October 8, 2020

The Daily Bankruptcy News

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

Format For Mobile Device



Law:

Am Law 50 Firm Completely Reverses Its Pay Cuts, Announces Some Bonus News
(DBN)

Biglaw Firm Goes With Good News/Bad News Approach For COVID Austerity Measures
(DBN)

Sheppard Mullin lays off staffers as it restores pay
(DBN)

BCLP Cuts 4% of Workforce, Reorganizes Practice Areas and Restores Salaries
(DBN)

Lawyers Should Disclose Intimate Ties With Opposing Counsel
(DBN)

The Online Bar Exam Amounted To Two Days Of Cruel Vindictiveness
(DBN)

Manhattan prosecutor can obtain Trump's tax returns, court rules • Trump cannot block grand jury subpoena for his tax returns, court rules • Trump’s bid to block tax records subpoena based on ‘implausible speculation,’ 2nd Circuit says • 'Just a Matter of Time': Trump Wins While Losing Again as Criminal Probe Seeking Tax Returns Possibly Stalled Until After Election
(DBN)

The Trump Organization Is Trying to Hide Behind Attorney-Client Privilege in Fraud Investigation. We’ve Seen This Movie Before...
(DBN)

DOJ Frees Federal Prosecutors to Take Steps That Could Interfere With Elections, Weakening Long-standing Policy
(DBN)

Justice Department acknowledges ‘inadvertently’ altering Flynn document with sticky note
(DBN)

FBI’s Wray Has No Plans to Quit as Trump Pressures the Bureau
(DBN)

Band member assaulted for speaking Spanish
(DBN)

NY man charged with negligent homicide after confrontation over not wearing mask
(DBN)

De Blasio vows order after unrest over coronavirus restrictions
(DBN)

Trump calls clashes between NYC law enforcement and Orthodox community ‘grim picture’ • Orthodox protesters light large fire in Brooklyn over restrictions
(DBN)

Former Minneapolis Police Officer Charged in George Floyd's Killing Freed on $1 Million Bond
(DBN)

Wisconsin activates National Guard ahead of Alvin Cole decision
(DBN)

Texas police officer charged in fatal shooting of Jonathan Price had been in job six months
(DBN)

Amber Guyger's attorney retained by Texas officer
(DBN)

Police investigative file into Breonna Taylor shooting released
(DBN)

Former jail employees face charges for playing 'Baby Shark' on loop for hours to inmates
(DBN)

Appeals Court Denies Another Attempt To End Census Early By Trump Officials
(DBN)

Court documents ask Parkland parents to prove mental anguish
(DBN)

Thousands of Sick Federal Prisoners Sought Compassionate Release. 98 Percent Were Denied.
(DBN)

U.S. Moves to Prosecute Islamic State Militants Linked to Beheadings
(DBN)

Med-mal lawyer is accused of trying to extort hospital system
(DBN)

Lawyers Call for Congressional Investigations of Rod Rosenstein and Jeff Sessions’s 'Cold-Blooded Mass Human Rights Violation’
(DBN)

Pittsburgh Jewish Community On Edge After White Supremacist Released From Prison... Sentenced Three Previous Times For Espousing Murder Of Jews, Cops
(DBN)

______________

Judges:

BK ED NY: Passing of the Torch to Chief Judge Alan S. Trust, Friday, October 9 at Noon
(DBN)

‘On the Basis of Sex’ and remembering Justice Ginsburg
(DBN)

Liberals Weigh Jurisdiction Stripping to Rein in Supreme Court
(DBN)

Poll finds voters split on Barrett nomination • CNN Poll: Americans are divided over Amy Coney Barrett
(DBN)

Amy Coney Barrett is brilliant; her ascent to the Supreme Court is not
(DBN)

Some Supremely Useful Advice
(DBN)

Amy Coney Barrett's People of Praise ties highlight charismatic Christianity • High court nominee served as 'handmaid' in religious group • What Does It Mean That Amy Coney Barrett Served As A ‘Handmaid’ In A Religious Group?
(DBN)

Republicans Tread Warily on Roe v. Wade Ahead of Amy Coney Barrett Hearing
(DBN)

A Comprehensive Look at Judge Amy Coney Barrett
(DBN)

Dems to focus on issues, not character, at Barrett hearings
(DBN)

Judiciary Democrats question DOJ over Barrett's abortion ad omission
(DBN)

Joe Biden should stop ducking the court-packing issue
(DBN)

Flynn Judge Bias is a ‘Scandal,’ Lawyer Says in Seeking Recusal
(DBN)

______________

Wall Street:

U.S. Stock Futures Rise Ahead of Jobless Claims Data
(DBN)

World stocks head to one-month high on stimulus hopes
(DBN)

Dow rallies more than 500 points for its best day since July • Here’s what happened to the stock market on Wednesday
(DBN)

'Chaos' could erupt on Wall Street if Trump's condition worsens before Election Day, economists say
(DBN)

______________

Layoffs:

Wells Fargo eliminates more than 700 jobs in commercial banking
(DBN)

Danske Bank to cut 1,600 jobs
(DBN)

Boyd Gaming Permanently Lays Off 268
(DBN)

______________

Food/Beverage:

Ruby Tuesday Is Bankrupt, Burdened by 2017 LBO and Covid-19
(DBN)

____________

Healthcare:

'It is a slaughter': A former CDC head privately wrote to Robert Redfield asking him to resign in protest of the White House's coronavirus response
(DBN)

White House clears Food and Drug Administration coronavirus vaccine standards it tried to derail
(DBN)

Science is winning over politics on coronavirus vaccines
(DBN)

Regeneron Seeks FDA Emergency Approval For Covid-19 Therapy Trump Calls A ‘Cure’
(DBN)

President's Three Day Covid Treatment Would Cost You $100,000
(DBN)

Astra expects U.S. trial update within two weeks, analyst says
(DBN)

Moderna Won’t Enforce Patents on Covid Vaccines During Pandemic
(DBN)

U.S. CDC reports 210,232 deaths from coronavirus
(DBN)

Coronavirus infections rise in 23 states and D.C.
(DBN)

How Many Americans Die From The Flu Each Year?
(DBN)

Mask Use Linked to More Accurate Perceptions of COVID-19
(DBN)

White House coronavirus outbreak may have exposed thousands from Atlanta to Minnesota • Vets Group Quietly Told They Might Have Been Exposed
(DBN)

Dr. Fauci gave a grim coronavirus warning that should scare every single one of us
(DBN)

Wisconsin activates field hospital as COVID keeps surging
(DBN)

No, Mr. President. Covid-19 is not easy for everyone to overcome.
(DBN)

I Lost My Mother to COVID-19. Don't Let Anyone Tell You It's Not Something to Fear
(DBN)

'Disconnected from reality': Latinos hit hard by Covid slam Trump's remarks
(DBN)

Antibody treatment for Donald tested using cells originally derived from an abortion
(DBN)

Chris Christie remains hospitalized with COVID-19 in New Jersey
(DBN)

Trump advisers consult scientists pushing disputed herd immunity strategy
(DBN)

Trump's resistance to face masks sets him apart from other world leaders
(DBN)

White House Security Official Contracted Covid in September; Gravely ill
(DBN)

New England Journal of Medicine Calls for Trump to Be Voted Out
(DBN)

Seven Months Of COVID-19 Cost U.S. Half As Many Lives As Nearly Four Years Of World War II
(DBN)

Democrats demand answers from Labor Department on CDC recommendations for meatpacking plant
(DBN)

Almost a third of COVID patients who are hospitalized develop brain malfunction, new study finds
(DBN)

White House physician says Trump has been "symptom-free for over 24 hours"
(DBN)

34 connected to White House infected
(DBN)

Hydroxychloroquine conspiracies are back, but Trump’s the patient now
(DBN)

Senate Democrats push for mandatory coronavirus testing, mask usage
(DBN)

The Trump administration awarded P.P.E. contracts to inexperienced companies.
(DBN)

What Germany's Covid Response Taught Us
(DBN)

Hosting during a pandemic: 30% of Americans will take guests’ temperature before allowing them in
(DBN)

9 takeaways from 'Totally Under Control,' the new documentary filmed in secret about the Trump administration's coronavirus response
(DBN)

As job loss strips Americans of health insurance, diabetics turn to insulin-sharing underground
(DBN)

____________

Movie Theaters:

Wonder Woman Director Warns of Movie Theater Extinction as Pandemic Ravages Film Industry
(DBN)

Cineworld shares fall as secretive Chinese tycoon hikes his stake in the debt-laden cinema chain
(DBN)

'Jurassic World' production halted over positive COVID-19 tests on set
(DBN)

____________

Student Debt:

Biden Affirms: “I Will Eliminate Your Student Debt”
(DBN)

____________

Fitness:

24 Hour Fitness Announces Restructuring Support Agreement to Position Company for Long-Term Success
(DBN)

____________

Tourism:

Hawaii pushes forward with tourism despite safety concerns
(DBN)

Disney Mass Layoffs Signal Bleak Future for Tourist Businesses
(DBN)

____________

Banking:

Citigroup pays $400 million U.S. fine, agrees to fix long-term lapses
(DBN)

Trump Administration Thinks Wells Fargo’s Biggest Problem Is It’s Too Favorably Disposed Towards Black People
(DBN)

Deutsche Bank to Put About 200 of Its Art Works Up for Auction
(DBN)

____________

Finance:

U.S. starts forgiving pandemic loans amid criticism, uncertainty
(DBN)

How COVID-19 Has Altered the Lending Process: Q&A
(DBN)

____________

Accounting:

GE Would Probably Have Been Better Off Doing No Accounting At All
(DBN)

____________

Apparel:

Levi Strauss Net Revenues Drop 27 Pct Amid Pandemic
(DBN)

____________

Pharma:

OxyContin maker nears guilty plea in opioid probe • Purdue close to plea agreement in federal OxyContin investigation: report
(DBN)

____________


Economy:

Fed's Kashkari warns of 'enormous consequences' if fiscal stimulus is not approved — and says there are no 'moral hazards' to support more aid • Fed’s Kashkari Urges Washington to Move Fast on More Relief
(DBN)

Anxious for a Lifeline, the U.S. Economy Is Left to Sink or Swim
(DBN)

FOMC Minutes: "most forecasters were assuming that an additional pandemic-related fiscal package would be approved this year"
(DBN)

FOMC members see faster, uneven recovery with businesses investing
(DBN)

As stimulus talks falter, the U.S. economy faces growth coming to a halt • Bleak outlook without stimulus: More layoffs, anemic growth
(DBN)

Unemployment is world's biggest risk, business leaders say
(DBN)

Public and Private Sector Payroll Jobs During Presidential Terms
(DBN)

New Jobs Stagnating in U.S.
(DBN)

Two Cleveland Houses Tell a Story of America’s Unequal Recovery
(DBN)

Goldman Offers Less-Dire View of Pandemic’s U.S. Economic Damage
(DBN)

Billionaire Wealth Hits $10 Trillion For First Time Ever Thanks To Government Stimulus: UBS
(DBN)

Fed: Are People Overconfident about Avoiding COVID-19?
(DBN)

Top Fed economist says much more QE needed to offset zero bound
(DBN)

Rep. Ruiz: Coronavirus stimulus holdup could exacerbate health disparities
(DBN)

U.S. Consumer Credit Unexpectedly Falls on Credit-Card Balances
(DBN)

Pandemic Hastens Shift to Asset-Light Economy
(DBN)

Fifty Years of Economic History Says Expect L, Not V, for Recovery
(DBN)

A shocking number of women dropped out of the workforce last month
(DBN)

Nearly one-fourth of American households facing layoffs or pay cuts: Census Bureau
(DBN)

Morgan Stanley’s Sheets Goes All-In on V-Shaped Recovery Trades
(DBN)

U.S. Warns Food Costs May Double With Farm-to-Fork Push
(DBN)

Cuomo’s Latest Power Struggle With De Blasio Is Over ZIP Codes
(DBN)

Trump calls on Congress in late-night tweetstorm to approve $1,200 direct payments and small-business aid only hours after cutting off stimulus negotiations • Trump wants to send second $1,200 stimulus checks now. Why that won’t be easy • Republicans want to pass a series of standalone stimulus bills. Here's what that means, and why it's unlikely to happen. • Trump slams door on relief package but asks for new $1,200 stimulus checks • Graham urges Trump to consider bipartisan COVID-19 relief package • The Relief Deal Blowup: What are Pelosi and Trump Thinking? • Republicans frustrated by Trump's messages on COVID-19 aid • Trump’s confusing back-and-forth on fiscal stimulus, sort of explained • White House: ‘Too Close To The Election’ For Coronavirus Relief But Not A Supreme Court Justice • In Scuttling Stimulus Talks, Trump Invites Political Risk for Himself and Republicans • Trump holds America hostage with stalled covid relief • Trump’s back-and-forth injects chaos into Covid relief effort • Trump’s Stimulus Shutdown Falls Hardest on 12 Million Unemployed • Who is left in limbo by the stalled stimulus talks • Trump gambles with new stimulus strategy • Trump infuriates business groups by halting COVID-19 talks • GOP plunged into crisis as Trump abruptly ends economic relief talks, dismisses virus
(DBN)

Trump Calls on Congress to Pass Stimulus Hours After . . . Scrapping Stimulus Talks
(DBN)

Democrats, Not Trump, Hold the Economy’s Fate
(DBN)

As Washington fumbled relief talks, economy's cracks deepened in recent months
(DBN)

Some states overpaid unemployment insurance, and are making workers pay it back
(DBN)

Unemployment benefits may pay just $5 a week without stimulus deal
(DBN)

COVID-19 will mean higher winter energy bills
(DBN)

NYC mayor warns of bleak days ahead with coronavirus outbreak
(DBN)

COVID-19 fuels world's first rise in extreme poverty since 1990s • Coronavirus Has Thrown Around 100 Million People Into Extreme Poverty, World Bank Estimates
(DBN)

Joe Biden and Kamala Harris’s proposals could cut poverty in half
(DBN)

Why the U.S. economy just downshifted, and how to reverse that
(DBN)

Targeting Black Unemployment Would Keep Fed Rate Near Zero to 2025
(DBN)

Food banks and pantries see explosive demand in North Carolina during pandemic • Top US Food Bank Warns Of Nationwide "Meal Shortages" In Next 12 Months
(DBN)

Stanford professor says he’s not optimistic about a work-from-home economy—here’s why
(DBN)

Americans Are Driving Less Than Before Pandemic, and It’s Permanent
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Framing Lumber Prices Up 65% Year-over-year
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

With stimulus talks stalled, renters — and landlords — brace for new wave of evictions
(DBN)

TX AG's involvement in rushed AG opinion raised red flags
(DBN)

One Simple Reform Could Save U.S. Homeowners Billions
(DBN)

400,000 mortgage borrowers are “needlessly delinquent”
(DBN)

Will remote work change central business districts?
(DBN)

Turning over a new lease: Uncertainty looms over listed retail landlords' income
(DBN)

____________

Municipalities:

Trump to appoint new member to Puerto Rico oversight board
(DBN)

Puerto Rico bondholders ask court to put deadlines for board debt proposal
(DBN)

How tourist towns might survive the pandemic
(DBN)

Las Vegas High-Speed Rail Bonds Test Wall Street’s Risk Appetite
(DBN)

Flint residents sue investment banks, accuse them of helping create water crisis
(DBN)

____________

Oil/Gas:

Problems Are Piling Up For Oil Majors
(DBN)

Top oil and gas companies see market cap spiral lower in Q3
(DBN)

Judge Isgur Continues Emergency Request Permitting Intercompany Payments to Nondebtor OMP to Oct. 15, Citing Concerns Over ‘Adequate Protection,’ Notice; Grants Interim Approval of DIP, Conditional Approval of DS
(DBN)

Energy companies’ climate pledges don’t match plans – report
(DBN)

Oil sector supplier Utex Industries files for Chapter 11
(DBN)

Kamala Harris: "Joe Biden will not ban fracking. That is a fact"
(DBN)

____________

Retailing:

Retailers Brace for a Black Friday Without Crowds
(DBN)

J.C. Penney has nine days to sign deal while judge seeks new bid • J.C. Penney’s debt holders prepare a last-minute rival bid for retail real estate • Penney Judge Urges Aurelius Group to Bid With 9 Days to Deadline
(DBN)

True Religion's bankruptcy plan OK'd by court
(DBN)

Stimulus doubts stoke uncertainty for shoppers, retailers just as holiday season begins
(DBN)

New York City Shopping Inches Back. No Store Required.
(DBN)

Department stores' decade of decline
(DBN)

Retail Bankruptcies Could Go From Bad To Worse In 2021
(DBN)

Shoppers Return to Ikea and Other Furniture Stores In Droves
(DBN)

____________

Politics:

Pence, Harris spar over COVID-19 in vice presidential debate • AP Fact Check: Pence echoes Trump misfires in VP debate • Post-debate CNN poll: Harris seen as winner in a contest that matched expectations • Who Won the VP Debate • Pence Interrupted Twice As Much As Harris, Spoke Longer • Vice Presidential Debate: Why Mike Pence's Eye Is Concerning Viewers • Bizarre moment huge fly sticks to Mike's head • 5 takeaways from the VP debate • Harris sometimes ignored questions she was asked. Pence routinely paid them even less attention • Quotes from policy-heavy debate between Kamala Harris, Mike Pence • A question that showcased America's deep divisions • Luntz: Some Found Harris Abrasive • Pence's alternative pandemic world • ‘Pence Proved Better at Politics Than His Running Mate’ • What was true and what was false from the VP debate • A night of head-shaking, lip-pursing and eyebrow-raising at the vice-presidential debate
(DBN)

More than 5.5M people have already voted, over 70 times more than 2016
(DBN)

More than 60 percent of Democrats plan to vote early, just 28 percent of Republicans: poll • Extreme Partisan Gaps in Early Voting Emerge This Year
(DBN)

Historic Numbers Of Early Voters Swarm Polling Places, Creating Long Lines
(DBN)

Election Officials Preparing for Potential Unrest at Polls • Majority of Americans believe country on verge of civil war... 56% expect violence after Election Day
(DBN)

How Voter Intimidation Could Get Uglier
(DBN)

Republicans are spending $60 million on a digital get-out-the-vote campaign.
(DBN)

These Americans Are Determined to Cast a Last Ballot Before Dying
(DBN)

Biden’s Chances of Winning Hit Record 82.8%: FiveThirtyEight • Who’s ahead in the national polls? • Quinnipiac Poll: Biden +11 FL; +13 PA
(DBN)

Retired GOP Governors Come Out for Biden
(DBN)

Sen. Ted Cruz: 'I'm Worried About the Election'
(DBN)

'Grim' Senate map
(DBN)

Food Banks Throwing Out Trump's Letter
(DBN)

As polls creep closer, Trump campaign hasn't run TV ads in IA, OH for weeks • Donald Trump Is Canceling TV Ads In Midwest States That Made Him President • Biden Leads Trump in Nevada and the Two Are Tied in Ohio, Polls Show
(DBN)

More than half in new poll expect violence after Election Day
(DBN)

Trump's spy chief declassified a slew of documents that national security veterans say was part of an effort to boost the president's Russia claims
(DBN)

Etsy is banning QAnon merch
(DBN)

Citigroup fires tech executive who ran popular QAnon website
(DBN)

Rasmussen: Biden leads Trump by 12 points nationally • Trump statistically tied with Biden in Arizona district the president won by 11 points in 2016: poll
(DBN)

Pence, Harris test negative for COVID-19 ahead of debate • Harris Team Is Confident About Health Precautions at Debate • Pence’s In-Person Debate With Harris Stirs Public-Health Worries • The plexiglass barriers at tonight’s debate will be pretty useless, virus experts say • Pandemic likely to dominate debate between Pence, Harris
(DBN)

The Infected President’s Ill-Advised Trip to Bedminster
(DBN)

Republican Congressman Refuses COVID-19 Test After Staffers Test Positive
(DBN)

Top Texas court rejects GOP leaders’ bid to limit early voting time • Texas Supreme Court rules major county can't mail ballot applications to all voters
(DBN)

Texas Governor Defends Limiting Counties to One Ballot Drop Box • Dem Leaders Investigate Texas Gov. Greg Abbott Over Limit on Mail Ballot Drop-Off Locations
(DBN)

The Republican Party Is Terrified of Voters
(DBN)

Two of These Mail Ballot Signatures Are by the Same Person. Which Ones?
(DBN)

A court rules that Arizona voters must fix missing signatures by Election Day.
(DBN)

Cook Political Report moves South Carolina Senate race to 'toss-up'
(DBN)

Hayden endorses Biden, says Trump 'doesn't care about facts'
(DBN)

White House disputes Kudlow claim that Trump worked in Oval Office • Trump back working in Oval Office after COVID-19 diagnosis • Trump, who is still infected with COVID-19 and likely contagious, has returned to the Oval Office • Trump returns to Oval Office despite isolation rules, infection risks • 'It Is Reckless.' Trump Placing White House Staff At Risk Of COVID-19, Author Says
(DBN)

Credit Suisse sees blue sweep as 'dominant narrative' in markets
(DBN)

In Florida, the Gutting of a Landmark Law Leaves Few Felons Likely to Vote
(DBN)

____________

Mail:

Mail carrier charged with dumping ballots
(DBN)

____________

 
New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 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)

______________

Bankruptcy Statistics:

Tracking Bankruptcy Filings in the COVID-19 Crisis
(DBN)

The torrid pace of bankruptcy filings by U.S. businesses has ebbs and flows, but the tide is not receding
(DBN)

Toledo: Bankruptcy filings stay on downward trend
(DBN)

Pandemic, oil crash trigger bankruptcies in Corporate America
(DBN)

______________

Bankruptcy Bonuses:

Hertz drops executive incentive pay that bankruptcy judge called offensive
(DBN)

____________

Letters of Credit:

Letters Of Credit: Tool or Trap for Trade Vendors Dealing With Customers at Risk for Bankruptcy
(DBN)

____________

Miscellaneous:

Global Insolvency Report: Impact of Covid-19 on Insolvency Laws
(DBN)

____________

Successor Liability:

Successor Liability Concerns in Distressed Transactions
(DBN)

____________

Arbitration:

Court Addresses Arbitration Provision in Connection With Post-Petition Debtor Contracts
(DBN)

____________

Aviation:

Trump again calls for more airline aid after halting talks for broader stimulus
(DBN)

Pelosi, Mnuchin talk airline aid after Trump nixes big stimulus • U.S. airlines await new shot at federal aid as Pelosi, Mnuchin talk • Pelosi and Mnuchin discussed standalone airline bill, to talk again • Pelosi Open to Aid for Airlines but Resists Stimulus-Checks Bill • White House lurches in new direction on stimulus talks, pushing for airline aid
(DBN)

Booking CEO pleas for aid for airline industry: ‘Why do we want to wreck it?’
(DBN)

Nearly a million travel industry and airline workers are left in the lurch as Trump see-saws on stimulus talks
(DBN)

Delta is shuffling its management ranks as coronavirus reshapes airline needs
(DBN)

United Airlines and JetBlue will soar nearly 50% on upgraded outlooks for ample cash through 2022, JPMorgan says
(DBN)

U.K. Mulls Covid Tests for Arrivals in Bid to Restart Air Travel
(DBN)

EasyJet to Pull Planes From Venice, Naples on Demand Slump
(DBN)

Malaysia to stop funding state airline if lessor talks fail - letter
(DBN)

Decision soon on Alitalia repaying millions in aid -EU's Vestager
(DBN)

Air Namibia to Resist Liquidation
(DBN)

World's first Covid passport to be trialled on flights
(DBN)

Airlines testing app to verify travelers' coronavirus test results
(DBN)

EasyJet warns first ever annual loss could top $1 billion
(DBN)

AirAsia X may see creditors’ approval on liquidation risk
(DBN)

Cebu Air to Raise $500 Million, Reduce Fleet and Network
(DBN)

London-based Kalrock Capital says it has won bid for Jet Airways
(DBN)

____________

Food/Beverage:

Ruby Tuesday Falls Into Ch. 11 To Deal With COVID-19 Impact • It's Not Goodbye, But Not Good Either: Ruby Tuesday Declares Bankruptcy • Ruby Tuesday files for bankruptcy, will close 185 restaurants for good • Ruby Tuesday Is Bankrupt, Burdened by 2017 LBO and Covid-19
(DBN)

Chicken plants are more dangerous places to work than coal mines
(DBN)

Restaurant industry scrambles for solutions as Trump cuts off stimulus talks
(DBN)

Lenders Get Stuck With Busted Eateries After Bidders Get Scarce
(DBN)

163 Pizza Hut restaurants up for sale after franchisee files for bankruptcy
(DBN)

Shake Shack Founder: No Stimulus A 'Crushing Blow' For Eateries
(DBN)

____________

Climate:

Pence refused to concede climate change is a manmade 'existential threat' during the vice-presidential debate
(DBN)

Hurricane Delta slams into Mexico near Cancun with Louisiana its next target late Friday • Hurricane Delta hits Cancún, but resort city appears to have escaped major damage • Cancun Spared Worst by Hurricane Delta But Costly Recovery Ahead • Busy 2020 hurricane season has Louisiana bracing a 6th time
(DBN)

Why California's Devastating Wildfires Will Push Home Prices Even Higher
(DBN)

Nitrous Oxide Is Leaking Into the Atmosphere at a Dangerous Pace
(DBN)

U.S. sees record number of climate disasters costing US$1B
(DBN)

Earth just had its hottest September, experts say 2020 could break all records
(DBN)

____________

Education:

Boston schools pause reopening plan after rise in coronavirus cases
(DBN)

Only one of their kids survived Sandy Hook. Now school posed a new threat: covid-19.
(DBN)

One Alabama university stayed safe during the coronavirus outbreak. Another, 60 miles away, struggled.
(DBN)

____________

Sports:

NFL sends coronavirus protocol changes to teams, with decision looming on Titans' facility
(DBN)

NFL's virus issues worsen, as players on three teams test positive
(DBN)

Patriots' Stephon Gilmore, Titans and Raiders players test positive for the coronavirus
(DBN)

____________

Autos:

Hertz proposes revised employee incentive plan to drive itself out of bankruptcy
(DBN)

Why Hertz Shares Popped 16% Tuesday
(DBN)

Vatican used charity funds to bet on Hertz credit derivatives
(DBN)

U.S. auto suppliers scramble to fill factory jobs
(DBN)

____________

Religion:

Church of England’s Culture Fostered Sex Abuse, Report Finds
(DBN)

Catholic bishop in Missouri criticized for letter on voting
(DBN)

____________

Transit:

NYC Ferry Operator Gets Rescue Financing From Niagara Transfer
(DBN)

____________

Sovereigns:

After the Argentine debt restructuring: a test for collective action clauses
(DBN)

Indebted countries may face long negotiations after China's aggressive lending
(DBN)

____________

UK:

Changes to temporary measures impacting UK insolvency proceedings – a bite sized update
(DBN)

More than half of UK's event companies expect bankruptcy by spring
(DBN)

‘Pubs and restaurants facing jobs cliff edge’
(DBN)

Nearly 500,000 redundancies planned since crisis began
(DBN)

Greene King to close pubs and axe 800 jobs as curfew hammers pub industry
(DBN)

Boris Johnson's scientific advisers want 'urgent and drastic action' to stop a surge of coronavirus deaths in the UK • Boris Johnson Warns of New Covid-19 Outbreaks in London and Midlands
(DBN)

Brexit deal creeps closer but Brussels warns ‘we just don’t see it’
(DBN)

U.K. Plans to Quit Brexit Trade Talks If No Deal Seen by Oct. 15
(DBN)

Boris Johnson Plans Extra Help for U.K. Businesses Hit by Covid Rules
(DBN)

Rishi Sunak Faces No Urgency to Balance Books, Fiscal Watchdog Says
(DBN)

British Dorms on Lockdown After Coronavirus Outbreaks
(DBN)

Britain's banks turn cyber sleuths to crack $100 billion mortgage mystery
(DBN)

Unexplained Wealth Orders: Suspected money launderer gives up £10m of property
(DBN)

____________

EU:

Europe Struggles to Curb Virus With Records in Spain, France
(DBN)

Hospital Beds Filling, Bars Closing With Nearly All European Countries At Critical Coronavirus Threshold
(DBN)

European countries tighten restrictions as coronavirus cases soar
(DBN)

____________

PIIGS:

Italy imposes mask mandate outside as coronavirus rebounds
(DBN)

Spain unveils economic recovery plan amid pandemic
(DBN)

Spanish Court Blocks Madrid’s New Covid Restrictions
(DBN)

____________

Canada:

Supreme Court of Canada clarifies the place of the Anti-Deprivation Rule in Canadian Insolvency Proceedings
(DBN)

In echo of Toronto, condos start flooding the market in Montreal
(DBN)

____________

MENA:

EU gives Palestinians ultimatum by linking aid to financial ties with Israel
(DBN)

Iran’s Deaths From Coronavirus Pandemic Hit New Daily Record
(DBN)

Arabtec collapse shakes foundations of Gulf construction business
(DBN)

____________

Brazil:

Bolsonaro’s Addiction to Covid Cash Could Make Brazil Go Bust
(DBN)

Brazil tops 5 million coronavirus cases
(DBN)

____________

New Zealand:

New Zealand Stamps Out the Coronavirus. For a Second Time.
(DBN)

____________

Indonesia:

Indonesia Virus Cases Rise by the Most Since Start of Outbreak
(DBN)

____________

Netherlands:

"Dutch scheme" adopted by Parliament
(DBN)

It is here: the Dutch Scheme of Arrangement
(DBN)

____________


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

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

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

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

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

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

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

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

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

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2020