March 12, 2024

The Daily Bankruptcy News

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Law:

New bar passage stats show several law schools below ABA cutoff
(DBN)

Law School On Sixth Dean In Five Years
(DBN)

Morrison Foerster Adds Prominent Restructuring Partner Doug Mannal in New York
(DBN)

Recruiting Firms Join Forces To Become Go-To Headhunters For Elite Biglaw Firms
(DBN)

Themis legal practice group represents female clients and their allies
(DBN)

Deloitte Legal Chief Sees Opportunity in GCs’ Need to Modernize
(DBN)

Harvey Eyes ‘All Sorts’ of Lawyers in AI Legal Hiring Spree
(DBN)

The Best Law Schools For Practical Training (2024)
(DBN)

Law professor caught saying Black students never do well rails against 'woke catechism'
(DBN)

First-time bar exam pass rate ticked up in 2023 while racial gaps persist
(DBN)

U.S. Legal Services Sector Rebounds with 2,700 New Jobs in February
(DBN)

Lawyer accused of filing class action suit at behest of litigation opponent
(DBN)

Attorneys Issue Most Obvious Warning For Democracy Ever
(DBN)

They Sure Took Their Sweet Time Filing This Lawsuit
(DBN)

Verification Lawsuit May Force Banksy To Drop The Mask
(DBN)

Blaming Law Students For A 'Free Speech Crisis' Is Dangerous
(DBN)

Law Student Crowned As Miss World 2024
(DBN)

Trump seeks to derail New York hush money trial over immunity claims 'Round and round we go': Analysts say Trump waived presidential immunity in N.Y. trial Trump Claims Presidential Immunity For Porn Star Hush Money Payments. Also His Stupid Tweets After Trump seeks delay in hush money trial, judge tells him to get permission before filing any more motions
(DBN)

Trump and co-defendants should post bond for full $464 million judgment, NYAG says
(DBN)

Trump lawyers tell Mar-a-Lago judge they need more time for NY trial they seek to delay Jack Smith criticizes Trump for trying to stall Mar-a-Lago prosecution over NYC trial A key witness in Trump's classified documents case went public — and it could complicate Jack Smith's case How a key witness lifted the lid on Trump’s handling of classified documents Bombshell interview sees Trump witness reveal he loaded boxes of documents onto plane ‘Trump Employee 5,’ who unknowingly helped move classified documents, speaks out Takeaways from CNN interview with ‘Trump Employee 5’
(DBN)

Trump dubs Carroll ‘Miss Bergdorf Goodman’ in dig at defamation verdict E. Jean Carroll’s Lawyers Foil Trump’s Quiet Attempt to Stall $91 Million Payment Trump opens door to another E. Jean Carroll suit because he won't stop calling her a liar E. Jean Carroll's Lawyer Forces Donald Trump to Change His Bond Who Is Evan Greenberg? Businessman Connected to Trump's Bond Trump Just Made 'Highly Significant' E. Jean Carroll Mistake: George Conway
(DBN)

House GOP alleges January 6 committee withheld transcripts that undercut some of their most explosive claims House GOP report aims to undermine Jan. 6 committee
(DBN)

Trump pledges to free Jan. 6 rioters in early act as president if elected
(DBN)

Split screen: Biden shows vigor as Hur to testify on "poor memory" Robert Hur testimony gives Republicans their Mueller moment Special counsel who scrutinized Biden’s memory to come under spotlight Robert Hur will testify as private citizen with help from Trumpworld figures A high-stakes moment for Robert Hur
(DBN)

Another fine mess from the US Supreme Court
(DBN)

Peter Navarro Is Headed For The Hoosegow Peter Navarro ordered to prison on March 19 for four-month sentence Peter Navarro hankers for Supreme Court fight as prison report date looms
(DBN)

OpenAI hires Elon Musk foe Wachtell to fight lawsuit over company's mission
(DBN)

Killings by police brought reforms. Fear of crime is unraveling them Blue cities go red with conservative policies on crime Blue states usher in tougher drug and mental health policies amid backlash
(DBN)

Uvalde’s former mayor slams report that cleared officers of blame during massacre
(DBN)

I've Seen Lies From Both Sides Now, Immigration Edition FBI director warns of 'dangerous individuals' coming across southern border El Paso judge blocks Ken Paxton’s efforts to subpoena Annunciation House Architect of failed border deal hits Biden on immigration policy in SOTU
(DBN)

Influencer shot and killed by ex-boyfriend while on FaceTime with 3 friends
(DBN)

Wife thinks hubby is kidnapped by cartel but he is behind it all, cops say
(DBN)

'Crack bears' are a fiction, but Florida legislator wants the right to shoot them anyway
(DBN)

Daughter said she cut out her mom's heart because she wanted to 'inspect it': Police
(DBN)

Former college football player allegedly killed mom after mistaking her for an intruder
(DBN)

US Prison Population is Graying Fast
(DBN)

After Breonna Taylor killing, Louisville incentivized police to live where they work. No one's moved
(DBN)

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Judges:

Which Supreme Court justices threw Trump the immunity lifeline?
(DBN)

Where did all the small claims court cases go?
(DBN)

In Death Penalty Cases, a Texas Court Tests the Supreme Court’s Patience
(DBN)

Grassley claims Biden silencing immigration judges
(DBN)

Fed-up progressive justices are calling out the majority’s agenda
(DBN)

Was wrong person executed in death of Lindbergh baby? Ex-judge’s book and DNA quest raise issues
(DBN)

Judge in fired Twitter execs' lawsuit against Elon Musk suddenly disqualifies himself
(DBN)

Trump White House policy analyst moves for recusal of judge as Hunter Biden’s ‘hacking’ lawsuit threatens to ‘shut down the websites’ that posted ‘Biden Laptop Report’
(DBN)

Biden judicial nominee apologizes to Senate for not disclosing role at event with anti-Israel activists
(DBN)

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Wall Street:

S&P 500 futures tick higher as all eyes are on key inflation reading
(DBN)

FactCheck: The stock market “hit an all-time high under President Biden and not under President Trump."
(DBN)

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Layoffs:

Layoffs reached their highest level since the Great Recession last month
(DBN)

RNC's new Trump-backed team orders mass layoffs
(DBN)

Deadspin sold by G/O Media, editorial staff to be laid off
(DBN)

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Hotels:

Hotels: Occupancy Rate Decreased 0.3% Year-over-year
(DBN)

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Crypto:

Bankruptcy Judge Denies $1 Million Fee Request from Borrower Group in Celsius Chapter 11 Case
(DBN)

El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
(DBN)

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Economy:

Jamie Dimon says the Fed should wait on the rate cuts as its credibility is 'a bit at stake' Jamie Dimon Warns US Recession ‘Not Off the Table’ Yet
(DBN)

US Small-Business Optimism Decreases to a Nine-Month Low
(DBN)

The mismeasure of America - Polls are fueling 'pessimism inflation'— and that's going wind up hurting all of us
(DBN)

US inflation likely stayed elevated last month
(DBN)

More Americans Are Treating Their 401(k)s Like Cash Machines - WSJ
(DBN)

US spy agencies say country faces 'increasingly fragile world order'
(DBN)

The one man who could save Joe Biden
(DBN)

Biden’s vs. Trump’s economy, in 8 charts
(DBN)

Biden sends his $7.3 trillion budget to Congress Biden unveils sweeping budget blueprint for next term Biden's big plans: Wield new budget to stay on offense post-SOTU Biden, GOP release dueling budget blueprints Biden denounces Trump for $2tn tax cuts as he unveils budget plan
(DBN)

Want financial security in America? Better get married.
(DBN)

Biden's budget shows the limits of taxing rich Americans
(DBN)

Americans live further away from work than ever before: chart
(DBN)

A utopian strand of economic thought is making a surprising comeback
(DBN)

Trump on Social Security, Medicare cuts: ‘There is a lot you can do’ 'Social Security is on the ballot,' say advocates as Trump threatens cuts 'Lots of gibberish': Word salad transcript of Trump's Social Security interview How Trump ends Social Security Trump's campaign goes into damage control mode after he suggests cutting Medicare and Social Security benefits
(DBN)

47% of parents still financially support adult children, study finds. Here’s how much they spend
(DBN)


US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Lawler: Rent Trends at some Large Holders of Multifamily Properties
(DBN)

Housing March 11th Weekly Update: Inventory Up 0.4% Week-over-week, Up 21.1% Year-over-year
(DBN)

Inside Biden’s plan to unlock the housing market’s golden handcuffs
(DBN)

Signa Lenders Push Back Against Deal to Sell Austrian Assets
(DBN)

S.F.’s first new office conversion project in doubt as developer faces foreclosure
(DBN)

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Municipalities:

10 cities with the lowest salaries needed for a comfortable life — 4 of the top 5 are in Texas
(DBN)

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Oil/Gas:

Canadian Overseas Petroleum files bankruptcy in Canada, U.S.
(DBN)

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Celebs:

To get $9 million in pandemic aid, Lil Wayne pledged to operate a 'drug-free workplace.' The feds believed him.
(DBN)

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Politics:

Cuomo to Tucker Carlson: You ‘cherry-picked’ Jan. 6 video
(DBN)

Ex-chief of staff criticizes Trump for Hitler talk Trump’s Jaw-Dropping Praise For Nazi Leader Adolf Hitler Revealed By Ex-Chief of Staff John Kelly Former advisers sound the alarm that Trump praises despots in private and on the campaign trail How the American Right Fell in Love With Dictators, Over and Over Again
(DBN)

Sex trafficking survivor evoked by Britt responds to controversy Sex trafficking survivor slams Britt for inaccurate story in SOTU response Katie Britt offers explanation for sex trafficking story … kind of Britt backlash stokes GOP fears about losing women voters
(DBN)

Trump leads Biden in Georgia: Poll
(DBN)

Menendez pleads not guilty to new obstruction of justice, bribery charges
(DBN)

Another lens into the rightward shift of Black and Hispanic Americans
(DBN)

Texas' Far Right Billionaire Overlords See Election Gains
(DBN)

North Carolina Waking up to Mark Robinson
(DBN)

Kari Lake scrambling to deal with fallout over secret recording: report
(DBN)

Marjorie Taylor Greene to federal election regulators: get bent
(DBN)

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Transit:

Self-driving buses? Not a chance, drivers say
(DBN)

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Maritime:

The fastest ocean liner to cross the Atlantic faces eviction from a pier
(DBN)

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Finance:

A Year After Bank Collapses, Entrepreneurs Still Find Few Funding Options
(DBN)

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Banking:

After SVB’s Failure, Its Attempted Rescuer Charged $285 Million in Fees
(DBN)

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Utilities:

Texas had the most power outages in the country in last 5 years, new report finds
(DBN)

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Personal Finance:

3 red flags recruiters look out for in job candidates: They’re how you ‘get blacklisted’
(DBN)

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Tech:

China is teaching the likes of Apple and Tesla a very painful business lesson
(DBN)

Most teens aren't worried about their social media use: Pew
(DBN)

I'm a former tech manager who has put employees on PIPs. Almost no one survives them — someone in the company wants you gone.
(DBN)

Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.
(DBN)

Shotgun divorce: How ByteDance could save TikTok from a U.S. ban Four big questions for Washington on TikTok House GOP moves ahead with TikTok vote as Trump voices opposition to possible ban TikTok Crackdown Shifts Into Overdrive, With Sale or Shutdown on Table TikTok lobbying surges ahead of House vote this week Top intel agency says China used TikTok to influence U.S. elections
(DBN)

America’s election chiefs are worried AI is coming for them
(DBN)

Trump calls Facebook the enemy of the people. Meta’s stock sinks
(DBN)

Tesla and Apple China sales plunge as Chinese told to ditch Western products
(DBN)

U.S. Must Move ‘Decisively’ to Avert ‘Extinction-Level’ Threat From AI, Government-Commissioned Report Says
(DBN)

Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies
(DBN)

Western countries are more pessimistic about AI
(DBN)

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Retailing:

The Body Shop ceases US operations, plans to close dozens of stores in UK, Canada
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

‘The Truth vs. Alex Jones’ Review: A Vivid Portrait of a Villain on Trial
(DBN)

Alex Jones’ Media Company Reorganization Doubtful, Trustee Says
(DBN)

Infowars Parent Gets New Lawyer Amid Bankruptcy Case Concerns
(DBN)

Walmart Scores Partial Win in Opioid Crisis Suit Brought by US
(DBN)

Buffalo Diocese headquarters for sale for $9.8 million
(DBN)

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Venue:

Company's PO box allows it to file for bankruptcy in Texas, judge rules
(DBN)

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Aviation:

Southwest cuts capacity, rethinks 2024 financial forecast, citing Boeing problems Southwest Airlines shares dip 7% on 2024 capacity reduction plan, citing Boeing issues
(DBN)

Passenger describes people ‘bounced off the roof’ on plane that dropped during flight to New Zealand
(DBN)

Passenger on Boeing flight that suddenly dropped says pilot told him he lost control after instrument failure
(DBN)

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Education:

Conservatives seize counselor shortage to press school chaplains
(DBN)

Schools stare down deadline as COVID-19 relief funds set to expire
(DBN)

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Healthcare:

Health care providers losing up to $1B a day from cyberattack
(DBN)

Daily marijuana users 25 percent more likely to have a heart attack
(DBN)

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Climate:

The U.S. just had its hottest winter on record
(DBN)

Bloomberg to give $200 million for emissions cuts in 25 U.S. cities
(DBN)

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Autos:

Another Fatal Tesla Crash on Autopilot Tesla Autopilot and similar automated driving systems get ‘poor’ rating from prominent safety group
(DBN)

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Media:

Deadspin Is Dead … Again. Good Grief.
(DBN)

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Sovereigns:

New York Lawmakers Tackle Sovereign Debt Reworks Again
(DBN)

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UK:

Quick Guide to Administration
(DBN)

Members Voluntary Liquidations – Update
(DBN)

Thames Water not included in £180m sewage cleanup plan. It has an £8bn bill instead
(DBN)

David Mellen will not stand again as Nottingham City Council's leader
(DBN)

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Canada:

Newspaper chain SaltWire files for creditor protection, owes $32M to private lender SaltWire Network files for creditor protection, has $94M in debt
(DBN)

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Haiti:

U.S., EU and Germany evacuate diplomatic staff from Haiti over violence
(DBN)

Haiti's Prime Minister to Resign
(DBN)

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Russia:

Ukraine Conflict Two Years Later: Key Legal Lessons for Businesses
(DBN)

US Intelligence Chiefs Deliver Grim Warning for Ukraine
(DBN)

Ukraine Races to Shore Up Defenses as Momentum Shifts to Russia
(DBN)

Orbán says Trump won’t give ‘a penny’ to Ukraine after Mar-a-Lago meeting
(DBN)

Pentagon needs Congress to hand over $10B to replace weapons sent to Ukraine
(DBN)

Macron's 'empty' Putin threat could trigger World War 3, ex-NATO chief warns
(DBN)

Russia’s Crude Shipments Rebound to the Highest Level This Year Cargoes Head to China
(DBN)

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China:

China’s ‘Two Sessions’ Doesn’t Show Clear Path to Recovery
(DBN)

China scrambles to prevent another big property developer going bust
(DBN)

Vanke, the developer that will break China’s back if allowed to default China Vanke in Debt Swap Talks With Banks to Stave Off Default
(DBN)

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MENA:

Biden, Netanyahu clash over Rafah 'red line,' planned Israeli operation Netanyahu vows to defy Biden’s ‘red line’ and invade Rafah Tension Between Israel and US Is Rising With Gaza Death Toll Biden-Netanyahu divisions burst out into the open again Biden and Bibi "red lines" for Rafah put them on a collision course
(DBN)

First maritime shipment of aid to Gaza departs Cyprus, NGO says
(DBN)

Hezbollah Fires Wave of Missiles at Israel in Escalating Battle
(DBN)

American Muslims say they feel urgent need to send aid to Gaza this Ramadan as threat of mass starvation looms
(DBN)

US conducts defensive airstrikes as Houthis fire anti-ship ballistic missiles
(DBN)

US commission ends Saudi trip after Jewish chair told to remove kippah
(DBN)

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Spain:

Restructuring: A real lifeline
(DBN)

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India:

India announces steps to implement a citizenship law that excludes Muslims
(DBN)

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Brazil:

Brazilian Growers Go Bust in Blow to $7 Billion Farm-Credit Boom
(DBN)

Lula Plans Airline Bailout to Make Flying Cheaper for Brazilians
(DBN)

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Germany:

What to do with insolvent tenants?
(DBN)

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Argentina:

Argentina Cuts Rates to 80% in Surprise Move as Inflation Cools
(DBN)

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