April 14, 2020

The Daily Bankruptcy News

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Law:

Home Alone in New York: Reflections in the Time of #Corona
(DBN)

Akin Gump Welcomes Debt Finance and Special Situations Partner Chad Nichols in Houston
(DBN)

Firms offer ‘Bankruptcy 101’ sessions as defaults projected to skyrocket
(DBN)

Am Law 100 Firm Furloughs Staff, No Other Cost-Cutting Measures For Now
(DBN)

Sheppard Mullin Furloughs Staffers Who Can’t Do Jobs From Home
(DBN)

Kilpatrick Cuts Pay for Lawyers and Staff as Firm Anticipates Revenue Decline
(DBN)

Baker McKenzie to Cut U.S. Lawyer Pay 15%, Possibly Through 2020 Baker McKenzie Proves Being A Huge Firm Doesn’t Stop The COVID-19 Salary Cuts
(DBN)

After a Record Year, Venable Cuts Pay, Furloughs Some Staff to 'Prudently Prepare'
(DBN)

Smith Gambrell Cuts Pay for All, but Nixes Layoffs as 'Prudent Management'
(DBN)

The Latest In Biglaw Austerity: Yet Another Am Law 100 Firm Cutting Salaries
(DBN)

Am Law 100 Firm Cuts Salaries, Eliminates Discretionary Bonuses
(DBN)

Biglaw Poster Child For 2009 Layoffs Still Plans To Hold Summer Associate Program
(DBN)

Boston Firms Make Cuts, Program Changes as COVID-19 Continues to Rattle Industry
(DBN)

Lila Fenwick, Who Broke a Barrier at Harvard Law, Dies at 87
(DBN)

Are Corporate Counsel Being Too Cutthroat About Contract Enforcement During COVID-19 Outbreak?
(DBN)

Pennsylvania Bar Issues First Opinion on Remote Work Amid Crisis
(DBN)

Law School Professor Muses That His Chinese Students Spread Coronavirus
(DBN)

‘Partial’ Pass/Fail For Only SOME Classes Enters Pantheon Of Terrible Law School Responses
(DBN)

Political Appointees Still Keeping Law Schools From Going Pass/Fail
(DBN)

First State Opts For Emergency Diploma Privilege Plus Admission
(DBN)

Ditching the Bar Exam Puts Public at Risk, Says Test Maker
(DBN)

From Harvard to Ole Miss, Law Students’ Lives Disrupted by Virus
(DBN)

Legal Risks From Virus in Reopenings Worry U.S. Business Group
(DBN)

3 Considerations To Help Prevent Your IP From Becoming A Casualty In The COVID-19 Pandemic
(DBN)

Virtual Happy Hours
(DBN)

4 Steps To Growing A Legal Career In Sweatpants
(DBN)

This Just In: Husbands Aren't Totally Useless During COVID-19
(DBN)

With Restaurant Industry in Crisis, Arnold & Porter Takes a Seat at the Table
(DBN)

Troutman and Pepper Cancel Summer Programs, Make Job Offers Amid COVID-19 Disruption
(DBN)

The Justice Department Isn’t Giving Employees Enough Guidance On Working During The Coronavirus Pandemic, Workers Say
(DBN)

Trump administration seeks to delay 2020 census deadlines because of the coronavirus outbreak
(DBN)

Florida police chief allegedly said deputy died from coronavirus because he was gay
(DBN)

More inmates, jailers testing positive as coronavirus continues to spread through jails
(DBN)

No, Trump can’t order states to reopen: Constitutional scholars Why Trump’s claim to have power to ‘open up’ states amid coronavirus is false Trump says decision on coronavirus reopening belongs to him, not governors FactCheck: "It is the decision of the President," not governors, to "open up the states" John Yoo: Trump Can't Force States to Reopen Trump Insists He Has ‘Total’ Authority to Supersede Governors It’s Trump Versus the States as Virus Rages On
(DBN)

'The Definition of Totalitarian': Lawyers Erupt as American President Asserts That His 'Authority Is Total' Trump’s frightening claim of ‘total’ authority
(DBN)

Trump said Apple and Google's COVID-19 tracing tech posed 'big constitutional problems'
(DBN)

Fast-food workers file $500 million sexual harassment class-action lawsuit against McDonald's
(DBN)

Emergency petition asks Supreme Court to allow medication abortions in Texas Judge Blocks Alabama Abortion Ban Abortion During a Pandemic? Texas Says No in Many Cases Texas Ordered to Let Many Abortions Resume During Virus Crisis
(DBN)

Texas County: $1,000 Fine for No Mask
(DBN)

A woman was murdered following a dispute over 3 pairs of Yeezy sneakers — and it reveals a dark side of the $2 billion dollar resale industry
(DBN)

Ohio man claiming to have coronavirus spat in bus driver’s face, cops say
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Judges:

In historic first, Supreme Court to hear arguments by phone Supreme Court to hold teleconference arguments in Trump financial records cases Supreme Court will start hearing cases by teleconference Supreme Court Bows to Crisis With Arguments Via Telephone
(DBN)

US Supreme Court Is Urged to Suspend Paper Filing Requirement
(DBN)

Hit The Gym With Justice Ginsburg At ‘RBG’s Workout Corner’
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Wall Street:

Dow futures jump more than 200 points as virus outlook improves
(DBN)

Dow slips 329 points as earnings-season worry creeps over the market Stocks sell-off as market enters new phase, as earnings season begins
(DBN)

Corporate profits will shrink 13% this quarter and kick off an earnings recession, Bank of America warns
(DBN)

A hedge fund betting on turbulence raked in a 400% return last quarter as the coronavirus sent markets spinning, report says
(DBN)

Leon Cooperman says market ahead of itself, earnings won’t be normal for 2 years
(DBN)

'The next one has to be worse than 2008': Legendary investor Jim Rogers says you shouldn't trust the stock market's rally — and warns of a scenario where 'everything collapses for a while'
(DBN)

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Layoffs:

Trump’s Auto Rollback Will Eliminate 13,500 Jobs
(DBN)

ESPN asks highest-paid commentators to take pay cut amid employee furloughs
(DBN)

Bike parts company QBP, the country's largest, lays off 88 in mass video call
(DBN)

Employers May Be Able to Avoid WARN Notices for Furloughs Under Six Months
(DBN)

Virus Will Advance Use of Robots
(DBN)

The coronavirus outbreak has triggered unprecedented mass layoffs and furloughs. Here are the major companies that have announced they are downsizing their workforces.
(DBN)

Vox to announce around 100 employee furloughs later this week, sources say
(DBN)

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Politics:

‘It Is the Decision of the President’: Trump Falsely Claims He Can Order Governors to End Coronavirus Lockdown Trump tweets that reopening the country from coronavirus lockdowns 'is the decision of the President,' but it's actually up to the states
(DBN)

The damning sentence in the New York Times coronavirus exposé
(DBN)

Inside the Coronavirus Task Force
(DBN)

Americans' approval of the Trump administration's handling of the coronavirus has been steadily falling, but for the first time it's net negative
(DBN)

Trump Berates Media at Jaw Dropping Briefing 'The biggest meltdown ever' from a US president as Trump accused of trying to 'rewrite history' Trump Defends His Coronavirus Record With Anger, and a Video
(DBN)

Trump Re-Election Imperiled as Coronavirus Hits Key States
(DBN)

Trump Campaign Claims NBC Affiliate Defamed the President by Airing Ad Using His Own Words
(DBN)

FactCheck: Dr. Anthony Fauci "was telling people on February 29th that there was nothing to worry about and it posed no threat to the US public at large.
(DBN)

Pelosi Nails What’s ‘Really Dangerous’ About Trump’s Coronavirus Misinformation
(DBN)

The Huge Cost of Waiting to Contain the Pandemic
(DBN)

Governors Team Up to Plan for Reopening, Rebuffing Trump
(DBN)

House won’t return to DC until May unless it has to pass ‘emergency’ bill
(DBN)

CDC head urged coronavirus ‘mitigation’ in late February
(DBN)

Bernie Sanders endorses Joe Biden after dropping out of the 2020 race
(DBN)

XFL files for bankruptcy after shutting down operations because of the coronavirus
(DBN)

A Month After Emergency Declaration, Trump's Promises Largely Unfulfilled
(DBN)

Trump campaign sues Wisconsin TV station over critical ad
(DBN)

Dr. Fauci is still the most trusted leader in America on the coronavirus, while President Trump and Jared Kushner are in last place
(DBN)

Trump will not fire Anthony Fauci despite #FireFauci retweet: White House
(DBN)

Donald Trump hits out at top coronavirus expert Dr Fauci after he says president ignored advice President Trump Promotes ‘Fire Fauci’ Tweet After Disease Doctor Critiques White House Coronavirus Response
(DBN)

Try as he might, Trump can’t spin the pandemic
(DBN)

Forced to choose between Trump and Fox, who would the president’s base pick?
(DBN)

Roger Stone: Bill Gates may have created coronavirus to microchip people????
(DBN)

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Retailing:

COVID-19 will both complicate and accelerate retail bankruptcies
(DBN)

Department stores are most at risk of default, S&P says
(DBN)

Can these 10 retailers avoid permanent store closings amid coronavirus pandemic?
(DBN)

'Make Tough Decisions': Coronavirus Plows Into Already Distressed Traditional Retailers
(DBN)

Macy's 'exploring numerous options' to shore up finances
(DBN)

At least 30 grocery store workers have died from the coronavirus, and their colleagues are pleading for shoppers to wear masks and respect social distancing
(DBN)

The Impact of the COVID-19 Crisis on the Retail Industry
(DBN)

Denim retailer True Religion files for bankruptcy protection amid coronavirus crisis True Religion Files for Bankruptcy Protection True Religion Files For Bankruptcy—Again—As Coronavirus Hobbles Retail Industry
(DBN)

Walmart clarifies nonessential items policy amid backlash
(DBN)

Amazon to hire 75,000 more workers to cope with demand Amazon says it's already hired 100,000 workers in 4 weeks during coronavirus crisis and plans to hire 75,000 more
(DBN)

Rampant shipping delays and limited stock amid the coronavirus outbreak reveal why e-commerce hasn't defeated physical stores just yet
(DBN)

Amazon is going to start accepting all non-essential products to its warehouses again this week, a month after pausing those shipments
(DBN)

From hand sanitizer and toilet paper to yeast and hair clippers: Here's how Americans' spending habits have changed after weeks staying at home
(DBN)

Major grocery worker union urges shoppers to wear masks during pandemic
(DBN)

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Distressed Investing:

M&A in the COVID Era – Part I – Dealing with Distress: Strategies for Buyers of Distressed Targets in the Post–COVID-19 Era
(DBN)

‘Best Buying Opportunity Of The Century’ For Corporate Bonds.
(DBN)

U.S. Junk Bond Default Rate Will Be At Its Highest Level In More Than Three Years
(DBN)

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Startups:

SoftBank forecasts record losses as startup bets backfire This is how the fund behind WeWork, Uber, and Wag lost $16.5 billion in a year SoftBank warns of a $17 billion loss at its Vision Fund Bankers Keep Vision Fund Going With Rubber Bands
(DBN)

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Banking:

JPMorgan suffers sharp decline in first-quarter earnings as it braces for a coronavirus-fueled recession
(DBN)

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Non-Profits:

Nonprofits providing essential services warn of impending funding crisis
(DBN)

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Religion:

Kansas Supreme Court upholds order limiting church services to 10 people or less
(DBN)

Bill Barr Threatens Local Officials Who Stop Christians From Spreading The Gospel Of Coronavirus
(DBN)

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Utilities:

Judge Rebukes PG&E for Bid to Pay $4M Criminal Fine From Fire Victims' Fund
(DBN)

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Economy:

Here is everything the Fed has done to save the economy
(DBN)

The US states where the most jobs have been destroyed by the coronavirus crisis, in one map
(DBN)

US Deficit Forecast Rises to $4 Trillion
(DBN)

Leon Cooperman says gov’t shouldn’t let companies go bankrupt because of coronavirus
(DBN)

Government should let airlines fail: Venture capitalist Chamath Palihapitiya
(DBN)

CEO Tells CNBC That Billion-Dollar Bailouts Of ‘Zombie Companies’ Serve To Reward Their Bad Behavior
(DBN)

America Has Replaced Capitalism With Cronyism
(DBN)

Mark Cuban says banks are leaving small businesses 'out in the cold' by acting too slowly with emergency loans
(DBN)

How Bad Will the Economy Get? Companies Will Provide Clues
(DBN)

Neel Kashkari Expects To Be Chopping Wood For Another Year And A Half
(DBN)

Rich countries try radical economic policies to counter covid-19
(DBN)

The public may never know which businesses are receiving hundreds of billions of dollars in coronavirus federal aid
(DBN)

How COVID-19 could push Congress to start reining in vulture capitalism
(DBN)

95% of L.A. supports stay-at-home orders, poll finds. But for how long? Officials: Social distancing efforts appear to be working, should remain in place When Coronavirus Lockdowns Go Too Far Trump Says He Hopes to Reopen Country ‘Ahead of Schedule’ Cuomo, Inslee Have the Better Grasp on Reopening Than Trump New York Gov. Andrew Cuomo says 'the worst is over' but warns coronavirus infections could spike again if we are 'reckless' Cuomo stresses regional restart in talks with other states 'There is strength in unity': New York Gov. Cuomo just unveiled a multistate coalition to reopen the economy after coronavirus The committees to reopen America Abbott: Texas Economy Will Gradually Reopen California Gov. Gavin Newsom said a regional West Coast reopening plan is in the works for California, Washington, and Oregon California will release plan about lifting virus constraints 'A slap in the face': Furious Michiganders are planning to protest their governor's travel crackdowns in state capital 7 governors still haven’t issued stay-at-home orders. Here’s why What U.S. leaders say affects whether Americans stay at home, CDC data suggests
(DBN)

Trump warned of small-business revolt if economy not opened soon Small businesses start to get rescue funds, but payouts overall are lagging
(DBN)

Will Small Business Survive The COVID Recession?
(DBN)

Balboa Capital Survey Reveals 88% of Small Businesses are Being Impacted by the COVID-19 Outbreak
(DBN)

No Business Leaders Appointed to Reopening Council Oh Thank God: Trump Appoints Ivanka and Jared to Council to Reopen America
(DBN)

Conservative groups mobilize and push White House to try and reopen economy despite coronavirus pandemic
(DBN)

How countries should adapt to a ‘new normal’ as coronavirus lockdowns are lifted
(DBN)

Trump's top trade adviser blasts 'tone-deaf' medical experts leading the US's coronavirus response and says the economic shutdown is worse than the virus
(DBN)

Bank of America Can Favor Its Own Customers in Rescue Loan Program Judge Denies Action Against Bank of America Over CARES Act Loans
(DBN)

Indiana Man Who Received Stimulus Payment Finds $8.2 Million in His Bank Account
(DBN)

Mnuchin Says 80 Million Americans to Get Virus Aid by Wednesday
(DBN)

Over a Fourth of Michigan’s Workforce Has Filed for Unemployment
(DBN)

How millions of veterans could miss out on coronavirus stimulus checks
(DBN)

Coronavirus May Peak in US This Week
(DBN)

CDC: We Need Antibody Tests for Second Wave Trump’s Ambition to Reopen U.S. Hinges on Elusive Testing Surge Walmart says it will be running more than 20 coronavirus test sites in 10 states by the end of April
(DBN)

Mnuchin flexes muscles on airline coronavirus aid — a taste of what other companies may face
(DBN)

Will you have to pay back the coronavirus stimulus check?
(DBN)

When the coronavirus lockdowns end, we will live in a shrunken world
(DBN)

Judge Denies Action Against Bank of America Over CARES Act Loans
(DBN)

Bill Gates says the world is entering 'uncharted territory' because we're not prepared for a pandemic like COVID-19
(DBN)

Pope Francis: ‘This may be the time to consider a universal basic wage’
(DBN)

Coronavirus Chaos Is the IMF’s Biggest Test Ever
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Potential Bankruptcy Strategies for Stakeholders in Real Estate Transactions; Relevant Provisions of the U.S. Bankruptcy Code
(DBN)

Requests for government’s coronavirus mortgage bailout jump 78% in one week
(DBN)

Homeowners Seeking Mortgage Relief With U.S. Economy Shuttered
(DBN)

Lenders get stricter as some borrowers think they don’t have to pay
(DBN)

Mnuchin Offers Reassurances on Stability of Mortgage Market
(DBN)

Mortgages in forbearance jumped 1,396% in one month
(DBN)

Chase now requires 700 FICO score, 20% down payment to buy a home
(DBN)

It may be harder to get a mortgage after coronavirus crisis ends, Calabria says
(DBN)

Curbside closings: Clients stay in their vehicles while notaries, title agents and attorneys ferry paperwork back and forth
(DBN)

Impact of COVID-19 to Real Estate Showings in North America
(DBN)

Coronavirus is clobbering the real estate industry. From a frenzy of flex-office layoffs to big deals falling apart, here's everything you need to know.
(DBN)

Real-Estate Firms Expect Coronavirus-Driven Shifts Will Spur Warehouse Demand
(DBN)

WeWork Employees Feel Abandoned And Angry As SoftBank Ditches Its $3 Billion Buyout Offer
(DBN)

Here’s what unemployed Realtors should do next
(DBN)

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Oil/Gas:

Another Houston energy bankruptcy in dire straits as oil prices plunge
(DBN)

Service companies take more hits as oil industry weaken
(DBN)

Trump’s oil deal: The inside story of how the Saudi-Russia price war ended
(DBN)

Trump’s Big Oil Deal Hinges on Weakest of Shale Going Bust
(DBN)

The Sad Truth About The OPEC+ Production Cut OPEC+ production cuts likely not enough to balance market or help US producers OPEC+ Deal Is “Too Little And Too Late” Saudi Arabia Is Planning Even More Oil Production Cuts
(DBN)

OPEC Cuts Can't Save US Oil Jobs
(DBN)

COVID-19 Outbreak Could Have Lasting Impact on U.S. Energy Sector, Analysts Project
(DBN)

China’s Energy Imports Weaken as Virus Exacts Toll on Demand
(DBN)

FTS International hires restructuring advisers Frack Firm FTS International Hires Restructuring Advisers
(DBN)

The largest oil output cut in history may still not be enough to prop up prices Oil drops as supply concerns outweigh OPEC and allies’ historic production cut
(DBN)

Texas and Oklahoma weigh production quotas for oil
(DBN)

Chesapeake investors vote for reverse stock split to boost share prices Pipeline operator sues Chesapeake Energy over payment dispute
(DBN)

How Big Oil’s COVID-19 Near-Death Experience May Be A Preview Of The Industry’s Ultimate Demise
(DBN)

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Healthcare:

Los Angeles Surge Hospital opens for COVID-19 treatment and research Shuttered St. Vincent Medical Center Reopens Today As Coronavirus Surge Hospital
(DBN)

For West Virginia’s Hospitals, The Financial Crisis Came First
(DBN)

Pandemic-Stricken Cities Have Empty Hospitals, But Reopening Them Is Difficult
(DBN)

Coronavirus Strikes Rural America ‘This Is Going to Kill Small-Town America’
(DBN)

Global coronavirus cases approach two million, doubling in under two weeks
(DBN)

Emergency room doctors face layoffs and pay cuts as coronavirus policies result in fewer patients
(DBN)

Coronavirus has ‘reactivated’ in more than 100 South Koreans who recovered WHO officials say it’s unclear if recovered coronavirus patients are immune to second infection
(DBN)

Photos show bodies piled up and stored in vacant rooms at Detroit hospital
(DBN)

American Health Care Is an Engine of Inequality
(DBN)

‘It’s a Time Bomb’: 23 Die as Virus Hits Packed Homeless Shelters
(DBN)

Why Do Italians Test Positive After Symptoms Are Long Gone?
(DBN)

New York has 14 times as many coronavirus deaths as California
(DBN)

Test big or stay home: Why the US needs millions of coronavirus tests per day The case for ending the Covid-19 pandemic with mass testing
(DBN)

Current coronavirus tally may represent only 6% of total infections: ‘Official case records are largely uninformative’
(DBN)

Why we’re still relying on a century-old strategy to treat COVID-19
(DBN)

NC woman did not leave her house for more than three weeks — but she still contracted COVID-19
(DBN)

‘And then my patient begins to crash …’ A California nurse on the hardest shift in his career
(DBN)

What Doctors on the Front Lines Wish They’d Known a Month Ago
(DBN)

I’m an E.R. Doctor in New York. None of Us Will Ever Be the Same.
(DBN)

The pace of new coronavirus cases in New Jersey is slowing as cases top 64,500
(DBN)

Why New Orleans Pushed Ahead With Mardi Gras, Even as It Planned for Coronavirus
(DBN)

South Dakota's governor resisted ordering people to stay home. Now it has one of the nation's largest coronavirus hot spots.
(DBN)

San Francisco is being touted as a national model for stopping the coronavirus, but an expert says it might not stay that way in the next phase
(DBN)

Scientists are collecting blood samples from 10,000 healthy people to figure out how much the coronavirus has really spread in the US
(DBN)

Fox News Contributor Bill Bennett Compares Coronavirus to the Flu, Claims It’s ‘Not a Pandemic’
(DBN)

First person in world to trial coronavirus vaccine describes risky shot
(DBN)

Chloroquine study called off after irregular heartbeats detected in patients
(DBN)

CIA issues warning on unproven treatment touted by Trump
(DBN)

People Are Buying Human Breast Milk in Hopes It Will Protect Them From Coronavirus
(DBN)

Apple and Google say their coronavirus-tracking tech will remain 'opt-in' only, and governments won't be allowed to require people to use it Apple and Google have a clever way of encouraging people to install contact-tracing apps for COVID-19 Moscow rolls out digital tracking to enforce lockdown. Critics dub it a ‘cyber Gulag’
(DBN)

The UK will release an app to track people reporting COVID-19 symptoms and to alert people they had contact with
(DBN)

Sailor Aboard USS Theodore Roosevelt Dies After Contracting Coronavirus
(DBN)

World Health Organization prepares for cuts amid coronavirus criticism
(DBN)

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Autos:

Ford slumps 6% after saying coronavirus will weigh heavily on 1st quarter sales Ford just said it expects to lose $600 million in Q1 as the coronavirus pandemic damages sales
(DBN)

Ford Hints at Raising More Cash After Burning Through Billions Ford Burning Through $1.2 Billion a Week
(DBN)

Absolute Priority: Hilco Automotive Experts on Industry's Response to COVID-19
(DBN)

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Education:

Students are suing their colleges for coronavirus-related refunds
(DBN)

Former ITT Students Launch RICO Suit Over 'Predatory' Loans
(DBN)

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Food/Beverage:

FoodFirst, parent company of Brio and Bravo, files for Chapter 11 bankruptcy FoodFirst Global To Kick Off Ch. 11 By Trying To Shed Leases
(DBN)

With Restaurants Reeling, Produce Farmers Seek Reason to Harvest
(DBN)

America could be 'perilously close' to meat shortages as slaughterhouses shut down and hundreds of workers test positive for COVID-19 SD: 240 Infected at Smithfield Pork Plant
(DBN)

White House May Cut Migrant Farm Pay
(DBN)

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Hotels:

Covid-19 crisis could wipe out these debt-laden Chicago hotels
(DBN)

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Amusement Parks:

Disney Parks May Have Major Changes After Coronavirus Lockdown
(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 (14 new filings today)
(DBN)

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

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

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
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Trade Credit:

To Supply or Not Supply Goods: Credit Risks and Remedies in Uncertain Times
(DBN)

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D&O:

Thinking About Coronavirus Blame and the Possible Course of D&O Claims
(DBN)

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DIP Finance:

This DIP Loan Brought to You by Someone Who CARES!
(DBN)

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Bankruptcy Reform:

What Small Businesses Need to Know About Restructuring Under Subchapter v And the CARES Act
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Impact of the CARES Act on Subchapter V Reorganizations under the Bankruptcy Code
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Equity:

Equitable Arguments in Bankruptcy During the COVID-19 Pandemic
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Jurisdiction:

FERC/Bankruptcy Court Concurrent Jurisdiction
(DBN)

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Standing:

Undescribed “Beneficial Interest” in Property Insufficient to Confer Article III Standing to Contest Foreclosure
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Debt Collection:

Pressure Mounts to Protect Virus Stimulus From Debt Collectors
(DBN)

Massachusetts Attorney General Sets Her Sights on Debt Collectors in the Wake of COVID-19
(DBN)

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UST:

U.S. Trustee Program Acts Quickly to Protect Public Health and Ensure Effective Functioning of the Bankruptcy System During Covid-19 Emergency
(DBN)

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Arbitration:

Lawyer and startup resort to mass filings to fight company bans on class arbitration
(DBN)

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Bankruptcy Rules:

US Trustee Changes Bankruptcy Rules In COVID-19 Response
(DBN)

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Third Party Release:

Recent Delaware Decisions Show Divergent Views on Third-Party Release Procedures
(DBN)

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Miscellaneous:

Rochelle
(DBN)

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Metals:

Die-Casting Giant Opens Ch. 11 After COVID-19 Disruption Pace Industries files Chapter 11 bankruptcy
(DBN)

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Telecoms:

OneWeb Bankruptcy Leaves Plans for Arctic Satellite Broadband In Limbo
(DBN)

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Newspapers:

Newspaper Revenue Drops As Local News Interest Rises Amid Coronavirus
(DBN)

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Aviation:

Mnuchin Rebuffs Airlines, Holds Firm on Repayment for Rescue
(DBN)

Airline Stocks Fall As Industry Chafes At Repaying Coronavirus Aid, But One Analyst Remains Hopeful US Airlines Discover They Will Have To Repay CARES Aid
(DBN)

Buckle in for turbulence as Treasury, airlines hash out aid plan
(DBN)

Airlines Eye Selling Miles For Cash
(DBN)

The US government is emulating Warren Buffett in its airline bailouts, and could join him as a shareholder in the 'big 4' carriers
(DBN)

Hawaiian Airlines' March Traffic Drops 41% on Coronavirus Woes
(DBN)

Asia Pacific airlines report 93 per cent drop in traffic during April first week
(DBN)

These Airlines Will Next Remove Seats To Carry Cargo And Medical Supplies On Passenger Aircraft Turned Into Freighters
(DBN)

First came the 737 Max crisis, then coronavirus. Can David Calhoun save Boeing?
(DBN)

Coronavirus lockdown: Airlines ready to resume flights from April 15, but await clarity from government
(DBN)

American Airlines is extending status for frequent flyers until 2022 as carrier clings to loyal customers
(DBN)

American Airlines repurposing first-class amenity kits for doctors, nurses
(DBN)

Over a third of American Airlines workers to go on voluntary leave or retire
(DBN)

Delta Airlines to change boarding procedure
(DBN)

Longtime pilot details effects of coronavirus on airline industry
(DBN)

SkyWest Suspends Dividends and Buybacks as It Seeks Federal Grants
(DBN)

Heathrow passenger demand expected to plunge by 90% in April
(DBN)

Coughs draw icy stares. Disinfecting wipes now essential. Airline workers share what it’s like on COVID-19′s front lines
(DBN)

Israel Consumer Council launches class suit to force airlines to refund tickets
(DBN)

Turkey's Pegasus Airlines extends flight cancellations until May 15
(DBN)

Norwegian Air Plunges 60% on Plan to Convert Debt to Equity
(DBN)

Mexican airlines running at 15% capacity; threat of bankruptcy looms
(DBN)

As the coronavirus ravages airlines, Europe's ultra-cheap budget flights could disappear
(DBN)

Japan’s airlines cut domestic flights after emergency declaration
(DBN)

Virgin Australia enters trading halt for aid, restructuring talks amid virus crisis
(DBN)

Virgin’s Richard Branson accused of double standards during coronavirus crisis
(DBN)

Airlines ask leasing companies for rental holiday, but lessors play hard
(DBN)

Use COVID-19 Crisis As Opportunity To Reform Aviation Sector, Says SpiceJet CMD
(DBN)

Huge ticket refunds to push airline business on the brink
(DBN)

What US Loses by Quitting Open Skies Treaty
(DBN)

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Cruise Lines:

Leaked memo reveals cruise industry giant MSC will not be paying some crew members stuck onboard its ships
(DBN)

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Student Debt:

CARES Act makes path for 401(k)-like student debt benefits: startup Goodly CEO
(DBN)

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Mail:

Trump's Grudge Against the Post Office
(DBN)

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Electricity:

Longview Power Files In BK DE - First Day Dec
(DBN)

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Sports:

XFL files for Chapter 11 bankruptcy after suspending operations Vince McMahon XFL files for bankruptcy, hopes to sell assets XFL files for bankruptcy after shutting down operations because of the coronavirus Inside the XFL bankruptcy filing: optimism and big bills XFL files for Chapter 11 bankruptcy, with an eye-opening list of creditors it owes Brutal Details of XFL's Bankruptcy Filing Revealed Vince McMahon’s XFL Files for Bankruptcy XFL’s Bankruptcy Details Connections Between League & WWE First Day Dec
(DBN)

____________

UK:

UK lockdown expected to continue despite ‘positive signs’ UK likely to extend lockdown as death toll tops 11,000
(DBN)

Two big UK care home groups report 521 coronavirus deaths
(DBN)

One third of NHS staff and key workers tested in the UK have coronavirus
(DBN)

____________

EU:

Rethinking Priority: The Dawn of the Relative Priority Rule and a New ‘Best Interest of Creditors’ Test in the European Union
(DBN)

Europe’s Plans for Going Back to Work Start to Take Shape
(DBN)

The EU’s Big Pandemic Failure Isn't About Money
(DBN)

____________

PIIGS:

Italy’s Crisis Funds May Come Too Late for Desperate Firms
(DBN)

Up to 65 Percent of Greek Hotels Face Bankruptcy, New Report Warns
(DBN)

____________

Africa:

Africa needs debt relief to fight COVID-19
(DBN)

____________

China:

Developing a pre-reorganization system in China
(DBN)

China’s communist gov’t is actively censoring coronavirus info, scrubbed academic research
(DBN)

Powerful in US Were Wrong About China
(DBN)

Beijing Turns into Virtual Fortress Over Virus
(DBN)

____________

Austria:

Austria Tests Easing Lockdown With Some Stores Reopening Tuesday
(DBN)

____________

MENA:

UAE's NMC Health Forms New Board to Implement Changes
(DBN)

Saudi Arabia Races To Contain Epidemic In Islam’s Holiest City
(DBN)

____________

Russia:

The Russian government introduces a moratorium on bankruptcy
(DBN)

Putin’s Bleak Covid-19 Admission: ‘We Don’t Have Much to Brag About’ Russia’s coronavirus cases expected to soar
(DBN)

As Pandemic Grips Russia, an Age-Old Bane Returns: Drinking
(DBN)

____________

France:

Contrite Macron extends French lockdown until May 11
(DBN)

France’s Extended Lockdown Pushes Economy Into Deeper Recession French economy to contract 8% this year as lockdown extended: minister
(DBN)

____________

Germany:

Germany is considering steps to return to a ‘new normal,’ health minister says
(DBN)

Germany’s New Coronavirus Cases Fall for the Fifth Day
(DBN)

____________

India:

India Extends World’s Largest Lockdown till May 3rd
(DBN)

____________

Australia:

Australia Business Confidence Plummets to Lowest Level on Record
(DBN)

Australia ‘Many Weeks Away’ From Relaxing Virus Restrictions
(DBN)

____________

Japan:

Japan’s Abe Sees Support Rate Slip While Virus Cases Rise
(DBN)

____________


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