June 21, 2024

The Daily Bankruptcy News

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Law:

Which BigLaw firms pay the highest starting salary?
(DBN)

New Law School Rankings And Old Supreme Court Drama
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Lawyers on track for mid-year bonuses at US trial firm McKool Smith
(DBN)

Top 5 Mistakes Lawyers Make When Networking
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19 state AGs fire back after others demand ABA diversity standards change Democratic AGs Defend Diversity Requirements for Law Schools
(DBN)

Morrison Foerster to Close Beijing Office as Rivals Cut Presence
(DBN)

AI could become a lawyer's greatest help in the courtroom
(DBN)

Law School Deans 'Fearful' For Democracy, Urge Lawyers To Train To Sustain Rule Of Law
(DBN)

Manhattan DA details wave of threats after Donald Trump's felony convictions
(DBN)

Supreme Court Slaps Down Fifth Circuit. Again. This Time It's Their First Amendment Jurisprudence Under Fire.
(DBN)

Lawyer reinstated after Pringles can poop prank Lawyer Suspended For Pooping In Pringles Can Gets His Law License Reinstated
(DBN)

Vault's Top Law Firms By Practice Area And Region (2025)
(DBN)

Ex-law school IT director accused of making unauthorized purchases worth $68K
(DBN)

Firestorm erupts over requiring women to sign up for military draft
(DBN)

Manhattan DA drops charges against most of the Columbia University protesters
(DBN)

Fox News Cleared in Lawsuit Over Falsely Linking Man to Neo-Nazi Killer
(DBN)

Ten Commandments, abortion pills, castration: Louisiana's new laws pushing boundaries ACLU Sues Louisiana Over 10 Commandments
(DBN)

Jack Smith forecasts lengthy response to Trump claims of ruined Mar-a-Lago evidence
(DBN)

Judge questions Trump claim that Smith is part of ‘shadow government’
(DBN)

Bar authorities in DC want Hunter Biden's law license suspended
(DBN)

Mike Lindell Don't Need No Stinkin' Lawyers MyPillow founder Mike Lindell loses his final attorney in challenge award lawsuit
(DBN)

'I will not say I'm sorry': 73-year-old man who assaulted police at Capitol sentenced
(DBN)

Trump ‘Fake Electors’ Prosecution in Nevada Dismissed by Court
(DBN)

Suit from ex-council member arrested after criticizing city official can proceed, Supreme Court rules
(DBN)

Mexican cartels offering pricey VIP package for migrants trying to get into US New $72,000 Migrant Smuggling Routes to The Us Start with Charter Flights
(DBN)

Death of 12-year-old girl in Texas fuels Trump-Biden debate on immigration
(DBN)

Democrats introduce bill to repeal Comstock abortion law, guard against Trump actions
(DBN)

Man who killed friend because he believed victim 'summoned Bigfoot' sentenced to prison
(DBN)

Justices rule against convicted drug mule who claimed no knowledge of drugs in car
(DBN)

The Gun Lobby’s Hidden Hand in the 2nd Amendment Battle
(DBN)

Parents left kids in locked car that reached 125 degrees in Walmart parking lot: Cops
(DBN)

Management company blames parents for death of 8-year-old girl sucked into pool pipe
(DBN)

Mob of teens hurl bottles at Jewish man on Brooklyn street
(DBN)

Sixteen Kids and a Hit Man: Christopher Pence kept adding to his family. Then he decided to remove two people from the mix.
(DBN)

Navy vet who admitted to killing and sexually assaulting child exonerated by DNA evidence
(DBN)

Panicked Arkansas grocery store shoppers hid in freezer and ran for cover during shooting that killed 3 and wounded 10 Three people killed, 10 wounded in Arkansas supermarket shooting
(DBN)

FBI raids home of embattled Oakland Mayor Sheng Thao
(DBN)

Group claiming CDK systems hack demands millions of dollars
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FBI raid of Oakland mayor rocks city, fuels questions over family's political influence
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Judges:

Disgraced Ex-Bankruptcy Judge Taps Star Lawyer David Boies
(DBN)

Trump's lawyers call for N.Y. civil fraud judge's recusal Trump moves to have judge in New York civil fraud case recused Trump demands recusal of NY civil fraud judge over chat with outside lawyer
(DBN)

Justice Thomas complains about Kagan-led majority in jeweler’s 4th Amendment case
(DBN)

Gorsuch chastises Supreme Court majority in drug trafficking case dissent
(DBN)

Judge in Trump Documents Case Rejected Suggestions to Step Aside Judge Cannon refused to step down from Trump's classified docs case Trump Mar-a-Lago judge rebuked advice of fellow judges to stand down Trump’s Favorite Judge Puts Mar-a-Lago Prosecutor on Trial
(DBN)

Supreme Court still reluctant to allow livestreaming of opinion announcements
(DBN)

Media Matters Isn't Saying Judge Reed O'Connor Is Conflicted. They're Just Saying That He Stands To Financially Benefit From Twitter SLAPP Suit.
(DBN)

Judge Glanville Channels His Inner Bartelby And 'Rather Nots' Demand To Recuse
(DBN)

Supreme Court Slaps Down Fifth Circuit. Again. This Time It's Their First Amendment Jurisprudence Under Fire.
(DBN)

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Wall Street:

S&P 500 closes lower Friday as Nvidia falters, Dow posts best week since May
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Stock market in longest stretch without 2% sell-off since financial crisis...
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Layoffs:

Tesla internal data shows company has slashed at least 14% of workforce this year
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Healthcare:

Map Shows US States Struggling With Medical Debt
(DBN)

Bird flu map shows unprecedented spread as expert warns future pandemic inevitable
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Texas adopts guidance for how doctors should interpret abortion ban
(DBN)

Appeals court finds 'Obamacare' pillar unconstitutional in suit over HIV-prevention drug
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Autos:

Car Dealerships Across US Halt Services After Cyberattack Massive computer outage at car dealerships could last for days, company says CDK Hackers Want Millions in Ransom to End Car Dealership Outage
(DBN)

Hertz to Sell $750M in Debt to Cover EV Losses
(DBN)

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Banking:

Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
(DBN)

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Celebs:

Someone Wrote ‘F--- Elon’ on Dozens of Cybertrucks in a Florida Parking Lot
(DBN)

Kyle Rittenhouse Family Faces Eviction
(DBN)

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Labor:

Teamsters President to Speak at Republican National Convention
(DBN)

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Corporate Governance:

Tesla Seeks to Delay July Hearing in Battle Over Musk’s Pay Tesla, opponents of Musk's pay clash over resolving compensation lawsuit
(DBN)

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Movie Theaters:

AMC Starts Talks With Lenders to Cut Debt, Extend Maturities
(DBN)

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Crypto:

US Lawmakers See Ill and Jailed Binance Exec on Trial in Nigeria
(DBN)

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Economy:

Biden economists claim progress on grocery inflation
(DBN)

Weekly Initial Unemployment Claims Decrease to 238,000 US jobless claims fall to 238,000 from 10-month high
(DBN)

Gen Z and millennial NEETS are on the rise — many say they'd rather do nothing than be unhappy at work
(DBN)

The depressing reality of quiet vacationing
(DBN)

CEOs admit their company culture sucks
(DBN)

Will Debt Sink the American Empire? - WSJ
(DBN)

Pence group pushes Trump tax cuts as GOP debate on tariffs looms
(DBN)

Nearly 71 Million People Expected to Travel over July 4th Week
(DBN)

Trillionaire club throws an indulgent theme party
(DBN)

America's Middle Class Is Shrinking
(DBN)

High-Grade Company Bonds Increasingly Trade Near Junk Levels
(DBN)

Maria Bartiromo claims a loaf of bread is $13 under Biden
(DBN)

Dell said return to the office or else—nearly half of workers chose “or else”
(DBN)

If it’s 100 degrees out, does your boss have to give you a break? Probably not.
(DBN)

Trump Said Tariffs Would Reduce the Trade Deficit. Instead, It Grew.
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Why America's housing shortage is getting worse, even as construction sees its biggest boom in 16 years
(DBN)

Home prices hit record high in May as sales stall
(DBN)

Mortgage rates fall to their lowest level in almost three months
(DBN)

U.S. home prices have far outpaced paychecks. See what it looks like where you live
(DBN)

Realtor.com Reports Active Inventory Up 36.0% YoY
(DBN)

Single Family Starts Down Slightly Year-over-year in May; Multi-Family Starts Down 50%
(DBN)

Housing Starts Decreased to 1.277 million Annual Rate in May
(DBN)

Reality TV’s New Star: The Mansion Nobody Is Buying - WSJ
(DBN)

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Municipalities:

These are the 10 best cities for new college graduates—New York City didn’t make the list
(DBN)

How much a single person needs to earn to live alone in the 25 largest U.S. cities
(DBN)

What Happens When Migrants Arrive in America’s Suburbs? - WSJ
(DBN)

Citigroup, UBS Exit Munis After Market’s Profits Plummet by 50%
(DBN)

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Oil/Gas:

LA Lawmaker Vows New $15 Billion Fight Over Oil at Calpers, Calstrs
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Media:

Deluge of ‘pink slime’ websites threaten to drown out truth with fake news in US election
(DBN)

Pulitzer Prize-winning Washington Post journalists call for leadership change amid publisher scrutiny Washington Post publisher alleged to have advised Boris Johnson to ‘clean up’ phone during Partygate Covid scandal
(DBN)

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Climate:

Heat waves not just scorching U.S. Heat wave expands into new areas and intensifies in others Meteorologist explains why US heat wave is abnormal 65 million people under heat alerts as scorching temps break records from Midwest to Northeast New York, Washington Wilt Under Weekend Heat and Humidity
(DBN)

Hawaii Agrees To 'Historic' Settlement In Youth Climate Case
(DBN)

Heat and snowfall, rain and wildfires. It’s a week of extreme weather in the U.S
(DBN)

Oops! Geoengineering Trick to Cool Brutal Heat Could Spike Temperature Elsewhere, Scientists Say
(DBN)

Terror in Escaping New Mexico Wildfire
(DBN)

Extreme heat kills hundreds, millions more sweltering worldwide as summer begins
(DBN)

Climate activists covered private jets in orange paint in a Taylor Swift-inspired stunt, but didn't get her plane
(DBN)

Texas faces flooding and heavy rain from Alberto after storm makes landfall in Mexico
(DBN)

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Fintech:

How Apple is winning the financial services game
(DBN)

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Food/Beverage:

McDonald's new $5 meal deal heats up fast-food wars
(DBN)

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Pharma:

Ozempic drugmaker is 'ripping off the American people' with high prices, says Bernie Sanders
(DBN)

The Opaque Industry Secretly Inflating Prices for Prescription Drugs
(DBN)

Rite Aid Fights $200 Million Bill After MedImpact Buys Elixir
(DBN)

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Tax:

Supreme Court upholds Trump tax provision on offshore earnings
(DBN)

Supreme Court rejects bid to preempt wealth tax
(DBN)

The Supreme Court’s new tax decision is great news for billionaires
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Politics:

This Democratic Governor Knows How to Win in a Red State. Is His Party Listening?
(DBN)

Donald Trump Suffers Abysmal Polling Week Fox News Poll: Three-point shift in Biden-Trump matchup since May Trump lashes out at Fox News over latest poll: ‘TRASH!’ Trump leads in battlegrounds ahead of first debate
(DBN)

Trump Is ‘Broke Don’ No More as Fundraising Race Shifts His Way
(DBN)

Biden, Trump prep for presidential debate that will highlight mental fitness
(DBN)

Seeing is believing? Not necessarily when it comes to video clips of Biden and Trump
(DBN)

Trump campaign seeks to head off convention revolt from its right flank
(DBN)

Fact check: Trump rewrites Wisconsin history in rally filled with false claims
(DBN)

6 things Trump says at his rallies and what they really mean
(DBN)

If Donald Trump Wins, Paul Manafort Will Be Waiting in the Wings
(DBN)

Luntz Sounds the Alarm on Biden Campaign
(DBN)

Republicans see a dead heat in Arizona Senate race
(DBN)

Winklevoss twins donate $2 million in bitcoin to support 'crypto president' Trump
(DBN)

RFK Jr. fails to qualify for first presidential debate Biden seeks turning point in debate vs. Trump Trump gets the final word at CNN debate after coin flip
(DBN)

Why presidents often struggle in their first re-election debates — and how Biden is getting ready
(DBN)

Melinda French Gates endorses Biden, her first presidential endorsement
(DBN)

Senate Democrats launch investigation into Jared Kushner's business
(DBN)

"I didn't want to have it": Hogan responds to Trump endorsement
(DBN)

Trump pursues rappers as surrogates for his campaign to win more voters of color
(DBN)

Texas Secessionists Working With Five Other States, Leader Says
(DBN)

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Transit:

Mass Transit Delays Are Wrecking the Return-to-Office Push
(DBN)

Siena poll: Voters like Hochul’s congestion pricing pause but dislike Hochul
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (120 new filings today)
(DBN)

Recent Ch. 11/9/12/15 Adversary Proceeding Filings (4 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
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SCOTUS:

Supreme Court upholds bar on guns under domestic-violence restraining orders
(DBN)

These Fractures in the Supreme Court Threaten to Sink It
(DBN)

Justice Samuel Alito absent from Supreme Court session for second day in a row
(DBN)

Neil Gorsuch Calls Out Supreme Court for Upending 100 Years of Precedent
(DBN)

Supreme Court gets ready to drop its bombshells
(DBN)

"Intentional": Harvard legal scholar says SCOTUS "deliberately delayed" Trump immunity ruling
(DBN)

What’s left for the Supreme Court to decide? Here’s the list.
(DBN)

Rightwing cases built on made-up stories keep making it to the US supreme court
(DBN)

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Aviation:

DOJ Says It Still Hasn’t Decided Whether to Prosecute Boeing
(DBN)

Southwest Boeing 737 inexplicably dives, flies below 500 feet over neighborhood: ‘Thought it was gonna hit my house’
(DBN)

Alaska Airlines, flight attendants reach ‘record’ tentative labor deal
(DBN)

US airline suspends staff after black men kicked off flight
(DBN)

3 surprising things people think are OK to do on planes, according to a poll
(DBN)

Astronauts wait to come home as Boeing races to understand spacecraft issues NASA again delays Boeing Starliner’s return to Earth Will Boeing's Starliner Ever Return to Earth?
(DBN)

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Education:

A Boston college blames pro-Palestinian student protests for lower enrollment
(DBN)

Charges Dropped Against Columbia U Protesters
(DBN)

Thou Shalt Not Post the Ten Commandments in the Classroom
(DBN)

Here are the top 10 most expensive places to go college in the U.S.
(DBN)

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Newspapers:

Jeff Bezos is under fire at the Washington Post as patience wears thin among staffers Who Will Be the Washington Post’s Next Owner? Robert Winnett Won’t Become Editor of the Washington Post
(DBN)

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Tech:

AI Replacing Humans Faster Than Thought
(DBN)

New York Implements Landmark Law Requiring Parental Oversight Of Social Media Algorithms
(DBN)

Trump Media stock has plunged 46% since Donald Trump was found guilty in hush-money trial
(DBN)

Nvidia sheds US$200 billion in value after short run as top stock
(DBN)

Surveillance risks posed by AI among the technology's most urgent problems: Hinton
(DBN)

The share of Americans who think computers are more intelligent than people has doubled since 2022
(DBN)

Target leans in on AI with new tool for store employees
(DBN)

Trump Media plummets 15% as DJT stock sell-off deepens
(DBN)

Humans must adopt ‘new way of life’ to defeat AI’s sinister advantage that helps it manipulate us, expert warns
(DBN)

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Religion:

Leading Pope Critic Says Vatican Is Putting Him on Trial Vatican charges pope critic Carlo Maria Viganò with the crime of schism
(DBN)

Robert Morris warned sex abuse accuser she could be prosecuted for seeking compensation, emails show
(DBN)

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Sovereigns:

Kenya’s Ruto Caught Between Street Protests and the IMF
(DBN)

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UK:

Bank of England holds interest rates steady despite inflation drop
(DBN)

UK’s Nigel Farage sparks outrage from opponents after saying West ‘provoked’ Ukraine war Nigel Farage will romp home in Clacton with 27 point lead, new poll reveals
(DBN)

4 Members of UK's Richest Family Jailed
(DBN)

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EU:

Europe Has a New Economic Engine: American Tourists - WSJ
(DBN)

China, European Union Agree to Hold Talks on EV Tariffs China Warns of Trade War with EU
(DBN)

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Russia:

Treason trial of detained American woman begins in Russia
(DBN)

More Russian Warships Spotted Fleeing Crimea
(DBN)

U.S. bans antivirus software from Kaspersky Lab
(DBN)

Russia’s shifting tactics put unprecedented pressure on Ukraine’s already hobbled power system Russia Hits Ukraine’s Power System For Eighth Time Since March
(DBN)

As U.S.-supplied weapons show impact inside Russia, Ukrainian soldiers hope for deeper strikes
(DBN)

U.S. to deliver air defense systems to Ukraine by delaying shipments to allies US gives Ukraine front-of-the-line privileges for air defense missiles
(DBN)

Why the West is so alarmed by North Korea and Russia taking their relationship to the next level
(DBN)

US signals that it has expanded policy to allow Ukraine to counterstrike into Russia US says Ukraine can hit inside Russia ‘anywhere’ its forces attack across the border
(DBN)

Putin’s Hybrid War Opens a Second Front on NATO’s Eastern Border
(DBN)

Russia Is Storing Up a Crime Wave When Its War on Ukraine Ends
(DBN)

Brazil, Mexico and Colombia say no to peace and yes to Putin
(DBN)

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France:

French Business Leaders See Threat to Economy From Macron’s Opponents
(DBN)

Emmanuel Macron has triggered France’s Brexit moment, warns Michel Barnier Macron Courts Coalition of Rivals to Block ‘Extremes’ From Power
(DBN)

Le Pen's National Rally seen leading vote in French snap elections - polls France’s National Rally Confirms Lead in Snap Election Polls
(DBN)

French Election Becomes ‘Nightmare’ for Nation’s Jews
(DBN)

Alleged rape of 12-year-old Jewish girl sparks antisemitism outcry in France
(DBN)

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MENA:

Why Hezbollah is threatening this tiny European country
(DBN)

Israel moving resources from Gaza to prepare for war in north, report
(DBN)

22 in Gaza Killed by Shelling Near Red Cross
(DBN)

Israeli military official says Hamas cannot be destroyed, as rift with Netanyahu widens
(DBN)

Hajj death toll tops 1,000 after extreme heat
(DBN)

The shipping industry is sounding the alarm as another vessel sinks in the Red Sea
(DBN)

Newly released video shows Saudi man filming locations ahead of 9/11 attacks
(DBN)

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China:

Map shows Chinese-owned farmland next to 19 US military bases in ‘alarming’ threat to national security: experts
(DBN)

‘Only Pirates Do This’: China Wields Axes and Knives in South China Sea Fight
(DBN)

Habeck Urges China to Stop Circumventing EU Sanctions on Russia
(DBN)

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