November 14, 2023

The Daily Bankruptcy News

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3-Column Formating

 

Law:

At least 25 top law firms will see departure of top leaders in 2023-2024; is there ‘demographic bubble’?
(DBN)

These Firms Are Feasting On Stroock's Partners
(DBN)

Classes on celebrities like Taylor Swift and Rick Ross are engaging a new generation of law students
(DBN)

Cleary Leader Confident Amid Law Firm ‘Frothiness,’ AI Adoption
(DBN)

Top Biglaw Firm Leaders Criticize Milbank's Money Moves Milbank’s ‘Bold’ Salary Increases Set Stage for Tough Decisions
(DBN)

Attorney Warns Biglaw's Antisemitism Letter Makes Lawyers Worry About Getting Fired, Gets Fired
(DBN)

Bar applicant denied damages for test mishaps and proctor distractions
(DBN)

Lawyer Accused of Covering Up Child Abuse for Client
(DBN)

Lawyer suspended for charging inflated and fake fees to real estate clients; did everybody do it? Check The Real Cost Of Your Real Property Litigation Fees
(DBN)

Allen & Overy Hit By Ransomware Cyber Attack
(DBN)

ATL’s Legally Themed Halloween Costume Contest: The Winner (2023)
(DBN)

Secret Service Agents On Arnold & Porter Associate's Detail Fired Shots During Attempted Car Break-In
(DBN)

Jack Smith is fed up with Trump's repeated attempts to delay his Jan. 6 trial in DC Jack Smith's team says Trump wants a 'carnival' at his election interference trial Federal Prosecutors Object to Trump Request for Broadcast of Election Trial Trump Demands The Right To Turn Election Fraud Case Into Pay-Per-View UFC Event Trump’s legal team asks for federal election subversion trial to be televised Trump continues attacks on special counsel Jack Smith, references his family Trump says special counsel Jack Smith and others will end up in a mental institution if he's re-elected New book details Trump lawyers’ secret meeting with Jack Smith ahead of DC indictment
(DBN)

'The boss is not going to leave': Proffer videos show ex-Trump lawyers telling Georgia prosecutors about efforts to overturn 2020 election Jenna Ellis' testimony about 'the boss' not wanting to leave office could be 'game over' for Trump, legal analyst says Former Trump loyalists who pleaded guilty in Georgia criminal case shed light on election reversal efforts in conversations with prosecutors
(DBN)

Ex-Senior Trump Official: He’s A ‘Traitor’ And ‘A Clear And Present Danger’
(DBN)

Trump Lawyers Bumble As Second Carroll Case Looms
(DBN)

Trump will file for mistrial in NY fraud case ‘very soon,’ attorney says
(DBN)

Donald Trump Gets Good News as Dominoes in Georgia Case Fall
(DBN)

Judge Cannon keeps Trump classified documents trial scheduled for May
(DBN)

'Sedition Hunters' helped nab National Guardsman who used chemical spray amid Jan. 6 riot
(DBN)

Judge Lutting: I'm More Worried Today Than on Jan. 6
(DBN)

Trump lawyers fight to keep him on Michigan ballot in 14th Amendment case
(DBN)

Naomi Biden's Secret Service detail fired gun after witnessing vehicle break-in attempt
(DBN)

The Legal Double Standard That’s Rarely Discussed
(DBN)

One year after University of Idaho murders, here’s where Bryan Kohberger’s trial stands University of Idaho student killings one year later: Motive keeps mystery alive
(DBN)

A top Hollywood agent's son hired day laborers to move 3 trash bags full of body parts, workers say
(DBN)

An AR-15 ammunition factory built to supply the military shifted to commercial sales and is now tied to more than a dozen mass shootings
(DBN)

Dozens — if not hundreds — of migrants cross onto his land near San Diego every night
(DBN)

El Salvador slaps $1,130 fee on African, Indian travelers amid U.S. migration pressure
(DBN)

4 injured in random stabbings on the campus of Louisiana Tech University
(DBN)

Supreme Court rejects appeal of prisoner kept in solitary confinement for 3 years Liberal justices object as Supreme Court rejects prisoner's exercise claim
(DBN)

Cops Are Going Undercover for ‘Gas Station Heroin’ Busts
(DBN)

'They killed my son': Mom of man shot by police after she called for help sues
(DBN)

19-year-old Michigan man pleads guilty to threatening a mass shooting targeting Jewish people
(DBN)

Ex-reporter says he was fired by Fox News after calling out stolen election conspiracy
(DBN)

Police and protesters clash at Atlanta training center site derided by opponents as ‘Cop City’
(DBN)

Mail Thefts Increase as Postal Police Disappear
(DBN)

Most States Still Allow Slavery in Prison
(DBN)

Internal documents show the World Health Organization paid sexual abuse victims in Congo $250 each
(DBN)

Couple Arrested For "Fully Nude" Florida Frolic On Public Causeway
(DBN)

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Judges:

Jackson Walker Says Attorney Lied About Romance With Judge Law firm tied to bankruptcy judge resignation says former partner lied Texas Law Firm Says Former Partner Lied About Relationship With Judge
(DBN)

Supreme Court adopts ethics code, addresses ‘misunderstanding’ that justices feel unrestrained by rules US Supreme Court’s Ethics Code Borrows From Other Judges — But Not Always Supreme Court Adopts Ethics Code. Who Is Going To Enforce It? Justices all sign on to SCOTUS code of conduct that makes no mention of repercussions Supreme Court adopts code of conduct amid ethics scrutiny Supreme Court Announces Ethics Code for Justices SCOTUS Code of Ethics Has No Teeth
(DBN)

Maryanne Trump Barry, Donald Trump's sister and a former federal judge, dies at 86 Judge Maryanne Trump Barry Built More Bridges Than Her Brother On Trump: 'Doesn't read... is cruel... can't trust him... was a brat'
(DBN)

Menendez Judge Called Fair-Minded ‘Giant’ of New York Court
(DBN)

Judge criticizes serial rapist – and his victims – during sentencing hearing
(DBN)

O.J. Simpson trial judge supports judgeship of prosecutor he once cited for contempt
(DBN)

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Wall Street:

Stock futures are little changed as traders await key inflation report
(DBN)

RIP Goldman Sachs
(DBN)

One of Wall Street's biggest bears says a 'huge crash' is coming as markets are in the biggest credit bubble in history
(DBN)

Wall Street Bonuses Expected to Stay Flat or Decline -Study
(DBN)

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Layoffs:

Amazon cuts more than 180 jobs in gaming division
(DBN)

Chrysler Buyouts for Half Its Salaried Workers
(DBN)

LG announces 170 layoffs
(DBN)

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Bankruptcy Crimes:

Savannah Chrisley says she worries about her dad Todd after he faced 'retaliation' from prison guards over her social media posts
(DBN)

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Retailing:

Walmart, Costco and other companies rethink self-checkout
(DBN)

Home Depot earnings beat, but retailer offers a tepid outlook as sales slide
(DBN)

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Electricity:

Electricity Use Booms in Texas, a Harbinger for the Country - WSJ
(DBN)

PREPA bond parties make offer and file suits
(DBN)

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Education:

This Small College Was Out of Options. Will Its Creditors Give It a Break?
(DBN)

Muslim students feel abandoned by U. of Texas after Israelis disrupt Palestinian event
(DBN)

To Kill ‘To Kill a Mockingbird’ - The latest attempts to cancel the antiracist classic
(DBN)

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Fraud:

Complicit Defendants Lose, Sovereign Agency Wins in Eternal Madoff Litigation
(DBN)

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Festivals:

Coronation Park events organiser declared bankrupt
(DBN)

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Religion:

U.S. Catholic Bishops: Navigating Faith and Politics in an Evolving Landscape
(DBN)

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Economy:

When will the Fed Cut Rates?
(DBN)

US Inflation Report to Keep Fed Leaning Toward More Rate Hikes
(DBN)

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession Recession will hit the US in 2024 – so get ready for massive interest-rate cuts, UBS says
(DBN)

World economy to perform better than expected in 2024, says Goldman Sachs
(DBN)

October inflation report expected to show slower price growth
(DBN)

Meet the typical HENRY: Urban 32-year-olds with no kids who make a six-figure income and have a college degree
(DBN)

Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market Yellen Says She Disagrees With Moody’s Negative Outlook on US Moody’s warning on the massive U.S. debt burden has turned into a nonevent
(DBN)

Inside the strange, secretive rise of the 'overemployed'
(DBN)

What meditation can teach us about the economy
(DBN)

The Fed will shift to 'full-on accommodation' mode in 2024 with nearly 3 percentage points of rate cuts as economy slows, UBS says
(DBN)

New Speaker Mike Johnson faces first test as government shutdown looms Congress barrels toward shutdown with House GOP divided Democrat Dean Phillips says he’ll vote for Speaker Johnson’s CR proposal Looming shutdown serves as first major test for McConnell-Johnson relationship Facing defections, Speaker Mike Johnson will need Democrats to avert a shutdown GOP’s Johnson Turns to Democrats to Pass Plan to Avert Shutdown Mike Johnson Rebuked by Home State Newspaper
(DBN)

A Few Comments on a Possible Government Shutdown
(DBN)

New Census projections reveal when the US population may start declining
(DBN)

Most Americans think the economy should be in fairly good shape this time next year
(DBN)

IRS announces new income tax brackets
(DBN)

Billionaire Philanthropists Have Discovered a New Way to Give Away Their Fortunes
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Middle-class movers are heading to these three cities in search of affordability
(DBN)

Tough housing market is luring buyers without kids and higher incomes
(DBN)

Part 2: Current State of the Housing Market; Overview for mid-November
(DBN)

The Clearest Sign Yet That Commercial Real Estate Is in Trouble - WSJ
(DBN)

Housing November 13th Weekly Update: Inventory Mostly Flat Week-over-week
(DBN)

WeWork Files for Bankruptcy, Seeks to Renegotiate Hundreds of Leases WeWork to hand out $3.5M in bankruptcy bonuses WeWork Going Belly Up Is Not the Real Problem
(DBN)

100% of buyers now shop for homes online, new report says
(DBN)

Katy Perry earns legal victory in years-long battle for $15 million Montecito home
(DBN)

How much you need to make to afford a home in America
(DBN)

____________

Labor:

There’s another Christian movement that’s changing our politics. It has nothing to do with whiteness or nationalism
(DBN)

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Politics:

Internal State Dept. memo blasts Biden, U.S. policy on Israel-Hamas war Blinken acknowledges disagreements within State Department on Israel-Hamas war in email to staff
(DBN)

A Town That Has Been a Refuge for Jews and Muslims Now Sees Divisions
(DBN)

'March for Israel' rally to condemn rising antisemitism at D.C.'s National Mall
(DBN)

Jewish Americans praise Biden's handling of Israel as progressives call for cease-fire
(DBN)

I Survived the Holocaust. It's Starting to Feel Like the 1930s Again
(DBN)

Democratic Aides in Congress Break With Their Bosses on Israel-Hamas War
(DBN)

Rashida Tlaib, Censured by the House, Is Praised and Condemned at Home
(DBN)

Trump allies pre-screen loyalists for unprecedented power grab
(DBN)

MAGA-dominated state Republican parties plagued by infighting, money woes
(DBN)

Trump campaign defends "vermin" speech amid fascist comparisons Chilling rhetoric from Trump as he lays out second term plans
(DBN)

Liz Cheney says RNC chair ‘collaborating’ with Trump’s ‘Nazi propaganda’
(DBN)

Poll shows Trump beating Biden in the electoral college but losing the popular vote in 2024 race
(DBN)

‘I’m Gonna Have You Thrown Off This Train!’ Senate Democrat Battles a Far-Left Blogger on Amtrak Ride
(DBN)

I Was Obama’s 2012 Campaign Manager. There’s No Need to Panic Over Biden If Biden can't run a normal campaign, he should step aside
(DBN)

Nazi-Curious Madman Currently Under Indictment For 91 Felonies Gives Speech
(DBN)

Oh Great, the QAnon Shaman Is Running for Office Now
(DBN)

Trump ‘demanded a straight-up quid pro quo’ from Kim Kardashian, later broke with her over Biden: Book
(DBN)

Trump wants to turn the government into a weapon for personal revenge
(DBN)

Nikki Haley Poaches Donors From Republican Rivals
(DBN)

Sinema left the Democratic Party. Democratic donors left her too.
(DBN)

How a Democratic governor won again in deep-red Kentucky
(DBN)

House Republicans are jumping off the sinking ship
(DBN)

____________

Climate:

How Much Can Trees Fight Climate Change? Massively, but Not Alone, Study Finds.
(DBN)

Climate Change’s $150 Billion Hit to the U.S. Economy - WSJ
(DBN)

In fight to curb climate change, a grim report shows world is struggling to get on track Countries’ emissions plans put the world ‘wildly off track’ to contain global heating, UN assessment shows
(DBN)

Five Takeaways From a Sweeping Report on Climate Change in the US
(DBN)

Climate change affects your life in 3 big ways, a new report warns
(DBN)

What Happens After the World Reaches Net-Zero Emissions?
(DBN)

Nowhere Is Safe From Worsening Climate Change, New US Report Warns No place in the US is safe from the climate crisis, but a new report shows where it’s most severe
(DBN)

EVs Are the Only Bright Spot in Climate Fight, Study Shows
(DBN)

____________

Crypto:

Crypto Crashed and Everyone's In Jail. Investors Think It's Coming Back Anyway.
(DBN)

He made a massive fortune. Now he’s facing 110 years in jail
(DBN)

The Tax Implications of Sam Bankman-Fried’s Conviction
(DBN)

FTX Foundation staffer fights for $275K bonus promised by SBF
(DBN)

FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules
(DBN)

____________

Media:

A former Fox News reporter who is refusing to divulge her sources could be held in contempt of court
(DBN)

____________

Autos:

Stellantis, suppliers get OK to take tooling from bankrupt Auburn Hills company
(DBN)

____________

History:

A century later, U.S. Army overturns convictions of 110 Black soldiers
(DBN)

____________

Tech:

OpenAI recruiters are trying to lure Google AI employees with $10 million pay packets, report says
(DBN)

____________

New Bankruptcy Opinions
(3 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)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Surge in PFAS Litigation Raises Bankruptcy Fears Among Downstream Users of PFAS
(DBN)

Under Pressure, Columbia Pledges $100 Million to Patients Doctor Abused
(DBN)

What's 43 Years Among Friends?
(DBN)

____________

D&O:

Sam Bankman-Fried Case Provides Lessons on Fraud and D&O Insurance
(DBN)

____________

Avoidance Actions:

Eighth Circuit Holds Avoidance Actions May Be Sold Under § 363
(DBN)

____________

Standing:

Standing Room Only: SCOTUS Accepts Review of Circuit Split on Whether Insurer is a Party in Interest in Policyholder’s Bankruptcy
(DBN)

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Subchapter V:

Confirmation of First Known Sub V Prepack
(DBN)

____________

Aviation:

Thanksgiving shutdown sets up nightmare scenario for travels How a government shutdown could upend holiday travel
(DBN)

Hidden cameras capture passenger who uses wheelchair struck by lift on Air Canada flight
(DBN)

Gospel Singer Who Wouldn’t Stop Singing on on Plane Was Threatened With Removal
(DBN)

Airlines are feeling the impact of the Israel-Hamas war, with bookings already hit
(DBN)

____________

Healthcare:

Ban On Surprise Medical Bills Pushes More Health Bonds To Brink
(DBN)

‘An extreme response’: Republicans move to kill Trump’s HIV-fighting program
(DBN)

AI predicts heart attacks years in advance
(DBN)

Men in the U.S. are dying nearly six years before women
(DBN)

Doctors grapple with patients' demand for weight-loss drugs
(DBN)

Can’t Think, Can’t Remember: More Americans Say They’re in a Cognitive Fog
(DBN)

Scientists Warn of Parents' Soaring Melatonin Use
(DBN)

____________

Transit:

Proterra Announces Results of Chapter 11 Sale of the Proterra Transit and Energy Business Lines
(DBN)

I-10 fire closure scrambles Los Angeles traffic Arson is behind the massive fire that shut down the 10 Freeway, officials say
(DBN)

____________

Banking:

Banking regulator with ‘party culture’ rife with sexual harassment complaints, strip club invites: report
(DBN)

____________

Social Media:

Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows
(DBN)

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Sovereigns:

Sri Lanka to Use Budget to Meet Some IMF Pledges as Polls Near
(DBN)

____________

UK:

Monthly Insolvency Statistics, October 2023
(DBN)

Nottingham City Council confirms it may not balance budget amid possible bankruptcy
(DBN)

London Boroughs Buy £300 Million of Property to Move Homeless
(DBN)

UK Wage Growth Slows in a Sign of Fading Inflationary Forces
(DBN)

____________

Canada:

Bad Boy Furniture aiming to restructure business as it faces 'challenging' economy
(DBN)

____________

Russia:

Ukraine plans to use winter to cut off Russia's military supply chains and 'freeze them out' of the country, official says
(DBN)

Russia ramps up attacks on key cities in eastern Ukraine
(DBN)

Attacks Intensify on Russian Forces in Occupied Regions of Ukraine
(DBN)

Google fined $164,000 for failing to store user data inside Russia
(DBN)

Next Year Will Be ‘Decisive’ in War, Ukrainian Official Says
(DBN)

Russia Oil-Export Revenues Drop on Sanctions, Cheaper Crude The West Mulls Stricter Sanctions As Russia Circumvents The Oil Price Cap
(DBN)

Ukrainian Military Officer Accused of Attack on Nord Stream Gas Pipeline
(DBN)

Turkish Approval for Sweden’s NATO Bid Draws Closer
(DBN)

____________

MENA:

Hamas has command node under Al-Shifa hospital, US official says Efforts to evacuate some of Gaza’s biggest hospitals appear to be failing President Biden says hospitals in Gaza 'must be protected' Doctors race to save newborns as Israel says it’s battling Hamas around Gaza’s largest hospital Two More Major Gaza Hospitals Close Reporter goes into basement of a children’s hospital in Gaza with Israeli forces. See what he saw Gaza Hospital Evacuation Abandoned Amid ‘Shelling and Shooting’ White House says Hamas is holding 3-year-old American toddler hostage Israel 'days away' from hostage deal, Hamas pushes for five-day truce Hamas has held some Israeli hostages since long before Oct. 7. ‘Nakba 2023’: Israel right-wing ministers' comments add fuel to Palestinian fears Israel Threatens to ‘Eliminate’ Photojournalists Who Documented October 7 Attack
(DBN)

Hezbollah Increases Attacks on Israel
(DBN)

US forces have been attacked at least 4 times since Sunday strikes in Syria
(DBN)

America Is Losing Control
(DBN)

‘We’re already in a wider war’
(DBN)

Protests sweep around the globe as Israel’s war in Gaza grinds on Israel-Hamas war stokes tensions in Europe
(DBN)

Israel’s free speech crackdown: ‘War inside of a war’
(DBN)

____________

Mexico:

No fun in Acapulco: Smashed buildings, overturned boats and broken lives in wake of Hurricane Otis
(DBN)

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Brazil:

'Anxious and tense': Jews on edge after terrifying Brazilian terror plot foiled
(DBN)

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South Korea:

More people unable to repay debt amid high interest rates, slow economy
(DBN)

____________

China:

China Copper Giant’s Downfall Sealed as Court Accepts Bankruptcy
(DBN)

China Mulls $137 Billion of New Funding to Boost Housing Market
(DBN)

PE Firms Get Trapped in China After $1.5 Trillion Betting Spree
(DBN)

Businesses Are Pulling Billions Out of China DHL Sees More China Manufacturers Joining Offshore Factory Push
(DBN)

U.S.-China relations are now more about crisis prevention
(DBN)

____________

Denmark:

Danish Economy Slips Into Recession Amid Pharmaceutical Decline
(DBN)

____________

Australia:

What Causes a Successful Invalidation of a Bankruptcy Notice? A Case Analysis on Defective Bankruptcy Notices
(DBN)

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