April 1, 2020

The Daily Bankruptcy News

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Law:

Bankruptcy Advisers Are Frantically Busy, Just Not in Court, Yet
(DBN)

Am Law 100 Firm Cuts Partner Pay Entirely, Reduces Associate Salaries By 25 Percent Cadwalader Halts Partner Pay, Cuts Associate and Staff Compensation Cadwalader Reduces Pay to Avoid Layoffs During Virus Crisis
(DBN)

Associate Salaries Slashed By 20 Percent To Protect Law Firm’s ‘Viability’
(DBN)

Pay cuts, layoffs, lower partner distributions part of BigLaw response to COVID-19 impact
(DBN)

Biglaw’s Bleak Reality: The Layoffs Have Only Just Begun
(DBN)

Fawkes and Jackiw Join Tucker Ellis to Expand Firm's Capabilities in Bankruptcy, Insolvency, and Creditors' Rights
(DBN)

M&A activity crashes
(DBN)

Businesses Face Tough ‘Essential Services’ Questions in Pandemic
(DBN)

Biglaw Firm Furloughs Associates; Firm ‘Hopeful’ They Can Return To Work Soon
(DBN)

Fallout From Quarantines Likely to Keep Divorce Attorneys Busy
(DBN)

Law Students In The Age Of Coronavirus
(DBN)

Nonprofit AccessLex Institute sets up emergency fund for law students during pandemic
(DBN)

WNBA Star To Hang Up Her Sneakers For The Joys Of Law School
(DBN)

This Biglaw Firm Is Killing It With Double-Digit Profits Per Equity Partner Gains
(DBN)

3 Tips For Home Productivity 4 ways to be productive and avoid distractions when working from home
(DBN)

COVID-19: A Practical Handbook for Clients
(DBN)

How to video chat without embarrassing yourself
(DBN)

Privacy concerns grow over Zoom videoconferencing Zoom isn’t actually end-to-end encrypted Lawsuit: Zoom illegally sold users’ personal data Zoom dips after lawsuit claims it disclosed personal data
(DBN)

8 Proven Ways to Make a Great First Impression in Business
(DBN)

How to practice law remotely and efficiently during the COVID-19 crisis
(DBN)

Above the Law founder David Lat is transferred out of ICU and taken off ventilator
(DBN)

Law prof suggests COVID-19 will gradually weaken, spars with reporter who questions theory
(DBN)

Carter Page Was the Rule, Not the Exception: DOJ Inspector General Finds FBI Routinely Abused FISA Process Michael Horowitz — Lindsey Graham Calls on IG to Testify in Further FISA Hearings
(DBN)

Rikers Island Chief Physician Warns Coronavirus Cases ‘Growing Quickly’ in NYC Jails, Says 20 Percent Will Need Hospitalization
(DBN)

The legal scholar who shaped Trump’s coronavirus response defends his theory
(DBN)

Florida sheriff getting 6 tips a day in 1997 ‘Tiger King’ disappearance
(DBN)

Federal judges in Texas and Ohio block pandemic-related abortion bans Texas’s Ban On Abortions During The Coronavirus Outbreak Can Go Back Into Effect Following An Appeals Court Ruling What it takes to get an abortion during the coronavirus pandemic
(DBN)

Judge says US failed to promptly release detained immigrant children from ‘hotbeds for contagion’ A Judge Ordered ICE To Release More Immigrants From Custody To Protect Them From The Coronavirus Outbreak
(DBN)

Prosecutors: Brooklyn Man Coughs On FBI Agents During Price Gouging Arrest
(DBN)

NJ Couple Faces Child Endangerment Charges for Coronavirus-Defying Party
(DBN)

Dismantling democracy? Virus used as excuse to quell dissent
(DBN)

US man teaching dog how to drive arrested after high-speed chase
(DBN)

Idaho's Republican Governor Bars Transgender Women from Competing in Women's Athletics
(DBN)

Michigan man admits flashing people for decades, could face life in prison
(DBN)

Lawyer who interrupted deposition 145 times is ordered to pay $1,000 and attorney fees
(DBN)

New York Police Commissioner Says 15 Percent of Uniformed Officers Are Out Sick Amid Coronavirus Pandemic
(DBN)

Alabama and Massachusetts Are Handing the Addresses of People With Coronavirus Over to Police
(DBN)

California to Release Up to 3,500 Inmates in Response to Virus
(DBN)

Protests Among ICE Detainees Grow As Four Test Positive For Coronavirus
(DBN)

He Was Ordered to Self-Isolate. He Didn’t. Now He’s Facing Criminal Charges.
(DBN)

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Judges:

Judiciary Authorizes Video/Audio Access During COVID-19 Pandemic
(DBN)

The Legal Incoherence Of Wannabe Theocrats Is On Full Display This SCOTUS Term
(DBN)

Lawyer who used gay slur to refer to judge should get stayed suspension, opinion says
(DBN)

Closed federal courts can hold hearings by video and teleconference in criminal cases
(DBN)

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Wall Street:

Dow futures fall 700 points after market posts worst first quarter on record
(DBN)

European stocks post their worst quarter since 2002: Here’s what to expect now European markets open lower after US warns of soaring coronavirus death toll
(DBN)

Dow drops 400 points as stocks close out their worst first quarter ever Dow, S&P 500 post worst March since the Great Depression
(DBN)

Gundlach Says Stocks to Fall Beyond Lows Reached in March
(DBN)

Famed investor Jim Rogers expects 'worst bear market in my lifetime' in coming years Jim Rogers: Worst Market Ever is Coming
(DBN)

Supercharged Debt Bets Unravel and Expose Wall Street’s Big Risk
(DBN)

Rogers, Gundlach Say the Worst of the Rout Has Yet to Come
(DBN)

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Layoffs:

PayPal is the latest company to take a no coronavirus-layoffs pledge
(DBN)

A coronavirus recession will mean more robots and fewer jobs
(DBN)

U.S. Betting Furloughed Is Better Than Fired for 600,000 Workers
(DBN)

Bank of America: Coronavirus will not lead to any layoffs in 2020
(DBN)

Start-ups cut nearly 4,000 jobs in March as the coronavirus ripples through tech
(DBN)

Hundreds Of Thousands Of Retail Workers Are Losing Their Jobs Due To Coronavirus
(DBN)

SeaWorld furloughs 90% of workers because of virus crisis
(DBN)

Air Canada to layoff 15,000
(DBN)

Experts expect 8,000 layoffs in Bibb County due to COVID-19 pandemic
(DBN)

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Healthcare:

Rural hospitals and medical practices struggle during coronavirus shutdown
(DBN)

West Virginia hospital announces closure amid pandemic
(DBN)

Hospitals Burn Through Cash While Congress Weighs Next Stimulus
(DBN)

From a company’s bankrupt carcass comes donation of swabs to CHOP for COVID-19 testing
(DBN)

Virus Outbreak May Send Health Premiums Soaring, Say Analysts
(DBN)

Why America is scared and confused: Even the experts are getting it wrong
(DBN)

Taxpayers Paid Millions to Design a Low-Cost Ventilator for a Pandemic. Instead, the Company Is Selling Versions of It Overseas.
(DBN)

Bankruptcy court declares 'easy call' in approving lease of Astria Regional for state COVID-19 efforts
(DBN)

Coronavirus researchers identify strongest symptom after analyzing over million people
(DBN)

The Health Insurance Crisis at Our Doorstep
(DBN)

White House Will Not Reopen Obamacare Enrollment for Virus
(DBN)

Coronavirus Cases Pass 860,000, Record New Deaths in France, Spain, U.K.
(DBN)

We May Be Underestimating the Coronavirus Death Toll
(DBN)

State-by-State Coronavirus Projections Show How COVID-19 Could Impact U.S.
(DBN)

We followed New York City 'deathcare' workers as they collected the bodies of people killed by the coronavirus, and saw a growing, chaotic, and risky battle ‘I Still Can’t Believe What I’m Seeing.’ What It’s Like to Live Across the Street From a Temporary Morgue During the Coronavirus Outbreak NYC morgues, cemeteries overwhelmed as coronavirus death toll rises Life on a Block With an Emergency Morgue Truck: “We Hear the Hum of the Refrigerator Going All Night Long” Faced with a crush of patients, besieged NYC hospitals struggle with life-or-death decisions
(DBN)

Dr. Fauci Says New York’s Coronavirus Response Has Been ‘Extraordinarily Powerful,’ Admissions Are Starting to Level Off Due to Mitigation
(DBN)

Charts show the coronavirus infection curves in US, Italy and Spain
(DBN)

US COVID-19 Tests per Day #TestAndTrace
(DBN)

Grim Models Project High U.S. Toll
(DBN)

Nurse helps family say goodbye through FaceTime
(DBN)

N.Y. Virus Deaths Exceed 1,500, With Apex Still Weeks Away New York Cases Jumps to 75,795
(DBN)

New Jersey Reports More Than 2,100 New Cases of Coronavirus
(DBN)

Louisiana sees largest spike in reported coronavirus cases in 24-hour period
(DBN)

China Reports 130 Asymptomatic Cases of Coronavirus in One Day
(DBN)

‘It is affecting every age group’: 3D video shows extensive damage to lungs caused by COVID-19
(DBN)

Will the coronavirus wilt in summer heat? Maybe, but don’t count on it
(DBN)

No proof drug touted by Trump is effective against coronavirus: EU
(DBN)

State-by-State Coronavirus Projections Show How COVID-19 Could Impact U.S. Over Next Four Months
(DBN)

Study: Ibuprofen Among Drugs Found Safe To Use In Treatment Of Coronavirus
(DBN)

De Blasio Asks Plastic Surgeons: Can You Spare a Ventilator?
(DBN)

America's deadliest day to date: Coronavirus death toll soars to 3,180 - an increase of 605 with a person dying every two minutes As Europe Reels, US Braces For Staggering Virus Death Toll White House Predicts As Many As 240,000 U.S. Deaths From Coronavirus
(DBN)

Infected but Feeling Fine: The Unwitting Coronavirus Spreaders
(DBN)

Navy scrambles to aid aircraft carrier as more than 100 sailors test positive for coronavirus Navy captain pleads for help as coronavirus sweeps through aircraft carrier Captain wants nearly all crew quarantined on Guam after outbreak at sea Esper Says He Hasn't Read Captain's Plea From Coronavirus-Stricken Carrier
(DBN)

Coronavirus still much deadlier than the flu, but not as bad as previously reported: study Coronavirus Death Rate Could Be Way Lower Than Previously Thought: Study
(DBN)

Expert: Why I Was Wrong on Coronavirus
(DBN)

Ritzy celebrity enclaves like Beverly Hills and Bel Air are hit hardest by coronavirus with number of cases higher than most other neighborhoods in LA county
(DBN)

New York state just surpassed China’s Hubei province for reported coronavirus cases
(DBN)

Cuomo says coronavirus is ‘more dangerous’ than expected as New York cases jump
(DBN)

Coronavirus government response updates: Masks for all being considered: Fauci Fauci: Mask-wearing recommendation under ‘very serious consideration’
(DBN)

Putin Sends Military Plane With Coronavirus Aid to Help U.S.
(DBN)

Trump says people can ‘wear a scarf’ to prevent coronavirus
(DBN)

Governors plead for medical equipment from federal stockpile plagued by shortages and confusion
(DBN)

Governors plead with other states for more health care workers to fight coronavirus
(DBN)

Group of Austin spring breakers test positive for coronavirus after trip to Mexico
(DBN)

Coronavirus could travel 27 feet, stay in air for hours: MIT researcher
(DBN)

The truth about face masks and the coronavirus: Wearing masks in crowded places may help reduce the spread, but it isn't a perfect solution
(DBN)

New York hospitals received damaged ventilators
(DBN)

Pence task force freezes coronavirus aid amid backlash
(DBN)

Hospitals tell doctors they’ll be fired if they speak out about lack of gear Frightened Doctors in Coronavirus Pandemic Face Off With Hospitals Over Gear ‘Muzzling nurses’: Hospital workers threatened with ‘termination’ for voicing coronavirus shortages
(DBN)

A Major Medical Staffing Company Just Slashed Benefits for Doctors and Nurses Fighting Coronavirus
(DBN)

Out of Retirement, Into the Coronavirus Fight
(DBN)

Woman Sick After Husband Hid Coronavirus Symptoms To Visit Her Maternity Ward
(DBN)

Shocking video shows the bodies of NYC coronavirus victims being forklifted into a refrigerated truck used as a temporary morgue
(DBN)

The top infectious disease expert in the US says we're seeing 'glimmers' that social distancing is helping, but says a turnaround is yet to come
(DBN)

Social distancing could be the best way to slow the spread of the coronavirus. Here are the 13 states practicing it the best based on smartphone location data, ranked.
(DBN)

Will the US Supreme Court let Trump deport 27,000 healthcare workers despite coronavirus?
(DBN)

What Takes So Long? A Behind-The-Scenes Look At The Steps Involved In COVID-19 Testing
(DBN)

Extroverts (and introverts, too) face quarantine challenges
(DBN)

'Pavement wars' hit cities as coronavirus distancing pits joggers against dogs
(DBN)

The giant floating hospital outside New York isn’t for coronavirus
(DBN)

Coronavirus Hospital In Central Park Sparks Backlash Over Anti-LGBTQ Ties
(DBN)

NYC to turn US Open tennis courts into coronavirus hospital
(DBN)

New York City landmarks convert to hospitals amid coronavirus pandemic
(DBN)

Virus disrupts pregnancy plans, raises anxiety and questions
(DBN)

Medicare and Medicaid patients get access to telemedicine, but challenges remain
(DBN)

Coronavirus and mental illness: ‘We are not made for social isolation.”
(DBN)

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Hotels:

Hotel industry warns of looming financial crisis
(DBN)

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Dairy:

Dairy Farmers of America wins bid to buy Dean Foods' assets for $433M Bankrupt milk producer Dean Foods finds buyers for ‘substantially all’ of its processing plants
(DBN)

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Finance:

Distressed Borrowers Seek Creative Lending to Survive Virus
(DBN)

Funds Available to Businesses Under the Coronavirus Economic Stabilization Act (CARES ACT Title IV)
(DBN)

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Private Equity:

Private Equity Frets That It’s a Loser in $2 Trillion Virus Bill
(DBN)

Private equity groups seek US small business rescue loans
(DBN)

Private equity lobbied for $500 billion coronavirus bailout fund
(DBN)

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Coal:

Cash-Strapped Coal Giant Murray Energy Faces Liquidation
(DBN)

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Newspapers:

America’s local newspapers confront an apocalypse
(DBN)

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Furniture:

Art Van Furniture in ‘Cataclysmic’ Situation, Facing Liquidation
(DBN)

La-Z-Boy lays off 6,800, slashes salaried workers' pay, closes stores
(DBN)

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Bicycles:

Bankruptcy of former parent has no impact on Public Bikes brand
(DBN)

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Logistics:

Essential and Exposed: Anxiety Spreads Among UPS, FedEx Drivers
(DBN)

As Demand Surges, Supplying and Shipping Take on New Importance
(DBN)

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Weddings:

Over Half of Americans Are Postponing Their Weddings—at What Cost?
(DBN)

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Apparel:

As the Virus Worsens, Garment Workers Get the Shaft
(DBN)

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Economy:

Fed steps in once again to try to smooth out lending markets The Fed starts a new program to provide dollars to central banks and calm the $5 trillion currency market
(DBN)

The Fed’s Loretta Mester says to expect ‘some really bad economic numbers’
(DBN)

Whom the Fed Should and Shouldn’t Rescue
(DBN)

The Fed’s Unprecedented Bailout of Everyone and Everything Could Prevent Total Collapse
(DBN)

Fed Takes on Role of World’s Central Bank by Pumping Out Dollars
(DBN)

Jobs melting away fast as coronavirus wreaks havoc on economy
(DBN)

Most U.S. Workers Can't Afford Rent, Food Under 30-Day Quarantine: Survey
(DBN)

Democrats Push for Fed to Have Sole Sway Over Municipal Rescue
(DBN)

The Economic Outlook
(DBN)

The Price of Life: Novel Coronavirus Is Forcing a Taboo Debate
(DBN)

Screening for Previous Virus Infection Could Unlock Work Force
(DBN)

The Average Woman Loses $407,760 Over Her Life Due to the Gender Wage Gap
(DBN)

Shiller: Now There Are Two Pandemics
(DBN)

The exodus of the wealthy from cities reveals the problems with individualism
(DBN)

Axios-Ipsos Coronavirus Index: Rich sheltered, poor shafted amid virus
(DBN)

WH task force to reveal sobering data that drove decision to extend restrictions
(DBN)

A Quick Rebound From Virus? Economists Have Reason to Doubt It Economists Are Losing Hope in a ‘V-Shaped’ Post-Virus Recovery
(DBN)

U.S. Economy Will Be in Trouble If Boomers Don't Come Back to Work
(DBN)

Full Recovery Could Take Years
(DBN)

Deeply Distressed Companies Risk Shut Out From Fed’s Loans
(DBN)

Consumer confidence tumbles in March as coronavirus cases surge 'Could have been worse': Consumer confidence fell less than expected in March amid the coronavirus pandemic — but experts warn the pain is just beginning Coronavirus hits the economy where it hurts: Consumer confidence
(DBN)

Covid-19 Brings a Reckoning to the Business World
(DBN)

The Revolution After The Crisis
(DBN)g

Coronavirus shock is pushing global growth toward zero, S&P says
(DBN)

Cramer: Five-minute test a possible turning point in coronavirus market decline
(DBN)

Trump Tells Americans to Prepare for a ‘Painful Two Weeks’
(DBN)

L.A. coronavirus stay-at-home order could last well into May, LAPD chief says Gov. Greg Abbott extends social distancing guidelines, school closures amid coronavirus pandemic Gov. Greg Abbott tells Texans to stay home except for essential activity in April Abbott stops short of statewide shelter in place, extending social distance measures through April 30; closes schools until May 4 Ventura County to close parks, push social distancing as coronavirus cases rise Alaska’s Remote Villages Are Cutting Themselves Off to Avoid Even ‘One Single Case’ of Coronavirus Pressure mounts for national parks closure amid coronavirus As national parks remain open during a pandemic, seven workers are now infected Maine institutes ‘stay healthy at home’ order during coronavirus outbreak
(DBN)

Experts Divided Over Draconian Shutdowns
(DBN)

Elderly Endangered by Virus in States Imposing Loose Controls
(DBN)

IRS will start sending stimulus checks in next 3 weeks
(DBN)

Democrats, Trump set to battle over implementing $2T relief bill
(DBN)

Senate Democrats urge White House to quickly nominate inspector general for coronavirus funds
(DBN)

Bailing Out the Bailout
(DBN)

Nancy Pelosi Is Already Talking About the Next Stimulus Bill for Coronavirus Relief U.S. industries ask White House for recovery fund, a week after US$2T stimulus passes
(DBN)

Goldman Sachs slashes forecasts for next quarter, now sees 34% GDP contraction and 15% unemployment
(DBN)

We got a 39-page document that provides clues about how the $2 trillion coronavirus stimulus will be distributed to people and businesses
(DBN)

White House Sends Aides to Beleaguered Small Business Agency
(DBN)

‘I Tried To Call Over 400 Times Today’: Pennsylvanians Get Busy Signals While Trying To File For Unemployment
(DBN)

These workers won’t qualify for beefed-up unemployment in the coronavirus relief package
(DBN)

If Congress Is Serious About Disaster Recovery, It Needs to Create This New Jobs Program
(DBN)

It's easier for airlines to apply for $29 billion in bailouts from the US government than it is for people to apply for unemployment benefits
(DBN)

Trump to OK 90-day delay for some tariff payments as coronavirus slams economy
(DBN)

Applications for Covid Relief Loans at 0.5 Percent Expected Friday
(DBN)

Stimulus May Come Too Late for Businesses Already Stretched
(DBN)

Banks brace for millions of small-business loan requests as Trump coronavirus plan is put to test
(DBN)

The $500 Billion In Corporate Aid Will Be A Corrupt Cash Grab If We Don’t Ask The Right Questions
(DBN)

Trump says the time is right to pass a 'BIG & BOLD' $2 trillion infrastructure plan
(DBN)

'People are going out right now trying to fish and hunt deers because there's nothing to eat': In eastern Kentucky, the coronavirus is pushing one cash-strapped family to the edge
(DBN)

World’s busiest border falls quiet with millions of Mexicans barred from U.S.
(DBN)

The Return of the Barter Economy, Swapping Eggs for Toilet Paper
(DBN)

Shutdown is a body blow for freelancers
(DBN)

China coronavirus case numbers can’t be compared to elsewhere, economist says
(DBN)

The coronavirus crisis is ushering in a new generation of work from home perks
(DBN)

Apple is reportedly worried that people won't have the money to buy new iPhones this year, and it's an ominous sign of what's to come for people's finances Apple May Delay the Release of New iPhones
(DBN)

Why This Economic Crisis Differs From the Last One for Women
(DBN)

Will the Coronavirus Threaten Our Food?
(DBN)

France to Push G-20 for Emergency Aid to Developing Nations Developing countries scramble for funds to stave off virus impact
(DBN)

Social Distancing Crushes Retail, Hotels, Dining
(DBN)

UN: It's the Biggest Crisis Since WWII UN launches COVID-19 plan that could ‘defeat the virus and build a better world’
(DBN)

Germany, Canada Among Top Economies With Most to Lose, ING Says
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home price gains were strong in January, says S&P Case-Shiller, before coronavirus hit US economy Case-Shiller: National House Price Index increased 3.9% year-over-year in January A few comments on the Seasonal Pattern for House Prices
(DBN)

Home Prices in 20 U.S. Cities Accelerate for a Fifth Month
(DBN)

40% of N.Y. Tenants May Not Pay Rent This Month. What Happens Then?
(DBN)

How the Shopping Mall Can Survive Covid-19
(DBN)

Paying rent in a pandemic
(DBN)

Coronavirus poses new threat to mortgage industry
(DBN)

WeWork Gives Half Off Rent to Some Tenants Signing Longer Leases
(DBN)

The Show Must Go on—Virtually—for NYC Real Estate Brokers
(DBN)

Banks say Fed rescue threatens mortgage hedging strategies
(DBN)

Why Housing Bubble 2.0 is About to Burst
(DBN)

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Municipalities:

How Will Cities Avoid Bankruptcy?
(DBN)

How the pandemic will reshape cities
(DBN)

San Francisco’s $1 Billion Loss Forecast Shows Toll to Cities
(DBN)

New York MTA Chief Says Federal Aid Needed to Avoid Bond Default
(DBN)

Pelosi, Warren press Fed to ride to rescue of cities slammed by pandemic
(DBN)

Judge requires resubmission of RICO suit on Puerto Rico bankruptcy
(DBN)

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Oil/Gas:

CARBO Ceramics Files for Chapter 11 Bankruptcy
(DBN)

Oil’s Apocalyptic April Is Set to Reverberate for Years to Come
(DBN)

FAQs: Considerations for the Energy Industry and Its Lenders in the Face of COVID-19
(DBN)

US gasoline prices are below $2 per gallon on average for first time in four years
(DBN)

Oil tanker owners cruise to bumper quarter as rates surge
(DBN)

Oil at $20 a Barrel: Who Wins, Who Loses & Who Survives?
(DBN)

Goldman Says Shale Might End Up Being a Winner of the Oil War
(DBN)

Trump May Let Drillers Stash a Glut of Oil in Federal Storage
(DBN)

Trump Says Russia, Saudi Arabia Will ‘Get Together’ on Oil Price
(DBN)

Saudi Arabia resists Trump's attempt to broker an oil war truce
(DBN)

How Low Can US Oil Production Go?
(DBN)

No easy fixes to a Texas-sized oil problem
(DBN)

Saudis Start to Unleash Oil Wave Despite U.S. Political Pressure
(DBN)

Putin, Trump Agree Current Oil Prices Not In Mutual Interest
(DBN)

5 charts that explain the Saudi Arabia-Russia oil price war so far
(DBN)

Iraq Seen Boosting Oil Output in April In Spite of Coronavirus
(DBN)

Trump’s Energy Dominance Gives Way to Incoherence
(DBN)

Italy and Spain Point to Covid-19’s Staggering Oil-Demand Hit
(DBN)

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Education:

Evergreen State College Could Be Facing Bankruptcy Soon
(DBN)

Schools Aren’t Ready for Online Learning
(DBN)

 

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Aviation:

Airlines Seen Burning $61 Billion in Roughest Stretch of Crisis
(DBN)

JetBlue slashes flights by 80% from its New York-area home as coronavirus spreads JetBlue Slashes April Flying 70%; Deeper Cuts Likely in New York
(DBN)

Rolls-Royce targets in jeopardy as pandemic brings air travel slump
(DBN)

Another Possible Risk Factor for U.S. Airlines: Credit Card Holdbacks
(DBN)

Help on the horizon: Aviation and the new CARES Act
(DBN)

Airlines Refuse to Collect Passenger Data That Could Aid Coronavirus Fight
(DBN)

Bailed-Out Airlines Would Be Allowed to Cut Even More Flights
(DBN)

British Airways suspending Gatwick flights broadens European shutdown
(DBN)

IATA CEO Sees Half of Member Airlines Going Bankrupt Without Government Aid
(DBN)

Qatar Airways Plans About 40% Reduction in Employees
(DBN)

Chinese Airlines Confident of ‘Triumph’ as Global Carriers Warn of Unprecedented Losses
(DBN)

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Distressed Investing:

Junk Winner in 2008 Trawls for Riches in 2020’s Illiquid Markets
(DBN)

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Celebs:

CNN anchor Chris Cuomo diagnosed with coronavirus
(DBN)

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Student Debt:

Do You Have To Pay Your Student Loans During The Coronavirus Pandemic? There’s Relief In Sight
(DBN)

CARES ACT student loan relief
(DBN)

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Sports:

Coronavirus Presents an Existential Threat to Some Pro Tennis Events
(DBN)

NFL says it expects to start season on time in September in front of fans
(DBN)

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Food/Beverage:

Restaurant Apocalypse: More than 110,000 restaurants expect to close up forever in the coming weeks, with millions out of work and the industry's future uncertain
(DBN)

Family Feud, Bankruptcy Filings, Coronavirus Loom Over $45 Million Palm Restaurant Sale
(DBN)

3 million out of work, $25 billion lost: 8 figures reveal how the coronavirus pandemic is devastating restaurants across America
(DBN)

Liquor Brands Gin Up Support to Bail Out Struggling Bartenders
(DBN)

Dean & Deluca files for bankruptcy protection from creditors
(DBN)

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Entertainment:

Sony delays almost entire movie slate to 2021 as coronavirus shutters theaters
(DBN)

AMC CEO hopes theaters will open by mid-June, optimistic moviegoers will return
(DBN)

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Cruise Lines:

Cruise ship company Carnival to raise $6 billion in stock and debt, shares jump
(DBN)

Zaandam cruise ship still has no guaranteed port for sick passengers as Trump, Florida officials discuss plans
(DBN)

Passengers on Holland America's 2 stranded cruise ships, the Zaandam and Rotterdam, may be stuck at sea indefinitely as Florida officials fret over letting them dock
(DBN)

Carnival Begs for Permission to Dock Virus-Beset Ship in Florida
(DBN)

Find the Fool in Carnival's 13% Bond Deal
(DBN)

Coronavirus-Hit German Cruise Ship Urged to Leave Australia
(DBN)

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Taxis:

New data shows Uber rides in the US have fallen up to 94% as the coronavirus pandemic upends travel, work, and the economy
(DBN)

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Politics:

Pelosi to Push Vote-by-Mail Funding for States in Next Stimulus States consider November voting changes amid coronavirus 16 States Restrict Access to Voting by Mail—How That Could Change 2020 Presidential Election During the Coronavirus Pandemic
(DBN)

Biden doubts Democratic convention can go ahead as planned amid outbreak
(DBN)

Partisanship is the strongest predictor of coronavirus response
(DBN)

Americans who are biased against Asians are more likely to fear the coronavirus
(DBN)

Leaked audio suggests Trump is in denial about the coronavirus testing problem
(DBN)

FactCheck: Trump on Death Rates, Tests
(DBN)

With 2020 race all but halted over coronavirus, Biden quietly widens lead over Trump
(DBN)

Covid-19 Is Twisting 2020 Beyond All Recognition
(DBN)

Trump Confronts a New Reality Before an Expected Wave of Disease and Death
(DBN)

Maryland GOP Gov. Hogan says Trump’s COVID-19 testing claims ‘just not true’
(DBN)

By the metrics Trump himself chose to use to measure his coronavirus response, he’s doing poorly
(DBN)

Federal Court Tosses Florida's Poll Tax; Formerly Incarcerated People Can Vote in 2020
(DBN)

This GOP senator keeps making the same bad coronavirus argument
(DBN)

Pandemic boosts popularity of Trump and Johnson
(DBN)

Who Are the Voters Behind Trump’s Higher Approval Rating?
(DBN)

Nancy Pelosi gets called out after proposing tax benefit that would help only wealthy Americans
(DBN)

Why the new effort to blame coronavirus fumbles on the impeachment trial falls so far short
(DBN)

AOC hits Cuomo on coronavirus response that gives ‘preferential treatment’ to wealthy
(DBN)

Why Coronavirus (and Other) Falsehoods Are Believable
(DBN)

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New Bankruptcy Opinions
(18 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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 Reform:

CARES Act Expands the Small Business Reorganization Act – Lenders Beware
(DBN)

CARES Act Offers Small Businesses Enhanced Opportunities Under Chapter 11 Bankruptcy
(DBN)

CARES Act Expands Subchapter V Eligibility for Debtors
(DBN)

How the CARES Act Will Impact Chapter 7 and Chapter 13 Consumer Bankruptcies
(DBN)

COVID-19 Changes Everything, Including the U.S. Bankruptcy Code
(DBN)

The Big Bailout Helps If You have to Skip Chapter 13 Payments
(DBN)

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Utilities:

Will PG&E be forced to turn to PPAs to get a bankruptcy exit plan confirmed?
(DBN)

Regulators mull reversing $462M increase in PG&E fire fines
(DBN)

Causes and Consequences for California's Energy Future of the Second PG&E Bankruptcy
(DBN)

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Fiduciary Duty:

Managing Fiduciary Duties In The Time Of COVID-19
(DBN)

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Retailing:

Largest US mall owner furloughs 30% of workforce, adding to avalanche of coronavirus-related layoffs
(DBN)

Bankruptcy? Not So Fast
(DBN)

Urban Outfitters Furloughs Staff, Suspends Buybacks and Cuts Executive Pay
(DBN)

Macy’s to be replaced on S&P 500 by Carrier Global
(DBN)

Retail Rent Negotiations Get Messy With $20 Billion Coming Due
(DBN)

Coronavirus Closures Affect 630K Retail Businesses
(DBN)

Walmart will start taking employees’ temperatures at all stores, distribution centers Walmart mandates one-way aisles, employees’ masks, gloves in response to coronavirus
(DBN)

Walmart says it's hiring about 5,000 people a day as it tries to keep up with surging demand and the flood of customers amid the coronavirus pandemic
(DBN)

Hobby Lobby quietly reopened stores in at least 2 states, defying coronavirus-related shutdowns and prompting police intervention
(DBN)

We Need Amazon During the Coronavirus. That’s a Problem.
(DBN)

Amazon com : Struggles to Find Its Coronavirus Footing. 'It's a Time of Great Stress.'
(DBN)

NYC Mayor de Blasio orders investigation of Amazon’s firing of strike organizer
(DBN)

Americans Adopting E-Commerce Faster Than Ever Amid Pandemic
(DBN)

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Fraud:

Admissions scandal: Overriding coronavirus concerns, judge sentences Bay Area mom to 7 months in prison Mom who ‘gloated’ with daughter after SAT cheating in college scam gets prison
(DBN)

Even Bill Barr Thinks Something Looks Fishy In Richard Burr’s Trading
(DBN)

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Personal Finance:

Parents and Schools Are Struggling to Care for Kids With Special Needs
(DBN)

Employers may drop 401(k) matches as companies look to cut expenses
(DBN)

Which Bills Will You Stop Paying First?
(DBN)

There’s a Battle Brewing for Your $1,200 Government Relief Check
(DBN)

6 Tips For Financing Through A Quarantine Or Furlough
(DBN)

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Religion:

Defying higher authority, Pasadena church furloughs workers amid coronavirus outbreak
(DBN)

Churches Face Cash Crunch as Lockdowns Stretch Into Holy Week
(DBN)

Baltimore pastor vows to continue services despite coronavirus-related restrictions and visit from police
(DBN)

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Nursing Homes:

Virus dead in nursing homes are often its uncounted victims
(DBN)

More than 50 infected with virus at California nursing home
(DBN)

Nearly 60 have virus at Southern California nursing home
(DBN)

At least 17 die from coronavirus at nursing home in Germany
(DBN)

Coronavirus Spreads in Veterans’ Home, Leaving ‘Shuddering Loss for Us All’
(DBN)

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Museums:

The Larger Costs of Closing a Local Museum During Coronavirus
(DBN)

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Autos:

Automakers are about to give an inkling of the sales collapse ahead Coronavirus expected to cripple US auto sales; companies push 0% financing, online buying
(DBN)

Ford Delays North America Production Restart Indefinitely
(DBN)

Japanese carmakers brace for US sales shock as coronavirus hits consumers
(DBN)

European Auto Industry Prepares for the Worst as Sales Plunge
(DBN)

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Event Facilities:

Bayland objects to plan from arena owners
(DBN)

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UK:

Proposed Changes to Insolvency Law in Response to The Crisis Announced by Government
(DBN)

UK death toll from coronavirus jumps by 381 in a day
(DBN)

U.K. Manufacturing Shrinks More Than Expected as Virus Hit
(DBN)

‘Green shoots’ visible in UK’s fight against Covid-19, says Powis
(DBN)

Wild goats take over town amid coronavirus lockdown
(DBN)

Long-standing UK restaurant chain goes bust as sector reels
(DBN)

Business leader claims coronavirus rates relief still leaving firms to foot ‘impossible’ bills
(DBN)

Britain Is Going on a Massive Debt Spree
(DBN)

U.K. Lenders Confront Biggest Mortgage Test Since 2008 Crash
(DBN)

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EU:

The Shocking “Coronavirus Coup” in Hungary Was a Wake-Up Call
(DBN)

EU Must Get Real or Risk New Debt Crisis, Says ECB’s Stournaras
(DBN)

European factory output plummets as coronavirus shutdown bites
(DBN)

Pandemic Turns Europe’s Private Equity Dealmakers Into Rescuers
(DBN)

Euro-area confidence posts record drop with economy in lockdown
(DBN)

Amid Europe’s lockdowns, no safety net for millions in black economy
(DBN)

Lockdowns Knock East EU Industry to Post-Economic Crisis Lows
(DBN)

Coronavirus border closures threaten Europe's food supply
(DBN)

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PIIGS:

Italy health official says nation hit ‘plateau’ 3 weeks after lockdown
(DBN)

No let-up in coronavirus deaths in Italy, new cases steady
(DBN)

Italian Factories Take Record Hit From Virus Lockdown
(DBN)

Italy Relaxes Virus Rule, Allowing Kids to Go Out With a Parent
(DBN)

The Mafia’s Using the Italy Lockdown to Raise Hell and Recruit
(DBN)

Italy Readies Emergency Cash for Workers in Underground Economy Italy readies more stimulus as its coronavirus death toll surpasses 12,000
(DBN)

New Greek coronavirus cases include ship crew and migrant mum
(DBN)

Spain Orders Large Landowners to Cut, Restructure Rents
(DBN)

Spain Virus Deaths Rise by 864 in Deadliest Day of Outbreak
(DBN)

Spain Braces for Surge in Insolvencies as Pandemic Hits Economy
(DBN)

‘We Are in a Cage:’ Spanish Town Lives Under a Lockdown Within a Lockdown
(DBN)

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Canada:

Canada ekes out meager growth in January before pandemic
(DBN)

Nearly half of Canadians veering over the edge of insolvency
(DBN)

Ongoing Liabilities and COVID-19: Tips from our Insolvency & Restructuring Group
(DBN)

Canntrust Becomes Largest Canadian Lp to File for Bankruptcy
(DBN)

Hit by Twin Shocks, Canadian Markets Face Treacherous Recovery
(DBN)

Bank of Canada’s measures are helping credit markets, but oil shock looms
(DBN)

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Venezuela:

Venezuelan opposition leader Guaido accused of attempted coup
(DBN)

U.S. Calls on Both Maduro, Guaido to Step Aside in Venezuela
(DBN)

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Russia:

Russian doctor who met Vladimir Putin tests positive for coronavirus
(DBN)

Divorce Ban Adds to Virus Woes for Married Russians Without Love
(DBN)

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Sweden:

Swedish Bankruptcies Soar as Virus Hits Hotels and Restaurants
(DBN)

Sweden Suffers Latest Blow as Manufacturing Confidence Plummets
(DBN)

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Germany:

Calls grow for Germany-wide use of face masks
(DBN)

Germany: Pandemic to Last Weeks and Months
(DBN)

German Companies Ask for Wage Support for Half a Million Workers
(DBN)

Germany to Help Startups With $2.2 Billion Assistance Package
(DBN)

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Turkey:

Erdogan under pressure as Turkey’s coronavirus toll mounts
(DBN)

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MENA:

Gulf Economies So Warped by Crisis That Recovery May Be L-Shaped
(DBN)

U.A.E. Clamps Down on Night Travel Permits to Curb Virus Spread
(DBN)

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Argentina:

Argentina to continue talks with creditors after missing deadline
(DBN)

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Brazil:

Brazil's Bolsonaro urges no more coronavirus quarantine, says jobs being lost
(DBN)

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China:

As China factories reopen, production may be hampered by ongoing measures to combat the pandemic
(DBN)

Chinese Shoppers Can Go Out Again. Online Buys Show They Won’t.
(DBN)

China publishes typical bankruptcy reorganization, compromise cases
(DBN)

A private survey shows China’s manufacturing activity expanded slightly in March
(DBN)

No Shock and Little Awe: China’s Stimulus Underwhelms Traders
(DBN)

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Panama:

Panama to restrict movement by gender during virus quarantine
(DBN)

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Indonesia:

Indonesia Slashes Growth Forecast as Virus Pandemic Takes Toll
(DBN)

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Asia:

Manufacturing activity data in Asia point to recession
(DBN)

Asian Factories Sink Deeper into Contraction on Virus Fallout
(DBN)

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Mexico:

After Dragging Feet, Mexico Enters a New Stage in Virus Fight Too little too late? Experts decry Mexico virus policy delay
(DBN)

Mexican president: My rivals will take over country if I self-quarantine
(DBN)

Wild animals including jaguars, crocodiles and turtles return to popular Mexican beach resorts closed due to coronavirus
(DBN)

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India:

Covid-19 puts question mark on IBC process
(DBN)

Scorching summer for banks ahead amid lockdown due to Covid-19 outbreak
(DBN)

Indian Migrants Walk Hundreds Of Miles To Return Home Amid COVID-19 Lockdown
(DBN)

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Africa:

Lagos in lockdown as Africa virus closures spread
(DBN)

Coronavirus May Weigh on African Economies for Three Years
(DBN)

South African Banks Cut Deeper Into Junk by Fitch on Virus
(DBN)

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Zambia:

Zambia Seeks Advisers for Reorganization of Foreign Debt
(DBN)

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Australia:

Australia: COVID-19: Personal bankruptcy
(DBN)

Government passes temporary relief from insolvent trading, statutory demands and bankruptcy notices
(DBN)

Wages of NRL and AFL players set to be paid by taxpayer thanks to JobKeeper scheme
(DBN)

60 Australians Newspapers to Stop Print
(DBN)

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Singapore:

Evictions, deposits for events including weddings to be protected under new Bill to stem COVID-19 fallout
(DBN)

Singapore Planning Penalties for Wayward Firms Amid Virus Fight
(DBN)

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Philippines:

Duterte draws flak after saying frontliners 'lucky to die' for country
(DBN)

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Japan:

Japan Is Counting on Obedient Citizens to Lock Themselves Down
(DBN)

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