January 26, 2024

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click here
Search prior case summaries: Click here

Format For Mobile Device



Law:

This Practice Area Is A Real Bright Spot For The Legal Industry
(DBN)

Jury Will Have To Decide If Davis Polk Lawyers Are Racist Or Just Socially Awkward
(DBN)

More US firms raise London NQ salaries - to as high as £173,000
(DBN)

The New Normal in Office Work Is Here, but Lawyers Still Aren't Happy With It
(DBN)

Identical Twin Biglaw Partners Had Fun Together While 'Rescuing' The Pac-12 From Certain Doom
(DBN)

Client escapes sanction for lawyer’s refusal to appear on camera in Zoom deposition
(DBN)

Biglaw Associate Slams Fox News Host For Taking An Inappropriate Swipe At Her Grandpa
(DBN)

Former FDIC lawyer who once worked in BigLaw pleads guilty in child-exploitation case
(DBN)

Senior Government Attorney Pleads Guilty To Child Pornography Charge
(DBN)

Prosecutor’s Homophobia Doesn’t Meet Miscarriage of Justice Bar
(DBN)

Legal Ed council calls for comments regarding fully online law schools
(DBN)

Avoid A Reactionary, Band-Aid Approach To AI In Law
(DBN)

Associates Who Want to Be Partner Must Be Proactive, Consistent
(DBN)

Arrested citizen journalist wasn’t ‘martyr’ for journalism, 5th Circuit says in tossing her First Amendment suit
(DBN)

What to do when friends or family members ask for legal advice
(DBN)

Don't Accidentally Pick Up Clients At The Family Reunion
(DBN)

Donald Trump Testifies For 3 Minutes in His Defense in E. Jean Carroll Defamation Suit Trump Manages Three Whole Minutes On Witness Stand Without Getting Held In Contempt Trump delivers brief, fiery testimony in E. Jean Carroll trial Trump repeatedly shot down by Carroll judge as he tries to violate rules of his testimony Judge Kaplan Gives Trump Graphic Introduction to Witness Stand: He ‘Inserted His Fingers Into E Jean Carroll’s Vagina’ Trump briefly testifies in E. Jean Carroll damages trial, clashes with judge Texas is exploiting a loophole in a new Supreme Court ruling to keep putting up razor-wire fencing at the border Trump Biographer Has Damning Theory About Why Trump Keeps Attacking E. Jean Carroll
(DBN)

Alina Habba Photo Sparks Pandemonium Within Republican Party Ex-Trump Staffer Thrown Out of Trump Party After Posting Pic With Alina Habba — And He Was At Capitol Riot
(DBN)

Trump lawyers ask judge to disqualify Fulton County DA from election case Trump motion says DA in RICO case should be disqualified over speech at Black church Trump attorney accuses Fani Willis of trying to ‘foment racial animus,’ seeks dismissal of Georgia case
(DBN)

I’m an Election Law Expert. Here’s What I Fear Most in 2024.
(DBN)

Ex-Trump adviser sentenced to 4 months in prison for contempt of Congress Navarro Played Lawyer With Jan 6 Committee. But His Sentence Is Very Real.
(DBN)

Reagan-appointed judge warns GOP's 'preposterous' claims about Jan. 6 could pose threat
(DBN)

'Let's go!': Feds use Wayback Machine to identify alleged Jan. 6 rioter
(DBN)

Hunter Biden Snagged a Cushy Bank Job After Law School. He’s Been Trading on His Name Ever Since.
(DBN)

An Amish family had their horse and buggy stolen from a Walmart parking lot while they were shopping, police say
(DBN)

Texas fertility rate grew after abortion ban — almost only due to Latinas Remember When Abbott Said He Would End Rape
(DBN)

Legal Experts Shred Abbott Over Ignoring Supreme Court Haley backs Abbott on border, calls Biden position ‘absolutely ridiculous’ GOP governors back Abbott in border standoff Romney: ‘Appalling’ Trump wants to kill border bill so he can ‘blame Biden’'Immoral': Some Republicans rebuke efforts to kill immigration deal to help Trump GOP senators seethe as Trump blows up delicate immigration compromise Why Trump fears a Biden-GOP immigration deal Republicans' border split screen Trump urges states to surge National Guard to Texas as Abbott standoff with Biden accelerates
(DBN)

SAG-AFTRA puts support behind Alec Baldwin following manslaughter charge in 'Rust' movie shooting Latest Alec Baldwin charges spark look at gun protocols in the entertainment industry
(DBN)

Bounty hunter who caught fugitive will spend a decade in prison because he didn't register
(DBN)

Alabama executes a man with nitrogen gas, the first time the new method has been used Supreme Court doesn’t stop nation’s first execution using nitrogen gas He Struggled for Life for 22 Minutes Convulses for 2 minutes as he's gassed to death in Alabama first
(DBN)

Dad of Kansas City Chiefs fan who hosted party where 3 pals froze to death defends son as speculation mounts
(DBN)

Man convicted in road-rage murder of 6-year-old boy on his way to kindergarten class
(DBN)

______________

Judges:

The conservative legal world lines up behind Donald Trump at the Supreme Court
(DBN)

Judge slams "preposterous" claims by some in GOP on Jan. 6 "hostages"
(DBN)

______________

Wall Street:

 

S&P 500 closes higher for a sixth day, powered by strong GDP data
(DBN)

One of Wall Street's biggest bulls is growing increasingly worried about a stock market meltup
(DBN)

Wall Street bonuses fall short of already-low expectations: 'Absolute s–t'
(DBN)

How Wall Street got 2023 all wrong
(DBN)

______________

Layoffs:

Microsoft is laying off 1,900 workers at Activision and Xbox
(DBN)

Paramount CEO announces layoffs as cost pressures, take-private talks build
(DBN)

Business Insider Laying Off 8% of Staff
(DBN)

Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom
(DBN)

Fruit of the Loom shutting SC distribution center, laying off 119 workers
(DBN)

______________

Maritime:

More major energy and commodities firms are diverting ships away from the Red Sea, despite attempts to stop Houthi attacks
(DBN)

____________

Tech:

AI puts every CEO on the hot seat
(DBN)

____________

Water:

Trump deregulated nearly 21 percent of streams, 25 percent of wetlands: Research
(DBN)

____________


Economy:

The Dow will surge 24% after the Fed's first rate cut with recession looking unlikely
(DBN)

U.S. economy booms with 3.3% growth in final quarter of 2023 Explaining the Unexpectedly Strong U.S. Economy: Details in Q4 GDP What recession? Inside the gangbuster GDP report BEA: Real GDP increased at 3.3% Annualized Rate in Q4
(DBN)

Weekly Initial Unemployment Claims Increase to 214,000
(DBN)

The Biden administration's emerging economic message A booming economy might not save the Biden campaign
(DBN)

76% of companies link pay to ESG performance in rising trend: WTW
(DBN)

Accommodation Awareness: As management retools remote work policies, ADA issues are expected
(DBN)

Clifford Chance latest to monitor office attendance
(DBN)

83% of execs anticipate spike in their M&A volume this year: Deloitte
(DBN)

Biden announces $5 billion in new infrastructure projects
(DBN)

Lots of Parents Still Support Adult Children
(DBN)

Why States Reject Federal Cash for Hungry Kids
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Commercial Real Estate Disputes in Subchapter V Chapter 11 Cases: Landlord and Tenant Rights in Bankruptcy Proceedings
(DBN)

Regional banks' next problem — apartment building loans
(DBN)

Market expert warns US real estate is a 'slow-moving train wreck'
(DBN)

Why new home sales soared and existing homes plunged in 2023
(DBN)

New Home Sales increase to 664,000 Annual Rate in December; Average New Home Price is Down 14% from the Peak
(DBN)

Housing Unaffordable for Half of US Renters
(DBN)

Realtor.com Reports Active Inventory UP 8.6% YoY; New Listings up 3.4% YoY
(DBN)

More than 12 million Americans are spending at least half their entire paycheck on rent, Harvard study says
(DBN)

The housing market is heating back up. But only a small percentage of new homes are fully-built.
(DBN)

The Suburbs Have Become a Ponzi Scheme
(DBN)

Realtor associations deluged with ‘copycat’ commission lawsuits
(DBN)

Harrisburg objects to proposed Governor’s Square sale, court decision postponed
(DBN)

____________

Oil/Gas:

Despite the bad press, half of America is still considering an EV or hybrid car — they just want them to be cheaper
(DBN)

White House gas export review to freeze new projects for more than a year Biden eyes "pause" of new LNG export facilities
(DBN)

GM, Honda Begin Fuel Cell Production
(DBN)

____________

Labor

Future of labor’s ‘Great Reset’ is murky
(DBN)

____________

Agribusiness:

Massive fruit grower bankrupt in Fresno, 5,400 jobs lost. Who gets 16K acres prime farmland?
(DBN)

____________

Social Media:

Florida House passes bill that would ban children under 16 from social media
(DBN)

____________

Religion:

Pew: Over a quarter of U.S. adults don't identify with a religion
(DBN)

Inside the Shady Finances Behind Mike Johnson’s Longtime Pastor
(DBN)

Report on sex abuse in Germany’s Protestant Church documents at least 2,225 victims
(DBN)

____________

Education:

Florida students protest imminent closing of university LGBTQ center
(DBN)

____________

Media:

The Media Is Melting Down, and Neither Billionaires Nor Journalists Can Seem to Stop It
(DBN)

Mainstream media bloodbath: News outlets slash jobs as business suffers
(DBN)

Daily News workers walk out to protest owners Alden Global Capital who ‘shrink the budget to fill their pockets’
(DBN)

____________

Politics:

New Hampshire primary exposes Trump's shrinking tent Trump's impatience is creating political risks for his campaign
(DBN)

Trump's dominance in the GOP primaries is unprecedented
(DBN)

RNC draft resolution to declare Trump as party's nominee withdrawn
(DBN)

Senate GOP’s Trump skeptics face reality after New Hampshire primary
(DBN)

Trump Shares Botched AI Photo of Himself
(DBN)

Trump threatens to blacklist Nikki Haley donors Haley presses on against Trump on the trail. Her fight is a lonely one.
(DBN)

Concerned White House staff 'called psychiatrist about Trump's mental instability' in 2017
(DBN)

A Democrat raised protecting Johnson as speaker in a meeting with Biden and congressional leaders
(DBN)

Michigan GOP descends into chaos amid a leadership battle
(DBN)

____________

Gambling:

Atlantic City casino loses lawsuit against insurers over COVID
(DBN)

____________

Climate:

EU Plan Would Cut Fossil Fuels 85% by 2040
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Bankruptcies Surge Among Gen X and Millennials
(DBN)

______________

Mass Torts:

$700M AGs settlement resolves only portion of J&J talc liability
(DBN)

How US archdiocese helped priest accused of abusing deaf children
(DBN)

Three Mass Torts Trends to Watch in 2024
(DBN)

NJ among states seeking Supreme Court review of controversial bankruptcy tactic
(DBN)

____________

Avoidance Actions:

A Scam & Avoidance Claims In Bankruptcy—You Can’t Make This Stuff Up (Mann v. LSQ Funding)
(DBN)

____________

Private Credit:

Liability Management – Vaccine or Pandemic? Private Credit Restructuring Year in Review
(DBN)

____________

Aviation:

Brazil’s Gol files for Chapter 11 bankruptcy protection in US court GOL Linhas Aereas Files for Chapter 11 Bankruptcy
(DBN)

Airlines blame Boeing for reputational damage
(DBN)

FAA clears path for Boeing 737 MAX 9 jetliners to fly again
(DBN)

An airline passenger could face a $120,000 bill after fighter jets were scrambled when he joked about blowing up the plane
(DBN)

Why domestic travel is so cheap
(DBN)

____________

Personal Finance:

I moved from Malibu to Vegas and bought a $1.9 million home. California is beautiful but it got too difficult to live there.
(DBN)

____________

Healthcare:

Senior living and care among leaders in healthcare bankruptcies in 2023
(DBN)

10 Things to Know About Senior Living Facility Restructuring and Bankruptcy
(DBN)

As measles spreads in England, health authorities warn the outbreak could snowball
(DBN)

____________

Crypto:

Crypto Implosions Spark Big Law With $600 Million Haul
(DBN)

Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.
(DBN)

From Darknet to Auction Block: US Set To Sell $130 Million Silk Road-Linked Bitcoin Stash
(DBN)

____________

Ride Hailing:

Cruise "deeply remorseful" after scathing report on robotaxi pedestrian incident
(DBN)

____________

Autos:

Tesla’s ‘train-wreck’ earnings call has even the bulls begging executives to act like adults Tesla Valuation Falls $82 Billion in One Day Tesla sheds nearly $70 billion in market cap after Elon Musk's EV maker warns of slowing sales Elon Musk's pursuit of a 25% stake in Tesla is 'delusional,' longtime shareholder says Not even Tesla can dodge the EV sales slowdown Tesla warns that 2024 sales growth "may be notably lower"
(DBN)

____________

Television:

At Dish Network, a bondholder vs. shareholder fight is brewing
(DBN)

____________

UK:

Thurrock council facing £200m loss on solar farms sale The consequence of abolishing Section 24 – bankrupt councils and countless homeless Coventry and Warwickshire council cuts: What could they mean for me?
(DBN)

Coronation Street's Bill Roache, 91, is facing bankruptcy for a second time - despite earning £250k-a-year as Ken Barlow on ITV soap
(DBN)

UK Festivals Barn on The Farm, Splendour Cancelled
(DBN)

____________

China:

China's economy is in trouble and a stock-market rescue won't change the 'uber bearish narrative'
(DBN)

China's stock rout has spurred a mad dash into banned bitcoin
(DBN)

____________

Russia:

Russia's war in Ukraine has sent wages soaring as workers grow scarce and private business competes with the military
(DBN)

Senate GOP pleads with Trump not to kill Ukraine-border security deal Scalise aide to Senate GOP: Border deal is dead on arrival in House McConnell dispels doubts about his commitment to a border-Ukraine deal Senate GOP torn up with confusion after McConnell clarifies border-Ukraine comments
(DBN)

Turkey’s Erdo?an signs off on Sweden’s NATO bid
(DBN)

____________

MENA:

Nearly all Senate Democrats sign onto Palestinian statehood measure
(DBN)

Top U.N. court says it has jurisdiction to rule over South Africa's demands against Israel
(DBN)

ICJ delivers interim ruling on the accusation of genocide brought by South Africa against Israel
(DBN)

US Sets Up Backchannel Wanting Answers on Dead Gazans
(DBN)

Biden tells Bibi he's not in it for a year of war in Gaza
(DBN)

Netanyahu must be removed, top former Israeli national security officials say
(DBN)

____________

Germany:

German growth will at best stagnate in Q1, Bundesbank warns
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $75.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2024