March 19, 2020

The Daily Bankruptcy News

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Law:

More than 50 law firms require or allow work from home because of COVID-19 concerns
(DBN)

Big Law Goes Remote: Updates on Law Firm Closures During the Coronavirus Crisis
(DBN)

A Season of Viral Disruption
(DBN)

Lawyers, Big Law Firms Confront Coronavirus Anxiety
(DBN)

Entry Level Law Firm Recruiting Up, But Uncertainty Prevails
(DBN)

BigLaw merger delayed because of COVID-19 challenges Biglaw Merger Postponed Due To ‘Unprecedented’ Coronavirus Challenges
(DBN)

Hero Law School Professor Aims To End The Boredom Of Online Classes
(DBN)

Bankruptcy lawyers' warning as coronavirus crisis mounts: Act now
(DBN)

Texas Lawyers Brace for Business Changes as Coronavirus Leads to Court Cancellations
(DBN)

Homebound by Coronavirus, Lawyer-Parents Bear Extra Burden
(DBN)

Federal Agencies Think Parents Can Follow Crazy Work-From-Home Schedules Like This One During Coronavirus Crisis
(DBN)

At Least You Can Quit Shaving Your Legs
(DBN)

'It's a Full Stop': Law Firm Mergers Slow Amid COVID-19
(DBN)

Lawsuits over coronavirus quarantines are unlikely to succeed, experts say
(DBN)

This Law School Had A Terrible Year (In The Rankings)
(DBN)

Partners Should Focus Less On Assigning Blame, More On Fixing Problems
(DBN)

Coronavirus Panic And Associated Economic Fallout Protects Against Far Deadlier Threats Already Killing Us
(DBN)

Execution halted after lawyer argues it could spread coronavirus
(DBN)

California considering martial law California governor tells the state's National Guard to prepare as coronavirus cases in the state hit 740
(DBN)

Trump Admin Delays Congressional Testimony of Officials 'Engaged in Coronavirus Response'
(DBN)

'I'm married to an Asian': Kellyanne Conway responds to criticism of a White House official reportedly calling the coronavirus the 'Kung-flu'
(DBN)

Jeffrey Epstein’s Estate Sued by Longtime Friend for Legal Fees Jeffrey Epstein’s alleged procurer Ghislaine Maxwell sues sex offender’s estate
(DBN)

Michael Cohen’s Lawyer Trashes President Trump While Asking Judge to Let Convicted Felon Go Home
(DBN)

Weinstein to Do Time in Maximum-Security Prison Near Buffalo
(DBN)

New Jersey woman allegedly told police as she breathed on them
(DBN)

Philly police delay arrests for crimes
(DBN)

ACLU Calls on Attorney General Barr to Release Prisoners in Time of Pandemic
(DBN)

Jail Safer Than Outside World, U.S. Says As Release Bids Mount
(DBN)

Alarming GAO Report: ‘Unclear’ if Government Has Accurate Records of Children Separated from Parents
(DBN)

N.J. Lawyer Suspended for Lying to Client, Fabricating Documents
(DBN)

NYPD Officer Tests Positive, More Than 2 Dozen Out Sick
(DBN)

Guard at New York’s Rikers Island Has Coronvirus, Union Says
(DBN)

Texas man arrested for lying about testing positive
(DBN)

Mom, daughter sold body parts from funeral home
(DBN)

Employer Checklist for Responding to a Positive COVID-19 Test
(DBN)

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Judges:

Bankruptcy Courts Adjust How They’ll Tend to Battered Companies
(DBN)

‘Petri Dish’ Courts Struggle With Virus, 10-Minute Trials
(DBN)

Federal Judiciary Confronts Coronavirus Spread: Judicial Conference Acts on Court Administration Matters
(DBN)

A slew of federal and state courts suspend trials or close for coronavirus threat
(DBN)

D.C. Circuit Halts Oral Arguments, Echoing Other Appeals Courts
(DBN)

Ambush shooting of judge was ‘personal,’ police chief says
(DBN)

Jonathan Turley: Biden’s Pledge to Appoint a Black Woman to the Supreme Court Is ‘Unconstitutional Discrimination’
(DBN)

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Wall Street:

Dow futures seesaw in a volatile session, pointing to a slightly lower open
(DBN)

Dow plummets more than 2,100 points, with trading halted midday as investors panic over coronavirus fallout Circuit Breakers for Stocks Triggered a Second Time in 3 Days Market volatility persists as S&P 500 sinks 5% amid coronavirus fears Dow drops 1,300 points, S&P 500 loses 5% as coronavirus market sell-off reaches new low Dow plummets more than 1,300 points to 3-year low as investors panic over coronavirus
(DBN)

Devilish Math Would Bring Market Down Another 40%
(DBN)

Goldman warns clients about a rise in hostile takeovers amid coronavirus market meltdown
(DBN)

Wall Street tempers begin to flare over coronavirus work-from-home policy
(DBN)

As Trump scrambles to address America's coronavirus outbreak, the stock market has just erased all the gains made during his presidency
(DBN)

From travel bans to disaster-recovery sites, here's everything we know about how Wall Street firms are handling the spread of coronavirus
(DBN)

A $200 Billion World of Exotic Quant Trades Joins Stock Meltdown
(DBN)

Treasury Proposes to Guarantee Money Market Funds in Stimulus Federal Reserve to shore up prime money market funds amid Wall Street rout
(DBN)

NYSE to Shut Trading Floor Monday, Moving to Electronic Trading
(DBN)

Will The U.S. Ban Short Sellers To Protect Markets?
(DBN)

Stocks will bottom before US coronavirus cases peak, Art Hogan predicts
(DBN)

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Layoffs:

Layoffs Just Starting, Forecasts Bleak
(DBN)

Coronavirus layoffs spark surge in state jobless claims
(DBN)

Danny Meyer’s Restaurant Group Lays Off 2,000 Workers
(DBN)

Coronavirus prompts thousands of furloughs at jet maker Textron
(DBN)

Virus-Driven Mass Worker Layoffs Could Soon Require Notice
(DBN)

Halliburton to furlough 3,500 workers as shale producers cut spending
(DBN)

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Politics:

Poll: Americans Don't Trust What They're Hearing From Trump On Coronavirus
(DBN)

Trump’s $1 trillion stimulus is a gamble for reelection — and a sea change for Republicans once opposed to bailouts
(DBN)

The Pandemic Is the End of Trumpism
(DBN)

Americans Sharply Divided on Virus, Survey Says
(DBN)

Trump spent weeks downplaying the coronavirus. He’s now pretending that never happened FactCheck: I've always known this is a real, this is a pandemic. I've felt it was a pandemic long before it was called a pandemic
(DBN)

Biden's wins in U.S. states that matter most set stage for duel with Trump
(DBN)

Senate to Vote on House Virus Bill While Working on Bigger Plan
(DBN)

Democratic Primary Voters Are Outraged About DNC Ignoring CDC Guidelines
(DBN)

Video shows how Fox News rapidly shifted from downplaying coronavirus to taking it seriously as cases rose across the US
(DBN)

Senate passes House coronavirus relief package with no changes
(DBN)

Trump doubles down on calling coronavirus 'Chinese virus,' saying 'It's not racist at all.'
(DBN)

This virus should be forever linked to the regime that facilitated its spread
(DBN)

Scientists: Coronavirus NOT a bioweapon
(DBN)

Could Trump delay the November election? Not without risking forfeit to a Democrat
(DBN)

Bloomberg staffers were promised a job until election day, no matter if he became the nominee. Now they're days away from losing their health insurance during a pandemic.
(DBN)

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Healthcare:

Fairmont hospital closing in 'days,' owner says in letter
(DBN)

Merck CEO calls on Americans to take precautions to avoid outbreak like Italy’s
(DBN)

Coronavirus will infect half the global population, EIU predicts
(DBN)

Younger Adults Comprise Big Portion of Coronavirus Hospitalizations in U.S.
(DBN)

Can the coronavirus spread through the mail?
(DBN)

America's fractured policies on paid sick leave are changing amid coronavirus. Here's how the potential new laws could affect you.
(DBN)

Will people lose faith when they find out they are expected to get the virus anyway?
(DBN)

Millennials may be at a higher risk for catching coronavirus, official says U.S. Worried Coronavirus Could Hit Young Adults: White House Official
(DBN)

I’m a Doctor in Britain. We’re Heading Into the Abyss.
(DBN)

U.S. CDC reports 7,087 coronavirus cases, 97 deaths

One chart shows different countries' current coronavirus death rates based on the known number of cases and deaths
(DBN)

Why Covid-19 is worse than the flu, in one chart
(DBN)

Coronavirus death rate by country
(DBN)

The U.S. Can Still Stop Coronavirus But Only With Better Testing
(DBN)

How Korea trounced U.S. in race to test people for coronavirus This chart shows how South Korea got its coronavirus outbreak under control in less than a month
(DBN)

WHO Says Testing, Tracing Must Be 'Backbone' of COVID-19 Response
(DBN)

The Latest Obstacle to Getting Tested? A Shortage of Swabs and Face Masks
(DBN)

Austin’s major shopping malls to close due to coronavirus
(DBN)

Colorado county issues shelter-in-place order, will test all residents for free
(DBN)

Why Texas is so far behind other states on virus response
(DBN)

NY state likely has ‘tens of thousands’ of coronavirus cases, Gov. Cuomo says
(DBN)

U.S. Advises Hospitals to Limit ‘Non-Essential’ Elective Care Cancer, heart surgeries delayed as coronavirus alters care What it’s like to have a baby during the coronavirus pandemic
(DBN)

HIV drug combo fails as treatment for severe COVID-19 in China study
(DBN)

N.J. Positive Coronavirus Tests Jump to 427 From 267 a Day Ago
(DBN)

‘Dire situation’: Georgia hospital president says employees have to sew face masks for medical workers amid coronavirus shortage
(DBN)

Cuomo says he won’t approve coronavirus ‘shelter-in-place’ order for NYC
(DBN)

NYC mayor pushes for ‘shelter-in-place’ order as coronavirus cases surge to almost 1,900
(DBN)

Coronavirus concerns rise for Florida's 'snowbirds'
(DBN)

From Flattening the Curve to Pandemic: A Coronavirus Glossary
(DBN)

Coronavirus confronts decision-makers with a terrible trade-off
(DBN)

What the 1918 influenza pandemic can teach governments about coronavirus
(DBN)

There Aren’t Enough Ventilators to Cope With the Coronavirus More lifesaving ventilators are available. Hospitals just can't afford them.
(DBN)

Congress just passed a bill that will guarantee free coronavirus testing for all Americans
(DBN)

NY needs 110,000 hospital beds for coronavirus in 45 days and only has 53,000
(DBN)

Trump Says U.S. Ordered 500 Million N95 Masks to Combat Virus
(DBN)

Drive-thru coronavirus test sites popping up slowly across America
(DBN)

NBA-Players face backlash over quick tests as others wait
(DBN)

Feds sent Texas emergency coronavirus supplies. They're almost all gone.
(DBN)

What did Dr. Anthony Fauci say about coronavirus testing 'failing'?
(DBN)

11 Tips and Reflections from a Veteran of Social Distancing, in the Time of Coronavirus
(DBN)

Experts answered the 16 burning questions you have about social distancing during the coronavirus pandemic, from 'Should I go out to dinner or the bar?' to 'Can I go to the gym?'
(DBN)

Will “Flattening The Curve” Even Impact Most People?
(DBN)

Watch the video of college students partying on a 'pirate ship' off the Bahamas a day after that country's first confirmed case of coronavirus. It reveals just how hard it's been to stop America's spring break
(DBN)

Here's the conversation I had to get through to my older family members about coronavirus — and why it's important to redefine 'acts of love' during a pandemic
(DBN)

Kids are carriers. Grandparents are vulnerable. Now parents must make wrenching choices.
(DBN)

Could a malaria pill from the 1940s treat the coronavirus? Early results for chloroquine have caught the eyes of doctors, analysts — and even Elon Musk
(DBN)

No, You Don’t Need Masks
(DBN)

For Many, GoFundMe Is Now a Coronavirus Safety Net
(DBN)

'For those who get severe cases, like me, it's been hell': New York coronavirus patient's Twitter thread shows how serious it can be
(DBN)

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Hotels:

Coronavirus pandemic guts hotel stay demand - data
(DBN)

Hotel Occupancy Plunges 24% With U.S. Travel Shutting Down
(DBN)

Hotel and restaurant distress from COVID-19/Coronavirus demands prompt action to deal with loan defaults, layoffs, shutdowns, recapitalizations and stand down agreements
(DBN)

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Sports:

This Summer May Change the N.B.A. Forever
(DBN)

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Cruise Lines:

Troubled Waters: The Cruise Line Industry May Face an Uncertain Future
(DBN)

Cruise ship with COVID-19 patients docks in Cuba
(DBN)

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Nanotech:

NanoMech to settle bankruptcy case, clear former CEO of wrongdoing
(DBN)

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Watches:

Rolex Shuts All Plants and Prepares for Worst Year Ever
(DBN)

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Magazines:

Playboy is Closing Down. Likely for Good
(DBN)

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Festivals:

Migos agree to pay $30,000 back to Fyre Festival following bankruptcy trustee’s lawsuit
(DBN)

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Telecoms:

Against deadline on interest due, CT broadband carrier borrows time
(DBN)

Windstream Fills Commitment Cap for “Priority” Tranche of Rights Offering and Enters into Second Amendment to Plan Support Agreement
(DBN)

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Resorts:

Virus concerns shut Greenbrier resort in West Virginia
(DBN)

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Education:

COVID-19's Impact on Higher Education's Finances
(DBN)

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Nursing Homes:

Sick staff fueled outbreak in Seattle nursing homes, CDC reports
(DBN)

US nursing homes warn of looming shortage of masks and gowns US Struggles to Fill Requests for Protective Gear
(DBN)

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Pharma:

U.S. bankruptcy judge warns states not to threaten potential Purdue Pharma settlement
(DBN)

The Next Coronavirus Nightmare: There's a Drug Shortage on the Horizon
(DBN)

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Economy:

U.S. Jobless Claims Poised for Historic Surge Unemployment websites crash
(DBN)

US job openings are falling rapidly as the coronavirus brings economy to a halt
(DBN)

COVID-19 Response: The Need for Speed
(DBN)

Biggest Factory Shutdown Since World War II Hits U.S., Europe
(DBN)

Life Under Lockdown: Here’s a Glimpse of What’s Coming for You, America
(DBN)

Sorry America, A Full Lockdown is Coming
(DBN)

The Coronavirus Recession Is Already Here
(DBN)

The Coming Corona Recession: Five Recommendations to Businesses for Getting Help
(DBN)

$1 Trillion Deficits, Zero Interest Rate; No Way to Enter a Recession
(DBN)

Heading Off The Covid-19 Recession
(DBN)

The Birth of the American Coronavirus Economy
(DBN)

China reported no new local coronavirus cases for the first time during the outbreak
(DBN)

We're about to get an early sign of just how badly coronavirus will damage the economy
(DBN)

The coronavirus pandemic is hitting Main Street
(DBN)

Harker Says Fed Debating Whether to Expand Its Interventions
(DBN)

Fed launches 2 emergency programs last seen in 2008 crisis
(DBN)

Does a Recession Always Follow a Bear Market? Usually
(DBN)

Lenders Encouraged to Work with Customers in Response to COVID-19 Challenges
(DBN)

Credit Is the Scariest Market to Watch, Not the Dow or S&P
(DBN)

Interest rates are rising, a bad sign as the economy slides toward recession
(DBN)

Mark Cuban says bailed out companies should never be allowed to buy back their stocks ever again
(DBN)

Pressure growing for U.S. Federal Reserve to lend directly to U.S. businesses: sources
(DBN)

All the Signs a Cash Crunch Is Gripping Markets and the Economy
(DBN)

Warren Buffett says negative rates are puzzling, but not scary
(DBN)

The coronavirus crisis could inflict record-setting damage on the US jobs market
(DBN)

American attitudes make virus response a hard sell
(DBN)

Dollar Heads for Record High With Chaos Eclipsing Stimulus Hopes
(DBN)

Coronavirus outbreak could destroy up to 25 mln jobs - ILO
(DBN)

JPMorgan just pledged $50 million in aid to small businesses and nonprofits as the coronavirus sends the economy into a nosedive
(DBN)

Bill Gates Says Virus Shutdowns Could Last Up to 10 Weeks
(DBN)

The coronavirus is an endurance test with no clear end
(DBN)

Officials preparing public for long-term disruption
(DBN)

Companies hunker down for worst-case economic scenario
(DBN)

CEOs: How Coronavirus Will Play Out
(DBN)

Private Credit Deals Dry Up in Rout With Pipeline Out of Reach
(DBN)

Orange County Bans ALL Public, Private Gatherings -- Including Work
(DBN)

Trump and Congress finally have a good idea to prop up the economy, but they need to move WAY faster
(DBN)

Negotiations intensify on Capitol Hill over massive stimulus legislation as coronavirus fallout worsens
(DBN)

Here’s where things stand on the White House’s push for a $1 trillion stimulus package
(DBN)

The $1 trillion stimulus isn't about cash. It's about restoring faith in the system.
(DBN)

Suddenly the GOP Loves Bailouts
(DBN)

What's in the Trillion Dollar Stimulus Bill?
(DBN)

Trump wants to send $500 billion in payments to Americans in two rounds
(DBN)

Mnuchin Floats Cash for Families, Airlines in $1.3 Trillion Plan
(DBN)

Trump’s $1.2 Trillion Won’t Do It. Try $2.5 Trillion
(DBN)

We need a massive economic response to counter the threat of the coronavirus
(DBN)

The Economic Response We Need to the Coronavirus
(DBN)

First Virus Bailouts: Millions Not Eligible
(DBN)

Trump Says He Will Invoke Defense Production Act to Fight Coronavirus The Legal Authority Trump Invoked to Combat Coronavirus Is Extremely Broad
(DBN)

67 million Americans anticipate trouble paying credit card bills
(DBN)

Mnuchin vows to prevent 20% unemployment in coronavirus response
(DBN)

Mnuchin pledges ample liquidity, cash in coronavirus rescue plan: CNBC interview
(DBN)

A tale of two coronavirus relief efforts: One for the rich, one for the poor
(DBN)

A cruel paradox: Beating virus means causing US recession
(DBN)

The White House requests another $45.8 billion in emergency coronavirus funding
(DBN)

'Everybody needs $1,000, or we'll end up in the Great Depression': 'Dr. Doom' economist calls for huge fiscal stimulus to stop a historic recession
(DBN)

Here’s Hoping the MMT Crowd Is Correct
(DBN)

White House coronavirus plan aims to send $2,000 to many Americans, includes $300 billion for small businesses
(DBN)

A Payroll Tax Cut Won’t Work. Send Big Checks Now.
(DBN)

America's Coronavirus Bailouts (So Far)
(DBN)

Billionaire Bill Ackman urges Trump to issue a 30-day 'spring break' shutdown to quell the coronavirus outbreak's economic impact Investor Bill Ackman advises Trump to shut down the country, saying stock market ‘will soar’
(DBN)

‘Hell is coming’ — Bill Ackman has dire warning for Trump, CEOs if drastic measures aren’t taken now
(DBN)

Why a top Harvard doctor is calling for a 'national quarantine' to stem the effects of the coronavirus pandemic
(DBN)

Amex is already seeing a softness in spending volume because of the coronavirus pandemic
(DBN)

The Coronavirus Called America’s Bluff
(DBN)

Travel grinds to a halt, plants close, as virus takes hold
(DBN)

Charts reveal how the coronavirus pandemic has boosted foot traffic at grocery stores but pummeled movie theaters
(DBN)

Nurses say they won't get paid time off if they catch coronavirus — and it could force them to choose between paying bills or heading to work while sick
(DBN)

The world before and after coronavirus lockdown: Pictures show how motorways, tourist attractions and places of worship have emptied as countries battle to contain disease
(DBN)

Virus redefines respecting personal space
(DBN)

Rattled world 'at war' with coronavirus as deaths surge in Italy
(DBN)

U.S. Census Bureau Suspends 2020 Field Work on Virus Concern
(DBN)

Women, on the Front Lines of Covid-19, Are at High Economic Risk
(DBN)

Canceled Convention Costs to Top $20 Billion in Two Months
(DBN)

Hormel CEO says ‘return to normalcy’ in China shows businesses can rebound
(DBN)

Governor says 60,000 homeless in state could get virus
(DBN)

"It's going to hurt": New coronavirus shocks Texas economy as length of public health crisis remains unknown
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Scrivener’s Error: Can a Residential Deed of Trust Be Avoided Because It States That It Secures a Maximum Principal Amount of $21.1 Trillion?
(DBN)

Fannie and Freddie to Suspend Foreclosures to Aid Virus Relief
(DBN)

Trump says HUD will suspend foreclosures and evictions amid coronavirus response
(DBN)

Phoenix Real Estate in February: Sales up 13.6% YoY, Active Inventory Down 43.5% YoY
(DBN)

AIA: Architecture Billings Index increased in February, Expected to decline rapidly
(DBN)

Housing Starts decreased to 1.599 Million Annual Rate in February Comments on February Housing Starts
(DBN)

Seattle issues moratorium on evictions for small businesses impacted by COVID-19
(DBN)

How to support small businesses crushed by coronavirus with a gift certificate
(DBN)

Where Buyers Are Making the Lowest—and the Highest—Down Payments
(DBN)

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Municipalities:

America’s Cities Call for Federal Rescue from Economic Collapse
(DBN)

California Cities in Critical Condition
(DBN)

Newark orders mandatory curfew
(DBN)

Puerto Rico bankruptcy rolls forward as the island shuts down
(DBN)

Puerto Rico Treasury announces payment plan moratorium, pushes back filing deadlines
(DBN)

Hospitals, Cities Hit by Surging Interest Rates in Echo of 2008
(DBN)

Cities Reel From Hammer Blows of Sports, Events Going Dark
(DBN)

American Cities Go Eerily Quiet in the Age of ‘Shelter in Place’
(DBN)

States’ Economic Preparedness Is Highest Since 2000, Pew Says
(DBN)

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Oil/Gas:

Netting JIBs Against Working Interest Revenue Payments in Bankruptcy
(DBN)

Oil plummets 18% in 3rd worst day on record, sinks to more than 18-year low
(DBN)

US oil companies race to restructure debt
(DBN)

Estimating The Possible Decline Of U.S. Shale Oil Production With Lower Prices
(DBN)

April Could Be Worst Month Ever For Oil
(DBN)

Dallas Fed on Shale Activity
(DBN)

Russia Sees Oil & Gas Income Fall By Almost $40 Billion
(DBN)

Saudi Arabia Doubles Down On Production As Prices Crash
(DBN)

Senator Calls On Trump To Embargo Russia, OPEC Crude
(DBN)

Coronavirus Could Bankrupt 20% Of European Oilfield Services
(DBN)

Coronavirus Is Wiping Out Billions In Clean Energy Investments
(DBN)

Latin American Currencies Crushed as Oil Prices Plunge
(DBN)

An oil price war is here to stay, analysts warn — even as prices tumble to nearly two-decade lows
(DBN)

Gas prices could drop below $1 gallon
(DBN)

The Oil Floating Storage Trade Is On After Crude’s Latest Tumble
(DBN)

With Oil at Record Low $7.47, Canada Is First Price-War Casualty
(DBN)

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Food/Beverage:

Restaurant industry asks for $145 billion recovery fund from the government U.S. restaurants seek $455 bln of federal aid due to coronavirus hit
(DBN)

McDonald's is telling restaurant owners to stop illegally locking bathrooms to prevent toilet paper theft amid coronavirus-related shortages
(DBN)

To Save Restaurants, Chefs and Former Financiers Ask for Tax Relief, New Rules
(DBN)

McDonald's pushes back against sick leave bill
(DBN)

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Supply Chain:

Restructuring Protections In A Time Of Coronavirus
(DBN)

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Tech:

One Wall Street firm just slashed its Apple price target by 16%, calling coronavirus a 'black swan' event for the company
(DBN)

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Utilities:

PG&E Bankruptcy Proceeds As Virus Delays Calif. Cases
(DBN)

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Autos:

The Financially Distressed Dealership: Strategies for Auto Franchisors
(DBN)

Tesla erases all 2020 gains amid coronavirus market sell-off Tesla’s Fremont factory is still running after county orders ‘minimum basic operations’ only, says report Leaked email reveals Tesla employees have to use PTO to get paid if they're staying home because they're sick, scared of the coronavirus, or unable to work Tesla Tells Workers It Awaits ‘Final Word’ on U.S. Plant Status
(DBN)

Volkswagen Group, world's largest carmaker, to suspend production in Europe over coronavirus
(DBN)

Honda, BMW close plants in U.S. and Europe due to the coronavirus outbreak
(DBN)

France vows to support PSA, Renault in coronavirus crisis
(DBN)

GM to furlough all workers in Brazil on March 30, suggesting production stop
(DBN)

UAW asks Detroit automakers to shutter U.S. plants
(DBN)

U.S. Senator Grassley says June 1 USMCA start date problematic for automakers
(DBN)

GM, Ford, and Fiat Chrysler are shutting down US factories as the coronavirus outbreak worsens General Motors, Ford and Fiat Chrysler to close all US factories due to the coronavirus, sources say
(DBN)

Ford, General Motors to pause production to clean factories amid coronavirus fears
(DBN)

Kudlow Says GM CEO Offered to Make Ventilators for Outbreak GM studies whether factories can be used to make coronavirus medical supplies Elon Musk says on Twitter that his factories will make ventilators if there is a shortage due to coronavirus
(DBN)

Mercedes SUV Plant Likely to Be Shut Down Due to Parts Shortage
(DBN)

Car Dealerships Want to be Rated Essential
(DBN)

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Awards:

Ellis Named Distinguished Law Student by American College of Bankruptcy
(DBN)

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Theaters:

Straining from Shutdowns, Theaters Ask Playwrights to Return Payments
(DBN)

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Sports:

U.S. Olympic training centers close, sending Tokyo hopefuls scrambling
(DBN)

FIFA puts revamped Club World Cup on hold
(DBN)

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Hedge Funds:

Bridgewater hedge funds fall further on coronavirus market rout
(DBN)

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Agribusiness:

Suspension of visa processing for Mexican seasonal workers hits U.S. farms, fisheries
(DBN)

Hemp Company Files For Bankruptcy As 'Confounding Regulatory Guidelines' Hamper Growth
(DBN)

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Banking:

JPMorgan Set to Temporarily Close 20% of Its U.S. Bank Branches Chase to Close 1,000 Branches Over Virus
(DBN)

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Fraud:

Not Even a Global Pandemic Can Stop Lori Loughlin's Trial
(DBN)

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Cannabis:

How The Coronavirus Pandemic Will Affect The Cannabis Industry
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (0 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:

February Commercial Chapter 11 Bankruptcy Filings Drop 20 Percent Ahead of Potential Financial Impact from Coronavirus COVID-19 Pandemic Commercial Chapter 11 Bankruptcy Filings Drop 20% Y/Y Ahead of COVID-19 Impact
(DBN)

Bankruptcy filings in the Central District CA in February 2020
(DBN)

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Priorities:

Updated Overview of the Jevic Files: How Courts Are Interpreting and Applying the Supreme Court’s Ruling on Structured Dismissals and Priority Skipping
(DBN)

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Tax:

Mnuchin says taxpayers must file by April 15, can delay payments for 90 days
(DBN)

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Intercreditor:

Three Evolving Concepts In Intercreditor Agreements
(DBN)

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Subordination:

Inequitable Subordination: Distressing Distressed Claims Purchasers by Propagating Subordination Benefit Elimination Theory
(DBN)

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UCC:

UCC Collateral Description: Can You Look Beyond the Four Corners of the Financing Statement?
(DBN)

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UST:

U.S. Trustee Program Issues Notice on Continuance of Section 341 Meetings
(DBN)

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Substantial Contribution:

Section 503(b) of the Bankruptcy Code Should be Construed to Authorize Substantial Contribution Awards to Creditors in Chapter 7 Cases
(DBN)

____________

Contracts:

Force Majeure from the Trenches: Cancelling Contracts in the Midst of a Global Pandemic
(DBN)

____________

Bankruptcy Reform:

The Small Business Reorganization Act of 2019 and COVID-19
(DBN)

____________

Religion:

As the coronavirus spreads, Catholics are turning to online spiritual practices, from masses live-streamed from the Vatican to a $110 wearable 'eRosary'
(DBN)

Many pastors follow coronavirus rules but some defy them
(DBN)

Judge OKs $34M sex abuse settlement with New Ulm Diocese
(DBN)

____________

CDS:

Sovereign, corporate and bank CDS spike sharply on coronavirus rout
(DBN)

____________

Retailing:

US malls are asking the government for help as retailers, restaurants shut stores
(DBN)

Retail Group Seeks Government-Backed Loans to Weather Coronavirus Hit
(DBN)

Is Grocery Shopping Even Safe?
(DBN)

These Struggling Retailers May Suffer Their Final Blow From The Coronavirus Lockdown
(DBN)

Retail stress test: Who may not recover from COVID-19
(DBN)

Amazon warehouse worker in New York tests positive for the coronavirus
(DBN)

JC Penney's Closed Stores Over Virus Fear
(DBN)

Amazon sellers brace for layoffs and worse after coronavirus products get priority Amazon's sellers are worried that its surprise 'essentials-only' stocking policy over the coronavirus could put them out of business
(DBN)

Best Buy limits store customers. Home Depot, Target shorten hours
(DBN)

Kroger is giving its employees $25 worth of groceries for their hard work amid the coronavirus — but most of them still don't get paid sick leave
(DBN)

CVS updates its worker policies after more than 1,700 employees sign a petition demanding paid sick leave, face masks, and gloves as stores are overrun with customers
(DBN)

More than 70 major US retailers are temporarily closing stores in an unprecedented move to prevent the spread of the coronavirus
(DBN)

Supermarket superheroes: Hardworking employees have been hailed as the 'unsung heroes' of the coronavirus pandemic
(DBN)

Social Distancing May Put Liquidation Sales Out of Business
(DBN)

How Retailers Treat Employees Amid Coronavirus Will Determine Their Fate Later: Whole Foods May Learn That The Hard Way
(DBN)

Here are all the major grocery-store chains around the world running special hours for the elderly and vulnerable to prevent the coronavirus spread
(DBN)

____________

Aviation:

U.S. Airlines Spent 96% of Free Cash Flow on Buybacks
(DBN)

We should bail out airlines during the coronavirus pandemic—but on taxpayers’ terms
(DBN)

Kudlow Says Government May Take Equity Stakes for Company Aid
(DBN)

Airlines Are No. 1 Priority for Coronavirus Relief, Trump Says Treasury Proposes $50 Billion Airline Loan in Stimulus Plan
(DBN)

Ryanair to Cancel Almost All Flights as Virus Locks Down Europe
(DBN)

Southwest Cancels More Than 50 Flights After Chicago Midway Tower Closes
(DBN)

Why Southwest’s $4 Billion Cash Reserve Will Be Critical For It To Tide Over The Coronavirus Crisis
(DBN)

Delta is parking half of its fleet, slashing executive pay, and sending 10,000 employees on unpaid leave as coronavirus brings the airline industry to its knees
(DBN)

EasyJet boss warns airlines will go bankrupt soon without help
(DBN)

Bill Ackman Sees Boeing’s Survival Hinging on U.S. Government Bailout
(DBN)

Emirates Mulls Grounding Its A380 Fleet as Virus Spreads
(DBN)

What Will Travel Be Like After The Coronavirus?
(DBN)

'A hopeful change' as 3 Chinese airlines resume SFO flights
(DBN)

Most Of The World’s Airlines Could Be Bankrupt By May
(DBN)

Could Coronavirus Really Wipe Out Half The World’s Airlines And Change Aviation Forever? One Keen Observer Thinks So.
(DBN)

American Airlines Flight Attendants, At High Risk In Coronavirus Crisis, Decry Early Retirement Offer
(DBN)

Quantas Stops All International Flights
(DBN)

____________

Transit:

New York MTA Taps $1 Billion of Bank Loans as Ridership Plunges
(DBN)

____________

Auto Racing:

The 24 Hours of Le Mans, the world's most famous endurance auto race, has been postponed until November due to coronavirus
(DBN)

____________

Movie Theaters:

Movie theater owners request a bailout amid coronavirus pandemic
(DBN)

AMC Theatres Faces Existential Threat From Coronavirus Shutdown: ‘I Don’t See How They Survive’
(DBN)

____________

Finance:

Global Finance Industry Calls For Coordinated Regulatory Relief
(DBN)

____________

UK:

More detail about the financial support available to UK businesses
(DBN)

Ex-solicitor faces bankruptcy restrictions after concealing assets
(DBN)

‘We Are Frightened’: U.K. Doctors Brace for a Coronavirus Explosion
(DBN)

UK retailer Laura Ashley goes under as virus hits, shares plummet
(DBN)

UK supermarkets ration food amid panic buying
(DBN)

UK rolls out tougher virus action after dire science warning
(DBN)

UK coronavirus deaths rise to 103, up from 71
(DBN)

Britain braced for coronavirus lockdown with London 'shutting down in days' U.K. Weighs Plan to Lock Down London as Schools Prepare to Close
(DBN)

Bank of England offers lifeline to big companies in Britain
(DBN)

The U.K.’s Virus Stimulus Is Bold, With Holes
(DBN)

EU’s Brexit negotiator Michel Barnier says he has tested positive for the coronavirus
(DBN)

Boris Johnson Dismisses Calls to Delay Brexit as Virus Roils Politics
(DBN)

Rolls-Royce is suspending production in UK as coronavirus outbreak intensifies
(DBN)

UK's Sunak says working fast to provide more support for workers Every worker will receive support through coronavirus crisis - UK PM
(DBN)

Glastonbury festival, one of Britain's biggest, moves to '21
(DBN)

More UK property funds suspend trading due to coronavirus volatility
(DBN)

British pound falls to more than 35-year lows as virus selloff accelerates
(DBN)

____________

EU:

Europe commits $820bn to fight virus, says 'no limits'
(DBN)

EU Eyes Options to Activate Rescue Fund, Bring ECB Into Play
(DBN)

ECB and Lagarde bail out Europe’s prevaricating leaders
(DBN)

Can Lagarde pull off a Draghi?
(DBN)

ECB Looks at Relaxing Rules Further for Virus-Hit Banks: Source
(DBN)

Europe Struggles to Stop Virus Infecting Its Foundations
(DBN)

Euro zone eyes ways to deploy its bailout fund in war with coronavirus
(DBN)

EU lawmaker calls for emergency powers to calm markets
(DBN)

Closed Borders Within Europe Unleash Congestion and Chaos
(DBN)

Europe Passes China in Confirmed Coronavirus Cases, Deaths
(DBN)

____________

PIIGS:

Coronavirus: Why it’s so deadly in Italy
(DBN)

Do Italian Sovereign Bonds Have an Implicit Force Majeure Clause?
(DBN)

Over 99% of coronavirus patients in Italy who died had other health problems
(DBN)

Italy’s lockdown will be prolonged, PM Conte says, as death toll spikes
(DBN)

Italian borrowing costs fall as ECB launches $820 billion coronavirus package
(DBN)

Dozens of army trucks carry coronavirus corpses to be cremated as morgues fill up
(DBN)

Italian Mayor: Make Good Use of Time Now
(DBN)

No layoffs, reduced rent: 'Italian cure' for pandemic
(DBN)

“Each city is a ghost city”: Life in Italy under full coronavirus lockdown
(DBN)

Tears, economic gloom as Spain wages war on coronavirus
(DBN)

Greece Bans Gatherings of 10 People and More, Effective Thursday
(DBN)

____________

Canada:

Trump announces the US will temporarily close its border with Canada to all 'nonessential traffic'
(DBN)

Canadian Stocks Tumble, Gain Little Purchase From Stimulus
(DBN)

No industry left unscathed in Canadian economy gearing down
(DBN)

Highlights of Canada's C$27 Billion Aid to Fight Coronavirus Outbreak
(DBN)

____________

China:

Chinese issuers turn to bond exchanges as repayment pressures build
(DBN)

Coronavirus rocks already strained ties between US and China
(DBN)

As world cowers, China glimpses coronavirus aftermath
(DBN)

As China Virus Cases Near Zero, Experts Warn of Second Wave
(DBN)

____________

Germany:

German economy will return to normal sooner or later: minister
(DBN)

____________

Norway:

Norway's Government Seeks Extra Powers to Deal With Coronavirus
(DBN)

____________

Brazil:

Brazil Cuts Rates to 3.75% With Recession Likely After Virus
(DBN)

____________

MENA:

The Choice of Advisers for the Lebanese Restructuring
(DBN)

Making (Non)Sense of The Lebanese Fiscal Agency Agreement
(DBN)

Figuring Out the Terms in the Lebanese Bonds (and Why Do the Agents in Sovereign Bonds Suck?)
(DBN)

UAE bars entry to visitors, Saudi Arabia limits private sector work
(DBN)

Saudi Arabia’s Oil War Could Bankrupt The Kingdom
(DBN)

Abu Dhabi acts to cushion the blow of coronavirus on UAE companies
(DBN)

Subordinating Holdouts in a Lebanese Restructuring
(DBN)

____________

Mexico:

Mexico Defies Calls to Shut Airports for Fear of Economic Hit
(DBN)

Virus Couldn’t Stop AMLO From Hugs and Kisses at Mexico Oil Bash
(DBN)

____________

Australia:

Australia to Boost Jobless Support in Stimulus Plan, AFR Says
(DBN)

____________

Austria:

Austria launches 38 billion euros aid fund, border checks with Germany
(DBN)

____________

Argentina:

Argentina Has Deal With Domestic Bondholders to Swap $3.2 Billion in Peso Debt
(DBN)

____________

Venezuela:

Overcrowded and unsanitary, Venezuela's prisons brace for coronavirus
(DBN)

____________

Singapore:

Covid-19 crisis may leave deep scars on property investors
(DBN)

____________

Russia:

Russia Scrambles To Save Its Economy As Oil Prices Collapse
(DBN)

Wary of official virus claims, Russians brace for worst
(DBN)

____________

El Salvador:

El Salvador to offer relief for those hit by coronavirus
(DBN)

____________

India:

India’s coronavirus response could include cash transfers to informal economy
(DBN)

____________


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