April 2, 2020

The Daily Bankruptcy News

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Law:

Above the Law Founder David Lat Says He’s Been Discharged from Hospital After COVID-19 Battle
(DBN)

Associates Like Their Partners, but the Feeling Is Not Mutual, Study Finds
(DBN)

Law Firm Merger Numbers Drop as Pandemic Takes Hold
(DBN)

Global Biglaw Firm Freezes Associate Salaries, Delays Bonuses, Reduces Partner Pay Amid Coronavirus Crisis
(DBN)

Big Law Lateral Market May Face ‘Shelter-in-Place’ Moment
(DBN)

Associates Facing 25 Percent Pay Cut At Am Law 200 Firm
(DBN)

'Strong, Big-Name Firms' Are Looking at Imminent Cuts to Partner Draws, Consultant Says
(DBN)

Another Firm Announces Cuts To Salary Amid COVID-19 Economic Downturn
(DBN)

Cullen & Dykman Lays Off and Furloughs, While Cutting Lawyer and Staff Pay
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Prestigious Firm Bucking The COVID-19 Austerity Trend With Special Bonuses And Tech Budgets
(DBN)

Baker Donelson temporarily cuts pay, furloughs some employees because of COVID-19
(DBN)

Cullen & Dykman Lays Off and Furloughs, While Cutting Lawyer and Staff Pay
(DBN)

Pryor Cashman furloughs some associates during coronavirus crisis
(DBN)

Another Am Law 100 Firm Turns To Furloughs And Salary Cuts Amid COVID-19 Crisis
(DBN)

Summer Associate Programs — And Pay — Cut Short Thanks To Coronavirus
(DBN)

Every Law School Grading Policy Change In One Chart
(DBN)

Law School Creates Worst Of All Possible Grading Policies For No Good Reason
(DBN)

Lawyers set up free legal aid hotline in Texas for coronavirus-related issues
(DBN)

From the COVID-19 Bunker: Sullivan & Cromwell's Frank Aquila
(DBN)

Harvard Joins Columbia In Moving Recruiting To Next Year
(DBN)

UVA Forcing Student To Withdraw From Law School Because Her National Guard Unit Was Called Up
(DBN)

The $5 Million Coronavirus Law School Student Emergency Relief Fund
(DBN)

COVID-19 Can Change The Legal Industry For The Better
(DBN)

COVID-19: The benefits of US chapter 11 relief in a time of economic crisis
(DBN)

Guideline for Companies Responding to the COVID-19 Pandemic
(DBN)

A Story of Lawyers Behaving Badly
(DBN)

Trump sending troops to Mexico border amid coronavirus threat
(DBN)

Asylum Seekers Should Be Released During Outbreak, Groups Say
(DBN)

Farmworkers, Mostly Undocumented, Become ‘Essential’ During Pandemic
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State Department halts passport services for travelers unless it's a family emergency
(DBN)

Sleepy Driver Crashes, Loses Cargo of Toilet Paper Near Dallas: Cops
(DBN)

Shooting Happened After Man Was Criticized for Not Covering His Mouth When Coughing: Cops
(DBN)

New Jersey Man, 99, Charged With Violating State's Coronavirus Emergency Rules
(DBN)

New Orleans police are jailing people for minor offenses as city becomes covid-19 hot spot
(DBN)

Locked in Cages, Beaten and Shamed: Virus Laws Lead to Abuses
(DBN)

Federal inmates to be locked in cells for 14 days amid virus
(DBN)

Carole Baskin Denies Murdering Her Husband as ‘Tiger King’ Theories Take Off
(DBN)

Asian doctor barred from Indiana gas station by ‘violent and hateful’ clerk upholding ‘coronavirus prevention’ policy
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Judges:

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

The Impact of COVID-19 on Pending and Newly Scheduled Court Hearings
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Courts Search for Protective Gear to Aid Hospitals
(DBN)

Two Courts Find Mask Stockpiles, Spurring Judiciary-Wide Search
(DBN)

Coronavirus Can’t Stop Ruth Bader Ginsburg From Hitting The Gym
(DBN)

You’re Never Too Old To Be A Supreme Court Justice
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Trump Administration Has Turned Immigration Court Into ‘Public Health Hazard’
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Wall Street:

Stock futures positive as market tries to rebound from second quarter’s rocky start
(DBN)

U.S. stocks tank as bleak news mounts on health, economic fronts Wall Street dives 4% as virus pandemic fears intensify
(DBN)

U.S. stocks signal steep losses as grim news mounts on health, economic fronts
(DBN)

Co-founder of George Soros’s legendary Quantum Fund warns of the ‘worst bear market of my lifetime’
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Here’s the Dow’s April challenge: Hold the lows as coronavirus sends economy off cliff
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Goldman Sachs offers employees an extra 10 days of family leave to cope with coronavirus
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Even Wall Street’s Bottom-Fishers Won’t Go Near Emerging Markets
(DBN)

Coronavirus could drive stocks to new lows this quarter. Here’s why.
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Layoffs:

Employers cut nearly half a million job openings last week as coronavirus froze hiring nationwide
(DBN)

US Jobless Claims Could Hit 5.5M This Week
(DBN)

These 5 sky-high estimates show top economists expect another record flood of unemployment filings as the coronavirus lockdown spreads
(DBN)

White-Collar Employers Promise Job Security, as Service Industry Implodes
(DBN)

Bankrupt restaurant owner CraftWorks fires nearly 18,000 workers
(DBN)

RBS Cuts London Asset-Backed, CLO Team on Zoom Call
(DBN)

A Sephora employee describes the devastating moment she and others in her district were suddenly fired via a conference call
(DBN)

U.S. Companies Shed 27,000 Workers in March, ADP Data Show
(DBN)

Warren Buffett’s See’s Candies Furloughs Retail Workers
(DBN)

US jobs picture darkens as large employers lay off staff
(DBN)

Coronavirus-related layoffs surge in Austin
(DBN)

Retail furloughs snowball as Kohl's, Gap extend store closures
(DBN)

Sungevity Lays Off 400
(DBN)

P&O Ferries lays off 1,100 staff
(DBN)

Schlumberger executives take pay cuts as North American workforce is slashed
(DBN)

Coronavirus Could Lead To Mass Layoffs In Oil And Gas
(DBN)

Stateline Family YMCA lays off 250
(DBN)

Goodwill lays off more than 2,600 workers
(DBN)

Houston travel company temporarily lays off hundreds of employees
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Politics:

The Senator Who Saw the Coronavirus Coming
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Conspiracy-driven train engineer intentionally derailed locomotive near hospital ship in L.A., feds say
(DBN)

Trump just acknowledged downplaying the coronavirus threat: 'I knew it could be horrible'
(DBN)

Trump’s Breakdown
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Book That Predicted Trump's Coronavirus Response
(DBN)

Michigan Gov. Gretchen Whitmer Hits Trump With Sassy T-Shirt Message
(DBN)

The Pentagon warned the White House about a shortage of ventilators, face masks, and hospital beds in 2017—but the Trump administration did nothing
(DBN)

Trump is incapable of taking the coronavirus outbreak seriously
(DBN)

Pelosi attack on Trump coronavirus response is false and ignores all he’s done
(DBN)

Mike Francesa Defends His Anti-Trump Coronavirus Rant
(DBN)

Schiff wants coronavirus commission to investigate federal response to pandemic
(DBN)

Americans laud state, local coronavirus response over feds, poll says
(DBN)

Audaciously, Trump is running for re-election as the Hero of the Coronavirus War
(DBN)

A president who lies constantly can’t lead the people in a crisis
(DBN)

Seth Meyers Exposes Fox News’ Sean Hannity Over Huge Coronavirus ‘Hoax’ Lie
(DBN)

Boston Globe editorial staff: President Trump has ‘blood on his hands’ for coronavirus response
(DBN)

Fox isn't enough: Amid coronavirus crisis, Trump leans on a new media friend
(DBN)

Pelosi: Trump and McConnell ‘should not try to hide behind’ impeachment excuse
(DBN)

In new campaign ad, McConnell touts role in passage of 'biggest economic rescue package in history'
(DBN)

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

Biden, pushing for vote by mail, calls Trump’s opposition to Dem proposals ‘ridiculous’
(DBN)

Kellyanne Conway Keeps Attacking Joe Biden for Staying Inside
(DBN)

Poll: Biden holds wide lead over Sanders in Wisconsin
(DBN)

Newsom and Cuomo have been top leaders in the coronavirus crisis. Don’t count on them to challenge Biden
(DBN)

HHS Inspector General Asked To Look Into CDC Mailing Featuring Trump
(DBN)

Republicans Don’t Oppose Stimulus Spending. They Oppose Democrats.
(DBN)

What happens when a Confidential Informant becomes President?
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Mass Torts:

Recent Court Decisions Clarify When Asbestos Tort Claims Against Reorganized Debtors Are Effectively Enjoined
(DBN)

Boy Scouts Say Fighting Girl Scouts' IP Suit Would Hurt Ch. 11
(DBN)

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Agribusiness:

Why coronavirus grocery buying spree may leave farmers in the lurch
(DBN)

Our Crops May be Rotting in the Field
(DBN)

Facing devastating losses, small farmers pivot to sell directly to consumers
(DBN)

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Cruise Lines:

Carnival still has 6,000 passengers on ships at sea
(DBN)

Thousands Stranded as Australia Cruise-Ship Standoff Intensifies
(DBN)

Coast Guard: Cruise ships must stay at sea with sick onboard
(DBN)

Carnival cancels some cruises through the end of the year
(DBN)

Carnival Boosts Dollar Bond Offering Amid Rampant Demand
(DBN)

Coral Princess cruise ship heads to Florida with sick passengers, as Zaandam awaits its fate with the same port
(DBN)

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Retailing:

Dollar Tree extends $2 per hour 'premium' pay by 2 weeks
(DBN)

Walmart Told to Halt In-Store Sales of Non-Essentials in Vermont
(DBN)

Hobby Lobby Defies Closure Orders, Rebrands Itself An Essential Vendor Of Medical Supplies God Told Us to Reopen
(DBN)

Calvin Klein-parent PVH CEO on Macy’s woes: ‘We have a great deal of confidence’ Macy’s Was Supposed to Have Its Big Comeback, Then the Virus Hit
(DBN)

Detroit Amazon workers plan to walk out over handling of COVID-19
(DBN)

Traffic at Walmart, Costco and Target falls for the first time in weeks as coronavirus stockpiling behavior shifts
(DBN)

Amazon's biggest day of the year is on a collision course with the coronavirus
(DBN)

With stores closed, supply chains are put to the test
(DBN)

Unions and State Officials Criticize Amazon for Firing Strike Leader
(DBN)

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Celebs:

Chris Cuomo did his CNN show from his basement after being diagnosed with COVID-19, and he urged everybody else to stay inside
(DBN)

A famous actress, a legendary playwright, and a game-changing chef — here are the celebrities and notable figures around the world who are believed to have died of the novel coronavirus
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Tennis:

Wimbledon Canceled for First Time Since World War II Due to Coronavirus Pandemic Better late than never to cancel Wimbledon but what took them so long?
(DBN)

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Food/Beverage:

Tom Colicchio Spent 19 Years Building a Restaurant Empire. Coronavirus Gutted It in a Month.
(DBN)

Panic Buying Strains the World’s Food Banks
(DBN)

Gourmet Grocer Dean & Deluca Files for Bankruptcy With Plans to Come Back Dean & DeLuca: Bankruptcy exclusive to US operations In Chapter 11 filing, Dean & DeLuca reveals it owes Midtown Equities $22M Summary: New Chapter 11 Bankruptcy Filing - Dean & Deluca
(DBN)

Report: 110-year-old Berkeley Farms closes for good
(DBN)

Booze sales surge during coronavirus outbreak
(DBN)

Chipotle CFO Says the Chain Can Last a Year With Lower Sales
(DBN)

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Banking:

Main Street Banks Are About to Show Just How Much Risk They Face
(DBN)

Deutsche Bank Reviewing Bonuses in Response to Virus Outbreak
(DBN)

Banker Bonuses Are a Pre-Coronavirus Thing
(DBN)

‘Right now, the bonus is keeping your job’ - bankers shrug off the threat to their payouts
(DBN)

U.S. Bank Stocks Should Be Shorted
(DBN)

Here are the major banks that are freezing hiring during the outbreak
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Pharma:

Akorn Says Credit Default Brings It To Brink Of Bankruptcy
(DBN)

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Festivals:

Edinburgh Fringe Festival Becomes Latest Event Hit by Virus
(DBN)

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Telecoms:

Frontier prepares for bankruptcy, regrets failure to install enough fiber
(DBN)

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Maritime:

Panama Canal Sends Thousands of Workers Home
(DBN)

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Pensions:

Pension Funds Will Take a Big Coronavirus Hit
(DBN)

Coronavirus Is Making the Public Pension Crisis Even Worse
(DBN)

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Education:

Growing number of states say they are closing schools for rest of 2019-2020 year
(DBN)

University of California to Temporarily Drop SAT Requirement
(DBN)

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Personal Finance:

They All Retired Before They Hit 40. Then This Happened.
(DBN)

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Taxis:

Taxi driver who got his start in 1975 files bankruptcy amid coronavirus
(DBN)

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Finance:

Receivable Financing: COVID-19 Related Issues
(DBN)

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Climate:

Abnormally warm Gulf of Mexico could intensify the upcoming tornado and hurricane seasons
(DBN)

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Transit:

U.S. transit nearly stops in new normal
(DBN)

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Tourism:

Empty Hotels. Idled Tour Buses. The Pandemic Is Devastating Tourism.
(DBN)

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Mail:

Pelosi seeks more funding for U.S. Postal Service as Democrats warn of ‘crisis’ for agency
(DBN)

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Guns:

Coronavirus has sparked a surge in gun sales not seen since Sandy Hook
(DBN)

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Distressed Investing:

Worst Yet to Come For Junk Debt as Defaults Loom, Goldman Says
(DBN)

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Tech:

Zoom's security and privacy problems are snowballing
(DBN)

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Autos:

Auto Sales Plummet in First Quarter as Buyers Stay Away
(DBN)

Worst yet to come as coronavirus takes its toll on auto sales
(DBN)

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Economy:

Trillions in coronavirus spending could explode deficits to World War II levels
(DBN)

Fed’s Eric Rosengren says the central bank ‘acted quickly’ as markets froze
(DBN)

A new American coronavirus consensus
(DBN)

Why this global recession could last a long time
(DBN)

Economists Debate Shape of a Global Recovery After Coronavirus
(DBN)

If the Virus Hadn’t Caused the Crash, Something Else Would Have
(DBN)

Krugman Warns of Huge Fiscal Time Bomb
(DBN)

Cuomo: Normal Isn't Coming Back
(DBN)

Fed, seeking ways to improve Treasury market, eases capital rule for big banks Big Banks Get Fed Blessing to Extend Leverage
(DBN)

Shutdown drives California unemployment to Great Recession levels in barely a month Coronavirus could lead to the highest unemployment levels since the Great Depression Millions of jobless Americans to apply for unemployment benefits for second straight week Jobless claims will be huge, but millions more expected from the ‘earthquake shaking the whole country’
(DBN)

Class of 2020 was to enter the strongest job market in 50 years — and now graduates’ earnings will lag peers’ for a decade
(DBN)

US Treasury yields sink as investors brace for more harrowing jobs data
(DBN)

Manufacturers see biggest plunge in new orders and employment in 11 years, ISM finds U.S. ISM Factory Orders, Employment Gauges Weakest Since 2009 ISM Manufacturing index Decreased to 49.1 in March
(DBN)

Global economy may shrink almost 1% in 2020 due to coronavirus, U.N. warns
(DBN)

Top Harvard economist warns of ‘mother of all financial crises’ amid coronavirus pandemic
(DBN)

ADP: Private Employment decreased 27,000 in March
(DBN)

Top Democrats seek infrastructure package targeting transportation, health centers and broadband, using earlier plan as framework Pelosi says she wants to push ahead with infrastructure bill after House House Democrats Outline Infrastructure Demands for Next Stimulus returns Pelosi should 'stand down' on passing another rescue bill, McConnell says
(DBN)

About that Infrastructure Package
(DBN)

'Unprecedented Need for Information': Inside the Lobbying Frenzy
(DBN)

‘Shutdown everywhere’ for at least 10 weeks? Bill Gates warns there’s ‘no middle ground’ in the coronavirus fight
(DBN)

Reopening the Economy Is Pointless When Cities Are Under Siege
(DBN)

Read the letter my dad, a top virologist, wrote our family about signs of progress around COVID-19 — and why we can't end the lockdown anytime soon
(DBN)

A loophole for construction workers shows how arbitrary and confusing ‘stay at home’ regulations are
(DBN)

Stark drone videos of empty US cities become online trend amid coronavirus pandemic
(DBN)

Big increase in jobless benefits to give millions of laid-off workers higher pay temporarily
(DBN)

DOL Says 61 Million Workers Can Get Virus-Related Paid Leave
(DBN)

Unemployment for gig, self-employed workers mired in confusion, delays
(DBN)

Millions of Americans on Social Security could miss out on a $1,200 stimulus check due to a Trump rule compelling them to file a tax return Social Security recipients don’t need tax returns to get relief checks
(DBN)

New Stats Don’t Bode Well For Error-Free Virus Stimulus Payments
(DBN)

The list of who won't get a $1,200 stimulus check is growing - and includes some surprising groups
(DBN)

Federal officials scramble to ensure tech glitches, bureaucracy don't delay $1,200 coronavirus checks
(DBN)

Unemployment Insurance Isn’t Ideal for Helping Workers
(DBN)

Citigroup CEO says ‘working around the clock’ on small business relief program
(DBN)

Frequently Asked Questions On Small Business Loans In Coronavirus Relief CARES Act
(DBN)

Small Business Administration and Department of Treasury Publish Paycheck Protection Program Loan Application Form and Instructions to Help Businesses Keep Workforce Employed
(DBN)

Small Business Administration: The Paycheck Protection Program under the CARES Act
(DBN)

87% of Small Business Owners Say Their Business Is Hurting from the Coronavirus
(DBN)

Why Coronavirus Stimulus May Come Too Late for Many Small Businesses
(DBN)

Small-business owners face tough decisions as they wait for government loans to arrive
(DBN)

How to Make Sure the Small-Business Bailout Works
(DBN)

Critics of Stock Buybacks Will Outlast Coronavirus Demonizing Corporate Buybacks a Bad Idea, Canaccord’s Dwyer Says
(DBN)

The rent is due but many Americans can't pay the bills Nearly 60 Percent of U.S. Workers Won't Be Able to Meet Their Basic Financial Needs Under One-Month Coronavirus Quarantine, Survey Shows
(DBN)

28 percent of Americans say they've already lost wages due to coronavirus: poll
(DBN)

Bill Gates outlines 3 steps US government needs to take ‘to save lives and get the country back to work’
(DBN)

The earlier the better, California and Washington data shows. Georgia Gov Shows Just How Far Behind The World He Is On Coronavirus Facts Florida Governor, at Long Last, Orders Residents to Stay Home to Avoid Coronavirus Trump Says He May Restrict Flights From New York Over Virus Florida's slow response may have made its coronavirus outbreak worse Florida Gov. Ron DeSantis orders statewide shutdown after insisting the White House hadn't advised him to take bold action Florida, Pennsylvania issue stay-at-home orders amid coronavirus outbreak European experts ready smartphone technology to help halt coronavirus spread All New York City playgrounds will be closed, says Gov. Cuomo Cape Cod Residents Petition To Close Bridges During Coronavirus Pandemic Air Force Academy eases coronavirus lockdown after two cadets die by apparent suicide A California community closed beaches over coronavirus concerns. The emergency manager took his family anyway.
(DBN)

Antibody tests to pinpoint number of U.S. coronavirus infections are key to reopening country Why testing offers a way to end the lockdowns
(DBN)

Where are the Missing 27 Million Test Kits?
(DBN)

Zandi: Economy Won't Recover Until Vaccine
(DBN)

“Shelter in place” is impossible if you can’t afford a home
(DBN)

What if This Coronavirus Lockdown Is Only the Beginning?
(DBN)

‘The line you’ve reached is busy’: Laid-off workers fight to claim unemployment aid
(DBN)

Billionaire Mark Cuban has a strong message for CEOs: Millennials and Gen Zers will send your brand 'straight into the toilet' if you lay off employees during the pandemic
(DBN)

Coronavirus will be ‘imprinted on the personality of our nation for a very long time,’ Fauci warns
(DBN)

Gender Pay Gap: Creating More Opportunities For Women Can Add Trillions To World’s GDP, Study Shows
(DBN)

These 60 large U.S. companies are ‘susceptible to a dividend cut,’ according to Jefferies
(DBN)

Virus spreads and car sales, energy prices, markets tumble
(DBN)

Trump Rebuffs Demands to Lift Tariffs as Economy Falters
(DBN)

Lines stretch at California food banks near Disneyland as 'The Happiest Place on Earth's' home city is crippled by its closure and charities warn of 40-fold increase in pleas for help
(DBN)

The Same Stimulus That Rich Countries Lean On Could Worsen Poor Economies Investors brace for credit crisis in emerging markets
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Landlords in U.S. Squeezed Between Missed Rent and Overdue Loans
(DBN)

Mortgage lenders worry about cash flow if millions miss their payments on April 1
(DBN)

New rallying cry among America's working class: No one should pay rent until the coronavirus ends
(DBN)

Renters Are Struggling To Pay Their Landlords, and Relief Is Not On the Way
(DBN)

The Case for a Rent Moratorium
(DBN)

U.S. Hourly Workers Push to Get Paid Sooner
(DBN)

These housing markets are in danger of a coronavirus-related recession
(DBN)

A Glut of “Opportunistic” Margin Calls: Are Creditors Moving Too Quickly to Seize Assets?
(DBN)

These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says
(DBN)

Zillow Case-Shiller February Forecast: "Ancient History"
(DBN)

Manhattan Home Sellers Hold Back Listings in Coronavirus Retreat
(DBN)

Fannie Mae: Mortgage Serious Delinquency Rate Declined in February, Lowest Since 2007
(DBN)

MBA: Mortgage Refinance Applications Increased, Purchase Applications down 24% YoY Loan Applications to Buy U.S. Homes Decline to Lowest Since 2016
(DBN)

How far this recession could drive down purchase mortgage applications
(DBN)

Construction Spending Decreased in February
(DBN)

Outrage After Homeowners Association Targets Florida Nurse During COVID-19 Pandemic
(DBN)

Chief regulator says mortgage bailout is ‘on the honor system’
(DBN)

Mortgage relief is only for those who’ve lost jobs, Mnuchin says
(DBN)

CARES Act mortgage foreclosure and tenant eviction relief
(DBN)

Who will pay the rent this month? It matters to REITs
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Municipalities:

Muni Market Rout Returns With Record Exodus Fueling Cash Strains
(DBN)

Muni Lowdown: Stimulus scenarios
(DBN)

Why State and Local Debt Is Fraught Territory for the Fed
(DBN)

Nuveen’s Miller Dominated Junk Muni Funds, Then They Crashed
(DBN)

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Oil/Gas:

Whiting Petroleum files for bankruptcy, has enough liquidity to keep operating its business Whiting Executives Got $14.6 Million Bonuses Before Bankruptcy Whiting Petroleum Corporation Reaches Agreement in Principle with Certain of Its Noteholders to Pursue Consensual Financial Restructuring Shale Giant Files For Bankruptcy As Oil Price War Rages On Whiting Bankruptcy Shows How Shale Crash Imperils Supply Chain Whiting’s Failed ‘Comeback’ Pushes Shale Driller Into Bankruptcy Oil’s Crash Tips Former Titan of U.S. Shale Into Bankruptcy Denver-Based Petroleum Company Files For Chapter 11 Bankruptcy Protection ‘The other bomb’ — Cramer’s warning as first shale company files for Chapter 11 Whiting Bankruptcy Shows How Shale Crash Imperils Supply Chain Oil Price Crash Pushes Whiting Petroleum To Bankruptcy As Stock Slumps 91% U.S. shale company Whiting becomes first major bankruptcy of oil-price crash Oil producer files for bankruptcy amid virus, low prices
(DBN)

Summary: New Chapter 11 Filing - CARBO Ceramics
(DBN)

Oil’s crash starts claiming victims across the industry
(DBN)

First Few Shale Bankruptcies Probably Would Have Happened Anyway
(DBN)

Haynes And Boone Report Forecasts Oil Lending Bloodbath Borrowing Base Redeterminations Survey Energy Bank Price Deck Survey
(DBN)

Oil Slump Sees Moody’s Slap BP, Equinor And Total With ‘Negative’ Outlooks
(DBN)

Oil prices surge nearly 10% after Trump says Russia-Saudi feud can be resolved Oil Futures Rebound Masks Strain on Plunging Physical Market Trump Administration’s Oil Diplomacy Looks Like Good Cop-Bad Cop
(DBN)

Some U.S. bond funds escape full trauma of energy meltdown
(DBN)

$1 Oil: Saudi Arabia's Attempt To Crush U.S. Shale
(DBN)

The world could soon run out of space to store oil. That may plunge prices below zero Overflowing Oil Tanks Have Traders Eyeing Rail Cars for Storage Negative Oil Prices? They’re Already Here
(DBN)

Shipping U.S. Oil to China Now Costs Half as Much as the Cargo
(DBN)

Oil, gasoline stockpiles jump as demand deteriorates
(DBN)

$20 per barrel oil sends energy companies to restructuring specialists in droves
(DBN)

U.S. Drillers Face Doomsday Scenario As Some Crude Blends Hit $1
(DBN)

Oil Giants Turn On Each Other As Crude Prices Plummet
(DBN)

Several BP offshore workers test positive for coronavirus
(DBN)

Private Equity Can’t Escape the Pain of Shale Country’s Collapse
(DBN)

Trump Says Russia and Saudi Arabia Are Discussing End to Oil Price War
(DBN)

Russia Says No One Should Intervene in Saudi Oil War
(DBN)

Who Is Really Responsible For The Oil Price War
(DBN)

Oil prices rally on growing hopes for Russia-Saudi Arabia pact
(DBN)

Exxon, other U.S. oil companies to meet with Trump for aid Energy CEOs will meet with Trump Friday at the White House as oil prices tumble
(DBN)

U.S. oil industry pumps near record volumes even as demand and prices collapse
(DBN)

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn
(DBN)

Massive New Mine Owned by Suncor, Teck Could Be Oil-Sands’ First Victim of Price War
(DBN)

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Municipalities:

These states could be hit with the biggest job losses from coronavirus pandemic
(DBN)

Billion-Dollar Blows to U.S. States Crater Spending Plans
(DBN)

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Healthcare:

Bankrupt Astria Regional hospital will temporarily reopen under Washington state control, may add 200+ beds for COVID-19 patients Hospital reopening is the right thing; now, make it happen soon
(DBN)

Decision nears for Ellwood City Medical Center
(DBN)

Successful bidder for Williamson hospital has proven track record
(DBN)

The Cautionary Tale from a Hospital Closing
(DBN)

Rural areas fear spread of virus as more hospitals close
(DBN)

States Order Health Insurers to Keep Covering Workers in Pandemic
(DBN)

Health Insurance and Bankruptcy Risk: Examining the Impact of the Affordable Care Act
(DBN)

Estimates Show Wuhan Death Toll Far Higher Than Official Figure China hid extent of outbreak, US intelligence reportedly says Is China Underreporting Its Coronavirus Figures? Trump says he doesn’t know if China underreported numbers
(DBN)

Trump Says He’s Looking at Hazard Pay for Health-Care Workers
(DBN)

The stark differences in countries’ coronavirus death rates, explained
(DBN)

Health care workers see wave of coronavirus coming in their ranks
(DBN)

Coronavirus is now the third leading cause of death in the US, doctor says
(DBN)

240,000 U.S. Virus Deaths Don't Have to Happen White House Now Predicting Up to 240,000 Will Die
(DBN)

1,000 Died in America Yesterday from Virus
(DBN)

Pentagon Seeking 100,000 Body Bags for Civilians in Crisis
(DBN)

Anthony Fauci given security detail after receiving threats
(DBN)

US coronavirus cases top 200,000 as virus spreads and testing ramps up
(DBN)

April 1 Update: US COVID-19 Tests per Day; More Testing Needed
(DBN)

Virus hot spots clamor for quick tests; administration officials debate where to send them
(DBN)

Nearly 3,000 sailors to leave carrier amid virus outbreak
(DBN)

Pence: Coronavirus impact in U.S. may be "most comparable" to Italy
(DBN)

Global coronavirus cases will hit 1 million and 50,000 deaths in a few days, WHO officials say
(DBN)

A grim reminder that these women get paid less than men — even on the front lines of coronavirus
(DBN)

28 University of Texas spring breakers who flouted public health advice test positive for coronavirus Of course these spring breakers returned to Texas with coronavirus
(DBN)

Coronavirus: How sick will you get? 10 coronavirus symptoms you may not be aware of, from malaise and dizziness to digestive issues Researchers finally explained the weirdest coronavirus symptom When you can’t smell, should you suspect coronavirus? Coronavirus can spread one to three days before symptoms appear: CDC study More evidence indicates healthy people can spread virus How long should you stay in isolation after coronavirus symptoms go away? Why Are So Many More Men Dying from Coronavirus? More evidence indicates healthy people can spread virus When a retired janitor died, crowds flocked to his funeral and mourned together. Within weeks, their city was overrun by coronavirus cases Fewer Coronavirus Deaths Seen in Countries That Mandate TB Vaccine
(DBN)

Australia begins coronavirus vaccine tests
(DBN)

White House advisor Fauci says coronavirus vaccine trial is on target
(DBN)

Chloroquine Helped, but Not Magic Bullet
(DBN)

Many New York Coronavirus Patients Are Young, Surprising Doctors
(DBN)

N.J. Rate of Virus Increases Is Diminishing, Governor Says
(DBN)

More than 4,000 coronavirus cases in Washington region with peak still weeks away
(DBN)

U.S. coronavirus updates: Death toll tops 5,000
(DBN)

California coronavirus deaths surge past 200 as L.A., O.C. see massive rise in daily infections More than 1,000 new coronavirus cases in L.A. in 2 days as death toll surges to 65 Coronavirus cases approach 10,000 as California braces for worsening conditions
(DBN)

MA: Shutdowns and stay-at-home orders may be slowing spread of coronavirus, new data show
(DBN)

`A battlefield behind your home’: Deaths mount in New York New York deaths double in 3 days, with worst to come New York virus toll doubles in 72 hours as hot spots spread New York 'like a battlefield'
(DBN)

City Deploys 45 Mobile Morgues as Virus Deaths Strain Funeral Homes
(DBN)

New York's scramble to brace for peak crisis is warning for rest of U.S.
(DBN)

Doctors deal with the stress of the COVID-19 crisis
(DBN)

NYPD considered ‘DOA Teams’ to collect bodies of coronavirus victims
(DBN)

The Coronavirus Patients Betrayed by Their Own Immune Systems
(DBN)

The US is running low on more than a dozen drugs that hospitals need to treat critically ill coronavirus patients
(DBN)

Some hospitals are facing an oxygen shortage amid coronavirus crisis
(DBN)

Protective gear in national stockpile is nearly depleted, DHS officials say
(DBN)

Tension, Fear Grip U.S. Health Workers With Critical Protective Gear Running Low
(DBN)

The Burning Man community is helping to get masks, other supplies to hospitals
(DBN)

Hospital Is Not Allowing Nurses To Wear Masks In Thick Of COVID-19 Pandemic, Furious Nurse Says
(DBN)

Face masks and coronavirus: Asia may have been right and the rest of the world is coming around
(DBN)

US surgeon general asks CDC to see if face masks can prevent coronavirus spread
(DBN)

Chinese scientists on hunt for coronavirus treatment find ‘effective’ antibodies
(DBN)

Trump is refusing to reopen the Obamacare exchanges to help millions of uninsured Americans get coverage during the coronavirus pandemic
(DBN)

What the Nurses See: Bronx Hospital Reels as Coronavirus Swamps New York
(DBN)

Rikers Island Prisoners Are Being Offered $6 an Hour to Dig Mass Graves
(DBN)

Texas border town orders residents to cover faces amid coronavirus crisis
(DBN)

The bizarre reality of being new parents in the age of coronavirus
(DBN)

Tesla is shipping FDA-approved ventilators to hospitals around the world free of charge during the coronavirus pandemic
(DBN)

Should Doctors Have the Right to Withhold Care From the Sickest?
(DBN)

The World’s Sports Stadiums Are Being Converted Into Hospitals to Fight the Coronavirus Outbreak Queens tennis stadium to become temporary hospital during coronavirus pandemic
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (91 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:

‘It’s really a question of when.’ The coronavirus pandemic is about to spawn a surge in bankruptcies, experts say
(DBN)

______________

Bankruptcy Reform:

The Small Business Reorganization Act of 2019 Makes a Timely Arrival
(DBN)

CARES Act: Bankruptcy Provisions
(DBN)

COVID-19: Small Business Bankruptcy Relief
(DBN)

CARES Act expands eligibility under Small Business Reorganization Act of 2019
(DBN)

Considerations for the Not-So-Small Small Business Owner in Seeking Relief Under the Bankruptcy Code
(DBN)

CARES Act Temporarily Expands Certain Bankruptcy Relief Available to Small Businesses
(DBN)

Summary of the Amendments to the Bankruptcy Code Contained in the CARES Act
(DBN)

____________

Mediation:

Mediation Can (And Must) Embrace Social Distancing
(DBN)

____________

Trustees:

BK ID Seeks Ch. 7 Trustee
(DBN)

____________

Fiduciary Duty:

Fiduciary Duties in Times of Financial Distress
(DBN)

____________

Environmental:

Court Holds Environmental Penalties Are Dischargeable In Bankruptcy
(DBN)

____________

Sales:

363 Preparedness: Practical Sell-Side Tips
(DBN)

Credit Bids: Buyer Beware
(DBN)

____________

Corporate Governance:

Coronavirus Is Putting Corporate Social Responsibility to the Test
(DBN)

____________

UST:

U.S. Trustee Program Extends Telephonic Section 341 Meetings to Cases Filed Through May 10, 2020
(DBN)

Change in Chapter 11 Quarterly Fee Payment Processing Time
(DBN)

____________

Divestment:

Bankruptcy Court Lacks Jurisdiction to Decide Motion to Stay Pending Appeal
(DBN)

____________

Miscellaneous:

Rochelle
(DBN)

____________

Student Debt:

How The CARES Act Can Minimize Your Federal Student Loan And Tax Payments
(DBN)

Here's What Lawyers Need to Know About Student Loan Relief
(DBN)

____________

Religion:

Texas Pastors Sue To Protect Right To Share Germs (And Jesus) During Pandemic
(DBN)

Louisiana Pastor Said He Violated Governor’s COVID-19 Order ‘Because the Lord Told Us to’
(DBN)

Louisiana church packed for services again despite charges against pastor amid pandemic
(DBN)

TX Gov overrides local rules on religious gatherings amid coronavirus crisis
(DBN)

New accusations against most senior Catholic official to be convicted of child sex abuse
(DBN)

____________

Fraud:

March 2020 Ponzi Scheme Roundup
(DBN)

Legal Experts Say Prosecuting Sen. Burr for Insider Trading Would Be ‘Very Difficult’
(DBN)

New disclosure reveals Sen. Kelly Loeffler and her husband dumped retail stock and bought shares in a company that manufacturers medical supplies
(DBN)

Lori Loughlin and 13 other defendants move to dismiss charges in college admissions scandal Parents Charged With College Cheating Assail Government’s Case
(DBN)

____________

Mail:

Does The Post Office Need A Pension Bailout, And What Does That Have To Do With The Coronavirus?
(DBN)

____________

Guns:

Rand Paul pushed for new DHS guidance deeming firearms industry workers ‘essential’ during coronavirus crisis
(DBN)

____________

Basketball:

Quarantine NBA playoffs in Las Vegas? That option is being floated amid coronavirus
(DBN)

____________

Private Equity:

Private equity firms will get a liquidity cushion for payroll tax holiday
(DBN)

____________

Media:

Media industry girds for canceled sports seasons and a fight for refunds
(DBN)

With baseball postponed, workers for regional sports network left without pay are uncertain what comes next
(DBN)

____________

History:

Past Epidemics Changed How We Live
(DBN)

What New York Looked Like During the 1918 Flu Pandemic
(DBN)

____________

Aviation:

'Let them go bankrupt': Billionaire bond king Jeffrey Gundlach explains why the government should let cash-strapped airlines go belly-up - and says intervention will just end up juicing their profits
(DBN)

American Airlines apologizes for mistakenly offering hundreds of pilots leave amid coronavirus American Air Withdraws Pilot Leave Offers After ‘Miscalculation’
(DBN)

Boeing to Offer Early Retirement, Buyouts Due to Virus
(DBN)

Deal Shows Virus-Hit Airlines Can Sell Debt But at Steep Cost
(DBN)

Trump considering grounding domestic flights to coronavirus hot spots
(DBN)

The Coronavirus Aid, Relief, and Economic Security Act: Assistance Available to Passenger Airlines and Airports
(DBN)

Kenya Airways Seeks State Support to Survive Next Six Months
(DBN)

Govt may further extend deadline to bid for Air India
(DBN)

Qantas can do without government loan, says biggest shareholder
(DBN)

EasyJet Explores Fundraising Options to Ride Out Slump EasyJet Founder Escalates Spending Row With Challenge to Board
(DBN)

British Airways to reportedly suspend 36,000 of its employees
(DBN)

Warren Buffett's Berkshire Hathaway took a $5 billion hit on its airline stocks last quarter
(DBN)

China’s domestic aviation recovers, but only mildly, from virus shutdowns
(DBN)

Lawmakers demand airlines refund customers for coronavirus cancellations United refunds passenger $1,200 for coronavirus cancellation America's bailed-out airlines are not 'playing fair' with customers, travel expert says
(DBN)

Stricken Airlines Risk Clash With EU in Bid to Avoid Refunds
(DBN)

Boeing 737 MAX Deliveries In Question As Europe’s Airlines Preserve Cash For Survival
(DBN)

American Airlines Set To Retire 105 Planes Early
(DBN)

Airlines will offer fewer choices and higher fares after the coronavirus crisis
(DBN)

Airlines facing what official calls "deepest crisis ever"
(DBN)

Could Airlines Be Nationalized? As Italy Takes Full Ownership Of Alitalia, Will More Airlines Follow?
(DBN)

Global Eagle eyes debt restructuring In-flight entertainment company Global Eagle explores debt restructuring
(DBN)

Eastar Jet, union in talks over job cuts on virus impact
(DBN)

ie: Crisis could hit aircraft lessors based in Republic
(DBN)

____________

Utilities:

CEO of Bankrupt Utility PG&E Earned $18.5 Million in 2019
(DBN)

____________

Furniture:

Art Van may be sliding toward Chapter 7 liquidation Robert Levin’s hopes to rescue W. Pa. furniture chain complicated by Art Van bankruptcy
(DBN)

Donghia files for Chapter 7 bankruptcy
(DBN)

____________

Paper Products:

Top U.S. toilet paper maker: ‘We’re working around the clock’
(DBN)

____________

Newspapers:

Gannett suspends dividend and negotiates with creditors, to cut jobs and executive salaries
(DBN)

____________

Hotels:

What to do with distressed hotels. Lender (and borrower) guide
(DBN)

Hotel Occupancy Rates Slide Even More With U.S. Travel Shut Down
(DBN)

____________

Coal:

Murray Energy, U.S.’ largest private coal company, looks at possibility of liquidation
(DBN)

____________

Nursing Homes:

Nursing home lockdowns are forcing families to say goodbye
(DBN)

Union demands protection for nursing home staff amid coronavirus pandemic
(DBN)

____________

UK:

Wimbledon Is Canceled as Britain Remains on Lockdown
(DBN)

UK bank shares plunge after sector halts dividends on BoE warning
(DBN)

Almost 1 million Brits apply for benefits in just two weeks as survey reveals 27% of businesses are laying off staff
(DBN)

U.K. Struggles to Use Virus Tests as Pressure Mounts on Johnson Senior public health official voices frustration over lack of coronavirus testing ‘Shambles’ and ‘ridiculous’: Why the UK media is scathing about the coronavirus-testing chaos
(DBN)

U.K. Property Fund Freeze Hits $25 Billion as Virus Rocks Values
(DBN)

Five Lenders Withdraw From U.K. Small Business Rescue Plan
(DBN)

Hospitals in England order doctors to shave beards amid coronavirus crisis
(DBN)

Virus Leaves Thatcher’s Children with Bigger Nightmare Than 2008
(DBN)

____________

EU:

Brussels eyes markets to fund €100bn pandemic jobs scheme
(DBN)

Which Law Applies When Determining the Validity of an Assignment of Receivables Cross-Border? Update
(DBN)

EU response to corona crisis ‘poor,’ says senior Greek official
(DBN)

Europe should see a ‘tick mark’ recovery after a coronavirus plunge, economists say
(DBN)

European Commission Proposes State Wage Support Program
(DBN)

Coronavirus reopens Europe's angry divide
(DBN)

____________

PIIGS:

‘This looks like operating in a war zone’: Italian doctor who treated Italy’s ‘Patient 1’ battles to save lives from coronavirus
(DBN)

Making Sense of Italy’s Staggering COVID-19 Death Toll Italy's Coronavirus Death Toll Far Higher Than Reported Study says virus death toll in Italian province is double the official tally
(DBN)

Europeans See Glimmer of Hope in Italy’s Virus Stabilization
(DBN)

Turkish pandemic airlift reveals new NATO mission
(DBN)

World’s Virus Crisis Fighters Can Learn From Greek Tales of Woe
(DBN)

____________

Canada:

Trudeau’s Fiscal Package Reaches $176 Billion With Latest Steps
(DBN)

____________

Russia:

New law on bankruptcy moratorium comes in force in Russia
(DBN)

Moscow rolls out tracking app to ‘ensure self-discipline’ during coronavirus lockdown
(DBN)

____________

China:

Chinese county says in lockdown after coronavirus cases
(DBN)

Chinese city bans eating dogs and cats in response to coronavirus
(DBN)

China’s Jobless Rate to Rise as Canceled Orders Hurt Manufacturers
(DBN)

For some Chinese businesses, no going back to pre-coronavirus ways
(DBN)

Trillions in Rescue Aren’t Coming From China
(DBN)

How China Beat Coronavirus
(DBN)

____________

Brazil:

Bolsonaro, Isolated and Defiant, Dismisses Coronavirus Threat to Brazil
(DBN)

____________

Bulgaria:

Bulgaria plans to extend state of emergency until May 13
(DBN)

____________

Germany:

Mass testing, empty ICUs: Germany scores early against virus Germany conducting more than 50,000 coronavirus tests a day
(DBN)

German Government Extends Nationwide Lockdown Until April 19
(DBN)

A Fifth of German Workforce Could Have Hours Cut Amid Lockdown
(DBN)

German Department Store Galeria Files for Creditor Protection
(DBN)

What should German organizations be doing to mitigate the impact of Covid-19?
(DBN)

____________

France:

Learning on the job: French student doctor thrown into coronavirus front line
(DBN)

____________

India:

India’s Grim Coronavirus Exodus Has Some Ugly Echoes
(DBN)

Toaster-sized Ventilator From India Helps Hospitals In Virus Fight
(DBN)

India automaker Maruti Suzuki made ‘no sales’ since virus lockdown
(DBN)

____________

Russia:

Bank of Russia Starts Crisis Briefings as Nation Shuts Down
(DBN)

Roadblocks Go Up as Russian Towns Seek Isolation From Virus
(DBN)

____________

Venezuela:

Poorest Caracas Neighborhoods Flout Maduro’s Virus Lockdown
(DBN)

____________

Argentina:

Argentina provides guidance for $83 billion debt restructuring
(DBN)

Argentina postpones debt restructuring deadline
(DBN)

____________

Somalia:

Paris Club creditors cancel $1.4B of Somalia's debt
(DBN)

____________

MENA:

Israelis told to wear face masks in public, mark religious holidays with close family only Israel’s health minister has virus, top officials to isolate
(DBN)

Pakistani Court Overturns Murder Conviction in Death of Journalist Daniel Pearl
(DBN)

____________

Philippines:

Duterte warns those who violate coronavirus lockdown will be shot dead
(DBN)

____________

Norway:

Coronavirus leaves wealthy Norway facing tough spending choices
(DBN)

____________

Asia:

Coronavirus epicenter could ‘possibly’ shift back to Asia: Public health expert
(DBN)

____________

Singapore:

Proposed Bill to protect firms, individuals with contractual obligations affected by COVID-19
(DBN)

____________

Australia:

Australia Offers Free Childcare in Further Support to Workers
(DBN)

____________


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