October 30, 2024

The Daily Bankruptcy News

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Law:

Average BigLaw partner compensation increased 26% in 2 years, reaching this high-water mark
(DBN)

Biglaw Associates Are Billing Hours In Bulk, Hoping For Special Bonuses On Top Of Regular Bonuses
(DBN)

Jones Day Jumps Back Into Trump-Related Litigation for GOP
(DBN)

WilmerHale shutters Beijing office, joining US law firms' retreat Wilmer to Become 12th U.S. Firm in Past 18 Months to Close Office in Greater China
(DBN)

Kirkland Lawyer Barred From Trial Argument Over Conduct
(DBN)

Kamala Harris' law school reports an applicant surge as election nears
(DBN)

Biglaw Associates Are Getting Ready For A Big Payday
(DBN)

4th Circuit upholds $1M sanction for law firm that tried to ‘sabotage’ federal court’s authority
(DBN)

Former Moody’s GC gets prison time for tax-filing failure on $54M income while life ‘all fell apart’
(DBN)

Inspired by a movie, this attorney then made herself indispensable
(DBN)

From behind bars, to passing the bar
(DBN)

How Trump Goes to Prison
(DBN)

Trump’s takeover of the entire legal system hinges on this election
(DBN)

Steve Bannon is released from prison in time for the last-week push to Election Day Ex-Trump adviser Steve Bannon leaves prison, says he's "empowered"
(DBN)

Judge tosses out Pennsylvania GOP challenge on overseas voting
(DBN)

She said she had a miscarriage — then got arrested under an abortion law
(DBN)

Biden's Justice Dept Has Yet to Reach Accords in Police Misconduct Cases
(DBN)

Who stole 24 tons of cheddar? 'Sophisticated' cheese heist sparks police hunt
(DBN)

Eric Adams aide overrode internal scoring system to award contract to major donor
(DBN)

New York City woman found murdered at luxury Hamptons resort and spa
(DBN)

Community leaders call for hate crime charge as Jewish man shot on his way to synagogue
(DBN)

2 found guilty of robbing off-duty Secret Service agent at gunpoint after Biden fundraiser
(DBN)

Paul Pelosi attacker David DePape sentenced to life term on state charges
(DBN)

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Judges:

Jackson Walker Bankruptcy Court Fee Trials to Start in April
(DBN)

Supreme Court docket heats up with election disputes
(DBN)

Don’t give money to law schools unless they teach originalism, conservative federal appeals judge says
(DBN)

Judge who allowed secretary to work remotely didn’t violate ethics rules, state supreme court says
(DBN)

Republicans Are Politicizing Judicial Ethics Complaints
(DBN)

Judge Aileen Cannon says Trump praise doesn't warrant her recusal in Trump cases
(DBN)

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Wall Street:

S&P 500 futures rise after Alphabet posts earnings beat
(DBN)

Nasdaq jumps to record close as major tech names rise ahead of earnings
(DBN)

A hint in 3rd-quarter earnings calls suggests S&P 500 corporate profits are about to boom, Bank of America says
(DBN)

‘The Rest of the Country Just Might Crumble Around Us’: Wall Street on Trump v. Harris
(DBN)

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Layoffs:

Layoffs Are Headed For Public Interest Attorneys In Northern California
(DBN)

Ethereum Co-Founder Blasts SEC While Laying Off 20% of Staff
(DBN)

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Utilities:

Judge Extends Litigation Stay in Puerto Rico Utility Bankruptcy
(DBN)

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Banking:

FDIC hits 3 banks within embattled Texas parent firm
(DBN)

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Retailing:

Walgreens, Amazon Place Opposing Bets on the Future of Retail Pharmacy
(DBN)

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Financial Services:

Troubled B. Riley raises $236 million in sale of apparel, Brookstone brands
(DBN)

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Climate:

Trump’s Environmental Claims Ignore Decades of Climate Science
(DBN)

A Month’s Worth of Rain Falls in a Single Day in Parts of Spain At least 63 people die in devastating flash floods in eastern Spain, officials say
(DBN)

Extreme Drought Areas Have Trebled in Size
(DBN)

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Insurance:

BlackRock’s Alacrity in Restructuring Talks With Private Lenders
(DBN)

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Nuclear:

Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge
(DBN)

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Economy:

American consumers feeling much more confident as Election Day nears Americans’ economic mood is perking up ahead of the election, survey finds US Consumer Confidence Rises Most Since 2021 on Labor Market
(DBN)

Here are the 5 most important U.S. economic issues for voters
(DBN)

Inflation is down — but the middle class is still feeling financial pressure. Here’s why
(DBN)

Fink, Solomon Skeptical Fed Will Cut Two More Times This Year
(DBN)

US Job Openings Decline to Lowest Level Since Early 2021
(DBN)

Jobs report on eve of election will be among the most distorted in years
(DBN)

Storms and Strike Will Complicate Last Jobs Report Before Fed Meeting, Election
(DBN)

BLS: Job Openings "Little Unchanged" at 7.4 million in September
(DBN)

One of Republicans’ biggest inflation cudgels against Democrats has evaporated
(DBN)

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
(DBN)

Trump and Harris economies are inextricably linked
(DBN)

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
(DBN)

The Tariff History Trump Overlooks
(DBN)

A Capitalist for the Little Guy? How Harris Is Pitching Small Business.
(DBN)

Job openings fall to pre-pandemic levels
(DBN)

Strict Abortion Laws Are Likely Already Having An Economic Impact
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

A Wall Street Landlord Bought Your Neighbor’s House. It’s a Mixed Blessing.
(DBN)

Mortgage demand stalls as interest rates surge higher ahead of election
(DBN)

Lawler: Mortgage Rates Have Surged Since the Federal Reserve Cut Interest Rates Last Month
(DBN)

Case-Shiller: National House Price Index Up 4.2% year-over-year in August; Over last 4 months, FHFA Index has increased at a 1.9% Annual Rate
(DBN)

HVS: Q3 2024 Homeownership and Vacancy Rates
(DBN)

Florida Hurricane Insurance Update: Claim Denials Surpass 50,000
(DBN)

AAA Bonds Bust Reveals The Depths of the US Office Market Crash
(DBN)

D.R. Horton Delivers Pain for Builders as Buyers Fear High Rates D.R. Horton Plunges as Homebuilder Says Buyers Taking a Pause
(DBN)

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Politics:

Harris and Trump locked in close races in Arizona and Nevada Nostradamus pollster reveals latest 2024 prediction – and how he’s never had ‘so much hate’ in an election Dems see signs for optimism in gender gap in early vote Rove: Trump will win White House with either Georgia, Pennsylvania or Michigan victory Harris tops Trump by 5 points in Michigan: Poll
(DBN)

Dem House Chances Soar To '70%'
(DBN)

Two closing arguments show the stark choice between Trump and Harris
(DBN)

Harris rally expected to draw more than 50K to downtown DC 75,000 Rally Kamala Harris Draws Sharp Contrast With Donald Trump In Closing Argument Speech: “We Are Not A Vessel For The Schemes Of Wannabe Dictators” Harris will make closing argument at site of Trump's Jan. 6 speech 84% of voters picked Biden in this Georgia county. Here’s what they say about Harris I worked for Kamala Harris. Here’s what I learned about her. Why Is Harris So Passionate About Abortion Rights? Her Past Work Holds Clues. Elon Musk and his super PAC share violent and vulgar videos about Kamala Harris ‘The suburbs — that’s the whole deal’: How the suburbs became Harris’ clearest path to victory Puerto Rico’s biggest newspaper endorses Harris Five takeaways as Kamala Harris takes on Trump from Ellipse Why Mark Cuban is campaigning for Harris
(DBN)

A New Insult Reminds Puerto Ricans of How Trump Treated Them Trump says he doesn't know if comedian's comments were 'a big deal' Americans in Puerto Rico can’t vote for US president. Their anger at Trump is shaping the race Lincoln Project runs digital ad aimed at Puerto Ricans in Pennsylvania Trump campaign struggles to contain Puerto Rico October surprise Biden praises Puerto Rican workers Trump Calls Out Harris Over Border to Defuse Puerto Rico Uproar Trump: ‘No president’s done more for Puerto Rico than I have.’ Trump denies knowing comedian who made Puerto Rico joke at his rally Inside ‘the weave': How Donald Trump’s rhetoric has grown darker and windier Trump says vulgar New York rally was a "love fest" Trump on rally speaker’s Puerto Rico comments: ‘I can’t imagine it’s a big deal’ Bad Bunny Responds to Racist Remarks at Trump Rally With a Message of Puerto Rican Pride Inside a Trump Official’s Plan to Unleash the Military on Americans Trump, allies insist he's 'not a Nazi' Where’s Ivanka? Vance calls Harris supporters 'dip-----' Comedian at Trump rally workshopped racist Puerto Rico line at NYC comedy club Why it would be difficult for Trump to reverse the 2024 election results 4 deceptive quotes in Trump’s misleading new TV ad Why an Apprentice Exec Broke His Silence About Donald Trump: “He Would Like to Be a Dictator” Trump Media shares halted repeatedly as DJT whipsaws in volatile trading Trump Envisions Marjorie Taylor Greene Being Blown To Bits In Hydrogen Car During Bizarre Rally Tale Mike Johnson Downplays Trump's Hint at 'Little Secret' With House Republicans Jordan Klepper Is Asked Whether We're Gonna Be OK If Trump Wins. Brace Yourself They’re coming after you, Trump says. But who are ‘they’? Trump and Fascism: A Pair of Historians Tackle the Big Question
(DBN)

Luttig: My Fellow Republicans, It’s Time to Say Enough With Trump
(DBN)

Ex-Michigan GOP Leader Says He'll Vote For Kamala Harris
(DBN)

Biden appears to call Trump supporters ‘garbage’
(DBN)

Nikki Haley Rips ‘Bromance’ and ‘Masculinity Stuff’ on Display at Trump’s MSG Rally: ‘Going to Make Women Uncomfortable’ 'They're using the C-word and talking about pimps'
(DBN)

Billboard Showing Kamala Harris Engaging in Sex Act Erected by Pro-Trump Company in Ohio
(DBN)

On Elon Musk’s X, Republicans go viral as Democrats disappear Elon Musk Wants Big Families. He Bought a Secret Compound for His Elon Musk's Pro-Trump PAC Attacks Harris With Ad Referencing Vulgarity How Elon Musk Might Use His Pull With Trump to Help Tesla Elon on Economy Crashing if Trump Wins: ‘Sounds About Right' Godfather of AI Blasts Elon Musk Elon Musk Fans Are Losing So Much Money to Crypto Scams
(DBN)

Trump Fan Cuffed And Dragged Out Of Line After Complaints She ‘Harassed’ Voters At Polling Place
(DBN)

Michigan boots MAGA election officials over ballot hand count scheme
(DBN)

Former Republican candidate charged with stealing Madison County election ballots
(DBN)

Ballot drop box fires highlight concerns that conspiracy theories are making them a target Ballot Box Fires Across US Spark Alarm: 'Domestic Terrorism'
(DBN)

Arab American voters make their choice — Harris, Trump or neither — in the election’s final days
(DBN)

Early, mail-in votes raise questions about possible election results
(DBN)

Election worker fired after completed ballots fell off truck in Florida
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Vatican Issues First Report on Sexual Abuse, to Immediate Criticism Vatican: Church Still Failing to Deal with Sexual Abuse Cases
(DBN)

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Aviation:

JetBlue’s Disappointing Sales Outlook Suggests Slow Recovery
(DBN)

Boeing, Union Hold ‘Productive’ Talks in Attempt to End Strike
(DBN)

Automatic Refunds for Significant Flight Disruptions: New Airline Rule Goes Into Effect
(DBN)

NYC Airports on Track for Record Year After Busiest September Ever
(DBN)

Two women dragged off British Airways flight by cops after row erupts over MAGA hat
(DBN)

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Media:

Desperate Bezos Defends Censoring WaPo Endorsement Washington Post cancellations hit 250,000 – 10% of subscribers
(DBN)

CNN bans conservative writer after ‘beeper’ comment to Muslim commentator
(DBN)

Newspapers That Backed Joe Biden Last Time Won't Endorse Kamala Harris
(DBN)

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Fraud:

Jefferies Seeks to Claw Back Ex-Fund Manager’s Pay in Fraud Suit
(DBN)

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Autos:

Volkswagen Posts Its Lowest Profit Margin Since Pandemic Times Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
(DBN)

Tesla is doubling the size of Gigafactory Texas
(DBN)

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Education:

What Happened When Chicago’s Mayor Followed a Teachers’ Union Playbook
(DBN)

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Healthcare:

TPG’s Exactech Goes Bankrupt After Lawsuits Over Recalled Implant Devices
(DBN)

After reports that organs were nearly removed from man mistakenly declared dead, organ donation programs impacted
(DBN)

As nuns disappear, many Catholic hospitals look more like megacorporations
(DBN)

More Infants Died Because the Supreme Court Overturned Roe v. Wade
(DBN)

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Tech:

A Rural Missouri Town Fights Big Tech, and Itself
(DBN)

TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls
(DBN)

Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas
(DBN)

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Food/Beverage:

Colorado teen fights kidney failure after eating McDonald’s Quarter Pounders
(DBN)

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Sovereigns:

Looming Debt Spiral in Emerging Markets Tests IMF and World Bank Safety Net
(DBN)

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UK:

Reeves to Raise Taxes to ‘Rebuild’ UK in High-Wire First Budget
(DBN)

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EU:

EU Imposes Tariffs on China EVs, Risking Retaliation
(DBN)

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MENA:

Satellite photos show Israeli strike likely hit important Iran Revolutionary Guard missile base Israeli strikes dealt a serious blow to Iran’s missile operations but far from destroyed them
(DBN)

Middle East latest: Israel issues evacuation warning for the entire Baalbek city in eastern Lebanon
(DBN)

As Israel strikes deeper into Lebanon, fear rises in communities where the displaced took refuge
(DBN)

Israeli airstrike kills 90 in Gaza, officials say, as aid fears grow after UNRWA ban
(DBN)

An exhausted Antony Blinken can claim one win after Mideast trip, but also plenty of losses
(DBN)

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Russia:

Russia claims control of key town of Selydove in Ukraine’s Donetsk region
(DBN)

Kremlin warns German weapons factory is legit target for Russia’s military
(DBN)

Russia drill simulates "massive nuclear strike" in response to enemy attack, Moscow says
(DBN)

YouTube Forced to Play a Game of Legal Whack-a-Mole with Russia
(DBN)

Raiffeisen Slashes Russia Loans, Deposits Due to ECB Pressure
(DBN)

Kyiv Should Strike North Koreans If They Fight in Ukraine, Biden Says
(DBN)

Women at war: How Ukraine’s arms industry is replacing missing men
(DBN)

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China:

China's Oil and Steel Industries in the Red
(DBN)

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