November 1, 2024

The Daily Bankruptcy News

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Law:

Dozen major law firms had new partnership classes with 50% or more women for at least 4 years
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BigLaw firms set earnings expectations for partners, create ‘super tiers’ to reward top performers
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Kirkland partner can’t present argument or evidence because he ‘crossed the lines’ of court orders, judge says
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Sanction against Northwestern law prof affirmed by 10th Circuit
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Biglaw Firm Dropping $20 Million On Splashy New Office
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Jones Day gets involved in election litigation for RNC after declining to advise Trump campaign
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ChatGPT Exec Says AI Will Replace $2000/Hr Paralegals... Who Wants To Tell Her?
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Law firms ride private credit wave as market evolves
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‘January 6th is going to be pretty fun’: How MAGA activists are preparing to undermine the election if Trump loses
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Inside Trump’s ominous plan to turn civil rights law against vulnerable Americans
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Ex-Trump lawyer Kenneth Chesebro’s law license suspended in New York
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Rudy Giuliani isn’t ‘ready’ to handover his NYC apartment as he tries to stall bankruptcy order Movers Get Access to Bankrupt Giuliani’s Penthouse Apartment Lawyers are allowed into Giuliani’s NYC apartment after he misses a deadline for turning over assets Rudy Giuliani Goes On Shocking Rant Against ‘Insane’ Haitian Immigrants: ‘They Just Shouldn’t Have Been Taken Out of the Jungle’ Rudy Giuliani is muted by judge during fiery virtual court hearing with former lover
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Jack Smith Says Clarence Thomas' Opinion Does Not Bind Judge Chutkan
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Jack Smith rubbishes latest Trump dismissal bid in Jan. 6 case as meritless and too late
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Trump sues CBS News for $10 billion over Harris interview
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House panel refers Andrew Cuomo for prosecution, alleging 'false statements' on Covid report
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Diddy accuser must reveal name or rape case will be thrown out, judge rules Feds slam 'desperate' Diddy's 'bald attempt' to keep 'damning' abuse video out of evidence
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The 76 dangerous days between the election and the inauguration
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Would Justice Department and FBI officials carry out Trump’s prosecutions of his rivals?
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Police are searching for a man they say set three fires at ballot drop boxes. Here’s what we know about the suspect
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The “Fire-Breathing Texas Trial Lawyer” Filing All Those Diddy Lawsuits
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Woman who allegedly pepper-sprayed Muslim Uber driver while he was praying charged with hate crime
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New Mexico teen charged in shooting of 8-year-old sister
(DBN)

Family Releases Details of Missouri Prisoner Who Suffocated to Death
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Longtime music director at Michigan church fired for same-sex marriage
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Mom formed 'suicide pact' with daughter, 10, only to not take pills, watch overdose: Cops
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Daughter testifies her mother used chain saw to cut up grandma, burned body on grill
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Young Thug-YSL case ends in tatters with multiple plea changes YSL Lawyer Speaks On Young Thug Walking Free After Pleading Guilty Young Thug leaves jail after getting probation in lengthy Atlanta gang and RICO case
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Jaywalking officially legalized in New York City. Here's what it means for pedestrians.
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Man who called himself 'Michael Myers' at his own murder trial is sentenced on Halloween
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Fitness TikTok star kidnapped and murdered after going to Walmart to sell a photo: Police
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Neighbor murdered a father of 8 in front of the victim's wife just for petting a dog
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Police sued for arresting sober driver for DUI, confusing gas on X-ray for drugs
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Fairgoers join Ken Paxton in suing Texas State Fair for allegedly violating their gun rights
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Some US states have firearm death rates comparable to countries in conflict, report says
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Man grabs AR-15, hops into golf cart to chase burglary suspects. Instead, he shoots at 2 deputies
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Man left improvised explosive devices in Tampa's Hard Rock Casino, authorities say
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South American crew used signal jammers, blowtorches and disguises on California crime tour, feds say
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Orlando Mass Shooting During Halloween Celebrations
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‘I like to be in prison.’ Miami and Broward bank robber tells judge to give ‘me the max’
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Suspect arrested in killing initially thought to have been from bear Suspect chopped up man inside tent in murder initially thought to be bear attack: Cops
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Judges:

A Texas Judge’s Fight to Keep a High Profile Case Out of His Court
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There’s no such thing as a guaranteed Supreme Court vacancy
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Clarence Thomas Likely to Resign if Donald Trump Wins Election
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One Of The Scariest Federal Judges Says He Was 'Traumatized' By Horrifying Courthouse Halloween Exhibit
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Court advisory committee OKs look at third-party funding disclosure
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Boeing monitor will be chosen only on merit, DOJ tells court
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What we know about Trump, Harris, and judicial nominations
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Chemerinsky: Elections matter, from composition of federal bench to our highest court
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Sam Alito Got Knighted... Just Like The Founding Fathers EXPLICITLY MADE UNCONSTITUTIONAL
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8 Justices on Mexico's Supreme Court Resign
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Wall Street:

Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data Stocks Rise With Payrolls Set to Cap Volatile Week
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Stocks Mixed as Apple Down, Amazon Up on Earnings
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Stocks are gripped by 'near-euphoric sentiment' and the election may offer a chance to pull back, Citi says
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BofA Joins Citi’s Call to Sell Stocks If Trump Win Sparks Rally
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Layoffs:

PepsiCo to shutter 3 more bottling plants, lay off hundreds
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Wayfair to lay off 218
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Chevron Flags Possible US Job Cuts in $3 Billion Cost Cutting
(DBN)

Walgreens to lay off over 250 people
(DBN)

PSU announces faculty layoffs
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USC Verdugo Hills Hospital laying off 65 nurses, staff as it closes maternal unit
(DBN)

Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again”
(DBN)

Robots can make your fries, salads and guacamole. Is this the future of fast food?
(DBN)

Scranton company planning 108 layoffs
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Climate:

Republicans unveil emergency bill to fund tapped-out disaster loan program
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The world acted too late to avert climate catastrophes. Now the US effort to deal with them is struggling.
(DBN)

At least 155 people killed in devastating flash floods in Spain Spanish Soldiers Search for Missing People as Death Toll Rises Raging Waters, Abandoned Cars, Layers of Mud: A Grim Scene After Spanish Floods A Catastrophic Deluge Leaves Parts of Spain in Ruins Why Spain’s floods were so deadly
(DBN)

Americans just lived through one of the driest months in history. A big change is on the way
(DBN)

If Trump Wins, Climate Diplomats Are Ready to Bypass US Role
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Lifestyle Changes Offer Direct Path to Emissions Cuts, Study Finds
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Europe’s Big Climate Plan Isn’t Working EU Emissions Fall as Renewable Energy Surges
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How a Tiny Panel, Up for Election, Could Steer Arizona Away From Clean Power
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Tech:

AI hype is a bubble set to burst as it follows the path of tech manias throughout history, legendary investor Jeremy Grantham says
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Tech Giants Are Set to Spend $200 Billion This Year Chasing AI
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Foreign govts using ChATGPT to influence voters
(DBN)

Big Tech workers got too used to perks. The pampering is over Big Tech's vanishing perks have left employees to face a stark new reality
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Super Micro Shares Turn Negative for 2024 After Auditor Resignation Super Micro’s $50 billion stock collapse underscores risk of AI hype
(DBN)

‘AI God’ art painted by humanoid robot could fetch up to $180,000 in ‘first of its kind’ auction
(DBN)

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth Apple Sparks Concerns With Tepid Forecast, China Weakness
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Microsoft’s stock has worst day in two years after disappointing forecast
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Amazon’s cloud unit records highest profit margin in at least a decade
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Television:

Comcast explores spinoff of cable assets
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Batteries:

Danish Fund ATP Lowers Value of Stake in Troubled Northvolt
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Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden
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Private Equity:

KKR’s $20 Billion Goal Tests Investor Appetite for Buyout Funds
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Student Debt:

Harris needs to finish the job on for-profit college loan discharges
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Travel:

Lured by Luxury Vacations, They Were Stuck With Debt
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Fraud:

They’re Giving Scammers All Their Money. The Kids Can’t Stop Them.
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Forest Products:

Logging Is a Way of Life in Appalachia. It’s Hanging on by a Thread - WSJ
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Maritime:

Harland & Wolff creditors ‘unlikely to be repaid in full’
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Economy:

The Fed’s favorite inflation index just cooled again Key US Inflation Gauge and Spending Pick Up in Solid Economy
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Inflation Is Basically Back to Normal. Why Do Voters Still Feel Blah?
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4 charts examining grocery inflation
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Bond Traders Scour US Jobs Data for Clues on Fed’s Rate Plan
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'Bear the burden': CEOs warn major price hikes already planned to offset Trump tariffs
(DBN)

Personal Income increased 0.3% in September; Spending increased 0.5%
(DBN)

Expect the unexpected in Friday’s jobs report Friday’s jobs report expected to show slowest pace of hiring in years October Employment Preview US Jobs Report to Show Temporary Hit From Hurricanes, Strikes
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Weekly Initial Unemployment Claims Decrease to 216,000
(DBN)

Friday’s jobs report just might disprove right-wing conspiracy theories
(DBN)

California could soon have nation’s highest minimum wage if voters approve
(DBN)

The Next President Inherits a Remarkable Economy
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What a Trump or Harris presidency would mean for your tax bill
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The US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says
(DBN)

Donald Trump's Allies Are Preparing Americans for Higher Prices if He Wins
(DBN)

500 Amazon employees reportedly ask AWS CEO to reverse return-to-office policy
(DBN)

Employers willing to pony up for in-office work, Robert Half says
(DBN)

Americans moved out of these states the most, flocking to others that were often cheaper and less crowded
(DBN)

Markets Are Underpricing the Possibility of a U.S.-China Economic War
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More than half of older US workers say ageism hinders their hiring
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How Trump or Harris would address Social Security’s problems
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US Debt Clock
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World Debt Clock
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Real Estate:

Rapidly rising rents squeeze millions in the middle class
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Who Paid More in Rent: Gen Z or Millennials?
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Realtor.com Reports Active Inventory Up 27.6% YoY
(DBN)

Freddie Mac House Price Index Increased in September; Up 3.6% Year-over-year
(DBN)

Almost one-quarter of adults base living decisions on politics
(DBN)

Realtors are fighting over hidden listings. Their battle could make it harder to find a home.
(DBN)

Problem loans: Tracking the biggest multifamily delinquencies
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Buying a home in one of these 9 climate-risk states? Here's how to deal with spiking home insurance rates from someone who lives in one
(DBN)

Signa Restructuring Plan Fails After Austrian Top Court Orders Bankruptcy
(DBN)

Mortgage Rates Jump for Fifth Week, With 30-Year Reaching 6.72%
(DBN)

FirstSun looks to alter HomeStreet deal again
(DBN)

Judge puts Providence Place mall into receivership
(DBN)

Man gets life in prison for the 'execution' killing of landlord over eviction notice
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Municipalities:

California to Test Voters’ Mettle, Seeking $20 Billion in Bonds
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Oil/Gas:

Pump Prices Tumble 20% in Key Swing States Ahead of Election
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The U.S. LNG Export Boom Faces Challenges US LNG exports to rise at smallest pace since 2016
(DBN)

Shell's $6 billion profit smashes forecasts as LNG offsets weak refining Exxon, Chevron Beat Estimates on Higher Permian Oil Production
(DBN)

US Oil Production Hits Another Record, Adding to Supply Worries
(DBN)

Biden Administration Recommends Approval of Texas Oil Port
(DBN)

Ford to Halt F-150 Lightning Production as EV Demand Wanes
(DBN)

22% of All New Cars in California are Electric
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Fraud:

October 2024 Ponzi Scheme Roundup
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Politics:

Poll: Americans anxious and frustrated about election Harris and Trump are neck and neck in Georgia and North Carolina Electoral College Map Projector Flips Two States to Kamala Harris Final Pennsylvania Polls Look Grim For Kamala Harris I visited a deeply divided Pennsylvania – and found Republicans repeating an enormous lie Trump is favored to win, despite his campaign Polls show it's still a close race in the swing states Poll: Trump, Harris knotted in Michigan with Election Day approaching Signs Kamala Harris Could Win Are 'Clear as Day'—Election Forecaster Why North Carolina Stays Stubbornly Red Uncomfortable Nikki Haley backers weigh their options Why the Right Thinks Trump Is Running Away With the Race What Trump is being told Democrats are beating Republicans in voter enthusiasm, even as swing-state polls show tight race Two charts and a map to help make sense of all the early voting data Women Dominate Early Voting as Donald Trump Supporters Get Nervous Donald Trump Gets Warning Sign Among White Voters in Pennsylvania Democratic Voter Enthusiasm Ahead of Republicans by Double Digits: Poll Trump Allies Issue Warning That He Could Lose Critical Battleground State
(DBN)

Trump says Liz Cheney should be 'shot in the face' by nine guns in sickening fantasy Trump says Liz Cheney wouldn't be such a 'war hawk' if she had guns pointed at her Trump's "enemies within" list Trump misses truck door handle twice and nearly falls over in worrying sign of decline Leg Drag Mystery Confused Trump starts repeating himself as bored fan starts pulling mocking face Trump sparks concern with claims of fraud in Pennsylvania Trump insists he has big lead over Harris, setting stage for 2024 doubts Rogan says he warned comedian against Puerto Rico joke before NYC Trump rally Donald Trump Tries To Command News Cycle With Lawsuit Against CBS Over Kamala Harris’ ‘60 Minutes’ Interview Trump’s plan to radically remake government with RFK Jr. and Musk is coming into view Trump's net worth slumps by as much as $2.4 billion amid DJT stock plunge Trump 'Garbage' Comments 'Will Drive More Latino Turnout in Swing States' Clip of Trump Calling Harris Allies 'Scum' and 'Garbage' Resurfaces The big lie behind Biden’s “garbage” gaffe scandal Fox News Host Says Wife Voting For Harris Is The Same Thing As Having An Affair Mark Cuban's Trump Women Remark Sparks MAGA Rage: 'Profoundly Offensive' Mark Cuban Issues Apology Over Trump Women Remark: 'No Excuses' Trump Campaigns with Mississippi Welfare Queen Michael Flynn Predicts Potential ‘Violence’ If Election Results Aren’t Known Immediately
(DBN)

Harris Aims to Put Trump Back on Defense After His Garbage Truck Stunt Harris leans into economy and abortion rights in new ads in final days of presidential campaign Harris Campaign Ad Features 'Protector' Trump Saying 'Whether The Women Like It Or Not' Lebron James Endorses Harris with Video Montage of Trump Hate Ray McGuire’s Political Moment Has Arrived With Early Bet on Kamala Harris Harris Seizes On Trump’s Vow to Protect Women Whether They ‘Like It Or Not’ "Whether the women like it or not": Trump's words fan the GOP's gender gap Bill Clinton Justifies The Mass Killings Of Palestinians Kamala Harris Goes Quiet on Student Loan Forgiveness The Economist Endorses Harris, Warns Trump Carries ‘Unacceptable Risks’
(DBN)

Speaker Johnson's 'no Obamacare' remark draws fire
(DBN)

No, the number of votes cast does not exceed the number of voters.
(DBN)

White House Aides Changed Official Transcript of Biden's 'Garbage' Remark
(DBN)

Elon Musk seeks to move $1M swing state voter giveaway case to federal court Elon Musk not in attendance at hearing in Philadelphia on his controversial $1 million giveaway Pennsylvania lawsuit over Musk voter giveaways temporarily paused Elon Musk case over $1M voter giveaway moved to federal court Elon Musk Lottery Could Give Trump 50,000 Pennsylvania Votes, Axelrod Says Workers Say They Were Tricked and Threatened as Part of Elon Musk’s Get-Out-the-Vote Effort How Elon Musk turned X into a pro-Trump echo chamber How Elon Musk Changed Course to Go All Out for Trump Musk's Millions: Five Ways The World's Richest Man Helps Trump Elon Musk Could Have US Citizenship Revoked If He Lied on Immigration Forms
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Here’s why millions of Americans in Puerto Rico, other territories can’t vote for president
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Churches hosting MAGA events likely violate tax law, experts say
(DBN)

Why the battle for the House could come down to California
(DBN)

Librarians Face a Crisis of Violence and Abuse
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The No-Surprise October Surprises in the 2024 Presidential Election
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Where same-day voter registration is allowed in the U.S.
(DBN)

62 Million Have Already Voted What the early voting data shows about new voters — a group that could swing the election
(DBN)

Far-right crashes race for McConnell successor
(DBN)

This ‘Friendly’ Wisconsin Town Might Be the Most Divided Place in America
(DBN)

Are Ballot Selfies Legal? That Depends on Where You Live.
(DBN)

Tucker Carlson Says Demon Attack Left Him Bleeding In His Bed With ‘Claw Mark’ Scars Satan Fired Tucker Carlson, Right-Wing Christians Say
(DBN)

Love Trump? Hate MAGA? Where to escape if your team loses the US election.
(DBN)

Colleagues condemn Tarrant County GOP leader for repeated use of slurs
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Nursing Homes:

Sale approved for Lower Burrell, Hempfield nursing homes
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Bankruptcy court approves sale, operations transfer of 19 Guardian Healthcare facilities
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Hotels:

US hotel construction project pipeline hits all-time high in Q3
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Fitness:

PureGym Wins Bankruptcy Auction for Blink Fitness Assets
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Labor:

GM Fort Wayne workers OK strike authorization
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Agribusiness:

Ag secretary defends USDA investment in now-bankrupt processor that dumped 1.3M chickens
(DBN)

Minnesota farm town reshaped by migrants wrestles with real changes beyond the political vitriol
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Utilities:

TX State Senator Phil King Aided a Utility He Was Doing Business With
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Outdoor Recreation:

Colorado's Future Legends, The Pro's Closet collapse
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Autos:

BYD Sells Record Number of Cars in October as Hits Keep Coming
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Banking:

Warren blasts DOJ over TD settlement
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New Bankruptcy Opinions
(0 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (14 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (13 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Mass Torts:

Purdue Pharma nears new bankruptcy deal with Sacklers, mediator says
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Standing:

Chapter 7 Debtor’s Appellate Standing To Protect The Homestead Exemption? (In re Karamoussayan)
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D&O:

Your D&O coverage is probably inadequate, a broker says
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Claims Trading:

Bankruptcy Claims Trading Rules Need a More Level Playing Field
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Aviation:

Man allegedly pummels sleeping passenger in the face in bloody unprovoked attack on United Airlines flight
(DBN)

4 ways Europe’s Airbus is faring better than Boeing
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Boeing Union Endorses Latest Offer to End Crippling Strike
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Boeing Gouged Air Force With 8,000% Markup on Soap Dispensers: Pentagon
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Hypersonic program at risk after Reaction Engines goes belly up
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Healthcare:

Steward completes physician group sale: 4 things to know Sale of Steward's doctors network is finalized, new owners rebrand as Revere Medical
(DBN)

Pennsylvania attorney general sues Prospect Medical alleging ‘corporate greed’
(DBN)

Trump transition official says RFK Jr. wants to force vaccines off the market Trump’s Transition Team Head Says R.F.K. Jr. Converted Him to Vaccine Skeptic Trump really could empower RFK Jr. to wreck public health How Public Health Could Be Recast in a Second Trump Term
(DBN)

Rising healthcare costs could trickle down to workers: employer survey
(DBN)

Abortion-related ads in Nebraska prompt tension between health department and doctors
(DBN)

With abortion on the ballot, reports show how bans lead to preventable deaths
(DBN)

Infants died from birth defects at higher rates after abortion ban was imposed in Florida
(DBN)

'Wrongful conception' lawsuit over botched vasectomy headed for trial
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Dentists are pulling healthy and treatable teeth to profit from implants, experts warn
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Food/Beverage:

Almost all of Applebee’s Kansas City area locations close abruptly. Here’s why Applebee’s to close down 8 locations in same state after franchisee files for bankruptcy just days before announcement Staffers left wondering about payment after KC-area Applebee’s locations close 'It was a punch to the gut': Applebee's employees frustrated over sudden closure of Kansas City-area locations
(DBN)

TGI Fridays Nears Bankruptcy Filing
(DBN)

Fast casual chains steam ahead with expansion as other sectors pull back
(DBN)

Wendy’s to close 140 poor-performing restaurants in Q4
(DBN)

Snack Maker Hearthside Mulls Creditor Takeover in Bankruptcy
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Celebs:

Creditor in Shilo Sanders bankruptcy case seeks to expand investigation, subpoena Deion
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Retailing:

4 c-store retailers that got buried in bankruptcy
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Dollar Shave Club, Toms investor to buy Big Lots for $765 million
(DBN)

Esprit puts its US operations into bankruptcy Esprit to license brand amid US subsidiaries filing for bankruptcy
(DBN)

CVS Credit Rating at Risk After Growth Gamble Fails to Pay Off
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Education:

The college affordability gap shrank during the pandemic, research suggests
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Harvard, Northwestern Hit by Republicans Over Antisemitism
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A Florida school board candidate lost his race. DeSantis appointed him to the board anyway
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Housewares:

Court approves Tupperware’s sale to lenders, paving way for brand’s exit from bankruptcy
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Crypto:

Cryptocurrency firm founder pleads guilty to fraud after novel FBI probe
(DBN)

Bitcoin’s Run Toward Record High Falters as Trump Election Odds Dip
(DBN)

Bitcoin Rally Masks Bleaker Picture in the Crypto World
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Religion:

Texas Nuns Fired After Seeking Bishop Restraining Order
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UK:

Thames Water’s Rescue Funding Draws Higher Bids From Traders
(DBN)

Reeves Faces More Tax Rises Unless She ‘Gets Lucky,’ IFS Says Reeves Defends Inheritance Tax Rise After Backlash From Farmers UK's Reeves faces heat for weak growth despite tax-and-spend budget Traders Turn Short on Pound as Budget Chill Grows, Barclays Says UK Bonds Fall Again to Cap Brutal Selloff During Budget Week UK Business Minister Admits Tax Hikes May Hit Hiring and Pay Growth UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
(DBN)

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EU:

Glum Earnings Push European Stocks to the Worst Month in a Year
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Trump says 'lovely' EU will have to pay a 'big price' to trade in US
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Canada:

Weaker-Than-Forecast Growth to Keep Bank of Canada Cutting
(DBN)

Creditors to vote on proposed $32.5B tobacco settlement in December
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North Korea:

North Korea test-launches long-range missile North Korea test-fires its most powerful ICBM yet, just days before the U.S. election
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Russia:

Russian drones hunt civilians in streets of southern Ukrainian city
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Russia Speeds Up Advance in Ukraine as Mood Darkens in Kyiv
(DBN)

Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000 The Kremlin says it hopes an unpronounceably huge fine got Google's attention
(DBN)

Ukrainian troops fighting on Russian soil have an advantage they've never had in this war
(DBN)

U.S. Turns to China to Stop North Korean Troops From Fighting for Russia What does North Korea get out of sending its soldiers to fight Russia's war? How North Korea's Elite Soldiers Could Change Ukraine War About 8,000 North Korean soldiers at Ukraine border, says US
(DBN)

90% of the latest US aid package hasn't reached Ukraine, Zelenskyy says
(DBN)

EU boosts energy aid to Ukraine ahead of harsh winter
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US Weighs NATO Ally's Offer To Shoot Down Russian Missiles Over Ukraine
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MENA:

Strike on Iran shows Israeli Air Force's embrace of ballistic missiles
(DBN)

What Israel Proved With Its Most Recent Attack on Iran
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Israel extends key lifeline for Palestinian economy, but only for a month
(DBN)

‘The Arabs will disappear’: emboldened Israeli settlers eye return to Gaza
(DBN)

U.S. ramps up pressure on Israel to address Gaza crisis ahead of deadline
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Netanyahu tells US envoys that Israel must enforce security in any Lebanon cease-fire deal
(DBN)

Top U.S. Officials Are in the Middle East to Try to Jumpstart Cease-Fire Talks
(DBN)

Top U.S. commander in Middle East being investigated on allegations of shoving a subordinate
(DBN)

Iran preparing major retaliatory strike from Iraq within days, Israeli intel suggests
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China:

China Home Sales Rebound as Stimulus Boosts Buyer Morale
(DBN)

China Stimulus Gives Manufacturing a Shot in the Arm
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China's central bank injects $70 billion into economy with new liquidity tool
(DBN)

$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy
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Hong Kong:

Secretary for Justice Highlights Red Lobster's Bankruptcy and Hong Kong's Cross-Border Insolvency Developments
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Hong Kong’s Underwater Mortgages Hit 22-Year High on Weak Market
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Singapore:

Singapore High Court held for the first time that the profits of a “net winner” of a Ponzi scheme ought to be repaid to the insolvent company through which the Ponzi scheme was perpetrated
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Brazil:

Banks become shareholders in restructured companies
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Netherlands:

Dutch construction sector has avoided major bankruptcy wave plaguing other countries
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India:

Insolvency and Bankruptcy Board of India launches online bidding for liquidated assets to boost recovery efforts
(DBN)

NCLAT to decide whether moratorium will continue despite stay on insolvency proceedings
(DBN)

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Sweden:

Northvolt Fallout Fuels Sweden’s High Bankruptcy Rate in October
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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.

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