October 23, 2024

The Daily Bankruptcy News

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Law:

Law school applicant numbers surge, end of LSAT logic games is possible factor
(DBN)

Boies Schiller Ex-Partner Wants New Firm to Rival His Old One
(DBN)

Wachtell's Slide Down M&A Ranks Tests Storied Law Firm's Model
(DBN)

As AI Hits E-Discovery, Lawyers Go From Big Law to Boutique
(DBN)

Lawyers Ante Up $27 Million for Kamala Harris in Past Two Months
(DBN)

The City That's The Exception To The Biglaw Lateral Partner Hiring Boom
(DBN)

Unbeknownst to corporate lawyer, scammers used her name to file thousands of trademark applications
(DBN)

Elder Litigators Confront Tough Questions in Last Act of Careers
(DBN)

Lawyer accused of ‘egregious acts of dishonesty,’ gambling with client cash gets disbarred
(DBN)

So Much For Free Speech: Harvard Law Students Punished For Reading Together At Campus Library
(DBN)

Rudy Giuliani Has 7 Days To Surrender His Apartment All the Valuables Rudy Giuliani Was Ordered to Hand Over to Election Workers He Smeared Giuliani must turn over Manhattan apartment, other valuables to election workers he defamed, judge says Rudy Giuliani ordered to turn over NYC apartment, 26 watches to Georgia election workers Judge Orders Giuliani to Forfeit Millions in Assets to Election Workers He Defamed
(DBN)

Battleground states flooded with voting lawsuits weeks out from Election Day
(DBN)

Good Job, Jesse Binnall, You Finally Read The North Carolina Pleading Standards
(DBN)

Fulton County DA's Office violated open records laws and must be punished, judge rules
(DBN)

Offhand Lie About Central Park 5 Lands Trump Back In Legal Trouble
(DBN)

Loomer files defamation suit against Maher over Trump affair allegations Laura Loomer Sues Bill Maher for $150M Over Trump Sex Joke
(DBN)

Court upholds trespassing charge applied to many Jan. 6 defendants
(DBN)

Jan. 6 Rioter Couy Griffin's Conviction Upheld
(DBN)

Judge orders US Army to release records on Trump’s controversial Arlington Cemetery visit
(DBN)

Prosecutors defend Judge Cannon as Trump assassination attempt suspect seeks her recusal
(DBN)

Judge rejects Mark Meadows attempt to get White House records for Georgia defense
(DBN)

Former Abercrombie & Fitch CEO arrested on sex trafficking charges Inside the Wild ‘Sex Events’ Exposed in Ex-Abercrombie CEO’s Indictment Ex-Abercrombie & Fitch CEO was involved in sex trafficking for 6 years while he was at the company's helm, prosecutors say
(DBN)

DOJ charges Iran guardsman in alleged murder plot
(DBN)

Harvey Weinstein diagnosed with leukemia: Sources
(DBN)

Supreme Court Rules Against Republicans in Immigration Case Border Policy Unlikely to Change No Matter Who Wins: Ex-DHS Staffer Americans split on idea of putting immigrants in militarized "camps"
(DBN)

Former cop's murder trial begins in fatal 2020 shooting of man holding a cellphone
(DBN)

The Toughest Verdict in a Subway Killing
(DBN)

Baby shot and killed by toddler who got hold of loaded gun in parked car: Police
(DBN)

Man murders 2 people after they refused to move their truck at plant nursery, cops say
(DBN)

5 people are dead and a teenager is in custody after a shooting in Washington state
(DBN)

Teen accused of 'retaliation' murder blows kisses in court as victim's family looks on
(DBN)

Man 'obsessed' with co-worker's long breaks killed her 'at work with everyone there': Cops
(DBN)

Walmart worker ‘found dead inside large walk-in oven’
(DBN)

Post-Roe Abortion Rates in Banned States Remain Steady Abortions up nationally, largely due to telehealth
(DBN)

Police Uncover Drug Ring Using Pizzeria's Popular Pizza 'No. 40'
(DBN)

Vermont is the Safest State
(DBN)

This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look
(DBN)

______________

Judges:

DOJ Seeks Jackson Walker's Partnership Agreement in Ethics Probe
(DBN)

BK NV: The Bankruptcy Bugle Newsletter (October 2024)
(DBN)

South Florida Retired Federal Bankruptcy Judge Dies
(DBN)

A frustrated Supreme Court to look at one version of judge shopping
(DBN)

The Princess and the Justice
(DBN)

Reforms at the U.S. Supreme Court: Where do Harris and Trump stand?
(DBN)

Judge Cannon on list of proposed candidates for Trump attorney general
(DBN)

Judge Disciplined for Calling Lawyer Mentally Ill, Corrupt
(DBN)

Judge accuses high-profile law firms of possible effort to ‘gum up the works’
(DBN)

Georgia's Supreme Court Steps In Between Brian Steel's Jail Sentence
(DBN)

Fifth Circuit Divide Sees Bush Judges Check Trump Appointees
(DBN)

Ex-Alaska Judge Ties to Lawyer Has US Asking to Toss Conviction
(DBN)

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Wall Street:

Stock futures slide as Treasury yields tick higher once again
(DBN)

The Era of Outsized Market Rallies Could Be Over
(DBN)

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Layoffs:

GEHA plans to layoff nearly 500
(DBN)

Northvolt Factory Layoffs Top 1,200 After Union Negotiations End
(DBN)

Portland company will shut down after 104 years, lay off all employees
(DBN)

______________

Entertainment:

World’s scariest ‘torture chamber’ haunted house where thrillseekers agree to have teeth yanked out & fingers broken
(DBN)

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Climate:

NOAA Map Reveals US Set for Unusually Warm Winter
(DBN)

Germany Approves $20.5 Billion Hydrogen Push
(DBN)

Floods That Killed Over 1,000 Africans to Become Commonplace
(DBN)

US Economy Will Suffer If IRA Repealed, Solar Maker CEO Says
(DBN)

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Autos:

American Tire Seeks Bankruptcy Again, Enters Restructuring Pact American Tire Distributors Enters RSA to Transition Ownership and Position Business as a Stronger Partner to Manufacturers and Retail Customers
(DBN)

4 reasons GM is crushing it right now
(DBN)

California Police Say Teslas Are Almost Worthless
(DBN)

____________

Student Debt:

8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
(DBN)

____________

Retailing:

The season of holiday price cuts has arrived
(DBN)

Walmart plans to deliver prescriptions nationwide in as little as 30 minutes
(DBN)

Retail: October Seasonal Hiring vs. Holiday Retail Sales
(DBN)

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Religion:

MAGA Church Leader Charged with Sexually Abusing Children Trump-loving church leader fawned over by Jerry Falwell jr. had sex with minors: Cops
(DBN)

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Healthcare:

New owner of 2 Steward Ohio hospitals plans layoffs Steward Arizona behavioral hospital gets interim manager
(DBN)

Bird flu cases in people quietly tick up, with dozens reported across 6 states
(DBN)


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Private Credit:

Top Regulators Call Out Valuation Risks in Private Credit
(DBN)

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Economy:

Treasuries Plunge Like It’s 1995 as Traders See Soft Landing
(DBN)

Schwarzman Says US to Avoid Recession Regardless of Election
(DBN)

Lagarde Says Trump Should Visit to See How Hard Fed’s Job Is
(DBN)

Bank of America CEO Urges Fed to Not Go Too Hard on Rates
(DBN)

America’s Most Famous Inflation Gauge Is Easing — But Some of Your Biggest Expenses Are Left Out
(DBN)

Yellen to global finance leaders: Isolationism 'made America and the world worse off'
(DBN)

IMF Chief Economist Says Battle Against Inflation 'Almost Won'
(DBN)

The U.S. economy comes out on top, IMF forecasts
(DBN)

IMF Lowers Global Growth Forecast, Warns of Increasing Risks
(DBN)

US Election Creates ‘High Uncertainty’ for Fragile Markets, IMF Says
(DBN)

Credit Markets Largely Indifferent to US Election, JPMorgan Says
(DBN)

A new study reveals the hidden cost of high prices
(DBN)

Sam's Club's CTO is leaving following parent company Walmart's return-to-office mandate
(DBN)

Javier Milei Infuriates G-20 by Rejecting Call for Gender Equality
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

MBA: Mortgage Applications Decreased in Weekly Survey
(DBN)

California Home Sales Up 5% SA YoY in September
(DBN)

Strip Mall Mogul Convicted in Scam Tied to Fake WeWork Bid
(DBN)

Home insurance premiums are projected to skyrocket up to 14% this year in these 13 states as climate change causes an ‘insurance crisis’
(DBN)

Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
(DBN)

What if cities finally legalized adult dorms
(DBN)

Chetrit Organization Faces Foreclosure at 2 Downtown Office Buildings
(DBN)

For years, she raised alarms about her apartment. When the city finally acted, she ended up homeless.
(DBN)

____________

Municipalities:

Map Reveals America's Safest Cities
(DBN)

____________

Oil/Gas:

Despite Global Crises, Gas Prices Slide as U.S. Election Nears
(DBN)

Oilfield Services Firms Sound the Alarm: Shale Spending Slows
(DBN)

A ‘tidal wave’ of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
(DBN)

NYC Funds Plan Additional Fossil-Fuel Investing Restrictions
(DBN)

____________

Politics:

Donald Trump Losing 'Core Group' Vital in 3 Battleground States GOP Suffers Legal Blows in Two Battleground States New Poll Shows Young People Breaking Toward Harris in Final Stretch Election 'Could Be Decided by Less Than 1%' Kamala Harris Gets Bad News From Georgia's Black Voters Trump gains slight edge over Harris in poll of likely Georgia voters Texas sees record early-voting numbers, particularly in Democratic-leaning areas How third-party candidates could make a difference in swing states 4.9 million donors for Harris vs 1.4 million for Trump The Polymarket 'whale' is placing as many as 71 bets a minute in favor of Donald Trump Polymarket Cracks Down on US-Based Users as Whale Bets on Trump Early voting could signal ‘serious danger’ for Harris in Nevada, longtime reporter says How Jewish voters could shape election results in Pennsylvania Tracking early voting trends by party, age and race — in maps and charts
(DBN)

Trump, Harris campaigns make Pennsylvania most expensive battleground, spending $538M combined: report
(DBN)

The Religious Vote Is Waning—And That Could Spell Trouble for Trump 100 threats to prosecute or punish perceived enemies In New Audio, John Kelly Says Trump Believes Fascism ‘Would Work Better’ Than American Democracy John Kelly is out with a warning about Donald Trump As Election Nears, Kelly Warns Trump Would Rule Like a Dictator John Kelly: Trump offered private praise for ‘Hitler’s generals’ President Trump Said ‘I Need the Kind of Generals That Hitler Had,’ Multiple Witnesses Claim Trump said Hitler ‘did some good things,’ former chief of staff says Trump Says Jewish Voters Would Have ‘Lot to Do With a Loss’ Trump Was Enraged by Funeral Cost for ‘F–king Mexican’ U.S. Soldier: Report Trump Reportedly Raged at American Soldier’s Funeral Bill: ‘It Doesn’t Cost 60,000 Bucks to Bury a F*cking Mexican!’ A Second Trump Administration Would Be a Carnival of Corruption and Greed Democrats seize on new suggestions of Trump’s extremism in the campaign’s final stretch Trump Expands His “Enemy Within” Hit List as Crowd Bursts Into Cheers Joe Rogan to interview Trump on his podcast Donald Trump Brags That Daughter Tiffany Trump Graduated 'No. 1' In Class -- But Georgetown Law Doesn't Rank Students Inside the battle to run the Trump White House Trump slams ‘jerk’ Obama as former president campaigns for Harris Trump's closing strategy: Make a splash and attack Trump closing out campaign cycle with anti-trans attacks Don't let Trump's buzzy sideshows distract you from his traditional swing-state strategy Trump Enters World’s 500 Richest List for First Time in 11 Weeks
(DBN)

Carville 'doubling down' on prediction Kamala wins Eminem set for Harris rally in Detroit Did Kamala Harris Plagiarize a Republican's Congressional Testimony? What We Know Inside the Harris Campaign’s Push to Win Back Muslim and Arab Voters Why You Can't Blame Kamala Harris for the Rising Cost of Living Can The Quiet Kamala Harris Voter Carry Her Across the Finish Line? The Clock Is Ticking on Kamala Harris Harris campaign plans red-state detour Kamala Harris to rally with Colin Allred in Houston days before Election Day Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So Harris on abortion rights: "I don't think we should be making concessions" Harris addresses sexism, abortion, pardoning Trump in NBC interview Harris refuses to rule out pardoning Trump The real Slim Shady just stood up for Harris Suspected drunken driver heading wrong way passes Vice President Kamala Harris’ motorcade on interstate in Milwaukee Harris says her team is prepared if Trump declares victory before votes are counted
(DBN)

U.S. intel officials say Russia is behind attempts to smear Tim Walz
(DBN)

Vance emerges as Trump's explainer-in-chief
(DBN)

Elon Musk ‘Jokes’ in a Church About Someone Killing Kamala Harris Elon Musk: MAGA money man Elon Musk's X has made hundreds of thousands of dollars from his super PAC DOJ aware of complaints that Elon Musk PAC's lottery for registered voters is 'illegal' Pressure is mounting on prosecutors to review Musk's $1M swing-state petition giveaway
(DBN)

Senate Democrats lean on abortion rights as closing argument
(DBN)

Senate battle goes from bad to worse for Democrats
(DBN)

Tulsi Gabbard says she’s joining the GOP at Trump rally in North Carolina Gabbard says what everyone knows
(DBN)

Cheney keeps up fire on Trump over Jan. 6, bashes tariff policy
(DBN)

The House Race Everyone Should Be Watching
(DBN)

If Harris loses, expect Democrats to move right
(DBN)

How Hurricane Helene scrambled the election in North Carolina
(DBN)

Swing State Voters Are Upending Long-Standing Election Belief
(DBN)

Majority of Americans are stressed by the election, survey finds. Here's how to cope.
(DBN)

Judge tosses RNC challenge to Michigan voter roll maintenance
(DBN)

Georgia Supreme Court denies emergency appeal for GOP-backed ballot rules struck down by judge
(DBN)

Intelligence community expecting intensified foreign influence efforts ahead of election
(DBN)

Nevada Unemployment Hits Three-Year High Weeks Before Election
(DBN)

A Pennsylvania town is thriving with Haitian immigrants – and is the latest target of Republican hate
(DBN)

Study finds local governments are less polarized despite national political divisions
(DBN)

____________

Tax:

Taxpayers will get higher standard deductions in 2025: IRS
(DBN)

____________

Retailing:

Rite Aid shutters 171 locations in Ohio, Michigan
(DBN)

FTC's rule banning fake online reviews goes into effect
(DBN)

____________

Housewares:

Tupperware cancels auction, agrees to lender takeover Tupperware gets deal to avoid liquidation after judge intervenes Tupperware Agrees To $23.5 Million In Cash Sale To Lenders Amid Bankruptcy Struggles: Report
(DBN)

____________

Crypto:

Nigeria Court Releases Binance Executive Detained for Months
(DBN)

____________

Fraud:

Former owner of historic Ambler restaurant sentenced to prison for bilking COVID bailout funds out of nearly $1 million
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Dismissal:

Bankruptcy Court Frowns on SmileDirect’s Dismissal Request
(DBN)

____________

Bankruptcy Crimes:

Louisiana business owner pleads guilty to defraudung plan distribution trust
(DBN)

____________

Mass Torts:

Purdue Pharma Seeks More Time for Settlement Talks With Sacklers
(DBN)

Father of Santa Barbara Teen Molested by Catholic Priests Reacts to Los Angeles Archdiocese’s $880M Settlement
(DBN)

The 'Texas two-step' is back as J&J tries to shed talc lawsuits for a third time
(DBN)

DOJ challenges Johnson & Johnson's talc bankruptcy attempt in Texas
(DBN)

____________

Mediation:

Mandatory Mediation: Five Illustrations of How It’s a Great Idea
(DBN)

____________

Aviation:

New Boeing CEO to give clues on airplane maker’s future, while striking workers vote on new contract Boeing is expected to report a big Q3 loss, then wait for results of vote by striking workers
(DBN)

American Airlines to boarding group cheats: Wait your turn
(DBN)

Skiplagged, the money-saving website that airlines hate, says it's not going anywhere after losing a $9.4 million lawsuit from American
(DBN)

American Airlines fined $50M for violating disability laws
(DBN)

Spirit and Frontier re-enter merger talks after 2022 deal dashed by JetBlue
(DBN)

Lilium was an ‘air taxi’ startup worth billions. Now it’s on brink of insolvency
(DBN)

Feds OK rules for U.S. to begin electric air taxi service
(DBN)

6 Indian airlines flights declare emergencies amid spate of fake bomb threats
(DBN)

____________

Education:

Small California Arts School Is in Danger of a Credit Downgrade
(DBN)

Cash-Strapped Colleges Are Selling Their Prized Art and Mansions
(DBN)

Jewish Students at UCLA Were Harassed, Threatened and Assaulted on Campus, Report Finds
(DBN)

Judge hears arguments to block Ten Commandments from being displayed in every Louisiana public school
(DBN)

____________

Food/Beverage:

Denny's to close 150 restaurants as restaurant chains continue to struggle
(DBN)

TGI … Bankruptcy? Another restaurant chain contemplates Chapter 11
(DBN)

A deadly E. coli outbreak across 10 states has been linked to McDonald's Quarter Pounders, CDC says This is how important the Quarter Pounder is to McDonald's — and why it will want to address E. coli issues quickly
(DBN)

Votes with that? How the politics of McDonald’s went global Yelp turns off comments on McDonald’s where Trump worked after fake reviews
(DBN)

Starbucks' sliding sales show its new CEO has his work cut out for him Starbucks shares slide after coffee chain says sales fell again, suspends outlook
(DBN)

____________

Accounting:

Ernst & Young fires workers for taking 2 online training courses at once
(DBN)

____________

Banking:

A Small Bank’s Failure Leaves Big Depositors Feeling the Pain
(DBN)

Banks Are Dumping Exposure Onto Investors and Posing Risk to Financial Stability, IMF Says
(DBN)

____________

Tech:

OpenAI hires first chief economist
(DBN)

____________

Sovereigns:

Bets on Trump’s Return Help Fuel Rally in Ukrainian Dollar Bonds
(DBN)

VR Capital's arrival complicates Addis Ababa's negotiations with private creditors
(DBN)

____________

UK:

Bankrupt council 'lacks capability' to improve
(DBN)

Council boss issues fresh bankruptcy warning amid £38m black hole
(DBN)

The End of the British Empire
(DBN)

UK’s Ofwat Risks Being Abolished in Sweeping Industry Review
(DBN)

____________

EU:

ECB Starts to Discuss If Rates Need to Go Below Neutral
(DBN)

____________

MENA:

Hezbollah drone hit bedroom window at Netanyahu’s house in shock near-miss as declassified pic shows scorched building
(DBN)

Israel says it killed a top Hezbollah official expected to be the group's next leader
(DBN)

What Life Looks Like for Israelis Living Near Lebanon’s Border
(DBN)

‘No life left there’: The suburbs bearing the brunt of Israel’s strikes on Beirut
(DBN)

Blinken and Netanyahu Agree Sinwar’s Death Opens Options Blinken Eyes Truce Prospects as Israel Presses Battlefield Gains Blinken makes clear to Israel that steps so far to increase aid in Gaza are insufficient Blinken Warns Israel Again Over Aid to Gaza US says 'now is the time' to end Gaza war US Diplomat Blinken Heads to Saudi Arabia After Urging Israel to Ease Conflicts
(DBN)

F.B.I. Investigates Apparent Leak of Israel’s Plans to Attack Iran
(DBN)

Russia’s Most Infamous Arms Dealer Is Backing Maritime Terror
(DBN)

Saudi Arabia Megaproject Neom Says It Needs 20% of the World's Steel
(DBN)

Islamic State Commander for Iraq Killed, PM Says
(DBN)

Iran to hold joint military drills with Saudis
(DBN)

Saudi Arabia Taps BlackRock to Build Mortgage-Backed Securities Market
(DBN)

____________

Russia:

North Korea Flag Spotted on Ukraine Battlefield—Everything We Know S. Korea warns it can send arms to Ukraine after reports of North's troops in Russia South Korea Plans 'Offensive' Weapons for Ukraine After North Sends Troops Kim Jong-un's Sister Calls South Korea And Ukraine 'Badly Behaved Dogs' Russia's friendship with NKorea may have backfired Zelenskyy asks allies to act on reports of North Korean troops helping Russia
(DBN)

Navalny's final diary entry before gulag murder vows 'victory is inevitable'
(DBN)

U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets Yellen Says US to Contribute $20 Billion for Ukraine Loan
(DBN)

Ukraine Top Prosecutor Resigns After Zelenskiy Blasts Graft
(DBN)

What would Harris, Trump do about Russia's invasion of Ukraine?
(DBN)

Yellen Says US Will Unveil New Sanctions Targeting Russia Trade
(DBN)

Russia’s Seaborne Crude Shipments Rise to the Highest Since June
(DBN)

Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
(DBN)

____________

China:

Asia expects insolvency rise as China’s economy slows
(DBN)

____________

Mexico:

Priest shot dead after officiating mass in Mexico state wracked by cartel violence
(DBN)

____________

India:

Court Rejects Byju’s Settlement, Paving Way for Insolvency Supreme Court Quashes NCLAT's Ruling On Byju's Insolvency Proceedings Byju's payment dispute settlement with India cricket body set aside by top court Supreme Court has this 'huge setback' for Byju's
(DBN)

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