February 7, 2025

The Daily Bankruptcy News

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Law:

Top Biglaw Firm Unveils U.S. Financial Losses Ahead Of Transatlantic Merger That Will Create A $2B Megafirm
(DBN)

Paul Hastings Revenue, Profits Surge to Outpace Biggest Firms
(DBN)

White & Case's Revenue Gain Tops 12% on Strong Cross-Border Work
(DBN)

Companies wary of new US rule scramble to file mergers by Friday, lawyers say
(DBN)

Elite Biglaw Firm Swoops In To The Rescue, Offering Pro Bono Legal Work For LA FireAid Benefit Concert
(DBN)

AI’s non-existent cases land lawyer in hot water
(DBN)

Private Equity Buys A Law Firm…What Next?
(DBN)

The Grass Is Still Greener On The In-House Side
(DBN)

The Motherhood Penalty And The Practice Of Law
(DBN)

Hollywood's Storytelling Devices Can Spice Up Your Legal Brief
(DBN)

Doctor Fires Back at ‘Absurd’ Letter from Law Firm Demanding She Delete Posts Criticizing UnitedHealthcare and Apologize
(DBN)

Squire Patton Boggs Seeks Financial Edge in Political Chaos
(DBN)

Biglaw’s Pre-Recruiting Could Easily Have A ‘Negative’ Effect On Law Students
(DBN)

Former Biglaw Associate Turned Influencer’s Fashion Choices Are a Shield Against Defamation Claims
(DBN)

Why Value-Based Pricing Is Here To Stay
(DBN)

Storage company contends it has no obligation to sort through client files allegedly left by defunct law firm
(DBN)

Poker-playing SCOTUSblog founder has net worth of negative $3.3M, criminal court document says
(DBN)

Donna Adelson Moved To Protective Custody
(DBN)

Lawyer suspended for unintentionally shooting brother during ‘horseplay’ with gun
(DBN)

Trump holds back billions in funding despite court ruling, states tell judge
(DBN)

Trump's sweeping agenda is hitting legal roadblocks
(DBN)

Judge holds hearing on FBI agents’ lawsuits against Justice Dept.
(DBN)

FBI agent who investigated Jan. 6 calls Trump Justice Department inquiry "demoralizing" DOJ can't guarantee list of FBI agents who investigated Jan. 6 cases won't be released
(DBN)

Federal prosecutor moves to dismiss Jan. 6 case while being rioter's attorney of record
(DBN)

Letitia James Readies Next Legal Move Against Trump Administration
(DBN)

Court rulings test limits of Trump's power
(DBN)

Why privacy laws are the tip of the legal spear against Musk and Trump
(DBN)

Will Pam Bondi Release Jeffrey Epstein List? What Trump's AG Has Said Pam Bondi Ends Task Force On Russian Oligarchs To Focus On Cartels Pam Bondi Instructs Trump DOJ to Criminally Investigate Companies That Do DEI Bondi’s Rapid Corporate Crime Memos Rattle White Collar Bar
(DBN)

Justice Department Rebrands As Trump’s Personal Law Firm
(DBN)

Trump-pardoned Jan. 6 rioter who allegedly tried to meet up with minor is now behind bars
(DBN)

Fact Check: Was Jeffrey Epstein Being Paid By USAID?
(DBN)

Trump's ICE frees hundreds of immigrants under "catch and release" Trump goes back to the Obama playbook to sue Illinois over immigration enforcement Trump administration sues Chicago in latest crackdown on sanctuary cities Migrants welcomed under Biden fearful as Trump targets legal immigration programs US immigration is gaming Google to create a mirage of mass deportations Sheriff Vows to Block ICE immigration Requests Trump's DOJ Sues Illinois and Chicago Over Sanctuary City Policies Trump officials eye daily migrant detainee flights to Guantanamo Bay India Furious Citizens Returned in Handcuffs
(DBN)

A history of birthright citizenship at the Supreme Court
(DBN)

Federal judge forcefully criticizes Trump for trying to undo birthright citizenship Trump Administration Appeals Loss on Birthright Citizenship
(DBN)

Trump to sign executive order forming DOJ-led task force to root out 'anti-Christian bias'
(DBN)

Consumer advocacy organization files complaint over Trump's meme coin
(DBN)

Two Guys Got High and Tried to Dodge Bullets. They Failed.
(DBN)

Shohei Ohtani’s former interpreter set to be sentenced for gambling-linked theft
(DBN)

International investigation targets online group leaders accused of child sex abuse and torture
(DBN)

Manhunt underway after one of Europe's most-wanted fugitives spotted at religious service in Sierra Leone, police say
(DBN)

Woman Suing Taylor Swift Breaks Court Rules
(DBN)

15-year-old who tried to drown Black teen while shouting racial slurs is sentenced
(DBN)

'F--- you, I'm American!': Video shows man yelling Trump will deport bartender, cops say
(DBN)

Woman admits to swapping places with her twin sister after fatal car crash
(DBN)

______________

Judges:

Minnesota Bankruptcy Judge Vacancy
(DBN)

Sotomayor is asked about lower trust in Supreme Court. She points to pace of overturned precedents Sotomayor hits presidential immunity decision in first public comments since new Trump admin
(DBN)

Will Supreme Court Overturn Gay Marriage? How Obergefell Could Fall
(DBN)

'Integrity of the Court': Cruz reintroduces amendment to combat court expansion efforts
(DBN)

US supreme court may revive doctrine that would curb federal agencies’ power
(DBN)

Judge resigns for second time after he’s accused of staging fake proceeding
(DBN)

DOGE Emails Went Out to Federal Judges by Mistake
(DBN)

How Trump tamed the '9th Circus': Legal challenges to White House are moving east
(DBN)

______________

Wall Street:

Stock Futures Slip as Amazon Tumbles on Weak Outlook, Eyes on Jobs Data
(DBN)

______________

Layoffs:

US Judge Pushes Back Deadline for Trump's Buyout Offer for Government Employees
(DBN)

Workers at E.P.A.’s Office of Environmental Justice Are Told They May Be Put on Leave
(DBN)

Law Professor Says Trump Administration’s Purges Are ‘Highly Illegal’ and ‘They Even Know It’
(DBN)

Federal Workers Who Take Trump’s Exit Deal Face Legal Dilemma
(DBN)

Education Department staff warned that Trump buyout offers could be canceled at any time 'No recourse available': Confusion spreads at Education Department amid buyout deadline
(DBN)

Attention federal employees: It may be hard to get a private sector job right now
(DBN)

USAID to reduce 5,000-person workforce to 290 foreign service officers and civil servants
(DBN)

IRS workers can't take Trump's "buyout" until after tax season
(DBN)

TSA Workers Were Told They Can’t Take Musk’s ‘Buyout’ Offer
(DBN)

The Spies Are Shown the Door
(DBN)

Trump Buyouts Threaten National Security
(DBN)

White House Preparing Order to Cut Thousands of Federal Health Workers CDC Leaders Told to Rank Thousands of Workers Amid Layoff Fears
(DBN)

Anxiety mounts over worker buyout plan as judge hits pause
(DBN)

EPA places more than 160 environmental justice employees on paid leave
(DBN)

Trump Buyout at 50,000 Takers as Focus Shifts to Poor Performers
(DBN)

Elie Honig: Trump is using same theory with federal workers that he used to ‘stiff’ real estate contractors
(DBN)

Agents say mass firings could weaken the FBI in three ways
(DBN)

More than 200 people to be laid off at central Pa. distribution center
(DBN)

What Would a Drastically Reduced Government Workforce Mean for Americans?
(DBN)

______________

Autos:

EV buyers shouldn't get government incentives, says Volvo CEO
(DBN)

Trump administration orders states to halt EV charging programs
(DBN)

Demand for Tesla nosedives in EV-friendly Europe amid jeers over Elon Musk’s endorsement of the far right
(DBN)

____________

Religion:

JD Vance accidentally directed us to a crucial moral question
(DBN)

How Christian Groups Are Responding to Trump's Foreign-Aid Freeze
(DBN)

____________

Retailing:

Fashion retailer Forever 21 considers bankruptcy filing if asset-sale plans fail
(DBN)

US Store Closures Predicted to More Than Double in 2025
(DBN)

Once a mall staple, clothing brands Quiksilver, Billabong set to close all remaining stores
(DBN)

Bargain Hunt is closing all locations after bankruptcy filing, going-out-of-business sale
(DBN)

List of Billabong, Quiksilver and Volcom Stores Closing
(DBN)

Amazon is poised to dethrone Walmart in quarterly revenue for the first time ever with a bombshell $187 billion in sales
(DBN)

____________

Utilities:

What to know about what's tying up a $4B settlement for Hawaii wildfire victims Hawaii’s top court hears insurance industry claims on $4B wildfire settlement
(DBN)

Texas needs up to $33 billion in new, improved power lines for crypto, AI. Who should foot the bill?
(DBN)

Power Company Finds Irregularities in Equipment Where Eaton Fire Started
(DBN)

____________


Economy:

Jobless claims rise slightly, but no sign of trouble brewing in labor market US Initial Jobless Claims Pick Up, Still Near Pre-Covid Levels Weekly Initial Unemployment Claims Increase to 219,000
(DBN)

Unemployment in D.C. Nearly Doubles as Trump Aims to Shrink US Government
(DBN)

The big January jobs report comes out Friday. Here’s what to expect
(DBN)

Negative revisions expected in January jobs report as economic hopes persist
(DBN)

The job market is flashing signs that layoffs could accelerate this year
(DBN)

Predicting the Next Recession
(DBN)

Employers Gird for Trump Immigration Crackdown to Hit Workplaces
(DBN)

January Employment Preview
(DBN)

Trump rates policy comes into focus
(DBN)

US Productivity Rises at Solid Pace, Helping Limit Labor Costs
(DBN)

Musk's Treasury Incursion Puts Entire Financial System at Risk DOJ agrees to restrict DOGE access to Treasury's payment systems Musk and Treasury's Payment Systems (He Punched the Bursar...)
(DBN)

Trump’s Trade Pick Defends Approach Democrats Call ‘Reckless’
(DBN)

Citi Sees Gold Soaring to $3,000 on Tensions Triggered by White House
(DBN)

Higher egg prices leading some consumers to novel idea: rent chickens The Breaking Point for Eggs
(DBN)

Bombardier Shares Drop as Tariff Risk Forces It to Delay 2025 Outlook Canadians Overwhelmingly Support Retaliatory Oil Tariffs In Trump Trade War Hong Kong Says US Package Shipments Halted on Tariff Uncertainty Puma Curbs Flow of Sneakers From China to US as Tariffs Kick In Trump’s Naughty List Could Put EU Cars, Machinery in Tariff Crosshairs Trump’s China Trade Crackdown Sparks Shipping Chaos, Price Hikes China’s Tariff Moves Could Derail U.S. LNG Expansion For Chinese exporters big and small, a week of chaos and confusion Trump Immigration, Tariff Rhetoric Rattles India Auto Suppliers How Trump Lost His Trade War
(DBN)

Using Tariffs to Try to Annex Canada Backfired in the 1890s
(DBN)

Which Companies are Pulling Back From DEI?
(DBN)

Amtrak to Roll Back DEI Resources, Enforce 4-Day Office Mandate
(DBN)

House GOP eyes new Plan B on extending Trump tax cuts
(DBN)

The Big Questions Facing Trump’s New Sovereign Wealth Fund
(DBN)

County workers wanted a pay hike, but got a 4-day workweek instead. Here's what happened.
(DBN)

Why Washington is getting nervous about a shutdown
(DBN)

Trump 2017 Tax Cuts Did Not Pay for Themselves
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
(DBN)

Homeowners — particularly first-time buyers — are worryingly late on their mortgage payments
(DBN)

MBA: Mortgage Delinquencies Increased Slightly in Q4 2024
(DBN)

CoreLogic: US Home Prices Increased 3.4% Year-over-year in December
(DBN)

Where Insurance Premiums Are Rising Across US
(DBN)

City housing authority risks bankruptcy for improper use of Section 8 funding to pay staff
(DBN)

Scams, bidding wars and predatory landlords: One couple's quest for housing after the fires
(DBN)


____________

Municipalities:

How a $22M judgment against Cle Elum pushed the city to bankruptcy
(DBN)

Detroit: City continues to rebound from bankruptcy, U-M report shows
(DBN)

____________

Politics:

Poll: Americans' national satisfaction hovers at record low
(DBN)

Poll: American Institutions? 1 in 5 say "let them burn"
(DBN)

Map Reveals Donald Trump's Favorability Rating by State
(DBN)

Black National Anthem to Be Performed in Front of Trump at Super Bowl America Is Abandoning DEI. The NFL Remains All-In - WSJ
(DBN)

Google scraps minority recruitment goals, will review DEI programs
(DBN)

Seeking funding freeze answers, Energy & Commerce Dems ask department heads if they 'intend to follow the Constitution'
(DBN)

Senate Democrats Hold the Floor in Overnight Protest of Trump Nominee
(DBN)

Truth Social's owner wants to let you invest based on Trump's MAGA promises
(DBN)

Trump Amplifies Conspiracy Theory Over Payments to Politico CEO of Politico’s parent company to Trump: ‘It’s not subsidies; it’s capitalism’ DOGE targets government media subscriptions after MAGA attacks Trump orders key government agency to cancel all media contracts
(DBN)

Trump’s Assault on USAID Makes Project 2025 Look Like Child’s Play Elon Musk's Crackdown on USAID Splits With Project 2025 Agenda Trump Administration to Leave USAID With Fewer Than 300 Workers
(DBN)

Jewish groups rebuke Trump on immigration, Musk moves
(DBN)

Trump's gut-it-all plan for D.C.'s "Deep State"
(DBN)

Most Americans have positive view of agencies Trump is targeting: poll
(DBN)

Denmark gets ready to defend Greenland from Trump … with warm socks
(DBN)

Panama Canal Authority disputes Trump admin claim on removal of boat fees Panama Leader Accuses US of ‘Lies’ in Dispute Over Canal Rubio walks back State Department’s claim of free Panama Canal transit for US government vessels
(DBN)

Greenland Ruling Party Seeks Independence Vote by 2029
(DBN)

What Rubio told U.S. diplomats about the future of foreign aid, as most programs paused
(DBN)

Republicans Are Changing Their Minds on Elon Musk All the ways Elon Musk is breaking the law, explained by a law professor How Elon Musk boosted false USAID conspiracy theories to shut down global aid Musk uses his X ownership and White House position to push Trump priorities, intimidate detractors Musk’s DOGE agents access sensitive personnel data, alarming security officials Musk sets sights on aviation reform 17 days of DOGE: Inside Trump and Musk's rapid disruption of the federal workforce DOGE follows longtime Musk pattern — and turns attention to Social Security Administration Elon Musk’s DOGE is feeding sensitive federal data into AI to target cuts Musk’s DOGE agents access sensitive personnel data, alarming security officials If DOGE Goes Nuclear New York and other states plan to sue Trump administration over DOGE access to federal systems Musk’s pivot to U.S. airspace reform raises new conflict-of-interest concerns Staffer at Musk’s DOGE resigns after racist social media posts exposed List of What DOGE Aims to Cut From U.S. Government So Far Secrecy is DOGE’s defining characteristic House Democrat leaves DOGE Caucus over Musk's tactics Trump energy secretary allowed 23-year-old DOGE rep to access IT systems over objections from general counsel Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show
(DBN)

Trump makes enemies of his most likely Democratic allies
(DBN)

House GOP pleads for time after "intense" White House meeting
(DBN)

Trump Media to Trademark a ‘Made in America ETF’ in Finance Push
(DBN)

Rep. Nancy Mace doubles down on using anti-transgender slur: 'I don't really care'
(DBN)

The White Nationalist Now in Charge of Trump’s Public Diplomacy
(DBN)

Taylor Swift and Donald Trump on Collision Course at Super Bowl
(DBN)

Office of Personnel Management CFO, who manages more than $1 trillion in funds, pushed out of role
(DBN)

Transcript Proves the 60 Minutes Scandal Was Always Fake Yet Trump Calls for CBS to Lose Its License
(DBN)

Trump evicts highest-ranking woman in the military from her home on short notice
(DBN)

FEC chair says Trump has moved to fire her Trump Fires Head of Federal Election Panel, But She Won’t Leave
(DBN)

____________

Sports:

Trump administration plans to pressure IOC to devise a uniform trans athlete ban The Transgender Olympic Athletes Excluded From Donald Trump Executive Order Transgender Olympic US Athlete Speaks Out on Trump Executive Order
(DBN)

NCAA updates its policy after Trump's ban on transgender athletes competing in female sports NCAA bars transgender women from competing in women’s sports
(DBN)

Penn Probed by Education Department Over Trans Woman Swimmer
(DBN)

Denver Broncos President Damani Leech praises NFL’s diversity commitment
(DBN)

____________

Non-Profits:

How the nonprofit Change Reaction gets money to LA households impacted by wildfires so fast
(DBN)

____________

Healthcare:

Jackson Hospital gets loan to stay open after declaring bankruptcy Jackson Hospital in Montgomery saved by investment group after bankruptcy
(DBN)

Prospect Medical Signs Temporary Deal to Avert Hospital Closures
(DBN)

FTI Consulting chosen to temporarily run Crozer Health Crozer Health will receive $20M in public funding to keep its Delaware County hospitals open for at least 30 days Federal judge signs agreement to place Crozer Health in receivership for 30 days to avoid hospital closures
(DBN)

3 hospital, health system bankruptcies in 2025
(DBN)

Delaware County Council has strong words for Crozer Health, its parent company, with bankruptcy hearing Thursday morning
(DBN)

Lamont has blunt message for Yale as sale of Prospect’s 3 Connecticut hospitals languishes
(DBN)

Hungary floats WHO withdrawal after Trump and Milei exits
(DBN)

Democrats Sound Alarm on Veterans' Healthcare as DOGE Concerns Grow
(DBN)

US Health Agency Asked to Go After ‘Anything Related to Covid’
(DBN)

____________

Personal Finance:

My partner and I paid off our mortgage early even though our financial advisor told us not to. Sometimes, I regret it.
(DBN)

____________

Crypto:

Melania Memecoin Is Down 90% From Peak as Novelty Value Wanes
(DBN)

Crypto Bros Are Trying to Bankrupt Honduras for Scuttling Their Private Cities
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Student Debt:

BAPCPA: Extremely Harsh On Student Loans (Brunner & Briscoe)
(DBN)

____________

Mass Torts:

'We're not doing' second auction for Infowars, bankruptcy judge says in Alex Jones case Key takeaways after judge denies Sandy Hook families’ $16M deal over Alex Jones’ assets Judge denies Sandy Hook families' deal for a new auction of Alex Jones' Infowars
(DBN)

____________

Miscellaneous:

Paul Weiss Restructuring Department Bulletin – February 2025
(DBN)

____________

Aviation:

Spirit Airlines extends equity rights offering deadline
(DBN)

Trump administration wants bill to establish new air traffic control system
(DBN)

Japan Airlines plane slices tail of parked Delta Air Lines plane: See video
(DBN)

Black Hawk helicopter in D.C. plane crash had a safety system off, senator says
(DBN)

____________

Transit:

NYC Transit Chief Urges Lawmakers to Fix $35 Billion Gap
(DBN)

____________

Tech:

U.S. lawmakers move to ban China's DeepSeek from government devices Why DeepSeek is Sparking TikTok-Like National Security Fears
(DBN)

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI
(DBN)

Brits Want to Ban ‘Smarter Than Human’ AI
(DBN)

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand
(DBN)

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
(DBN)

U.K. orders Apple to let it spy on users’ encrypted accounts
(DBN)

____________

Nursing Homes:

Long Island Nursing Home Risk Closure without Labor Deal, Over 800 Impacted by May 15 Deadline
(DBN)

____________

Cannabis:

Texas Under Pressure to Legalize Marijuana
(DBN)

____________

Fintech:

The FDIC illusion: How a fintech intermediary’s collapse exposed a dangerous gap in digital banking
(DBN)

____________

Batteries:

Volvo Cars will not pay Northvolt for battery joint venture stake, it says
(DBN)

____________

Education:

Financial Challenges Facing Colleges and Universities
(DBN)

What Does the Department of Education Actually Do? Can Trump Dismantle the Department of Education?
(DBN)

Texas To Investigate Schools Over Transgender Policies
(DBN)

____________

Car Washes:

ZIPS Car Wash expects to greatly reduce debt obligations following Chapter 11 bankruptcy filing Zips Car Wash files for bankruptcy to cut $279 million in debt
(DBN)

____________

Non-Profits:

Trump’s Attempt to Freeze Grant Funding Leaves Nonprofits Reeling
(DBN)

USAID shutdown ripples through grassroots groups worldwide: "A huge impact on actual human lives"
(DBN)

Services for disabled Americans, trans youth and refugees feel the squeeze from Trump’s early actions
(DBN)

____________

Agribusiness:

Dairy farm owner threatened to kill workers who objected to being underpaid, MN cops say
(DBN)

Trump's USAID gambit backfires as American farms now threatened: report
(DBN)

____________

Labor:

Workers' rights caught in collision of Trump's priorities
(DBN)

____________

Climate:

Trump rescinds $4B in US pledges for UN climate fund
(DBN)

World's Fourth Largest Lake Now a Desert
(DBN)

____________

Financial Services:

Oaktree in Talks With B. Riley to Replace Nomura’s Loan
(DBN)

____________

Tax:

Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill
(DBN)

____________

Celebs:

NFL legend Antonio Brown files for bankruptcy after losing $100 million fortune from ‘blowing all my money’
(DBN)

____________

Food/Beverage:

The Breaking Point for Eggs
(DBN)

____________

Trucking:

Hydrogen-Truck Maker Nikola Nears Bankruptcy Filing Nikola considering bankruptcy filing: report Nikola explores its options, nears bankruptcy filing Nikola shares are slumping. A report says the hydrogen-truck maker is nearing bankruptcy.
(DBN)

____________

UK:

Troutman Pepper Locke Adds Seasoned Restructuring Partner Mahnvir Singh in London
(DBN)

Best Law Firms to Work At 2025: The top firms for pay satisfaction The bottom firms for pay satisfaction
(DBN)

Aon makes senior promotions in Birmingham insolvency and restructuring team
(DBN)

Surrey devolution must not force debt-free councils to take on bankrupt Woking's woes
(DBN)

How Donald Trump could worsen Birmingham City Council's financial crisis
(DBN)

Luxury London Hotel Secures Refinancing to Avoid Being Sold
(DBN)

New way for insolvency practitioners to obtain non-public information from Companies House
(DBN)

Bank of England Cuts Rates While Warning of Inflation and Trade War Risks Bank of England’s Dire Forecasts Revive Reeves’ Budget Worries
(DBN)

____________

MENA:

Trump defends Gaza proposal, says Israel will ‘turn over’ territory to U.S. Arab, Muslim Americans blast Trump’s ‘grotesque’ Gaza proposal Trump idea for Gaza takeover gets Israeli approval, global scorn Trump's Gaza comments hand Islamic terrorists a 'rallying cry,' experts say Trump’s Gaza plan shocks the world but finds support in Israel Trump the real estate developer eyes Gaza as next project There Is No Real-Estate Solution for Gaza Trump doubles down on kicking Palestinians out of Gaza Gazans Don’t Need a Riviera. They Need Water Inside Trump's Gaza takeover stunner Hegseth Won't 'Get Ahead' of Trump When Pressed on Possible Troops in Gaza Trump claims no U.S. troops needed for his Gaza takeover plan Trump Gaza Proposal Is a 'Prescription' for Another October 7: John Bolton
(DBN)

Trump is putting ‘maximum economic pressure’ on Iran. What’s next for oil?
(DBN)

Iran’s Khamenei Pours Scorn on Trump’s Nuclear-Deal Overture
(DBN)

Donald Trump to sign order sanctioning ICC over its treatment of Israel
(DBN)

____________

Russia:

UK takes on leadership of Biden-era Ukraine military aid group
(DBN)

First high-end French fighter jets arrive in Ukraine
(DBN)

____________

China:

Big companies see no China recovery soon, adding to trade tensions gloom
(DBN)

____________

India:

IBBI proposes end to ‘Going Concern’ sales in liquidation for faster resolutions
(DBN)

IBBI proposes ‘mini group insolvency’ to streamline resolution of interconnected entities
(DBN)

Controversies Erupt as Byju’s Insolvency Case Heats Up at NCLAT
(DBN)

Experts differ on IBBI's move to permit flat possession during insolvency
(DBN)

____________

Russia:

Trump's Justice Department ends task force aimed at seizing Russian oligarchs' assets
(DBN)

____________

Australia:

Australia passes tough hate crime laws with mandatory jail time for Nazi salutes
(DBN)

____________

Venezuela:

US formally seizes second plane belonging to Venezuelan President Maduro
(DBN)

____________

Germany:

German Industrial Production Falls Most in Five Months on Cars
(DBN)

____________


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