May 6, 2020

The Daily Bankruptcy News

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Law:

Am Law 200 Firm’s Austerity Measures Include The Dreaded Layoffs
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2019 Was A Great Year For This Biglaw Firm
(DBN)

Dentons adds Bankruptcy partner Brian E. Greer in New York
(DBN)

‘Generation Z’ Still Optimistic About Big Law, Study Finds
(DBN)

4 Best Practices For Biglaw Firms That Are Weathering The Storm Well
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Day 53: Musings On The Quarantine Of 2020
(DBN)

Bar Exam Set for July, but Many States Still Delaying
(DBN)

If states want July bar exam, NCBE will have testing materials
(DBN)

Law School Testing Experts Not So Sure Bar Exam Can Be Put Online
(DBN)

Law School Deans Rail Against Grave Injustice Of… Waiting A Few Months To Take The Bar Exam
(DBN)

These Law Schools Prove They Have Staying Power
(DBN)

Law School Students PISSED At Nixon Peabody’s Handling Of Summer Associate Program
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The Latest COVID Screw Up: Character & Fitness Reviews
(DBN)

Massachusetts Joins New York In Prioritizing Local Law School Grads For Next Bar Exam
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New York BOLE Screws Repeat Bar Exam Candidates
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Not all moot court is adjourned; some go online
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Law Schools Hit by Financial Fallout From COVID-19
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California Bar Claims LegalMatch Is Defying Attorney Referral Law
(DBN)

61 cognitive biases that screw up everything we do
(DBN)

'Butt-Shaking' Lawyer Escapes Sanctions, but is No Longer a BakerHostetler Partner No Sanctions for Ex-Big Law Attorney Accused of ‘Butt Shaking’ Ex-BigLaw partner accused of ‘shaking his behind’ at opposing counsel escapes sanction
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Trump Lawyer Wants Stormy Daniels to Pay His Fees with Settlement Money from Strip Club Arrest
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Why Is There Outrage Over Michael Flynn?
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Pressure mounts on FBI director as Trump, GOP fume over Flynn documents
(DBN)

Covington Clashes With Michael Flynn's Lawyers Over Records Search
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Bill Barr Defends Sacred Right Of Churchgoers To Swap Germs In A Pandemic
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New Mexico Invokes Riot Law to Control Virus Near Navajo Nation
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Dallas salon owner jailed for reopening in violation of court order
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NYC police union warns 'city will fall apart' if police have to continue social distancing enforcement
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President erupts at George Conway for 'Mourning in America' video, about the 'deadly virus Trump ignored' George Conway Responds to Trump, Mocks His ‘Abject Self Pity’
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5-year-old caught driving to California to buy himself a Lamborghini
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Police are looking for an 'aggressive chicken' terrorizing bank customers in Louisiana
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Pennsylvania Gym Reopens Despite Lockdown Order: 'someone Had to Take a Stand'
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A Family Dollar worker told a man he needed a mask, so he wiped his face on her shirt, police say
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6th Terminal Island prisoner dies of COVID-19; congresswoman says Fauci ‘a little alarmed’
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ICE Detainees in California Launch Hunger Strike Over Coronavirus Fears
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Whistleblower alleges Trump administration ignored coronavirus warnings Ousted Scientist Taps DC's Katz, Takes Aim at Blank Rome Lawyer in Whistleblower Complaint
(DBN)

Baseball Pitcher Learned Wife, Child Were Slain On Facebook
(DBN)

Nearly 800 COVID-19 lawsuits have been filed, according to law firm’s tracker
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Judges:

Justice Ruth Bader Ginsburg in hospital with infection, court says Supreme Court says Justice Ruth Bader Ginsburg underwent ‘non-surgical’ treatment for gallbladder condition Ruth Bader Ginsburg Hospitalized With Infection, ‘Resting Comfortably’ Ruth Bader Ginsburg Hospitalized for Gallbladder Ailment
(DBN)

Judiciary Seeks Funding, Legislative Changes to Aid COVID-19 Response Federal Courts Request More Coronavirus Funding From Congress Federal courts seek more money and judges in next COVID-19 bill
(DBN)

The Supreme Court hears the biggest presidential immunity cases since Nixon
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“Leave no vacancy behind”: McConnell remains laser-focused on judges amid coronavirus
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Senate Dives Back Into Judicial Nominees During Pandemic With Justin Walker ABA Says Justin Walker Is ‘Well Qualified’ for DC Circuit, After Finding Him ‘Not Qualified’ for District Court Judge Justin Walker Faces Scrutiny in Bid for Seat on Powerful Appeals Court Philadelphia Bar Association Says Kavanaugh's Former Clerk Is Not Qualified for 'Lofty' D.C. Circuit Position
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Group’s request for probe into federal judge’s retirement gets a boost Judge calls for investigation into whether McConnell pressured judge to retire
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'Briefly, Counsel': How Chief Justice Roberts Keeps Phone Arguments Moving
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‘This is so boring!’ Unmuted listeners interrupt phone hearing over ICE courthouse arrests
(DBN)

California man arrested and released three times in one day thanks to the state's $0 cash bail policy
(DBN)

County magistrate is suspended for ‘belligerent and coercive behavior’ over trout fishing citation
(DBN)

Program Offers Law Students Virtual Internships With Georgia Judges
(DBN)

Federal Judicial Clerkship Hiring Process Revamped Due to COVID-19
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Wall Street:

Dow futures flat ahead of ADP payrolls that could show 20 million jobs losses in April US stock futures are set to add to two days of gains
(DBN)

U.S. stocks eke out second day of gains as states work to ease lockdowns and researchers race for vaccines
(DBN)

Stocks Lose Steam After Fed Vice Chairman Says Economy Needs More Support
(DBN)

The Stock Market is Not the US Economy
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Layoffs:

Layoffs Start Turning From Temporary to Permanent Across America
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U.S. companies cut thousands of workers while continuing to reward shareholders
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Virgin Atlantic cuts more than 3,000 jobs to mitigate ‘devastating’ coronavirus impact
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This tax break is up in the air for employers who furloughed workers
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Millions of Americans are losing their jobs. It doesn’t have to be that way.
(DBN)

Airbnb is cutting 25% of staff amid global travel slump Airbnb to lay off nearly 1,900 people
(DBN)

A memo from Airbnb's CEO announcing huge staff cuts is a case study in how leaders can conduct layoffs in a compassionate way
(DBN)

San Jose cloud giant furloughs 27% of global workforce, 1,500 jobs
(DBN)

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Aviation:

U.S. airlines burn through $10 billion a month as traffic plummets
(DBN)

Virgin Atlantic To Lay Off Over 3,000 As United Airlines Seeks Voluntary Cuts
(DBN)

United Airlines Plans To Downsize Thousands Of Workers After Taking Billions Of Dollars From The Government United Airlines service workers’ union sues over schedule cuts after carrier got federal aid
(DBN)

Virgin Atlantic job cuts were the only route to Treasury coffers Branson’s Virgin Atlantic to Cut 3,150 Jobs, Shutter Gatwick Hub
(DBN)

Frontier Airlines will make passengers pay extra to social distance on its flights
(DBN)

Airlines, Airports Seen Needing Costlier Revamp for Virus Era
(DBN)

Airlines would struggle under empty-seat rule: IATA
(DBN)

Alaska seeks to cut monthly cash burn to $200 million by June
(DBN)

Delta Air Thins Out Cabins Further, Going Beyond the Middle Seat
(DBN)

Passenger levels to more than halve at airports after traffic peak in 2019
(DBN)

Lufthansa in talks with Airbus and Boeing on order deferrals
(DBN)

Lufthansa CEO Calls For Level-Playing Field In COVID-19 State Aid
(DBN)

South Africa’s Comair files for business rescue
(DBN)

Inside the Airbus Factory That’s Now Making Ventilators
(DBN)

Tiny Cape Air Paved Way for JetBlue, Spirit to Exit Big Cities
(DBN)

Norwegian Air to sell new shares at close to 80% discount
(DBN)

Gatwick Bears Brunt of Cutbacks With Virgin the Latest to Flee
(DBN)

The lessors exposed to Hainan Airlines’ financial woes
(DBN)

Gulfstream cuts jobs, closes service centre on coronavirus impact
(DBN)

Ethiopian Airlines Ready to Be Savior to Fellow African Carriers
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Retailing:

Lord & Taylor to liquidate its stores as soon as they reopen, sources say
(DBN)

Here's How Warren Buffett Is Tackling the Retail Industry in 2020
(DBN)

2 major problems haunted J. Crew even before coronavirus arrived J.Crew bankruptcy: Uncle Sam can't bail everyone out J.Crew Files Chapter 11; Lenders Pony Up $400MM DIP Financing The Sign Of The Times: J Crew A Debt-Free J.Crew Is Reborn. Finding A New Life Will Be A Challenge Unsecured creditors in J. Crew bankruptcy include Deloitte, clothing companies
(DBN)

Sephora fires back at J.C. Penney in bid to end partnership
(DBN)

Victoria’s Secret Loses an Angel, Needs a Miracle
(DBN)

Nordstrom is preparing to reopen its stores. Here’s what the retailer is changing
(DBN)

Neiman Marcus Likely to File for Bankruptcy Within Days of Finalizing Deal With Lenders
(DBN)

Wayfair surges 35% after announcing 90% jump in April sales as quarantined people buy furniture online
(DBN)

Shifting Priorities: Retail Earnings Could Reveal What Americans Cared Most About During COVID-19 Quarantine
(DBN)

Major retailers face bankruptcy and uncertain futures due to COVID-19 financial crisis
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Sports:

Baseball is bracing for an economic hit. The only question is how bad it will be
(DBN)

Yankees would lead biggest winners from MLB's radical realignment, short season proposal
(DBN)

With Germany reportedly set to allow pro soccer, 10 in Bundesliga test positive for coronavirus Another coronavirus case in German soccer before key meeting
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Baseball resumes in South Korea, bringing innings to a world starved for sports
(DBN)

Golfers say their sport is made for social distancing. Not everyone agrees.
(DBN)

The Bumpy Road to Restarting Even Small Sports Leagues
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Europe’s Priciest Soccer Players Lose Value in Pandemic
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Theatre:

Broadway considers the path forward for shows to go on
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Healthcare:

U.S. hospitals are losing millions of dollars per day in the midst of the Covid-19 pandemic — and recovery may take years
(DBN)

How Small Physician Practices are Struggling to Survive During Coronavirus Pandemic
(DBN)

Doctors Without Patients: ‘Our Waiting Rooms Are Like Ghost Towns’
(DBN)

The ‘beginning of the end’ of the health-care recession is ‘arising’: Jim Cramer
(DBN)

Microsoft Covid Map
(DBN)

Where the virus is spreading fastest
(DBN)

US Death Toll Crosses 70,000 Coronavirus deaths top 70,000 in United States. ‘We’re not out of the woods’
(DBN)

What Is the Real Coronavirus Toll in Each State?
(DBN)

New York, Hit Hardest by Coronavirus, Is the Worst State for Nurses, Study Finds
(DBN)

'The new normal': Ex-FDA chief warns U.S. may not be able to lower coronavirus infection rate
(DBN)

Barr Reportedly Wants the Trump Administration to Stop Its Quest to Destroy Obamacare
(DBN)

Trump says Fauci was blocked from House testimony because of ‘haters’
(DBN)

Will We Shrug Off Coronavirus Deaths as We Do Gun Violence?
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Rural America Is at Risk
(DBN)

New coronavirus revelation explains why outbreaks got so bad, so quickly
(DBN)

New Studies Add to Evidence that Children May Transmit the Coronavirus
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Dr. Scott Gottlieb warns coronavirus cases will rise in May as restrictions lift
(DBN)

A mutant coronavirus has emerged, even more contagious than the original, study says The coronavirus mutated and appears to be more contagious now, new study finds
(DBN)

Covid-19 is way, way worse than the flu
(DBN)

Dr. Fauci Says COVID-19 Has 'Phenomenal' Ability to Spread 'Like Wildfire'
(DBN)

Gilead Under Gun to Mass-Produce Virus Drug or Risk Exclusivity Gilead looking for drug-maker partners for its coronavirus experimental drug
(DBN)

15 children in New York City have developed a puzzling and serious inflammatory syndrome possibly linked to covid-19
(DBN)

Thousands will go uninsured in the Covid-19 outbreak because Republicans rejected Medicaid expansion
(DBN)

What Google searches tell us about our coronavirus thoughts and fears
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A new doctor's fast track from med student to covid-19 fighter, in a hospital filled with loss
(DBN)

Which non-covid doctor's visits should you make, keep, postpone or do by telemedicine?
(DBN)

CDC: Masks given to first responders might be counterfeit
(DBN)

April was another lost month for Trump’s coronavirus response
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The mysterious disappearance of the first SARS virus, and why we need a vaccine for the current one but didn't for the other
(DBN)

Dentists Face Another Hurdle Before Reopening: Too Few Masks
(DBN)

Your genes could determine whether the coronavirus puts you in the hospital - and we're starting to unravel which ones matter
(DBN)

Here come COVID-19 tracing apps - and privacy trade-offs
(DBN)

Virus Concerns Flare Up Again on Stricken Carrier Roosevelt
(DBN)

‘I’m Officially Scared’: Having a Baby During a Pandemic
(DBN)

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Coal:

Coal Snags $31 Million in U.S. Stimulus Loans for Small Business
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Entertainment:

Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment
(DBN)

Disney hit with US$1.4B in costs from coronavirus shutdowns
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Fitness:

Bodybuilding Favorite Gold’s Gym Files For Chapter 11 Bankruptcy Protection Texas-based Gold’s Gym files for bankruptcy, but most locations unaffected
(DBN)

New Hampshire fitness facilities ‘on the verge of bankruptcy’
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Travel:

5 charts show which travel sectors were worst hit by the coronavirus
(DBN)

When will we start traveling again? Here’s what experts are saying
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Economy:

Trump wants coronavirus-hit companies to ‘work it out’ with creditors, not use fed aid
(DBN)

Why the Covid-19 economy is devastating to millennials
(DBN)

Billionaire Sam Zell Sees Economy Permanently Scarred by Pandemic
(DBN)

Demand, Jobs in U.S. Service Industries Collapsed in April ISM Non-Manufacturing Index decreased to 41.8% in April
(DBN)

The Unemployment Number We Should Really Watch
(DBN)

April Credit Managers’ Index Sinks Deeper into Contraction
(DBN)

Pelosi signals support for massive new payroll subsidies as small-business loan fund nears expiration
(DBN)

Vague rules for Paycheck Protection Program complicate Treasury's effort to claw back money Trump Administration Extends Deadline to Return PPP Loans
(DBN)

The coronavirus is outlasting the stimulus
(DBN)

Biggest Bailouts Yet Spark a Crisis of Confidence in Capitalism
(DBN)

Trump names terms for next coronavirus bill, says no 'bailing out poorly run' states
(DBN)

Consumer debt hits new record of $14.3 trillion U.S. Household Debt Reaches Yet Another Record on Home Loans
(DBN)

Chicago Fed economists see 'U-Cov' jobless rate as high as 34%
(DBN)

This is how many furloughed Main Street employees will get jobs back
(DBN)

Fed’s Clarida Sees Economic Recovery Starting in Second Half
(DBN)

The market is getting excited as the Fed prepares to buy corporate bonds
(DBN)

Fed is propping up companies it had warned banks not to touch
(DBN)

No, the Fed can’t save the junk bond market, Goldman warns
(DBN)

Cuomo Blasts Trump: Your Bailout Strategy Will Doom Us All De Blasio calls Trump a backstabbing hypocrite over resistance to local bailouts
(DBN)

Biggest Bailouts Yet Spark a Crisis of Confidence in Capitalism
(DBN)

Trump Eyes New Tax Cuts for Next Stimulus Package Trump's Tax Cuts Dreams Hit GOP Resistance
(DBN)

To Revive the Economy, Governments Get Creative With Debt Sales
(DBN)

The US services sector fell into contraction territory for the first time since the financial crisis in April, ending a 122-month expansion
(DBN)

Trump Pivots to ‘Phase Two,’ Risking More Death to Save Economy A White House economic adviser devised a head-scratching model that shows coronavirus deaths will hit 0 in just 10 days The White House hopes Americans will suddenly stop dying White House economic adviser struggles to explain his pandemic ‘model’ that shows zero deaths by May 15 Trump and His Infallible Advisers Trump just completely mischaracterized new models showing a coming surge in coronavirus deaths New University Of Penn Model Predicts 350,000 Deaths By End Of June If All States Fully Reopen Trump says reopening may result in more deaths, but ‘we can’t sit in the house for the next three years’ The second virus wave: How bad will it be as lockdowns ease?
(DBN)

The US is being presented with 2 choices: the economy or public health. Experts say it's a false dichotomy and there's a 3rd option.
(DBN)

Under Trump push, some states move to reopen despite ongoing outbreak In 7 States Reopening This Week, Coronavirus Deaths Are Still on the Rise Fed’s Evans Says Lifting Stay-at-Home Orders Bold But Risky We spoke with the mayor of Salt Lake City, an investment analyst, and infectious-disease experts to learn about when and how the US will reopen America's reopening will depend on trust Trump cheers on governors as they ignore White House coronavirus guidelines in race to reopen Poll shows Americans widely oppose reopening most businesses, despite easing of restrictions in some states Trump believes Americans are “starting to feel good” about Covid-19. They’re not. Texas sets record for largest gain of COVID-19 cases over a two-day period since pandemic began Texas back in business? Barely, y'all, as malls, restaurants empty A Republican lawsuit could force Wisconsin to reopen immediately States moving forward with reopening are seeing increases in new coronavirus cases Cuomo says economic re-openings must consider human costs Mayor Bill De Blasio Eyes Early September For New York City Back To “As Much Normal As We Can Be” We won't know the impact of states reopening for weeks. Here are several reasons why Virginia Phase 1 Reopening Explained: Gov. Northam to Open Businesses California eases Covid-19 restrictions, allowing some businesses to reopen California allows 3 more Orange County beaches to reopen In clamor to reopen, many black people feel overlooked Trump says ‘there’ll be more death’ from coronavirus, but reopening is worth it Christie: Reopen, People Gonna Die Anyhow
(DBN)

Without 100,000 Virus Contact Tracers, "We're Going to Be in Big Trouble" What to know about contact tracing How to apply to be a contact tracer and make up to $22 an hour with benefits
(DBN)

The next phase of America's coronavirus failure has begun
(DBN)

A leading potential coronavirus vaccine just started human trials in the US. The top scientist at Pfizer told us it could be ready for emergency use this fall Anti-vaccination leaders seize on coronavirus to push resistance to inoculation Coronavirus vaccine trials start for Pfizer, BioNTech
(DBN)

The race to develop a coronavirus treatment
(DBN)

Kushner coronavirus effort said to be hampered by inexperienced volunteers
(DBN)

Trump's favorite trade-war scorecard plunged in March amid a record slump in exports
(DBN)

Nearly half of all US small businesses could close permanently this year due to coronavirus
(DBN)

States with few virus cases get big share of relief aid
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Retail giant Walmart got $12.6 million in federal health stimulus cash intended for doctors and hospitals, but decided to give it back
(DBN)

Congress begins oversight of coronavirus spending
(DBN)

Trump pick to oversee rescue spending pledges impartiality
(DBN)

Relief Aid Is Finally Reaching U.S. Small Businesses After Delays
(DBN)

First Quarter Earnings Were Terrible, But Executives Offer Some Hope
(DBN)

The essential worker trap
(DBN)

Corporate America is in crisis
(DBN)

America’s Cash Assistance Program Appears Dead When People Need It Most
(DBN)

Uber and Lyft face landmark lawsuit over gig worker classification
(DBN)

McDonald's is giving employees in corporate stores a 10% bonus in May as a reward for working during the coronavirus pandemic
(DBN)

The good and bad news about working from home during the pandemic
(DBN)

What Your Post-Lockdown Office Will Look Like
(DBN)

Coronavirus: How Are Countries Responding to the Economic Crisis?
(DBN)

Double Black Swan Hitting Texas Drags Down the Rest of the U.S.
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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:

Property Owner Bankruptcies and Personal Guaranties: What’s Next?
(DBN)

Thinking of Not Paying Rent Amid COVID-19? Landlords Sue Ross Stores, Other Commercial Tenants
(DBN)

Moody’s Analytics CRE Forecasts 11% Drop in Retail Rents in 2020
(DBN)

Worst Property Debt Crash in Years Looms for Workout Specialists
(DBN)

Housing joins mosh-pit scramble for PPP loans
(DBN)

Why Home Prices Are Rising During the Pandemic CoreLogic: House Prices up 4.5% Year-over-year in March
(DBN)

Zillow predicts small home price drop through rest of 2020
(DBN)

Men’s shirt retailer Untuckit taps real estate restructuring firm to renegotiate deals during coronavirus
(DBN)

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Municipalities:

Fear Drives MTA, Illinois Bond Yields to Emerging-Market Heights
(DBN)

Illinois Delays $1.2 Billion Debt Sale After Yield Penalty Soars
(DBN)

Muni Lowdown: Mall of America meltdown -2020
(DBN)

Coronavirus crisis expected to drag neighborhoods deeper into poverty
(DBN)

Trump says coronavirus ‘bailouts’ for blue states are unfair to Republicans
(DBN)

Trump says only blue states have budget woes. He couldn't be more wrong.
(DBN)

Rep. Max Rose rips GOP over coronavirus relief: 'Disingenuous nonsense'
(DBN)

Trump says he might give coronavirus aid to states if they comply with his political demands
(DBN)

States Scramble For More Cash To Cover Soaring Unemployment Claims
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Las Vegas: "Effectively empty for the second half of March"
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Oil/Gas:

Working with Distressed Oil and Gas Customers: Tips on How to Mitigate Your Preference Liability
(DBN)

Oil jumps 19% as investors see 'light at the end of the tunnel' with coronavirus lockdowns slowly lifting Oil surges 20% in fifth straight day of gains on demand recovery and production cuts Oil surges on big bet that drivers will take to the roads as states reopen
(DBN)

Worst is Over for Oil
(DBN)

Supply Destruction Could Send Oil To $70
(DBN)

Aviation Crisis Could Cause Lasting Damage To Oil Markets
(DBN)

Suncor Cuts Dividend 55%, Chops Capital Spending Again
(DBN)

Do Performance Assurance Provisions in Midstream Contracts Provide Real Assurance?
(DBN)

Rejecting oil production cuts, Texas regulators look for other ways to help industry
(DBN)

Shale Producer Hints at Possible Fracking Revival at $30 Oil
(DBN)

Saudi Arabia's Oil Tanker Flotilla Is Reaching The U.S., Despite Some Objections Facebook Twitter Flipboard Email
(DBN)

The 2020 Oil Crash’s Unlikely Winner: Saudi Arabia
(DBN)

Biggest US oil refiner Marathon posts $9.2bn loss as fuel demand dives
(DBN)

Planned $120M renewable-energy plant at South Philly refinery site is not dead
(DBN)

Coronavirus could drive 'mass abandonment' of oil wells
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Personal Finance:

Working From Home Has Benefits Some Don’t Want to Lose
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Cruise Lines:

Cruise companies accused of refusing to let stranded crew disembark due to cost
(DBN)

Norwegian Cruise Line raises 'substantial doubt' about its viability Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments Norwegian Cruise Line Stock Plunges 20% After Company Warns Of Possible Bankruptcy Norwegian Cruise gets US$400 million but isn’t sure it can survive Norwegian Cruise Line tanks 15% after warning investors it has 'substantial doubt' it can keep operating Norwegian Cruise Line in race to raise $2bn Norwegian Cruise Dangles Whopping 13% Yield in Bid for Lifeline
(DBN)

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Agribusiness:

US farmers on brink of bankruptcy as coronavirus hits hard
(DBN)

Farms Are Turning to Waiters and Convicts to Harvest Fruit
(DBN)

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Religion:

Saints emails, lawsuits could be buried in church bankruptcy NFL’s Saints emails, lawsuits could be buried in church bankruptcy
(DBN)

A pastor in the Bronx thought he knew hardship. Then his church saw 13 coronavirus deaths.
(DBN)

Kentucky Governor Failed to Exempt 'Soul-Sustaining' Services from Coronavirus Restrictions, Court Says
(DBN)

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Taxis:

California AG and cities sue Uber and Lyft, alleging they misclassified workers
(DBN)

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Food/Beverage:

Starbucks will reopen 85 percent of its coffee shops, but with new protocols
(DBN)

Restaurant Owners Charged With Fraud in First U.S. Action Over PPP Funds
(DBN)

Some of the world's best restaurants might not reopen for business
(DBN)

Some Wendy's are running out of burgers and pulling menu items as America faces an unprecedented beef shortage
(DBN)

Tyson expects to keep slowing meat production as coronavirus sickens workers and tanks income
(DBN)

Nearly 1,400 Tyson workers at 3 Iowa plants get coronavirus
(DBN)

Meat Shortages Start to Hit Grocery Stores and Restaurants
(DBN)

With meat shortages looming, Kroger rolls out Impossible Burgers
(DBN)

U.S. Meat Workers Are Quitting as Virus-Ridden Plants Reopen
(DBN)

11 State Attorneys General Call for DOJ Investigation Into Top Meat Packers
(DBN)

58 percent of workers at Tyson meat factory in Iowa test positive for coronavirus
(DBN)

Wealthy families are hiring laid-off chefs from NYC's cratering restaurant scene — and paying them up to twice as much to be private employees
(DBN)

Rotting food. Hungry masses. Chaotic supply chains. Coronavirus upends the U.S. food system
(DBN)

Buffets were already on their way out. The coronavirus pandemic may have dealt them a final blow.
(DBN)

Jim Cramer: Many restaurants will close under Tennessee’s reopening guidelines
(DBN)

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History:

Virus-afflicted 2020 looks like 1918 despite science's march
(DBN)

Why Coronavirus Is Punishing the Economy More than Spanish Flu
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Summer Camps:

With camps shut, families face summer in the great indoors
(DBN)

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Fraud:

April 2020 Ponzi Scheme Roundup
(DBN)

Two men first charged with defrauding small biz coronavirus aid program
(DBN)

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Television:

AMC Networks expects a dramatic 30% drop in ad revenue this quarter due to coronavirus
(DBN)

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Education:

46 states have ordered or recommended that schools don't reopen this academic year
(DBN)

Students Sue Rensselaer Polytechnic for Tuition Refund Over COVID-19
(DBN)

Harvard Sees $1.2 Billion Revenue Shortfall Because of Pandemic
(DBN)

The end of campus life: What colleges will look like in the fall, from Zoom classes to deserted quads and sports stadiums
(DBN)

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Transit:

Transit systems face plunging ridership amid virus fears
(DBN)

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Satellites:

Double dilemma for Intelsat Shareholder urges Intelsat to avoid defaulting into bankruptcy
(DBN)

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Guns:

Background Checks For Firearms Remain High Amid Pandemic
(DBN)

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Golf:

International Golf Club in Bolton files for bankruptcy protection
(DBN)

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Non-Profits:

Plug Finally Pulled on La Casa de la Raza
(DBN)

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Newspapers:

Many newspapers ineligible for Payroll Protection Program loans
(DBN)

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Private Equity:

Private Equity, Lobbying the U.S. for Help, Is Mostly Hearing ‘No’
(DBN)

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Biofuels:

Virus Keeping Cars Off Roads Deepens Crop Trader Andersons’ Loss
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (6 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:

Coronavirus has rocked America’s economy — and it’s had a surprising effect on bankruptcy filings
(DBN)

Federal assistance possibly slows April bankruptcy filings
(DBN)

Flood of Arizona Covid-19 induced bankruptcy filings expected soon
(DBN)

U.S. Bankruptcies Fall in April, but Commercial Chapter 11 Filings Rise
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Finance:

Restraining Order To Allow Hospital-Debtors To Obtain PPP Funds
(DBN)

Are You Down with PPP? Not if You’re a DIP: SBA Seeks to Exclude Debtors in Bankruptcy Proceedings from Receiving PPP Loans.
(DBN)

Paycheck Protection Program Loans and DIP Financing
(DBN)

____________

D&O:

Beware the Unexpected Consequences of “Standard” D&O Exclusions
(DBN)

____________

Bankruptcy Reform:

Bankruptcy Court Determines Who May be a Debtor Under Subchapter V
(DBN)

____________

Family Law:

Adding Bankruptcy to a Divorce May Not Grant You the Relief You Are Seeking
(DBN)

____________

Mediation:

Zoom Mediation Works!
(DBN)

____________

Autos:

Hertz avoids bankruptcy with last-minute deal Hertz Gains Loan Forbearances, Waivers From Some Creditors Hertz to restore executive pay amid heavy workload as it looks to dodge a default This Is Just The Beginning Of Troubles For Hertz Hertz Cycling Through Its Bankruptcy Options: Report Lack Of Travelers Puts The Hurt On Hertz
(DBN)

How Carl Icahn's Hertz Car Rental Got Dented
(DBN)

Tesla rally may qualify Elon Musk for $700 million payout — 3 days after he complained that shares were too expensive Elon Musk Clears Last Hurdle to Collect $706 Million Award From Tesla
(DBN)

Fiat Chrysler swings to loss as virus hits production, sales Weighs raising more cash
(DBN)

BMW joins car peers with warning of coronavirus profit slump
(DBN)

GM in talks for US$2B loan to boost liquidity
(DBN)

Avis Raises $500 Million of Junk Bonds to Weather Shutdown
(DBN)

UAW Paves Way for US Factories to Reopen
(DBN)

____________

Student Debt:

Companies to pause some loan collections for 3 months
(DBN)

Healthcare workers' student loans would be forgiven in proposed bill
(DBN)

____________

Nursing Homes:

Boston: Facing unpaid bills, former nursing home operator files for bankruptcy
(DBN)

More than 50 dead as coronavirus ravages Massachusetts nursing home
(DBN)

New York reports 1,700 new coronavirus deaths in nursing homes
(DBN)

US senators seek probe of veterans homes after virus deaths
(DBN)

____________

Politics:

Bush calls for unity. Trump attacks Bush. And then a host of others.
(DBN)

‘They’re all LOSERS’: Trump lashes out at conservative critics over new coronavirus ad
(DBN)

Trump: Abraham Lincoln Had It Easy Compared to Me
(DBN)

Meet the Shadowy Accountants Who Do Trump’s Taxes and Help Him Seem Richer Than He Is
(DBN)

New polling shows warning signs for GOP-held Senate seats
(DBN)

Coronavirus concerns drop in 2020 swing states as GOP fears fall: Poll
(DBN)

Trump blames Russia investigation and his impeachment for not being able to replenish medical supplies during his 3 years as president
(DBN)

Trump says he only will submit to GOP oversight for his administration
(DBN)

Gov. Cuomo rebukes Trump, says coronavirus ‘doesn’t pick Democrats or Republicans’
(DBN)

Senate to focus primarily on nominations, not virus, in first week back
(DBN)

GOP Calls for House of Representatives to Return After Senate Reconvenes
(DBN)

SDNY Judge Reinstates New York's Canceled Democratic Primary in June
(DBN)

Trump says he won't let Fauci testify because the House is "a bunch of Trump haters"
(DBN)

Whistleblower Alleges Trump Administration Ignored Dire COVID-19 Warnings
(DBN)

Kushner’s Coronavirus ‘Shadow’ Task Force Reportedly Prioritized PPE Leads from Fox News Hosts
(DBN)

Poll: Trump's coronavirus treatment advice more harmful than helpful
(DBN)

Why Presidential Lies Are Even Worse Than They Seem
(DBN)

Trump says he will wear coronavirus mask at Honeywell factory if it is required Trump does not wear coronavirus mask at Honeywell factory that makes. . . masks
(DBN)

Fact-checking Trump's knocks at Obama in his Fox town hall
(DBN)

Coronavirus, face masks and America's new fault line Michigan Gov. Whitmer: Protesters 'carried nooses and Confederate flags and swastikas' Ohio's GOP Gov. Mike DeWine calls out 'obnoxious' protesters who targeted health chief, news media Ohio lawmaker refuses to wear face mask because he was created in the 'likeness of God' Masks become a flashpoint for protests and fights as businesses, beaches and parks reopen Man Charged with Possessing Bombs Had Helped Plan Protest Against COVID-19 Restrictions: Report Democratic lawmaker accuses armed protesters of 'hypocrisy' in treatment of police
(DBN)

Conspiracy theories run rampant when people feel helpless. Like now.
(DBN)

White House considers phasing out coronavirus task force
(DBN)

As Trump resumes travel, staff takes risks to prepare trip
(DBN)

Graham's embrace of Trump fuels competitive fight in South Carolina
(DBN)

Chris Christie gets dismantled by The View as panel erupts over his call to ‘sacrifice’ people to COVID-19 Chris Christie: America must return to work and accept that 'people are going to die' from COVID-19 — or face years of devastating economic fallout
(DBN)

Will Americans Lose Their Right to Vote in the Pandemic?
(DBN)

Democrats in new poll say coronavirus death toll is higher than reported, Republicans think it's lower
(DBN)

Jew-haters protest outside Ohio health director’s home after GOP lawmaker smears her as a ‘globalist’
(DBN)

Is It Fair to Compare Joe Biden to Brett Kavanaugh?
(DBN)

Trump runs into trouble with expectations game
(DBN)

A crippled US Postal Service could throw a wrench in November election
(DBN)

____________

Banking:

Banks are facing huge credit losses as their customers suffer through the coronavirus pandemic, S&P warns
(DBN)

Capital One to Keep Most Employees Home Until at Least September
(DBN)

Credit Suisse Staff Told to Expect Return to Work in Four Phases
(DBN)

Credit Agricole Sees Provision Surge as Bank Girds for Bad Loans
(DBN)

UniCredit Posts $2.9 Billion Loss
(DBN)

____________

UK:

More than half a million businesses face high risk of insolvency – survey
(DBN)

Most U.K. Firms Can Be Ready to Reopen Days After Lockdown Lifts
(DBN)

U.K. Approves More Than 69,000 Virus Loans on First Day of Plan
(DBN)

COVID-19: The Emergence of Light Touch Administration in the United Kingdom
(DBN)

Britain’s death toll from the coronavirus rivals Italy’s U.K. coronavirus death toll highest in Europe, but ministers urge caution over comparison
(DBN)

UK Coronavirus Cases Came from EU
(DBN)

Coronavirus deaths in England and Wales pass peak, according to ONS
(DBN)

UK, US kick off post-Brexit free trade talks amid outbreak
(DBN)

How an ever-changing list of requirements makes it almost impossible for thousands of desperate workers to access much-needed JobKeeper payments
(DBN)

There's a gaping flaw with the UK's COVID-19 contact-tracing app — many security experts seem unsure that it will actually work How the UK’s unique coronavirus tracing app works
(DBN)

Johnson shook hands ‘continuously’ despite science panel warnings
(DBN)

UK’s obese residents may be forced to stay home once lockdown ends
(DBN)

UK business activity drops to lowest level on record
(DBN)

U.K. Construction Activity Plunges as Lockdown Shuts Sites
(DBN)

As British car sales collapse, Tesla Model 3 becomes top-selling U.K. vehicle for April
(DBN)

____________

EU:

EU predicts region will contract 7.5% this year in worst economic shock since 1930s
(DBN)

Sweden, UK and 3 other European nations are not seeing a drop in virus cases
(DBN)

Coronavirus reached Europe weeks earlier than thought, say doctors
(DBN)

Only EU State to Weather 2008 to Be Top Performer in Virus Slump
(DBN)

Europe’s Expensive Jobs Rescue Reaches Moment of Truth
(DBN)

Recession Deepens in Europe’s South Amid Lockdown Damage
(DBN)

____________

PIIGS:

After 43 days, kids finally break free from home in Spain
(DBN)

Italy Reports Fourth Straight Decline in New Coronavirus Cases
(DBN)

We Are All Going to Be Greece, Says Allianz Economist on European Debt
(DBN)

____________

Africa:

They're back: Trillions of locusts descend on East Africa in second wave
(DBN)

____________

France:

New Report Suggests Coronavirus May Have Made an Early Appearance in France
(DBN)

France Coronavirus Deaths Rise at Fastest Pace in Six Days
(DBN)

France to Lose Out on Billions in Payouts From Weakened Firms
(DBN)

____________

Germany:

German Factory Orders Slump With Virus Shutdown Freezing Economy
(DBN)

German New Virus Infections Rise Before Talks on Further Easing
(DBN)

For Merkel, Opening German Economy Proves Harder Than Shutdown
(DBN)

Germany Prepares to Open Restaurants in Next Easing Step
(DBN)

Germany eyes accelerated return to normality
(DBN)

____________

China:

China spent years preparing for this economic crash, fearing political dangers
(DBN)

China reportedly running propaganda campaigns to hide coronavirus response
(DBN)

Dr. Fauci again dismisses Wuhan lab as source of coronavirus Fact check: Did Fauci contradict Pompeo on whether coronavirus outbreak originated in Wuhan lab? Trump blames China for coronavirus spread but says ‘they didn’t do it on purpose’ Trump Pushes Virus-From-China-Lab Theory That Divides U.S. Spies Russia says US needs to ‘deliver proof’ if it’s going to accuse China over virus
(DBN)

It Is Time for an Independent Commission on COVID-19
(DBN)

China tourism spending drops nearly 60% during major post-coronavirus holiday
(DBN)

____________

Singapore:

Singapore is not yet halfway through its coronavirus outbreak, says minister
(DBN)

____________

India:

'Mind boggling' 122 million jobs lost in India, says think tank
(DBN)

India’s services activity collapses as country locks down over coronavirus: Survey India’s Services Industry Grinds to Halt, Sending GDP Down 15%
(DBN)

Biggest Job Creator Short of Labor Amid Vast India Unemployment
(DBN)

____________

Sweden:

Coronavirus may have arrived in Sweden in November: Public Health Agency
(DBN)

Sweden’s ‘Gentler’ Lockdown to Limit Economic Damage, SEB Says
(DBN)

Swedish Firms Pay Out Billions to Owners Despite Pleas to Stop
(DBN)

____________

New Zealand:

New Zealand’s Jobless Rate Rises As Virus Starts to Impede Economy
(DBN)

____________

MENA:

Lebanon extends virus shutdown, PM warns of second wave
(DBN)

Herd Immunity, or Big 2d Wave? Israel’s Antibody Testing Hopes to Find Out.
(DBN)

Saudi Arabia Will Enforce Covid-19 Lockdown With Tough Penalties
(DBN)

Dubai Hotel Mogul Says ‘Bleeding’ Firms Need Economy to Reopen
(DBN)

____________

Norway:

Bankers Tell Norway’s Government to Gird for Protracted Crisis
(DBN)

____________

Mexico:

Mexico Eyes Economic Reopening Starting Mid-May, AMLO Says
(DBN)

____________

Argentina:

Argentina, Creditors Said to Look Past Deadline for Debt Deal
(DBN)

Argentine Bonds Edge up as Deadline Looms to Strike Deal With Creditors
(DBN)

Creditors of Argentina are not going to accept the proposal for debt restructuring
(DBN)

Government weighs options after rejecting bondholder debt offer
(DBN)

To save lives and restore growth, creditors should accept Argentina's offer
(DBN)

____________


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