Daily Archives: May 9, 2022

Letters to the Editor | Opinion | benningtonbanner.com – Bennington Banner

Posted: May 9, 2022 at 9:10 pm

Dont fall for Joe Namaths ads

You probably have seen Joe Namath on television hawking Medicare Advantage plans. Dont be fooled! Joe was a decent quarterback, but a health insurance expert, he is not. Right now, there are two versions of Medicare: Original (federal) and Advantage (commercial). In addition, there is a new program called REACH which can switch your plan from Original to a commercial plan without your consent. Commercial insurance companies such as United Health Care, Cigna, and Aetna make huge profits if they can sell their Advantage plans. These insurers are overpaid middlemen. They spend your premium dollars on fat-cat executive salaries, lobbying, investor dividends, advertising, and political donations, not on your medical care. In addition, the government subsidizes Advantage plans using Original Medicare funds, thereby making the Advantage plans even more profitable and depleting the Medicare Trust Fund.

Advantage plans will limit your care if they can. They will insist that your doctor prescribe certain drugs and not others. You will be restricted to a certain panel of doctors, and they will make it difficult for you to go to anyone outside this panel. If your doctor orders a test, they might not pay for it unless you get prior approval. If you get really sick and you want to switch back to Original Medicare because it provides more options, you will do so at a greater cost. If you switch from one Advantage plan to another, you may have to switch doctors as well.

Dont be fooled by Joe Namaths slick but empty promises. Commercial insurers have turned our health care system into an expensive, poor performing mess. They are profit motivated not patient-care motivated. The only way out of this mess is a federally funded single payer system which would insure everyone from birth to death.

G. Richard Dundas, MD

Bennington

When you opt for Medicare Advantage (MA) instead of traditional Medicare, you place decisions about your health in the hands of a big insurance company intent on making a profit. Three quarters of the MA business is currently in the hands of six huge insurers: Humana, CVS, Anthem, Kaiser Permanente, Centene, and Cigna.

Because of the potential incentive for Medicare Advantage Organizations (MAOs) to deny beneficiary access to services and deny payments to providers in an attempt to increase profits, the Health & Human Services agency Inspector General just reviewed the performance of MA insurers. The results were not good. Of the prior approval requests that MA insurers denied, 13 percent should have been approved. Of the payment denials by MA insurers, 18 percent were improper under both the rules of Medicare and the MA insurers own rules.

Some improper decisions were reversed by the MA insurer, but this often happened only after a beneficiary or provider appealed or disputed the denial. The three causes of these improper denials: Using clinical criteria that Medicare does not impose; requesting unnecessary documentation; and errors in the insurers manual review or system.

Since every improper denial is a money-saver for the insurance company, you have to wonder how intentional this rate of impropriety is. Since every improper denial is a hardship to a patient and/or medical provider, you have to wonder how the government can allow this kind of behavior, while also allowing MA insurers to tout the MA program as Gods gift to seniors. The government also knows that MA insurers are also manipulating the system to increase the amount of money they get from Medicare, a fiasco that is surely a testament to how much money these insurers devote to shaping regulators opinions.

It will get worse. Ideas similar to those behind the Medicare Advantage program underlie Medicares new mania for value based care. The agency recently announced that all Medicare beneficiaries should be in value-based care programs by 2030.

Lee Russ

Bennington

President Biden recently said, the MAGA crowd was the most extreme group in the Country. I usually dont believe in slogans but, in these trying times, how could make America great again be a bad goal for us. Then I asked myself the question did this Group burn down and loot our cities and kill and maim our citizens? The answer to this question is no. He must have been referring to ANTIFA and the gangs of losers and have-nots.

Is President Bidens MAGA statement another one of his euphemisms, to be later clarified by his handlers? Did he realize that he was referring to 50 percent of our nation, and its leader, past Pres. Trump who gave us so many successful plusses during his term that he in fact made America great again?

Lets imagine getting back to energy independence, no budget busting inflation, full employment, respect from our allies as well as our enemies, stability in the Middle East, and too many other plusses to list here.

Lets make it happen at the Polls this November, and at future elections.

Perry Green

Manchester Center

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Between a Rock and a Hard Place The Brooklyn Rail – Brooklyn Rail

Posted: at 9:10 pm

The French presidential elections brought what many were dreading, a standoff between what has long been called the authoritarian liberalism of Emmanuel Macron and the avowed fascism of Marine Le Pen. For a small month-long window before the elections people who dont usually vote began to talk about voting for Jean Luc Mlenchon, whether matter-of-factlyhis program is correct, said my favorite barman Kamel at the Mouton Blanc in Strasbourg St Denis as he served me a pint-sized spritzor resignedly, its the only chance we have against Le Pen because its not a given that people will vote for Macron against her.

A couple of weeks before the elections tensions ran high against the Jadotistesthe kind of bourgeois-bohemians who might have voted for Mlenchon in the last election (the problem with such a leopard is hes always changing his spots, his party, his discourse) who were now voting Jadot, an ecological candidate whose program was actually less green than Mlenchons. Bruno Latour himself had come out and supported Jadot publicly, along with a scattering of left-wing intellectuals who clearly refused to see that the only candidate who could get any kind of traction against the Le PenMacron black hole was Mlenchon, according to the polls.

In the rain in Belleville a few days before the first round I found some surprising green-haired steam punks distributing tracts for Jadot, telling me that even though he wouldnt win it was important to vote for what we believe in. These are the words of a Green party of bureaucrats in its death throes; they want the racket to exist after the election, or they have to reimburse their campaign money. The week before the election I sat in a bar in the 12th Arrondissement with people who dont usually vote, making paper airplanes and origami frogs and birds out of Mlenchons campaign leaflets, which used the 1968 slogan another world is possible. We read his program, which everyone found not so bad after all: freezing the prices of basic necessities and energy costs in the face of the gas and inflation crises, raising unemployment benefits, requisitioning empty houses and second homes for public housing, outlawing eviction, reforming the police, and reinstating retirement at sixty.

Perhaps Fabien Roussel, the Communist Party candidate, who seemed to have lost his mind and was framing his campaign solely on anti-ecological solutions on the basis that ecology is anti-working class, telling anyone who would listen that he would continue to eat meat and at all costs keep using nuclear power, ought to have stood down in the interests of a left coalitionhe garnered only 2.28% which could have pushed Mlenchon into the second round. Viewed this way, we could consider Jadot and Roussel to reflect each other: both make a kind of identity politics out of suggesting that an ecological position, or a working-class culture are incompatible with the Left, Mlenchons program seemed to defend both working-class and environmental interests without suggesting that they are opposed. Jean-Luc came in at 22%, behind Macron in first place with 27.8%, and Marine Le Pen at 23.1%. Two candidates from the far and center right followedEric Zemmour with 7.1%, Pcresse, the Rpublicain, with 4.8%. One has to gain over 5% of votes for campaign money to be reimbursed: much to everyones amusement, Pcresse had invested 5 million euros of her own money in her dream.

How will the rest of the votes recompose into votes for Macron, Le Pen, or abstention on the 24th? It would seem to depend on how many voted Mlenchon as a blockade against both of the main candidates and therefore may abstain, or simply against Le Pen and therefore will vote Macron, how many believe in the protectionism of his program and are unbothered by the racism of Le Pen and will vote for her national preference socialism. How many voters will have really had enough of Macron and will give up, therefore allowing the far-right candidate to pass

The conversations in Paris: In any case, she has no chance of winning (not true); If she passes, she wouldnt have a majority in the National Assembly and shell be less able to pass laws than Macron (she wants to change the constitution for this reason); At least there will be better street mobilizations (at what cost, and then the afterthought); the Constitution; and then: It isnt a choice, between the aggressive neoliberalism of Macron and the fascism of Le Pen, Macron is just fascism by another name; All this falls a little flat now that the choice between the two candidates is upon France once again. There are those who sacralize abstention, and those who sacralize the vote. There are those who say, grit your teeth, its not a choice but you can choose the enemy you want to fight with. There are those who point out that although its a bad choice, there must be a strong street movement.

Monday, April 11, about 400 students occupied a wing of lUniversit de la Sorbonne following an antifascist general assembly called in response to the results of the first round of the elections. Elsewhere in Paris, a building of lcole Normale Suprieure (ENS, one of the grandes colesthe French equivalent of the Ivy league or Oxbridge) was also occupied. Paris 8, the university in the northern suburb of St Denis, was blockaded to demand the regularization of students without documents (whether from Ukraine or from other countries), against student precarity, the exploitation of workers at the university, and the inaction of the administration in the face of sexual and sexist violence. Both the communiqu of the Sorbonne and of the ENS, explained Our mobilization isnt about advising people to vote or to abstain, but about bringing to light the hatred of, and the current obfuscation of the stakes by, the two programs (Le Pen/Macron). The absence of what we want, and the danger our rights are put in, our fear of the future and of racist, sexist, sexual, classist, and queerphobic violence, omnipresent in the presidential campaign and in the programs of both candidates, have obliged us to react.

Many of the student communiqus outline the non-choice, but also emphasize that they dont endorse either voting (for Macron), or abstaining. These students see the situation as so dire that its understandable that people would want to build a dam against Le Pen, and also that they have trouble doing so since so many of Macrons policies have instituted harsh austerity and institutional racism.

Monday night, police surrounded the occupied Sorbonne and made it difficult for others to come and go freely. The occupation continued impressively throughout the week, however, further securing its place with general assemblies and public demonstrations in front of the building, and in the neighborhood, in support of the occupation. Students also sent out Subcommandante Marcos-esque video communiqus1 in which masked students explain their choice to protect their anonymity in view of the repressive strategies of the university administration. These students are very young, they have spent the last two years inside in springtime due to COVID measures which closed high schools and universities and moved classes online; for many it was their first experience of a student occupation, as a third-year philosophy student who had taken part explained to me.

On Thursday morning, students at Sciences Po, another grande cole, blockaded the university in the interests of visibilizing and affirming student demands, absent from the presidential campaign, and even more so from the second round.2 They highlighted that neither candidate responded to their worries about social justice, the environment, feminism, disability, racism, antifascism, the precariousness of student life and income, discrimination against non-European students; they wanted to reinsert these worries into public discourse. Thirty or so identitarian (far right) militants kicked these blockaders out, wearing balaclavas and screaming, Were at home here. According to a student witness, the left-wing students began running. The group La Cocarde tudiante, alongside some members of Generation Zemmour and lUNI (the nationalist student union, created in 1968 against the uprising, to reinstate order in the universities) dismantled the barricade aggressively, tweeting In the face of the inaction of the authorities we took things into our own hands. Everyone ran off. They should accept the verdict of the ballot box: their defeat!.

A 6pm demonstration of several hundred people demanding the regularization of students without French nationality at the Panthon tried to join the occupiers at the Sorbonne, just a few streets away. The police tear-gassed the place and there were a few fights, arrests, and injured. Police used the opportunity to evict the occupation, at the request of the university rectorate, and some of the occupiers did leave. The choice of the rectorate to close the university ahead of the holidays was understood as a choice to stop students from having spaces to organize in and to repress their mobilization against the elections. About fifty people remained inside, the police having conditioned their leaving with an identity check.

By 11 Thursday night, there was little trace of the occupation except for the police presence, which cordoned off rue St Jacques and rue Victor Cousin from the sparse presence of tourists, businessmen, and whoever the hell else would go drink in the Latin Quarter. Four young women were arguing with police on the Place de la Sorbonne, and a sadly draped banner clung to the bars on a high-up window. The splendid square was desolate and even the fountains were switched off. The police were obviously finding the experience of being harangued by four beautiful young zoomers perversely pleasurable. Unmanned police barricades cordoned off the square from the street. Behind these, heavily equipped riot police were dismantling a barricade made of chairs on rue Victor Cousin. Imagine that you wanted to be a cop for the fantasy of fighting crime, rescuing young women from peril, being a brutal and violent hero, and your job is to tidy up some school chairs? In violent retaliation against such humiliation, the cops sat down on the chairs and started taking selfies.

Around the back of the Sorbonne, on rue Toullier, a crowd of sweet- seeming zoomers remained until about midnight, waiting for their friends to leave the occupation, which was by now entirely over. Excuse me, a very responsible-seeming young person wearing a surgical mask asked us. Are any of the legal guardians of those still inside still here? Some of the people inside were, as the philosophy student I talked to had confirmed, very young16 and 17. They all wore surgical masks. Under the pressure of their presence, the few left inside were able to leave without being arrested or having their identities checked. Eventually they all came out, walked three meters down to the end of this small ruelle chanting, On est l! Mme si Macron le veut pas, nous on est l! Pour lhonneur des travailleurs et pour un monde meilleur, mme si Macron le veut pas, on est l (Were here! Even if Macron doesnt like it, we are here!). A fringe group tried Grve, blocage, manif sauvage! (Strike, blockade, illegal demo!) but it didnt really catch on. The liberated students seemed tired and happy to see their friends, they had very little air of defeat about them.

A very bourgeois looking young man with a shiny face and lips stained with red wine like a vampire came up and asked me if Im a demonstrator. I said, No. But theres a demonstration, he presses. I say, Yes, the Sorbonne was occupied and it looks like everyone will go home. But you were in the demonstration. Sadly, Noits the truthbesides theres an undertone to his question that I dont like. Who will you vote for? he asks aggressively, still trying to categorize me somewhere amongst the answers hes already made up for himself. He has a less aggressive friend with him. A pair of drunk 19-year-olds. I dont know if youve caught on to my accent, I say, but I cant vote.

He says, Yeah, you seem like youre from Eastern Europe. I dont know what he means by this; its something thats always been coded, and is currently coded differently. So I say, still using the formal vous, with a big smile but irritated by his mauvaise foi, You know what, you can go fuck yourself. I must have hurt his national pride somewhere deep, for he spit out: This country doesnt want you. Perhaps hes just a 19-year-old, perhaps hes a Macronist, or perhaps hes a budding far-right militantafter all, the 5th Arrondissement is their stomping ground. A few weeks ago Loik le Priol, former leader of the Groupe Union Defense, hunted down and shot the Argentinian rugby player Martin Aramburu dead in front of his hotel, after a bar fight which began with the rugby player intervening when Loik and his friends verbally abused a non-French homeless person asking for money in a bar. There are constant spats over territory between Paris Antifa and groups of fascists whove been trying to claim the neighborhood since 68. So, you know, you have to be wary. His friend persuades the guy bothering me to leave and he, still not having understood that none of us foreigners can vote, threatens, Youll choose, youll choose, on election day youll choose between Le Pen. Its not a choice! screams a young student, exhausted.

There was a demonstration against the extreme right on Saturday the 16th, starting at Nation, in which various positionssyndical and autonomous, for abstention and for voting for a strategic blockade against Le Penwere all represented. The demonstration was huge, calm, boring, lined with policea kind of moving kettle. As it reached its end at Rpublique, not much happened either. The spirit of anti-fascism was generalized beyond Antifaeveryone was chanting siamo tutti antifascist,i for exampleto the extent that the Antifa themselves were invisible. At the demonstration ran confusingly into a Pakistani pro-Imran Khan rally. The statue of La Rpublique was adorned in blue and yellow (for Ukraine) several weeks ago in a semi-environmentalist, semi anti-war protest. Some determined young black bloc people tried to amass bottles from recycling bins and were reproached by some moderate seeming demonstrators. Some people lit a fire. The absence of much of the habitual spectacular property damage made for a loud silence. It is the first spring that weve been outside without sworn declarations or curfews that confiscate the night, and I get the feeling that the normal spring movement in Paris is only just waking up.

Despite the administrative closure of the Sorbonne, the students had called for other universities and high schools to mobilize, starting from Tuesday 19. Lyces (high schools) Louis le Grand, Fenelon, Lamartine, Jean Jaurs, Henri IV, Monet, and Victor Hugo were all blockaded. On the way to the library I happened upon Lyce Lamartine which was joyfully blocked by a hundred or so high-school students, who had arranged themselves in a stunning tableau on top of bins that had been repurposed to block the doors of the school. They had signs reflecting the concerns of the last few years and about the election: Sorbonne everywhere, Paris Antifa, Black lives matter, along with banners articulating the problems raised for young people by both electoral programs. They were joining in on all kinds of rhythmic chants against Macron and Le Pen, but especially Le Pen. At one point they were yelling the words to Brurier noirs iconic 1985 punk song Porcherie: La Jeunesse Emmerde Le Front National.3 They were joyful and a beautiful presence, some masked, some with the retro goth makeup characteristic of zoomers and doomers. On the other side of the road from the students explicitly holding the fort, another fifty or so students stood looking on shyly yet proudly. Cars honked for them frequently, and several wandering high-schoolers did a good job of charming cars and trucks into honking as well: Klaxonne sil te plat!

I try to lock up my bike but concerned young girls in hijabs tell me that my bike will be in danger despite how peaceful the protest is. A young man comes up to me: Madame, would you like to lend me your bicycle so I can go buy fumignes (flares). I hesitate for two seconds, but he and his entourage have a mini assembly, and decide they should do this using Lime scooters since they need to take cash out first. I ask another boy with braces on his lower teeth how long hes been up. Since 6:30. I went and distributed leaflets at two lyces, and then I came here. How did they organize this? On Instagram, a call from the Sorbonne went out on Instagram so we decided to blockade. Was he, or others, in the Sorbonne occupation too? Not him, but he moves off when I tell him Im writing an article. I ask another with a backpack how long hes been here. Since 10am. I had no idea it was happening, no one told me. Its cool, though. Another tells me its the first time hes blockaded his high school, hes in seconde, he was too young to participate in blockades the last time. There are no police, just the school security guard or janitor standing idly by. A sympathetic teacher with long hair and a hoodie congratulates them on their efforts. A man who looks like a gilet jaune motorcyclist, wearing a RIC (Citizens' Initiative Referendum, promoted by Mlenchons party) button, looks on sentimentally. Its difficult to get hold of students to ask them more about it, and I dont want to kill their vibe, so cool and complete. Im less involved than the pair of Trotskyists with red scarves who have come to turn this tableau into permanent revolution.

A cross-university general assembly was planned that morning at University Paris 8. The university followed the example of the Sorbonne rectorate to stop it from happening, and closed the university. This was also the case at University Paris 4 at Clignancourt. Students called for a last-minute assembly at University Paris 7 Grand Moulins at midday and the CROUS (the body which takes care of student welfare, benefits, accommodation, and things like food stamps) was occupied by 200 students. Whereas administrative closures following blockades have in previously been seen as a victory of sorts, the shutdown of the post-COVID university infrastructure means that exams will nonetheless be held online.

On Wednesday April 20, students barricaded the Condorcet campus in the suburb of Aubervilliers, and held general assemblies or hung out on the roof. The police did not come to break up the occupation and it continued into the weekend. Although a security guard patrolled the front of the campus, he also opened the gate for visitors so that they would only have to climb one of the barricades, and not the fence. That night was the presidential debate.

Its very longtwo and a half hoursand timers in front of the candidates show how long theyve spoken. Marine Le Pen, too afraid to use the words gilets jaunes since shed publicly opposed them in 2018, nonetheless gestured at them: Monsieur Macron is afraid of the People. She positioned herself as the Peoples candidate, bringing out well-rehearsed statistics about buying power and inflation and pensions. Macron failed throughout the debate to point out how extreme is the side of the spectrum she occupies. It was like watching two technicians pick over the bureaucratic details of laws and policies. There were very few of the grand ideas, takings of positions, talk about literature and philosophy, or romanticisms that usually characterize the French presidential debate.

Marine Le Pen had had good media training; she smiled a lot and kept to her allotted time slot. Macron was aggressive and cut her off. Were you an alien who didnt understand anything of what was going on youd mainly notice that hes a very condescending person, you might want to throw your drink at him. Someone on Twitter called him a mansplainer. A sticky moment came over the war in Ukraine and Le Pens relationship with Putin.

Towards the end they spoke about immigration and Islam, where Marine Le Pen really revealed her true racism, and Macron presented himself as the most tolerant person in the world, obscuring the racist laws his government has passed. Its just a scarf, he said of the hijab; we arent going to send police officers after people for a scarf. You did for masks, Marine Le Pen quipped, referring to the COVID measures. Macron managed to incorporate this new burst of tolerance into a republican discourse: Its unconstitutional to deny people access to public space, and then tilted toward an extreme right-wing, clash of civilizations idea of Muslims as a violent underclass: If you went into the projects and took peoples scarves off, it would be a civil war.

70% of France's Muslims voted Mlenchon in the first tour so Macron would have been more than invested in publicly defending the image of himself as a tolerant centrist at this point in time. Under his rule Darmanin passed the Islamophobic separatism law and there has been all kinds of public hysteria about the headscarf, so this seemed disingenuous. That said, the move he made in his speech echoes the strategy of the law: it splits the community, creating an inner enemy out of Islamists as a way of assimilating, and gaining popularity in, the Muslim community. Hes nonetheless a safer president for foreigners and Muslims. Almost foaming at the mouth as Macron told her she was in contradiction with what it means to be French, wide-eyed, Le Pen lost the cool shed unnervingly managed to maintain throughout. At the end Macron actually thanked her, and said something about them not being so different, and something vague about the children being the future.

On election night, the polling stations close at 8pm, but the Belgian radio station RBTF, not bound by French law, releases exit polls and fairly accurate projected results long before, to the horror of French journalists and ministers, who say that this is undemocratic. Its true that voters who didnt want to vote for Macron might have depended on this information in deciding on whether to vote or not at all. By 5pm, it seemed he had won. He had a strong majority: 58.5%. The abstention rate, however, hasnt been so high since the elections after 1968. Marine Le Pen did a lot better in the Outre-Mer, which might be informed by the politics of the health pass: in Martinique (60.87%), Guadeloupe (69.60%) and Guyane (60.70%). The restrictions in the Outre-Mer were harsher, and there have been huge uprisings and general strikes, particularly in Guadeloupe, protests which amplified and were amplified by struggles against the (post-) colonial form of governance employed by metropolitan France, and by struggles against the use of poisonous pesticides such as Chlordcone in agriculture (in Martinique and Guadeloupe).

Demonstrations had been called in many cities, irrespective of the result. In Paris there were three: at the Panthon, Chatlet and Rpublique. The election fell on a holiday, Parisians were out of the city, and it felt like a non-event. La place de la Rpublique was deserted at 8pm. Thats to say, there were no protesters, just some drunk people yelling that they were from Cameroon and liked Macron, and hapless persons from Le Quotidien, wandering around and trying to find something to film. A man with a bicycle came up to us as we sat by the statue of the Republic trying to work out what to do next and said, So hes won. It was all planned from the beginning, do you find it normal? I ask if he means the exit polls, but no, he means the political blackmail people have been subjected to, about having to vote for Macron against Le Pen. He means the exceptional power that the president has in the constitutional structure of the 5th Republic, which Mlenchon had pledged to change. What do they talk about in the debate? Muslims, immigrants, do you find that normal? I say, no. I dont really know what his point is, hes preaching to the converted, and anyway I cant vote. Youre welcome here in France young lady, he says with great conviction.

We move to Chatlet, where there are the materials for a riotthat is, enough people and police amidst the shopping crowd that it looks like onebut it never quite materializes. The demonstrators are being chased in all directions by hordes of BRAV (Mad-max-esque police mounted double on motorbikes, one to chase you and one to hit you), and shiny new metallic grey police trucks (a present to the force?) which swirl around the Boulevard Sebastopol-Les Halles axis, as confused but more violent than the demonstrators. A crowd manages to gather on the boulevard Sebastopol, about 500 people, very young, yelling A-Anti-Anti-capitaliste, Ni Macron ni Macron ni Macron. Seemingly bourgeois Parisians from their windows even joined in chanting Siamo tutti antifascisti. Has the demonstration been forbidden? None of us know, in any case it feels impossible and dangerous to demonstrate, because of the increasingly militarized and belligerent character of the police under Macron. The demonstration runs without knowing why its running, cuts down side streets, and tries to make its way to Rpublique.

Initially there are violent charges and the BRAV circle the place. Everyone assumes their roles and places. The police, after these initial charges stay back and are unprovocative. The demonstration assembles slowly over several hours, a few hundred people chanting around the statue. I dont recognize anyone from other demonstrations Ive been to. From what I can make out, there is a presence of Paris Antifa Banlieue, groups of gilets jaunes, young students, lycens, some people (Trotskyists?) who have been singing the Internationale for several hours (they were singing it on Sebastopol as well), but there arent that many people. It feels rather despairing and confused; people certainly know why they are there, but there are no witnesses to their political understanding and conviction. At one point the demonstration makes a valiant attempt to break out, wild demo, to go somewhere as crowds often did from the same starting point years ago during Nuit Debout, but is pushed back by a violent police charge. Absolutely nothing feels possible.

Whispers in the crowd tell us it might want to go to the Champ de Mars, to the Eiffel tower where Macron is already celebrating. The last time he celebrated, a friend points out, it was at the Louvre, right in the center of Paris, and now hes acknowledged his distance from the People (or the paintings, or the patrimony, or the public character of the museum) and is way off in the more bourgeois reaches of the city. That evening a friend went through the Marais, and the people on the trrasses popped open champagne when the results came in, in complacent victory. The police semi-kettled the place and reinforced their ranks, their aim being a minimal amount of conflict, to get the largest number of people to go home through the still open Metro out of sheer boredom. The cops themselves are bored;they mock a few Italians for their accents as they try to leave, probably needled because their candidate didnt win. And as it gets later they begin to throw gas and grenades as the crowd gets smaller. Everyone eventually does go home.

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Between a Rock and a Hard Place The Brooklyn Rail - Brooklyn Rail

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The deadly germ warfare island abandoned by the Soviets – BBC

Posted: at 9:08 pm

On the Kazakh-Uzbek border, surrounded by miles of toxic desert, lies an island. Or at least, something that used to be an island.

Vozrozhdeniya was once home to a vibrant fishing village fringed by turquoise lagoons, back when the Aral Sea was the fourth-largest in the world and abundant with fish.

But after years of abuse by the Soviets, the waters have receded and the sea has turned to dust; the rivers that fed it were diverted to irrigate cotton fields. Today, a layer of salty sand, riddled with carcinogenic pesticides, is all that remains of the ancient oasis.

This is a place where the mercury regularly hits 60C (140F) in the sandy soil, and where the only signs of life are the skeletons of desiccated trees and camels shading under giant, stranded boats.

Now Vozrozhdeniya has swallowed up so much of the sea that its swelled to 10 times its original size, and is connected to the mainland by a peninsula. But it is thanks to another Soviet project that it is one of the deadliest places on the planet.

From the 1970s, the island has been implicated in a number of sinister incidents. In 1971, a young scientist fell ill after a research vessel, the Lev Berg, strayed into a brownish haze. Days later, she was diagnosed with smallpox. Mysteriously, she had already been vaccinated against the disease. Though she recovered, the outbreak went on to infect a further nine people back in her hometown, three of whom died. One of these was her younger brother.

A year later, the corpses of two missing fishermen were found nearby, drifting in their boat. Its thought that they had caught the plague. Not long afterwards, locals started landing whole nets of dead fish. No one knows why. Then in May 1988, 50,000 saiga antelope which had been grazing on a nearby steppe dropped dead in the space of an hour.

The islands secrets have endured, partly because it isnt the kind of place where you can just turn up. Since Vozrozhdeniya was abandoned in the 1990s, there have only been a handful of expeditions. Nick Middleton, a journalist and geographer from Oxford University, filmed a documentary there back in 2005. I was aware of what went on, so we got hold of a guy who used to work for the British military and he came to give the crew a briefing about the sorts of things we might find, he says.

He scared the pants off me, to be honest.

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The deadly germ warfare island abandoned by the Soviets - BBC

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Violations Of The Bankruptcy Discharge Injunction – Insolvency/Bankruptcy – United States – Mondaq

Posted: at 9:06 pm

The recent case of In re Micah Cade McKinney, Case No.21-50046-rlj-11 (Bankr. N.D. Tex., April 28, 2022) provides insightas to violations of the bankruptcy discharge injunction.

Contempt litigation in bankruptcy court is occasionally drivenby intentional, willful conduct on the part of a creditor - perhapsout of spite that the debtor who owed them money had filed forbankruptcy in the first place. But more often than not, violationsof the automatic stay or the discharge injunction occur out of amisunderstanding of the applicable law. This case represents anexample of the latter.

Since December, 2018, the Debtor, Micah McKinney, and his wifeLeslie McKinney, were parties to a divorce case in State Court. OnMarch 31, 2021, the State Court held a hearing on two motions filedby Leslie McKinney in the divorce case: a motion for enforcement oftemporary orders and a motion to allocate a tax refund. The StateCourt orally granted Leslie McKinney's requested relief on therecord, holding Micah McKinney in contempt and ordering that hetransfer approximately half of a $3 million tax refund to LeslieMcKinney.

On April 5, 2021, before any written order was issued by theState Court, Micah McKinney filed this chapter 11 bankruptcy case.The case was primarily filed because Micah McKinney did not havethe funds to comply with the State Court's March 31 ruling.

On August 22, 2021, after a lengthy mediation, Micah McKinneyand Leslie McKinney entered into a settlement agreement thatresolved all their divorce disputes save for certain SAPCR("suits affecting the parent-child relationship") issues.The terms of the settlement agreement were incorporated into MicahMcKinney's bankruptcy plan ("Plan"). On November 4,2021, the Plan was confirmed. Under the Plan, and the settlementagreement incorporated therein, Leslie McKinney released all claimsagainst Micah McKinney, including claims in the divorce case,except for certain post-petition SAPCR issues. The Plan also statesthat all claims of the Lanfear Firm, which represented LeslieMcKinney in the divorce case, were released. The order confirmingthe Plan includes a broad injunction ("DischargeInjunction") barring all actions to enforce anypre-confirmation claims against Micah McKinney in a mannerinconsistent with the terms of the Plan. At the time of the hearingthe subject of this case, Micah McKinney had satisfied all hisobligations to Leslie McKinney under the Plan.

On February 17, 2022, Leslie McKinney, through the Lanfear Firm,filed a motion in the divorce case requesting entry of two ordersrelated to the State Court hearing held on March 31, 2021("Motion to Enter"). The orders, asproposed, provide that Micah McKinney be incarcerated if he failsto pay several pre-bankruptcy claims to Leslie McKinney, theLanfear Firm, and others; they also required that Micah McKinneyplace the $3 million tax refund in escrow for payment of a claim tothe Lanfear Firm. Each of the claims addressed by the proposedorders were discharged through the order confirming MicahMcKinney's Plan. After counsel for Micah McKinney emailedLeslie McKinney's counsel on February 17, 2022, voicing MicahMcKinney's objection to the Motion to Enter as a violation ofthe Discharge Injunction, counsel for Leslie McKinney said she didnot intend to seek the relief in the Motion to Enter but simplywanted a clear record to ease the adjudication of the remaining

SAPCR issues in State Court. Subsequently, Leslie McKinney filedan amended motion on February 28, 2022 ("AmendedMotion to Enter") that added language to the ordersstating that their entry was not an attempt to enforce relief but,rather, to accurately reflect the record. A hearing on the AmendedMotion to Enter was set in State Court for March 22, 2022.

On February 25, 2022, Micah McKinney filed a motion seeking tohold Leslie McKinney and the Lanfear Firm in contempt for violatingthe Discharge Injunction by filing the Motions to Enter. On March1, 2022, he filed a motion for a preliminary injunction, which wasgranted on March 8, 2022, enjoining Leslie McKinney and the LanfearFirm from pursuing their Motion to Enter and Amended Motion toEnter (collectively "Motions to Enter") and enjoining theState Court from entertaining the Motions to Enter at the March 22hearing. The Court took the motion for contempt underadvisement.

When a creditor violates the discharge injunction in abankruptcy case, a bankruptcy court may hold the creditor incontempt to compensate the debtor for the violation and to coercethe creditor into compliance with the injunction. PlacidRefining Co. v. Terrebonne Fuel & Lube, Inc. (In re TerrebonneFuel & Lube, Inc.), 108 F.3d 609, 612-13 (5th Cir. 1997).This authority derives from 11 U.S.C. 105, which allows abankruptcy court to enter any order necessary to carry out theprovisions of the Bankruptcy Code. Cirillo v. Valley BaptistHealth Sys. (In re Cirillo), No. 09-10324, 2014 WL 1347362, at*4 (Bankr. S.D. Tex. Apr. 3, 2014). To determine whether a partyshould be held in contempt for violating a discharge injunction,courts employ an

objective standard, and contempt is appropriate when "thereis not a 'fair ground of doubt' as to whether thecreditor's conduct might be lawful under the dischargeorder." Taggart v. Lorenzen, 139 S. Ct. 1795, 1804(2019).

Under Taggart, three elements must be proven for acourt to hold a party in contempt: "(1) the party violated adefinite and specific order of the court requiring him to . refrainfrom performing . particular . acts; (2) the party did so withknowledge of the court's order; and (3) there is no fair groundof doubt as to whether the order barred the party'sconduct." In re City of Detroit, Mich., 614 B.R. 255,265 (Bankr. E.D. Mich. 2020).

The Court had no trouble finding that Leslie McKinney and theLanfear Firm violated the Discharge Injunction by filing theMotions to Enter. The Discharge Injunction states:

AS OF THE EFFECTIVE DATE ALL HOLDERSOF CLAIMS AGAINST THE DEBTOR . ARE HEREBY PERMANENTLY ENJOINED ANDPROHIBITED FROM . THE COMMENCING OR CONTINUATION IN ANY MANNER,DIRECTLY OR INDIRECTLY, OF ANY ACTION, CASE, LAWSUIT OR OTHERPROCEEDING OF ANY TYPE OF NATURE AGAINST THE DEBTOR OR THE ESTATE,WITH RESPECT TO ANY SUCH CLAIM OR INTEREST ARISING OR ACCRUINGBEFORE THE EFFECTIVE DATE, INCLUDING WITHOUT LIMITATION THE ENTRYOR ENFORCEMENT OF ANY JUDGMENT, OR ANY OTHER ACT FOR THECOLLECTION, EITHER DIRECTLY OR INDIRECTLY, OF ANY CLAIM OR INTERESTAGAINST THE ESTATE OR THE DEBTOR.

The proposed orders on the Motions to Enter directed that MicahMcKinney was to make payments to Leslie McKinney for a portion ofthe $3 million tax refund and payments to the Lanfear Firm forattorney's fees-obligations that were expressly discharged byconfirmation of the Plan. The Discharge Injunction enjoins the"continuation in any manner" of "the entry orenforcement of any judgment" on a prepetition claim. As anaction that continues to seek entry in State Court of a prepetitionclaim, Leslie McKinney and the Lanfear Firm's filing of theMotions to Enter plainly violated the Discharge Injunction. So toowould a hearing on the motions or the State Court's issuance ofan order on the motions. The Court rejected the notion that theinclusion of a disclaimer in the motion saying that it was not anattempt to collect any of the monetary relief or awards thereinsaved the conduct from contempt. And the Court flatly rejected anythought that the requested State Court order was needed toaccurately reflect the record. Any further proceedings in the StateCourt were stayed by Micah McKinney's bankruptcy filing. Inaddition, the savings language did nothing to solve the criticalissue, which is that any continuation of a dischargedclaim violates the Discharge Injunction regardless of thepurpose of the continuation. The Court made clear that Entry of anorder against a debtor on a prepetition claim during the pendencyof a bankruptcy case violates the automatic stay; and entry of an order againsta debtor on a prepetition claim after the debtor receives adischarge violates the Discharge Injunction.

Turning to the second prong of the Taggart test, theCourt easily found the existence of knowledge, as Leslie McKinneyand the Lanfear Firm did not dispute that they were aware of theDischarge Injunction when they filed the Motions to Enter. Bothwere claimants under the plan, actively negotiating with MicahMcKinney before its approval. They both received distributionsunder the plan post-confirmation. The Amended Motion to Enterexpressly recognized that the Plan resolves the monetary reliefsought through their motions.

Turning to the final prong under Taggart, the Courtfound that Leslie McKinney and the Lanfear Firm had "noobjectively reasonable basis for concluding that [their] conductmight be lawful." Despite Leslie McKinney's belief thatshe was acting lawfully, the Court found no objective basis forconcluding that her and the Lanfear Firm's continuedprosecution of claims in State Court on a prepetition claim wouldnot violate the Discharge Injunction-such conduct directly violatesthe injunction's clear and plain language.

Finding that all three elements of the Taggart test hadbeen met, the Bankruptcy Court found Leslie McKinney and theLanfear Firm in contempt. The Court therefore turned to fashioningan appropriate sanction. The Court found that evidence made clearthat neither Leslie McKinney nor the Lanfear Firm intended toviolate the Discharge Injunction. Therefore, the Court found that,while she never had an objectively reasonable basis for concludingshe was not violating the Discharge Injunction, she had shown thatshe was "not proceeding in bad faith but, instead, under amisguided understanding of how she was restrained under theDischarge Injunction." Therefore, despite a request forattorneys' fees and punitive damages, the Court ultimatelylimited its damage assessment to a sanction of $250/day for everyday after the date that this order became final that LeslieMcKinney failed to file a notice in State Court withdrawing theMotions to Enter.

The refusal to grant attorneys' fees to Micah McKinney wassomewhat surprising, but the Court determined that, in this case,further sanction was not necessary or appropriate under thecircumstances.

The content of this article is intended to provide a generalguide to the subject matter. Specialist advice should be soughtabout your specific circumstances.

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Total April Bankruptcy Filings Decrease 21 Percent Over the Same Period Last Year – GlobeNewswire

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NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from the April 2021 total of 40,931. Noncommercial bankruptcy filings totaled 30,747 in April 2022, also registering a 21 percent decrease from the April 2021 noncommercial total of 38,826. Commercial filings decreased 16 percent in April 2022, as the 1,761 filings were down from the 2,105 commercial filings registered in April 2021. There were 249 commercial chapter 11 filings registered in April 2022, a decline of 15 percent from the 290 filings in April 2021. Small business filings, captured as subchapter V elections within chapter 11, decreased 26 percent to 83 in April 2022 from 112 in April 2021.

New bankruptcy filing volumes continue to decline as the country emerges from the global pandemic, says Chris Kruse, senior vice president of Epiq Bankruptcy Technology. The seasonality we see in March each year also occurred in 2022, and the April decline was expected.

Aprils total bankruptcy filings represented a 10 percent decrease when compared to the 36,059 total filings recorded the previous month. Total noncommercial filings for April also represented a 10 percent decrease from the March 2022 noncommercial filing total of 34,234. The commercial filing total represented a four percent decrease from the March 2022 commercial filing total of 1,825. Commercial chapter 11 filings decreased 15 percent from the 292 filings in March 2022. Subchapter V elections within chapter 11 declined 40 percent from the 138 filed in March 2022.

Legislation that passed recently in the Senate and is currently being considered in the House would expand the debt-eligibility limits for small businesses and individuals looking to reorganize their finances, said ABI Executive Director Amy Quackenboss. ABI appreciates the work by Congress to create greater access and a more efficient process for small businesses and families to achieve a financial fresh start.

The decline of subchapter V elections reflects the return of the debt-eligibility limit to the original $2,725,625 threshold from the expanded amount of $7.5 million first established under the CARES Act of 2020. Legislation was passed in the Senate to restore the eligibility limit back to $7.5 million and cover any subchapter V cases that were pending at the time of the March 27 sunset. Consistent with the recommendations of ABIs Commission on Consumer Bankruptcy, the substitute also continues to push for the debt limit for individual chapter 13 filings to be increased to $2.75 million and remove the distinction between secured and unsecured debt for that calculation. Both of the expanded eligibility limits for small business subchapter Vs and consumer chapter 13s would sunset after two years.

ABI has partnered with Epiq Bankruptcy to provide the most current bankruptcy filing data for analysts, researchers, and members of the news media. Epiq Bankruptcy is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Epiqs new Bankruptcy Analytics subscription service provides on-demand access to the industrys most dynamic bankruptcy data, updated daily. Learn more at https://bankruptcy.epiqglobal.com/analytics.

About Epiq Epiq Bankruptcy is a division of Epiq, a global technology-enabled services leader to the legal services industry and corporations that takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at https://www.epiqglobal.com.

About ABI ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit http://www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

Press Contacts: Angela Hoidas Epiq (678) 956-8728 angela.hoidas@epiqglobal.com

John Hartgen ABI (703) 894-5935 jhartgen@abi.org

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Total April Bankruptcy Filings Decrease 21 Percent Over the Same Period Last Year - GlobeNewswire

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What’s happening in Sri Lanka? Country facing worst economic crisis and on the brink of bankruptcy – Sky News

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Sri Lanka is on the brink of bankruptcy and now facing its worst economic crisis since independence, with acute shortages of food, fuel and other essentials.

Protests have been taking place on the island nation of 22 million people since the end of March between pro-government supporters and those calling for an immediate change in authority.

The background

Sri Lanka, which gained independence from the UK in 1948, emerged from a devastating civil war in 2009.

In 2019, the country was rocked by Easter Sunday bombings - 250 people were killed as suicide bombers targeted churches and hotels across the country.

The COVID-19 pandemic then torpedoed its pivotal tourism industry, which makes up its fifth-largest source of foreign revenue.

This economic downturn meant Sri Lanka was already in a precarious state when the most recent unrest erupted.

The country also has significant debt and was due to pay 5.7bn this year, with its total foreign debt standing at 41.5bn.

Rising oil prices and tax cuts have meant Sri Lanka now has as little as $50m (40m) of useable foreign reserves.

Sri Lanka needs at least 40,000 tonnes of gas each month, and the monthly import bill would be $40m (32m) at current prices.

When did the latest conflict begin?

On 31 March, hundreds of protestors tried to storm the home of President Gotabaya Rajapaksa, demanding his resignation.

The capital was placed under curfew and a state of emergency was declared the following day.

On 2 April, troops were deployed, and a 36-hour nationwide curfew was imposed. The following day, almost all of Sri Lanka's cabinet resigned.

An interim government was appointed, overseen by the president and the president's brother, Mahinda Rajapaksa, the prime minister.

Trading was then halted on Sri Lanka's stock exchange and the governor of the central bank - having resisted calls to seek a bailout from the International Monetary Fund - also resigned.

On 5 April President Rajapaksa lost his parliamentary majority after his finance minister resigned, and he lifted the state of emergency.

Protests soon broke out across the country, fuelled by a further shortage of life-saving medicines. Protesters called on the president to resign, as they blamed him for not managing the crisis - he was accused of borrowing too much money to finance projects which had not returned enough profit for Sri Lanka.

What happened next?

President Rajapaksa imposed the second state of emergency from 6 May, and gave security forces the power to crack down on growing unrest, a move that human rights groups have expressed concern over.

The government has since approached the International Monetary Fund for a bailout and has been holding a virtual summit with officials from the multilateral lender aimed at securing emergency assistance. But it was told its progress would depend on negotiations on debt restructuring with creditors.

Pro-government supporters, some armed with iron bars, attacked anti-government demonstrators at the "Gota Go Gama" tent village that sprang up last month and became the focal point of the nationwide protests.

Tear gas and water cannon have also been used as thousands broke the curfew.

The country has $25bn (19.2bn) of foreign debt, which is due over the next five years - however, it has unilaterally suspended all payments.

This culminated in the resignation of Prime Minister Mahinda Rajapaksa after trade unions began a "week of protests" demanding immediate government change.

How has this affected ordinary Sri Lankans?

With the economy in crisis, prices spiraling and food running out, farmers who should be planting their crops at the start of the rainy season are struggling, as they cannot afford - or sometimes even find - the fuel required for tractors and rotavators to turn the soil.

With farmers planting less, the food crisis looks set to get even worse.

With lower yields, the price in shops and markets has tripled and Sri Lanka is more reliant on imports it can barely afford.

Read more:The country where limes cost 240% more than last year - and a food crisis looms

Fruit and vegetable yields are also down and general food inflation is running at 50%.

Authorities have announced country-wide power cuts will increase to about four a day because they cannot supply enough fuel to power stations.

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A&G Bankruptcy Sale Offers Over 50 Properties in and around Manhattan, Kansas – PR Newswire

Posted: at 9:06 pm

Bids due June 7 for June 14 auction featuring wide array of Opportunity Zone and other assetsincluding single-family homes, multi-unit buildings, undeveloped land and vacant commercial/industrial buildings; many properties located close to Kansas State University.

MANHATTAN, Kan., May 3, 2022 /PRNewswire/ -- A&G Real Estate Partners is now accepting bids for its June 14 bankruptcy auction of more than 50 properties in and around Manhattan, Kansas. The assets include several development sites and multi-unit buildings in a federal Opportunity Zone adjacent to Kansas State University.

"This bankruptcy auction features assets that will be of interest to a wide array of potential buyers, including opportunistic developers and investors, and even first-time homebuyers," said Jamie Cot, A&G's Senior Managing Director of Real Estate Sales.

The June 14 bankruptcy auction begins at 10 A.M. at the Hilton Garden Inn Manhattan Conference Center. Those wishing to participate in the auction must submit Qualifying Bids to A&G by June 7, 2022.

The properties include:

Cot noted that the properties will be offered in many combinations, allowing investors of all sizes to participate.

Meanwhile, several of the assets on offer will be of particular interest to investors in federal Opportunity Zonesdesignated census tracts where new investments, under certain conditions, may be eligible for preferential tax treatment, said Emilio Amendola, Co-President of A&G Real Estate Partners.

The most substantial of these parcels measures 22,500 square feet and is located just one block from the university. This site currently contains a 12-unit apartment building and a single-family home. "However, current zoning allows for 45,000 square feet of construction on the site, with the potential to have an even larger building approved with the new Redevelopment Design zoning overlay," Amendola explained.

Other Opportunity Zone properties in the auction include four-unit and five-unit buildings on Ratone and Bluemont Streets, as well two adjacent properties at 804 and 810 Fremont Street. "With their proximity to the popular Aggieville entertainment district, the Fremont Street sites would make for an ideal redevelopment," Amendola noted.

In terms of geographic distribution in the Manhattan area, 24 lots as well as nine residences are located within the Valleywood neighborhood; a commercial lot and the vacant nursing home are in Abilene; three homes are in Enterprise; and the vacant former ice factory is located in Junction City.

"Workforce housing rentals and new housing stock in Manhattan are in very short supply. The properties that we are offering provide great options for both investors and builders to fill that void," Amendola added.

A&G was retained to direct the sale by I-70 Properties, LLC, as part of I-70's Chapter 11 bankruptcy (Case No. 21-40768), filed in The U.S. Bankruptcy Court for the District of Kansas.

For further information on the properties and procedures for submitting bids, visit: http://www.agrep-sales.com/kansas

Interested parties can also contact Emilio Amendola, (631) 465-9507, [emailprotected]; or Jamie Cot, (630) 954-7444, [emailprotected]

Press Contacts for A&G: Jaffe Communications (908-789-0700), Elisa Krantz, [emailprotected] or Bill Parness, [emailprotected].

SOURCE A&G Real Estate Partners

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Al Zawawi and 109(a): Parsing What It Means to Be a Debtor Under Chapter 15 – JD Supra

Posted: at 9:06 pm

What does it mean for an entity to be a debtor under chapter 15, and does it matter whether the entity is a debtor under that chapter of the Bankruptcy Code? While these may seem like strange questions with obvious answers, recent case law challenges those notions.

Section 1502 (1) of the Bankruptcy Code defines the term debtor, for purposes of chapter 15, as an entity that is the subject of a foreign proceeding. That somewhat circular definition is not expressly in sync with the requirements to qualify as a debtor under 109 (a) of the Bankruptcy Code that is, whether the entity has a domicile, place of business or property in the U.S. In In re Al Zawawi, the U.S. Bankruptcy Court for the Middle District of Florida referenced and expanded the split of authority as to whether a foreign debtor under chapter 15 must, in addition to satisfying the requirements of 1502 (1), meet the 109 (a) requirements applicable to other Code chapters.

Originally published in ABI Journal - May 2022.

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Al Zawawi and 109(a): Parsing What It Means to Be a Debtor Under Chapter 15 - JD Supra

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Sri Lanka Is on the Brink of Bankruptcy – The Diplomat

Posted: at 9:06 pm

Sri Lankan auto rickshaw drivers queue up to buy petrol near a fuel station in Colombo, Sri Lanka, Wednesday, April 13, 2022.

Sri Lankas economy is in dire straits with its usable foreign reserves down to less than $50 million, the countrys finance minister said Wednesday.

Ali Sabry was speaking to Parliament after returning to Sri Lanka from talks with the International Monetary Fund. He said any IMF rescue program, including a rapid financing instrument needed to urgently resolve shortages of essential goods, would depend on negotiations on debt restructuring with creditors and would take six months to implement.

Sri Lanka is on the brink of bankruptcy and has suspended payments on its foreign loans. Its economic miseries have brought on a political crisis, with the government facing a protests and a no-confidence motion in Parliament.

The country is due to repay $7 billion this year of the $25 billion in foreign loans it is scheduled to pay by 2026.

Get briefed on the story of the week, and developing stories to watch across the Asia-Pacific.

There is a severe risk in front of all of us, said Sabri. He said Sri Lankas reserves stood at $7.6 billion at the end of 2019 and fell to $5.7 billion by the end of 2020 as payments outpaced inflows of foreign currency amid the pandemic.

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The reserves declined to $3.1 billion by the end of 2021, and to $1.9 billion by the end of March, he said. With foreign currency in short supply thanks to less tourism and other revenues, official reserves were tapped to pay for importing essentials including fuel, gas, coal and medicines beginning in August 2021.

The bulk of Sri Lankas remaining reserves including a $1 billion equivalent SWAP facility from China, are not usable for settling dollar-denominated payments, he said.

Sabris comments came a day after the countrys main opposition party issued a no-confidence motion aiming at ousting Prime Minister Mahinda Rajapaksa and his Cabinet.

The opposition United Peoples Force blames the government of failing in its constitutional duty to provide decent living standards. It accuses top government officials of excessively printing money, hurting farm production by banning chemical fertilizers to make the production fully organic and minimize import costs, failing to order COVID-19 vaccines in a timely manner and buying them later at higher prices.

A date has not yet been announced for a vote on the no-confidence motion.

The foreign currency crisis has limited imports and caused severe shortages of essential goods like fuel, cooking gas, medicine and food. People must line up for hours to buy what they can and many return home with little, if any, of what they were seeking.

Protests have spread demanding the resignations of Mahinda Rajapaksa, who heads an influential clan that has held power for most of the past two decades, and his younger brother, President Gotabaya Rajapaksa. An occupation of the entrance to the presidents office by protesters demanding the Rajapaksas resign was in its 26th day on Wednesday.

So far, the Rajapaksa brothers have resisted calls to resign, though three other Rajapaksas out of the five who are lawmakers stepped down from their Cabinet posts in mid-April.

Sabri said Sri Lanka was in the process of appointing legal and financial advisers for negotiations on restructuring its foreign debt.

This is an economic crisis. The economic crisis has created a political crisis. It is important to resolve the political crisis in order to find solutions to the economic crisis, Sabri said.

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The School Buzz: Vanguard rocketry team competing for national title – KRDO

Posted: at 9:05 pm

A student-run rocket team from the Vanguard School in Colorado Springs may be among the nation's best.

The team is competing for the American Rocketry Challenge national championship May 14 outside Washington D.C. The club has competed in the challenge every year since 2003 and it's their 11th year in the finals.

The team has to design, build and launch a model rocket that safely carries two raw eggs to a target altitude of 835 feet, with a target flight duration of 41 44 seconds.And the students have worked so hard: 2-4 hours after school each week since August; 4-5 hours, two Saturdays each month, since November.

Theyve learned rocket design, engineering, computer simulation, and even basic sewing for parachutes.

The clubs mentor is Steven Riegel. He says, Throughout the year, they've had tremendous attitudes and commitment to improving. Even on days when the test launches didn't go as well as hoped, they pulled together to sort out the problem, find a solution, and prepare for the next round."

The competition is the aerospace and defense industrys flagship program designed to encourage more students to pursue careers in STEM. Teams are competing for $100,000 in prize money, with the winning team going to the international finals in London; the top 25 teams get invites to NASAs Student Launch workshop.

Do you know a remarkable club, program, teacher or student at your school? Email us! SchoolBuzz@KRDO.com.

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