June 19, 2020

The Daily Bankruptcy News

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Law:

Bankruptcy Moves Stay Hot with Dallas, New York Hires
(DBN)

Post-Pandemic Drop In New Cases Sees Upturn, But Billing Volumes Fall, New Clio Data Shows
(DBN)

Law clerk speaks up after judge’s courtwide email sparks debate over removing Confederate symbols
(DBN)

The Biglaw Firm Just Outside The Am Law 100
(DBN)

Boies Schiller Loses 4-Partner Trial Team to King & Spalding
(DBN)

Mintz’s Frank Earley Leaves Work at the Door
(DBN)

Ex-London Managing Partner of Baker McKenzie fined for attempting to kiss junior lawyer
(DBN)

Biglaw Associate Arrested For Breaking Curfew After Protest Has His Firm’s Support For Now
(DBN)

New Lawsuit Accuses DLA Piper Of ‘Strident Double-Dealing’
(DBN)

Law School Graduates Push For Diploma Privilege As A Matter Of Racial Justice
(DBN)

The COVID Law Firm Reopening Tracker: How Is Your Firm Going Back To Work? Are You Ready To Go Back To Your Biglaw Office?
(DBN)

Going to the gym, salon or a political rally? Be warned: You may be asked to sign a coronavirus liability waiver
(DBN)

The Supreme Court has upheld the Obama-era program protecting 700,000 'Dreamers' from deportation in a major blow to Trump Supreme Court Stops ‘Capricious’ Trump Effort to End DACA Supreme Court Rules Trump Administration Violated the Law When Trying to End DACA Supreme Court rules Trump administration illegally ended DACA Court rejects Trump bid to end young immigrants' protections Lawyers Say Supreme Court's DACA Decision Shows, Once Again, That Trump Admin Is 'Really Bad' at Administrative Law Chief Justice Roberts Repeatedly Schooled Kavanaugh on Administrative Law in DACA Opinion The Supreme Court saved DACA because of a paperwork error by the Trump administration DACA Opinion Confirms Supreme Court’s Cowardly Refusal To Acknowledge Donald Trump
(DBN)

Judge Royce Lamberth Sets Hearing on Trump's Bid to Block Bolton Memoir John Bolton book release court hearing set for Friday Now That Everyone In DC Has Read It, DOJ Demands Injunction For Bolton’s Book Ukraine Whistleblower's Lawyer Says John Bolton Is in 'Real Legal Jeopardy' Bolton Fires Back at Trump Effort to Block Memoir’s Publication Trump and Bolton sling barbs as White House wages fight to block book Bolton, Trump Administration Set for Court Battle Over Book The Folly of Trump's Bolton Lawsuit
(DBN)

Cop Devin Brosnan surrenders to police for Rayshard Brooks charges
(DBN)

I scrapped my N.J. city's whole police force. It worked.
(DBN)

Two More Suspects Charged for Burning Down Third Precinct Days After George Floyd's Death in Minneapolis
(DBN)

Americans want justice for George Floyd, and Keith Ellison is in charge of getting it
(DBN)

Police 'reform' doesn't work. Baltimore proves it.
(DBN)

NYPD cops encouraged to ‘strike’ on July 4 to give city its ‘independence’
(DBN)

ABA commemorates Juneteenth with program exploring racial inequities
(DBN)

The End of Policing left me convinced we still need policing
(DBN)

Philadelphia City Council approves preliminary budget that would slash police funding by $33M
(DBN)

One reason for police violence? Too many men with badges.
(DBN)

White man saved by Black Lives Matter protester in London is former police officer
(DBN)

‘You Do Not Deserve to Be Here’: Florida Man ID'd as DHS Employee Accosts Black Teen and Friends in Gated Community
(DBN)

FBI Arrests Man Accused of Posting ‘N*****s Lives Matter’ Video Threatening BLM Protesters
(DBN)

19-year-old is accused of burning NYPD van during violence that followed George Floyd protests
(DBN)

Mentally Ill Man Faced More Than Two Decades in Prison Until Body Cam Footage Showed Police Beating Him Up
(DBN)

“I am absolutely sitting here offended”: Cedric Richmond calls out Republicans for distracting from police reform
(DBN)

Virginia county treasurer faces calls to resign over Facebook post on Aunt Jemima
(DBN)

'It's All on Video!': Attorney for Cop Charged in Rayshard Brooks Shooting Says DA’s Account Is ‘Not True’
(DBN)

Five myths about Juneteenth Here’s a running list of all the companies observing Juneteenth this year Cornyn Wants Juneteenth a Federal Holiday Trump: I Made Juneteenth Very Famous
(DBN)

Supreme Court Decision Calls HHS’ Reversal Of LGBTQ Protections Into Question
(DBN)

All 21 members of group arrested over Hawaii quarantine return to Los Angeles
(DBN)

Town shuts off gym’s water, power for defying coronavirus rules in Massachusetts
(DBN)

Bonkers Law Firm Website: Grandish Designs
(DBN)

Aussie selfie-stick lawyer named in cannabis farm shocka
(DBN)

Lawyer who ‘actively avoided’ payment of malpractice settlement gets suspension
(DBN)

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Judges:

Delaware Bankruptcy Court Announces Resumption of Limited On-Site Hearings Beginning June 17; Video/Telephonic Hearings Likely to Continue Throughout the Summer
(DBN)

Sotomayor Scolds Fellow Liberals in DACA Dissent: Trump Targeted ‘Racial Group’ He ‘Branded as Less Desirable’
(DBN)

Obama Reacts to Supreme Court DACA Decision as Trump Rages About the Court’s Personal Dislike for Him
(DBN)

Roberts sparks backlash from conservative senators with DACA ruling
(DBN)

Here's What the Supreme Court's DACA Decision Tells Us About Chief Justice John Roberts
(DBN)

Gorsuch's Supreme Court opinion for LGBTQ rights sends a shudder through conservative ranks
(DBN)

‘Shotgun blasts into the face’: Trump fumes over Supreme Court losses
(DBN)

Republican President Believes Majority Conservative Supreme Court Doesn’t Like Him
(DBN)

Trump’s Corner-Cutting Fails Him as Supreme Court Losses Mount
(DBN)

Rulings weaken idea of a court made in president's image
(DBN)

Senate confirms Trump's pick to the D.C. Circuit Senate confirms D.C. circuit court nominee as Trump continues to reshape judiciary Senate Confirms Brett Kavanaugh's Former Law Clerk to Appellate Court Currently Considering Michael Flynn Case
(DBN)

State supreme court judges are starting to grapple publicly with the racial injustices in the criminal justice systems they oversee
(DBN)

A Philly court supervisor was fired after video showed him tearing down signs and saying he doesn’t care about black lives
(DBN)

Trump Calls for New SCOTUS Justices
(DBN)

______________

Wall Street:

Dow futures rise 300 points as Wall Street heads for a winning week
(DBN)

Dow slumps as coronavirus cases grow; S&P ends higher
(DBN)

Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’
(DBN)

Rookie trader kills himself after seeing a negative balance of more than $700,000 in his Robinhood account
(DBN)

‘La la land?’ The stock market is ‘insanely disconnected’ and due for a ‘reckoning,’ Warren Buffett buff warns
(DBN)

______________

Climate:

Scientists Predict Scorching Temperatures to Last Through Summer
(DBN)

____________

Aviation:

German Mogul Builds War Chest Ahead of Lufthansa Aid Vote
(DBN)

The New Rules of Travel for Road Warriors
(DBN)

New Yorker booted off flight to Trump rally for not wearing face mask Man says he was kicked off flight for not wearing mask; reporter nearby says there's more to it American Airlines Bans Passenger in Showdown Over Face Masks
(DBN)

South Africa unions reject SAA rescue plan over job cuts
(DBN)

Financial Accommodations for Airport Tenants in Response to COVID-19
(DBN)

Private jet flights surge on health fears, lower prices
(DBN)

____________

Food/Beverage:

Why American farmers are throwing out tons of milk
(DBN)

Chuck E. Cheese Debt Talks Accelerate With Kids at Home
(DBN)

____________

Ballet:

No ‘Nutcracker’ This Year, New York City Ballet Says
(DBN)

____________

Retailing:

'No online, no problem': Fast-fashion giant Primark will survive in a post-COVID world without an online platform, UBS analysts say
(DBN)

Hopes of a retail rebound are surging, but a closer look at sales data suggests a long road to recovery
(DBN)

Boston menswear retailer Blank Label files for bankruptcy
(DBN)

US retail recovery delivers $28bn blow to short sellers
(DBN)

____________

Sports:

NFL season may be canceled this year as coronavirus cases spike Dr. Anthony Fauci says "football may not happen this year"
(DBN)

Inside the NBA’s plan to use smart technology and big data to keep players safe from coronavirus
(DBN)

Florida, home to sports this summer, sees coronavirus cases spike
(DBN)

With 70-game proposal, players' union closes gap with MLB, but deal for season remains elusive
(DBN)

MLB owners and players are so busy yelling, they can't hear their fans' frustration
(DBN)

____________

Utilities:

PG&E fined $4 million in deaths of 84 people in 2018 fire
(DBN)

____________

Books:

David Graeber’s Debt, The First 5000 Years
(DBN)

____________

Satellites:

Airbus objects to OneWeb’s JV bankruptcy sale
(DBN)

____________


Economy:

IMF Expects Bigger US Economic Contraction
(DBN)

US jobless claims hit 1.5 million; 46 million over 13 weeks Weekly Initial Unemployment Claims decrease to 1,508,000 Comments on Weekly Unemployment Claims NYC Unemployment Reached 18.3% in May, Up From 4.1% Year Earlier Pace of layoffs slower but persistent US Jobless Claims Worse Than Expected
(DBN)

75% of Americans don’t want expanded unemployment benefits to be cut
(DBN)

New stimulus package could include $4,000 vacation credit
(DBN)

New $600 billion rescue program off to rocky start
(DBN)

TX: Hundreds of Thousands Await Checks
(DBN)

What It Takes to Reopen a Small Business Right Now
(DBN)

Barbershops Across America Lead the Reopening Effort
(DBN)

U.S. Supply-Demand Mismatch Risks Shortages and Higher Prices
(DBN)

We’re Seeing Wage Deflation, White-Collar Layoffs And Pay Cuts
(DBN)

We are now 100 days into the pandemic: A by-the-numbers look at COVID-19’s toll on American lives and livelihoods
(DBN)

The economic rebound has been impressive, but we’re still deep in the hole
(DBN)

The World is Worried America is Broken
(DBN)

Conservatives: Feds Close to Spending More Than on Revolutionary, Civil War, WWI, II Combined
(DBN)

Philly Fed Manufacturing firms reported "signs of improvement" in June
(DBN)

The wishful thinking driving capitalism
(DBN)

The amorality of finance is at the core of America's biggest issues
(DBN)

Trump says 'we won't be closing down the country again' as coronavirus cases increase in at least 14 states
(DBN)

A new paper finds stimulus checks, small business aid, and “reopening” can’t rescue the economy
(DBN)

A survey finds more than two-thirds of companies may be working from home forever
(DBN)

A $3 trillion roadmap to a green pandemic recovery
(DBN)

White House divisions sow confusion about strategy on stimulus next steps
(DBN)

CFPB complaints spiked by 31% in first months of 2020 as Americans sought coronavirus relief
(DBN)

The flight to the suburbs is real and growing, as coronavirus changes the way people live
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Lawler: Early Read on Existing Home Sales in May
(DBN)

Once booming San Francisco apartment market goes in reverse
(DBN)

US mortgage players nervously eye post-Covid market
(DBN)

Gyms, Theaters, Restaurants Among Retail Tenants Most in Need of Rent Relief
(DBN)

Coronavirus mortgage bailout shrinks further, but bank-held loans are faring worse
(DBN)

Starwood misses payments on $549M mall debt
(DBN)

A bloodbath awaits commercial property investors
(DBN)

How Will Hudson Yards Survive the Pandemic?
(DBN)

____________

Municipalities:

Is Another Exodus Ahead for U.S. Cities?
(DBN)

Puerto Rico Gov Unveils Budget Critics Say Is Unrealistic
(DBN)

____________

Oil/Gas:

Chesapeake Energy, once a high-flying company, heads for a fall Chesapeake Energy skips interest payment; borrowing base slashed
(DBN)

Chisholm Oil And Gas Files In BK DE - First Day Dec
(DBN)

COVID could kneecap debt-heavy drillers into bankruptcy
(DBN)

US Oil Dominance is Coming to an End
(DBN)

The Oil And Gas Situation: The E&P Sector Faces A Reckoning
(DBN)

U.S. Rig Count Finds Bottom, Rebound For Oil Services Sector Starts Now
(DBN)

85,000 Oilfield Services Jobs Lost in US
(DBN)

Oil and gas companies walk a precarious path as they navigate a downturn
(DBN)

JP Morgan Calls for $190 a Barrel Oil
(DBN)

____________

Politics:

Poll: 63% of Republicans say country is heading in the wrong direction
(DBN)

Months before election, Trump finds himself at odds with most Americans' views
(DBN)

Fox News poll: Biden's lead widens to 12 points over Trump
(DBN)

The 'blue wall' is reforming in the Rust Belt
(DBN)

Does Trump Want to Fight for a Second Term? His Aides Worry.
(DBN)

Reporter Asks Trump Why He Keeps Hiring People He Later Claims Are 'Wackos and Liars'
(DBN)

Bolton's book bolsters pattern of foreign political appeals by Trump
(DBN)

There are No Heroes in Bolton v. Trump Story
(DBN)

The Lincoln Project has already dropped John Bolton's bombshells into an anti-Trump ad on China
(DBN)

Bolton book exposes rare fissures between Trump and Pompeo
(DBN)

Bolton unloads about Trump's relationship with Putin
(DBN)

Trump whacked from within by John Bolton
(DBN)

Trump defended Saudi leader after Khashoggi's murder to distract from Ivanka’s email scandal: Bolton
(DBN)

Pelosi Says Bolton Book Shows Trump ‘Ethically Unfit’ for Office
(DBN)

John Bolton Shivs Nikki Haley Too
(DBN)

DOJ asks for emergency hearing to stop Bolton's book
(DBN)

We can all stop pretending Trump is tough on China now Trump's China-bashing strategy falls apart
(DBN)

Top Pentagon official Wheelbarger resigns as critics accuse Trump of seeking 'loyalists'
(DBN)

Report: State Dept official quits over Trump race response
(DBN)

Trump asks Tulsa rally-goers to sign coronavirus waiver Tulsa Arena Asks Trump Campaign for Written Virus Safety Plan Trump Shrugs Off Backlash, Virus Fears Ahead of Mass Tulsa Rally
(DBN)

Trump donor's book used racist language
(DBN)

Private Equity Donors Favor Biden Over Trump on Bet to End Chaos
(DBN)

Trump warns that under Democrats 'whole country will be Minneapolis'
(DBN)

Virginia judge extends indefinitely an order barring removal of Lee statue
(DBN)

States that Trump won easily in 2016 are looking tight for him in November
(DBN)

Trump mounts campaign for more debates against Biden
(DBN)

Trump campaign runs ads with marking once used by Nazis to designate political prisoners
(DBN)

Biden campaign announces $15 million ad blitz in six battleground states
(DBN)

University of Oxford's Oriel College recommends removal of Cecil Rhodes statue amid protests
(DBN)

GOP senator blocks bill to remove Confederate statues from Capitol
(DBN)

Pelosi Orders Removal of Confederate Portraits
(DBN)

NYC Council Seeks to Oust Thomas Jefferson Statue From City Hall
(DBN)

____________

Tech:

Facebook takes down another Trump campaign ad, this time for Nazi imagery
(DBN)

Twitter labels Trump video tweet as manipulated media, continuing its crackdown on misinformation
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Declined 43.4% Year-over-year
(DBN)

____________

Religion:

In first land sale since bankruptcy, archdiocese eyes auction of old St. Elizabeth campus in Kenner
(DBN)

____________

Autos:

Inside Bankrupt Hertz’s Wild, Unprecedented Week on the Stock Exchange
(DBN)

Hertz seeks bankruptcy loan after suspending stock sale - WSJ Hertz scrambles to secure $1bn bankruptcy loan
(DBN)

These Are the Cities Where Used Car Prices Have Dropped the Most
(DBN)

____________

Mass Torts:

Trane Technologies Units Go Bankrupt to Handle Asbestos Claims
(DBN)

____________

Movie Theaters:

AMC Theatres Reopening July 15, Our Conversation With Circuit Boss Adam Aron
(DBN)

AMC Slams News Reports About Financial Trouble as ‘Plain Wrong’
(DBN)

____________

Student Debt:

70% of Private Student Loan Borrowers Successful in Asking for Lender Relief
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

Bankruptcy Statistics:

A tidal wave of bankruptcies is coming
(DBN)

______________

Cross-Border:

Implementing Strategies for the Model Law on Cross-Border Insolvency: The Divergence in Asia-Pacific and Lessons for UNCITRAL
(DBN)

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Force Majeure:

Force Majeure and Impossibility in the Era of COVID-19, New Court Decisions and an Emerging Bankruptcy Trend
(DBN)

Bankruptcy Court Holds That Stay at Home Order Triggers Force Majeure Clause in Restaurant Lease
(DBN)

Illinois Bankruptcy Court Takes First Swing at Applying Force Majeure to Nonperformance Due to COVID-19
(DBN)

Pandemic Closure Means An Illinois Restaurant Doesn’t Have To Pay Full Rent, Court Says
(DBN)

____________

Derivative Claims:

A New Approach to Addressing Derivative Claims in LLC Bankruptcies
(DBN)

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Avoidance Actions:

Tuition as a Fraudulent Transfer
(DBN)

____________

Corporate Governance:

Corporate Governance, Bankruptcy Waivers, and Consolidation in Bankruptcy
(DBN)

____________

Receiverships:

Federal Receiverships Are Often Overlooked Yet Can Be Attractive to Creditors
(DBN)

____________

Healthcare:

Nation's cancer chief warns delays in cancer care are likely to result in thousands of extra deaths in coming years
(DBN)

When, why and how to wear a mask during this pandemic, according to the experts
(DBN)

Early Data Show No Uptick in Covid-19 Transmission From Protests What Minnesota’s Protests Are Revealing About Covid-19 Spread
(DBN)

Trump Rally Gives Scientists a New Virus Laboratory
(DBN)

California issues statewide face mask order as coronavirus cases climb California makes face masks mandatory when outside the home 'It may save your life': Facing virus surge, more U.S. states mandate masks In shift, Florida Keys now requiring face masks until June 2021
(DBN)

Customers are reportedly having tantrums over wearing masks
(DBN)

Trump says some Americans wear coronavirus masks ‘to signal disapproval of him’
(DBN)

Poll: Americans not buying White House spin on coronavirus
(DBN)

Alarm as vaccine foes, anti-mask activists target public health officials
(DBN)

Nebraska's GOP governor threatens to cut off counties with mask requirements from coronavirus relief
(DBN)

Governors Are Passing the Coronavirus Buck to Mayors
(DBN)

You May Have Antibodies After Coronavirus Infection. But Not for Long.
(DBN)

What we do know — and don’t know — about the coronavirus at day 100 of the pandemic
(DBN)

Hospitalizations double in Washington state
(DBN)

Florida has ‘all the markings’ to become next coronavirus epicenter: model
(DBN)

Oklahoma among the states with highest coronavirus case growth
(DBN)

California, Arizona, Florida and Texas all report record spikes in coronavirus cases
(DBN)

Covid Cases Are Up but Deaths Are Down
(DBN)

A Sheriff Who Defied Arizona’s Lockdown Is Infected With the Coronavirus
(DBN)

Casino regulators tighten rules as cases spike in Vegas
(DBN)

A drug made from cow blood might cure coronavirus
(DBN)

Why the US has failed in its coronavirus response, in one Trump interview
(DBN)

Trump calls coronavirus testing "overrated," says it "makes us look bad"
(DBN)

100 days of the COVID-19 pandemic: 5 critical mistakes that created the biggest public-health crisis in a generation
(DBN)

____________

Education:

Georgia becomes first state to seek suspension of standardized tests in 2020-21 due to coronavirus
(DBN)

Abbott: Texas Schools to Reopen in Fall
(DBN)

____________

UK:

Tracking the Changes to the UK Insolvency Laws: Where are We and What has Changed?
(DBN)

U.K. Government Debt Most in 57 Years
(DBN)

U.K. Retail Sales Rebound 12% in May as Lockdown Starts to Lift
(DBN)

Britain’s Newfound Love of Online Shopping Is Here to Stay
(DBN)

Depressed U.K. Consumer Confidence Picks Up in June
(DBN)

Brits Don’t Want to Go Back to Working Pre-Covid-19 Office Hours
(DBN)

U.K. Lowers Covid-19 Alert Level as Virus Transmission Reduced
(DBN)

South Asians at Higher Risk of Covid-19 Death in U.K. Hospitals
(DBN)

____________

EU:

Merkel Tells Leaders EU Facing Very, Very Difficult Times
(DBN)

Lagarde Warns EU Leaders of Market Risks if No Stimulus Deal
(DBN)

EU Plan to Spur Rebound With Giant Recovery Fund Under Scrutiny
(DBN)

____________

PIIGS:

Italy Had Coronavirus in Sewage as Early as December, Study Says
(DBN)

____________

Hong Kong:

Hong Kong's bankruptcy filings jump to 17-year high in May
(DBN)

____________

Germany:

German New Cases Rise, Infection Rate Holds Below Key Threshold
(DBN)

____________

South Africa:

Mboweni Warns of Debt Crisis Unless South African Budget Is Cut
(DBN)

____________

Brazil:

How Brazil’s uncoordinated approach to COVID-19 gave the country the second-highest death toll in the world Brazil Coronavirus Cases and Deaths: What To Know
(DBN)

____________

Denmark:

A $21 Billion Debt Program in Denmark Leaves Bankers Confused
(DBN)

____________

Singapore:

Singapore retailers are not hopeful ‘revenge shopping’ can help sales to rebound
(DBN)

____________

China:

Beijing residents rush coronavirus test clinics as emergency rules expand
(DBN)

China finds heavy coronavirus traces in seafood, meat sections of Beijing food market
(DBN)

Beijing Outbreak Tops 180 as China Says Peak Has Passed
(DBN)

____________

India:

Hanging in the Balance: Challenges to the Exercise of Creditors’ Rights in India During COVID-19
(DBN)

He Was a Debt Collector at Age 12. Now He’s Chasing $20 Billion
(DBN)

____________

Indonesia:

Virus Hit on Indonesia Worse Than Financial Crisis, Jokowi Says
(DBN)

____________

MENA:

Saudi Arabia’s Peaking Virus Cases Aren’t Slowing Its Reopening
(DBN)

____________

Japan:

Japan Upgrades Economic View as it Starts Tentative Opening
(DBN)

____________

Australia:

Australians Come Out of Lockdown And Spend Like Never Before
(DBN)

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