April 24, 2020

The Daily Bankruptcy News

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Law:

Before The COVID-19 Pandemic: The Top 10 Law Schools For Landing Biglaw Jobs
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The COVID Crisis Law Firm Layoff Tracker: What’s Your Firm Doing To Survive?
(DBN)

Shearman & Sterling offers lawyers huge holidays on 30% pay
(DBN)

Am Law 200 Firm Laying Off Attorneys As Part Of COVID-19 Response
(DBN)

After Slashing Partner Compensation, Biglaw Firm Moves To Stage 2 Of COVID-19 Austerity Measures: Attorney Layoffs (And More)
(DBN)

Does the Am Law 100 Even Matter Right Now?
(DBN)

Finding COVID-19 Impact 'More Prolonged' Than Expected, Husch Blackwell Adds Layoffs, Furloughs, Pay Cuts
(DBN)

Adopting COVID-19 Cuts, Law Firms Balance Image and Economics
(DBN)

Firms slash pay by 20% without cutting hours and targets
(DBN)

McDermott Professional Staff Among Latest Hit by COVID-19 Cuts
(DBN)

Thirteen Boies Schiller Partners Defect to King & Spalding Boies Schiller law firm restructures during pandemic
(DBN)

Lawyer In Trouble For Taking Off Pants In The Courthouse — I’m Sorry, I Thought This Was America
(DBN)

'Handsy' partner pretends to work after being fired
(DBN)

The Truth About Law School, Diversity, And Debt
(DBN)

Constitution May Block Progressives on Wealth Tax
(DBN)

'Constitutionalist sheriffs' won't enforce coronavirus restrictions
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Do anti-mask laws make us all criminals? Lawyer who challenged this law sees issues
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After Weeks of Court Battles, Texas Abandons Abortion Ban Litigation
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Federal Judge Tosses Jussie Smollett's Claims of Malicious Prosecution, Cites Recent Indictment
(DBN)

New report reveals the 10 states with the highest — and lowest — levels of household gun ownership
(DBN)

Serial Spitter? Woman Sought in Two Separate Spitting Incidents in Philadelphia, Police Say
(DBN)

Man kills teen stepson during quarantine spat: cops
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Miami Has Recorded No Homicides in 6 Weeks Despite Deliberate Decline in Police Enforcement
(DBN)

National Guardsman allegedly impersonating cop pulled over off-duty officer
(DBN)

After Stunning Testimony, Kori Muhammad Found Guilty in Racist Shootings of White Men
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Pandemic Lawyer of the Week: Dress for viral success
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Coronavirus concerns keep man locked in prison after double-murder conviction is overturned
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Judges:

US Bankruptcy Courts Offer Extraordinary Relief Amid Covid-19
(DBN)

5 Tips To Prepare For A Remote Court Hearing
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Federal judge sues Allstate, claims insurer is wrongly trying to evict him during pandemic
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Kavanaugh and Roberts Side with Liberals to Hand Environmentalists Huge Win; Alito Is Not Amused
(DBN)

Justice Alito’s jurisprudence of white racial innocence
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Supreme Court rejects Trump administration's view on key aspect of Clean Water Act
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Attorney Wins Bid to Reverse Sanction for Failing to Appear
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Everyone is Mad at Elena Kagan
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Wall Street:

Dow futures perk up as investors await results from Verizon and AmEx
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US stocks close mixed as virus drug report offsets oil-market surge
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SocGen Traders Lost as Much as 200 Million Euros in Virus Rout
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All That Matters to Investors Now Is How Fast Economies Reopen
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Layoffs:

Nestle Guarantees Employee Pay for 12 Weeks In Case of Stoppages
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Western US coal miners laid off amid drop in electricity use
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Healthcare:

Verity continues hospital divestiture spree with $40M deal
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Tracking the novel coronavirus in the U.S.
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'I am no hero. I am not ready to die': A New York nurse reveals the anguish, fear, and heartbreak of fighting the coronavirus pandemic
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Making the best of it: What a family of 6 learned when Mom got the coronavirus
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Family ravaged by coronavirus begged for tests, hospital care, but was repeatedly denied
(DBN)

How your body will try to save you from Covid-19
(DBN)

Doctors have found a horrible new coronavirus complication
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Nearly All Patients Hospitalized With Covid-19 Had Chronic Health Issues, Study Finds In sickest COVID-19 patients, underlying conditions are common, large study finds
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A healthy woman suddenly died. She was the first known coronavirus fatality in the U.S.
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Hydroxychloroquine sparks renewed controversy but clinical trials are pushing ahead
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Nearly 90 Percent of COVID-19 Patients on Ventilators in New York Died
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Scientists probing whether blood-pressure drugs accelerate coronavirus
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WTO report says 80 countries limiting exports of face masks, other goods
(DBN)

Photos show how shortages are forcing doctors and nurses to improvise coronavirus PPE from snorkel masks, pool noodles, and trash bags
(DBN)

Coronavirus Spreads Easily in U.S. Homeless Shelters, CDC Says
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Hidden Outbreaks Spread Through U.S. Cities Far Earlier Than Americans Knew, Estimates Say
(DBN)

California sees another record day of coronavirus deaths
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New York City’s most suburban area, sees second-highest rate of COVID-19—but why?
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See when the coronavirus outbreak will peak in every state, according to projections
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Doctors urge caution when using ventilators for coronavirus patients
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Mind-boggling study says smoking might prevent coronavirus infections
(DBN)

Dentistry at ‘Virtual Standstill’ and 2021 Isn’t Safe Either
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'COVID toes': The latest unusual symptom in coronavirus patients
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WHO mistakenly posted study results that appeared to show that a leading potential coronavirus treatment failed to help patients
(DBN)

There are already 72 drugs in human trials for coronavirus in the US. With hundreds more on the way, a top drug regulator warns we could run out of researchers to test them all.
(DBN)

Trump Didn't See It Coming: Coronavirus Deaths Increased Tenfold This Month
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A coronavirus patient thought he was recovering. Then doctors found blood clots in his lungs — a new and potentially deadly complication of the virus.
(DBN)

Controversial idea to speed coronavirus vaccine gains ground
(DBN)

Gilead Plunges After Report That Chinese Trial Was Unsuccessful
(DBN)

New Jersey on Brink of Exceeding 100,000 Coronavirus Cases
(DBN)

New York Finds Virus Marker in 13.9%, Suggesting Wide Spread A statewide antibody study estimates that 21% of New York City residents have had the coronavirus, Cuomo says
(DBN)

A woman who recovered from the coronavirus tried to donate her plasma, but she barely had any antibodies. It highlights lingering questions about immunity.
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First responders say years of low pay and chronic turnover have put coronavirus patients' lives at additional risk during the pandemic: 'We're screaming for help'
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Distressed Investing:

Blackstone’s GSO Distressed-Debt Bets Post 30% Quarterly Loss
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Blackstone Joins Debt Frenzy in Seeking $7 Billion for New Fund
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Religion:

NYC to Serve 500,000 Free Halal Meals to Muslims During Ramadan
(DBN)

Church donations have plunged because of the coronavirus. Some churches won't survive.
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Politics:

House Opens for Vote on Virus Bill Amid Health Precautions
(DBN)

Trump Owes Tens of Millions to Bank of China
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AP-NORC poll: Few Americans trust Trump’s info on pandemic
(DBN)

White House promotes new lab results suggesting heat and sunlight slow coronavirus Trump Suggests Injecting Coronavirus Patients With Light Or Disinfectants, Contradicting Experts Doctors are lining up to attack Trump for suggesting that injecting disinfectant might help fight the coronavirus Disinfectant maker: Don't inject yourselves with our products
(DBN)

“Really Want to Flood NY and NJ”: Internal Documents Reveal Team Trump’s Chloroquine Master Plan
(DBN)

The Koch network, avatar of the tea party, rejects shutdown protests
(DBN)

Fox Tries to Rein in Stars Over Protests
(DBN)

Biden Has 30 Percent Advantage Over Trump Among Young Voters, Poll Shows
(DBN)

Biden's strength with older voters could threaten Trump's electoral path in 2020
(DBN)

Anti-lockdown protester wields vile ‘sacrifice the weak’ poster at ReOpen Tennessee rally
(DBN)

Layoffs wreck the states that lifted Trump to the White House
(DBN)

Hard times in America renew the call for mandatory national service
(DBN)

House Republicans anger Democrats by refusing to wear protective masks
(DBN)

Study: Elderly Trump voters dying of coronavirus could cost him in November
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Misunderstanding the math, Trump embraced a coronavirus death toll we’ll soon surpass
(DBN)

Democrats press General Services Administration over Trump hotel payments
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How Trump backed into the coronavirus success he talks about most often
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Lawyers for ousted U.S. health official say he will file whistleblower complaint
(DBN)

The Wisconsin GOP's treasurer asked people attending an anti-lockdown rally to 'please leave Confederate flags' and guns at home to 'try to control the optics'
(DBN)

Elizabeth Warren's oldest brother dies from the novel coronavirus
(DBN)

U.S. House creates panel to probe federal coronavirus response
(DBN)

Partisan Rancor Has Never Been So Dangerous
(DBN)

Larry Summers Advising Biden Campaign on Economic Recovery
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Family of man who criticized lockdown before getting covid-19 cancels funeral live stream amid criticism
(DBN)

Marine Corps Bans Public Display of Confederate Flag
(DBN)

North Dakota sets all-mail June primary due to virus fears
(DBN)

GOP Hates Voting By Mail. Except For Seniors. And Rural Folks. And Military. And …
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Satellites:

SpeedCast Files Bankruptcy With Cruise and Oil Customers Reeling
(DBN)

Investors face wipeout as Speedcast files for bankruptcy protection
(DBN)

Australian co. brings hundreds of millions in debt to Houston bankruptcy court
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Sports:

NFL Draft Becomes Lifeline for Sports Betting and Broadcasters
(DBN)

MLB Should Do Right By Its Fans And Give Refunds For Purchased Tickets
(DBN)

Fox Sports asks top-paid talent to take pay cuts during pandemic
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Economy:

US weekly jobless claims hit 4.4 million, bringing the 5-week total to more than 26 million Weekly Initial Unemployment Claims decrease to 4,427,000 Here's what 5 economists are saying about unemployment after 26 million Americans filed jobless claims in just 5 weeks U.S. unemployment waves keep hitting with millions more claims More American Workers Have Filed for Unemployment than Live in The 10 Largest Cities in The U.S. Virus pushes US unemployment toward highest since Depression Almost 20% Of Americans Are Unemployed
(DBN)

Flu-conomics: The next pandemic could trigger global recession
(DBN)

American billionaires have gotten $280 billion richer since the start of the COVID-19 pandemic
(DBN)

Fed to name participants in taxpayer-backed emergency loan programs
(DBN)

Most foresee a country forever changed after coronavirus - CBS News poll
(DBN)

'Ferocity not previously seen in recent history': US economic output plunged the most since 2009 in April as the coronavirus lockdown spread
(DBN)

The Coronavirus Economy Will Bring Inflation
(DBN)

U.S. Suffers Record Drop in Business Activity, IHS Markit Says
(DBN)

This postcrash recovery isn’t at all like 2009 and 1987. Why that’s a worry for investors.
(DBN)

These 14 charts from Goldman Sachs show how much damage the coronavirus has inflicted on the global economy
(DBN)

'Capitalism as we know it will likely be changed forever,' says billionaire investor Leon Cooperman
(DBN)

Debt, wealth destruction and lower pay will be coronavirus’ legacy
(DBN)

More than 80 million Americans received stimulus checks last week. But top Democratic economists say the government should be doing even more to fight coronavirus.
(DBN)

The economic fallout from the coronavirus pandemic is bigger than any stimulus now in the works
(DBN)

Credit Cards Start Offering Lower Limits Amid U.S. Outbreak
(DBN)

Millions of Americans are still waiting for their first unemployment check
(DBN)

Elizabeth Warren And Sherrod Brown Unveil Sweeping 6-Prong Consumer Protection Proposal
(DBN)

Somber Congress delivers nearly $500B more in virus aid
(DBN)

Congress Braced for a Bruising Fight Over Next Virus Relief Bill House Passes $484 Billion Relief Package, But Lawmakers Are Already Arguing About What’s Next McConnell, GOP Lawmakers, Worried About Price Tag, Pump The Brakes On A Fourth Stimulus Bill GOP Debt Hypocrisy
(DBN)

Americans’ Pessimism About Economy’s Prospects Hits 11-Year High
(DBN)

A ban on mergers during the coronavirus pandemic should be added to the next relief package, says House antitrust chairman
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“I did not sign up for the military. I signed up for Walmart.”
(DBN)

More than 5,000 U.S. meat, food-processing workers exposed to coronavirus: union
(DBN)

DC, Maryland, Virginia Leaders Ask U.S. to Keep Workers at Home These States Are Reopening Amid Coronavirus Pandemic Oklahoma plans to start reopening economy on Friday, even with low testing and recent COVID-19 spike TX to reopen businesses county by county Governors blindside front-line staff with abrupt reopening plans D.C. mayor forms advisory group on reopening, as cases keep climbing Anderson Cooper stunned by Las Vegas mayor in CNN interview The 20 most bizarre lines from Anderson Cooper's absolutely wild interview with the mayor of Las Vegas What happens if we open too early? Let's look at 1918... How soon can businesses reopen during pandemic? A Texas suburb takes the plunge Photos show how Texas's stay-home orders have emptied out Austin, a city known for its eclectic music scene, nightlife, and outdoor recreation CT could start to reopen 'sometime in June' 'Health comes before politics': Georgia residents told us how they feel about orders to reopen the state this week States rushing to reopen are probably making a deadly error, experts warn A Trump economic advisor jokingly suggested putting people in 'space outfits' to reopen the economy A staggered, 4-part plan to reopen the US could start in May. Only 20% of the workforce would be back in offices by August Illinois governor to extend stay-at-home order In an era of political polarization, Americans are united behind coronavirus stay-at-home orders, polling shows Black Americans are disproportionately losing their jobs but overwhelmingly support social distancing policies, according to a new poll Kansas governor: "Way too early to call" whether schools will be open in fall Why Many Georgia Businesses Are Staying Closed Trump approved of Georgia’s plan to reopen before bashing it Georgia restaurants get the okay to reopen, but for many it's just too soon “I’m being forced to choose between my health and my job”: Georgia’s controversial reopening plan, explained Trump's plan to reopen national parks sparks worry about coronavirus spread Trump sows confusion about how to reopen the country White House shifts from raising alarms to reopening country It’s actually very reasonable for Florida to open its beaches
(DBN)

How 'Broad, Ubiquitous Testing' Can Help Restart the U.S. Economy Fauci 'Not Overly Confident' in Testing Capacity
(DBN)

Trump FactCheck: “Hundreds and hundreds of labs are ready, willing, and able.”
(DBN)

France bans firms registered in offshore tax havens from its government coronavirus bailout, following similar moves in Denmark and Poland
(DBN)

Ray Dalio: Coronavirus Is Just The Thing Humanity Needed To Build A Bright And Exciting Future
(DBN)

Yale Joins Harvard in Saying It Won’t Accept Stimulus Money Sushi Chain Returning $6 Million Small-Business Loan to U.S. Trendy salad chain Sweetgreen returns $10 million loan meant to help small businesses survive the coronavirus pandemic At least 32 companies with CEOs making over $1 million reportedly received small business funds The stimulus money was supposed to help small businesses. But big banks reportedly let their wealthiest clients get money first Gov't puts pressure on public companies to return loans New SBA guidelines say big companies that got coronavirus loans should return the money US Bars Larger Firms From SBA Loans After Uproar A luxury hotel company that owns multiple Ritz-Carltons received millions in small-business aid thanks to a loophole in the coronavirus bailout program Publicly traded companies have 2 weeks to give back loans intended for small businesses or face 'severe consequences,' Treasury Department says
(DBN)

Trump Donor Hired Trump-Tied Lobbyists, Then Raked in Coronavirus Relief Cash
(DBN)

How to improve the Paycheck Protection Program
(DBN)

What the new stimulus money means for small business loan programs
(DBN)

Small Businesses Fear Fresh Loan Funding Won’t Be Nearly Enough
(DBN)

Face it, no one in Washington wants to fix the small business loan program
(DBN)

U.S. Says Firms Must Assess Need Before Seeking Virus Relief
(DBN)

World Bank Sees Lasting Commodities Shock From Coronavirus
(DBN)

Pandemic Is Giving New Life to Some Marginal Ideas
(DBN)

Job Stagnation Is Toxic, Too. Just Ask Millennials.
(DBN)

The wealthiest of Silicon Valley have become super doomsday preppers by buying remote New Zealand properties, getting eye surgeries, and stockpiling ammo and food
(DBN)

America's billionaires have become even richer since Donald Trump became president, and it says a lot about the country's record-high wealth gap
(DBN)

Three Hours Longer, the Pandemic Workday Has Obliterated Work-Life Balance
(DBN)

Hitting The Reset Button To Avoid A New Great Depression
(DBN)

11 Things That May Soon Disappear Forever (The Pandemic Edition)
(DBN)

Coronavirus shakes the conceit of ‘American exceptionalism’
(DBN)

US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

U.S. New-Home Sales Decline by Most Since July 2013
(DBN)

CARES: Some renters eligible for eviction protections
(DBN)

Larry Fink Sees More Remote Work Hampering Commercial Real Estate
(DBN)

Hotel Developer Picks Up Bankrupt Chinatown Mixed-Use Building for $29M
(DBN)

Mortgage rates show little change as the federal government addresses the industry's liquidity concerns
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Municipalities:

Washington governor calls Mitch McConnell's suggestion that states file for bankruptcy 'nuts' "One of the really dumb ideas of all time": Cuomo blasts McConnell for suggesting states declare bankruptcy New York's Cuomo to McConnell on state bankruptcy: Watch the market tank McConnell takes flak after suggesting bankruptcy for states rather than bailouts Hogan pans McConnell support for states to declare bankruptcy: 'I think he will regret it' Mitch McConnell’s Crazy Idea: Let States Declare Bankruptcy Cuomo lays into 'self-proclaimed grim reaper' McConnell over states going bankrupt Whitmer: 'Incredibly irresponsible' for McConnell to let states declare bankruptcy 'The Marie Antoinette of the Senate': GOP Rep. King slams McConnell for suggesting states go bankrupt Schumer predicts McConnell will walk back 'out of mainstream' remarks on state bankruptcy U.S. State Bankruptcy: Mitch McConnell’s Political Bond Math States Should Not Receive Bankruptcy Protection Nikki Haley endorses letting state governments go bankrupt — and it immediately blows up in her face Fox's Steve Doocy suggests letting states go bankrupt to cut pensions and balance budgets Steve Scalise on states facing bankruptcy: Let's make sure CARES Act money is 'spent properly' Gary Cohn Challenges McConnell, Saying States Deserve Federal Aid McConnell takes bipartisan flak after suggesting bankruptcy for states rather than bailouts Could Sen. Mitch McConnell’s bankruptcy idea actually save Illinois and Chicago taxpayers? McConnell suggests states declare bankruptcy during pandemic. Is that even possible?
(DBN)

New Jersey decries limitations on federal aid to states as national anger over budget woes grows
(DBN)

Schumer on more state aid: 'I believe we will get it'
(DBN)

Kiss Your State Pension Goodbye
(DBN)

The 18 US cities that could be hardest hit by the oil crash
(DBN)

Murphy: Federal assurances on use of rescue funds 'apparently were empty'
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Oil/Gas:

U.S. oil futures attempt to post third straight gain but are staring down 30% weekly tumble
(DBN)

The Coronavirus Oil Shock Is Just Getting Started
(DBN)

Trump Developing Plans to Aid Oil Despite Democrats’ Opposition
(DBN)

Oil bounces after Trump uses the 'oldest Middle East oil trick in the book' to kick-start prices
(DBN)

The Oil Industry’s Glut Has a Bright Spot: Tanker Storage
(DBN)

U.S. lawmakers urge Fed to keep energy industry out of lending program
(DBN)

Anguish Grows in Russia Oil Industry Overwhelmed By Price Crash
(DBN)

JPMorgan reveals 3 reasons the oil crash won't create systemic risk for markets
(DBN)

Pemex’s Trading Arm Declares Force Majeure on U.S. Gasoline Imports
(DBN)

Latin American oil-producing nations brace for record investor outflows on crude plunge
(DBN)

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Food/Beverage:

One Hundred USDA Meat Inspectors Have Contracted Covid-19
(DBN)

Teamster Members Vote To Approve Agreements That Facilitate Purchase Of Bankrupt Dean Foods
(DBN)

Tyson to shutter beef facility as workers undergo coronavirus testing
(DBN)

Language barriers helped turn Smithfield Foods meat plant into COVID-19 hotspot
(DBN)

Hershey's gum and mint sales have plunged 50%, because people apparently don't care if they've got bad breath when they're stuck at home
(DBN)

Publix is buying milk and produce that farmers would've been forced to dump and donating it to food banks
(DBN)

‘Over All a Bit of Numbness Right Now’: One Cafe’s Fight for Virus Relief
(DBN)

Coronavirus in NY: Many Would Go Hungry Without These Drivers
(DBN)

The Craft Distilling Industry May Be Felled by Social Distancing
(DBN)

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Retailing:

Gap Seeks $2 Billion From Junk Bond Sale to Shore up Liquidity Gap Faces Dire Cash Shortage, Stops Paying Rent Amid Coronavirus Gap Inc. Has Stopped Paying Rent And Will Likely Need To Find More Money Within The Next 12 Months To Stay Operational
(DBN)

J.C. Penney seeking around $1 billion in bankruptcy funding: report J.C. Penney Reportedly in Advanced Talks for Bankruptcy Funding J.C. Penney Could File For Bankruptcy In Coming Weeks
(DBN)

The rise and fall of Victoria's Secret, America's biggest lingerie retailer
(DBN)

Sycamore seeks court’s approval to pull out of its Victoria’s Secret take over deal
(DBN)

Target on pace for most growth since 2000 in online surge
(DBN)

COVID-19 Accelerates Change Already Afoot In Retail
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Gambling:

TV anchors question Vegas mayor after she says casinos should reopen and 'we'll find out the facts afterward'
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Fraud:

Philly Lawyer Drops Delaware Ponzi Suit Against Ex-Best Friend
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Agribusiness:

The government's new plan: Get farmers' extra food to needy families. It's harder than it sounds.
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Movies:

L.A. Went From 1,091 Film Shoots in February to Zero in March
(DBN)

Despite Georgia’s OK, Most Movie Theaters Don’t Expect To Reopen Anytime Soon
(DBN)

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Nursing Homes:

With More Than 10,000 Coronavirus Deaths, Nursing Homes Plead For More Testing
(DBN)

The crisis inside America’s nursing homes
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (26 new filings today)
(DBN)

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

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

More PPP funding not expected to stave off the bankruptcy wave
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15 Companies Facing Bankruptcy in the Coronavirus Pandemic
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Plan Confirmation:

Election Time: Bankruptcy Code 1111(B) in the Post-COVID World
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Credit Bidding:

Credit Bidding Part II: Important Mechanics
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Autos:

Automakers are preparing to restart production in early May
(DBN)

Despite risks, auto workers step up to make medical gear
(DBN)

Toyota to gradually resume North America production starting May 4
(DBN)

No Government Bailout Dooms Rental-Car Bonds
(DBN)

Hertz Taps Restructuring Advisers While Car Rentals Decline
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Aviation:

The CEO of Ryanair, one of the world's biggest airlines, says it won't fly if middle seats have to stay empty for 'idiotic' social-distancing rules
(DBN)

Southwest CEO Urges Pay Cuts With Air Travel at ‘Virtually Zero’
(DBN)

Airline passenger describes packed flight to NYC surrounded by people not wearing masks
(DBN)

Lufthansa Warns of Cash Crunch With Bailout Talks Dragging On
(DBN)

South African Airways Warns of Managed Job Losses or Liquidation
(DBN)

Indonesia Bans Air Travel Through June 1 to Limit Virus’s Spread
(DBN)

Lufthansa seeks government bailouts to stay aloft
(DBN)

Failed airline Virgin Australia owes nearly $7b to thousands of creditors Virgin Australia owes US$4.4b to creditors, to seek waiver on aircraft leases
(DBN)

What Virgin Australia’s bankruptcy filing portends
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Military:

The coronavirus pandemic could leave 'a profound economic impact' on the Pentagon
(DBN)

US Navy finishes testing every sailor on aircraft carrier hit by coronavirus, with over 800 testing positive
(DBN)

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Education:

Coronavirus sends American universities over a cliff
(DBN)

Universities face looming financial crisis
(DBN)

Coronavirus poses serious financial risks to US universities
(DBN)

How the coronavirus pandemic will affect an entire generation of students
(DBN)

Columbia, Pace Universities Sued by Students Over Virus Refunds
(DBN)

Colleges Are So Desperate for Fall Enrollment, They're Offering Unprecedented Perks
(DBN)

College students want answers about fall, but schools may not have them for months
(DBN)

More than a million college students will be shut out of emergency grant program
(DBN)

Coronavirus is changing some high school seniors’ college plans
(DBN)

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Sovereigns:

African Union May Ask Wealthy Nations for Commercial-Debt Relief
(DBN)

$1 Trillion Debt Pardon Needed for Developing Economies, UN Says
(DBN)

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UK:

Britain's government will nullify commercial landlords' legal attempt to evict tenants Retail landlords banned from aggressive rent collection
(DBN)

UK to expand coronavirus testing to cover all key workers
(DBN)

UK government set to avoid forcing people to wear cloth masks in public
(DBN)

U.K. retail sales fall by largest percentage on record in March
(DBN)

Life after Lockdown – what might this entail for UK businesses?
(DBN)

Boris Johnson Faces Pressure to Set Out Path to Lifting Virus Lockdown
(DBN)

U.K. Daily Coronavirus Deaths Drop to 616, Lower for Second Day
(DBN)

Sturgeon Warns Scots May Face Virus Restrictions Into Next Year
(DBN)

U.K. Coronavirus Prisoner Release Plan Stalls Amid Red Tape, Blunders
(DBN)

UK business lobby wants easier terms for government-backed loans
(DBN)

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EU:

Merkel Said to Tell EU Leaders Virus Response Must Be Huge Merkel backs huge stimulus plan after Lagarde warns of 15% slump
(DBN)

A set of closely watched business surveys gave a terrifying glimpse into the scale of Europe's looming coronavirus recession
(DBN)

Nursing homes linked to up to half of coronavirus deaths in Europe, WHO says
(DBN)

Coronavirus ‘passed its peak’ in 20 countries, says EU health agency
(DBN)

EU Hit Hard Too, but Jobs Didn't Disappear
(DBN)

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PIIGS:

Italy’s Daily Virus Recoveries Surpass New Cases for First Time
(DBN)

Portugal shares a border with Spain but its death toll is 30 times lower. Here's how the country curbed the spread of the coronavirus.
(DBN)

Italy and France See Slower Virus Spread With Reopening in View
(DBN)

Italian Banks Really May Be Essentially Immune To COVID-19
(DBN)

ie: Call for 'virtual' creditor meetings amid Covid-19
(DBN)

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Canada:

The landlord, the trustee in bankruptcy and the deposit: Who is entitled to the deposit when a tenant files for bankruptcy?
(DBN)

Canada’s AAA on the Line as Oil Crash Hits Debt-Loaded Provinces
(DBN)

Canada Boosts Coronavirus Vaccine Research, Saskatchewan Plans Gradual Reopening
(DBN)

'We Are Failing Our Grandparents' Canada's Trudeau Says as COVID-19 Hammers Nursing Homes
(DBN)

Creditor protection buys Dominion Diamond time, but an uncertain future lies ahead
(DBN)

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Germany:

Merkel warns Germany is on the 'thinnest ice' as Europe realizes social distancing is here to stay
(DBN)

Germany's taxi drivers face 'catastrophic' situation
(DBN)

Germany is leaving lockdown too soon, Merkel warns before EU coronavirus summit
(DBN)

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Turkey:

Turkey’s Total Coronavirus Cases Top 100,000; Death Toll 2,491
(DBN)

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Mexico:

Mexican Firms Defying Lockdown to Be Treated With Kid Gloves
(DBN)

Pandemic hits Mexico's economy in its weakest spots
(DBN)

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Czech Republic:

Czech government lifts ban on travel abroad, health minister says
(DBN)

____________

Brazil:

Malls Reopen as Quarantine Rules Ease in Some Brazil States
(DBN)

Brazilian city of Manaus fighting 'horror movie' pandemic conditions
(DBN)

____________

France:

France Plans to Lift Lockdown on Case-by-Case Basis, Elysee Says
(DBN)

France Reports 516 Coronavirus Deaths, Lowest Toll in Four Days
(DBN)

French Central Banker Says Lockdown May Threaten Corporate Solvency
(DBN)

On the margins of Paris, the food bank queues grow longer
(DBN)

____________

Switzerland:

Swiss Economy Is on Course for Biggest Contraction in Decades
(DBN)

Switzerland’s central bank suffers record loss in market rout
(DBN)

____________

India:

Govt to suspend insolvency provisions from IBC for up to 1 year: Report
(DBN)

____________

China:

Bill Gates says that half of Microsoft's employees in China have returned to work. Here's how it could be a model for reopening the rest of the world.
(DBN)

Why these scientists still doubt the coronavirus leaked from a Chinese lab
(DBN)

Countries criticize China for sending – and resending – faulty COVID-19 test kits, supplies
(DBN)

Leading Republicans want to send China the bill for coronavirus pandemic's costs
(DBN)

U.S., Australia call for global investigation of response
(DBN)

____________

Ecuador:

Ecuador’s Death Toll During Outbreak Is Among the Worst in the World
(DBN)

____________

MENA:

Dubai opens restaurants and cafes, resumes public transportation
(DBN)

Sculptor, Farallon Among Hedge Funds Readying for NMC Debt Talks
(DBN)

____________

South Africa:

South Africa to Ease Virus Lockdown in Bid to Revive Economy
(DBN)

____________

Africa:

Warnings of worsening hunger, malaria emerge as coronavirus cases spike 40% in Africa
(DBN)

____________

Argentina:

IMF holding productive talks with Argentina; expects an accord with private creditors can be reached Argentina wrestles with creditors over repayments as default looms
(DBN)

____________

Sweden:

Architect of Sweden's controversially lax coronavirus response says he thinks it's working
(DBN)

____________

Australia:

Vanquish the Virus? Australia and New Zealand Aim to Show the Way
(DBN)

____________


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