September 23, 2022

The Daily Bankruptcy News

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Law:

First, Smear All the Lawyers
(WSJ)

Even In-House Attorneys Aren't Happy With Their Current Jobs
(DBN)

America's Next Top Trial Lawyer: An Interview With Alex Spiro
(DBN)

Lawyers still report burnout, but it's not as bad as the final months of 2021
(DBN)

Former Texas Southern Dean Sues Law School Over Loss Of Tenure
(DBN)

Overcoming 'arbitrary application of licensing rules,' lawyer wins bar admission in Tennessee
(DBN)

Goldman Bribery Settlement Is Florida Law Firm's Latest Big Win
(DBN)

Tom Girardi gave millions to Democratic politicians. Was the money stolen from clients?
(DBN)

State Supreme Court Orders Bar Examiners To Knock Off The Nonsense
(DBN)

Johnny Depp is dating lawyer who represented him in UK trial
(DBN)

A very mixed picture at best: the listed law firms' roller coaster ride
(DBN)

Asthmatic lawyer sacked by bank's GC wins disability discrimination claim
(DBN)

Europe's manliest lawyers 'Get S--- Done'
(DBN)

Travers Smith associate leaves firm after 'inappropriate conduct'
(DBN)

Is Cold Calling For Lawyers Obsolete?
(DBN)

Ex-FBI Agent's Armenian Mafia Trial Roiled by Revelation That Star Witness Cheated for His Law License
(DBN)

Trump's path to stall documents probe narrows after legal setbacks 11th Circuit Allows DOJ to Review Mar-a-Lago Docs for Criminal Investigation, Partially Staying Judge Cannon's Order for Special Master Judge Overseeing Trump-Mar-a-Lago Case Trims Special Master Ruling Within Hours of 11th Circuit Order Special Master Lays Out Detailed Roadmap of Things to Come in Clash Between Trump and DOJ over Mar-a-Lago Search National Security Attorneys Debunk Trump's 'Idle Fantasy' That He Can Declassify Documents in His Head Without Telling Anyone Attorney breaks down why Trump couldn't declassify documents by 'thinking about it' BENCHSLAP: Eleventh Circuit Rips Trial Judge's Ruling In Trump Warrant Case Appeals court to Trump: No, you didn't actually declassify those documents, there's no evidence Trump Special Master Review: Enter Dearie Special master in Mar-a-Lago probe sets timeline to review documents Trump's defeat in the Mar-a-Lago "special master" case, explained 1 in 3 says Trump did not have secret documents at Mar-a-Lago: survey Special master in Mar-a-Lago case asks Trump to back up his allegation that FBI 'planted' evidence Trump Special Master Declines Extra Pay for Review of Documents
(DBN)

Trump's legal troubles are mounting. And his support is consolidating.
(DBN)

Trump Legal Team Learning To Their Detriment Not Everyone Is Ruled By Petty Grudges
(DBN)

When a Strong-Willed Client Throws a Wrench into a Lawyer's Effectiveness
(DBN)

Trump ally Mike Lindell being investigated in connection with alleged Colorado election security breach
(DBN)

Federal Judge, Citing 11th Circuit Ruling Against Trump, Immediately Rejects Alan Dershowitz's Request for TRO in Mike Lindell Case
(DBN)

Man Seeks Sanctions Because Trump's Failed Hillary Clinton RICO Lawsuit Wrongly Called Him Ex-DNC Chairman: My 'Resume Is Available Online'
(DBN)

Deutsche Bank's Trump Exposure Dropped 87% in a Matter of Weeks
(DBN)

In Trump Suit, New York Seeks to Erase a Hometown Success Story These Are the Trump Properties at the Center of New York's Fraud Lawsuit Something you shouldn't miss in the NY lawsuit against Trump The Time Trump Screwed Over Bon Jovi Is Coming Back to Haunt Him
(DBN)

The 4 major criminal probes into Donald Trump, explained
(DBN)

Jan. 6 witness receives probation, no prison time Legal Arguments, Evidence, and Jurors: Judge and Lawyers Hash Out Final Details Before Start of Oath Keepers Jan. 6 Seditious Conspiracy Trial Jan. 6 Hitler Jr. Gets Four Years in Prison
(DBN)

Spurred by USA Gymnastics scandal, senators roll out bill to reform the FBI's handling of child abuse victims
(DBN)

U.S. fugitive known as 'Fat Leonard' apprehended in Venezuela after weeks on the run
(DBN)

Body parts found stuffed in suitcases during wellness check on NYC woman, police say
(DBN)

Sanctuary cities are straining to support the thousands of migrants arriving by bus Florida migrant-moving company gave GOP cash, has ties to DeSantis' immigration 'czar' and Rep. Matt Gaetz With NYC Shelters Overflowing, City Putting Up Tents for Migrants
(DBN)

Judge blocks Indiana abortion ban week after it took effect White House warns Graham abortion bill would create 'nationwide health care crisis' Most Catholics in Michigan Support Adding State Abortion Protections
(DBN)

Why Ron DeSantis is baiting Biden on the border
(DBN)

Alabama grandfather charged in toddler's hot car death drove vehicle 3 times that day, prosecutor says
(DBN)

Toddler fatally shoots South Carolina mom with 'unsecured firearm,' sheriff says
(DBN)

Marco Rubio Appears to Have Compared Abortion to Vehicular Manslaughter Louisiana woman carrying fetus with no skull forced to travel to New York to get abortion Self-managed abortion with pills: Medically safe, legally risky DOJ: States can't penalize VA doctors and nurses for legal abortions
(DBN)

Sex fiend gets 'sweet' deal from DA on teen rape charge — then attacks 5 more
(DBN)

Man Accused of Murdering Ex While She Was on a Date Later Hired a Hitman to Kill Surviving Witness and Investigator: Cops
(DBN)

Ex-Administrator Stole Fortune from Church After Starting 'Fraudulent Bank Account' with Since-Deceased Pastor: Cops
(DBN)

University of Utah student arrested in alleged threat to detonate the school's nuclear reactor if football team lost
(DBN)

San Fran passes controversial surveillance plan
(DBN)

'Diary of a Wimpy Kid' and 'Riverdale' Actor Gets Life for Killing His Mom
(DBN)

______________

Judges:

Man convicted of shooting 2 Indiana judges in street dispute outside White Castle
(DBN)

New Marquette Law School Poll finds national approval of U.S. Supreme Court's work continues to be lower than in 2020
(DBN)

Dobbs Lawyer Says She'd Apply Abortion Ruling as US Judge
(DBN)

House Democrats introduce bill to expand U.S. appeals courts
(DBN)

Justice Gorsuch's Novel And Mendacious Turn Of Phrase
(DBN)

Breyer: "Very, very, very sorry" about Dobbs decision
(DBN)

Town justice who brandished gun at defendant should be ousted, judicial conduct commission says
(DBN)

______________

Wall Street:

Dow futures tumble by 350 points, head for big losing week on fear the Fed is overdoing it
(DBN)

A $15 Billion Risky Debt Deal Heralds Day of Reckoning for Wall Street
(DBN)

______________

Layoffs:

"The party is over": How Meta and Google are using recession fears to clean house
(DBN)

FedEx earnings: Company unveils plan to cut more than $2 billion in costs
(DBN)

Deluxe Corp. lays off 87 Atlanta employees in 'cost savings' strategy
(DBN)

______________

Agribusiness:

Express Grain Terminals: Bankruptcy Filing Nearly A Year Ago Began Downfall
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 2.4% Compared to Same Week in 2019
(DBN)

____________

Retailing:

Hedge fund slams Kohl's CEO, chairman over poor results, seeks removal Activist investor pushes Kohl's to oust its CEO and chairman Shareholder Demands Leadership Overhaul at Kohl's
(DBN)

Bed Bath & Beyond's merchandise problems will make it hard to pull off a turnaround
(DBN)

____________

Tech:

Supreme Court poised to rule on law rolling back Big Tech ability to muzzle opinions
(DBN)

____________

Sports:

Bally Sports Plus Readies Monday National Rollout Amid Fire Sale Rumors
(DBN)

____________

Celebs:

Reality TV Star Erika Girardi Seeks Dismissal of 'Tabloid-Driven' RICO Lawsuit Over Estranged Husband's Client Embezzlement
(DBN)

____________

Military:

Pentagon bedeviled by recruitment failures as solutions prove elusive
(DBN)

____________

Politics:

Donald Trump's bizarre altar call in Ohio
(DBN)

Mitch McConnell said he is 'done with' Trump and 'will never speak to him again,' according to new book
(DBN)

Dr. Oz's Fundraising Emails Spell Panic in Pennsylvania
(DBN)

How the QAnon Queen Funds Her Cult: 'She's Scamming People'
(DBN)

Herschel Walker's Company Said It Donated Profits, but Evidence Is Scant
(DBN)

Macron warns of 'crisis of democracies,' including USA
(DBN)

Republicans block bill requiring dark money groups to reveal donors
(DBN)

Republicans Pull Ads for Trump-Backed House Candidate Who Lied About His Military Record
(DBN)

Biden's approval rating up but struggling on key issues, new poll shows
(DBN)

U.S. House Democrats release framework for bill to restrict members trading stocks
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims at 213,000 US Jobless Claims Rise Slightly, Still Remain Historically Low
(DBN)

Central Bank Rate Hikes Are Far From Over
(DBN)

Fed's New Normal for Pace of Tightening May Be Hard to Escape
(DBN)

2-year Treasury tops 4.2%, a 15-year high as Fed continues to jolt short-term rates higher
(DBN)

How interest rate hikes ripple throughout the economy
(DBN)

Yellen: Inflation will come down next year Yellen Sees Path for Cooler Prices Without Jump in Jobless Rate
(DBN)

Charts suggest inflation could soon come down 'substantially,' Jim Cramer says
(DBN)

Top economist Mohamed El-Erian says the odds of a 'soft landing' for the U.S. economy are now 'uncomfortably low' as 3 major economies face a reckoning
(DBN)

Steve Hanke says the chance of a U.S. recession just shot up to 80%
(DBN)

Investor pessimism worst since 2008 crisis - BofA
(DBN)

'When hiring slows, Black workers get pushed so far back that they drop out': Why Fed's rate hike will put Black jobs at risk
(DBN)

Shoppers Care Less About the Environment as Cost Pressures Bite
(DBN)

The Fed says this is going to hurt, but it matters who feels the pain Jerome Powell has a tough message for investors: Tighten your seatbelts, because recession and unemployment are coming
(DBN)

Investors fear 'ship has sailed' on soft landing with risk of fed funds headed for 5% in 2023
(DBN)

U.S. Latino economic output would rank 5th in world GDP, according to new study
(DBN)

Why Jamie Dimon apologized to Elizabeth Warren
(DBN)

Russia Sets Out How Much It's Going to Cut Gas Flow Through 2025 Orban Seeks to Ratchet Up Opposition to EU's Russia Sanctions Spain Can Send France More Gas After Boosting Export Capacity UK Fracking Needs Local Support, but It's Nowhere to Be Seen Danish Banks Hand Out Blankets As Offices Turn Down Heating EU Rushes to Agree on an Oil Price Cap After Putin's Threats Why Europe's efforts to cap Russian oil prices and ban imports are doomed to fail Volkswagen May Move Production Out of Eastern Europe If Gas Shortage Continues EU Set to Pave Way for 565 Billion Euro Overhaul of Electricity Grid Germany considers nationalizing another major gas importer Europe's Energy Crisis Will Not Be "A One Winter Story" Germany in talks over urgent support for regional energy providers
(DBN)

Report: 3 out of 4 Latinos don't feel included at work
(DBN)

Remote workers are wasting their time proving they're actually working
(DBN)

Almost Half of Women Say They'd Quit If Their Employer Didn't Agree With Them on Abortion
(DBN)

Biden administration may try to oust World Bank head
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Recent Second Circuit Decision Holds that Conducting a Foreclosure Sale upon a Property After a Tenant Files for Bankruptcy Violated the Automatic Stay
(DBN)

Rents fell in August — but here's why tenants are still suffering
(DBN)

Mortgage applications rise for the first time in six weeks, despite rates rising to 6.25%, signaling housing market's 'volatility'
(DBN)

'The housing market may have to go through a correction': Mortgage rates hit 6.29%, Freddie Mac says
(DBN)

Realtor.com Reports Weekly Active Inventory Up 28% Year-over-year; New Listings Down 10%
(DBN)

Mortgage rates highest in 15 years
(DBN)

Lux Home Market Posts Biggest Decline in Decade... 'Like Crickets'
(WSJ)

These are the top 10 U.S. cities with the biggest homes
(DBN)

Court dismisses bankruptcy case involving Binghamton Plaza owners
(DBN)

Hines Reportedly Handing Back The Keys To D.C. Office Building After Law Firm Departure
(DBN)

Fones Cliffs property slated for development now up for bankruptcy sale
(DBN)

____________

Municipalities:

PREPA mediators call for simultaneous mediation, litigation and plan creation
(DBN)

¡Basta de Apagones! The Rot in Puerto Rico Runs Deeper Than Its Disastrous Power Company.
(DBN)

One Million Puerto Ricans Still Without Power As Grid Crisis Persists
(DBN)

Biden says administration 'laser-focused' on Puerto Rico after damage from Fiona White House rushes to help Puerto Rico during fragile recovery Biden admin to cover Hurricane Fiona recovery costs for next month
(DBN)

Puerto Rico's intersecting crises
(DBN)

Would U.S. statehood make relief any different for Puerto Rico after disasters like Hurricane Fiona?
(DBN)

Recovery from Hurricane Fiona cuts to the heart of US-Puerto Rico relations
(DBN)

Fans thank Bad Bunny for 'giving a voice' to Puerto Rico at exactly the right time
(DBN)

____________

Oil/Gas:

LNG Exporters Face Risk Of Stranded Assets Despite Current Demand Boom
(DBN)

Should Energy Companies' Windfall Profits Be Taxed?
(DBN)

IEA: Electric Vehicles Sales at All Time High
(DBN)

____________

Student Debt:

Biden's student-loan forgiveness plan could be blocked or delayed, expert warns
(DBN)

____________

Climate:

World Bank Head Hits Back at Gore, Saying He's No Climate Denier
(DBN)

Hurricane Fiona Set to Sweep Bermuda on Path to Atlantic Canada
(DBN)

As COP27 Looms, Africa Receives a 10th of Climate Financing It Needs
(DBN)

JPMorgan, Morgan Stanley Signal Doubts on Carney's Climate Group
(DBN)

Climate change deniers "harass" fact-checkers
(DBN)

Amtrak Aims for Net-Zero Greenhouse Gas Emissions by 2045
(DBN)

Lake Mead: Private Water Intake Goes Dry
(DBN)

____________

Education:

University of Cambridge says it gained from slave trade
(DBN)

Yeshiva University and LGBTQ Club Agree to a Stay Days After Justice Alito Said School 'Would Likely Win'
(DBN)

____________

Banking:

Bank Leaders Steer Clear of No-Overdraft Pledge in Senate Testimony
(DBN)

Lawmakers slam big bank CEOs for failure to increase interest rates on savings
(DBN)

____________

Utilities:

Puerto Rico Mediators Seek Debt Plan for Power Utility in Two Months
(DBN)

Almost 1 Million Puerto Ricans Still Without Power After Hurricane Fiona
(DBN)

Americans will pay more for heat this winter and it's not just because of inflation
(DBN)

____________

Cruise Lines:

Royal Caribbean Taps Junk-Bond Market For $2 Billion Refinancing
(DBN)

____________

Fraud:

Federal watchdog: Labor Dept. potentially paid $45.6B in pandemic relief fund unemployment insurance to fraudsters
(DBN)

In Mississippi, Welfare for the Well Connected as a Scandal Spreads
(DBN)

Former top Mississippi health official pleads guilty to fraud Mississippi official pleads guilty in welfare scandal that involves Brett Favre Former Head of Mississippi Department of Human Services Will Cooperate with Authorities in 'Massive Welfare' Scandal Linked to Brett Favre
(DBN)

CNBC Financial Pundit Charged with Fraud
(DBN)

____________

Autos:

Ford to restructure supply chain after $1 billion in unexpected Q3 costs
(DBN)

Faraday Future Says Bankruptcy Misinformation Campaign Leading To Death Threats
(DBN)

____________

Footwear:

Barclays downgrades Nike on inventory trouble, slowing demand and volatility in China
(DBN)

____________

Healthcare:

Envision Healthcare at high risk of bankruptcy or major restructuring, Moody's warns
(DBN)

The 'End' of COVID Is Still Far Worse Than We Imagined
(DBN)

WHO warns ability to identify new Covid variants is falling as testing declines
(DBN)

New analysis supports Paxlovid use
(DBN)

____________

 


New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (28 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)

Executory Contracts:

A New Approach to Executory Contracts? Fifth Circuit Opens the Door for the Functional Approach
(DBN)

____________

Finance:

The Trap of Merchant Cash Advances and Financing
(DBN)

____________

Subchapter V:

Becoming Eligible For Subchapter V By A Retroactive Change In the New Law (In re Phenomenon)
(DBN)

____________

Mass Torts:

Here's what Jones has said about Sandy Hook.
(DBN)

4 Takeaways From the Sandy Hook Damages Trial of Alex Jones
(DBN)

'Is this a struggle session?' Alex Jones launches into foul rant at 'liberals' who 'switch their emotions on and off' after being shown tearful statement from Sandy Hook victim's father
(DBN)

'I'm Done Saying I'm Sorry': Alex Jones Turns Cold Shoulder to Sandy Hook Families, Defends Calling Judge a 'Tyrant' in Connecticut Trial
(DBN)

Infowars host Alex Jones says 'he's done being sorry' on the stand during second defamation trial
(DBN)

Alex Jones lashes out at critics at trial over Sandy Hook hoax claims
(DBN)

Alex Jones evasive on stand in trial to determine damages for Sandy Hook families
(DBN)

Alex Jones Renews 'Deep State' Claim at Defamation Damages Trial
(DBN)

Boy Scouts' $2.46 billion bankruptcy settlement draws appeals from insurers, abuse claimants
(DBN)

____________

Mediation:

Mediator Insights: How to Spot a Melting Ice Cube Case
(DBN)

How to Breach the Bully Barrier in Mediation
(DBN)

____________

Aviation:

Boeing to pay $200 million to settle charges it misled investors following 737 Max crashes, SEC says
(DBN)

American Airlines passenger detained by FBI after allegedly assaulting attendant on flight from Los Cabos to Los Angeles Passenger sucker-punches attendant from behind on flight to California, video shows
(DBN)

United Airlines flight circles over Atlantic for hours, makes emergency landing over mechanical issue
(DBN)

Japan to Restore Visa-Free Travel From Oct. 11 as Covid Pandemic Recedes
(DBN)

____________

Crypto:

Mining firm Compute North Files for Chapter 11 Bankruptcy The Crypto Winter's Latest Casualty Is Data Center Firm Compute North
(DBN)

Crypto Winter is Here
(DBN)

Preference Due Diligence in the Crypto Winter
(DBN)

Shareholders in Bankrupt Crypto Lender Celsius Seek 'Fiduciary'
(DBN)

Washington State Joins Celsius Bankruptcy Case as Interested Party
(DBN)

We Present The Only Possible Case For Buying Bitcoin
(DBN)

How film and sports stars plugged crypto investments, with disastrous results for savers
(DBN)

FTX in talks with investors to raise $1B for further acquisitions: Reports
(DBN)

Motion for immediate appointment of an Official Preferred Equity Committee in the Celsius bankruptcy
(DBN)

____________

Sovereigns:

Japan to support Sri Lanka's debt restructuring negotiations
(DBN)

Pakistan's bonds slump on report UN DP to recommend debt restructuring
(DBN)

____________

UK:

Insolvency firm Begbies Traynor hails 'good start' to fiscal year as business failures reach unprecedented levels
(DBN)

R3 unveils anti-fraud proposals
(DBN)

The Cost of Living Crisis Is Already Destroying UK Nightlife
(DBN)

British pound plunges after new government announces economic reforms
(DBN)

UK Bonds Plunge as Government Ramps up Borrowing More Than Expected
(DBN)

Energy Prices Decrease as Interest Rates Increase – where does this leave UK Businesses?
(DBN)

Bank of England hikes rates but avoids more aggressive steps to tame inflation
(DBN)

Royal Mail Offers to Take Pay Dispute to Arbitration as Strikes Loom
(DBN)

Prince Harry learned of Queen's death from online report: palace sources
(DBN)

UK Fiscal Stimulus Will Be 'Difficult' for BOE, Haskel Says
(DBN)

____________

EU:

Euro-Zone Consumer Sentiment Hits Record Low on Energy Crisis
(DBN)

____________

Canada:

The making of music: is a master recording tangible or intangible property?
(DBN)

Banks, Insurers Face $3.9 Billion Hit From Trudeau's New Taxes
(DBN)

____________

Russia:

Victory or nuclear war? Putin backs himself further into a Ukrainian corner Here's how seriously the West should take Putin's latest nuclear threats How Biden can avoid a nuclear war with Putin What Putin's latest threats mean for the risk of nuclear war UN: Russia's Nuclear Threats Unacceptable Putin's nuclear threats raise the risk of an unprecedented disaster
(DBN)

'I don't want to die': More Russians flee abroad Conscripts 'dragged from beds in dead of night' 'How to break arm' becomes top trend Long lines of traffic seen at some of Russia's land borders Putin can call up all the troops he wants, but Russia can't train or support them Russia drafts anti-war protesters into military amid nationwide demonstrations: monitoring group 'It's a 100% mobilisation': day one of Russia's drive to build its army Putin's escalation gamble
(DBN)

U.N. showdown looms between Lavrov, West over atrocities in Ukraine US, allies pledge to punish Putin over Ukraine in U.N. showdown Defiant Russia Shows Up Late to UN, Walks Out Early
(DBN)

Russia's military divided as Putin struggles to deal with Ukraine's counteroffensive, US sources say
(DBN)

Putin Readies 43% Defense Spending Hike Amid Plan for Longer War
(DBN)

Team Putin Begs Rich Russians to Help Save His Failing War
(DBN)

Russians Using Kids in Referendums to Hide 'Catastrophic' Lack Of Votes Russia Wants a Vote in Occupied Ukraine Russian-controlled Ukraine regions vote on whether to join Russia
(DBN)

____________

South Africa:

South Africa Central Bank Raises Key Rate by 75 Basis Points
(DBN)

____________

China:

Scientists at America's top nuclear lab were recruited by China to design missiles and drones, report says
(DBN)

____________

Italy:

Italy on the Brink of Being Led by the Far-Right for the First Time Since WW2 Fears For Rights Under Italy's 'Christian Mother' Meloni Financial markets wary of far-right election win in Italy
(DBN)

____________

MENA:

Bill to Grant Afghan Evacuees a Path to Residency Hits Snags
(DBN)

____________

Ireland:

End of Court Year Case Digest: Irish Insolvency & Restructuring Judgments
(DBN)

____________

India:

Two firms can face IBC proceedings if both are corporate debtors: SC
(DBN)

Restructuring & Insolvency Monthly Update
(DBN)

Indian Shipyard Exec Arrested in $2.8B Bank Fraud Case
(DBN)

Banks to see sharp fall in bad loans, but exposures to small businesses a worry: Crisil
(DBN)

____________

Hong Kong:

Hong Kong Court clarifies whether an exclusive jurisdiction clause precludes it from hearing a bankruptcy petition
(DBN)

____________

Japan:

The eight leading restructuring and insolvency lawyers operating in the Japanese market
(DBN)

____________

China:

China has 3.57 trillion yuan bailout ammunition for property mess
(DBN)

____________


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