April 18, 2024

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Why Do So Few Law Firms Still Have An 8-Year Partnership Track?
(DBN)

This Biglaw Firm Had A Pretty Successful 2023
(DBN)

Law School Brings Serious BDE (Big Diploma Energy)
(DBN)

The 2024 Am Law 100 Ranking Is Here!
(DBN)

An Exit Interview With A Top Law School’s Dean: Risa Goluboff
(DBN)

Weil Revises Partner Pay Criteria, as Firm Plots Leadership Succession
(DBN)

4 data security considerations for GCs when engaging contract lawyers
(DBN)

A Big Week For Not Knowing The Law
(DBN)

The Case Against Using The Term ‘Nonlawyer’
(DBN)

Ex-Big Law Corporate Defenders Explain Why They Now Help Fund the Opposite Side of the 'V'
(DBN)

DOJ Bankruptcy Unit Opposes Invitae’s Bid to Hire Kirkland
(DBN)

Toobin implies Trump remarks after court may hurt him if played for jury Trump slams number of strikes allowed against jurors in hush money trial Donald Trump Falsely Claims He's Supposed to Have 'Unlimited' Strikes During Hush Money Trial Jury Selection Two Biglaw Attorneys Have Made Their Way Onto The Trump Hush Money Jury 2 of Trump’s jurors are lawyers. Would they acquit on a technicality? Donald Trump's Mad About How Jury Selection Is Going So Far Trump had to endure memes about him during jury selection Trump trial jury selection process follows a familiar pattern with an unpredictable outcome Fact-check: Trump misleads on jury selection, request to Judge Merchan for time off Fact-Checking Trump’s Defenses in His Court Cases Ex-prosecutor ‘worried’ about Trump jurors’ safety George Conway: Trump doesn’t have ‘complete ability’ to control himself in courtroom And on the third day, Trump rested. Why the hush money trial goes dark on Wednesdays Alvin Bragg Reveals Trial Plan Against Donald Trump Defendant Trump Heads to Harlem to Rail Against Crime, and Alvin Bragg If Trump testifies at NY criminal trial, prosecutors want to use his past legal run-ins to discredit him to jury Prosecutors seek to ask Trump about civil fraud, E. Jean Carroll cases and more if he testifies in hush money case Oh Great, We've Moved Onto The Accusations Of Jury Tampering Stage Of The Trump Hush Money Trial ‘It’s a Very Winnable Case’: Three Writers Dissect the Trump Trial Here are the witnesses expected at Trump’s hush money trial
(DBN)

Trump lawyers say Stormy Daniels refused subpoena outside a Brooklyn bar, papers left ‘at her feet’
(DBN)

Trump could have helped response to Jan. 6 riot — but didn’t — per new testimony
(DBN)

Criminal tax evasion complaint filed as Trump heads back to court
(DBN)


'Absurd': Expert predicts Trump's last-minute fraud bond will be rejected
(DBN)

Stepson of Ex ‘Real Housewives’ Star Arrested on Jan. 6 charges
(DBN)

Prosecutions of Fake Electors for Trump Gain Ground in Swing States
(DBN)

Comer: Criminal referrals in Biden probe could come ‘within weeks’
(DBN)

Giuliani’s bankruptcy could cost him his apartment, his jewelery and, perhaps worse, his Joe DiMaggio shirt
(DBN)

Bill Barr: The GOP's master 'fixer' for decades exposed
(DBN)

‘Ken, You Lost This Case’: Texas AG Mocked for Absurdly Claiming a ‘WIN’ After Supreme Court Rules 9-0 Against Him Lawyers for Texas rancher blast Paxton’s claim of Supreme Court win
(DBN)

Supreme Court Backs Police Officer in Job Bias Case Job transfers can be discriminatory without needing to show significant harm, SCOTUS rules
(DBN)

How Arizona's 1864 abortion ban stayed on the books Arizona House Republicans again block repeal of 1864 abortion ban
(DBN)

4th Circuit allows transgender girl to stay on West Virginia track team
(DBN)

Abortion Is Remaking Our Political Landscape. Why Aren’t Guns? Sweeping gun legislation approved by Maine lawmakers after mass shooting
(DBN)

American Teens Are Getting Arrested for Smuggling Migrants US judge tosses Republican-led states' challenge to Biden asylum policy
(DBN)

O.J. Simpson never paid the Goldmans the millions he owed them. Can they finally collect?
(DBN)

Woman Called Cops Over Bad Batch Of Meth
(DBN)

Kohberger's alibi disputes his location on night of Idaho student killings
(DBN)

Mail carriers face growing threats of violence amid wave of robberies
(DBN)

Uber is helping investigators look into account that sent driver to Ohio home where she was killed
(DBN)

Nine People, Including an Airline Worker, Are Arrested in $14.5 Million Gold Heist Air Canada Employees Are Suspects in Toronto Airport Gold Heist
(DBN)

Woman Admits Killing Pregnant Teenager for Her Baby
(DBN)

Hack on a Texas water system may be the first of its kind by Russian hacking group
(DBN)

FBI on alert for threats to the Jewish community ahead of Passover, director says
(DBN)

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Judges:

Notice of Vacancy - Term Law Clerk - Northern District of Mississippi, Aberdeen
(DBN)

BK ND FL: The Disclosure Statement Newsletter
(DBN)

Ketanji Brown Jackson Rails Against Supreme Court's Over Use Of Shadow Docket
(DBN)

'No-nonsense' Merchan judging Donald Trump
(DBN)

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Wall Street:

Stock futures are little changed after S&P 500 posts a fourth losing day
(DBN)

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Layoffs:

Tesla has begun sending out severance info to laid-off workers. Here's how much they're getting. Elon Musk says in email that Tesla sent ‘incorrectly low’ severance to some laid-off employees
(DBN)

Google's laying off more people, shifts roles to other countries Google lays off workers as part of ‘pretty large-scale’ restructuring
(DBN)

UBS Plans Next Round of Layoffs in Credit Suisse Integration
(DBN)

Google fired 28 employees for staging in-office protests against the company's contract with Israel
(DBN)

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Tech:

Having ChatGPT experience could trump a college degree, nearly half the business leaders in a survey said
(DBN)

Tesla asks shareholders to help Elon Musk get paid $56 billion Tesla’s Board Backs a Pay Package for Elon Musk Struck Down by Judge Why Tesla wants to give Elon Musk a $55 billion pay package Maybe Elon Musk shouldn't have quite so many jobs
(DBN)

Trying to win the AI war is going to be expensive. Really, really expensive.
(DBN)

TikTok Divest-or-Ban Bill Moving on Fast Track Through Congress Chinese diplomats are quietly meeting with Hill staffers about TikTok
(DBN)

MaaS Global, creator of Whim app, acquired by umob following bankruptcy
(DBN)

Americans check their phones -- 144 times a day
(DBN)

Austin and NYC tech job boom towns: report
(DBN)

Trump Media Rallies 24% to Recoup Sliver of $5.8 Billion Slide With his Truth Social stock, Trump may be laughing all the way to the bank — but his investors have reason to weep
(DBN)

World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks soar
(DBN)

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Healthcare:

Experts reveal fascinating theory about Ozempic and why it appears to change people's entire personalities: 'It may warp the brain'
(DBN)

Routine jobs raise the risk of cognitive decline by 66% and dementia by 37%, study says
(DBN)

More trust themselves to manage their health as they shun institutions
(DBN)

WHO’s New AI-Powered Chatbot Is Giving Wrong Medical Answers
(DBN)

What is Gender Affirming Care for Trans Youth?
(DBN)

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Watches:

Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
(DBN)

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Gambling:

DraftKings Sued Over ‘Risk-Free’ Bets That Were Anything But
(DBN)

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Bicycles:

Pole Bicycles Files For Bankruptcy
(DBN)

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Radio:

Davis Media Acquires Jam Media Solutions Properties out Of Chapter 7 Bankruptcy
(DBN)

Fight Over Who Gets Deposit In Scrapped Kansas Station Sale Headed For Trial.
(DBN)

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Economy:

What Went Wrong With US Inflation
(DBN)

Whole Foods shopper is left in disbelief after paying $7 for an apple as she posts expletive-ridden rant
(DBN)

Mester Says Fed Can Hold Rates Steady, Not In a Hurry to Cut
(DBN)

Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
(DBN)

Fed's Beige Book: "Economic activity expanded slightly"
(DBN)

The U.S. may be entering a new era of persistently high interest rates
(DBN)

Who the U.S. economic safety net leaves behind
(DBN)

Foreign holdings of US Treasuries hit record high
(DBN)

It turns out the best way to get ahead in America is to leave
(DBN)

Fed Beige Book Sees Slight Growth, Moderating Wage Pressure
(DBN)

IMF Says US, China Debt Pose Risks for Global Public Finances
(DBN)

Jamie Dimon says the future of the world depends on whether the US can sort out its relationship with China
(DBN)

Impatience over stalled tax deal grows in Senate
(DBN)

What Would the Economy Look Like Under a Second Biden Term?
(DBN)

The US freight recession keeps getting deeper
(DBN)

Biden Seeks Higher Tariffs on Chinese Steel, Aluminum to Support US Firms Biden tries to stop the (Chinese) steel Biden wants to sell blue-collar workers the American Dream of a failing China
(DBN)

Trains, Trucks and Tractors: The Race to Reroute Goods From Baltimore
(DBN)

I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
(DBN)

LA Port Traffic Increased Year-over-year in March
(DBN)

FactCheck: “The United States is an outlier, one of only about half a dozen countries, without any guarantee of paid leave for new parents and/or other health care needs.”
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

4th Look at Local Housing Markets in March; California Home Sales Down 4.4% YoY in March
(DBN)

MBA: Mortgage Applications Increased in Weekly Survey
(DBN)

Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy WeWork seeking hundreds of millions dollars to exit bankruptcy WeWork's last remaining Miami Beach office is up in the air
(DBN)

Trump’s Advisers Want to Cut SALT Write-Off Limit to Below $10,000
(DBN)

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Municipalities:

Detroit home values increased nearly $4B since bankruptcy
(DBN)

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Oil/Gas:

Oil Holds Sharp Drop After US Stockpiles Expand to 10-Month High
(DBN)

How electric trucks are becoming the norm for moving cargo
(DBN)

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Autos:

Barclays slashes its Tesla stock price target by 20%, gives 3 reasons why next week's Q1 earnings call will disappoint
(DBN)

Google is trying to solve one of Americans' top concerns about having an EV
(DBN)

Airbag maker built from defunct Takata closing San Antonio office
(DBN)

Tesla reportedly halts all Cybertruck deliveries due to fatal flaw that causes EV to accelerate to top speeds
(DBN)

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Education:

Columbia officials say calls for the genocide of Jewish students would violate school policies Columbia leadership's "gross negligence" endangered Jewish students, Foxx says Stefanik Has Taken Aim at Elite College Presidents Republicans Grill Columbia Leaders on Antisemitism at Fiery Hearing 4 Takeaways From the Hearing on Antisemitism at Columbia University How to Define the Term ‘Antisemitism’ Is the Subject of Bitter Debate Schism in GOP could drive Johnson out Johnson turns to Democrats on Ukraine aid amid ouster threat
(DBN)

CFPB takes action against coding boot camp BloomTech and CEO Austen Allred for deceiving students and hiding loan costs
(DBN)

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Politics:

Incensed Democrats stoke GOP revolt against Mike Johnson Speaker Johnson plowing ahead with foreign aid despite conservative outrage Mike Johnson strikes first in foreign aid fight that threatens his job Johnson Pushes Ahead on Foreign Aid Bill, Teeing Up a Weekend Vote Mike Johnson Is Gambling His Speakership on Ukraine. He May Lose These Are Likely Contenders for House Speaker If Republicans Oust Johnson GOP House speaker tenures shrink as caucus fractures Nearly $61 billion for Ukraine. More than $26 billion for Israel. Here’s what’s in House aid bills House’s Ukraine and Israel aid package gains Biden’s support as Speaker Johnson fights to keep his job Ukraine, Israel aid package faces major challenge: Lost time GOP unveils national security bill as last piece of Ukraine aid package
(DBN)

What to know about the "podiumgate" audit involving Sarah Huckabee Sanders
(DBN)

Fox News columnist: Marjorie Taylor Greene ‘an idiot’ trying to ‘wreck the GOP’
(DBN)

‘Smiling his ass off’: How Trump used the New York bodega visit to return to form Trump Leaves His Trial to Rail Against Crime and Jab at Prosecutor How Trump is taking advantage of the hush money trial spectacle
(DBN)

Inside Trump's shadow grievance campaign
(DBN)

Biden chides Trump for being ‘a little busy right now’
(DBN)

Schumer says he will move to dismiss Mayorkas impeachment Senate Dismisses First of Two Impeachment Charges Against Mayorkas Mayorkas impeachment trial: Senate dismisses as 'unconstitutional' House Republicans subpoena DHS chief Alejandro Mayorkas
(DBN)

In surprise, Biden faces real threat from Trump with Hispanic voters
(DBN)

Trump cuts into Biden’s lead among young people, poll finds
(DBN)

Election handicapper moves Arizona Senate race to ‘leans Democratic’
(DBN)

Combatting cannibalism and jailing librarians: Idaho Democrats see opportunity in extreme GOP agenda
(DBN)

Steve Garvey’s tax debt dogs Senate bid
(DBN)

Oklahoma county GOP chair arrested in alleged murder-kidnap plot
(DBN)

Inside the Late-Night Parties Where Hawaii Politicians Raked In Money
(DBN)

Trump campaign asks GOP candidates using Trump’s name and likeness in fundraising to give it a cut
(DBN)

New Black congressional district in Louisiana
(DBN)

Kennedy family to endorse Biden in show of force against RFK Jr.
(DBN)

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Agribusiness:

California cracks down on water pumping: ‘The ground is collapsing’
(DBN)

Tom Selleck's Farm Destroyed by Drought 2015: Tom Selleck Villain of California Drought
(DBN)

America's Young Farmers are Burning Out
(DBN)

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Crypto:

Crypto Trader's Manipulation Trial Heads to Jury
(DBN)

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Food/Beverage:

Red Lobster, home of the endless shrimp, mulls bankruptcy after spoiling its customers with all-you-can-eat lobster: report Red Lobster Is Considering Bankruptcy Partly Due to $11 Million Loss from Endless Deal: Report Red Lobster reportedly weighs possible Chapter 11 bankruptcy filing as labor costs soar People Have Beyoncé and Biscuits on the Brain Following Report of Red Lobster Considering Bankruptcy
(DBN)

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Climate:

Shell says doing more to rein in global warming is 'unrealistic'
(DBN)

Dubai's record-shattering "rain bomb" has clear climate change ties UAE Leader Orders Damage Assessment After Record Rainfall
(DBN)

How Cloud Seeding Works and Why It’s Wrongly Blamed for Floods From Dubai to California
(DBN)

New study calculates climate change’s economic bite will hit about $38 trillion a year by 2049 Climate change will make you poorer, according to a new report
(DBN)

Wildfires Are Upending Some of the Safest Bets on Wall Street
(DBN)

Climate change to wreck global income by 2050, study shows
(DBN)

New York’s First Electric Skyscraper Promises Luxury With Lower Emissions
(DBN)

FEMA requests additional $9 billion for disaster relief fund
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11/9/12/15 Adversary Proceeding Filings (24 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Committees:

Official Committee Afterlife: Dismissal of the Chapter 11 Case Might Not Automatically Dissolve Its Committees
(DBN)

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Mass Torts:

Court sets vote in Rochester diocese bankruptcy case
(DBN)

Creditors reject Rockville Centre Diocese's final $200M offer
(DBN)

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Contracts:

Anticontract
(DBN)

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Aviation:

Alaska Air Sees Profit Above Estimates in Rebound From Max Woes
(DBN)

Boeing pushes back on whistleblower's allegations and details how airframes are put together Boeing Has ‘Long Way to Go’ to Fix Safety Culture After Accident What we learned from a day of Boeing hearings
(DBN)

Airline executives predict a record summer
(DBN)

SpiceJet Faces Another Insolvency Plea from Aircraft Lessors
(DBN)

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Insurance:

Insolvency leads to Go Insurance Company liquidation
(DBN)

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Retailing:

Rite Aid creditors blast $20M 'jackpot' planned for CEO when chain exits bankruptcy
(DBN)

US Retail Sales Top Forecasts as Consumers Keep Fueling Growth
(DBN)

99 Cents Only Stores puts property portfolio on the market in bankruptcy sale, including local stores
(DBN)

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Media:

NPR editor who alleged left-wing bias at network resigns
(DBN)

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Personal Finance:

The top 15 companies for career growth if you work in the US, according to LinkedIn
(DBN)

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Biotech:

Seattle biotech company NanoString to be acquired by Bruker for $392M, ending bankruptcy process
(DBN)

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Sports:

US sports broadcaster Diamond begins vote on bankruptcy restructuring
(DBN)

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Sovereigns:

New York’s Renewed Efforts to Pass Sovereign Debt Legislation
(DBN)

IMF moves to blunt Chinese debt deal delays with lending policy change
(DBN)

China refutes US 'debt trap' accusations, saying international creditors account for big chunk of developing countries' debts
(DBN)

Ghana’s External Debt Rework: Government rushed in announcing interim deal with private creditors
(DBN)

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UK:

Dentons Names New Restructuring Partner in London
(DBN)

Insolvency expert Manolete Partners reports revenue growth as higher interest rates bite
(DBN)

UK Litigation Funding post PACCAR – Tying up Loose Ends
(DBN)

Thames Water creditor backs plan to break up business Jeremy Hunt Says Thames Water Customers Shouldn’t Pay for Its Mistakes
(DBN)

Tax rebate firm Brooksdale collapses
(DBN)

Harry cut ties with Britain: Exiled prince lists US as primary residence for first time - amid deportation fears over past drug use Harry may be forced to settle claim against Sun publisher due to legal costs
(DBN)

Bank of England to cut rates in May, Morgan Stanley says
(DBN)

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EU:

The Weil European Distress Index – April 2024
(DBN)

Lagarde Says Euro-Zone Economy Is Showing Signs of Recovery
(DBN)

Frustrated farmers are rebelling against EU rules. The far right is stoking the flames
(DBN)

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Russia:

Russia will grow faster than the US and all other advanced economies this year, the IMF says
(DBN)

Ukraine May Have Just Crossed Putin's Nuclear Red Line
(DBN)

Ukraine was in trouble already — now it openly admits it's on track to lose
(DBN)

House Republicans have a wacky new plan to finally pass Ukraine aid Mike Johnson sets up weekend showdown on foreign aid bills
(DBN)

Crude, cheap and deadly: Russian glide bombs are pounding Ukraine into surrender
(DBN)

Russia to Hire Contract Soldiers in Bid to Avoid Unpopular Draft
(DBN)

Russia, Iran turning Israel and Ukraine into ‘battlefield laboratories,’ experts say
(DBN)

Short on rockets, Ukraine has had to get 'more selective' with its HIMARS attacks, soldier says
(DBN)

Fear and Hoarding on Ukraine’s Eastern Front
(DBN)

Here’s what Russian media is saying about Marjorie Taylor Greene’s push to end Ukraine aid
(DBN)

Front-line NATO countries will be staring down a 'battle-hardened Russia' able to more easily strike if Ukraine falls, war analyst warns
(DBN)

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MENA:

Israel considered striking Iran on Monday but decided to wait, officials say UK says Israel has decided to respond to Iran attacks amid fears of escalation Israel ponders a response to Iran’s attack, with each choice a risk Netanyahu Is Caught Between Hitting Iran and Heeding Allies
(DBN)

Iran Ship Linked to Houthi Attacks Sails Home Amid Israel Threat
(DBN)

U.S. Plans New Sanctions on Iran After Attack on Israel, Officials Say
(DBN)

Here’s Where Israel’s Military Offensive in Gaza Stands
(DBN)

U.N. Report Describes Physical Abuse and Dire Conditions in Israeli Detention
(DBN)

Palestinian president rejected U.S. requests to hold off on UN membership vote
(DBN)

Sex assault and brutal beatings: Iran renews violent hijab crackdown
(DBN)

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Venezuela:

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly U.S. Restores Oil Sanctions on Venezuela as Hopes Dim for Free Election
(DBN)

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Ecuador:

Ecuador introduces three-day working week
(DBN)

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Germany:

German Home Building Permits Tumble 18% in February, Extending Rout
(DBN)

German far-right firebrand in court for using Nazi slogan
(DBN)

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Brazil:

Brazil's proposal to tax super-rich gains momentum amid G20
(DBN)

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Saint Lucia:

Debtors, Creditors To Soon Benefit From Insolvency Legislation
(DBN)

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Australia:

ASIC insolvency data shows increase in companies failing
(DBN)

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