March 20, 2020

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

NALP report shows historically high offer rate for summer associates; what’s to come? Almost All Law School Students Received Biglaw Offers, But Will Coronavirus Ruin Summer Associate Programs?
(DBN)

Several top law schools adopt pass-fail grading plans after going online Elite Law Schools Move To Pass/Fail System Over COVID-19 Disruptions. But Will That Hurt Students?
(DBN)

Firms defend COVID-19 response as staff blast policies
(DBN)

Baker McKenzie unleashes COVID vid on unsuspecting world
(DBN)

Suspected cases of COVID-19 at Linklaters and Bakers
(DBN)

Just Because It’s A Public Law School Doesn’t Mean It’s Cheap
(DBN)

With Economy on the Brink, Will the Lateral Partner Market Dry Up?
(DBN)

The Biglaw Firm Cracking An Impressive $4 Billion In Revenue
(DBN)

Doc Review During Coronavirus: Contract Attorneys Are Suffering In Silence
(DBN)

New York LGBT Bar Board Member Dies of Coronavirus Complications
(DBN)

Lawyers still love their colleagues more than anything else at their firm
(DBN)

Free Products And Resources For Legal Professionals During Coronavirus Crisis
(DBN)

As COVID-19 mandates virtual law classes, nonprofit creates list of volunteer online speakers
(DBN)

Managing Work And Kids During COVID – You Got This!
(DBN)

Lawyer suspended for boosting law school grades in Williams & Connolly application
(DBN)

Triage and Prescriptions for Ailing Businesses
(DBN)

Yes, States and Local Governments Can Close Private Businesses and Restrict Your Movement - They’ve always had the power to take drastic measures in situations like this
(DBN)

Forced Quarantines Spark Confusion and Worries About Precedent
(DBN)

N.H. residents sue over gatherings ban New Hampshire Residents' Lawsuit Claims Ban on Gatherings of 50-Plus Is Unconstitutional
(DBN)

Coronavirus gathering bans raise religious freedom questions
(DBN)

Sorry, Gov. Cuomo: New York City Can Do a Lot to Legally 'Quarantine' Itself
(DBN)

California governor issues statewide order to ‘stay at home’ effective Thursday evening
(DBN)

LA mayor issues ‘Safer at Home’ order asking residents to limit ‘non essential’ movement as coronavirus spreads
(DBN)

Being A Prisoner During COVID-19
(DBN)

Los Angeles will stop issuing parking tickets for next two weeks, mayor says
(DBN)

Chicago Temporarily Halts Some Debt Collections and Ticketing Amid Coronavirus Pandemic
(DBN)

ICE will stop immigration enforcement amid coronavirus outbreak and only arrest undocumented migrants who pose a 'threat to public safety'
(DBN)

"Tens of thousands" of National Guard troops could be called up to help with coronavirus
(DBN)

Woman Who Hid Symptoms to Fly to China Faces Criminal Charges
(DBN)

Nutbag Lawyer Larry Klayman Files $20 Trillion Suit Against China For Coronavirus ‘Bioweapon’
(DBN)

Texas Man Arrested After Lying About Coronavirus on Facebook
(DBN)

If This Is Constitutional, Our System Is Broken
(DBN)

______________

Judges:

Delaware Bankruptcy Court Tests Skype Video Workaround
(DBN)

‘Try to have some faith and trust.’ Judge who self-quarantined tries to calm public
(DBN)

Judge defies order to delay hearings, denies issuing warrants for no-shows
(DBN)

Judge Orders Lawyers To ‘Be Kind’ During Global Pandemic
(DBN)

Is The Court A Place Or A Service?
(DBN)

Supreme Court Relaxes Filing Deadlines Due to Coronavirus
(DBN)

Echoing Immigration Judges, Judiciary Committee Calls for Immigration Courts to Close Due to Pandemic
(DBN)

______________

Wall Street:

US futures point to 800-point opening gains for the Dow
(DBN)

Asian markets continue to tumble after latest Wall Street selloff
(DBN)

Dow rises more than 100 points in rebound from 3-year low, tech and energy shares lead
(DBN)

“All Hell Is About to Break Loose”: Could Wall Street’s Coronavirus Tsunami Get Worse?
(DBN)

The market is not quite as bad as the Dow makes it look
(DBN)

Stockman: ‘Wall Street is toast’ in coronavirus chaos
(DBN)

Stock Market Matches Previous Panic Selloffs, And That’s Good News
(DBN)

______________

Layoffs:

Coronavirus Layoffs Push U.S. Weekly Jobless Claims to Two-And-A-Half-Year High
(DBN)

Coronavirus Layoffs: Met Opera, Film Workers Union Latest To Shed Jobs During Pandemic
(DBN)

______________

Healthcare:

Wuhan Coronavirus Death Rate Far Lower than Thought, with 1.4 Percent Mortality from Covid-19
(DBN)

The Pandemic in 5 Charts
(DBN)

The coronavirus is killing far more men than women
(DBN)

With low test rates, COVID-19 spreads in shadows
(DBN)

Coronavirus patients on 'apocalypse' ward gasp in bubble helmets as army move bodies
(DBN)

Twitter Suspends Right-Wing Conspiracy Theorist Jack Burkman For Spreading COVID-19 Disinformation
(DBN)

Coronavirus: California estimates 25.5 million residents will get it over 8 weeks
(DBN)

NYC Cases Suddenly Double
(DBN)

Even most isolated corners of country not safe
(DBN)

Asia deploys innovative, if invasive, tech to curb virus
(DBN)

Global Coronavirus Cases Hit 220,000, No New Domestic Cases in China
(DBN)

Americans are losing their sense of invincibility toward coronavirus
(DBN)

Almost half of coronavirus patients have digestive symptoms, study finds
(DBN)

What having coronavirus looks like, day by day
(DBN)

Coronavirus Mass Testing Experiment in Italian Town Appears to Have Halted Covid-19 Outbreak
(DBN)

March 19 Update: US COVID-19 Tests per Day
(DBN)

How We Must Respond to the Coronavirus
(DBN)

Coronavirus: NYC has 3,615 confirmed cases, including an inmate at Rikers Island
(DBN)

America's medical mask crisis
(DBN)

Florida Senator Says 'Get Off the Beach' After Governor Refuses to Close Them 'The party is over': Florida Gov. Ron DeSantis ends spring break amid the coronavirus pandemic Locals Close Florida Beaches
(DBN)

ER Doctor Says Hospital Supplies Being Rationed, ‘We Are Not Prepared’
(DBN)

Head of largest nurses union in US says they 'don't have protections they need' from coronavirus
(DBN)

'Everything is out of our control': San Francisco eases into lockdown
(DBN)

Prince Albert of Monaco, the billionaire ruler of one of the richest countries on the planet, just tested positive for coronavirus
(DBN)

Public figures who have tested positive for coronavirus
(DBN)

New York Expects Spike in Coronavirus Cases After Big Batch of Overnight Tests
(DBN)

Senators ask health insurers to cover all coronavirus costs
(DBN)

13 photos of New York City looking deserted as the city tries to limit the spread of the coronavirus
(DBN)

America's cleaners: fighting on the coronavirus front line
(DBN)

Bill Gates says US efforts to test for coronavirus are 'not organized'
(DBN)

Hospitals need a surge — of doctors
(DBN)

Sacramento County Issues Order To Stay Inside Except For Essential Activities
(DBN)

Life in a NY Containment Zone
(DBN)

The Americans Still Gathering in Large Groups
(DBN)

Labs scrambling to stay ahead of coronavirus test supply shortages
(DBN)

A Cascade of Warnings, Heard but Unheeded, Before Virus Outbreak
(DBN)

Coronavirus Tests Are Now Free, but Treatment Could Still Cost You
(DBN)

Roche CEO says coronavirus test capacity too limited to screen all
(DBN)

Medical Device Company Set to Manufacture 1 Million Coronavirus Tests a Week
(DBN)

____________

Food/Beverage:

Restaurant owners appreciate landlord’s advice to ‘pay employees’ instead of rent
(DBN)

Update: Decline in Restaurant Traffic
(DBN)

Gov. Greg Abbott orders Texans to avoid groups of 10; closes bars, gyms and restaurants for dine-in
(DBN)

Minnesota orders temporary closures of restaurants, bars and other public places
(DBN)

It’s not impossible to live under a lockdown during the coronavirus pandemic
(DBN)

Couple leaves $9,400 tip at restaurant to help staff during coronavirus slowdown
(DBN)

Wine company insolvent after duping investors
(DBN)

On medical front line, healthcare workers fighting coronavirus worry about their risk
(DBN)

Eating Out May Never Be the Same in U.S.
(DBN)

Pennsylvania closes all state liquor stores indefinitely
(DBN)

Coronavirus kills 3 family members and sickens 4 others after a dinner in New Jersey
(DBN)

Fast-food giants like McDonald's and Burger King told Trump it is essential they stay open during the coronavirus outbreak. Not all workers are convinced.
(DBN)

____________

Politics:

Senate Republicans Aim to Unveil New Coronavirus Bill Details
(DBN)

Trump signs emergency coronavirus relief package
(DBN)

Trump Wants Executive Order to Push ‘Buy American’ Agenda During Pandemic: Report
(DBN)

Crossed Out Corona and Inserted "Chinese"
(DBN)

How Elizabeth Warren lost the White House but became the president of US ideas
(DBN)

Trump campaign, RNC suspend in-person fundraising events as coronavirus spreads
(DBN)

Entire Georgia Senate told to self-quarantine over senator's coronavirus case
(DBN)

Secret recording reportedly captures GOP Sen. Richard Burr issuing a dire warning about coronavirus to a private club, while publicly conservatives and Trump downplayed the threat
(DBN)

Trump wanted to bury Biden after the primary. Now he can’t.
(DBN)

FAA chief to self-quarantine, after contact with member of Congress
(DBN)

Tulsi Gabbard has dropped out of the 2020 presidential race after running a controversial, bizarre campaign
(DBN)

WHO Expert Condemns Language Stigmatizing Coronavirus After Trump Comments
(DBN)

House Lawmaker Self Quarantines After Contact With Diaz-Balart
(DBN)

Three pillars of Trump’s case for reelection are collapsing all at once
(DBN)

Russia deploying coronavirus disinformation to sow panic in West, EU document says
(DBN)

Disinformation and blame: how America's far right is capitalizing on coronavirus
(DBN)

President Trump On Supplying Governors: 'We're Not A Shipping Clerk'
(DBN)

Senator Dumped Up to $1.6 Million of Stock After Reassuring Public About Coronavirus GOP Senator Withheld Information from Public About Coronavirus While Profiting Off Pandemic GOP Senator Kept Coronavirus Info Secret for Weeks, But Shared It With Wealthy Donors Two senators face questions over stock sales before market’s coronavirus slide Burr, other senators under fire for stock sell-offs amid coronavirus outbreak
(DBN)

____________

Autos:

De Blasio calls on Elon Musk to make ventilators for New York City
(DBN)

Ford hoards cash, withdraws profit forecast amid coronavirus outbreak
(DBN)

Ford Suspends Dividend, Borrows to Weather Virus Downturn
(DBN)

What Happens to a Car Sector That Can’t Make Cars?
(DBN)

Auto Parts Suppliers Seek Federal Aid
(DBN)

Tesla suspending production at Bay Area factory amid coronavirus outbreak
(DBN)

____________

Opera:

Metropolitan Opera Cancels Season Over Virus and Faces $60 Million Loss
(DBN)

____________


Economy:

State Department to tell Americans don't travel abroad, come home if overseas Stranded by canceled flights and travel bans, Americans abroad plead for help The US will reportedly set its highest travel alert level for every country in the world as governments seek to contain the coronavirus outbreak State Department suspends most global visa services Unprecedented: The US just issued its highest travel alert level for every country in the world as governments seek to contain the coronavirus
(DBN)

The Rising COVID-19 Bankruptcy Risks
(DBN)

The case for extreme measures
(DBN)

The Best-Case Outcome for the Coronavirus, and the Worst
(DBN)

Distressed Debt in U.S. Doubles to $500 Billion in Two Weeks
(DBN)

A Look at Economies and Markets After Covid-19
(DBN)

JP Morgan: This Will Hurt More Than 2008
(DBN)

Federal Reserve Gives Emergency Aid to Mutual Funds
(DBN)

Consumers Face a Massive Credit Crunch. Lenders Are Still Figuring Out What To Do.
(DBN)

Emergency Stimulus Not Stopping Panic
(DBN)

Fed opens central bank swap lines to stave off coronavirus slump
(DBN)

Philly Fed "Current Manufacturing Indicators Show a Weakening in Activity in March"
(DBN)

U.S. Senate passes one coronavirus aid package while working on another
(DBN)

Richmond Fed's Barkin: Fed moving 'aggressively' to ensure market function
(DBN)

Bank of America says the recession is already here: ‘Jobs will be lost, wealth will be destroyed’
(DBN)

UN chief: World at war with a virus, recession near certain
(DBN)

Coronavirus: global recession in 2020 now seen as guaranteed as outbreak ravages Europe, US
(DBN)

Philadelphia Fed Factory Index Slumps by Most on Record
(DBN)

How do you know if your business is an essential service?
(DBN)

Trump says he would consider government equity stakes in companies seeking bailouts
(DBN)

Ask for Help Now Say Debt Advisers to Cash-Squeezed Companies
(DBN)

This Could Last for 18 Months
(DBN)

No, We’re Not All Going to Have to Stay Home for 18 Months
(DBN)

How long will Americans be fighting the coronavirus?
(DBN)

The risks of coronavirus in Trump country
(DBN)

Echoes of the Great Depression
(DBN)

How To Find Money, Keep Your Business Going, And Help Your Employees During COVID-19
(DBN)

Moody's readying for mass global downgrade of virus-hit firms
(DBN)

The worst global recession since World War II: Deutsche Bank just unveiled a bleak new forecast as the coronavirus rocks economies worldwide
(DBN)

Senate Republicans Eye 2008 as Model for Household Checks
(DBN)

White House Mulls New 50-, 25-Year Bonds to Finance Stimulus
(DBN)

Federal Rescue Should Be in the Form of Loans, Not Bailouts
(DBN)

What The 2020 Coronavirus Stimulus Checks Might Look Like
(DBN)

Mnuchin: Family of 4 could get $3K under virus relief plan
(DBN)

Warren Buffett says 'the most important question in the world' is what negative interest rates would do to markets
(DBN)

Billionaire Dalio sees U.S. corporate losses over $4 trillion -CNBC
(DBN)

Somebody Needs a Bailout. But Not Everybody.
(DBN)

Mr. Trump, Please Bailout People First, Not Companies
(DBN)

New York Enacts COVID-19 Sick Leave Act
(DBN)

U.S. Treasury's Mnuchin: airline, corporate aid could include equity stakes
(DBN)

Mnuchin urges Congress to pass massive economic relief bill by next week
(DBN)

Investor Ackman tweets to Trump: Close down the country
(DBN)

Americans are taking out cash like mad and bleeding ATMs dry. Here's why that's a bad idea.
(DBN)

Here’s How To Qualify For Paid Leave For Coronavirus
(DBN)

U.S. jobless filings jump to 2-year high ahead of coronavirus impact The Staggering Rise in Jobless Claims This Week Coronavirus drives up unemployment claims Coronavirus layoffs surge across America, overwhelming unemployment offices
(DBN)

As Jobless Claims Surge, Unemployment Rate Could Reach 8 Percent
(DBN)

U.S. jobless claims could top record 1.5 million next week - economists
(DBN)

'How did things end up like this?' America's newly unemployed grapple with coronavirus fallout
(DBN)

Jobless Claims Mount as Employers and Workers Face Bleak Outlook
(DBN)

Goldman: Wait Til Next Week's Jobless Survey
(DBN)

Lindsey Graham, Mark Meadows Pushing Trump to Oppose Cash Payouts for Coronavirus Relief
(DBN)

Trump must put families and small business first amid coronavirus scourge
(DBN)

The economic outlook for Americans just plummeted the most since the financial crisis as coronavirus threatens recession
(DBN)

How Trump can end the coronavirus financial panic
(DBN)

Senate GOP releases coronavirus relief plan with up to $1,200 in cash payments to individuals
(DBN)

Major states' coronavirus-linked fiscal stimulus plans
(DBN)

Prime money-market funds could slow redemptions as they bleed assets
(DBN)

Phase 2 of the coronavirus crisis is here
(DBN)

The growing coronavirus stimulus packages
(DBN)

23 Pieces of Good News on the Pandemic
(DBN)

Senate GOP coronavirus bailout bill caps executive pay
(DBN)

A Taxonomy of Bailouts: Comparing the Coronavirus Rescues With Rescues Past
(DBN)

The False Crisis Comparison
(DBN)

Trump’s trade war proves immune to the coronavirus crisis
(DBN)

Paid Time Off: ‘If I Caught the Coronavirus, Would You Want Me Making Your Next Meal?’
(DBN)

Coronavirus will radically alter the U.S.
(DBN)

Fatigue Will Be the Carrier of the Second Coronavirus Wave
(DBN)

The coronavirus outbreak could hit every sector of the economy
(DBN)

As schools and businesses close to combat the spread of the coronavirus, photos show just how eerily empty some of the US's busiest roads and tourist spots have become
(DBN)

Coronavirus could force the world into an unprecedented depression
(DBN)

Trump Signs Emergency Bill to Manufacture Medical Supplies for Coronavirus
(DBN)

Seattle mayor announces $5 million in grocery vouchers to help families
(DBN)

Americans must relearn to sacrifice in the time of coronavirus
(DBN)

There will be a ‘massive’ shuffling of supply chains after coronavirus shutdowns
(DBN)

The Trump administration's 180 on stock buybacks
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

New York Suspends Mortgage Payments
(DBN)

US mortgage rates climb this week; 30-year loan at 3.65%
(DBN)

Bank of America says customers may be able to defer mortgage payments
(DBN)

US Orders Year Long Break on Mortgages
(DBN)

Sacramento Housing in February: Sales Unchanged YoY, Active Inventory down 28.7% YoY
(DBN)

____________

Municipalities:

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

Covid-19 Losses Not Covered By Business Interruption Policies, Puerto Rico Regulator Says
(DBN)

Almost overnight, New York City's booming economy sent into chaos
(DBN)

____________

Oil/Gas:

Tri-Point to Liquidate After Bidder Walks Away
(DBN)

Texas Shale Considering the Unthinkable
(DBN)

Oil Extends Gains as Texas Supports Trump-Led Output Proposal
(DBN)

The Inevitable Outcome Of The Oil Price War
(DBN)

200+ Oilfield Services Firms Could Go Bust
(DBN)

Trump may wade into oil fight that has rocked U.S. drillers
(DBN)

Energy Firm Gives Executive Bonuses Amidst Downturn
(DBN)

The New Saudi Plan To Send Oil Prices Lower
(DBN)

Crude oil spikes in best day ever – here’s what could come next
(DBN)

Oil Could Crash To $10 As World Runs Out Of Storage
(DBN)

Trump’s Big Oil Buy Could Benefit Hundreds of Shale Drillers
(DBN)

Oil collapses by another 24% to $20. It hasn't been this low since 2002
(DBN)

U.S. to buy initial 30 million barrels of oil for emergency stockpile
(DBN)

Trump Targets Smaller Producers in Plan to Buy Oil for Reserve
(DBN)

Moody's Cuts Occidental Petroleum's Debt to Junk Occidental’s Bonds Plunge After Moody’s Cuts Rating to Junk
(DBN)

Texas May Curtail Shale Oil Production
(DBN)

____________

Transit:

New Jersey Transit tells Congress it needs $1.25B bailout
(DBN)

____________

Entertainment:

Virus-shocked Hollywood gets break with streaming services
(DBN)

____________

Theater:

‘If There’s No Broadway, There’s No Business’
(DBN)

____________

Celebs:

TV Fishing Legend Babe Winkelman Files for Bankruptcy
(DBN)

Teresa Giudice Says Joe Blamed Her and Filming 'RHONJ' for His Bankruptcy Case
(DBN)

____________

Agribusiness:

Kentucky Hemp Firm Files for Bankruptcy
(DBN)

____________

Movie Theaters:

Regal Cinemas will close its theaters until further notice
(DBN)

AMC CEO: Movie theaters need government aid ‘right now’ due to coronavirus
(DBN)

____________

Tech:

Netflix asked to slow down streaming so the internet doesn't break
(DBN)

Netflix and YouTube reduce resolution as virus hits web
(DBN)

Web traffic spiked 20% in one week amid coronavirus shutdown, Verizon CEO says
(DBN)

Tech’s big five lost $1.3 trillion in value since market peak one month ago
(DBN)

____________

Trucking:

Class 8 Production Could be Half of 2019
(DBN)

____________

Satellites:

SoftBank-backed OneWeb considers filing for bankruptcy
(DBN)

____________

Utilities:

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

____________

Pharma:

Purdue, Sacklers Keep Opioid Suit Shield For 6 More Months
(DBN)

State AGs Called To Settle With Purdue Pharma
(DBN)

____________

Auctions:

One Week After Being Sued, Online Auction House Paddle8 Has Filed for Bankruptcy
(DBN)

____________

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Unexpired Leases:

Mall Owner Prevents Assignment of Sears’ Lease: What Constitutes “Adequate Assurance of Future Performance” of a Shopping Center Lease?
(DBN)

____________

Nursing Homes:

Coronavirus surfaces in 19 elder care facilities in Florida
(DBN)

Nursing home staff spread coronavirus to other facilities, CDC investigation finds
(DBN)

____________

Trucking:

Truckers Facing Coronavirus Hurdles in Keeping Supply Chains Moving
(DBN)

____________

Soccer:

MLS targets May 10 return, considers extending into December
(DBN)

____________

Religion:

Reporting system to record abuse complaints against bishops begins
(DBN)

____________

Wrestling:

WWE will hold WrestleMania 36 in an empty Orlando arena
(DBN)

____________

Retailing:

Victoria's Secret shuts down its online store in an unprecedented move to curb the spread of coronavirus
(DBN)

Kohl’s taps credit and withdraws earnings outlook because of coronavirus
(DBN)

Costco is reportedly limiting the number of people allowed to shop in its warehouses at once and limiting purchases of in-demand items
(DBN)

Walmart will close auto centers and enforce new purchase limits on milk, eggs, diapers, baby formula, and more
(DBN)

GameStop Tells Employees to Ignore the Law During COVID-19 Pandemic
(DBN)

First Two States Declare Grocery Workers ‘Emergency Personnel’ — What It Means
(DBN)

Walmart to pay special cash bonuses, hire 150,000 workers in response to coronavirus demand
(DBN)

____________

Conventions:

A person who attended a major 3-day real estate convention in Nashville last week just tested positive for the coronavirus
(DBN)

NACBA’s 28th Annual Convention Canceled
(DBN)

____________

Cruise Lines:

Norwegian Cruise Line exec goes on leave after telling employees to downplay coronavirus in sales calls
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Declined 24.4% Year-over-year
(DBN)

Hotel industry crisis: 8 Do’s and Don’ts for distressed hotels
(DBN)

Airbnb hosts are upset that the company is refunding travelers but not covering hosts’ costs
(DBN)

Airbnb Said It Would Give Full Refunds For Coronavirus Cancellations. VRBO Told Renters To Take A Hike.
(DBN)

Airbnb Hosts Feel COVID-19 Impact With Policy Change
(DBN)

____________

Taxis:

Uber says a coronavirus worst-case scenario could cost it up to $6 billion and rides could slump as much as 80%
(DBN)

____________

Education:

Georgia will close all public schools starting Wednesday
(DBN)

____________

Finance:

FAQs: COVID-19 – Potential Impacts to Borrowers and Lenders
(DBN)

____________

Student Debt:

Why student loans are a kind of debtor’s prison, and what needs to change
(DBN)

____________

Aviation:

U.S. Closes Air Traffic Control Tower in Las Vegas; Nearly 500 Flights Canceled
(DBN)

American Airlines grounds 55,000 flights
(DBN)

Delta, United, and other airlines are sending their largest planes to the desert for storage as they drastically reduce operations due to coronavirus
(DBN)

The real cost of bailing out the airlines
(DBN)

Coronavirus Threatens To End America’s Long Run As A Leader In Commercial Aviation
(DBN)

American Airlines secures $1 billion credit line to deal with coronavirus crisis
(DBN)

Air France working with government to help repatriate French, European travelers
(DBN)

Private Jets Companies Thrive As Airlines Go Bankrupt Amidst Coronavirus Pandemic
(DBN)

Among Worst-Hit Airlines, Investors Bet Who Will Fall First
(DBN)

Airlines Should Shut Down Now, One Analyst Says. Why the Industry Could Benefit From Such a Radical Move.
(DBN)

SpiceJet, InterGlobe Aviation shares dive for 7th consecutive day
(DBN)

Salary cuts for Air India, IndiGo staff as coronavirus clips aviation sector’s wings
(DBN)

South African Airways suspends all intercontinental flights
(DBN)

When foreign airlines go under, U.S. taxpayers could be stuck with the bill
(DBN)

Former UN ambassador Nikki Haley resigns from Boeing board, opposing government aid for coronavirus
(DBN)

Airline unions work to attach employee-friendly conditions to coronavirus bailout
(DBN)

____________

UK:

Coronavirus Death Toll Rises to 128 in England
(DBN)

British Banks Grapple With Business Demands for Coronavirus Lifelines
(DBN)

British pub chain vows to stay open amid coronavirus, but with social distance between drinkers
(DBN)

Scottish government vows to back businesses during outbreak
(DBN)

Recognized but not Compromised; English Court recognizes Brazilian insolvency over dissolved company
(DBN)

Bank of England Cuts Rates to 0.1%, Ramps up Bond-Buying
(DBN)

Bank of England cuts interest rates again in response to coronavirus and sends the pound soaring from a 35-year low
(DBN)

UK government scientist: No way to turn back coronavirus epidemic
(DBN)

The UK's largest grocery store chain instructs shoppers to stand behind a taped area at checkout to prevent the spread of the coronavirus
(DBN)

Bankrupt liable for £16m tax advice hid assets
(DBN)

Thomas Cook failure crippled passengers' protective trust fund
(DBN)

____________

EU:

Europeans Ask What Has EU Done for Us? Answer: 2.5 Trillion Stimulus
(DBN)

200 oilfield service firms could go bankrupt as COVID-19 slashes $5 bn off the market
(DBN)

____________

PIIGS:

Italy's schools likely to remain closed beyond April 3 - Education Minister
(DBN)

Italian Banks May Survive Nasty Case Of Coronavirus. The Italian Economy? Possibly Less So.
(DBN)

Italy asks for help from EU crisis fund as death toll spikes
(DBN)

____________

Canada:

Where the Restructuring Meets the Road: the Intersection Between Insolvency Proceedings and Construction Law
(DBN)

Canada Gun Stores Report 'Extreme Surge' of Sales Amid Coronavirus Outbreak
(DBN)

____________

China:

In China, life returning to normal as coronavirus outbreak slows
(DBN)

____________

Germany:

Germany to Ease Bankruptcy Rules to Help Virus-Hit Companies
(DBN)

Germany expects more than 2 million people to use short-time scheme in 2020
(DBN)

____________

Cambodia:

Cambodia Reports 10 New Cases of Coronavirus, Bringing Total to 47
(DBN)

____________

Venezuela:

Cash-Strapped Venezuela Hikes Public Service Fees Amid Coronavirus Outbreak
(DBN)

____________

Colombia:

Colombia to suspend entry for all travelers from abroad
(DBN)

____________

France:

What assistance is available to French businesses to help survive Covid-19 challenges?
(DBN)

France may extend coronavirus lockdown as face mask shortage bites
(DBN)

____________

Africa:

Africa sees 'extremely rapid evolution' of pandemic, UN says
(DBN)

Africa scrambles to contain coronavirus
(DBN)

____________

MENA:

UAE suspends all sporting events, raising doubts about Dubai World Cup
(DBN)

____________

Netherlands:

Dutch confirmed coronavirus cases at 2,460 - health authorities
(DBN)

Dutch PM Tells Citizens to Relax, Saying There's Enough Toilet Paper for 10 Years
(DBN)

____________

Thailand:

Thailand says all int'l arrivals need virus-free certificate
(DBN)

____________

Indonesia:

Indonesia Should 'Prepare for the Worst' on Coronavirus, Red Cross Says
(DBN)

____________

Australia:

How to flatten the coming bankruptcy curve
(DBN)

____________

Malaysia:

Malaysia imposes nationwide movement control order
(DBN)

____________

India:

Are Indian banks ready to absorb Covid-19 impact?
(DBN)

Coronavirus impact: Over 50% of India Inc sees impact on ops, 80% witness fall in cash flow
(DBN)

____________

Mexico:

U.S. expected to announce restrictions on travel across Mexico border - sources
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2020