini' for a larger version of the new phone is a failure, says renowned Apple analyst
(DBN)

____________

UK:

York High School 'bankrupt in a year' if energy crisis continues
(DBN)

Trussonomics? What to watch as the new UK prime minister battles multiple crises
(DBN)

UK Retail Sales Post Biggest Drop This Year as Squeeze Tightens
(DBN)

4-mile line stretches across London as people wait to pay respects to queen
(DBN)

Barrister quizzed by police for protesting Charles III with blank sign
(DBN)

King Charles Is a Passionate Supporter of Fake Science
(DBN)

King Charles's former butler says it's 'not a shock' staff could lose their jobs
(DBN)

Heinz, Waitrose, and over 800 other brands lost rights to use the royal coat of arms on products after the queen died. Now they must prove the royal family uses their products to get it back.
(DBN)

Harry and Meghan 'furious' their kids won't get HRH titles after they snubbed royal family
(DBN)

A Breakdown of the Rising Cost of Living The Rising Cost of Living Is Hitting All Groups
(DBN)

____________

EU:

Retail Trading Boom Cools as Cost-of-Living Crisis Hits Europe
(DBN)

Europe Car Sales Return to Growth After Painful Year of Declines
(DBN)

____________

Russia:

Russia Damages a Dam in Ukraine, Sparking Flooding Fears Putin's former speechwriter says Russian political system in 'shock' following Moscow's recent defeats in Ukraine 'Torment of hell:' Ukraine medic describes Russian torture Ukraine's Zelenskyy courts allies to maintain war People in a retaken Ukrainian town had their phones checked to see if they had collaborated with Russia, report says Russia says longer-range U.S. missiles for Kyiv would cross red line Russian Hypersonic Missile Accidentally Strikes Russia Germany promised Ukraine weapons but hasn't delivered. Now, anger toward Berlin is rising What now for Putin? After Russian retreat, the Kremlin has few good options Ukraine Finds New Mass Graves 400+ Bodies Found in Mass Grave After Russian Occupation
(DBN)

Putin admits China has 'questions' and 'concerns' about Ukraine war Xi to Putin: 'We are ready to team up with our Russian colleagues'
(DBN)

Putin's insistence that the war is going great is shooting Russia in the foot as it desperately tries to find new soldiers, experts say
(DBN)

Is 'Putin's Chef' Now Calling the Shots in Ukraine?
(DBN)

Putin's Headed Toward Defeat in Ukraine. The Only Question Is How Bad a Loser He'll Be.
(DBN)

Pro-Trump Pundit Accused of Pocketing $200K Meant for Ukraine Body Armor
(DBN)

Griner, Whelan families to meet Biden amid US-Russia talks
(DBN)

____________

China:

Biden Issues New Order to Block Chinese Investment in Technology in the U.S.
(DBN)

U.S.-Taiwan bill sails through Senate panel despite White House misgivings China Sanctions Boeing, Raytheon Executives for Taiwan Arms Deal
(DBN)

'I accept being ordinary': China's youth turn their backs on hustle culture
(DBN)

China's Home Prices Fall for One Year Straight as Crisis Deepens
(DBN)

China's retail sales, industrial production beat expectations in August
(DBN)

China markets fall despite better-than-expected economic data; Chinese yuan weaker than 7 vs dollar
(DBN)

China Budget Deficit Keeps Widening Under Covid, Property Crisis
(DBN)

____________

MENA:

Gun-toting woman holds up Beirut bank and leaves with her own savings, local TV reports
(DBN)

____________

Turkey:

Restructuring Laws and Regulations in Turkey
(DBN)

____________

Italy:

Italy is About to Go Fascist Again
(DBN)

____________


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