July 25, 2023

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biden lawyer who defended affirmative action grapples with diversity in her own office
(DBN)

Incivility could be basis for discipline under proposed ethics rule change in California
(DBN)

Top International Firm Is Now Tying Bonus Eligibility To Office Attendance
(DBN)

This Biglaw Firm Will No Longer Publish Its Profits Per Equity Partner
(DBN)

Eversheds Sutherland Joins KWM To Create Global Referral Alliance
(DBN)

How To Fail The Bar Exam With Comedic Flair
(DBN)

Ongoing Partner Departures Rock New U.S. Law Firm Amidst Racist Email Controversy
(DBN)

Following Stanford Law incident at Federalist Society event, associate DEI dean leaves role
(DBN)

Notre Dame Law Professor Has Trouble With Difficult Concept Of Counting To 2
(DBN)

The Future Is Now: The rise of AI-powered legal assistants
(DBN)

T14 law school bans ChatGPT on application essays
(DBN)

Legal ops co-founders discuss ‘the value of running legal like a business’
(DBN)

Supreme Court Decisions Only Matter To Republicans When They Go Their Way
(DBN)

Paralegal accused of embezzling over $1.5M from law firm clients
(DBN)

GOP, McCarthy on collision course over expunging Trump’s impeachments
(DBN)

Five questions around Trump’s looming indictment Trump rages over legal problems on Truth Social
(DBN)

Special counsel obtains thousands of documents from Rudy Giuliani team that tried to find fraud after 2020 election Special counsel scrutinizing February 2020 meeting where Trump praised US election security protections Trump threats will only backfire on him — they prove Jack Smith's entire case
(DBN)

Former NYPD commissioner turning over documents to Georgia election workers suing Giuliani
(DBN)

The Impact Of The Denial Of A New Trial On Trump's Defamation Counterclaim Against E. Jean Carroll
(DBN)

Trump's New Lawyer Heads To Fox News To Make Old, Tired Arguments
(DBN)

Jan. 6 Rioter Who Beat Officer With Flagpole Gets 52-Month Sentence
(DBN)

Texas is using disaster declarations to install buoys and razor wire on the US-Mexico border US DOJ sues to force Texas to remove floating barriers in Rio Grande
(DBN)

Biden administration tells judge that its new asylum rule is not a reboot of Trump’s efforts
(DBN)

Hunter Biden to appear in Delaware federal court Wednesday What Hunter Biden's emails reveal about his dealings in Delaware, investment in electric car maker Hunter Biden’s gallery sold first son’s artwork to major Dem donor appointed to prestigious commission: Report
(DBN)

Leon Black’s $158 Million Payments to Epstein Spark Senate Probe
(DBN)

Abbott vows not to comply with DOJ over floating border wall
(DBN)

TX: Far Right Billionaires Backing Paxton
(DBN)

'I can't die like this': Video shows trans man beaten by deputy during stop
(DBN)

Effort to curb police use of Google data stalls as California lawmakers struggle to shield abortion seekers
(DBN)

Kansas Cops Have 'Waged War on Motorists' by Subjecting Them to Pretextual Traffic Stops, a Federal Judge Says
(DBN)

Miami-Dade’s police director shot himself after domestic dispute at Tampa hotel, police say
(DBN)

From Pet Cemetery Owner to Identity Thief to Best-Selling Ghostwriter
(DBN)

Carlee Russell admits ‘there was no kidnapping’ or baby on the highway in bombshell hoax confession
(DBN)

Man charged with murder, hate crimes for killing father, son, 1 other over street parking
(DBN)

Prosecutor gets prison for secretly recording sex with women without permission
(DBN)

Ex-wife who paid bitcoin to hire a hitman gets prison in failed murder-for-hire plot
(DBN)

Man ordered wife to 'lineup' in the kitchen before executing her while son watched: Police
(DBN)

Men broke into wrong home, tied up woman in Christmas lights and shot her dead
(DBN)

Officer who put woman in police car hit by train didn’t know it was on the tracks, defense says
(DBN)

Man admits to raping mentally disabled child, asks judge to 'Wish me luck' in prison
(DBN)

Nashville school shooter’s writings reignite debate over releasing material written by mass killers
(DBN)

Former pastor arrested in 1975 murder case investigating death of young girl
(DBN)

White Alabama mayor wants immunity for 'secret meeting' to keep Black mayor out of office
(DBN)

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Judges:

Federal judge questions ‘move afoot’ to encourage arguments by junior lawyers
(DBN)

Who Is The Most Powerful Supreme Court Justice Of Them All?
(DBN)

Retired Federal Judge Urges Courts to Address Venue-Shopping, Before Congress Does
(DBN)

U.S. Justice Dept throws weight behind NAACP case over Jackson, Mississippi, court overhaul
(DBN)

‘You Let The Country Down!’ Mark Levin Attacks Trump Appointed Judge In Classified Docs Case For Not Delaying Trial Until After 2024 Election
(DBN)

Judge checked Facebook and texted during murder trial, courtroom video shows Judge Can't Be Bothered To Pay Attention To Murder Case, Scrolls Facebook Instead Judge under fire for appearing to check Facebook during toddler abuse murder trial
(DBN)

Is Gen Z Killing Off The Supreme Court?
(DBN)

Dems Eye Wisconsin High Court's New Liberal Majority To Win Abortion And Redistricting Rulings
(DBN)

Florida Supreme Court reprimands judge for conduct during Parkland school shooting trial
(DBN)

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Wall Street:

Stock futures are little changed after Dow notches 11-day rally: Live updates
(DBN)

Stocks are making a run for record territory. Will the Fed end its rate hikes anyway?
(DBN)

Tupperware's stock sees largest daily gain on record amid meme-like surge
(DBN)

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Layoffs:

Robinhood Faces Layoffs and Leaked Audio Sheds Light on Wider Cuts
(DBN)

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Personal Finance:

I'm 26 years old, making $90,000 a year. Here's how I budget my money to afford to live in San Francisco and enjoy monthly manicures and $22 kebab orders.
(DBN)

A woman who said she won the $1.08 billion Powerball jackpot was lying and 'just wanted to be on TV,' store owner's granddaughter says
(DBN)

White House threatens to veto military construction, agriculture spending bills
(DBN)

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Newspapers:

Former Santa Barbara News-Press journalists react to bankruptcy of daily paper One of California’s oldest newspapers that once had a daily circulation of 45,000 just closed after bankruptcy filing following a long decline
(DBN)

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Food/Beverage:

Employees want to buy Anchor Brewing Company to keep the business alive
(DBN)

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Agribusiness:

Indoor farming start-up AppHarvest files for Chapter 11 Bankruptcy protection Indoor farming company backed by Martha Stewart files for bankruptcy What happens to AppHarvest stock after Chapter 11 bankruptcy?
(DBN)

Inside the Republican effort to force millions of farm animals back into cages
(DBN)

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Economy:

A $5.5 trillion savings wipeout is threatening to cripple the US economy
(DBN)

Four High Frequency Indicators
(DBN)

Jobs boom at the state level
(DBN)

The US economy's brief moment of slowing inequality might be on its way out
(DBN)

FOMC preview: One and done?
(DBN)

Who Wants to Keep Hiking Rates and Who Doesn’t? Breaking Down the Fed’s Views
(DBN)

Remote employees work longer and harder, studies show
(DBN)

House, Senate divides over funding grow as time left for spending bills shrinks House Republicans start their funding rumble with shutdown looming GOP lawmakers whisper about government shutdown
(DBN)

'No chance we're having a soft landing.' Stock market strategist David Rosenberg gives Powell's Fed no credit — and no mercy
(DBN)

Global food prices threaten to tick back up, just as Biden was getting a break
(DBN)

America’s Love of Sanctions Will Be Its Downfall
(DBN)

This economy runs on Girl Power
(DBN)

Has Texas lost its pro-business mojo?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing July 24th Weekly Update: Inventory increased 1.9% Week-over-week; Down 8.8% Year-over-year
(DBN)

She lost her home over $2,600 in back taxes; How a landmark court case could give it back
(DBN)

A California Bill Would Cap Renters’ Security Deposits
(DBN)

What needs to happen to fix the housing market? Experts have some suggestions
(DBN)

Location Ventures’ new boss, Alan Fine, has one goal: Liquidation
(DBN)

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Municipalities:

Detroit's birthday: It survived fire, bankruptcy and losing Lions' seasons
(DBN)

San Antonio joins lawsuit against Texas over law limiting local authority
(DBN)

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Oil/Gas:

Bumpy road ahead for US gasoline demand and energy transition
(DBN)

UK Vows to Keep 2030 New Petrol Car Sale Ban to Calm EV Industry
(DBN)

Christian Nonprofit Ditches Barclays Over Oil and Gas Financing
(DBN)

The 3,300 employees of an oil trading firm each made almost $800,000 last year – way more than Wall Street bank staff
(DBN)

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Utilities:

An Arizona woman died after her power was cut over a $51 debt. That forced utilities to change
(DBN)

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Autos:

Investors question LMC’s bankruptcy Lordstown Motors, Foxconn dispute intensifies
(DBN)

How Trump could slow the U.S. EV transition
(DBN)

Tesla Owners Share Horror Stories
(DBN)

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Tech:

AI boom's big winners are all in four states
(DBN)

Elon Musk just doubled down on his deluded plan for world domination
(DBN)

Meta already appears to hold the rights to 'X.' It could make Twitter's rebrand complicated.
(DBN)

Elon Musk's former Twitter lieutenant, who famously slept on the floor, hints that he's 'destroying' his own product by rebranding it 'X'
(DBN)

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Politics:

Poll: Youth sour on America
(DBN)

McCarthy floats "impeachment inquiry" into Biden
(DBN)

Trump blasts Senate GOP for lack of action on Biden
(DBN)

Trump anxiety among GOP senators grows as indictments appear to help him
(DBN)

Trump holds wide leads in Iowa, South Carolina: polls
(DBN)

The Standoff Between Trump and Joe Rogan Over a Podcast Invite
(DBN)

James Comer's Struggling to Get Hunter Biden Witness to Talk
(DBN)

Israel’s judicial vote exposes limits of Biden’s influence
(DBN)

Youngkin approval rating at record high amid 2024 speculation
(DBN)

Senate Democrats press McConnell on Tuberville’s ‘reckless’ military hold
(DBN)

Almost 60 percent of Ohio voters back abortion rights amendment: poll
(DBN)

‘Icebergs’ and ‘black swans’ that can sink Biden and Trump in 2024
(DBN)

‘This Is a Really Big Deal’: How College Towns Are Decimating the GOP
(DBN)

Billionaire donors cool on Ron DeSantis over rightwing policies
(DBN)

Romney calls on GOP donors to pressure noncompetitive Trump rivals to drop out
(DBN)

Boebert apologizes ‘for appearance’ of disrespecting Uvalde victims
(DBN)

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Banking:

Banks Brawl Over Refilling FDIC Fund Hit by SVB, Signature Fails
(DBN)

US banks rush to limit Silicon Valley Bank liabilities
(DBN)

Banks’ restatements of uninsured deposits jump fourfold
(DBN)

UBS hit with $387 million in fines for ‘misconduct’ by Credit Suisse in Archegos dealings
(DBN)

US FDIC Calls on Banks to Fix 'Inaccurate' Financial Statements FDIC Scolds Banks for Manipulating Deposit Data - WSJ
(DBN)

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Retailing:

American Apparel's Rise and Fall Was a Whirlwind. This Former Employee Is Telling All.
(DBN)

Sale of bankrupt David’s Bridal will keep doors of more than 190 stores open
(DBN)

Bankrupt Retailer BuyBuy Baby Making Brick-and-Mortar Comeback
(DBN)

Mexican drug cartels behind surge in retail thefts
(DBN)

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Gig Economy:

Delivery drivers are shaming customers for their tips. DoorDash says it's looking into the latest TikTok video calling out the trend.
(DBN)

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Fraud:

He was caught trying to defraud a COVID relief fund. Then he faked his death.
(DBN)

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Movie Theaters:

AMC Stock Surges 38% After Court Rejects Stock Conversion Plan AMC May Go Bankrupt If the APE Conversion Doesn't Happen AMC Entertainment Could Run Out Of Cash, CEO Says After Court Ruling; Urges Stockholders “To Take Bankruptcy Risk Off The Table” Even As Shares Surge
(DBN)

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Education:

Students from very wealthy families overrepresented in elite colleges: research
(DBN)

Can’t we all just agree that slavery was wrong? Biden to Honor Emmett Till as DeSantis Rebuked on Racial History
(DBN)

$7,200 for Every Student: Arizona’s Ultimate Experiment in School Choice
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Involuntary Bankruptcy:

Requirements and Risks in Petitioning for an Involuntary Bankruptcy Case
(DBN)

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Bankruptcy Crimes:

Real estate investor sentenced in $3M wire, bankruptcy fraud scheme
(DBN)

____________

Mass Torts:

J&J Jury’s Cancer Verdict Adds New Wrinkle to Bankruptcy Vote
(DBN)

Which U.S. Dioceses Have Declared Bankruptcy? Here’s a Map
(DBN)

____________

Aviation:

A United Airlines flight turned back to San Francisco after a passenger refused to stay in his economy-class seat and kept walking to the business-class cabin
(DBN)

Babies Screamed, Adults Vomited in 4 Hours of Hell Trapped on Sweltering Delta Plane, Passenger Recounts
(DBN)

The Perfect Service to Make Everyone at the Airport Hate You
(DBN)

Ryanair warns the post-pandemic travel boom may be coming to an end
(DBN)

Lessors seek de-registration of entire Go First fleet HC issues notice to lessors, RP & DGCA
(DBN)

SpiceJet gets a key DGCA breather
(DBN)

____________

Healthcare:

Healthcare bankruptcy filings set to triple
(DBN)

Texas investment company files to take over financially troubled Iowa City hospital Citing Mercy Iowa City ‘financial free fall,’ possible closure, lender seeks court intervention Investor pushes for Mercy Iowa City to be placed in court-appointed receivership after financial troubles
(DBN)

Jury Decides Ammon Bundy Must Pay More Than $50M for Defaming Hospital
(DBN)

Top Arkansas psychiatrist accused of keeping patients against their will in huge Medicaid scam: ‘Like a prison’
(DBN)

Study: Republican deaths in Florida, Ohio linked to COVID vaccine politics Most COVID deaths in Florida happened after vaccines were readily available
(DBN)

____________

Biotech:

Minneapolis-based Foxo Technologies warns of possible bankruptcy, lays off employees
(DBN)

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Labor:

UPS strike imminent? Here's what you should know
(DBN)

New EV battery plant fuels labor tensions as UAW strike looms
(DBN)

____________

Student Debt:

Yes, your student loans can be discharged in bankruptcy, but it’s not guaranteed
(DBN)

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Trucking:

Yellow Avoids Teamsters Strike but Bankruptcy Isn’t off the Table
(DBN)

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Climate:

It hit 120 degrees in this California town. For the homeless, 'it's a miserable life out here'
(DBN)

Heat wave expands across the U.S., as Southwest continues to swelter
(DBN)

One year old, US climate law is already turbocharging clean energy technology
(DBN)

Raging wildfires spread to second Greek island Heat Builds Again Across Greece as Strong Winds Fan Wildfires
(DBN)

Algerian wildfires kill more than 30 people amid blistering heatwave
(DBN)

Study finds climate change fingerprints on July heat waves in Europe, China and America Report: Record heat "virtually impossible" without climate change
(DBN)

Hot Oceans Are Fueling Weather Disasters Around the World
(DBN)

____________

Crypto:

Proposed gag order in SBF’s criminal case under review, citing attempt to ‘influence public opinion’
(DBN)

Sam Bankman-Fried 'did nothing wrong' by leaking his ex-girlfriend's diary entries to New York Times: lawyers
(DBN)

Federal Agencies Coordinate Action Against Celsius for Fraud and Manipulation What criminal charges for Celsius ex-CEO mean for crypto industry
(DBN)

Why Texas is the canary in the crypto mine
(DBN)

He Went to Prison for Crypto Crime. Now He's an Advocate for Compliance.
(DBN)

____________

Tax:

IRS Halts Surprise Visits to Homes
(DBN)

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Hedge Funds:

Savannah hedge fund files for bankruptcy, local investors lose $43M
(DBN)

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Sports:

Saudi Arabia Reportedly Offers $1.1 Billion for Kylian Mbappe for one season
(DBN)

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Sovereigns:

Sudan is heading towards complete state collapse
(DBN)

____________

UK:

UK’s Wealthy Parents Give Kids a 10 Year Head Start in Housing
(DBN)

Asbestos, Bailouts and a Half-Built Mall Show UK Crisis in Cheap Rentals
(DBN)

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EU:

Euro zone business downturn deepens far more than thought in July -PMI
(DBN)

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Canada:

New Insolvency and Restructuring Lawyer Joins Fasken
(DBN)

____________

MENA:

Israeli parliament approves key part of judicial overhaul that has exposed deep fissures in society Israeli government passes law to limit Supreme Court power, defying mass protests Israeli Knesset passes judicial overhaul bill despite mass protests, U.S. pressure Ben Gvir: This is only the beginning, there are many more overhaul laws to pass Israel's Mossad Chief: I'll Be on 'Right Side of History' if Constitutional Crisis Unfolds Protests rage as Israel passes contested curbs on some Supreme Court powers Israel passed a bill to limit the Supreme Court’s power. Here’s what comes next Israel and Its Faltering Democracy What to know about Israel’s contentious judicial overhaul plan Israeli Assets Extend Slump as Investors Mull Judicial Bill
(DBN)

____________

Russia:

Russia says Moscow and Crimea hit by Ukrainian drones while Russian forces bombard Ukraine’s south Russia accuses Ukraine of drone attacks in Moscow, Crimea
(DBN)

Russia's not just seeing an exodus of people — it saw a record $239 billion of assets being pulled out last year
(DBN)

Blinken: Ukraine has already retaken 50 percent of occupied territory
(DBN)

China secretly sends enough gear to Russia to equip an army
(DBN)

Putin signs a harsh new law targeting transgender people in Russia.
(DBN)

Russia’s Mutiny Exiles Want to Storm Poland, Putin Ally Says
(DBN)

____________

China:

China's pitch to foreign investors falls flat as incentives dwindle
(DBN)

____________

Japan:

'Era Of Mass Closures': The Japan Businesses Without Successors
(DBN)

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