May 1, 2020

The Daily Bankruptcy News

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Law:

Am Law 100 Firm Slashes Salaries, Furloughs Lawyers And Staff
(DBN)

Some law firms will die without quick cuts, consultant says; which ones acted this past week?
(DBN)

Squire Patton Boggs Offers Summer Associates Jobs, Nixes Program
(DBN)

More firms slash working hours, pay
(DBN)

Attorney: This is what we need to stave off bankruptcy 'domino effect'
(DBN)

Milbank lawyer fired for fear-mongering mentoring scheme
(DBN)

One Of Vault’s Best Firms In The Mid-Atlantic Is Laying Off Associates And Taking Other Steps To Cut Costs
(DBN)

The In-House Gender Pay Gap Is Real
(DBN)

For some law students, clinic work during COVID-19 feels more real than ever before
(DBN)

Bar exam does little to ensure attorney competence, say lawyers in diploma privilege state
(DBN)

The Plan To Reopen Biglaw (And The Rest Of The Legal Profession)
(DBN)

Lawyering From A Pandemic (Part IV)
(DBN)

The 2020 Biglaw Billion-Dollar Club
(DBN)

Is a client using your legal services to commit a crime? New ethics opinion outlines your duty to inquire
(DBN)

ABA Annual Meeting will be held online, Board of Governors decides
(DBN)

Top Law School To Accept Students Without LSAT Or GRE Thanks To COVID-19
(DBN)

To Chart a Post-Virus Litigation Timeline, Follow the Money
(DBN)

Kirkland’s Nicole Washington Finds Balance
(DBN)

Choosing Remote Working Technology For Your Law Firm In 2020: A How-To Guide
(DBN)

See the video: BigLaw firm associate sings and raps stay-at-home hero song
(DBN)

Has The Coronavirus Crisis Changed The Way Your Law Firm Manages Transactions?
(DBN)

Tenth Circuit Affirms Kansas’s Kris Kobach Is NOT GREAT AT LAW
(DBN)

Become Cult Hero Of Coronavirus Times In Your Community
(DBN)

Roger Stone moves to appeal conviction and denial of new trial Roger Stone bought more than 200 fake Facebook accounts, which he used to run ads defending Roger Stone Roger Stone Begins New Battle in Legal War, Will Appeal Conviction and Sentence
(DBN)

Trump Renews Criticism of Flynn Case, Signaling Possible Pardon The new Michael Flynn documents aren’t the bombshell Trump is making them out to be Pence Said He Doesn’t Think Michael Flynn Lied to Him, and Trump Didn't Rule Out Re-Hiring Flynn Weeks Before Flynn’s Fateful FBI Interview, Peter Strzok Derailed Attempt to Close the Case Two Former FBI Agents See the Handling of the Michael Flynn Interview Completely Differently Pence says he's "more inclined to believe" Flynn unintentionally lied
(DBN)

Trump Administration Considers Stripping China of Sovereign Immunity Over Coronavirus Response: Report
(DBN)

Second lawmaker sues over Illinois stay-at-home order; first plaintiff won limited TRO
(DBN)

Michigan’s Democratic Governor Beats Legal Challenge to Stay-at-Home Order in State Court
(DBN)

Armed vigilantes stand guard outside Texas businesses to 'protect their constitutional right to open' in face of state's strict stay-at-home measures
(DBN)

Man shoots mail carrier because he was upset over stimulus check, Indiana officials say
(DBN)

‘Grey’s Anatomy’ treatment of sexual assault hits home during COVID-19 pandemic
(DBN)

Hedge Fund Sues Target Company For Being Mean To It
(DBN)

Lawyer struck off for briefcase lie raises thousands for appeal
(DBN)

Bonkers Law firm website: Keeping it old school
(DBN)

Lawyer is charged in alleged plot to sell KN95 masks at 50% markup
(DBN)

Robert Durst Defense Asks for Mistrial Because Pandemic Delayed Proceedings for Too Long
(DBN)

How To Nab Suspects While Social Distancing? Police Try Giant Tongs
(DBN)

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Judges:

Federal Judicial Clerkship Hiring Process Revamped Due to COVID-19
(DBN)

Out of pace with reality? PACER's flaws run counter to original purpose of increasing access to law
(DBN)

Federal Judge Says He Can’t Order Immigration Courts to Close Over COVID-19
(DBN)

Follow from Home the Supreme Court’s First Livestream Arguments
(DBN)

What will change when SCOTUS hears oral arguments by phone?
(DBN)

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Wall Street:

U.K. stocks and U.S. futures fall as Trump threatens China with tariffs and earnings spook investors Dow set to fall more than 400 points after best month in three decades, Amazon leading tech lower
(DBN)

U.S. stocks end lower as coronavirus claims more than 30 million American jobs, trade-war fears rekindle Wall St. caps best month in decades with broad sell-off Dow, S&P 500 post best month since 1987
(DBN)

Warren Buffett's favorite stock-market indicator hits record high, signaling a crash could be coming
(DBN)

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Layoffs:

Scooter startup Lime is laying off 80 more workers as coronavirus obliterates its path to profitability
(DBN)

Alaska oil field service companies alert state to layoffs
(DBN)

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Autos:

Detroit Is Still Divided Over What It’ll Take to Make Cars Again
(DBN)

Elon Musk is worried about not being able to resume production in the Bay Area, says it's a 'serious risk' to Tesla's business
(DBN)

Elon Musk Eyes A $750 Million Payday
(DBN)

Einhorn Questions Tesla's Accounting
(DBN)

New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts
(DBN)

Auto industry post Covid-19: Stewardship of cash and capital
(DBN)

Hertz Is Said to Weigh Filing for Bankruptcy. Here’s What It Could Mean for Auto Stocks.
(DBN)

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Food/Beverage:

Food Lines a Mile Long in America’s Second-Wealthiest State
(DBN)

Texas restaurant owner: We need to reopen at 100 percent or not at all
(DBN)

Restaurant group says industry will collapse if reopening restrictions aren’t relaxed
(DBN)

Tyson is doubling bonuses and increasing health benefits for frontline workers. At least 8 have died of coronavirus and over 1,180 have been infected.
(DBN)

Trump is keeping meatpacking plants open — but employees are scared to show up for work
(DBN)

Trump’s Order to Reopen Meat Plants Meets Major Pushback From Employees and Unions
(DBN)

The Coming Coronavirus Meat Shortages
(DBN)

Beef Prices Soar To Record High As Meatpacking Plants Shutter Where’s the Beef?
(DBN)

Chicken Emerges as Meat-Lovers’ Savior Amid Red-Meat Shortfalls
(DBN)

Arizona beer distributor dumps thousands of kegs due to low demand during pandemic
(DBN)

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Politics:

Armed protesters entered Michigan’s state capitol during rally against stay-at-home order
(DBN)

Consternation on Capitol Hill as Senate plans return next week: ‘No way to do this safely’
(DBN)

Can President Trump Be Reelected In An Economy This Bad?
(DBN)

As Trump spouts conspiracy theory, U.S. intelligence says coronavirus is not manmade, though it is examining Chinese lab Trump: I've Seen Evidence Coronavirus Came from Wuhan Lab
(DBN)

EU chief backs investigation into coronavirus origin and says China should be involved
(DBN)

What Trump wants to signal with his coronavirus town hall at the Lincoln Memorial
(DBN)

Dr. Anthony Fauci and Andrew Cuomo remain the most trusted leaders on coronavirus, while Donald Trump and Jared Kushner are the least trusted Governors in all 50 states get better marks than Trump for COVID response Coronavirus hero Cuomo helped create New York's disaster
(DBN)

Pence threatened to punish the reporter who proved his office knowingly ignored the rule that he needed a mask to visit the Mayo Clinic
(DBN)

West Point Graduates to Be in ‘Safety Bubble’ Before Trump Visit
(DBN)

Election handicapper moves South Carolina Senate race from 'firm' to 'likely' Republican
(DBN)

Trump is blaming Obama for leaving him with “broken tests” for a virus that didn’t exist. Yes, really. Trump uncorks nonsensical rant about Obama failing to deliver tests for virus that didn’t exist during Obama's presidency
(DBN)

Trump Responds to Reports That He ‘Threatened to Sue’ Campaign Manager Over Plummeting Poll Numbers
(DBN)

Joe Biden Picks Former Senator Who Was Accused of Sexual Assault to Help Lead VP Search
(DBN)

Trump says Biden should respond to Tara Reade allegations
(DBN)

Biden Offering First Direct Response To Sexual Assault Allegation Joe Biden responds to Tara Reade sexual assault allegations: ‘They aren’t true. This never happened’
(DBN)

California official calls for reopening so coronavirus can kill off the old and the weak: ‘It would also free up housing’ East Bay politician under fire for saying let coronavirus kill the elderly, weak and homeless
(DBN)

Why Won’t TV News Book Tara Reade?
(DBN)

Trump pollster finds strong demand for expanded absentee voting
(DBN)

Obama's former adviser Valerie Jarrett talks about Trump's 'flat-footed' response to the pandemic and advocates letting more people vote early and by mail
(DBN)

Next Gen Air Force One Already Over Budget
(DBN)

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Tech:

'What is an app?': Warren Buffett enlisted Apple CEO Tim Cook to teach him how to use his new iPhone
(DBN)

Global smartphone shipments suffer worst annual decline in first quarter, IDC says
(DBN)

Verizon says network usage is up 1,200% during coronavirus
(DBN)

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Agribusiness:

How to save small farmers from the coronavirus
(DBN)

Farmers dump their fruit, flowers and milk as coronavirus disrupts life
(DBN)

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Museums:

This is how bad things are for museums: They now have a green light to sell off their art
(DBN)

Museums prepare to reopen amid coronavirus crisis
(DBN)

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Pharma:

County Says Mallinckrodt Shouldn't Get Separate Opioid Trial
(DBN)

2 more Ohio counties to be subject of another opioid trial
(DBN)

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Economy:

The Fed expands its $600 billion lending program for struggling businesses but leaves start date unannounced
(DBN)

Personal Income decreased 2.0% in March, Spending decreased 7.5%
(DBN)

US billionaires add $282 billion to wealth in 23 days during crisis
(DBN)

Fortunes Are Made During Times Of Crisis
(DBN)

Global poll: Wide support for gender equality, except when jobs are scarce
(DBN)

Under Fed’s new criteria, Equifax, Nasdaq and Tiffany & Co. are ‘Main Street’ companies
(DBN)

Fed chair warns of 'heartbreaking' scenario as U.S. economy suffers worst first quarter since Great Recession
(DBN)

Trump's tariffs add to pandemic-induced turmoil of U.S. manufacturers
(DBN)

Cramer: Serious Recession, Not a Depression
(DBN)

Buffett Handling This Like Great Recession
(DBN)

Weekly Initial Unemployment Claims decrease to 3,839,000 Another 3.8 million Americans filed for unemployment last week States keep undercounting unemployment due to bad tech — the real numbers are even more shocking Official Florida jobless claims rise by 326,000—most of any state 30 million Americans have lost their jobs in 6 weeks Over 35 Million Americans Are Now Out Of Work And Millions More Will Join Them
(DBN)

Creaky unemployment systems plague jobless Americans
(DBN)

Extent of Unemployment Claims Backlog Is Unclear, U.S. Labor Secretary Says
(DBN)

Graham: 'Over our dead bodies' will Congress extend coronavirus unemployment benefit
(DBN)

'Tip Of The Iceberg': Economy Shrinks At 4.8% Pace, But Worst Is Yet To Come
(DBN)

US personal spending fell by the most on record in March as consumers stayed home
(DBN)

Trump is letting his social distancing guidelines expire, but 76% of Americans support or strongly support locking down for another 2 weeks US Federal Coronavirus Guidelines ‘Fading Out’ as Focus Turns to Reopening After a day of armed protesters and a GOP lawsuit threat, Michigan Gov. Gretchen Whitmer extends state of emergency Reopening the economy isn't going to work if no one shows up World on a ‘knife edge’ as coronavirus cases spike and cities shut down again after lockdowns are lifted DC May Not Reopen for Another 3 Months, Officials Say Most US states will begin reopening within days There could be 22 emerging COVID-19 hotspots in small cities or rural areas in eight states that are lifting lockdown restrictions, analysis of social media coronavirus posts reveals How to reopen the U.S. economy and keep workers safe without ‘Big Brother’ watching us Minnesotans to get two more weeks of stay-at-home, but with new flexibility It’s 2024, and We’re Still Stuck at Home ‘Expect MASSIVE protests’? Gavin Newsom catches heat ahead of expected beach closures in California 2 Orange County Cities To Challenge Calif. Gov. Newsom's Order Closing Beaches Dr. Fauci: States Reopening Early Risk 'Really Tempting' a Coronavirus Rebound The case for reopening America’s parks Kemp to lift Georgia's shelter-in-place order at midnight TX Allows High Risk People To Stay At Home , Continue Receiving Unemployment Benefits
(DBN)

Just 9% of Americans say they'd resume their routine exactly as it was before if a lockdown was lifted in their state
(DBN)

Bill Gates Says Virus Vaccine Could Take as Little as 9 Months Trump Says ‘Warp Speed’ Vaccine Project Isn’t Over-Promising Operation Warp Speed Needs to Waste Money on Vaccines Bill Gates thinks there are 8 to 10 promising coronavirus vaccine candidates and one could be ready in as little as 9 months
(DBN)

Gates says US testing data 'bogus' as results take 3 to 4 days
(DBN)

In some reopening states, unemployment can pay more than lost jobs
(DBN)

Trump Pursues Payroll Tax Cut as GOP, Democrats Look Elsewhere
(DBN)

Offices are buying thermal cameras with facial recognition to see if employees are running a fever — and the demand for the cameras is skyrocketing as companies plan to reopen
(DBN)

Man Who Made Sure Hedge Funds Wouldn’t Get Bailout Money Could Kinda Use Some Himself
(DBN)

'It's not what you think it is': The government's bailout loans are failing small businesses like mine, says Farmgirl Flowers' CEO
(DBN)

PPP’s Banker Versus Borrower Dilemma
(DBN)

Bank of America Has 256,000 Small-Business Loan Requests for SBA
(DBN)

Virus Relief Loans Meant for Small Firms Capped at $20 Million
(DBN)

Quarantine frugality is different from traditional thriftiness
(DBN)

The “women’s work” of the pandemic
(DBN)

Apple CEO Tim Cook says company saw an ‘uptick across the board’ in late April
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Rent Is Due Today, But Millions Of Americans Won't Be Paying
(DBN)

Wells Fargo no longer accepting applications for home equity lines of credit
(DBN)

If you’re skipping your mortgage payments, watch out for this costly mistake
(DBN)

Zillow Case-Shiller March Forecast: Still Showing Increasing YoY Price Gains, Mostly Pre-Crisis
(DBN)

Q1 2020 GDP Details on Residential and Commercial Real Estate
(DBN)

A New York real estate agent's advice for buying or selling a home during the coronavirus crisis
(DBN)

The future of commercial real estate — the weak get shaken out and the strong take over whole new markets
(DBN)

____________

Municipalities:

San Francisco Facing Steep Revenue Hit Finds Willing Bond Buyers
(DBN)

Mitch McConnell’s Idea To Let States Go Bankrupt Set Off A Debate That Engulfed Washington
(DBN)

NJ Governor Murphy meeting with Trump: We're asking for federal money for front-line workers, not 'a bailout'
(DBN)

Without Federal Funding, Ohio Mayor Faces 'Very Painful' Cuts To Services
(DBN)

Coronavirus aid can't be used as 'piggybank' for unrelated spending, GOP senators say
(DBN)

It Calls Itself the Energy Capital. Now It Faces 2 ‘Horrifying’ Crises.
(DBN)

These New Yorkers fleeing coronavirus vow they’ll never return
(DBN)

Pelosi Sees $1 Trillion in State, Local Aid for Next Stimulus Cornyn: $1 trillion in state and local aid a 'pretty outrageous number'
(DBN)

Koch-backed group petitions Congress to say no to state bailouts
(DBN)

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Oil/Gas:

Litigation Risks For Energy Company Executives During Bankruptcy
(DBN)

Wells Fargo shifts energy bankers to focus on bankruptcies
(DBN)

Oil surges 20% amid growing signs of a global demand rebound
(DBN)

Chaparral Energy: Teetering On The Edge Of Another Bankruptcy Filing
(DBN)

Valaris Says Rigs May Be Idle for Up to Two Years
(DBN)

The Oil Wells That Will Never Recover
(DBN)

The Wave Of Shale Well Closures Has Finally Begun
(DBN)

Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues
(DBN)

U.S. Oil Storage May Have Room For ‘’Several Hundred Million Barrels’’
(DBN)

Are Mandatory Output Cuts The Only Way To Save U.S. Oil?
(DBN)

Fed opens door for oil company loans after lobbying campaign Fed's expanded lending program opens funding to oil and gas industry
(DBN)

Shell’s Dividend Cut Shows This Time is Different for Big Oil Why Shell Slashed Its Dividends
(DBN)

Chevron says results will be ‘depressed’ as long as oil stays low, taking steps to protect dividend
(DBN)

Chinese Investors Lost $1 Billion In Epic Oil Price Crash
(DBN)

Energy demand is set to plummet this year as coronavirus presents the biggest shock since World War ll, IEA says
(DBN)

When the Flames Go Out, the Permian’s Methane Problem Worsens
(DBN)

Is The $110 Trillion Renewable Revolution Feasible?
(DBN)

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Sports:

LeBron James Says No One Wants to Cancel NBA Season
(DBN)

Trump looks forward to Yankee Stadium reopening after coronavirus lockdown
(DBN)

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Healthcare:

The good and bad news about asymptomatic coronavirus cases
(DBN)

How you see your doctor could be forever changed by the coronavirus pandemic
(DBN)

Do lockdowns save many lives? In most places, data say no
(DBN)

Top coronavirus model predicts 100,000 Americans dead by the end of this summer's first wave - as death toll passes Trump's best case scenario of 60,000 dead While Trump was estimating that only 60,000 Americans would die from the coronavirus, the federal government ordered more than 100,000 body bags Today's country-by-country coronavirus stats: The US and UK are stuck on a plateau, and it looks like bad times ahead for Canada and Sweden
(DBN)

Why Are So Many Still Getting Sick?
(DBN)

More than 1 million people around the world have recovered
(DBN)

Georgia: 83% of Hospitalizations from Virus Were African Americans
(DBN)

Tracking The Pandemic: How Quickly Is The Coronavirus Spreading State By State?
(DBN)

US intelligence community says it concurs with the 'wide scientific consensus' that the coronavirus was not 'man-made or genetically modified'
(DBN)

The coming clash over the first coronavirus vaccines
(DBN)

Gilead expects to spend up to $1 billion on coronavirus drug this year, will donate 1.5 million vials
(DBN)

COVID-19 patient dies after residents set ventilator too high
(DBN)

Capitol physician says he doesn't have enough tests for all senators
(DBN)

Children Don’t Pass Covid-19 to Adults, Report Indicates New Reports on Virus in Kids Fuel Uncertainty on Schools
(DBN)

Elizabeth Warren has a plan to end mask and medicine shortages amid the Covid-19 crisis
(DBN)

How Reliable Are COVID-19 Tests? Depends Which One You Mean
(DBN)

A Family Mourns The Husband And Father Who Died Alone, 3,000 Miles Away
(DBN)

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Utilities:

U.S. Utilities Shrug Off Virus With Help From Residential Sales
(DBN)

PG&E’s Settlement With Wildfire Victims Faces Crucial Vote
(DBN)

Apollo, Centerbridge Backed PG&E, Funded Loan to Firm Suing It
(DBN)

____________

Distressed Investing:

Junk-bond ETFs add most since 2015 on Fed's fallen-angel pledge
(DBN)

The Fed's Support Of Junk Bonds Is Like 'Putting Lipstick On A Pig'
(DBN)

____________

Cruise Lines:

100,000 Crew Members Stranded on Cruise Ships as Cruise Lines Refuse to Agree to Pay for Repatriation Expenses
(DBN)

Carnival, Royal Caribbean, and Norwegian Cruise Line Face a Big Hiring Challenge
(DBN)

Royal Caribbean threw party after coronavirus halted cruises, 1,000 crew members attended: Lawsuit
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 new filings today)
(DBN)

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

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Finance:

SBA Says PPP Funds Cannot Be Loaned to DIP, but One Court Finds the Prohibition Violates 11 U.S.C. § 525(a)
(DBN)

Bankrupt Cosi Loses Bid To Seek Small Business Virus Funds
(DBN)

Bankruptcy Court Overrides SBA’s Prohibition Against Extending PPP Loans to Companies in Bankruptcy
(DBN)

Banks seek to limit revolver usage as companies race for cash
(DBN)

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Advisers:

FTI’s Restructuring Advisers More in Demand Than 2008, CEO Says
(DBN)

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Assumption/Rejection:

9th Circuit upholds retroactive extension of Chapter 7 trustee’s assumption rights
(DBN)

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Avoidance Actions:

The Bankruptcies Are Coming – What Should I Be Doing To Avoid Preference Exposure?
(DBN)

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Bankruptcy Crimes:

Criminal Bankruptcy Fraud: Will the COVID-19 Crisis Make It the New Prosecutorial Darling?
(DBN)

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Bankruptcy Reform:

Summary and Guidance of the Small Business Reorganization Act (SBRA)
(DBN)

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Tax:

Principal Tax Issues in Debt Restructurings
(DBN)

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Aviation:

Emirates, Etihad Say 85% of Airlines to Collapse Without Aid
(DBN)

American Airlines And United Report Nearly $4 Billion In Combined Losses
(DBN)

United Airlines says coronavirus pandemic is worst crisis ‘in the history of aviation’
(DBN)

American plans to shrink, says no hubs will close: 'No way to overstate the gravity of this situation'
(DBN)

Passengers Must Wear Masks On Major Airlines To Cut Spread Of Coronavirus American, Delta, Frontier to require passengers to wear face masks Move to ground coronavirus has airlines creating new safety rules American, Delta, and United to require face coverings
(DBN)

Air travel will never be the same after coronavirus
(DBN)

Deloitte: Virgin Australia makes US chapter 15 bankruptcy filing
(DBN)

Virgin Australia Staff at Risk Amid Administration Status
(DBN)

Airlines are still flying crowded planes, and travelers are worried
(DBN)

Ryanair, Europe’s Biggest Budget Airline, Is Cutting 3,000 Jobs To Survive The Coronavirus Crisis
(DBN)

Boeing and Bond Traders Brace for Junk
(DBN)

Boeing declines government funding after raising $25B in bond deal
(DBN)

Video shows how a single cough can spread invisible droplets throughout a plane cabin, highlighting how exposed passengers could be to the coronavirus
(DBN)

Norwegian Air's fate in balance as result of rescue vote awaited Timeline: Norwegian Air's battle for survival Norwegian Air makes final offer to bondholders ahead of rescue plan vote
(DBN)

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Hotels:

Hotels: Occupancy Rate Declined 62.2% Year-over-year
(DBN)

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Nursing Homes:

Trump Announces Panel To Look At Nursing Home Responses To Coronavirus Outbreak
(DBN)

FEMA will send protective equipment to nursing homes, Trump announces
(DBN)

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Retailing:

J. Crew headed for bankruptcy filing after shelving Madewell IPO plan J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic J. Crew is preparing for a bankruptcy filing that could come this weekend
(DBN)

Modell's Granted Second Suspension of Bankruptcy Amid COVID-19
(DBN)

Coronavirus could make the iconic department store a relic of the past
(DBN)

Plexiglass at registers and no ear-piercing allowed: How Macy's plans to reopen 68 stores next week
(DBN)

How Kroger is safeguarding frontline heroes
(DBN)

I Never Planned to Be a Front-Line Worker at Dollar General
(DBN)

A Walmart store in Massachusetts is closed after a social media post informed local officials of a cluster of coronavirus cases where 23 employees tested positive
(DBN)

Coach's Parent Company Plans Soft Store Reopening
(DBN)

Amazon says it may lose money while spending on COVID-19 response, stock sinks in late trading Jeff Bezos warns that Amazon may lose money despite the pandemic shopping surge
(DBN)

Amazon has launched a pilot COVID-19 testing program for warehouse employees
(DBN)

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Religion:

Archdiocese of Santa Fe Accused of Moving Assets Prior to Bankruptcy Filing
(DBN)

Louisiana pastor Tony Spell's followers jammed police phone lines to protest his arrest. He says it'll keep happening until cops 'get this ankle bracelet off of me.'
(DBN)

____________

Education:

Texas Tech, A&M planning to reopen campuses in the fall, play football
(DBN)

Colleges Roiled by Pandemic Costs Find Federal Loan Aid Elusive
(DBN)

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Student Debt:

Garnishment of SS for student loan default suspended
(DBN)

____________

Trucking:

'We're not going to work for free': Truck drivers protesting plummeting pay rates are 'slow-rolling' and stopping traffic across the US
(DBN)

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Cannabis:

United Cannabis Says It Filed Ch. 11 To Stop Takeover
(DBN)

Cannabis, COVID-19 and Force Majeure
(DBN)

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Transit:

NYC subway to end 24-hour service for first time for coronavirus disinfection
(DBN)

New York City’s transit system discusses going to the Fed for a loan
(DBN)

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UK:

Boris Johnson says the UK is 'past the peak' of the coronavirus outbreak Johnson promises plan to lift lockdown, saying U.K. is past peak
(DBN)

Finablr Uncovers $1 Billion in Hidden Debt as NMC Scandal Widens
(DBN)

Leaked UBS document offers road map for how City may return to the office
(DBN)

Council chief's dire warning - Birmingham could be 'broke' by June
(DBN)

____________

EU:

Europe Prepares for Slow Return to Business as Virus Passes Peak
(DBN)

Christine Lagarde Can't Solve the Covid-19 Crisis
(DBN)

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PIIGS:

Italy’s Virus Deaths, New Cases Fall Amid Record Recoveries
(DBN)

Restructuring in Ireland - Two recent cases with a US interest
(DBN)

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Canada:

Indigo CEO: Canada's big retailers want assistance, too
(DBN)

Reopening is no quick fix for Canadian companies hammered by virus
(DBN)

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Sweden:

Swedish town has a chicken s--- plan to help stop spread of coronavirus
(DBN)

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Russia:

Russia's Prime Minister Says He Has Coronavirus, As Country Tops 100,000 Cases
(DBN)

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Switzerland:

In lockdown, 'desperate' Swiss turn to snooping and snitching
(DBN)

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China:

Trump Officials Are Said to Press Spies to Link Virus and Wuhan Labs
(DBN)

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MENA:

West Bank annexations must come in context of Palestinian state, White House tells Israel
(DBN)

____________

Venezuela:

Iran Is Hauling Gold Bars Out of Venezuela’s Almost-Empty Vaults
(DBN)

____________

Germany:

Germany postpones decision on reopening schools
(DBN)

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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.

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