April 6, 2020

The Daily Bankruptcy News

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Law:

Law Firm Conducts Firmwide Layoffs, Furloughs Citing Coronavirus Concerns
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Associates Take A 20 Percent Pay Cut And Some Staff Gets Furloughed At This Am Law 100 Firm
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We worked harder than today’s young lawyers, nearly half of surveyed partners say
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Pay Cuts Continue to Sweep Across America’s Top In-House Lawyers
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The Am Law 100 COVID-19 Furloughs Continue
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Legal industry loses 1,700 jobs in March Legal Jobs Fell by 1,700 in Early Weeks of Pandemic in U.S.
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COVID-19 Shifts Law Firms' Hiring, Onboarding Process Online - To a Limit
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Some law firms delay start of summer associate programs because of novel coronavirus
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Massive Furloughs Hit This Biglaw Firm
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One Of Vault’s ‘Best Law Firms To Work For’ Slashes Salaries By 20 Percent
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Am Law 200 Firm Goes With A Sampler Platter Of Cost-Cutting Measures
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Biglaw Layoffs In A Pandemic: Opportunistic Or Necessary?
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Lawyers re-tool to take on restructuring boom
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Legal aid programs likely to be hard hit by drop in IOLTA funds, group warns
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As US Unemployment Soars, Legal Industry Hopes to Avoid Widespread Layoffs
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Staying Connected While Working Remotely
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6 Ways Tech Can Help Keep Attorneys Engaged, Even While Remote
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Tomorrow Is Here
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MoFo Can Get Some Personnel Records From Ex-Lawyers’ Other Firms
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O'Melveny Knocks Out $54M Malpractice Case Claiming It Cheated Ex-Client
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Arnold & Porter Partner Channels Deepak Chopra From Home for 400
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Law School Student Governments Petitioning For Diploma-Privileged Admission
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Jones Day Puts Out Promotional Video About Their Arsonist Space Program Or Something
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Trump fires intelligence official who helped initiate impeachment
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After Kushner Mangles Stockpile Law At Corona Presser, HHS Mangles Stockpile Website
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Even Now, Criminal Defendants Have Rights
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Judge Demands Details on FBI Surveillance
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Trump Picks White House Lawyer as Watchdog for Virus Bailout
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Barr orders increase in home confinement as virus surges U.S. attorney general orders release of more federal inmates due to coronavirus pandemic
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‘I’m scared to leave’: Freed inmates face new challenges in the age of coronavirus
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Mobsters, killers, rapists seeking prison release because of coronavirus
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Constitutional law professor slams CNN’s Jim Acosta as source of ‘press pandemic’
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1st federal inmate to die of coronavirus wrote heartbreaking letter to judge
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‘Courageous, resilient’: Detroit police solider on, despite COVID-19 outbreak
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Drug dealers adapt to life under coronavirus lockdown
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Aggressive Cops Bust Brooklyn Youth Brawl Which Violated Quarantine Guidelines
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Out-of-Staters Unwelcome: Golfers Arrested for Violating Coronavirus Quarantine Orders
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Woman Charged with Manslaughter After Allegedly Hitting Elderly Patient Who Wasn't Social Distancing
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Deputy Suspended for Having ‘Personal Relationship’ with Murder Defendant: Officials
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For Now, US Judge Won’t Release Immigrants With High Virus Risks
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Illegal Mexican border crossing at a standstill as coronavirus pandemic rages in US
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Facing coronavirus pandemic, Trump suspends immigration laws and showcases vision for locked-down border
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Migrants are the unsung heroes of the pandemic
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Two Men Claimed to Have COVID-19, Then Stole Two Cases of Corona Beer: Police
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New York City Sees More 75% More Burglaries of Businesses Under Coronavirus Emergency Measures Store owners boarding up buildings across Manhattan
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Arizona hospital aide steals coronavirus protective equipment, supplies worth $1,700, police say
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Illinois Murder-Suicide: Man Shoots Wife Before Killing Self Fearing They Had Coronavirus
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Police issue citation, fine woman who was just ‘going on a drive’ amid coronavirus stay-at-home order
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Law and order fears for NYC as nearly 10,000 NYPD and FDNY members call out sick amid a rise in burglaries
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Coronavirus scofflaws arrested, criminally charged as California cracks down
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Even with a pandemic, many older Americans are carrying on as usual
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Los Angeles prosecutors charge ‘non-essential’ shops for staying open
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Cops break up Brooklyn funeral for coronavirus victim as mourners ignore social distancing
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You Can’t Get Either Married or Divorced in N.Y. Right Now
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U.S. Will Give Terrorist Label to White Supremacist Group for First Time
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Judges:

BK SD NY and BK ED NY: Bankruptcy Judgeship Vacancy – [Extension of application period until April 17]
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A Case Study in How Judges Determine Witness Credibility
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Bankruptcy Courts: Open for Business
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COVID-19 Related Updates to Bankruptcy Courtroom Policies and Procedures
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Trump, McConnell Keep Up Drive to Fill Up Courts Amid Outbreak Trump’s imprint on federal courts could be his enduring legacy
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Trump nominee to DC Circuit was rated ‘not qualified’ by ABA for trial court judgeship Trump Nominates Judge Once Rejected by ABA for D.C. Circuit
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Speedy-Trial Right Suspended for a Year in U.S. Border Court
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Supreme Court Postpones April Arguments; 20 Cases Delayed Supreme Court cancels April arguments, unclear how it will finish term
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Florida Governor Expresses Concern That 'Zoombombing' Could Sabotage 'Poll Tax' Trial
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Wall Street:

Stocks are set to jump, with Dow futures pointing to a more than 800 point gain
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Dow tumbles 360 points after rough March jobs report
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Trump Organization has laid off about 1,500 employees as pandemic hits business
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JPMorgan Says Slowing U.S. Virus Cases to Put Floor Under Stocks
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Layoffs:

Thomas Health furloughs hundreds of workers unrelated to virus response
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How the coronavirus job cuts played out by sector and demographics
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Consumer sector drives US job losses in March but worse days ahead – experts
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Hundreds of thousands of retail workers are being furloughed or permanently laid off during the coronavirus pandemic. Here's who has been affected.
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18,000 Factory Workers Lost Jobs in March
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Change in Payroll Jobs Per Month Since 2008
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Mindbody lays off 700
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The Henry Ford to layoff 1,400
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100+ layoffs: North Bend Medical Center on historic, difficult decision
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Under Armour Lays Off 6,700
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Risk to jobs now 'unprecedented since the Great Depression' Economists think coronavirus could push unemployment above Great Depression levels. Here's why the pain won't be as prolonged this time.
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U.S. Jobless Claims Seen in Millions for Third Straight Week
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America's Unemployment Apocalypse
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Former Everlane Employees Claim They Were Unlawfully Fired After They Tried To Unionize
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Early coronavirus job losses hitting minorities, women, teens particularly hard
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History:

America’s Devastating First Plague and the Birth of Epidemiology
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Why We Keep Getting the Lessons of the Spanish Flu Wrong
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The Killer Virus of 1918: A Philadelphia Story
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Education:

How NYC moved the country’s largest school district online
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Banking:

FDIC closes small West Virginia bank, moves deposits to MVB Bank
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U.S. banks to defend dividend payments in stress tests
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Wells Fargo Says Fed Cap Is Limiting Relief for Small Businesses
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Pharma:

FDA Commissioner Says China Not Creating Drug Shortages in U.S.
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Student Debt:

As Americans faced layoffs and lost wages, student loan companies kept going to court to collect
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We Should Forgive Student Loans For Doctors Risking Their Lives To Fight Coronavirus
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Politics:

Trump, Republicans resist calls for widespread use of mail-in ballots as coronavirus pandemic persists Republicans Now Just Admitting They Want Fewer Americans To Vote Trump Rejects Voting-by-Mail Amid Virus, Citing Fraud Concerns
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Trump reportedly dismissed January coronavirus warnings from Health Secretary Alex Azar as 'alarmist'
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Trump Veers Off to Attack Ukraine Whistleblower at Coronavirus Briefing Trump suggests firing watchdog was payback for impeachment Trump pursues impeachment vendetta amid coronavirus crisis Grassley demands ‘explanation’ for firing of intel community watchdog
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FEMA Spending Millions on Trump Properties
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Stretching the International Order to Its Breaking Point
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President Trump and Nancy Pelosi have not spoken in five months
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Trump wants Cuomo to be more ‘gracious’ amid coronavirus aid
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Clyburn: House coronavirus panel ‘will be forward-looking,’ not review Trump’s early response
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Mark Cuban opens door to 2020 run Mark Cuban says coronavirus changes 'everything' in US -- so leaders should 'step up'
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Andrew Cuomo supporters quietly angling him for 2020 vice president gig
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Top Sanders advisers urge him to consider ending run
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Trump Organization Requests Reduction or Delay in Deutsche Bank Loan Payments, Report Says
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Ambassador Zero: A Virus’s Toll on U.S. Diplomats at Home and Abroad
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‘That Woman From Michigan’ Talks Trump
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Jared Kushner's coronavirus 'impact team' mocked as the 'Slim Suit Crowd' and a 'frat party' descended from a UFO
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Illinois governor: "The president does not understand the word 'federal'"
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Unafraid to call out Trump, Hogan emerges as lead GOP voice for urgent action on pandemic
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Early on, Cheney and Cotton warned about the coronavirus. They still face push back in the GOP.
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Trump's new purge Trump ousting intelligence community inspector general
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Gov. DeSantis Blamed Outsiders for COVID-19 Spread, But His Top Donor Reportedly Got to Fly in Employees
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Newly launched ‘Catholics for Trump’ initiative sets sights on winning critical voting bloc in November
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Wisconsin Republicans rebuff governor’s 11th-hour bid to delay Tuesday’s election
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Conservative Columnist Looks At History, Concludes Trump Is Worst President Ever
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Circuses:

Cirque du Soleil in talks with Caisse for funding lifeline
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Coal:

Murray Energy, UMWA reach tentative agreement
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Education:

Coronavirus Pushes Higher Education to the Brink
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College Made Them Feel Equal. The Virus Exposed How Unequal Their Lives Are.
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NYU professor Scott Galloway: The pandemic will reshape the future of higher education — and many universities may not make it
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Education: US teachers had days to re-define class
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As USC forces pay cuts amid pandemic, its president gets a new Santa Monica home
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Military:

Navy captain fired by Trump over coronavirus letter tests positive for COVID-19: report Whistleblower’s Lawyer Encourages Fired Navy Captain to File Reprisal Complaint Fired US Navy captain reportedly emailed his coronavirus warning because he believed his boss would have prevented it Trump says Navy captain letter asking for help on coronavirus-stricken ship ‘was terrible’ Mark Esper defends firing of Navy captain: It’s ‘how we hold leaders accountable’ Thank You, Captain Crozier Roosevelt Skipper Should be Praised Skipper Followed in Namesake's Footsteps Why Forcing Capt. Crozier Out was Unusual
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U.S. Military Seeks More Funding for Pacific Region After Pandemic
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Sports:

Trump talks with US pro sports leaders to discuss virus
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Trump sees "sooner rather than later" return of pro sports
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After call with sports leaders, Trump says he can't commit to date for having fans in stadiums
(DBN)Trump says NFL season should start on time amid coronavirus crisis
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MLB considers quarantining players, playing in empty spring training parks to start season: report
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Spanish Players Criticize League’s Call for Furloughs
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English footballers go on the defensive in pay cut row
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Maritime:

Ships Are Moving, but Exhausted Sailors Are Stuck at Sea Under Coronavirus Restrictions
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Fraud:

Luckin Coffee apologizes for alleged fraud
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Experts warn about big dollar fraud in $2.2 trillion coronavirus relief package
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Hotels:

A brief history of hotels in times of crisis
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Agribusiness:

Food Supplies Worry Farmers
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Hotels:

Hotel lobbies go quiet as demand drops during coronavirus pandemic
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Gambling:

Bookies offer desperate gamblers bizarre options in world without sports
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Taxis:

A New York City taxi driver kept working to pay bills. Now he and his family are sick
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Dairy:

Bankruptcy judge to approve Dean sale
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Utilities:

Third member of PG&E bankruptcy committee resigns, criticizes PG&E plan
(DBN)

PG&E Plan Gaining Broad Support From Fire Victims, Lawyers Say
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Fire Claimants Denounce PG&E $13.5 Billion Settlement Estimation as Unfair Backup Plan
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Newspapers:

Long-Struggling Local Newspapers Pushed to Brink by Coronavirus
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Autos:

Car plant shutdowns may cost auto industry more than $100bn
(DBN)

Automakers Have One Hot Seller Left: The Seven-Year Car Loan
(DBN)

Tesla Shows Ventilator Prototype Made From Car Components
(DBN)

‘Cash for Clunkers’ Overseer Backs Ford’s Pitch for a Sequel
(DBN)

A fire at a Florida airport destroyed more than 3,500 rental cars
(DBN)

US auto industry yet to see extent of COVID-19 demand shock – trade group CEO
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Zoos:

In hard-hit New York City, even a tiger tests positive for coronavirus
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Distressed Investing:

Some Big Investors Smell Profit in Virus-Plagued Companies
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In a hunt for returns, many investors are buying junk bonds
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Nursing Homes:

75 Test Positive at Denton Facility
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Non-Profits:

Financial distress of the COVID-19 pandemic on not-for-profits
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Economy:

The government's official scorekeeper just poured cold water all over the Trump administration's predictions of a rapid economic recovery from the coronavirus
(DBN)

Don’t count on a fast global economy bounceback
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‘We have to open our country again,’ says Trump, even as he warns of ‘a lot of death’ in coming weeks
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When Can America Reopen?
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Apollo Co-Founder Sees Economy in ‘Shambles’ Without Key Fed Relief
(DBN)

World Bank’s Private Arm Seeks to Prevent Wave of Bankruptcies
(DBN)

Dr. Birx now warns Americans NOT to go to the grocery store or pharmacy unless it's essential during the next 14 days
(DBN)

Most Americans will stay home this month even if lockdown lifted: poll
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Regulators free up $500bn capital for lenders to fight virus storm
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Fed’s Bullard: US economy not in free fall despite 32% unemployment projection
(DBN)

St. Louis Fed’s Bullard pitches daily COVID-19 testing to help restore economy’s health Are coronavirus immunity certificates really such a good idea? This terrible idea might be the way our coronavirus quarantines end
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The CDC has begun testing blood for immunity against coronavirus
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Economist Stephen Moore warns US could be headed toward a Great Depression
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Bankruptcy attorney says Hawaii could see ‘mother of all recessions’
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The Economic Damage From The Coronavirus Recession In Five Numbers
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What top CEOs fear telling America about the coronavirus shutdown
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2020′s economic free fall is not another Great Depression: Leuthold’s Jim Paulsen
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Americans hit by economic shocks as confusion, stumbles undermine stimulus effort
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Global economy screeches to a halt as coronavirus job losses take toll
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Americans are underestimating how long coronavirus disruptions will last, health experts say
(DBN)

Fauci says it's likely coronavirus will be seasonal
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The jobs numbers have been so bad that even the good news is bad news
(DBN)

Top science adviser says mass tests way to ease lockdown by end of May
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ISM Non-Manufacturing Index decreased to 52.5% in March
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U.S. sheds 701,000 jobs in March March Employment Report: 701,000 Jobs Lost (718,000 Lost ex-Census), 4.4% Unemployment Rate Comments on March Employment Report A bleak US jobs report likely portends even deeper losses
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Job Losses Worse Than Great Depression
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Record Number Not in Labor Force
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The Road to Semi-Normal
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He Needs Jobless Benefits. He Was Told to Find a Fax Machine Countless Americans cannot complete unemployment applications
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Coronavirus and Paid Sick Leave: A Quarantined Uber Driver’s Quest
(DBN)

America's small business bailout is off to a bad start Skepticism rises over government's small business bailouts A $5.4 Billion Day for Main Street Ends in Frustration, Relief 3 ways to ensure SBA aid for small businesses helps those who need it most Banks scramble to make small business loan applications available US Small Businesses Seek $5.4 Billion In Virus Relief Loans Thousands of applicants, zero loans: Trump's small businesses lending program is a failure to launch How to Get Your Small Business Loan Forgiven Bankers Struggle to Get Virus Relief Loans to Small Businesses Banks Made Direct Appeal to Ivanka Trump Over SBA Program Rescue Fund for Small Firms Starts Without Wells Fargo, JPMorgan
(DBN)

The Paycheck Protection Program: The Chaos Begins
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Bank of America CEO Says Half a Million Customers Have Deferred Payments
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Speaker Pelosi Aims to Bring Up Next Virus Stimulus This Month
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Trump says he will immediately ask for more small business money if relief fund runs out
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What the $2 trillion coronavirus bailout is really going to cost
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Trump’s pick for coronavirus inspector general wins praise from some oversight experts as Democrats slam pick Pelosi, Schumer blast Trump pick to oversee $2T stimulus, call for ‘urgent’ House oversight
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Bailouts should come with strings attached so taxpayers can profit
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Lawmakers worry about coronavirus stimulus rollout
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More states issue stay-at-home orders as coronavirus crisis escalates Fauci advises all states issue stay-at-home orders Florida’s slow response: How the sunshine state got it so wrong In Georgia, Shelter-in-Place Order Closes Businesses and Reopens Beaches Mayor of Georgia coastal town assails governor’s ‘reckless mandate’ to reopen the state’s beaches Why these 8 Republican governors are holding out on statewide stay-at-home orders
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Despite stay-at-home orders, 6 out of 10 are on roads
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Some New Yorkers riding crowded subway commutes during coronavirus pandemic
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The coronavirus outbreak is going to get worse still, but it’s not too soon to think about how we will start to come out of this
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Agriculture Secretary Perdue: Despite coronavirus, America’s food supply is safe, secure and abundant
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Rep. Chip Roy: Coronavirus shutdowns and rising unemployment causing economic pain that must be considered
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What's next in the economic battle against coronavirus
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The rich pull up the drawbridges Inside the luxurious underground bunkers where the rich bug out
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Immigrants on the front lines in the coronavirus fight
(DBN)

The Recession Bread Lines Are Forming in Mar-a-Lago’s Shadow
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Data Suggests Many New York City Neighborhoods Hardest Hit by COVID-19 Are Also Low-Income Areas
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AAR: March Rail Carloads down 6.0% YoY, Intermodal Down 12.2% YoY
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Class 8 Truck Orders Crashed in March
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FT editorial board calls for 'radical reforms' like basic income and wealth taxes amid pandemic
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Emergency legislation and measures around the world (COVID-19)
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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:

Sears (MOAC v. Transform): Landlord May Rest (Adequately) Assured of ‘Similar’ Financial Condition and Operating Performance, But Not Necessarily Tenant Mix
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America’s housing market is showing the first signs of trouble from the coronavirus pandemic
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Mortgage firms teeter near crisis that regulators saw coming
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Landlords in Peril as Chains Like H&M Refuse to Pay Rent
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Mortgage Crisis Prompts U.S. to Weigh Harder Line With Borrowers
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After $50 Billion of Losses, No One Comes to Save the Mortgage Market
(DBN)

Construction in New York Limps Forward Despite Shutdown Order
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L.A. has a coronavirus eviction ban, but landlords are finding ways to demand rent
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Tenants fear eviction. Landlords fear bankruptcy. How can Philly balance the two?
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Landlord waives April rent for 200 tenants amid pandemic, wants everybody ‘healthy’
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Municipalities:

Puerto Rico Discovers Personal Protective Equipment Supply Stash Amid COVID-19 Outbreak
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Moody's: States Hardest Hit Financially
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Near-Junk Illinois Faces Record Bond Penalties on Financial Risk
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Oil/Gas:

Oil majors raise $32bn of debt to weather crisis
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Oil’s Stunning Demand Collapse Threatens Closures Everywhere
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Trump’s Oil Diplomacy Is Probably Doomed, so Brace for $10 a Barrel
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Operators stand to lose hedging protection at year’s end
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Trump Says He’d Use Tariffs If Needed to Protect Oil Industry US and Canada discuss putting tariffs on Saudi and Russian oil Trump Says He Doesn’t Expect to Impose Tariffs on Oil Imports
(DBN)

Chaos and Scrambling in the Oil Patch
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We Should Be Celebrating OPEC’s Price War, Not Trying To End It
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Oil billionaire Dan Wilks acquiring stakes in hard-hit U.S. service firms
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Trump calls to fill up more places with oil
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Oil prices hit an 18-year low amid coronavirus lockdown
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Oil prices could plunge below $20 a barrel in Q2 as demand craters: CNBC survey
(DBN)

Oil Retreats as Doubts Surface on Potential Price War Truce
(DBN)

Brent crude could plunge to ‘single-digit lows’ if OPEC+ can’t agree on output cuts, says Fitch
(DBN)

U.S. Energy Chief Tells Industry He Sees Oil Deal Within Days
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OPEC+ virtual meeting slated for Monday in doubt after Saudi Arabia sharply criticizes Russia OPEC-Russia meeting delayed until April 9 amid turmoil in energy markets Saudi Arabia, Russia push negotiations for global oil pact Oil Negotiators Race for Global Pact With U.S. Role in Balance
(DBN)

Coronavirus fuels historic drop in gasoline demand
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The US oil industry is more likely to be saved by a government bailout than by OPEC
(DBN)

Oil set to ‘crater’ Monday as OPEC meeting delayed, tensions flare
(DBN)

Big Oil is using the coronavirus pandemic to push through the Keystone XL pipeline
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Possible Production Cut Could Save Chesapeake Energy
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Healthcare:

Medicare and Medicaid Developments in Health Care Bankruptcies
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A mounting casualty of coronavirus crisis: Health care jobs
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KKR-Backed Envision Withholds Doctor Pay as Routine Care Slows
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Just When They’re Needed Most, Clinics for the Poor Face Drastic Cutbacks
(DBN)

How Doctors Broke Health Care
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Quorum says it may have to file for bankruptcy Quorum’s 24 Hospitals Face Bankruptcy Amid Covid-19 Pressure
(DBN)

Trump and Pence Say There Are Signs U.S. Outbreak ‘Stabilizing’
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The noble lie about masks and coronavirus should never have been told US firm denies German ‘piracy’ claims over vanished face masks Abrupt reversals on face mask policy raise new questions Wear a mask: it may be our best weapon against coronavirus Majority of NYS COVID-19 death victims over 70 years old New York in ‘race against time’ as Trump stresses face masks are voluntary US cast as culprit in global scrum over coronavirus supplies Using blue shop towels in homemade face masks can filter particles 2x to 3x as well as cotton, some clothing designers discovered after testing dozens of fabrics Biden says he'll follow CDC mask guidance: "Listen to the Faucis of the world" Everything you need to know about making your own face mask A California county takes unusual step to slow coronavirus spread; state braces for jump in cases Finland: ‘Prepper Nation of the Nordics’ Isn’t Worried About Masks What’s the Best Material for a Mask for Coronavirus? COVID-19 Warning: Coronavirus Could Be Spread By Talking And Surprisingly, Even Breathing
(DBN)

U.S. coronavirus updates: Death toll passes 8,500 With worst to come, 3 in 4 hospitals already facing COVID-19 New York reels as 630 die in a day, the state’s bleakest toll yet 1.22 million diagnosed cases worldwide, 65,884 deaths; glimmer of hope for Spain as death rate slows Fauci says coronavirus deaths will keep rising as new cases stabilize Surgeon general: This week will be "Pearl Harbor" or "9/11 moment" in U.S. Trump says 1,000 military personnel deploying to NYC, warns coming week toughest yet in virus fight US coronavirus hotspots desperately seek trained medical staff Cuomo says New York could hit coronavirus peak in 7 days: ‘We’re not yet ready’ This week will be coronavirus’s worst yet in the US, experts warn Louisiana parish has highest coronavirus death rate in US Governor Cuomo Suggests Number of New York’s COVID-19 Deaths Dropping Over Past Few Days Official Counts Understate the U.S. Coronavirus Death Toll Death toll from coronavirus passes 300 in California on L.A. County’s worst day yet Coronavirus Hot Spots Emerging Near New York City Most people recover from Covid-19. Here’s why it’s hard to pinpoint exactly how many Half of Minnesota Deaths from Nursing Homes All across the United States, the coronavirus is killing more men than women, data show Virus overwhelms southern Georgia county
(DBN)

Over a thousand doctors, nurses heading to New York City to fight coronavirus: Esper
(DBN)

April 5 Update: US COVID-19 Test Results
(DBN)

Iceland’s early coronavirus testing model shows 50% of cases have no symptoms How Iceland turned into the world’s biggest study of Covid-19 – and what it’s teaching us
(DBN)

U.S. ‘wasted’ months before preparing for virus pandemic The U.S. was beset by denial and dysfunction as the coronavirus raged Dr. Fauci Warned In 2017 Of ‘Surprise Outbreak’ During Trump Administration Report: Federal Agencies Didn’t Bulk Order Coronavirus Protection Equipment Until March
(DBN)

Coronavirus peak death rate will strike U.S. in 11 days when 2,644 people will die in 24 hours
(DBN)

Map Reveals Hidden U.S. Hotspots of Coronavirus Infection Shocking map reveals small rural towns have been hit with some of the most deadly coronavirus outbreaks
(DBN)

These 19 companies are working on coronavirus treatments or vaccines — here’s where things stand
(DBN)

The mystery of why the coronavirus kills some young people More young people are dying of coronavirus, WHO warns
(DBN)

How hospitals may choose who lives and dies of coronavirus
(DBN)

Surgeon writes haunting letter about rationing care for patients
(DBN)

Coronavirus taking toll on nurses, doctors around the globe
(DBN)

Giuliani, a familiar voice in Trump’s ear, promotes experimental coronavirus treatments
(DBN)

Fauci: no evidence anti-malaria drug Trump pushes works against virus Trump Continues Bizarre Fixation on Malaria Drug, May Pop Pills Himself Trump Says He Wants to Keep People Off Ventilators in Favor of Unproven Drug Combination Trump is touting experimental drugs for COVID-19, saying it's 'not going to hurt' people. But the drug has severe side effects and its misuse has led to poisoning and even death Inside the epic White House fight over hydroxychloroquine
(DBN)

Bill Gates calls coronavirus pandemic a ‘nightmare scenario,’ but predicts lower death toll than Trump
(DBN)

Health care insurers expected to jack up premiums as much as 40 percent to recoup coronavirus losses
(DBN)

When Is Trump Ordering A National Quarantine? Probably Never.
(DBN)

Government will cover uninsured patients' coronavirus treatment
(DBN)

New Yorkers stop and give daily thanks and gratitude for coronavirus frontline workers
(DBN)

Louisiana governor says state will run out of ventilators on April 9
(DBN)

Cuomo denies he’ll ‘seize’ ventilators from upstate for NYC, says order promotes ‘sharing’
(DBN)

Cuomo says New York is "literally going day-to-day with our supplies"
(DBN)

Ventilators Are the Last, Best Hope for Coronavirus Patients—but Save Only a Fraction
(DBN)

What Percentage of Infected Actually Die?
(DBN)

New York coronavirus deaths surpass 3,500 as Trump urges states to share ventilators
(DBN)

Trump administration tells states to step up as governors plead for aid
(DBN)

Despite What Trump Says, His Administration Is Legally Required to Act as an ‘Ordering Clerk’ During Pandemic
(DBN)

The desperate hunt for coronavirus personal protective equipment How the Trump administration has stood in the way of PPE distribution
(DBN)

The push to multiply limited medical supplies
(DBN)

China is donating 1,000 ventilators to help New York in coronavirus fight
(DBN)

Hunt for medical supplies creates marketplace of desperation
(DBN)

3M hits back at Trump, says ceasing exports of N95 masks will have ‘opposite’ effect, humanitarian consequences A White House order to keep masks in the US could limit supply, companies warn
(DBN)

Trump Says He’ll Use Defense Act to Retaliate on Virus Supplies
(DBN)

America’s emergency medical stockpile is almost empty. Nobody knows what happens next.
(DBN)

US allies express dismay over US handling of global medical supply chain
(DBN)

‘Long on fear, short of gear’: Inside California hospitals as they wait for coronavirus surge
(DBN)

‘That would be a false statement’: Dr. Fauci knocks down claim virus is ‘under control’
(DBN)

Nearly 40k flew to U.S. from China after Trump's coronavirus travel ban
(DBN)

Map: Where coronavirus treatments and vaccines are being tested on patients in the US
(DBN)

There’s scant evidence so far for chloroquine as a COVID-19 drug — but there’s already a shortage
(DBN)

A funeral is thought to have sparked a covid-19 outbreak — and led to many more funerals
(DBN)

NYC social distancing policies making police and civilians more vulnerable to coronavirus, critics say
(DBN)

Faced with their own coronavirus fears, crisis hotline counselors answer surge in calls
(DBN)

Coronavirus reshapes American families
(DBN)

‘As you get older, the physical stuff is hard.’ Meet the hospital cleaner on the frontlines of the coronavirus pandemic
(DBN)

Firefighters say coronavirus will obstruct emergency service during wildfires
(DBN)

Where will the bodies go? Morgues plan as virus grows “A backlog of funerals” in coronavirus’ epicenter ‘We’re Going to See What Else the Word Funeral Can Mean’
(DBN)

In Elmhurst, Queens, I’m a Doctor at the ‘Epicenter of the Epicenter’ in New York
(DBN)

The Nurse Was Holding Up. Then Her 3 Close Relatives Were Brought In
(DBN)

As coronavirus cases grow, some of the largest US employers including Walmart and Amazon turn to thermometers as detection tool
(DBN)

____________

Retailing:

Bankruptcies won’t save retail this time
(DBN)

List Of Retail Companies On Bankruptcy Watch Is Growing Fast Amid Coronavirus Crisis
(DBN)

List Of Retail Companies On Bankruptcy Watch Is Growing Fast Amid Coronavirus Crisis
(DBN)

Retailers furloughed nearly 1 million workers this week. But the industry's troubles are just beginning.
(DBN)

Neiman Marcus advances bankruptcy preparations, sources say
(DBN)

Luxury Retailer 10 Corso Como Closes Up Shop. Was Coronavirus The Last Straw?
(DBN)

Walmart limits number of customers in stores
(DBN)

Amazon is now recommending the workers sorting and moving your online orders wear face masks but will have only 'limited' quantities
(DBN)

'I'm worried that I have infected 1000 people in the last three days': Amazon workers reveal all the reasons why they're afraid to go to work
(DBN)

Grocery Workers Put Their Health on the Line Grocery Workers are Afraid
(DBN)

Amazon white-collar employees are fuming over management targeting a fired warehouse worker
(DBN)

Boston authorities shut down GameStop and stores close statewide
(DBN)

Owner of Dutch mall takes on might of Li Ka-shing chain
(DBN)

Hobby Lobby is closing all stores and furloughing 'nearly all' employees without pay after it defied stay-at-home orders by quietly reopening locations around the nation
(DBN)

Retailers lost 46,200 jobs in March but could lose millions by May
(DBN)

Luxury companies reluctantly slash prices amid demand plunge
(DBN)

Two workers at the same Walmart store die of coronavirus
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

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

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Strategy:

Filing for bankruptcy? Understand your lenders' leverage
(DBN)

When Financial Stress Turns to Distress–Restructuring Tools to Avoid Disaster Parts 1 and 2: Chapter 11 Checklist and What Else Is in the Toolbox
(DBN)

____________

Bankruptcy Reform:

The CARES Act Expands Access to Bankruptcy Relief
(DBN)

Bankruptcy Implications of the COVID-19 Relief Legislation
(DBN)

CARES Act Enhances Eligibility for Small Businesses to Declare Bankruptcy
(DBN)

____________

Sovereign Immunity:

The Katz Principle Resurgent: State Sovereign Immunity Remains Abrogated in Bankruptcy
(DBN)

____________

Contracts:

COVID-19 and Force Majeure Claims in Performance of Contracts
(DBN)

____________

Miscellaneous:

Rochelle
(DBN)

Impact of Covid-19 on Bankruptcy Plans
(DBN)

____________

D&O:

Coronavirus and D&O Insurance: An Interim Update
(DBN)

PLUS Perspectives on the Coronavirus Outbreak: D&O Focus Update
(DBN)

____________

Tech:

Google Is Tracking Whether You’re Staying Home
(DBN)

____________

Aviation:

Ravn Air Group and Affiliates File in BK DE - First Day Dec
(DBN)

Top Democrats Press Treasury to Accelerate Airline Bailout Democrats Urge Mnuchin to Avoid ‘Unreasonable’ Terms on Airlines
(DBN)

Airlines May Pick Bankruptcy Over Government Aid
(DBN)

Cleary's Advising US Treasury on COVID-19 Air Carrier Loans
(DBN)

Cash Crunch Pits Airlines Against Customers in Refund Disputes U.S. airlines ordered to pay refunds for flights canceled by virus
(DBN)

Travelers Dealt Double Blow When Insurers Refuse Virus Payouts
(DBN)

Airlines slash more than 90% of flights to coronavirus hot spot NYC
(DBN)

Warren Buffett's Berkshire Hathaway sold nearly $390 million worth of Delta and Southwest shares this week
(DBN)

Boeing Extends Closing of Seattle-Area Factories on Virus Worry
(DBN)

Boeing Max Suffers Blow as Leasing Firm Scraps $8 Billion Order This Big Boeing 737 MAX Order Cancellation Could Be Start Of A Wave
(DBN)

“Like Sheep for Slaughter”: American Airlines Flight Attendants Speak Out
(DBN)

Woman Flying to See Her Dying Mother Gets Upgrade to First Class, Is Only Passenger on Flight
(DBN)

United Airlines Thanked Customers For Its Bailout Money. Then It Carried On Treating Them Badly
(DBN)

US Airlines Apply for US Payroll Help U.S. Airlines Apply for Government Aid With Sales in Freefall
(DBN)

U.S. says airlines must maintain domestic service
(DBN)

Air France-KLM in talks on state-backed loan package
(DBN)

Turkish Airlines Suspends All Domestic Flights Until April 20
(DBN)

Lufthansa Under Mounting Pressure to Accept Government Stake
(DBN)

Planes Repossessed From Mexico’s Interjet in Omen for Airlines
(DBN)

____________

Religion:

Buffalo Diocese urges parishes to retain bankruptcy lawyers
(DBN)

Pope Francis delivers Palm Sunday sermon to empty St. Peter’s Basilica Pope Urges Courage As Global Death Toll Tops 65,000
(DBN)

The Americans defying Palm Sunday quarantines: "Satan's trying to keep us apart"
(DBN)

20,000 Worshipers Quarantined In Pakistan After Major Search
(DBN)

Restrictions on religious gatherings prompt clashes
(DBN)

Louisiana church holds services, defying coronavirus stay-at-home order
(DBN)

Defiant pastors vow to host Palm Sunday mass during coronavirus pandemic
(DBN)

Mormons start crowd-less conference due to pandemic
(DBN)

Archbishop delivers Palm Sunday blessing by helicopter
(DBN)

____________

Food/Beverage:

Davis Wright Lawyer Helps Guy Fieri Create Worker Relief Fund
(DBN)

Trouble signs mount for Logan’s Roadhouse
(DBN)

Shake Shack’s Business Model Slammed by Virus as Sales Plunge
(DBN)

6 chains including Starbucks and Krispy Kreme are offering free food and drinks for healthcare workers and other first responders
(DBN)

Maker of Corona Suspends Beer Production After COVID-19 Order from Mexico’s Government
(DBN)

Chipotle to honor $6.5 million in quarterly bonuses. CEO says it’s the ‘right thing to do’
(DBN)

____________

Cruise Lines:

Carnival’s struggle to survive the coronavirus as it wipes out cruise industry
(DBN)

Australia: Virus-stricken cruise ship faces police probe
(DBN)

Another Cruise Ship With Virus Victims Docks in Florida
(DBN)

Two passengers dead on Coral Princess cruise ship, captain says
(DBN)

Carnival Finds That Even 2021 Cruises Are Hard to Sell Right Now
(DBN)

____________

Personal Finance:

How to thrive at work during coronavirus outbreak
(DBN)

A survival guide to food shopping in New York — the epicenter of coronavirus
(DBN)

Rules for Using the Sidewalk During the Coronavirus
(DBN)

They Were the Last Couple in Paradise. Now Their Resort Life Continues.
(DBN)

No parties, no problem: Introverts don’t mind sheltering at home
(DBN)

After Just Weeks Of Dating, My Boyfriend And I Are In Coronavirus Lockdown Together
(DBN)

AOC offers advice for young people to get around stimulus check exclusion
(DBN)

Millions of dads are stuck at home. That could be a game changer for working moms
(DBN)

No Salon, No Problem: Americans Are Becoming Their Own Stylists
(DBN)

____________

Sovereigns:

Emerging economies set to struggle to meet debt obligations
(DBN)

____________

UK:

NMC creditor applies to UK court to bring in administrators
(DBN)

'We are facing the biggest financial crash for 100 years': Economists warn the UK economy could shrink by 7.8 per cent overall in 2020
(DBN)

U.K. Lockdown Hits Young, Low-Paid and Women Most, Study Finds
(DBN)

What measures are in place concerning real estate in the UK and Europe
(DBN)

Changes to the UK Government financial measures mean more small and mid-tier businesses can benefit
(DBN)

UK construction activity falls in March at fastest rate since 2009 – PMI
(DBN)

U.K. Confidence Drops Most on Record as Lockdown Bites
(DBN)

700 Northern Ireland jobs on line as Debenhams faces insolvency Debenhams prepares to file for bankruptcy
(DBN)

Queen Elizabeth II to praise virus response in rare address ‘If We Remain Strong, We Will Overcome. We Will Meet Again’
(DBN)

U.K.’s Rebooted Business Rescue Meets a Wall of Waiting and Pain
(DBN)

Coronavirus has hit Boris Johnson hard Boris Johnson’s pregnant fiancée recovering from coronavirus symptoms British PM Boris Johnson admitted to hospital for tests over ‘persistent’ coronavirus symptoms
(DBN)

Britain unlikely to lift coronavirus lockdown until end of May: government expert UK coronavirus deaths up 20% in one day, lockdown expected through May
(DBN)

Matt Hancock reveals he’s lost two people to coronavirus as he threatens to ban ALL outdoor exercise Hancock backtracks on tightening lockdown rules
(DBN)

Bailey rejects monetary financing as tool in virus crisis
(DBN)

Channel 4 pays millions in bonuses amid coronavirus TV ad slump
(DBN)

Many in the UK are turning to mail-order coronavirus test kits
(DBN)

What can the UK learn from smaller countries on how to avoid total lockdown
(DBN)

Hospital suffers critical incident on day UK deaths rise above 4,300
(DBN)

Scotland’s Top Doctor Resigns After Flouting Virus Lockdown
(DBN)

____________

EU:

Ripping Up Europe’s Insolvency Rules Won’t Save Its Companies
(DBN)

Europe prepares to ease coronavirus lockdowns
(DBN)

These Are the Options for Europe’s Giant Virus Rescue Package
(DBN)

European Banks Prepared for a Crisis. But Not This One.
(DBN)

____________

Canada:

Canadian Prime Minister Trudeau joined by Newfoundland’s premier in decrying Trump ban on exports of N95 protective masks Justin Trudeau Says Canada Won’t Retaliate Against U.S. for Banning Exports of N95 Masks
(DBN)

Wild Variations in Canadian Jobs Poll Reflect Employment Chaos
(DBN)

Bankruptcies Begin as Pandemic Halts Financing: Cannabis Weekly
(DBN)

____________

PIIGS:

In Italy, Going Back to Work May Depend on Having the Right Antibodies
(DBN)

Italy Nears Decree on $216 Billion in Guarantees to Companies
(DBN)

Italy cheers first drop in critical virus patients Fewer deaths in Veneto offer clues for fight against virus Death at home: the unseen toll of Italy’s coronavirus crisis Europe sees more signs of hope as Italy’s virus curve falls As COVID-19 deaths steady, Italy’s health minister eyes next phase
(DBN)

Why the Fate of Milan Will Be the Fate of Italy
(DBN)

Ireland’s Prime Minister Will Practice Medicine Again During Coronavirus Pandemic
(DBN)

Spain To Extend Lockdown, As Deaths Down For Second Day
(DBN)

Spain’s Coronavirus Cases Rise to 124,736, Surpassing Italy
(DBN)

Spain’s Government Must Do More Now or Face a Debt Spiral
(DBN)

Spanish Government Aims to Roll Out Basic Income ‘Soon’
(DBN)

____________

Switzerland:

Swiss lead way with crisis loans to small businesses
(DBN)

____________

France:

French Virus Fatalities Hit 6,507 in Deadliest Day of Outbreak
(DBN)

____________

Argentina:

Moody's downgrades Argentina, warns of 'significant' creditor losses
(DBN)

____________

Hungary:

Hungary Puts Burden of Virus Battle on Banks, Political Parties
(DBN)

____________

Germany:

A German Exception? Why the Country’s Coronavirus Death Rate Is Low
(DBN)

‘Stress-Free’: Coronavirus Aid Flows Quickly to Berlin’s Self-Employed
(DBN)

____________

MENA:

U.A.E. Amps Up Stimulus, Unveils New Aid Package
(DBN)

Dubai Islamic Bank Faces $541 Million Exposure to NMC Healthcare
(DBN)

Iran’s Rouhani says low-risk economic activities to resume from April 11
(DBN)

Iraqis Rally To Help Needy Families As Virus Hits, Economy Falters
(DBN)

Reuters stands by report on Iraq coronavirus cover-up
(DBN)

Dubai imposes two-week lockdown as Gulf states step up coronavirus fight Dubai Extends Restrictions on Movement of People to 24 Hours
(DBN)

____________

Ecuador:

Ecuador stores coronavirus victims in giant fridges as morgues fill up
(DBN)

Uncollected bodies lie for days in the streets of Guayaquil, Ecuador, the emerging epicenter of the coronavirus in Latin America
(DBN)

____________

Africa:

‘Complete collapse of economies’ ahead as Africa faces virus
(DBN)

Fitch Kicks South Africa Deeper Into Junk a Week After Moody’s
(DBN)

____________

Mexico:

How the coronavirus lockdown is hitting Mexico’s drug cartels
(DBN)

Mexico’s AMLO Pledges Public Works, Loans to Aid in Recovery
(DBN)

President, No Big Coronavirus Related Economic Stimulus in Mexico
(DBN)

____________

Australia:

Australian PM orders all foreign tourists home after fury at bad behaviour during coronavirus crisis
(DBN)

____________

Albania:

Albania’s coronavirus cases surge for third day in row
(DBN)

____________

Japan:

Japan’s Virus Stimulus Package To Come in Two Phases
(DBN)

Japan Could Declare Emergency in Tokyo by Tuesday, Yomiuri Says
(DBN)

____________

Singapore:

Singapore reports record new cases, quarantines 20,000 migrant workers Singapore is racing to stop coronavirus spreading in migrant worker dormitories
(DBN)

Singapore announces third stimulus package worth $3.6 billion to soften coronavirus impact
(DBN)

____________

Hong Kong:

Hong Kong Faces Delays in Giving Cash Away With Virus Hitting Economy
(DBN)

____________

Myanmar:

Myanmar Mulls IMF, World Bank Emergency Loans as Slowdown Bites
(DBN)

____________

Latin America:

14 Latin American nations seek IMF help to combat big recession
(DBN)

____________

South Korea:

South Korea’s return to normal interrupted by uptick in coronavirus cases
(DBN)

____________

Taiwan:

Taiwan’s coronavirus response is among the best globally
(DBN)

____________

Sweden:

Sweden seeks U-turn on coronavirus restrictions Sweden Girds for Thousands of Deaths Amid Laxer Virus Response
(DBN)

____________

China:

‘Our Goal Is to Survive’: Wuhan Cautiously Emerges From Lockdown
(DBN)

As China Reopens, Africa’s Woes Threaten to Starve Its Factories
(DBN)

China Is Reopening Its Wet Markets. That's Good
(DBN)

Tourist sites packed as China comes out of lockdown. Experts say risk is high
(DBN)

China Central Bank Worries About Depression
(DBN)

____________

Zambia:

Moody’s Sees Zambian Debt Restructuring as Highly Likely
(DBN)

____________

Philippines:

Man shot dead for flouting coronavirus rules
(DBN)

Philippines Says Emerging Consensus Is for Lockdown Extension
(DBN)

____________

Venezuela:

Trump Tightens Pressure on Maduro as Virus Threatens Disaster
(DBN)

____________


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