March 30, 2020

The Daily Bankruptcy News

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Law:

As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood Scary Times for U.S. Companies Spell Boom for Restructuring Advisers
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Virus pulls federalism debate into 21st Century
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Billable hour expectations remain the same, though work volume is ‘trending lower,’ survey says
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Biglaw Coronavirus Policy Tracker: Which Firms Will Let Lawyers Work From Home?
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Responding To The Pandemic: Resources For Attorneys Working Remotely
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Working From Home — Best Practices
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Restructuring Considerations: Making the Most of Stimulus Relief
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Bankruptcy in the Age of COVID-19: Evaluate Financial Distress
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Lawyer’s ‘glib’ coronavirus tweet spurs outrage and death threats
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Biglaw Firms Can’t Seem To Decide What They’re Going To Do With Summer Associate Programs
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Biglaw Firm Sees Revenue Increases For The 9th Year In A Row
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July NY State Bar Exam Officially Off Say Hello To The Fall 2020 Bar Exam Decision about releasing July bar exam materials will come in May, NCBE says National Bar Examiner Group Offers New Fall Test Option
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How Will COVID-19 Impact Law Schools As The Summer Progresses?
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When A Law School Says ‘Don’t Contact The Media,’ You Should ABSOLUTELY Contact The Media
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Law School Offers Pass/Fail But Only If You Tell Them A Good Enough Story About How COVID Hurt You
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Your Various Jobs and Entire Career Will Have An Expiration Date, But Your Everyday Actions Will Not — Practice Courage And Be Kind
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Terror plot to blow up Missouri hospital during coronavirus crisis is discovered while FBI were investigating another 'white supremacist'
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Rhode Island Police to Hunt Down New Yorkers Seeking Refuge Rhode Island is now using military personnel to ‘hunt down’ certain people over coronavirus Rhode Island will knock on doors and stop cars to find New Yorkers to slow coronavirus Rhode Island’s Search for New Yorkers Starts in Beach Towns
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Police create online report portal for people not social distancing
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UK council deploys talking drones that track down lockdown rebels
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‘Officers are scared out there’: Coronavirus hits US police New York City police lose their first sworn member, a detective, to coronavirus Almost 200 NYPD Officers Test Positive for Coronavirus in Less Than a Day, Bringing Total to Over 500 Cases in the Force
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California Is Latest State to Be Hit With Lawsuit Over COVID-19 Gun Restrictions What’s essential? In France: pastry, wine. In US: golf, guns NRA sues California for shuttering gun shops as ‘nonessential’ business amid coronavirus outbreak
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Citing virus, judge orders release of two men from California immigrant detention center
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Spread of coronavirus accelerates in U.S. jails and prisons
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Texas gun stores are essential businesses, may stay open during the pandemic, attorney general says
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How Is Mark Meadows Both A Congressman And Employed In The Executive Branch? What Even Is Constitution?
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Prisoners At Rikers Say It’s Like A ‘Death Sentence’ As Coronavirus Spreads
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Judge Urges Release of Migrant Children After 4 Test Positive for Coronavirus in Detention
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The novel coronavirus is leaving foster children with nowhere to go
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Women’s rights activists fear US lawmakers are exploiting coronavirus chaos by banning abortions Kentucky attorney general calls for temporary ban on abortions amid coronavirus spread
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DC Lawyer Gets Suspended in New York for Forging Signatures
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His Brother’s Grievance Leads to an Oklahoma Lawyer’s Disbarment
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New Yorkers who break social distancing rules will now face fines up to $500
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Coronavirus cripples federal prison in Louisiana
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Stuck-at-Home Americans Get Robbed Less Often, But Fight More
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Man in coronavirus quarantine runs into street naked before biting woman to death
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Party host refuses to shut down 60-person bonfire amid coronavirus order, MD cops say
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Judges:

Judge Benchslaps Attorneys For Thinking Their Case Is So Important In The Middle Of A Damn Pandemic
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Judge suggests lawyer who opposed extension may want to brush up on karma concepts
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Judge accused of ordering handcuffing, jailing of litigants should be removed, commission says
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Delaware’s Weird—and Constitutionally Suspect—Approach to Judicial Independence
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Wall Street:

Stock futures slide as investors brace for another volatile week
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Australia stocks surge 7% as investors assess economic impact of coronavirus pandemic
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European markets fall amid choppy session as coronavirus remains in focus
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Japanese shares drop on fears of coronavirus forcing Tokyo into lockdown
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Dow drops more than 900 points on Friday, but still finishes higher for the week
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What could be ‘shocker’ economic reports may test stocks in week ahead
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Trump Seeks Advice From Fink, Wall Street as Outbreak Worsens
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Goldman says market will turn lower and won’t bottom until these 3 things happen
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Rallies won’t hold until there’s an effective coronavirus treatment: Jeff Mills
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Father of Wall Street’s ‘fear gauge’ sees wild volatility continuing until coronavirus cases peak
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Investment pros are selling while mom and pop buy the coronavirus dip
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Layoffs:

Kennedy Center abruptly lays off entire orchestra hours after receiving $25 million taxpayer bailout
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Mortgage lender axes 70% of its staff
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Oilfield Service Firms MBI Energy, Calfrac Cut Jobs
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Tesla’s Nevada Gigafactory to Cut On-Site Staff by 75%
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Layoffs Watch ’20: Deutsche Bank To Stop Firing People For A While After It Finishes Firing These Other People
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Rent the Runway lays off all retail employees due to coronavirus uncertainty
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The latest sign the recession is intensifying: White-collar workers are being laid off now
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Recalled Peace Corps Volunteers Are Thrown Into A Terrifying New Reality
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WeWork Cuts Another 250 Jobs in Further Attempt to Trim Costs
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Healthcare:

At least 8 strains of the coronavirus are spreading across the globe
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HHS Can't Appeal True Health Medicare Reimbursement Order
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Lawmakers ask Wolf to use assets of failed Ellwood City Medical Center in COVID-19 fight
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A private-equity exec is asking for $31,500 a day to reopen a shuttered hospital for coronavirus patients. The city's mayor says he doesn't 'have the time' to keep negotiating.
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The Ultimate Coronavirus Info Center
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As U.S. virus cases exceed 100,000, doctors decry scarcity of drugs and equipment US coronavirus cases top 100,000, doubling in three days New research says COVID-19 could kill 40,000 to 160,000 Americans; might not subside till June or July The US coronavirus death toll has surpassed 2,000, doubling in just 2 days Alert: NIH's Fauci projects possible 'millions' of US coronavirus cases, '100,000-200,000' deaths U.S. deaths top 2,100 as CDC issues travel advisory for 3 states U.S. coronavirus updates: Death toll exceeds 2,500
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US COVID-19 Tests per Day #TestAndTrace
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Louisiana on track to exceed ventilator capacity this week, governor says
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It’s Time to Get Serious About End-of-Life Care for High-Risk Coronavirus Patients
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One chart shows New York City's coronavirus cases, deaths, and hospitalizations by age bracket as the city's cases top 20,000
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Field hospital set up in New York's Central Park NY state coronavirus death toll passes 1,000 as Franklin Graham's charity helps set up a 68-bed field hospital in Central Park to alleviate Mount Sinai West
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Coronavirus cases in California soar past 5,000 as hospitals fill up
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U.S. Counties Without Coronavirus Are Mostly Rural and Poor
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On Oklahoma plains, an island of near normality in a pandemic
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The coronavirus is starting to hit rural America hard—here’s a map of the counties most affected
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‘Off the charts’: Virus hot spots grow in middle America
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White House Coronavirus Official: ‘No Metro Area Will Be Spared’ From Outbreak
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Fascinating video shows exactly how the coronavirus kills you
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Stimulus billions can’t buy hospitals out of shortage crisis “We’re trying to keep our heads above water”: U.S. healthcare workers fight shortages – and fear
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Confirmed Coronavirus Cases Is an ‘Almost Meaningless’ Metric
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Nurses Die, Doctors Fall Sick and Panic Rises on Virus Front Lines
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Hospitals turn to snorkel masks to ease respirator overload
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The 26 FOOT sneeze zone: Coronavirus social distancing limit is at least four times TOO SHORT?
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Global cases surge past 600,000, Spain infections exceed 72,000, Iran reports 2,500 deaths Virus infections top 600,000 worldwide, long fight ahead Virus infections top 600,000 worldwide, long fight ahead
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Coronavirus May Add Billions to the Nation’s Health Care Bill
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What the U.S. can learn from other countries in the coronavirus fight
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Mystery In Wuhan: Recovered Coronavirus Patients Test Negative ... Then Positive
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Fauci said he's 'willing to bet anything' that people who recover from the new coronavirus are 'really protected from reinfection'
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Coronavirus pandemic could inflict emotional trauma and PTSD on an unprecedented scale, scientists warn
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Experts say face masks can help slow COVID-19, despite previous claims
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The government is distributing emergency Covid-19 supplies. But some states are losing out.
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4 disease experts reveal how they'd address the coronavirus pandemic in the US if they could wave a magic wand
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ER doctor fired after criticizing coronavirus response at his hospital
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Letters from NYC nurses on the frontlines of the coronavirus outbreak Health care workers on the front lines reveal what it’s really like Jacobi nurses rebel against wearing same coronavirus mask for 5 days
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San Francisco’s early restrictions seem to be helping hospitals avoid coronavirus overload — so far
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Regulations slow urgent hiring of doctors and nurses amid coronavirus outbreak, staffing firms say
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Trump Rules Bar Thousands of Foreign Nurses Willing to Help U.S.
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Young Medical Graduates Find Themselves on the Front Lines of Italy’s Coronavirus Fight
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Washington state bans non-immediate family members from attending funerals due to social-distancing recommendations
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New York City coronavirus cases reach nearly 30,000 with a death every 9.5 minutes Coronavirus killing people in New York City at rate of one every 17 minutes New York's race against the clock on coronavirus Bronx is a ticking coronavirus timebomb: health workers ‘War Zone’: Ambulances in N.Y.C. Are Now as Busy as on Sept. 11 Doctors plead for help in NYC borough hardest hit by coronavirus
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A New York nurse shared a chilling photo of coronavirus victims to show 'the ghastly reality of what' medical workers deal with on frontlines
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Los Angeles coronavirus crisis could reach NYC levels in five days
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Orange County coronavirus cases jump past 400 with 4 deaths
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California Intensive Care Patients Double, Deaths Top 100
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Virus Erupts in U.S. Cities Where the Poor Have Few Defenses
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Coronavirus Cases, Concentrated on the Coasts, Now Threaten America’s Middle
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Grim phase arrives — three more hot-spot cities
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Detroit, An Emerging Coronavirus Hotspot, Is Uniquely Underprepared
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He thought he had coronavirus and had nowhere to go. He spent five days alone in his car
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More than a third of America’s 101,240 known cases are in New York. Now other states are preparing for a surge
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The next coronavirus hotspots US May Recall Reserve Medical Personnel To Deploy To Hotspots Donald Trump clears Pentagon to use reserve troops
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California once had mobile hospitals and a ventilator stockpile. But it dismantled them
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Trump accuses hospitals of hoarding ventilators as the US faces shortages
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California got 170 broken ventilators from feds; Silicon Valley is fixing them, Newsom says
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The U.S. Tried to Build a New Fleet of Ventilators. The Mission Failed.
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Desperate for medical equipment, states encounter a beleaguered national stockpile
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Pentagon Taps Four Contractors to Build 8,000 Ventilators
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New York hospital uses one ventilator on two patients Cuomo Says New York Needs 30,000 Ventilators at State’s Apex
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One Louisiana hospital is using brown paper bags by the ICU doors to store used masks
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Health care workers protest lack of equipment
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Why are so many young people being hospitalized with severe cases of coronavirus?
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17-year-old dies of coronavirus, was turned away for lacking insurance
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NJ gov slams 47-person ‘corona party’ after earlier warning against gatherings: ‘This is not a game’
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‘The attack rate is relatively high as there’s no immunity to it.’ Why coronavirus was never going to be just another flu
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Darling, Let’s Do Coronavirus in the Hamptons This Year Hamptons Leaders Appeal for Travel Restrictions to the Area Amid Influx of New Yorkers
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Rhode Island will knock on doors and stop cars to find New Yorkers to slow the spread of coronavirus
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Here’s what the Javits Center, a glittering mega-event venue in New York City, looks like as a hospital
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How the United States fell dangerously behind in coronavirus testing
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Why coronavirus antibody testing in one Colorado town could provide a way forward
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Silent Coronavirus Spreaders Could Unleash Second Wave of Disaster
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US COVID-19 Tests per Day #TestAndTrace
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Rich and famous get COVID-19 test but average people can’t
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Abbott receives approval for test that can detect coronavirus in 5 minutes
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Promised drive-through testing sites haven't materialized
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Developing a vaccine takes 10 years. Sanofi seeks to do so within 18 months
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The Lost Month: How a Failure to Test Blinded the U.S. to Covid-19
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Coronavirus cases hit 2 largest US cities differently
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Terrifying cellphone ‘heat map’ shows just how much people are still traveling
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NYC should be ready for coronavirus restrictions to be ongoing, ‘false hope’ for Easter opening: de Blasio
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The US is well on the way to having a coronavirus outbreak worse than China's or even Italy's
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Quarantined Doctors Turn to Video Chats So They Can See Patients
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21-Year-Old Tests Positive After Online Post Bragging About Not Social Distancing
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Head of Massachusetts Department of Public Health diagnosed with coronavirus
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These ‘mission critical’ federal employees and contractors are still reporting to the office. They’re terrified they’ll get sick.
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PA: State could reopen shuttered medical center
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Cigna and Humana waive coronavirus treatment costs
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Autos:

Impacts to Automotive Supply Chains from COVID-19
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Strategies to Help Mitigate the Immediate Impacts of the Coronavirus Shutdown on Automotive Suppliers
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GM Agrees to $120 Million Settlement to Resolve Ignition Suits GM, After Six-Year Battle, Settles Another Ignition-Switch Lawsuit for $120 Million
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Trump is attacking GM on Twitter after a report said the White House was reconsidering a deal to have the automaker help produce ventilators Trump slams GM, says auto maker should start making ventilators ‘NOW!!!!!!’ Trump orders General Motors to make ventilators under Defense Production Act CEO of ventilator maker speaks out as Trump invokes Defense Production Act
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Toyota Seeks $9 Billion Credit Line From Two Japan Banks
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Detroit Auto Show Canceled
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Entertainment:

ViacomCBS Eyes Cost Savings as Virus Crisis Could Have "Material" Impact ViacomCBS announces $2.5 billion debt offering
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Skiing:

Ski Vacation Hot Spot Becomes Coronavirus Ground Zero in Idaho
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Tourism:

Florida Keys, which welcomes all to 'come as you are,' is closed to visitors amid coronavirus outbreak
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Nursing Homes:

At a nursing home for L.A.’s wealthy, coronavirus diagnoses stir anger and questions
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Trucking:

Alone on the Road, a Trucker’s Long Haul as America Fights the Virus
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Satellites:

Softbank-backed satellite startup OneWeb files for bankruptcy OneWeb files Chapter 11 bankruptcy OneWeb Files for Chapter 11 Bankruptcy OneWeb files for bankruptcy protection SpaceX Rival OneWeb To File For Bankruptcy As Soon As Today, With 74 Satellites Still In Orbit
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Gambling:

MGM Doesn’t Plan to Take U.S. Loans Under Coronavirus Stimulus
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Newspapers:

Bail Out Journalists, Let Papers Chains Die
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Sports:

Sports franchises could qualify for loans under $2 trillion coronavirus relief bill
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No games, big losses: Money crisis faces US Olympic sports
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Messi, Ronaldo and world’s best paid footballers set for wage cuts
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Billionaire Ballmer Says Clippers Will Lose at Least $10 Million
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Economy:

Trump extends distancing guidelines through April 30 to keep US death toll below 100,000 Trump says peak coronavirus deaths in 2 weeks, extends shutdown
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Global Consumer Default Wave Coming
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A top Republican wants to hold off on additional coronavirus aid
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The only way to 'reopen the economy' is to stop the spread of the coronavirus
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Attention Slowly Turns to the Mother of All Coronavirus Questions
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The next American struggle: Waiting out the coronavirus
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Coronavirus: So the Economy Was Not as Strong as It Seemed
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World's CEOs Don't Have a Clue Either
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‘Nothing is out of the question’: What it would take for the Fed to start buying stocks
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Coronavirus will thrust most economies into ‘deep freeze’ for months, analyst says
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Nobel Prize-winning economist Joseph Stiglitz says US unemployment could reach 30% before the coronavirus outbreak wanes — and warns of systemic issues that could make any recovery slow and painful
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Kansas City Fed: "Tenth District Services Activity Decreased Significantly"
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Treasury yields fall with coronavirus shutdowns set to drag on
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A food crisis looms as coronavirus forces countries to hoard supplies
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Fixing America's broken coronavirus supply chain
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Inside the start of the great virus airlift
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Getting Cash For Your Small Business Through The CARES Act
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The US economy has come to a standstill, satellite imagery shows
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Governors are starting to tighten their borders. The implications are staggering.
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The Fed Brings the Global Financial System Back From the Abyss
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‘We Have Lost It All’: The Shock Felt by Millions of Unemployed Americans
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State data indicates we’re headed for another record unemployment week
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This is Not a One Quarter Event
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Dawn of America's First Post Pandemic Age
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Coronavirus shutdown won’t hurt economy in long run, Fed study says
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BLS: February Unemployment rates at New Series Lows in Six States
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Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest
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Personal Income increased 0.6% in February, Spending increased 0.2%, Core PCE increase 0.2%
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Big companies raise record sums from bond market in dash for cash
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April Bills Loom. The Economy Hangs on How Many Are Left Unpaid.
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The people running the world’s biggest companies have no idea what’s going to happen, either
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Company looking to dock paychecks for those receiving stimulus checks
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The Fed's Cure Risks Being Worse Than the Disease
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Inside Trump's risky push to reopen the country amid the coronavirus crisis
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Map shows which cities and states are under lockdown
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The 'Dr.Doom' economist lays out 3 reasons why the coronavirus-induced US recession could become a 'Greater Depression'
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IMF Chief: ‘Clear We Have Entered Recession’
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Biggest U.S. Banks Flooded With Deposits in ‘Flight to Quality’
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Trump is considering ‘enforceable’ quarantine on New York, New Jersey and parts of Connecticut Trump quarantine of New York would accomplish little, experts say Trump backtracks on a quarantine order for New York, New Jersey, and Connecticut, saying it will 'not be necessary' Mnuchin: Virus task force unanimously shunned Trump’s quarantine idea Fauci says Trump agreed not to invoke a strict quarantine after intensive discussions Cuomo pushed back on Trump's suggestion to quarantine the entire tristate area of New York: 'I don't know how that could be legally enforceable' Biden Backs Nationwide Shutdown to Slow Coronavirus The Great American Migration of 2020: On the move to escape the coronavirus Hamptons seek travel ban on corona-fleeing New Yorkers from Cuomo Armed 'vigilantes' on Maine island 'cut down a tree and use it as a roadblock to quarantine' three men from New Jersey With coronavirus spread, out-of-state visitors seek safe havens in Texas ‘We are Trying to Protect Our Own’: The Towns Keeping Part-Timers Out Florida coronavirus cases pass 4000: state border checkpoints begin, vacation rentals halted States impose new restrictions on travelers from New York Lockdowns Are the New Normal Traveling to Texas from coronavirus hotspots? You'll be required to self-quarantine for 14 days once you get here Hamptons seek travel ban on corona-fleeing New Yorkers New Yorkers flee to Hamptons, Catskills amid coronavirus fears 'Not just a big city issue': Coronavirus cases soar in rural America popular with tourists More countries crack down on travel to slow coronavirus spread Alaska becomes latest state to issue coronavirus stay-at-home order Rhode Island Governor Issues Stay-at-Home Order Until April 13 California lawmakers plead: fight virus, don’t pack beaches Strip Clubs, Gun Shops and Party Promoters Provide Headaches for Los Angeles Officials in Coronavirus Lockdown Germany won’t lift coronavirus restrictions before April 20: Chancellory
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As states crack down on gatherings, some religious exemptions could keep pews full
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Pandemic Shutdowns Work for the Economy, Too Shutting down the economy during a pandemic may be the best way to protect the economy
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Trump appoints Peter Navarro to enforce Defense Production Act
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De Blasio says New Yorkers should be 'ready' for the city to stay closed until the end of May and predicts 'more than half' of the 8.6million population will become infected with coronavirus - as cases rise to 25,398
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Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation Who got special deals in the stimulus and why they got them $2 trillion coronavirus stimulus bill includes tax break for buying tampons Virus Bill Set for Swift House Passage, But Stimulus May Be Slow Coronavirus stimulus will make Mnuchin 'one of the most powerful Cabinet members in modern history' IRS likely challenged in sending recovery payments out on time Treasury Secretary says expect stimulus checks to be direct deposited within 3 weeks Trump's top economic adviser says Americans can expect coronavirus stimulus checks to show up in their bank accounts 'in a couple of weeks'
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The $2 trillion coronavirus rescue package is more than double the size of Obama's stimulus plan — but it may only salvage the economy for a few months
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The huge coronavirus bailouts will need to be paid back. Or will they?
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Mnuchin Says Small Business Loans Up and Running This Week
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Governments, central banks must boost efforts to help economies cope with crisis: BIS chief
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Congress locks Trump oversight into $2.2 trillion package Trump pushes back against congressional oversight for $500 billion bailout fund Trump Claims Power to Gag Watchdog Overseeing Virus Stimulus
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Lawmakers already planning more coronavirus stimulus after $2T package
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A Guide to Who’s Seeking Stimulus, From Manufacturers to Casinos
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Four Big Questions About the $2 Trillion Relief Deal
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The Race for Virus Money is on. Lobbyists Are Standing by.
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Fiorina criticizes coronavirus relief bill, says large companies haven’t ‘earned’ help
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Who Is Eligible For Small Business Loans In The Economic Stimulus Package?
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The century-old company that invented the checkbook may be a key coronavirus economic player
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What life is like now for the 3 million Americans suddenly out of work
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Bill Gates warns lockdown could last 10 WEEKS and should be ‘nationwide’ – as Trump wants to restart economy in days
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Advisers steer Trump to drop back-to-work deadline Trump adviser outlines cautious approach for reopening economy Republican strategists believe Trump flexible on wish to unlock the country by Easter Coronavirus in US: Is Trump Right About Restarting Economy By Easter? What Dr. Fauci Said About Claims FDA Looks Past Easter to Reopen Despite Trump’s Aspirations Trump is prioritizing the economy over the vulnerable We Can Safely Restart the Economy in June. Here’s How WaPost Board Hits Trump With Chilling Reality Check About Reopening For Easter Task force receives recommendations on reducing social distancing
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Fauci says that lifting lockdowns is 'a matter of weeks' and depends on the availability of 15-minute coronavirus testing
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Covid-19: Bosses panic-buy spy software to keep tabs on remote workers
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Trump administration plans three-month suspension of import-tariff collection
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How the Pandemic Crash Compares With Slumps of the Last Century
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How the coronavirus pandemic could change the way businesses treat workers and customers
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Coronavirus will hit emerging markets with devastating force The Coronavirus Is the Biggest Emerging Markets Crisis Ever
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L.A. expands sick leave amid coronavirus — but only for employees at big companies
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Price Gouging Complaints Surge Amid Coronavirus Pandemic
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Biden calls for widespread application of Defense Production Act
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Coronavirus pushes traditional businesses into the digital age
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

The State of the Housing Market Today, as of Early Spring 2020
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Mortgage bankers warn Fed mortgage purchases are forcing margin calls
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New Jersey governor announces 90-day mortgage grace period, threatens to ‘make an example’ of landlords who evict
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California bans evictions for 60 days, shielding tenants from coronavirus impact Gov. Newsom orders statewide ban on evictions for renters affected by coronavirus
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Biden, Sanders Demand 3-Month Freeze on Rent Payments, Eviction of Tenants Across U.S.
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Municipalities:

Judge orders delay in Puerto Rico bankruptcy
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Historic Missouri town could go bankrupt if financial assistance doesn’t come soon because of coronavirus crisis
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Coronavirus deals one-two financial punch to state budgets
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Here are the 19 US states that are in the best fiscal position for a recession
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Oil/Gas:

Oil Industry Braces for Biggest Idling of Wells in 35 Years
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Energy Restructurings Affected by COVID-19 Pandemic
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Oklahoma energy producer Chaparral seeks debt advice - sources
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Valaris Loses Last Remaining High-Margin Contract, Retains Restructuring Advisors
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California Resources Said to Mull Bankruptcy as Debt Mounts
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Dan Yergin: April’s oil demand may plunge by 20 million barrels a day
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Oil falls to 17-year low as Saudi-Russia feud continues, coronavirus hits demand
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Is the U.S. Also to Blame in the Oil Price War?
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Oil bust and pandemic strike double blow for Texas
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Pipelines Ask U.S. Oil Drillers to Curb Output as Tanks Fill Up
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OPEC Members Aren’t Backing Request for Urgent Consultations
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Canadian Heavy Crude Down to $5 a Barrel
(DBN)

Unexpected Punches Hurt, But Midstream Looks Oversold
(DBN)

Fed Survey Points To Oil Industry Pain: Pandemic Exacts Toll
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Biofuel:

Green Fuel Plants Are Shutting Down and Some May Never Come Back
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Cruise Lines:

'Help us': Passengers stranded on a coronavirus-stricken cruise ship where 4 people have died say they're 'sitting ducks' and living a 'nightmare' ‘Very scary’: pleas for safe harbour from stranded cruise ship near Panama
(DBN)

‘God Knows How Many People We Infected’: New Rules Aim to Get Exposed Passengers Home
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'My big fear is being carried off this ship in a box instead of walking off': An elderly veteran couple trapped aboard coronavirus-stricken cruise says US should help
(DBN)

Interstate coronavirus cases from Ruby Princess jump as more than 100 outside NSW test positive
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Stranded Holland America cruise ship with 2 confirmed COVID-19 cases will be allowed to cross the Panama Canal
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Retailing:

Modell's Bankruptcy Pause 'Extraordinary Relief Under Extraordinary Circumstances'
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Adidas under fire for holding back rent payments because of coronavirus
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US mall owner Taubman is telling tenants they must pay rent amid coronavirus
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US retail sector teeters on the brink as 630,000 outlets close
(DBN)

Bankrupt Lucky’s Market to sell 23 stores, distribution center for $29 million
(DBN)

Amazon to run daily temperature checks for workers after ‘17 locations reported coronavirus outbreaks’
(DBN)

Amazon workers plan strike at Staten Island warehouse to demand coronavirus protections
(DBN)

GameStop reportedly told employees to wrap their hands in plastic bags while they continued working during the coronavirus outbreak
(DBN)

As retailers extend store closures past the two-week mark, tougher decisions need to be made
(DBN)

Billionaire Mike Ashley Apologizes After Questioning Shutdown Order
(DBN)

Amazon, Walmart, Lowe’s and others are hiring to fill 444,000 job openings amid coronavirus demand
(DBN)

If Christian Siriano can sew 500 masks a day, why can't Jeff Bezos, the richest man in the world, find a way to have masks made for his warehouse workers?
(DBN)

At Two Fashion Resale Warehouses, Workers Fear for Their Safety
(DBN)

Sears Holdings Could Remain In Ch.11 Bankruptcy For Another Year
(DBN)

____________

Banking:

Washington quietly prepares a bank rescue — just in case
(DBN)

March 2020: Unofficial Problem Bank list Increased to 65 Institutions
(DBN)

____________

Aviation:

Many of the world's airlines could be bankrupt by May because of the COVID-19 crisis, according to an aviation consultancy. These airlines have already collapsed because of the pandemic.
(DBN)

Consolidating flights to US cities could help stem airline industry losses
(DBN)

Private-jet companies could get billions in aid from coronavirus bailout
(DBN)

The airlines most in danger of succumbing to pandemic
(DBN)

Aircraft lessors cheered by US airline bailout
(DBN)

Thousands of grounded planes. Nearly empty flights. How the coronavirus is affecting US airlines
(DBN)

American, Delta plan additional flight cuts for May amid coronavirus pandemic
(DBN)

90% fewer passengers are flying than last year because of coronavirus, TSA says
(DBN)

Airlines warn government aid ‘not a cure’ for coronavirus travel plunge
(DBN)

Two Major Airlines Cut Additional Flights Amid Outbreak
(DBN)

Airlines Tell Employees to Prepare for Difficult Times
(DBN)

A flight attendant dies, and colleagues are 'very much on edge'
(DBN)

____________

Taxis:

This Uber driver made $600 a week before the coronavirus outbreak — now he makes $0
(DBN)

____________

Hotels:

Airbnb freezes hiring and suspends marketing due to coronavirus
(DBN)

____________

Religion:

Florida church jammed for Sunday service, despite pandemic
(DBN)

Pope faces coronavirus 'tempest' alone in St Peter's Square
(DBN)

US Catholic bishops ease Lent obligations on eating meat amid coronavirus
(DBN)

New York cardinal hopes coronavirus crisis stirs ‘newfound respect’ for life
(DBN)

Most Houses Of Worship Are Closed Because Of Coronavirus, But A New Poll Shows Some Are Still Attending Services
(DBN)

____________

M&A:

COVID-19 and Representation and Warranty Insurance on US M&A Deals: Considerations for Buyers and Sellers
(DBN)

____________

Education:

There’s no returning to regular schooling as online learning goes mainstream
(DBN)

With Coronavirus Disrupting College, Should Every Student Pass?
(DBN)

To salvage the semester, college professors make a rapid turn to teaching online
(DBN)

Should Schools Close to Fight Virus? These Places Say No
(DBN)

Toddlers are taking online preschool classes using Zoom in the age of coronavirus featuring scavenger hunts, sing alongs, and yoga
(DBN)

____________

Utilities:

PG&E to use wildfire victims fund to pay for past crimes PG&E sparks outrage after unveiling plan to pay a $4million fine
(DBN)

U.S. Power Demand to be ‘Profoundly’ Hit as Lockdowns Spread
(DBN)

____________

History:

They Survived the Spanish Flu, the Depression and the Holocaust
(DBN)

Historians: Life May Change for Everyone
(DBN)

____________

Museums:

Museums warn of insolvency after coronavirus shutdown
(DBN)

____________

Taxis:

The ride hailing industry is getting turned on its head by coronavirus
(DBN)

____________

Accounting:

KPMG chair Bill Michael hospitalized with coronavirus
(DBN)

____________

Amusement Parks:

Disneyland and Walt Disney World to remain closed because of coronavirus Disneyland and Walt Disney World Now Indefinitely Closed Amid Coronavirus Outbreak
(DBN)

____________

Apparel:

Coronavirus triggers collapse in garment industry demand, risking jobs in Asia
(DBN)

____________

Student Debt:

Student Loan Forbearance In The Coronavirus (COVID-19) Stimulus: What You Need To Know
(DBN)

____________

Celebs:

President Trump says US won’t cover Harry and Meghan’s security costs
(DBN)

Tone Deaf David Geffen: I'm OK on My Yacht
(DBN)

____________

 


New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

Bankruptcy Cases Expected to Rise Significantly Due to Coronavirus Pandemic
(DBN)

______________

Suspension:

A Breathing Spell From The Breathing Spell – Should A Chapter 11 Case Be Suspended During COVID-19?
(DBN)

____________

Corporate Governance:

'Shareholders come last': Billionaire entrepreneur Mark Cuban says CEOs should prioritize employees and their families in coronavirus crisis
(DBN)

____________

Contracts:

Coronavirus as an Act of God: Force Majeure Clauses Explained
(DBN)

____________

Bankruptcy Reform:

Changes to the Bankruptcy Code Under the CARES Act
(DBN)

____________

Litigation:

Freeze in Most Civil Filings Brings Concern, Frustration for New York Litigators
(DBN)

____________

Preclusion:

State Judgment Has Preclusive Effect in Bankruptcy Proceeding
(DBN)

____________

Personal Finance:

What the $2 trillion stimulus means for you — and how the ‘recovery rebates’ to households will be calculated
(DBN)

‘This is such a blatant disregard for the coronavirus advice from the CDC.’ Can my employer force me to go to work?
(DBN)

Grandma is gone: Coronavirus keeps kids from older family
(DBN)

Stimulus Check: Americans Who Owe Child Support Should Know This
(DBN)

How to make an effective face mask at home
(DBN)

Check Is in the Mail? For Many Bill Payers, It Won’t Be
(DBN)

One of my coworkers was diagnosed with coronavirus, but the office was not cleaned. Can I be fired for refusing to go in?
(DBN)

Solitary refinement: a lockdown survival guide
(DBN)

You can’t get fired for having the coronavirus, but your boss can take your temperature — how the COVID-19 pandemic is reshaping workplace laws
(DBN)

Shedding tears, negotiating refunds and Zoom weddings: Getting married in the age of coronavirus
(DBN)

2 experts share advice for safely shopping for groceries during the coronavirus pandemic
(DBN)

How Not to Tank Your Relationship in Quarantine
(DBN)

Costco employees reveal 9 insider tips for shopping at the warehouse store during the coronavirus pandemic
(DBN)

Parents Work on the Front Lines. Where Do Their Children Go All Day?
(DBN)

____________

Food/Beverage:

'We are working 10 times harder for no reason': Desperate, terrified fast-food workers in the US expose the bleak reality of working during the coronavirus outbreak
(DBN)

'Blindsided' with no backup plan and rents closing in: Laid-off NYC restaurant workers describe how their lives have changed as their industry collapses
(DBN)

$2 Trillion Virus Bill Leaves ‘Gaping Holes’ For Restaurant Industry
(DBN)

I own 2 restaurants. This is how I'm getting through the coronavirus pandemic.
(DBN)

Pizzeria borrows to keep workers on job, spurs donations
(DBN)

New Orleans Restaurants, Used to Disasters, Reckon With Something Worse
(DBN)

Carluccio’s considering insolvency options as coronavirus bites
(DBN)

Demand for online ordering leaves grocery stores scrambling, customers waiting
(DBN)

Instacart Shoppers Plan to Strike Over Coronavirus Protections
(DBN)

What Happens If Workers Cutting Up the Nation’s Meat Get Sick?
(DBN)

Lady Gaga’s dad slammed for asking for donations to pay restaurant staff
(DBN)

French Laundry restaurateur Thomas Keller sues insurer for coronavirus losses
(DBN)

____________

Hedge Funds:

Allianz liquidates two hedge funds after losses
(DBN)

____________

Politics:

‘President Cuomo’ Is New Daydream for Those Fretting Over Biden
(DBN)

Hawks no more: Fiscal conservatives embrace rescue package
(DBN)

Trump says he told Pence not to call governors who aren’t ‘appreciative’ of White House coronavirus efforts Trump boosts virus aid, warns governors to be 'appreciative' Joe Biden On Trump’s Spat With Governors: ‘This Is Not Personal. Do Your Job.’
(DBN)

Trump struggles with tone in virus crisis, aides urge more empathy
(DBN)

Trump vaunts his TV ratings amid virus pandemic As the pandemic rages, the president brags
(DBN)

Governor says shipments of supplies ‘canceled’ or ‘delayed’ and sent to federal government Gretchen Whitmer takes on Trump as coronavirus cases rise in Michigan
(DBN)

NBC’s Chuck Todd under fire for asking Biden if Trump has ‘blood on his hands’ for delayed coronavirus response
(DBN)

Some U.S. governors have stepped up during coronavirus crisis, others not so much
(DBN)

Even in states hit harder by the coronavirus, views of the outbreak correlate to partisanship
(DBN)

Joe Biden Thinks All-Mail Ballots Are “Worth Looking At, Quickly” Joe Biden’s message on coronavirus: It’s time to tell the unvarnished truth Biden Admits ‘Frustration,’ Demands Urgency from Trump on Virus
(DBN)

Trump, Biden neck and neck in 2020 presidential race: new poll
(DBN)

Trump FactCheck: Nancy Pelosi’s coronavirus bill includes “tax credits for solar and wind energy … retirement plans for community newspaper employees … $300 million for PBS … climate change studies” and more
(DBN)

Mayors say they can’t get supplies needed for crisis
(DBN)

Trump makes another round of misstatements during coronavirus briefing Analyzing the Patterns in Trump’s Falsehoods Abut Coronavirus
(DBN)

Donald Trump Struggles To Catch His Breath During Coronavirus Briefing, Holds On To Podium
(DBN)

Trump praises Mayor de Blasio: ‘I’ve really gotten to like him’ amid coronavirus crisis
(DBN)

Mississippi Governor Creating ‘Mass Confusion and Panic’ Amid Pandemic
(DBN)

Trish Regan Out At Fox Business After Conspiracy Theory Coronavirus Rant
(DBN)

Twitter deleted a tweet by Rudy Giuliani for spreading coronavirus misinformation
(DBN)

With eye on election, Trump in high-stakes balancing act over coronavirus response
(DBN)

GOP Rep. Thomas Massie Outrages House, Trump With Attempts to Stall Coronavirus Relief Vote
(DBN)

Fox News Poll Shows Joe Biden Crushing Trump By 25 Points in Swing Counties
(DBN)

As virus threatens, U.S. embraces big government, for now
(DBN)

Democrats fret as Joe Biden becomes ‘irrelevant’ in coronavirus crisis
(DBN)

‘He Was Coughing Up Blood’: Sen. Amy Klobuchar On Husband’s Recovery From COVID-19
(DBN)

From power to ‘the plague’. This is what happened when one politician caught coronavirus
(DBN)

Medical Expert Who Corrects Trump Is Now a Target of the Far Right
(DBN)

Pennsylvania congressman tests positive for coronavirus
(DBN)

____________

Agribusiness:

Coronavirus hits already struggling US farmers: ‘We’ve stopped saying it can’t get worse’
(DBN)

Farmworkers key to keeping US fed are wary of virus spread
(DBN)

For Farmers, Stimulus Bill Means Subsidies Continue to Flow
(DBN)

____________

Environmental:

EPA cites COVID-19 as reason to suspend regulation of polluters
(DBN)

____________

UK:

UK to change insolvency rules to protect businesses UK announces new Insolvency Laws: What are they and how do they help support businesses? Bankruptcy experts say looser rules would give U.K firms ‘breathing space’ to weather COVID-19 Government relaxes insolvency rules for struggling companies during coronavirus crisis Bankruptcy laws and red tape to be ditched to help UK firms survive cornavirus crisis UK bankruptcy laws will change to help businesses stay afloat during coronavirus crisis, Business Secretary Alok Sharma announces
(DBN)

What UK tax measures and announcements have been made to date?
(DBN)

UK coronavirus home lockdown must last until JUNE and keep social distancing for ‘many months’, top health chief warns
(DBN)

UK lockdown measures could last 6 months
(DBN)

UK start-ups call for emergency support to help them survive coronavirus crisis
(DBN)

Royal footman reportedly tests positive for coronavirus
(DBN)

Coronavirus: Boris Johnson's government reportedly furious with China
(DBN)

Public health experts blast Boris Johnson for ‘slow’ coronavirus response
(DBN)

Fruit and veg ‘will run out’ unless Britain charters planes to fly in farm workers from eastern Europe
(DBN)

Fitch downgrades UK debt citing coronavirus impact
(DBN)

Self-employed forced on to breadline with no government help
(DBN)

____________

EU:

From Spain to Germany, Farmers Warn of Fresh Food Shortages
(DBN)

ECB Asks Banks To Halt Dividends Over Virus Crisis
(DBN)

EU backs bank rule delay to spur crisis lending
(DBN)

Go-it-alone ‘coronabonds’ are a worth the risk
(DBN)

Merkel Says Germany Virus Lockdown Rules Unlikely to Be Eased
(DBN)

France, Italy Step Up Push For Crisis Tools Resisted by Germany
(DBN)

Europe’s Leaders Are at Loggerheads Over Coronabonds
(DBN)

Coronavirus shakes foundations of the European Union
(DBN)

Epidemic infects Europe with 'germ of division'
(DBN)

A day in the life of a doctor battling one of Europe’s worst coronavirus outbreaks
(DBN)

Coronavirus Pandemic: Europe Wasn’t Ready and It May Never Fully Recover
(DBN)

____________

PIIGS:

More Than 50 Doctors in Italy Have Now Died From Coronavirus Italian doctors demand protective supplies as coronavirus deaths climb
(DBN)

Italy's Deaths from Coronavirus Cross 10,000 Italy’s death toll surpasses 10,000 as prime minister warns of rising ‘nationalist instincts’
(DBN)

Italy, Spain suffer record virus deaths as British PM tests positive
(DBN)

In Rome's hospitals, nightfall brings nightmares, fear of death Lockdown in Rome: ‘We are living in the future of the pandemic’
(DBN)

Italy Set to Extend Containment as New Stimulus Under Discussion
(DBN)

Italy’s coronavirus death toll passes 10,000. Many are asking why the fatality rate is so high
(DBN)

Spain tightens lockdown as coronavirus death toll spikes Spain orders all non-essential workers to stay at home for two weeks
(DBN)

In Spain, austerity legacy cripples coronavirus fight
(DBN)

Ireland may ease coronavirus restrictions from mid-April
(DBN)

____________

Canada:

COVID-19 Considerations from Our Bankruptcy & Restructuring Experts
(DBN)

The Sky’s the Limit for Stimulus in Canada’s Bid to Salvage Economy
(DBN)

Canada to Stop Symptomatic People From Boarding Domestic Flights
(DBN)

B.C. restaurant owners plead for government help amid coronavirus crisis in new campaign
(DBN)

Bank of Canada ventures into uncharted territory to fight coronavirus fallout
(DBN)

____________

Australia:

Australia to Quarantine All International Air Arrivals
(DBN)

Australia Unemployment Could Hit 12% in Fastest Slump Since WWII
(DBN)

Australia tightens quarantine rules to combat coronavirus, warns of fines
(DBN)

____________

Mexico:

Mexican president toughens stance, urges people to stay home to contain pandemic
(DBN)

Mexican doctors fear coronavirus pandemic leading to grim scenario
(DBN)

Hugs, Kisses, Dining Out During Virus Raise Fear in Mexico
(DBN)

____________

Finland:

Finland blocks roads to Helsinki to curb coronavirus spread
(DBN)

____________

China:

Stacks of Urns in Wuhan Prompt New Questions of Virus’s Toll
(DBN)

Riots erupt in China's coronavirus epicentre Wuhan - where deadly bug was detected last year – as lockdown travel restrictions are lifted for first time in two months for 11 million people - but they’re still not allowed to leave the city Dozens Clash on Hubei Border After China Lifts Virus Quarantine
(DBN)

Sen. Josh Hawley: Investigate China’s coronavirus actions and make Beijing pay for lives and billions lost
(DBN)

Trump Sent Medical Gear to China?
(DBN)

____________

Africa:

Virus prevention measures turn violent in parts of Africa
(DBN)

South Africa Gets Full House of Junk Ratings After Moody’s Cut
(DBN)

____________

Sweden:

No lockdown here: Sweden defends its more relaxed coronavirus strategy
(DBN)

____________

Vietnam:

Vietnam’s GDP Growth Slows in First Quarter as Virus Hits
(DBN)

Hanoi’s Largest Hospital Locked Down on Virus Outbreak Fears
(DBN)

____________

Russia:

Russia to Close Borders as Coronavirus Crisis Escalates
(DBN)

Moscow mayor orders all residents to stay at home
(DBN)

____________

India:

India Boosts Cash With Banks, Halts Loan Repayments to Aid Firms
(DBN)

'Super-spreader' guru puts Indian villages on high alert
(DBN)

India’s sudden lockdown threatens food supply chains
(DBN)

Insolvency resolution to exclude lockdown period from 330-day time frame
(DBN)

Bankruptcy deadlines relaxed: IBC activity falling behind during lockdown can be finished later
(DBN)

The (Active) Involvement of Directors during Insolvency Proceedings
(DBN)

____________

Singapore:

Singapore’s PM Warns Nation Is Facing ‘Very Grave Situation’ Coronavirus is ‘a serious crisis’ for Singapore, says deputy prime minister
(DBN)

Surviving the COVID-19 crisis – A legal perspective for businesses and corporates in Singapore
(DBN)

____________

Argentina:

Argentina Sacrifices Economy to Ward Off Virus, Winning Praise
(DBN)

____________

Brazil:

Bolsonaro urges end to social distancing?????
(DBN)

Brazil's Bolsonaro questions coronavirus deaths, says 'sorry, some will die'
(DBN)

Doctor working with Amazon tribe tests positive for coronavirus
(DBN)

____________

Turkey:

Turkey halts intercity trains, limits domestic flights over virus outbreak
(DBN)

____________

Germany:

Germany will issue coronavirus antibody certificates to allow quarantined to re-enter society
(DBN)

Economic advisers: Coronavirus may see German GDP dip by over 5%
(DBN)

____________

MENA:

Not since the Black Plague have Jerusalem's holy alleys fallen so still
(DBN)

‘No one is coming’: silence across the Holy Land as coronavirus empties religious sites
(DBN)

Prisoners riot in Iran amid region’s worst virus outbreak
(DBN)

Islamic State Militants Riot, Escape Prison in Syria
(DBN)

____________

Japan:

Japan coronavirus cases surge as hopes of avoiding a lockdown fade “This may be the tip of the iceberg”: Why Japan’s coronavirus crisis may be just beginning Japan to Extend Stimulus on Unprecedented Scale, Abe Says Can Japan’s Economy Get Any Worse? It May Soon Find Out
(DBN)

Japan to Ban Travel from US, China, EU
(DBN)

___________


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