September 20, 2023

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The Global 200: The Richest Law Firms In The World (2023)
(DBN)

Where Can Associates Get The Biggest Bang For Their Biglaw Buck?
(DBN)

Top Biglaw Firm Announces Its First Female CEO In History
(DBN)

David Boies reveals $2,110 billing rate in Deutsche Bank fee bid
(DBN)

Yale Law School Director Resigns And Apparently We Need To Keep Reminding People Not To Hit On Their Students
(DBN)

Remote General Counsel Go Extinct As In-House Legal Departments Move To 'Hard Hybrid' World
(DBN)

Sidley sets four day office week
(DBN)

Not Really Sure How Mississippi's Public Defender Program Has Worked The Last Two Decades Mississippi Courts Won’t Say How They Provide Lawyers for Poor Clients
(DBN)

The Paul Weiss v. Kirkland Lateral Hiring Duel Could Inspire Other Firms To Make Major Moves
(DBN)

Attorney General Merrick Garland: ‘I am not the president’s lawyer’ and ‘I am not Congress’s prosecutor’
(DBN)

Law Review Creates Blackface Trophy For Bluebooking And It's As Awful As It Sounds
(DBN)

Perkins Coie And MoFo Prepare For Diversity Spite Suits
(DBN)

Good News, Everyone: Bar Exam Pass Rates Are Officially Up Over Last Year
(DBN)

Imagine If Law Schools Cared As Much About Affordable Tuition As They Do About ChatGPT!
(DBN)

2 partners ‘repeatedly hounded’ attorney, making her job impossible, $20M sexual harassment suit says
(DBN)

‘I feel proud of myself that I stood up,’ law prof says after $750K bias settlement is approved
(DBN)

Lawyer suspended for trying to attend 2 online CLE programs at once
(DBN)

Covington settles SEC suit demanding names of clients affected by data breach
(DBN)

Alex Murdaugh Agrees to Plead Guilty to Federal Charges
(DBN)

10th Circuit upholds ban on firearms for felon convicted of check fraud
(DBN)

Ray Epps, center of a Jan. 6 conspiracy theory, is charged with a misdemeanor over the Capitol riot Judge rejects defense effort to throw out an Oath Keeper associate’s Jan. 6 guilty verdict
(DBN)

GOP fake electors charged in Georgia try to move case to federal court
(DBN)

Fact check: Trump falsely claims Raffensperger said former president ‘didn’t do anything wrong’ on their 2021 phone call
(DBN)

Rudy Giuliani's Got 99 Problems. Or 1.4 Million. Or A Hundred Million? Who Can Keep Track? Rudy Giuliani says it's a 'real shame' his lawyers want the $1.3 million he allegedly owes
(DBN)

New witness testimony disputes IRS whistleblower's Hunter Biden claims Jordan demands documents from Hunter Biden probe, interview with top prosecutor Hunter Biden’s lawyers say he'll plead not guilty to gun charges, but they want a virtual arraignment
(DBN)

Judge rules no conflict in hush money case for Trump attorney Joe Tacopina
(DBN)

Man accused in deaths of 18 elderly women in Texas killed in prison by his cellmate
(DBN)

Public defender had 'personal relationship' with inmate, gave him info about victim: Cops
(DBN)

Alabama band director tased, arrested after HS football game for refusing to stop performance
(DBN)

School must recognize Christian student club with anti-same-sex-marriage affirmation, en banc appeals court says
(DBN)

Black Texas student given additional suspension for loc hairstyle
(DBN)

Indiana AG faces ethics charges for these comments on doc who provided abortion to 10-year-old
(DBN)

West Virginia man pleads guilty to obstructing Pittsburgh synagogue shooting trial
(DBN)

Anti-affirmative action group sues West Point over race-conscious admissions
(DBN)

DeSantis' Relentless War Against Disney
(DBN)

Mexican firm stops sending freight trains north to U.S. border as 'unprecedented' number of migrants hitch rides
(DBN)

Denver DA declines charges against Lauren Boebert for 'inappropriate' behavior during 'Beetlejuice' date
(DBN)

Woman sentenced after pleading guilty to shooting her neighbor because of barking dogs
(DBN)

Man shot in head protecting sister from jealous sword-wielding ex-boyfriend: Cops
(DBN)

Man looked up 'choke hold' shortly before strangling pregnant girlfriend to death: Cops
(DBN)

Blood-covered woman in Mustang flags pastor down at church, leads deputies to body
(DBN)

Texas sheriff's deputy fired and arrested after leaving baby inside hot car for hours
(DBN)

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Judges:

US judiciary can keep operating for 2 weeks if government shuts down
(DBN)

It’s Time For A #MeToo Movement In The Judiciary
(DBN)

9/11 Judge Announces Retirement After Nearly 2-Year Delay in Hearings
(DBN)

Most Of America Is Just As Dumb As Amy Coney Barrett
(DBN)

'Jolly useful': Court of Appeal judge’s verdict on ChatGPT
(DBN)

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Wall Street:

Stock futures rise ahead of Fed decision as oil prices decline
(DBN)

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Layoffs:

Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
(DBN)

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Labor:

UAW justifies wage demands by pointing to CEO pay raises. So how high were they? GM’s CEO made $29 million last year. Here’s how she defends her pay as workers are on strike Here’s how much CEOs of striking autoworkers made last year GOP senator: UAW should force Biden to stop subsidizing EV industry Why the UAW strike might be demanding too much Biden and Mary Barra are buds. It could affect the strike. Could the UAW strike last 11 weeks? It could be even longer How Detroit automakers misread the UAW’s fiery leader, ‘Hurricane Fain’ Why is the UAW on strike? These are their contract demands as they negotiate with the Big Three Car buying was finally getting better. The auto workers' strike will make it bad for everyone again Who’s to blame for the United Auto Workers strike? Start with Wall Street ‘I want to work’: UAW members face financial turmoil amid strike, share frustrations
(DBN)

Ford Avoids Strike in Canada with New Deal
(DBN)

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Crypto:

Appeals court skeptical of Sam Bankman-Fried's push for release from jail
(DBN)

FTX prosecutors seek to pause sprawling civil case until Bankman-Fried is tried The SBF Trial: How Did We Get Here?
(DBN)

Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
(DBN)

Stanford University says it will return the 'entirety' of millions of dollars in gifts it received from bankrupt crypto firm FTX
(DBN)

Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
(DBN)

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Economy:

What Jerome Powell says now matters more than what the Fed actually does
(DBN)

These US cities have been hot spots for inflation since last year
(DBN)

‘All over the place’: What’s next for the U.S. economy
(DBN)

Inflation Is Down, Disinflation Denial Is Soaring
(DBN)

'Bond King' Jeffrey Gundlach warns of 'demons on the horizon' for stocks - and predicts a dollar disaster and recession next year
(DBN)

Why some economists still think a recession is coming
(DBN)

Yellen says U.S. 'soft landing' can weather strike, govt shutdown, student loan risks
(DBN)

US housing starts fall to lowest level since 2020 in worrying sign for the economy
(DBN)

Hot girl summer is about to come to a crashing halt, and winter is coming for women
(DBN)

House GOP tensions in shutdown drama boil over House GOP in open warfare over doomed spending plan House GOP pulls key vote on stopgap spending bill amid conservative opposition Yellen: McCarthy needs to ‘do his job’ on funding government McCarthy scrambles: House punts key vote as rebellion rages GOP defectors sink McCarthy effort to advance Pentagon funding bill Spending "clown show" ignites House GOP discord McCarthy Suffers Pair of Stinging Defeats McCarthy Capitulates Again as House GOP Implodes Spectacularly Over Spending Bill One potential solution that could prevent a government shutdown White House issues a stark warning over looming government shutdown McConnell: Shutdowns a Loser for Republicans Republican infighting paralyzes the House as some call a shutdown inevitable
(DBN)

LA Port Inbound Traffic Down YoY in August
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing starts unexpectedly plummet to lowest level since 2020 Housing Starts Decreased to 1.283 million Annual Rate in August August Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction
(DBN)

Weekly mortgage demand increases, driven by a strange surge in refinancing MBA: Mortgage Applications Increased in Weekly Survey
(DBN)

Why America's housing crisis has hit a new inflection point
(DBN)

The US housing market is headed for the largest sales slowdown since 2011, Fannie Mae says
(DBN)

JLL lists nonperforming $240M loan on 61 Broadway
(DBN)

Louisiana is the latest state to fall in the face of rising insurance costs
(DBN)

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Oil/Gas:

The Fed's Next Challenge: $100 Oil
(DBN)

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Healthcare:

UpHealth subsidiary files for bankruptcy after unfavorable court ruling
(DBN)

Facing higher health costs, employers get tough
(DBN)

Fentanyl-Laced Coke and Meth Is Not Fueling America's Overdose Crisis
(DBN)

Mark Cuban Pounds Anti-Vaxxers
(DBN)

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Climate:

Low Mississippi River limits barges just as farmers want to move their crops downriver
(DBN)

Top Carbon Offset Programs May be Bunk
(DBN)

7 myths about hydrogen power debunked
(DBN)

Fighting ‘the beast’: Inside the desperate quest to save Lahaina
(DBN)

What Cities are Livable After Climate Change?
(DBN)

UK signals green policy delays to not 'bankrupt the people'
(DBN)

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Nursing Homes:

Few nursing homes meet proposed staffing requirements: analysis
(DBN)

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Tech:

The summer is over, schools are back, and the data is in: ChatGPT is mainly a tool for cheating on homework.
(DBN)

Billions to Connect Everyone to High-Speed Internet Could Still Fall Short
(DBN)

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Politics:

Poll: Americans' trust in political system at new lows America's Trust in Government Drops Even More
(DBN)

America’s Reputation, by the Numbers
(DBN)

Trump Demands That GOP Invoke 25th Amendment To Get Rid Of Biden. Because Trump Is Deeply Ignorant Of The Constitution.
(DBN)

Signs of Trump’s advantage in New Hampshire are easy to come by
(DBN)

Indicted Trump claims solidarity with Black voters
(DBN)

6 GOP candidates have qualified for second debate, campaigns say
(DBN)

JFK grandson on video criticizing RFK Jr.: ‘I’m glad I did it’
(DBN)

Fetterman jabs Boebert in response to Fox News dress code coverage
(DBN)

Boebert breaks it off with ‘Beetlejuice’ date after headlines over her behavior at performance Lauren Boebert's Excuse for Theater Fondling Raises Questions
(DBN)

GOP to hold first impeachment hearing next week, subpoena Hunter Biden bank records
(DBN)

The Freedom Caucus rebel who's pals with Liz Cheney — and opposes impeachment
(DBN)

'Sound of Freedom' inspiration Tim Ballard resigned from child rescue group after misconduct reports ‘Sound of Freedom’ Producer Felt the Naked Breasts of Apparently Underage Trafficking Victim
(DBN)

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Insurance:

Jurisdictional difference as US court upholds Vesttoo stay
(DBN)

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Theme Parks:

Disney to Double Investments in Parks
(DBN)

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Water:

Midwest Towns Scrambling for Drinkable Water
(DBN)

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Celebs:

Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years
(DBN)

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Utilities:

‘The Wildfire Litigation Industry’ Takes On Hawaiian Electric
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Corporate Bankruptcies Increase and Are a Warning Sign
(DBN)

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Mass Torts:

Are Third-Party Releases Proper?
(DBN)

Alex Jones Defends $100,000 a Month Lifestyle Amid Bankruptcy Alex Jones denounces Sandy Hook families’ ‘histrionic attacks’ about his bankruptcy spending
(DBN)

'Texas Two-Step' Is Only Path to Talc Claim Payouts, J&J Litigation VP Tells Senate Panel
(DBN)

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Executory Contracts:

Diamond Sports Group swings for the fences (and strikes out)
(DBN)

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D&O:

Looking Ahead to 2024: A Guide for D&O Insurance Renewals
(DBN)

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Mootness:

Equitable Mootness Doctrine At U.S. Supreme Court (U.S. Bank v Windstream)
(DBN)

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Contempt:

Second Circuit Affirms Bankruptcy Courts’ Inherent Authority to Impose Civil Contempt Sanctions
(DBN)

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Aviation:

iAero Airways files for Chapter 11 bankruptcy protection
(DBN)

Family says 14-year-old daughter discovered iPhone taped to back of toilet seat on flight to Boston
(DBN)

This world-class airport will soon go passport-free
(DBN)

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Autos:

GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says
(DBN)

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Education:

The Ultra-Wealthy Are Paying Up to $750,000 for Counseling to Get Their Kids Into Harvard
(DBN)

Conservative content bans move from classroom to web
(DBN)

Texas Teacher Fired for Assigning Anne Frank Book to Class
(DBN)

An East Texas principal was arrested after paddling a student
(DBN)

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Trucking:

Teamsters Urge Senate to Begin Bankruptcy Reform Hearings on Yellow
(DBN)

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Sovereigns:

Despite a $3 billion bailout, Ghana has essentially gone bankrupt
(DBN)

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UK:

What might bankrupt Birmingham city council be forced to sell to pay its bills?
(DBN)

UK to appoint commissioners to run 'bankrupt' Birmingham
(DBN)

Medway Council could face bankruptcy as report warns of massive cash shortfall
(DBN)

Council recovery likely to be 'brutal and painful'
(DBN)

Liverpool 'not at financial brink' but could face 'difficult decisions' in future warns leader
(DBN)

Bankrupt Digital Health Company Babylon Sells U.K. Assets For Just $620,000 The Fall of Babylon Is a Warning for AI Unicorns
(DBN)

Inflation surprise puts a rate-hike pause back on the table for Bank of England
(DBN)

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Russia:

Ukraine's capture of two villages shows 'severe degradation' of Russia's defending troops, experts say
(DBN)

Russia’s energy trade is making a comeback amid soaring global oil prices
(DBN)

Biden makes impassioned plea at UN, warns world can't abandon Ukraine Biden warns against allowing Russia to "brutalize Ukraine" with no consequence Zelenskyy seeks to rally fatigued allies at UN
(DBN)

Zelensky asks why UN has place for ‘Russian terrorists’
(DBN)

Zelensky calls Russia's actions in Ukraine "clearly a genocide"
(DBN)

Kevin McCarthy warns ‘I have questions’ on Ukraine aid ahead of Zelensky visit to DC
(DBN)

Austin urges nations to dig deep and give Ukraine more much-needed air defense systems
(DBN)

Pentagon warns a government shutdown could disrupt US military aid to Ukraine
(DBN)

Ukraine hits back at NYT report it accidentally bombed its own market
(DBN)

Russian soldiers working as double agents are killing their comrades for cash and the chance to live abroad, report says
(DBN)

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China:

Country Garden Leaves Bondholders in Dark as Interest Unpaid
(DBN)

BlackRock downgrades Chinese stocks as conviction sours amid property slump and stimulus policy limp
(DBN)

Biden: US seeks to keep relationship with China from tipping into conflict
(DBN)

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BVI:

Bankrupt businesses endangering lives, staying open for pride
(DBN)

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Germany:

Germany went from envy of the world to the worst-performing major developed economy. What happened?
(DBN)

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MEAN:

Americans question whether Israel shares U.S. values, poll finds
(DBN)

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France:

'Not a Tsunami, But Definitely a Wave': Restructuring is Having a Moment in France
(DBN)

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India:

Insolvency & Bankruptcy Code cannot be used as tool for recovery: NCLT
(DBN)

IBBI’s game changing reforms: Bridging gaps & boosting efficiency in corporate insolvency
(DBN)

Key trends shaping debt resolution under IBC
(DBN)

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