January 5, 2024

The Daily Bankruptcy News

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Law:

Women Continue To Make History When It Comes To Law School Enrollment
(DBN)

Top Biglaw Firm Matches Cravath Scale, But Associates Will Have To Wait To See The Money
(DBN)

St. Louis County Bankruptcy Attorney Accused of Mail, Wire Fraud
(DBN)

BK Pros Weigh In. Part V.
(DBN)

ABA Proposal to Accreditate Fully Online Law Schools Draws Overwhelming Support
(DBN)

With Law Firm Merger Interest at 'All-Time High,' Consolidation May Heat Up in 2024
(DBN)

To Stay Ahead in New Year, Law Firms Will Double Down on Practice Strengths
(DBN)

Pryor Cashman's Managing Partner On The Many Exciting Benefits Of Working At A Midsize Firm
(DBN)

Schulte Roth & Zabel Elects Six New Partners and Promotes Seven to Special Counsel
(DBN)

Alex Murdaugh's lawyer claim more misconduct by clerk, prosecutors ask to cancel hearing
(DBN)

Continuing Tom Girardi Saga Drags Itself Into Yet Another New Year
(DBN)

Former Federal Prosecutor Sanctioned For Sexually Harassing Intern
(DBN)

Law Firms Really Have The Urge To Merge In 2024
(DBN)

Does Tide mislead consumers with ‘64 loads’ claim? Judge thinks not
(DBN)

6 ways the Supreme Court could decide Trump’s fate in 2024
(DBN)

Prosecutors seek 11-year prison term for MAGA superfan in voter fraud case
(DBN)

Roger Stone’s Secret Call With Proud Boys Leader in Lead-Up to Jan. 6
(DBN)

Proud Boys member who disappeared after Jan. 6 conviction sentenced to 10 years in prison Proud Boy who went on the run, allegedly faked overdose to avoid sentence gets 10 years
(DBN)

Arrest footage of Trump co-defendant provides glimpse into Jack Smith probe
(DBN)

How the Republican Party memory-h

What to know about Trump's immunity claim in the 2020 election case
(DBN)

Illinois voters latest to challenge Trump candidacy under 14th Amendment Lawyers dust off Postal Act of 1799 as proof Trump's 'wrong' on 14th Amendment claim The Supreme Court arguments for (and against) removing Trump from the ballot, explained
(DBN)

Trump lawyers' baffling argument leaves door open to him being unable to serve: expert
(DBN)

'Intriguing point' in Trump SCOTUS brief could mean his vice president would replace him after an election win
(DBN)

Trump urges Jan. 6 judge: Force Jack Smith to explain why he shouldn't be held in contempt
(DBN)

Trump Lawyers File Furious Motion Claiming That Motions Are Illegal
(DBN)

Georgia’s Lieutenant Governor Will Be Investigated in the Trump Case. But by Whom?
(DBN)

'Bizarre and psychopathic': Trump targets E. Jean Carroll in Truth Social posting spree? Trump racks up 2 legal failures in 2 days in E. Jean Carroll case
(DBN)

DOJ declined to prosecute Ray Epps. Now it wants him sent to prison.
(DBN)

No top U.S. government official has an approval rating over 50%
(DBN)

State government buildings face bomb threats for second consecutive day
(DBN)

NYC mayor sues Texas charter bus companies transporting migrants
(DBN)

Even more Epstein documents are expected to drop Second set of Jeffrey Epstein documents unsealed Read The Epstein “list,” explained Epstein Files Unsealed And Reveal... Pretty Much Everything We Already Knew More than 200 people have been named in the Jeffrey Epstein documents, so far. Less than a dozen were accused of engaging in sexual behavior. What the unsealed Jeffrey Epstein documents say — and don't say — about Stephen Hawking How did Jeffrey Epstein's address book end up in the hands of a communist farmer in Vermont? "Utterly hammered": Epstein document release crashes major websites How Epstein made his money; Big mystery at enter of it all
(DBN)

10-year-old boy will not face charges for allegedly shooting a neighborhood child
(DBN)

Restaurant customer who fatally shot robber holding plastic gun will not be charged
(DBN)

Multiple people shot at Iowa high school on the first day after winter break, officials say Another school shooting, this time in the shadow of a caucus Ron DeSantis offers support after Iowa shooting, wouldn't back policy changes on gun violence 1 killed, 5 others at Iowa high school on first day after winter break
(DBN)

Sandy Hook parents press gunmakers to stop marketing weapons of war to kids
(DBN)

New Evidence in DB Cooper Case
(DBN)

Largest US cities saw record hate crimes surge in 2023
(DBN)

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Judges:

How The Supreme Court Made Sonia Sotomayor Millions
(DBN)

Defendant Leaps Over Bench To Attack Judge, Gets Pummeled By Law Clerk
(DBN)

The Road To The White House Goes Through The Supreme Court
(DBN)

Ex-judge who killed district attorney and wife wants new death penalty trial
(DBN)

House Democrats urge Clarence Thomas to recuse himself from Trump Colorado ballot case
(DBN)

Justice Department Urges Judiciary to Act on Forum Shopping
(DBN)

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Wall Street:

Stock futures slip ahead of jobs report with Wall Street’s 9-week winning streak in jeopardy
(DBN)

US stocks trade mixed as private payrolls come in hotter than expected
(DBN)

Stocks’ Bad Start to 2024 Has Forecasters on Edge
(DBN)

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Layoffs:

What CEO who fired his entire company during the 2-minute GMeet call told employees
(DBN)

Morris Employer Announces Nearly 150 Layoffs
(DBN)

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Economy:

Weekly Initial Unemployment Claims Decrease to 202,000
(DBN)

Jobless are Forgotten in This Labor Market
(DBN)

Inflation below 2%: Here’s why it might happen
(DBN)

80% of businesses plan to track office attendance this year, survey finds
(DBN)

Consumer discretionary remains highest risk sector in Q4 2023
(DBN)

ADP: Private Employment Increased 164,000 in December
(DBN)

From interest rates to China's slowdown, these are the issues that will make 2024 another 'rocky year,' Harvard economist says
(DBN)

Want to Understand 2024? Look at 1948.
(DBN)

December Employment Preview
(DBN)

Cuban vs. Musk: Entrepreneurs debate DEI
(DBN)

Biden preparing to keep many of Trump's China tariffs
(DBN)

Government Shutdown Threat is Growing Again
(DBN)

Pepsi, Lay's dropped by one of world's biggest grocers over price hikes
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Asking Rents Mostly Unchanged Year-over-year
(DBN)

Mortgage rates will stay above 6% through 2025, Goldman Sachs says
(DBN)

From interest rates to home demand, here's how the housing market will unfold in 2024, according to LendingTree
(DBN)

Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says
(DBN)

Just a Billion Doesn’t Cut It on This Exclusive Florida Island
(DBN)

What to Watch: The Home Market, Macro Themes for 2024
(DBN)

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Oil/Gas:

Demand isn't to blame for crashing energy prices, and 'political oil' has led to massive supply that's kept crude cheap, former Goldman Sachs commodities chief says
(DBN)

Chevron blames regulations, cleanups for $4B write-off in Q4
(DBN)

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Politics:

Trump says GOP always bend the knee
(DBN)

Biden aims for a Donald Trump-George Washington contrast
(DBN)

Stefanik withdraws support from GOP candidate who criticized Trump
(DBN)

Trump received millions of dollars from foreign governments while president, House Democrats allege
(DBN)

First two-incumbent election since 1892!
(DBN)

Hunter Biden’s ‘sugar brother’ Kevin Morris plots gauzy documentary on first son
(DBN)

Advocates nearing the impossible: Securing abortion rights in Florida
(DBN)

Pelosi stock trades see staggering 65% return
(DBN)

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History:

New film on 1506 massacre of Lisbon Jews garners worldwide attention
(DBN)

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Celebs:

Free Speech Absolutist Elon Musk Does A Great Impersonation Of An Authoritarian At SpaceX
(DBN)

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Education:

Bill Ackman's wife, academic celebrity Neri Oxman, plagiarized in her dissertation. Ackman just used plagiarism as a reason to push Claudine Gay out at Harvard Neri Oxman admits to plagiarizing in her doctoral dissertation after BI report How plagiarism by Claudine Gay, Harvard's former president, compares to that of Neri Oxman, an academic and Bill Ackman's wife
(DBN)

Bill Ackman wants more college presidents to be business people. But that's not the way it works.
(DBN)

The Fight Over Claudine Gay Was Not A Right-Versus-Left Battle
(DBN)

Conservatives Toppled Two College Presidents. They’re Not Done Yet.
(DBN)

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Transit:

E-scooter companies are going bankrupt. That should alarm you even if you hate them
(DBN)

NYC subway trains collide; Dozens hurt
(DBN)

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Student Debt:

Student Loan Borrowers Slow to Rely on Touted Bankruptcy Tool
(DBN)

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Weight-Loss:

Eli Lilly to sell weight-loss drugs directly to patients
(DBN)

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Hotels:

Queen Mary, once a sinking white elephant, shows signs of remarkable revival
(DBN)

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RVs:

North Carolina RV dealer files for bankruptcy
(DBN)

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Radio:

Audacy Negotiating with Lenders for Bankruptcy Filing
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Rising rates and costs push up US healthcare bankruptcies
(DBN)

US bankruptcies surge 18% but remain below pre-pandemic levels
(DBN)

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Mass Torts:

Trial Lawyers Are Wrecking the Bankruptcy System - WSJ
(DBN)

Bankruptcy Is A Valuable And Desirable Venue for Resolving Mass Tort Cases (Truck v Kaiser)
(DBN)

California Franciscans File for Bankruptcy: Justice for Sex Abuse Victims Hangs in Balance
(DBN)

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Automatic Stay:

CFPB files amicus briefs in FDCPA case and also files amicus brief in FCRA case jointly with FTC
(DBN)

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Healthcare:

Hydroxychloroquine could have caused 17,000 deaths during COVID, study finds
(DBN)

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Autos:

How Carvana avoided catastrophe in 2023
(DBN)

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Aerospace:

Two companies will attempt the first US moon landings since the Apollo missions a half-century ago
(DBN)

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Religion:

Vatican moves to calm bishops over same-sex blessings approval
(DBN)

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Pharma:

COVID-19 treatment developer Humanigen files for Chapter 11 bankruptcy
(DBN)

Low prices are contributing to America's drug shortage problem
(DBN)

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Tech:

You thought 2023 was a big year for AI? Buckle up.
(DBN)

Apple Hit With Second Downgrade; iPhone Worries Grow
(DBN)

NYT said to be using ChatGPT copyright suit as negotiating tactic
(DBN)

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Sovereigns:

Ghana’s official creditors to convene for debt restructuring talks
(DBN)

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UK:

Insolvency firm appoints ‘industry veteran’ to London office amid ‘fantastic growth’
(DBN)

Financially troubled Nottingham City Council has ‘let down’ residents – Sunak
(DBN)

Residents facing tax rise to balance council books
(DBN)

Bradford Council announces £40m cuts in bid to avoid 'bankruptcy' as dozens of jobs at risk
(DBN)

UK universities ‘at risk of insolvency in 2024’
(DBN)


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MENA:

The ‘CEO’ of Hamas Who Found the Money to Attack Israel
(DBN)

ISIS claims responsibility for attack that killed more than 80 in Iran
(DBN)

Houthis launch sea drone to attack ships hours after US and allies issue ‘final warning’
(DBN)

Warren: No 'blank check' for Israel
(DBN)

Amid Gaza war, regional escalation draws U.S. deeper into Middle East crisis
(DBN)

As Gazans return to destroyed homes, Israeli ministers push resettlement Families in Gaza search desperately for food and water, wait in long lines for aid
(DBN)

High Level Meeting on Post War Gaza Collapses
(DBN)

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Russia:

Russia Moves Forward With Plans to Buy Iranian Ballistic Missiles
(DBN)

Shooting down Russia's overhyped missiles with Patriots is a win for more than just Ukraine. The war is an 'intelligence bonanza' for the West.
(DBN)

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India:

The Road To Enter Bankruptcy Court is 7,000 Companies Long
(DBN)

Statutory Set Off Or Insolvency Set Off Inapplicable To Corporate Insolvency Resolution Process: Supreme Court
(DBN)

Supreme Court’s Decision On Treatment Of CCDs As Debt Under IBC: Contract Is King
(DBN)

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China:

Chinese Financial Conglomerate Zhongzhi Declares Bankruptcy Chinese Court Accepts Wealth Manager Zhongzhi's Bankruptcy Appeal Amid Property Market Turmoil Troubled Chinese finance giant Zhongzhi files for bankruptcy
(DBN)

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Sweden:

Sweden’s Oscar Properties Hit With Creditor Claim of Bankruptcy
(DBN)

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Finland:

Record bankruptcies in Finland: Over 2,700 companies closed in 2023
(DBN)

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