April 29, 2024

The Daily Bankruptcy News

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Law:

This Biglaw Firm Had A Very, VERY Good Year
(DBN)

Paul Weiss Effort To Expand Not Going As Well As Planned
(DBN)

Ex-Moody’s Counsel Admits to Not Filing Taxes on $54 Million
(DBN)

Law school failed to prepare 45% of junior associates for practice, survey finds
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Increased interest in LSAT forces additional test date
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These law schools sent the most graduates into Big Law jobs in 2023
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The Law Schools Where The Most Graduates Got Federal Clerkships (2023)
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Law School Moves Final Exam Location For Students Due To Campus Protests
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Biglaw Associates Battle It Out Over Custody Of Mini Poodle
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I took a 75% pay cut to ditch law for tech. The switch paid off and got me to Google.
(DBN)

Jonathan Turley Is So, So Close To Figuring Out Free Speech... And Yet So, So Far Away
(DBN)

Former judge calls Pecker an ‘outstanding’ first witness in Trump trial David Pecker testimony at Trump trial reveals the seedy underbelly of his tabloid journalism At Trump trial, Pecker says he killed story of affair even though it cost him What to know about David Pecker, the first witness in Trump's trial Why is David Pecker still in Trump’s good graces? Trump defense attorney pierces holes in state's case during David Pecker cross-examination Reporter describes moment ex-assistant rejected Trump's handshake in front of jurors Trump’s former assistant testified — reluctantly. Here’s what we learned from Friday’s witnesses The Trump Trial Takes a Turn Trump attorney’s embarrassing courtroom apology Trump’s Trial Could Bring a Rarity: Consequences for His Words Trump trial second week concludes with testimony from former secretary and banker Judge Merchan is trying to prevent Trump from testifying: Analysis Trump trial tests his campaign strategy of embracing bad publicity
(DBN)

Graham predicts Supreme Court will send Trump presidential immunity case to lower courts Jack Smith’s odds of putting Trump on trial this year are sinking Nixon White House lawyer flags case that proves Trump has 'no criminal immunity' Brett Kavanaugh's 'Jarring' Supreme Court Remarks Stun Legal Experts
(DBN)

Judge sentences Jan. 6 ‘chaos agent’ to 6 years in jail Utah man who filmed Ashli Babbitt's shooting sentenced over Jan. 6 riot Man gets prison time for storming Capitol on Jan. 6 with megaphone and 3.74-inch knife Cupcake-swiping Jan. 6 rioter blew off job to join Capitol raid, got fired: Feds
(DBN)

Jack Smith dismantles Trump valet's argument about uncharged Mar-a-Lago employees
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Government watchdog alleges Trump campaign broke the law trying to hide legal payments
(DBN)

Donald Trump: What his prison experience would look like if convicted in criminal case
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Trump allies face criminal trials in majority of key 2024 swing states
(DBN)

5 more Trump attorneys, aides publicly named in Az fake elector indictment
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Mean Judge Keeps Trump Apart From Doting Wife On Her Birthday. Send Money!
(DBN)

Flynn Family’s SLAPP Suit Against CNN Slapped Down By Judge
(DBN)

Giuliani tells bankruptcy judge appealing $148M defamation judgment will help to pay debts
(DBN)

Trump v. Clinton recusal flops come back to bite ex-WH policy analyst in Hunter Biden case
(DBN)

Harvey Weinstein taken to hospital after transferring to Rikers Island jail ahead of court appearance His Health's A 'Train Wreck'
(DBN)

Bill Barr Remarks About Donald Trump Floating Executions Sparks Alarm
(DBN)

Mark Meadows asked the Supreme Court to recognize his 'just following orders' defense. A right-wing justice wasn't buying it.
(DBN)

Texas Judge Hands Biden Partial Win in Challenge to Buoy Barrier Federal Court Again Rejects Texas' Claim that Illegal Migration Qualifies as "Invasion" Where Democrats are embracing Trump's border crisis narrative
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Police officer hiring in US increases in 2023
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Supreme Court appears skeptical of rulings that found public sleeping ban violated Constitution
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Teen accidentally kills brother with gun found
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Colorado paramedic sentenced to 14 months of work release in Elijah McClain's death 'Eternal shame on all of you': Mother of Elijah McClain rips into law enforcement
(DBN)

At Least 15 People Died in Texas After Medics Injected Sedatives During Encounters With Police
(DBN)

Driver linked to road rage murder of 6-year-old boy won’t do any time behind bars
(DBN)

After a man's wife was reported missing, authorities uncovered a dark secret from his past
(DBN)

Doc who said he wanted to help girl, 8, 'explore sexuality in a safe place,' receives fate
(DBN)

Girl Scout fined $400 for selling cookies
(DBN)

The Louisiana Town Where a Traffic Stop Can Lead to One Charge After Another
(DBN)

New York City’s Jewish Population Under ‘Dark Cloud’ as Tensions Rise
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Tech bros love talking about microdosing - but the legality of psychedelics is a messy grey area
(DBN)

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Judges:

The Most Harmony At The Beginning Of A Term In The Modern Supreme Court
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Raskin: Supreme Court should be moved ‘over to the RNC headquarters’
(DBN)

Harvard Law Professor Offers Scathing Summary Of SCOTUS-Trump Arguments
(DBN)

Trump immunity fight turns Supreme Court textualists topsy-turvy Graham: There’s no absolute immunity in the Constitution
(DBN)

Hot Mic Incident Leads Judge To Recusals
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Wall Street:

 

S&P 500 posts best week since November, Nasdaq surges 2% Friday as Alphabet soars
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Layoffs:

CEO alarmed to Discover that Laying Off 1,500 Workers Had Consequences
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Autos:

U.S. safety regulators investigate Tesla's autopilot recall Homicide Rap For Tesla Driver On Autopilot Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale," Will End in Jail Tesla: Hundreds of Wrecks, 13 Fatal Crashes Tesla Autopilot Has Critical Safety Gap Tesla Autopilot Uniquely Risky
(DBN)

At least 123 Chinese automakers are facing off against Tesla for EV dominance
(DBN)

Self-Driving Waymo Spotted Plowing Down Wrong Side of Street
(DBN)

Hertz Loses Another $200M on Electric Cars
(DBN)

Stellantis CEO: EV Mandates Will Kill Automakers
(DBN)

CA: Gas Car Ban Could Cost Consumers $20Bn
(DBN)

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Consumer Finance:

You need $500. How should you get it?
(DBN)

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Food/Beverage:

People are really annoyed about the price of fast food
(DBN)

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Private Equity:

Why Your Vet Bill Is So High
(DBN)

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Healthcare:

Hospitals mount uneven recovery from the pandemic
(DBN)

Hospitals forced to revamp business models or risk losing patients
(DBN)

The Tragic Pregnancy Stories Filling the Abortion Campaign Airwaves - WSJ
(DBN)

How anxiety became a catchall for every unpleasant emotion
(DBN)

Junk science is cited in abortion ban cases. Researchers are fighting the ‘fatally flawed’ work
(DBN)


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Economy:

Why so many men in the US have stopped working
(DBN)

Young Americans' wealth has soared since the pandemic
(DBN)

Key Fed Inflation Indicator Jumps in March
(DBN)

Fed Rate Doubts Have Options Traders Covering Both Hikes and Cuts
(DBN)

The Fed will only cut rates when it's panicking over a recession and a market crash, Black Swan investor says
(DBN)

What 60,000 Headlines Say About the Fed’s Next Move
(DBN)

New immigration reality: The economy needs workers
(DBN)

2 experts outline a looming scenario where the US economy could end up caught in a dreaded period of stagflation
(DBN)

Trump’s potential plan for Fed raises alarms
(DBN)

What's behind the unstoppable American consumer
(DBN)

McConnell says the world is more dangerous now than before World War II
(DBN)

2020's great undoing
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

How Real Estate Became Showbiz and Agents Became Stars
(DBN)

2 states where home prices are falling because there are too many houses and not enough buyers
(DBN)

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Oil/Gas:

Exxon and gas markets tell different stories
(DBN)

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Education:

Bankruptcy filing by ATM Freedom University stays fraud lawsuits
(DBN)

University of Saint Katherine Announces Closure
(DBN)

Campus anti-war protesters dig in from NY to Cali About 100 people detained from Northeastern University pro-Palestinian protest White House condemns Columbia student protest leader who called for Zionists to die Amid college protests and arrests over Gaza, White House says: 'We don't want to see anybody hurt' Sen. Murphy says he’s not ‘criminally offended’ by pro-Palestinian protests that are peaceful Student protesters denounce antisemitism amid criticism over pro-Palestinian encampments at college campuses Republicans escalate calls for troops on campus Sen. Kaine says sending National Guard to college campus protests would be ‘very, very bad idea’ McConnell: Leave handling of protests to college presidents McConnell says university presidents ‘need to get control’ of campus protests I’m a Jewish student at Yale. Here’s what everyone is getting wrong about the protests Jewish student explains why he's supporting pro-Palestinian protest at UCLA How universities are cracking down on a swell of tension months into student protests over Israel’s bombardment of Gaza We’re Jewish students at Columbia arrested for protesting Israel’s war Fetterman decries college campus ‘pup tents for Hamas’ Biden administration faces pressure to step up its response to antisemitic incidents on college campuses White House plans to limit Biden's graduation speeches as campuses erupt in protests Rick Scott calls for Columbia resignations, donors to withhold funds as protests rage Campus free speech is getting murky for Republican governors Why the Gaza war has spun campuses into chaos Influential Iraqi cleric backs US campus protests US faculty speak up and stand alongside student Gaza protesters Mapped: Where pro-Palestinian student protesters have been arrested Antisemitism largely perpetrated by outsiders? Bipartisan bill would create "antisemitism monitors" at colleges How today’s antiwar protests stack up against major student movements in history
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Majority of Texans don't want school vouchers, survey shows
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Labor:

UAW, Daimler reach deal, avert threatened strike
(DBN)

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Student Debt:

Biden’s student loan chief to depart as mass relief plan looms
(DBN)

Some student loan borrowers may need to apply for forgiveness by April 30
(DBN)

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Cannabis:

New Mexico governor criticizes Homeland Security secretary over cannabis seizures at inland border checkpoints in secret recording
(DBN)

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Celebs:

Britney Spears settles with estranged father more than 2 years after conservatorship was terminated
(DBN)

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Advertising:

MediaMath has signed dozens of SSPs, including former short-changed creditors, after ad tech’s biggest bankruptcy
(DBN)

Digital ad market is finally on the mend, bouncing back from the ‘dark days’ of 2022
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Retailing:

Fabric and arts retailer Joann becomes private company following bankruptcy filing
(DBN)

Tattered Cover could have new owners by summer as bookstore files new bankruptcy reorganization plan
(DBN)

The Era of One-Stop Grocery Shopping Is Over
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Media:

National Enquirer Buried Story on Rahm Emanuel
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Politics:

Misinformation has created an alternative world for some Americans
(DBN)

Biden, Trump effectively even in these battleground states: Poll Trump maintains lead over Biden Forecasting pioneer: ‘A lot would have to go wrong for Biden to lose’ Here are Biden and Trump’s paths to victory in the Electoral College
(DBN)

Election-year words that unite, divide Americans
(DBN)

Trump Meets DeSantis Seeking to Tap Ex-Rival’s Donor Connections
(DBN)

‘My Vice President Actually Endorses Me’: Biden Kicks Off WHCD Speech With Slew Of Trump Burns And New Trump Nickname
(DBN)

Biden says he'll debate Trump: 'I'm happy to' Biden welcomes presidential debate after hedging on Trump’s conduct
(DBN)

Joe Biden makes scathing 'stormy weather' attack on Donald Trump in White House roast
(DBN)

Steven Spielberg’s latest project: Providing strategy for the Biden campaign
(DBN)

Axios Publishes Brutal Report Suggesting Biden Trying to Hide ‘Halting and Stiff Gait’
(DBN)

Evangelical Preacher Goes Berserk On ‘Disgusting’ Trump Bible In Stunning Viral Rant The Christian reaction to Trump’s Bible endorsement goes deeper than you think How one evangelical leader uses the Bible to expose the ‘False White Gospel’ How ‘God’s ghostwriters’ transform our understanding of the Bible
(DBN)

How Trump’s second term could be different from his first If Trump is reelected, he plans to dismantle entire departments of the federal government
(DBN)

Donald Trump's Women Voter Problem is Getting Worse
(DBN)

How One Reaction to a Mural Tore a New England Town Apart
(DBN)

Trump rails against RFK Jr., calling him a ‘wasted protest vote’ RFK Jr. hits back after Trump’s ‘barely coherent’ rant
(DBN)

Florida Rep. Bill Posey becomes latest Republican to announce retirement
(DBN)

McConnell: Republicans focused on foreign aid package after seeing no border solution
(DBN)

Mitch McConnell shies away from supporting national abortion ban
(DBN)

The Far Right’s Campaign to Explode the Population
(DBN)

House Democrat says "no way" his colleagues help oust Mike Johnson
(DBN)

Kristi Noem's Vice President odds crash after she admitted killing her dog in a pit while her kids were at school Top Trump VP Pick Confesses to Murdering Puppy

(DBN)

Fund manager: Jim Biden was in business with Qatari officials
(DBN)

Chants of ‘shame on you’ greet guests arriving for the annual White House correspondents’ dinner
(DBN)

Antisemitism vote set to reignite House Democrats' divisions
(DBN)

US Senators Doing the Least in Office
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11/9/12/15 Adversary Proceeding Filings (7 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
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Mass Torts:

Ex-McKinsey partner sues firm, claims he was made opioids 'scapegoat'
(DBN)

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Ch. 15:

Courts Split Over Requirement for Chapter 15 Jurisdiction in the U.S.
(DBN)

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Tech:

Virtual AI priest ‘Father Justin’ who believes he’s real and can absolve your sins faces backlash over bizarre answers
(DBN)

The walls of Apple’s garden are tumbling down
(DBN)

AI models inch closer to hacking on their own
(DBN)

Judge hands Elon Musk and X a discovery win in 'thermonuclear' suit against Media Matters
(DBN)

These Countries Have Already Banned TikTok TikTok Sale-or-Ban Law Spurs Promise of Legal Fight: Explained
(DBN)

You actually shouldn't use your face or thumb to unlock your phone. Here's why
(DBN)

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Climate:

Tornados leave trail of destruction as 4 injured, hundreds of homes damaged
(DBN)

We could be heading into the hottest summer of our lives
(DBN)

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Coal:

Biden crackdown on power plants expected to speed shift away from coal
(DBN)

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Banking:

FDIC says Republic First Bank is closed by Pennsylvania regulators
(DBN)

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Utilities:

Deferred HECO bill worries some about bankruptcy
(DBN)

‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO
(DBN)

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Nursing Homes:

Creditor dispute holds up major nursing home bankruptcy sale
(DBN)

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UK:

Firm leading claims against MoD dismisses bankruptcy talk
(DBN)

Big drop in March corporate insolvency figures
(DBN)

KPMG and former sanctioned partner hit with legal action by convicted property developer
(DBN)

Well-known property figure turned fraudster jailed for four years
(DBN)

New president at insolvency and restructuring trade body R3
(DBN)

Thousands of Devon companies in 'significant' financial distress
(DBN)

Britain’s Conservative Party, like the U.S. Republican Party, is in turmoil
(DBN)

Fury as memorial to six million Jews killed in Holocaust is covered up and guarded by police in London's Hyde Park over fears it will be vandalised by pro-Palestine activists
(DBN)

Banned building boss jailed for fraud
(DBN)

‘Indefensible’: UK prisoner jailed for 23 months killed himself after being held for 17 years
(DBN)

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Canada:

MedMen Finally Files For Bankruptcy, Claims CFO Left Two Months Ago Once Called The 'Apple Store Of Weed' And Valued At $1.7B, This Cannabis Company Has Declared Bankruptcy
(DBN)

Laurentian University to spend millions on recommendations in second budget post insolvency
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MENA:

Israel, Hamas must do more for cease-fire: Qatar Israel open to discussing "sustainable calm" in Gaza after initial hostage release: officials Israel warns Egypt: "Last chance" for hostage deal before Rafah invasion Hamas reviewing Israeli proposal for cease-fire in Gaza US Pushes for Gaza Truce
(DBN)

Sanders says there’s not ‘any doubt’ what Netanyahu is doing now is ‘ethnic cleansing’
(DBN)

Mass graves found at Gaza hospitals raided by Israel prompt demands for independent investigation
(DBN)

NBC News investigation reveals Israel strikes on Gaza areas it said were safe
(DBN)

UN: 14 Years to Clean Up Gaza War Debris
(DBN)

Some US officials say in internal memo Israel may be violating international law in Gaza
(DBN)

State Department reviewing plans to sanction IDF unit
(DBN)

World Central Kitchen to resume operations in Gaza after Israel strike killed workers
(DBN)

UK forces may be deployed on the ground in Gaza to help deliver aid
(DBN)

Niece of Israeli hostage says Biden administration has shown ‘unwavering and relentless commitment’ to her family
(DBN)

Palestinian president says only U.S. can halt Israel’s attack on Rafah, expected in days
(DBN)

Hamas releases first proof-of-life video showing kidnapped American
(DBN)

Yemen Houthi rebels claim downing US Reaper drone
(DBN)

Iranian women sexually assaulted and beaten in new morality police crackdown
(DBN)

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Russia:

Russia targets Ukrainian energy sector in latest round of attacks
(DBN)

US preparing to announce $6B in weapons contracts for Ukraine
(DBN)

Russia is making daily tactical gains in eastern Ukraine, as concerns swirl around Ukrainian military reporting
(DBN)

Ukraine throws wrench in warming US-China ties
(DBN)

Putin likely did not directly order Navalny’s killing, U.S. intelligence agencies conclude Kremlin Disputes Report Vlad Didn't Order Navalny Death
(DBN)

Thousands of former Wagner fighters are now answering to Moscow
(DBN)

‘March or April’: How Zelenskyy gave Johnson a deadline for military aid
(DBN)

Ukrainian 'Grandpa' leads over-60s unit fighting Russian forces for free
(DBN)

What Putin’s No. 2 Believes About the West
(DBN)

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China:

Blinken tells Beijing: Stop boosting Russia or face punishments
(DBN)

China is gunning for the chief scientist of its COVID vaccine project, accusing him of 'serious discipline and law violations'
(DBN)

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Germany:

Islamist group slams democratic values, rallies thousands in Germany
(DBN)

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France:

French government steps in to rescue Atos, once renowned as the nation’s top tech firm
(DBN)

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