July 23, 2024

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Top 50 Biglaw Firm To Ditch Office, Move To Hybrid Work Plan For Lawyers In Miami
(DBN)

The Biglaw Firm To Call For Bankruptcy Advice
(DBN)

The Law Schools That Are The Toughest To Get Into (2024)
(DBN)

Referral bonuses as high as $50K? One BigLaw firm confirms incentive
(DBN)

Jonathan Turley Don't Know Much About History (Part... At Least 5)
(DBN)

Senior Attorney Harasses Associates With Nudes, Nazi Definitions
(DBN)

NCBE Messed Up, Bro, California Kicked Them Out Of The Bar
(DBN)

Judge dismisses disinformation expert's defamation suit against Fox News
(DBN)

Prosecutor turned defense lawyer falls in love with client, smuggles drugs into jail: Feds
(DBN)

Lifetime voting ban for felony convictions isn’t punishment, 5th Circuit says in Eighth Amendment challenge
(DBN)

FCC slashes cost of phone calls for inmates, capping decades-long effort
(DBN)

Trump just got one step closer to questioning Pulitzer Prize board members under oath
(DBN)

Trump Organization's court-appointed monitor updates civil fraud judge on last 19 months
(DBN)

Trump appeals civil fraud judgment against his company in New York case
(DBN)

Ex-Trump aide seeks reversal of judge's refusal to toss Hunter Biden's 'hacking' lawsuit
(DBN)

In Texas, violating campaign ethics laws rarely yields repercussions. The attorney general’s office is to blame.
(DBN)

GOP eyes legal challenges as Harris assumes control of Biden’s war chest Republicans Scramble For A Legal Theory To Keep Harris Off The Ballot They Can Argue With A Straight Face Replacing Joe Biden With Kamala Harris On The Democratic Ticket Is Not A 'Coup' Biglaw Firm Vetting Potential Running Mates For Kamala Harris
(DBN)

Man sues state agency for 'unfair' seizure of his 750-pound alligator
(DBN)

Alabama Dad Executed Wife, Four Children in Horrific Family Murder: Cops
(DBN)

Officer fired for joking about woman who was fatally run over by another police officer
(DBN)

Man convicted of kidnapping Michigan store manager to steal guns gets 15 years in prison
(DBN)

Missouri judge overturns the murder conviction of a man imprisoned for more than 30 years
(DBN)

Bodycam video shows shooting of Black woman in her home by deputy now charged with murder Biden calls for justice after footage released of police killing Black woman
(DBN)

Ex-Philadelphia police officer sentenced to 8 to 20 years for shooting 12-year-old in the back
(DBN)

Nashville residents show Jewish solidarity after neo-Nazis converge on city
(DBN)

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Judges:

Federal Bankruptcy Judge's 'Vilifying' Novels Raise Questions Over Impartiality
(DBN)

Federal judges are mirroring the Supreme Court on financial disclosures
(DBN)

Los Angeles Court Set to Re-Open Tuesday Post-Ransomware Hit
(DBN)

Alaska Judge Scandal Prompts First Conviction Challenge
(DBN)

It’s Official: The Supreme Court Ignores Its Own Precedent
(DBN)

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Wall Street:

Stock futures are little changed as traders await key earnings reports
(DBN)

A Stock Market Rotation of Historic Proportions Is Taking Shape
(DBN)

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Crypto:

Mt. Gox Tests Transactions to Cold Wallets Ahead of Creditors Repayments via Bitstamp
(DBN)

BlockFi Administrator Submits Plan in Court to Make Customers Whole
(DBN)

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Pageants:

Miss Kansas reveals more about stunning statement that her abuser was in the audience
(DBN)

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Going Concern:

Auditor ‘Going Concern’ Warnings Tumble After SPAC-Driven Spike
(DBN)

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Solar:

A Big Solar Company May Be Collapsing
(DBN)

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Layoffs:

Meta's mass layoff severance agreements illegal, says judge
(DBN)

Devastating ransomware attack shuts down LA courts
(DBN)

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Personal Finance:

Hey job seekers — hiring managers are onto your ChatGPT-written applications
(DBN)

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Education:

Republicans aim to take Florida's education model nationwide
(DBN)

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Healthcare:

California hospital fighting for bankruptcy eligibility
(DBN)

Steward fails to spark competitive auction during first round of hospital sales Steward cancels auction of three Valley hospitals citing no qualified bidders How is Houston's St. Joseph Medical Center affected by its owner's bankruptcy? Here's what to know Bankrupt Steward Health Finds Buyers For Two Hospitals Amid Senate Probe Several Place Bids on Holy Family Hospital, but Details Unclear About Rent, Outdated Equipment Steward Health identifies a buyer for its hospital in Hope No sale: Mercer County-area hospitals struggle to find buyers
(DBN)

NJ: Gov. Murphy signs new medical debt protections into law
(DBN)

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Window Coverings:

Blind Maker Sees Rival Creditors Stockpile Debt
(DBN)

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Movie Theaters:

AMC Theatres Refinances Debt in Deals Extending Due Dates by at Least Three Years AMC Uses Theaters to Help Restructure Billions in Debt
(DBN)

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Art:

African art collection up for sale again after owner files bankruptcy
(DBN)

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Economy:

The salary you need to be considered middle class in 25 largest cities
(DBN)

Artificial intelligence isn’t a good argument for basic income
(DBN)

As new tech threatens jobs, Silicon Valley promotes no-strings cash aid
(DBN)

39% of Americans worry they can’t pay the bills
(DBN)

The American dream is over: Why first-generation Gen Zers are moving abroad
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

MBA Survey: Share of Mortgage Loans in Forbearance Increases to 0.23% in June
(DBN)

ICE: Mortgage Delinquency Rate Increased in June
(DBN)

NMHC: "Apartment Market Conditions Continue to Loosen"
(DBN)

Housing July 22nd Weekly Update: Inventory up 2.6% Week-over-week, Up 39.1% Year-over-year
(DBN)

California gold rush town sees Black families fight for land taken from their ancestors
(DBN)

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Oil/Gas:

Golden Pass has reached a settlement with Zachry. What will it mean for thousands of laid-off workers? San Antonio's Zachry Holdings reaches settlement in Golden Pass LNG dispute Golden Pass LNG construction could ramp up after settlement over bankrupt contractor
(DBN)

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Tech:

A week of nonstop breaking political news stumps AI chatbots
(DBN)

CrowdStrike CEO Warns of Hacking Threat as Outage Persists
(DBN)

CrowdStrike CEO called to testify on global IT outage
(DBN)

CrowdStrike outage 3 days later: Where does everything stand now?
(DBN)

This isn’t the first time CrowdStrike’s CEO has been involved with a worldwide computer outage
(DBN)

Costs From Global Outage May Cross $1 Billion
(DBN)

Delta cancels nearly 700 more flights in wake of massive IT outage
(DBN)

The AI-generated disinformation dystopia that wasn't
(DBN)

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Autos:

It’s becoming harder to get — and keep — a car
(DBN)

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Fraud:

Hedge Fund Fraudster Must Go Home, But Does Not Have To Stay In Prison
(DBN)

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Pharma:

The FTC Released A Scathing Interim Report On PBMs. What’s Next?
(DBN)

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Politics:

Biden just made the hardest decision any politician can make Biden’s decision to drop out crystallized Sunday. His staff knew one minute before the public did
(DBN)

Kamala Harris clears the path to the nomination as potential challengers fall in line Potential rivals step aside and donors step up as Harris begins a new campaign This Is Exactly What the Trump Team Feared Harris Cements Democratic Support as 2024 Election Is Reset Harris swiftly consolidates support The road to nomination clears for Harris as Pelosi, other Democrats endorse her As Harris moves to secure the Democratic nomination, misinformation follows soon after online Harris secures enough delegates to win nomination as super PAC raises $150 million Majority of pledged delegates back Harris' nomination Does Kamala Harris get Biden’s delegates? Here are answers to all your questions about what comes next Harris campaign announces it raised $81 million in first 24 hours Hours after Biden dropped out, Trump’s campaign managers released a blistering statement against Harris Searching for the Real Kamala Harris Donald Trump once donated to Kamala Harris campaign in California Why Obama Hasn’t Endorsed Harris ‘A wise investment’: Trump’s $6,000 gift to Kamala Harris comes back to bite him "Deeply grateful": Harris praises Biden in first remarks since election bombshell Kamala Harris-coconut tree connection, explained Republican FEC chair suggests Harris may not get Biden war chest Prominent Biden donor says he won’t fundraise for Harris 2 top House Democrats throw support behind Harris MAGA World Resurfaces Kamala Harris ‘Side Chick’ Slurs Democrats unite around Harris after Biden drops out Kamala Harris' media strategy right out the gate is young, fun, and unburdened by what has been Brat campaign: Harris team swiftly embraces Gen Z memes about VP How Kamala Harris became part of Charli XCX’s ‘Brat’ summer Celebrities rush to embrace Kamala Harris as Biden bows out Will Taylor Swift Endorse Kamala Harris? 'Insanity' To Fight Kamala Harris, US Polling 'Nostradamus' Warns Democrats Former attorney general Holder to vet Harris' potential running mates, sources say World Leaders Rush to Size Up Harris While Bracing for Trump Win Wall Street’s ‘KHive’ Fired Up as McGuire, Lasry Back Harris How Harris is planning to run against Trump Montel Williams Rejects Calls to Back Ex-Girlfriend Kamala Harris Polling suggests Harris might be able to outperform Biden against Trump among these groups ‘I Know Donald Trump’s Type’: Harris Receives Thunderous Applause Recalling Experience Prosecuting ‘Perpetrators of All Kinds’ Pressure on Harris from Democrats is immense Senate GOP plots new attacks on Kamala Harris GOP Rep. Tim Burchett calls Kamala Harris a 'DEI vice president' How Harris' presidential campaign is rapidly taking shape Black voters feel excitement, hope and a lot of worry as Harris takes center stage in campaign
(DBN)

What the polls say about a Trump-Harris matchup
(DBN)

Gretchen Whitmer is definitely maybe running for president Whitmer endorses Harris: ‘I am fired up’
(DBN)

As Biden drops out, N.C. Gov. Roy Cooper rises
(DBN)

Manchin says he wouldn’t serve as Harris VP Joe Manchin, one of the few threats to Kamala Harris, says he won't take her on Joe Manchin Says He ‘Not Going to be a Candidate for President’
(DBN)

Democratic VP contender Josh Shapiro made his name battling Trump in court as Pennsylvania AG
(DBN)

Beshear endorses Harris amid VP speculation
(DBN)

Why Trump Suddenly Thinks Picking J.D. Vance Was a Mistake With Biden out, Vance may be the wrong pick for Trump Could Usha Vance be Team Trump’s X-factor? Potential Dem VP Pick Comes After JD Vance
(DBN)

JD Vance's hometown state senator says civil war may be needed to 'save our country'
(DBN)


Donald Trump Responds to Michelle Obama Threat
(DBN)

Biden Is Out of the Race. Trump Is Still Attacking Him.
(DBN)

Whoopsie: Aaron Sorkin Doesn’t Want Democrats to Nominate Mitt Romney After All
(DBN)

Furious Republicans rain down on Secret Service director The right is attacking the Secret Service’s women agents. Trump hasn’t joined in. Jordan asks whether Secret Service ‘guessing or lying’ on Trump request for more protection Trump shooting was significant US Secret Service 'failure' Progressive rep calls on Secret Service director to resign, citing former head after Reagan shooting Secret Service Director Takes Blame for Trump Shooting: ‘We Failed’ Secret Service director grilled over rally shooting: 'Full of s---'
(DBN)

Elon Musk Posts Video of Trump Blowing Up Biden Just Days After Assassination Attempt
(DBN)

‘No sign this award exists’: Daniel Dale fact checks Trump’s ‘Man of the Year’ claim
(DBN)

Abbott threatens to ‘triple razor wire’ on border after Harris nod
(DBN)

RFK Jr. floated a job in a Trump White House as he weighed endorsing Trump
(DBN)

Biden’s exit positions Doug Emhoff to become the first Jewish White House spouse
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (17 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Commercial Chapter 11 bankruptcies see a 34% increase in the first half of 2024
(DBN)

Where Have All the Cowboys Gone?: An Examination into the Possible Causes for the Decline of Chapter 12s
(DBN)

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Mass Torts:

Baltimore archdiocese bankruptcy nears critical mediation phase following last-minute deal with insurers
(DBN)

Lawyers for Ovarian Cancer Victims Urge NO Vote on J&J’s Latest Bankruptcy Plan
(DBN)

Judge: Beasley Allen Should Not Be Disqualified From Talc Leadership
(DBN)

Supreme Court Finds Insurers Have Standing in Chapter 11 Bankruptcy Proceedings
(DBN)

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Evidence:

Opening The Black Box Of Generative AI: Explainability In Bankruptcy Cases
(DBN)

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Sanctions:

Appellate Courts Skeptical About Bankruptcy Court Sanctions
(DBN)

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Aviation:

SAS AB’s plan of reorganization in Sweden approved – applies for a conditional delisting of all common shares and commercial hybrid bonds
(DBN)

Hundreds of US flights are canceled for the 4th straight day. Here’s the latest on the global tech outage Why Delta is still canceling flights as other airlines return to normal
(DBN)

Southwest flight flew just 150 feet above the ground, tracking data shows
(DBN)

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Climate:

Wildfires erupt in West, Canada amid major heat wave
(DBN)

Sharks thriving in warming waters
(DBN)

E.P.A. Announcing $4.3 Billion in Funding for 25 Climate Projects
(DBN)

Despite sizeable cuts to emissions, U.S. still far off track to hit its goals, report finds
(DBN)

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Food/Beverage:

Struggling restaurant chain hits Chapter 11 bankruptcy problem
(DBN)

8 Restaurant Chains Facing Bankruptcy In 2024
(DBN)

CEO Beth Scott has departed from MOD Pizza
(DBN)

Pizza Hut franchisee EYM files for Chapter 11 bankruptcy protection
(DBN)

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Yachts:

Navigating shipyard insolvency during superyacht builds
(DBN)

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Trucking:

2 Miami trucking companies file for bankruptcy protection
(DBN)

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Sovereigns:

Ukraine’s debt restructuring: First payment scheduled for 2029
(DBN)

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UK:

Debt relief orders drive rise in personal insolvency numbers
(DBN)

Bankrupt council looking for new committee members
(DBN)

Starmer says UK will work with whoever wins US election, declines to back Harris
(DBN)

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EU:

Europe treads carefully as Biden ends US reelection bid ‘Invisible’ Kamala Harris struggles to win over Europe
(DBN)

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Canada:

Delta 9 Seeks Bankruptcy Protection as Debt Soars Over $133 Million
(DBN)

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Netherlands:

Dutch Esprit branch files for bankruptcy
(DBN)

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Austria:

Viennese real estate developer Imfarr is insolvent
(DBN)

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MENA:

Israel Orders Evacuation of Part of Gaza Humanitarian Zone
(DBN)

Netanyahu requested meeting with Trump this week during US visit Democrats' chaos makes Netanyahu speech an "afterthought"
(DBN)

Biden vows to end Gaza war, bring hostages home before he leaves office
(DBN)

The ICJ has demolished Israel’s claims that it is not occupying Palestinian territories
(DBN)

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Germany:

Bank talks fail for Apollo-owned German property firm Demire
(DBN)

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Sweden:

Sweden’s Oscar Properties faces bankruptcy application over settlement dispute
(DBN)

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China:

China slashes interest rates in a surprise move to boost its slumping economy
(DBN)

China’s New Plan to Fix Debt Woes Is Seen as Marginal at Best
(DBN)

The Hong Kong tower that symbolizes China’s credit bubble bust
(DBN)

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India:

Byju’s Lawyers Blame Client in Bid to Quit US Bankruptcy Case
(DBN)

Byju's Founder Denies Wrongdoing as Company Faces Bankruptcy Threat
(DBN)

Creditors recovered 32% of their claims
(DBN)

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