May 22, 2020

The Daily Bankruptcy News

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Due to the Memorial Day holiday, The Daily Bankruptcy News will not publish on Monday, May 25, 2020



Law:

Post-COVID Law Firms Now Include… Tents?
(DBN)

Which law firms laid off lawyers and cut pay this past week? The announcements slow to a trickle
(DBN)

How Much Is An Attorney Worth To Biglaw?
(DBN)

How Law Firms Can Give In-House Counsel What They Need on COVID-19
(DBN)

What General Counsel Need to Think About as Companies Reopen
(DBN)

Osborne Clarke cuts pay by 7% while Slaughter and May reduces NQ salaries
(DBN)

Neighbors report top law firm partner for breaching lockdown rules
(DBN)

Law school still out of compliance with ABA admissions standard and dealing with fraud allegations
(DBN)

These law firms were named as top family- and female-friendly workplaces by Yale Law Women
(DBN)

Covington & Burling Hires Its First Chief Diversity Officer
(DBN)

Firm which blamed COVID-19 for layoffs accused of misleading staff
(DBN)

The Time Is Now To Support Real Innovation In Legal Education
(DBN)

Harvard Law School Magnanimously Offers To Remind Incoming Law Students That They Didn’t Get Into Harvard
(DBN)

Law Professor Wins Defamation Case Against Woman Who Accused Him Of Rape
(DBN)

Jonathan Turley Wanted For Vicious Murder Of Nonsensical Straw Arguments Of His Own Making
(DBN)

New Jersey Department of Health shuts down Atilis Gym Gym Owners Who Defied NJ Shutdown Orders Say Toilets Were 'Mysteriously' Clogged with Paper Towels
(DBN)

Michigan protesters launch 'Operation Haircut' over lockdown
(DBN)

Man accused of shooting Waffle House cook after face mask dispute
(DBN)

Avoid irritating your coworkers and ditch these 10 annoying work email clichés
(DBN)

Ex-Trump lawyer Cohen released from prison over coronavirus fear
(DBN)

Flynn's name was never 'masked' in FBI report on phone call with Russian Michael Flynn’s lawyer joins call for release of Kislyak transcripts
(DBN)

Appeals court orders Flynn judge to respond to demand to dismiss case
(DBN)

NFL player files lawsuit against United Airlines over alleged sexual assault on cross-country flight
(DBN)

Chamber of Commerce calls for coronavirus liability protections in next relief bill
(DBN)

Are businesses in danger of coronavirus lawsuits as they reopen?
(DBN)

South Dakota Governor Demands White House, DOJ, Interior, And Congress Crack Down On Reservation’s COVID Roadblocks
(DBN)

Women can’t lead prayers at council meetings, and Bible backs me up, Texas mayor says
(DBN)

School board member resigns after making death threats against people not wearing masks who come near her or her family
(DBN)

Lawyer is thankful for second chances after suspension for erratic behavior, client neglect
(DBN)

Stand-Your-Ground Laws Are Lethal
(DBN)

Man Who Recorded Ahmaud Arbery's Death Has Been Arrested for Felony Murder
(DBN)

Federal Criminal Referrals Saw Major Drop in March Amid COVID-19
(DBN)

'This Was Not DOJ's Finest Hour': Judge Sanctions DOJ for Failing to Produce More Than 900 Relevant Docs in Census Question Case
(DBN)

Bar regulator slammed for 'ridiculous' remote exam rules
(DBN)

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Judges:

FOIA Documents Show Trump Administration Stacked The Immigration Courts With Political Hires
(DBN)

Fox News Meets Feisty Judge in Case Over Virus ‘Hoax’
(DBN)

Denied: No Compassionate Release for Ex-Texas Judge Found Guilty of Judicial Bribery
(DBN)

'It Will Look Different': SDNY's Phased Reopening to Include 'Physical Changes,' Continued Remote Hearings
(DBN)

Texas Supreme Court Justice Tests Positive for Coronavirus Texas Supreme Court Justice Debra Lehrmann, husband test positive for coronavirus
(DBN)

Supreme Court prepares for major decisions on Trump taxes, LGBTQ rights, immigration and abortion
(DBN)

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Wall Street:

Stock futures fall slightly as Wall Street wraps up wild week, U.S.-China tensions rise
(DBN)

Wall Street’s New Watchdog Is Ex-Fannie Lawyer With Mnuchin Ties
(DBN)

Goldman Says Buy World’s Worst Stock Market Because Rebound Is Coming
(DBN)

Many Americans used part of their coronavirus stimulus check to trade stocks
(DBN)

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Layoffs:

The Atlantic lays off almost 20% of staff
(DBN)

Shell plans voluntary job losses to mitigate impact of oil slump
(DBN)

Tesla offers anxious plant workers unpaid leave until May 31
(DBN)

Trump Golf Resort Cuts Jobs on Unexpected Duration of Shutdown
(DBN)

Advertising Slumps Hits Media Jobs
(DBN)

Nissan May Fire 20,000 in EU, Third World
(DBN)

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Healthcare:

Coronavirus hot spots erupt across the country; experts warn of second wave in South Coronavirus cases are on the rise across the South
(DBN)

More evidence emerges on why covid-19 is so much worse than the flu
(DBN)

CDC: Virus Doesn't Spread Easily from Surfaces
(DBN)

Employees Say Hundreds Of Tyson Foods Workers In Texas Have Tested Positive For COVID-19 One in Four Tyson Foods Staff at North Carolina Plant Get COVID-19 Immigrant workers have born the brunt of covid-19 outbreaks at meatpacking plants
(DBN)

The U.S. Shouldn't 'Draw the Wrong Lessons' as COVID-19 Slows: Dr. Leana Wen and Dr. Scott Gottlieb
(DBN)

Pelosi Asks Trump to Order Flags Flown at Half-Staff When U.S. Reaches 100,000 Coronavirus Deaths
(DBN)

Researchers: Nearly Half Of Accounts Tweeting About Coronavirus Are Likely Bots
(DBN)

Virus cases spike in California county on Mexican border
(DBN)

More than 5 million Americans will be infected with coronavirus and 290,000 will die by the end of July if social distancing isn't adhered to, according to COVID-19 model
(DBN)

Latin America surpasses U.S. and Europe in new daily coronavirus cases
(DBN)

The health of 7.8 billion people is stuck in a dangerous place between China and Trump
(DBN)

CDC chief: States' coronavirus data "regularly" incomplete or delayed
(DBN)

Workers at chains like Kroger, Costco, and Waffle House are on the front lines of an increasingly violent war between mask supporters and opponents
(DBN)

Isolating coronavirus patients isn’t as easy as it sounds
(DBN)

Why don't hospitals have enough masks? Because coronavirus broke the market.
(DBN)

8 ways to go out and stay safe during the coronavirus pandemic
(DBN)

U.K. Begins Trial to See If Hydroxychloroquine Prevents Covid-19 Trump’s Inaccurate Claims on Hydroxychloroquine Wisconsin woman took hydroxychloroquine for 19 years, still got coronavirus
(DBN)

Trump lashes out at scientists whose findings contradict him
(DBN)

Flights From Countries Hard Hit By Coronavirus Still Coming, So Are Precautions In Place?
(DBN)

Trump’s Vaccine Czar Has Vast Ties to Drug Industry, Posing Possible Conflicts
(DBN)

Florida knew a COVID-19 pandemic was likely; state leaders didn't warn the public
(DBN)

Temperature-check kiosks are coming. Here’s what it’s like to use one
(DBN)

An aircraft carrier heads back to sea without guarantees that the virus is gone
(DBN)

Tanzania’s President Shun Masks to Pursue Herd Immunity
(DBN)

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Education:

College students don't want to return in the fall, and it could cause many universities to collapse
(DBN)

Elite Colleges Join Bond-Market Boom by Seizing on Low Rates
(DBN)

N.Y. Reexamines Schools, Camps Amid Rise in Child Illnesses
(DBN)

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Pharma:

Once valued at $4B, an embattled Ako­rn — nursing a market cap of roughly $37M — files for bankruptcy
(DBN)

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ISPs:

Major internet service providers' pandemic relief efforts are alienating consumers with opaque terms of service and unforeseen fees
(DBN)

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Sports:

This year’s baseball season hinges on a battle between owners and players
(DBN)

Rockets star Harden not ready for NBA’s return until pandemic has ‘calmed down’
(DBN)

For many fans, the absence of sports feels like a loss. Psychologists say that's normal.
(DBN)

Golf returns to England and Wales - for those who don't mind golfing alone
(DBN)

Man United Hit by $18 Million Broadcasting Rebate Due to Virus
(DBN)

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Fraud:

Lori Loughlin and husband agree to plead guilty in college bribery scandal Lori Loughlin always insisted she was innocent in admissions scandal. Why change now? Lori Loughlin Should Test Whether Barr's DOJ Will Give Her the Same Treatment as Michael Flynn
(DBN)

New York Man Charged With $20 Million PPP and SBA Loan Fraud
(DBN)

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Climate:

NOAA predicts Atlantic hurricane season will be unusually active The US is in for a brutal—and expensive—hurricane season Prepare For A Potentially Extreme Atlantic Hurricane Season, Federal Forecasters Say
(DBN)

More dams will collapse as aging infrastructure can’t keep up with climate change
(DBN)

Photos show devastating impact of Michigan floods
(DBN)

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Religion:

More than 1,200 pastors say they'll defy California's state order and resume in-person services
(DBN)

Why Catholics and Lutherans in Minnesota plan to buck their state's governor and reopen churches May 26
(DBN)

The loneliest Ramadan
(DBN)

In reversal, White House tells CDC to post church guidance
(DBN)

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Student Debt:

Student loan borrowers are seeing their credit scores drop
(DBN)

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Museums:

New Study Shows 13% of Museums Worldwide May Close Permanently Due to COVID-19
(DBN)

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Utilities:

Officials: Email Delays Key Vote on PG&E's Bankruptcy Plan
(DBN)

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Festivals:

Kendall Jenner says $90k Fyre Festival settlement was ‘small price’ for ‘fiasco’ as her team ‘did the right thing’
(DBN)

____________

Batteries:

Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
(DBN)

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Satellites:

Earth's Magnetic Field Weakens as Satellites Malfunction
(DBN)

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Economy:

US weekly jobless claims hit 2.4 million, bringing the 9-week total to nearly 39 million US stocks edge higher as new data shows millions more jobs lost Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks Data-entry error mars U.S. jobless-claims report for second week Americans again file by the millions for unemployment benefits 40 Million Americans Are Now Unemployed—We Desperately Need A Plan Before It’s Too Late 24% Unemployed, but Will It Get Worse?
(DBN)

Fed Chair Warns This Is a ‘Downturn Without Modern Precedent’
(DBN)

The System Failed the Test
(DBN)

A Wave of Small Business Closures Is on the Way. Can Washington Stop It?
(DBN)

U.S. leveraged loan defaults at six-year high as coronavirus hits businesses
(DBN)

U.S. Business Activity Stabilizes in May, IHS Markit Data Show
(DBN)

In the boom years before the pandemic, the Fed encouraged S&P 500 titans to binge on trillions in debt, now the central bank is propping them up to avoid an economic catastrophe
(DBN)

Market Sees Inflation Well Below Fed Target Until at Least 2050
(DBN)

Specter of Negative Rates Is Putting Wall Street Bankers on Edge
(DBN)

NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
(DBN)

You can’t turn the economy back on like a light switch NYC has made ‘remarkable progress’ to begin reopening in June, mayor says NJ hopes to reopen gyms, barbers in a ‘matter of weeks,’ Gov. Murphy Job market remains grim even as U.S. tentatively reopens Ford is the poster child for America's grand reopening Fed’s Williams Says Relaxing Lockdowns Will Clarify Economic Hit Lockdowns Haven’t Proved They’re Worth the Havoc Michigan Announces Guidelines for Reopening After Weeks of Protests, Controversy Over Lockdowns U.S. Jobless Claims Near 40 Million as All 50 States Start Reopening Georgia reopening has been ‘a mixed bag,’ Atlanta Fed President Bostic says Lives vs livelihoods: countries lift lockdowns Disneyland Lays Groundwork For Reopening But Offers No Timetable Tyler Perry details strict guidelines for cast and crew returning to work at his Atlanta studio TX gov ends COVID-19 air travel restrictions Trump seizes on new rallying cry to reopen the country, but Democrats see caution as an advantage
(DBN)

The Financial Part of the Covid Crisis Isn’t Over
(DBN)

Trump says he won’t close the country if second wave of coronavirus hits
(DBN)

GOP May Cut Aid to Force Workers Back to Jobs
(DBN)

Clarida Says Economy May Need More Fiscal, Monetary Support
(DBN)

Mnuchin Says ‘Strong Likelihood’ U.S. Will Need More Stimulus
(DBN)

Covid-19: The Unintended Long-Term Consequences Of The Policy Response
(DBN)

Senators to Press Forward With Small-Business Loan Extension
(DBN)

Most Small Firms That Got Covid-19 Aid Struggle With Loan Rules
(DBN)

SBA Approving Economic Injury Disaster Loans (EIDLs): What You Need To Know
(DBN)

Congress acted to save the airlines. One senator asks: What about child care centers?
(DBN)

Stimulus checks are great, but a new idea would give everyone $10,000 in credit card debt relief Stimulus Proposal: $10,000 In Credit Card Interest Relief During Coronavirus Pandemic
(DBN)

Pandemic Is Last Nail in Globalization’s Coffin, Says Carmen Reinhart
(DBN)

This Was a Big Week in Coronavirus Immunity
(DBN)

Why a coronavirus vaccine might be ready early next year — and what could go wrong
(DBN)

Reuters/Ipsos Poll: A Quarter of Americans Are Hesitant about Coronavirus Vaccine
(DBN)

Kind bar CEO’s advice for small business owners: ‘The rules have changed’
(DBN)

A Nobel Prize-winning economist says the coronavirus recession is 'a textbook example of showing that markets don't work'
(DBN)

Corporate debt issuance has already topped $1 trillion in 2020
(DBN)

Senate seeks to quickly pass change to PPP to give businesses more time to use money
(DBN)

Mitch McConnell pledges to scrap a newly enacted $600 boost in weekly unemployment benefits, calling it a 'crazy policy' allowing people to earn more while they aren't working
(DBN)

SBA under spotlight as frustrations with aid programs grow
(DBN)

Partisan divides over federal aid play out in battleground states
(DBN)

Jerome Powell is perhaps the most important man in the US economic response to coronavirus. Here are 10 key quotes about the crisis from the Fed chief.
(DBN)

Office work will never be the same
(DBN)

Morgan Stanley CEO Sees Only Half His Employees Back by Year-End
(DBN)

Facebook to push remote hiring, tells employees they can move
(DBN)

Zoom Video chart suggests rally is showing signs of distress, strategist says
(DBN)

A huge boost in infrastructure spending is very popular — if rich people pay for it
(DBN)

Will Smith and Kevin Hart bet virus will accelerate shift toward virtual events
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Goldman Sachs Forecloses on 10,000 Homes for ‘Consumer Relief’
(DBN)

Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan
(DBN)

Home mortgage delinquencies spiked by a record amount in April
(DBN)

New Threat to New York City: Commercial Rent Payments Plummet
(DBN)

Virus Impact on One Landlord: 80% of Its Retail Tenants Missed Rent
(DBN)

April home sales drop 18%, as inventory decline pushes prices to record high Sales of previously owned U.S. homes decline by most since 2010
(DBN)

Mortgage rates plunge to near-record lows
(DBN)

New Yorkers Fleeing City Hunt for Million-Dollar Suburban Homes
(DBN)

Coronavirus Leads to Worst Home Sales in a Decade-What This Means for Buyers, Sellers
(DBN)

Work-from-home won’t replace offices, argues CEO whose tenants include Google Will Remote Working Spell the Demise of the Office Sector?
(DBN)

Zuckerberg: 50% of Facebook employees could be working remotely in 5 to 10 years
(DBN)

Can We Just Work From Home Forever?
(DBN)

____________

Municipalities:

Murphy to Beg, Borrow With Pledge of Billions for N.J. Pensions
(DBN)

Chamber Backs Some State Aid as Republicans Urge Wait-and-See
(DBN)

Alabama city’s woes predated coronavirus and Chapter 9
(DBN)

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Oil/Gas:

The Future Of Oilfield Services, Part Deux
(DBN)

Not All Electric Vehicles Are Cars, You Know
(DBN)

Five Key issues for Oil & Gas Private Equity Right Now
(DBN)

California Resources: Likely To File For Bankruptcy Within Six Weeks
(DBN)

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Politics:

Mark Cuban rips Trump during interview with Sean Hannity: 'He always plays the victim card'
(DBN)

AP-NORC poll: State and U.S. government virus approval dips
(DBN)

Washtenaw County Board of Commissioners chairman asks President Trump to cancel visit In swing through Michigan, Trump to find records — unemployment, floods and 5,000 COVID deaths Trump’s Visit to a Ford Factory Will Be Fraught With Tension Trump doesn’t wear coronavirus mask to Ford plant, after being told he should
(DBN)

Trump Told to Stay Home by Baltimore Mayor Ahead of Visit
(DBN)

Cowboys for Trump founder, Couy Griffin: 'The only good Democrat is a dead Democrat'
(DBN)

Trump: 'Garbage' people at Fox News damaging GOP election prospects Trump Again Attacks Fox News
(DBN)

Anti-lockdown protests aren’t just an American thing. They’re a global phenomenon.
(DBN)

Trump will lose in a landslide because of the economy, new election model predicts
(DBN)

Trump Warns Farmers That Gun Control Will Leave Their Potatoes Defenseless Without Guns US Potatoes Will be Mashed
(DBN)

Why are liberals more afraid of the coronavirus than conservatives?
(DBN)

Inspectors general, explained by a former inspector general
(DBN)

Democrats demand reinstatement of State Department inspector general fired by Trump House Democrats’ Focus on Ouster of One Inspector General Could Impact Mitch McConnell’s Reelection Campaign Paul Singer Providing Crucial Diplomatic Guidance To State Department Pentagon punts on questions about Saudi arms deals at center of Pompeo scandal
(DBN)

Warren appears to pivot on 'Medicare-for-all' as Biden searches for a running mate
(DBN)

G.O.P. Officials Quietly Consider Paring Back Convention
(DBN)

Trump Job Approval Holds Steady - 40%
(DBN)

The Pandemic Hasn’t Changed Voters’ Minds About Trump
(DBN)

Trump in Private: I Wish I Could Run Against Hillary Again
(DBN)

Trump's obsession with Obama turns two-way race into a three-way tangle What if Obama were running against Trump? One poll found a blowout
(DBN)

Biden Holds 11 Point Lead As Trump Approval On Coronavirus Dips,
(DBN)

Is QAnon the newest American religion?
(DBN)

Pelosi quips that Trump has 'doggy doo on his shoes' in ongoing spat
(DBN)

Trump administration to withdraw from Open Skies treaty in a further erosion of arms-control pacts with Russia
(DBN)

Trump's bogus attacks on mail-in voting could hurt his supporters, too
(DBN)

As Trump Rails Against Voting by Mail, States Open the Door for It
(DBN)

Why Trump Wants to Stop Vote by Mail
(DBN)

Postal Service’s financial stress might hurt its ability to handle large volume of mail-in ballots
(DBN)

Mail voting debate gets more confounding
(DBN)

FactCheck: “Rogue” Michigan official sent absentee ballots to 7.7 million people “illegally and without authorization” ahead of the primaries and general election
(DBN)

Biden Leaked Ukraine Calls Were Released by Russia: Ex-President
(DBN)

Philadelphia Election Judge Admits to Stuffing Ballot Boxes for Democrats in Three Separate Elections
(DBN)

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Retailing:

Gerald Storch Expects a Lot More Retail Bankruptcies Amid Pandemic
(DBN)

Retail Restructurings Related to COVID-19 Shutdowns
(DBN)

The coronavirus is crushing bankrupt retailers’ hopes for a rebound – and threatening even more jobs
(DBN)

Macy’s CEO: $10 billion in sales are up for grabs because of retail bankruptcies
(DBN)

Macy's forecasts $1 billion quarterly loss due to lockdowns Macy’s Warns of $1B 1Q Loss, But Says Financing Is ‘On Track’
(DBN)

Macy’s in Talks With New York City to Reopen Flagship for Pickup
(DBN)

Fashion’s Cash Crunch Lingers
(DBN)

Brooks Brothers Obtains $20 Million Loan From Gordon Brothers
(DBN)

Victoria’s Secret parent company set to close 250 stores, with more to come
(DBN)

Some stores including Lululemon and Nordstrom won't take cash as they reopen, putting them further out of reach for millions of Americans
(DBN)

As Reports Swirl, What Could Amazon Want From JCPenney?
(DBN)

Shoppers stormed TJ Maxx stores when they reopened, driving sales higher than last year
(DBN)

Furor Over Mask Requirements Mirrors Retail’s Open-Carry Rules
(DBN)

The pandemic is changing every aspect of shopping: From store layouts to how jeans are folded
(DBN)

America’s Online Shopping Revolution Will Outlast the Lockdown
(DBN)

What Did Consumers Buy From Walmart During The Coronavirus Pandemic? It May Surprise You
(DBN)

Pandemic highlights big box stores' ability to pivot
(DBN)

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Transit:

NY’s Transit Authority Wants To Use Fed’s New Loan Initiative
(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 (6 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(DBN)

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

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Law firms prepare for a deluge of bankruptcies, insolvent businesses
(DBN)

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Bankruptcy Strategy:

Bankruptcy's 'Deep Freeze' May Be Struggling Cos.' Best Hope
(DBN)

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Distressed Investing:

Strategic Acquisitions of Distressed Companies in the COVID-19 Environment
(DBN)

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IP:

Mission Products Holdings, Inc. v. Tempnology: One Year Later
(DBN)

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Insurance:

The Coming COVID-19 Coverage Fight: Insured Versus Insured Exclusions and Collusion
(DBN)

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Food/Beverage:

Restaurants prepare for "distance eating"
(DBN)

D.C.-area tapas chain files for bankruptcy amid coronavirus pandemic
(DBN)

What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future
(DBN)

NYC restaurants turning to high tech solutions to reopen
(DBN)

Meat Companies Get Pressure from Investors to Improve Working Conditions
(DBN)

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Aviation:

Embattled airlines unveil coronavirus safety guidelines in effort to reassure passengers
(DBN)

Though far from the norm, nearly 500 US flights per day depart more than 70% full
(DBN)

After Failed Bond Issue, United Airlines Will Be Forced To Avail The Full $4.5 Billion CARES Act Loan
(DBN)

Democrats Press Delta, JetBlue to Reverse Cuts After Bailout
(DBN)

Southwest CEO: Boeing 737 Max could fly again by late 2020
(DBN)

Gov't Calls Ravn Air's Ch. 11 Plan Unconfirmable
(DBN)

As the US airlines grab bailouts, they dig the final holes in their 'level playing field'
(DBN)

Denied boarding after a temperature check? Here are your rights
(DBN)

Hold onto your boarding pass. TSA is changing airport screening because of virus
(DBN)

American Airlines just updated its status challenge policy due to coronavirus
(DBN)

Is the Latest Airline Traffic Uptick a Harbinger of Better Times?
(DBN)

No one thought SpaceX would beat Boeing to get astronauts to the space station
(DBN)

EasyJet’s Future on Line With Founder’s Bid to Oust Leadership
(DBN)

India: Domestic airlines to resume flights at one-third capacity from Monday
(DBN)

Trudeau says Ottawa needs to have ‘careful discussions with airlines’ over refund policies
(DBN)

Skies open, but who wants to fly? Airlines grapple with low demand, high costs
(DBN)

IATA says regulating airfares a 'step back'; airlines need to have freedom on commercial decisions
(DBN)

Thai Airways to lay off 30pct of its staff Ministry to cut THAI stake
(DBN)

Etihad bondholders put airline on notice with debt revamp
(DBN)

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Personal Finance:

What it was like to tell my kids I lost my job: ‘Aren’t you important’ Mom?
(DBN)

Exactly what to say if you can’t pay your rent, student loans or other bills
(DBN)

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Cruise Lines:

Royal Caribbean hopes to resume cruises as soon as August, but the CEO says only if it’s safe
(DBN)

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Religion:

Mississippi Church Suing on Virus Restrictions Burns Down
(DBN)

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Mail:

Mnuchin Says Postal Service May Not Need $10 Billion Virus Loan
(DBN)

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Autos:

Tesla returns to 'normal operations' at U.S. factories
(DBN)

The coronavirus pandemic has forever changed the way we buy cars
(DBN)

Volkswagen apologizes for racist ad showing black man being dragged away from new car
(DBN)

Hertz runs into cash crunch after years of management tumult
(DBN)

French FM: Renault Could Disappear
(DBN)

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Agribusiness:

Farmers Can Sign Up For Payments Beginning May 26
(DBN)

Desert-Locusts Battle Gets $500 Million Boost From World Bank
(DBN)

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Coal:

The New Coal Miner Pitch: Don’t Mention Coal
(DBN)

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UK:

New UK Insolvency Laws offers support for businesses struggling with cash flow, but what else can lenders and others expect?
(DBN)

UK Government Introduces Corporate Insolvency and Governance Bill 2020
(DBN)

The Corporate Insolvency And Governance Bill – R3 Response
(DBN)

Has your business assessed whether it can un-lock? The results from our UK on-line tool suggest many have not
(DBN)

Prince Charles wants furloughed workers to pick berries. Farmers wonder if Brits are up to the task.
(DBN)

Doctors to Sue U.K. Over Advice to Reuse Gowns Amid Virus Threat
(DBN)

U.K. Home Sales Crater as Coronavirus Lockdown Freezes Market
(DBN)

A no-deal Brexit amid the pandemic would be disgraceful
(DBN)

British banks warn BoE against negative rates Will the Bank of England impose negative rates?
(DBN)

NHS groups 'nervous' about lockdown easing without contact tracing
(DBN)

Coronavirus not under control in US, warn Imperial scientists
(DBN)

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PIIGS:

Italy’s New Virus Cases, Daily Fatalities Decline Further
(DBN)

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EU:

Europe's economy has 'likely bottomed out' and is starting to bounce back, according to a set of closely-watched business surveys
(DBN)

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Canada:

With many courthouses shut due to COVID-19, federal government looks to extend legal deadlines
(DBN)

Bringing Rule of Law and Fairness to the Dysfunctional World of Sovereign Debt: A Role for Canada?
(DBN)

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Sweden:

Skeptical experts in Sweden say its decision to have no lockdown is a terrible mistake that no other nation should copy
(DBN)

Sweden: Herd Immunity Ain't Happening
(DBN)

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Hong Kong:

China plans sweeping national security law for Hong Kong China signals plan to take full control of Hong Kong Trump Warns China of U.S. Response to Hong Kong Crackdown
(DBN)

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Singapore:

Singapore’s Covid-19 case fatality rate is remarkably low. Why?
(DBN)

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MENA:

70% of Dubai companies expect to go out of business within six months, survey finds
(DBN)

Crisis is Killing Lebanon's Middle Class
(DBN)

Khashoggi's sons forgive Saudi killers, sparing 5 execution
(DBN)

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India:

Work From Home Tensions Run High in World’s Biggest Quarantine
(DBN)

Banks let 124 companies slip into liquidation despite resolution plans
(DBN)

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Argentina:

Deadline arrives for Argentinian debt restructuring proposal
(DBN)

Argentina creditor says 'very difficult' for country to avoid default ahead of deadline
(DBN)

'Any kind of default could be cured in short order,’ says creditor group
(DBN)

Argentina to Extend Debt Offer as Talks Continue Past Friday
(DBN)

Argentina Default Won’t Be Followed by Litigation, Creditors Say
(DBN)

____________

Ecuador:

BlackRock, Ashmore Form Ecuador Creditor Group as Swaps Pay Out
(DBN)

____________

South Africa:

South Africa Cuts Key Rate Fourth Straight Time to Record Low
(DBN)

____________

Brazil:

Covid-19 Is Killing Nurses in Brazil More Than Anywhere Else
(DBN)

____________

Australia:

Australia's largest department store chain Target announces closure of 167 outlets in massive restructure
(DBN)

____________

Crimea:

Tourist trade in annexed Crimea on brink as coronavirus bites
(DBN)

___________


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